[Winning]

https://www.citizen-times.com/story/...ic/5438597002/

In historic move, Asheville, North Carolina approves reparations for Black residents. In an extraordinary move, the City Council has*apologized for the city's historic role*in slavery, discrimination and denial of basic liberties to Black residents and voted to provide reparations to them and their descendants.

The unanimously passed resolution does not mandate direct payments. Instead it will make*investments in areas where Black residents face disparities.

"The resulting budgetary and programmatic priorities may include but not be limited to increasing minority home ownership and access to other affordable housing, increasing minority business ownership and career opportunities, strategies to grow equity and generational wealth, closing the gaps in health care, education, employment and pay, neighborhood safety and fairness within criminal justice," the resolution reads.

No way did I think this was going to pass. But it did.

So let's say this is the 1st domino to fall and starts a chain reaction of other city, state, and federal policies regarding reparations... How does a person go about verifying if they are indeed a descendant of a slave? I would think the Government would need to inlist the services of the private sector companies that are operating in the genealogy / acestorial / DNA spaces. I wonder if it would be a good time to invest in companies like 23andMe, Ancestry.com, and MyHeritage....

Seems like a lot of opportunity may be on the horizon.

I have seen a few different city governments pass things related to figuring out how much is owed to descendants of slaves and how they can go about issuing reparations. But today was the 1st time that I have seen a State pass any bills regarding this.

https://www.cnn.com/2020/10/01/us/ca...rnd/index.html

"California passes a first-of-its-kind law to consider reparations for slavery"..., "Bill AB 3121 -- the first of its kind in any state"...., "California Gov. Gavin Newsom has signed a bill establishing a task force to study and make recommendations on reparations for slavery."


Do you all think this could really happen? or is this all smoke and no fire?

And if this did happen, how do you plan to position your business to be able to tap into such a huge financial flow?

I bet most fortune 100 CEO's are looking at the current landscape and having these types of high level discussions.

Edit... Something just clicked in my head! The fix may already be in!
All the recent cooperate activism we have been seeing in relation t0 the Black Lives Matter movement could totally be a strategic play to befriend the Black Community due to the huge financial reparations that will be paid to the black community with in the next 10 years or so. By reinforcing a relationship and befriending your customers it is easier to sell to them!!! Perhaps the top CEO's (with the massive lobbying budgets) know that the Black Community will have a huge increase in buying power within 10 years... But you cant wait to the month before you know they are coming into money, to play nice.... You have to do it in a way that seems organic...

Checkmate!