The vice president released a plan to help Black men financially, held interviews with two Black media outlets and put out targeted ads in battleground states.

The vice president released a plan to help Black men financially, held interviews with two Black media outlets and put out targeted ads in battleground states.

…

Ms. Harris’s plan calls for providing one million loans that would forgive up to $20,000 for Black entrepreneurs and people of other races to start a business, in an effort to close the capital gap that Black people often face.

The plan calls for expanding access to affordable banking options that will allow Black men and others to tap into more capital that they often cannot access because of high fees and other barriers. The plan also promises to devise a regulatory framework for protecting cryptocurrency assets, which more than 20 percent of Black Americans own or have owned.

All but the last last bit sounds good.

  • @[email protected]
    19•2 days ago

    Everything Harris proposes is geared to generating generational wealth, building the middle class, and helping the working class.

    Trump voters might like the pot they piss in, but I hope the other 70% of Americans wake up and smell what Momala is cookin’.

    • @anticolonialistEnglish
      -7•1 day ago

      Harris proposes is geared to generating generational wealth, building the middle class, and helping the working class.

      You can only build middle class, generational wealth with higher wages, something that’s not even in their platform.

  • @[email protected]
    5•1 day ago

    This is just a small gift to the black bourgeois who make up a small portion of the black population and need help the least.

    What black people need is broad programs that help all people. Investment in inner City schools, free school lunch programs, affordable and public housing, Medicare for all etc. Black capitalism and neo liberal programs like this aren’t going to help your average black person

    • @[email protected]
      2•1 day ago

      Or a return of the New Deal mortgage subsidies that black people were left out of the first time.

    • @MrVilliamEnglish
      4•2 days ago

      As in “something that would be a bare minimum proposal to rectify centuries of racial disparity, but won’t actually be achieved, and we’ll all pat ourselves on the back for pretending to try”? Yeah, if that’s what you meant, then I agree. But that isn’t what you meant, is it.

    • @[email protected]OP
      23•2 days ago

      I don’t see how that gets through Congress, whereas something more like this (but with much larger amounts of capital injection) has a better chance.

        • @confused_code_monkey
          23•2 days ago

          So reparations or bust? Completely disregard any other (actually achievable) benefit while chasing that golden goose? I understand the frustration, but unfortunately you have to take things one step at a time in modern day politics.

          • @[email protected]
            -1•2 days ago

            No, that’s not what I’m saying. I’m saying they should push on reparations even if it’s an uphill battle in congress. Other things are appreciated, but without reparations there is no justice. It’s just patchwork.

        • @cabron_offsets
          4•2 days ago

          Doing the right thing doesn’t win elections. And if we don’t win elections, there is zero chance of making progress.

          • @anticolonialistEnglish
            -2•1 day ago

            There’s no progress when they do win elections.

    • @dhorkEnglish
      15•2 days ago

      I’m not a big fan of the idea of reparations. The generational harm seems too great to fix with money. Besides, once there are any payments at all, you will get losers who claim that racism is over, because we paid it off.

      • @ilinamorato
        6•2 days ago

        I don’t believe reparations are politically possible right now, but “we can’t fix the problem so we shouldn’t even try” just doesn’t feel like the right move here.

      • @[email protected]
        1•1 day ago

        You mean as opposed to the people nowadays saying that we eradicated racism because of an amendment ?

    • @ilinamorato
      8•2 days ago

      Seems like the current plan is to just wipe out all generational wealth instead, for every ancestry. We’ve given up on a rising tide lifting all boats and instead we’re draining the harbor.