Write4U
Valued Senior Member
I have a solution for an equitable settlement of slavery reparations.
Instead of doling out a cash pittance or 40 acres and a mule, offer all descendants of former slaves a stock portfolio in various large and profitable companies. These stocks would be placed in trusts, so that they could not be sold and be protected from hasty sales to stock manipulators.
This will allow the descendants to receive yearly dividends and introduce them and their children to the concept of stock ownership in a business.
i.e. descendants of slaves on a sugar plantation cutting sugar cane, they would own a small part in the sugar company itself. Fair? Instead of being forever being relegated to the side-lines, these families would be "in the game" and acquire small "estates' which can be passed on to heirs, just like the very rich.
While this would be small time as compared to major stockholders, the concept of owning a little piece of the pie would IMO go a long way in restoring dignity and a sense of participation in the greater economy.
Comments?
Instead of doling out a cash pittance or 40 acres and a mule, offer all descendants of former slaves a stock portfolio in various large and profitable companies. These stocks would be placed in trusts, so that they could not be sold and be protected from hasty sales to stock manipulators.
This will allow the descendants to receive yearly dividends and introduce them and their children to the concept of stock ownership in a business.
i.e. descendants of slaves on a sugar plantation cutting sugar cane, they would own a small part in the sugar company itself. Fair? Instead of being forever being relegated to the side-lines, these families would be "in the game" and acquire small "estates' which can be passed on to heirs, just like the very rich.
While this would be small time as compared to major stockholders, the concept of owning a little piece of the pie would IMO go a long way in restoring dignity and a sense of participation in the greater economy.
Comments?
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