[Winning]

So Evanston, Illinois (Chicago suburb) has officially became the first U.S. city to make reparations available to its Black residents for past discrimination and the lingering effects of slavery.

On Monday 3/22/2021, The Chicago suburb’s City Council voted 8-1 to distribute $400,000 to eligible black households. Each qualifying household would receive $25,000 for home repairs or down payments on property.

The program is being funded through donations and revenue from a 3% tax on the sale of recreational marijuana. The city has pledged to distribute $10 million over 10 years.

Qualifying residents must either have lived in or been a direct descendant of a Black person who lived in Evanston between 1919 to 1969 and who suffered discrimination in housing because of city ordinances, policies or practices.

So $400,000 divided by $25,000 = 16. So I guess the next step is for them to select the 16 people that get this 1st pay out?

The day those 16 people get those funds, may be historical day due to the history of the 40 Acres that Union General William T. Sherman’s Special Field Order No. 15, issued on Jan. 16, 1865. Here is a short read of exactly what was originally promised in 1865 https://www.pbs.org/wnet/african-ame...es-and-a-mule/ .. Very Interesting read.. If that would have been allowed to happened it would have fundamentally altered the course of American race relations. I think that order may have played a huge role into why Abraham Lincoln was assassinated. Andrew Johnson, Lincoln’s successor and a sympathizer with the South, overturned the Order in the fall of 1865..

So what are you or your business doing to prepare for such a huge financial flow?

Here is what I am doing..

Investing in Crypto... I think its possible that such a huge fiat USD transaction could negatively effect the USD value and create higher inflation. It may be wise to put some money in crypto currency. if you are interested to learn a little about how crypto value works, here is a short read https://www.investopedia.com/ask/ans...have-value.asp

Incorporate a Non Profit Public Charity, and file for 5013C Status.... There is a huge need and will be a even bigger need to teach basic financial literacy, entrepreneurship, critical thinking, problem solving, etc.... I think that giving a boat load of money to people will not immediately elevate a mind set. That takes a lot more time and effort. If national reparations are dispersed there will be additional programs put in placed to assist with making this happen and fostering change. I am sure there will be new Private Foundations created and funded, related to assisting reparation recipients. Foundations can't give assistance directly to the reparation recipients. Foundations can only give grants to other 5013C organizations. The Non Profit 5013C Public Charity is responsible for actually taking the funds from the foundations via grants then helping the people. Here is a short read on Private Foundations vs Public Charities https://learning.candid.org/resource...lic-charities/

So what do some of you all think about what's going on, and how are you positioning yourself?