{"id":577453,"date":"2021-06-30T13:35:17","date_gmt":"2021-06-30T17:35:17","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=577453"},"modified":"2021-06-30T13:35:20","modified_gmt":"2021-06-30T17:35:20","slug":"americas-first-black-billionaire-calls-for-14-trillion-in-reparations-and-wants-his-own-check-too","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americas-first-black-billionaire-calls-for-14-trillion-in-reparations-and-wants-his-own-check-too\/","title":{"rendered":"America\u2019s First Black Billionaire Calls For $14 Trillion In Reparations \u2014 And Wants His Own Check, Too"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Famericas-first-black-billionaire-calls-for-14-trillion-in-reparations-and-wants-his-own-check-too%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=577453&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/Robert-L.-Johnson-Getty-e1625066951647.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>America\u2019s first black billionaire proposed $14 trillion in reparations from the U.S. government, which he says is enough to close to black-white wealth gap, VICE reported.<\/p>\n<p>Robert L. Johnson, the founder of Black Entertainment Television, owns several homes, leads an asset management firm and is the first black person to own a majority stake in an NBA team, but wants cash reparations himself, <a href=\"https:\/\/www.vice.com\/en\/article\/88nmez\/robert-johnson-bet-reparations-racism-slavery?utm_source=vicenewstwitter\" target=\"_blank\" rel=\"noopener noreferrer\">VICE<\/a> reported. Along with the check Johnson wants an apology for racism, including slavery and Jim Crow laws, he told VICE in an interview.<\/p>\n<p>He believes the new reparations are&nbsp;<a href=\"https:\/\/dailycaller.com\/buzz\/critical-race-theory\/\" target=\"_blank\" rel=\"noopener noreferrer\">Critical Race Theory (CRT)<\/a> in education, COVID-19 relief solely for&nbsp;<a href=\"https:\/\/dailycaller.com\/2021\/03\/15\/leo-terrell-blasts-racism-farmers-covid-19-relief\/\" target=\"_blank\" rel=\"noopener noreferrer\">black farmers<\/a>, local reparations for housing in&nbsp;<a href=\"https:\/\/dailycaller.com\/2021\/03\/23\/chicago-suburb-evanston-approves-reparations-black-residents-marijuana-revenue\/\" target=\"_blank\" rel=\"noopener noreferrer\">Evanston, Illinois<\/a>&nbsp;and pledges from corporations the past year, following the death of George Floyd in May 2020.<\/p>\n<p>But these reparations under a different name that aren\u2019t seen as \u201cdivisive\u201d or \u201ccontroversial,\u201d Johnson said.<strong> <a href=\"https:\/\/dailycaller.com\/2021\/06\/15\/black-democrats-pushing-reparations-descendants-slavery\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED:&nbsp;Black Democrats Are \u2018Pushing Hard\u2019 To Look Into Reparations For Descendants Of Slavery)<\/a><\/strong><\/p>\n<p>\u201cAnd then people can say, \u2018Well, we really don\u2019t need reparations because when you put all of these things together, it\u2019s reparations,\u201d Johnson told VICE. \u201cIt\u2019s just not one big bill or asking this country to stand up and apologize, and you\u2019re not asking people to pay out of their paychecks.\u201d<\/p>\n<p>Johnson told Vice that the problem with current approach to reparations is what he calls \u201cplacebo paternalism.\u201d Reparations, \u201cwith no doubt whatsoever, [were] supposed to come from the government representing the people of the country.\u201d<\/p>\n<p><strong>\u201c<\/strong>Reparations had two components: The first was atonement, and the other was monetary,\u201d he said. \u201cWith no doubt whatsoever, it was supposed to come from the government representing the people of the country. It was reimbursement, or recompense if you will, for the harm.\u201d<\/p>\n<p>Black members of congress are promoting the Commission to Study and Develop Reparation Proposals for African-Americans Act, or <a href=\"https:\/\/www.congress.gov\/117\/bills\/hr40\/BILLS-117hr40ih.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">HR 40<\/a>, which would \u201caddress the fundamental injustice, cruelty, brutality, and inhumanity of slavery in the United States and the 13 American colonies between 1619 and 1865 and to establish a commission to study and consider a national apology and proposal for reparations for the institution of slavery,\u201d according to the bill.<\/p>\n<p>Reparations need to be an investment program, not a charity program, which means influential and wealthy individuals like&nbsp;Oprah Winfrey, Michael Jordan, and LeBron James should also be paid, Johnson told VICE.<\/p>\n<p>Johnson continues to advocate for <a href=\"https:\/\/dailycaller.com\/2020\/06\/01\/bet-founder-calls-for-reparations\/\" target=\"_blank\" rel=\"noopener noreferrer\">wealth transfer<\/a>&nbsp;and the attention of congress to get his $14 trillion proposal moving, along with <a href=\"https:\/\/mma.prnewswire.com\/media\/1496005\/BOOST_Act_Legislative_Outline.pdf?p=pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The Better Opportunity and Outcomes for Socially Disadvantaged Talent (BOOST) Act,<\/a> which would mobilize investors with tax incentives and encourage entrepreneurs to invest in minority businesses.<\/p>\n<blockquote class=\"twitter-tweet\" readability=\"3.6697247706422\">\n<p dir=\"ltr\" lang=\"en\">This morning on <a href=\"https:\/\/twitter.com\/SquawkCNBC?ref_src=twsrc%5Etfw\">@SquawkCNBC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BobJohnson?src=hash&amp;ref_src=twsrc%5Etfw\">#BobJohnson<\/a> <a href=\"https:\/\/t.co\/kNEtoP0bgC\">https:\/\/t.co\/kNEtoP0bgC<\/a><\/p>\n<p>\u2014 Bob Johnson (@RLJOfficial) <a href=\"https:\/\/twitter.com\/RLJOfficial\/status\/1387055711419523073?ref_src=twsrc%5Etfw\">April 27, 2021<\/a> <\/p>\n<\/blockquote>\n<p>\u201cReparations would require the entire country to \u2026 admit that the result of slavery has been 200 years of systemic racism and for that reason Black folks have been denied $13-15 trillion of wealth and therefore we as a country now must atone by paying Black people of all stripes \u2014the rich ones, the poor ones, and the middle\u2014out of our pocket,\u201d Johnson told VICE.<\/p>\n<p>Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>America\u2019s first black billionaire proposed $14 trillion in reparations from the U.S. government, which he says is enough to close to black-white wealth gap, VICE reported.Robert L. Johnson, the founder &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2313746,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/Robert-L.-Johnson-Getty-e1625066951647.jpg","fifu_image_alt":"America\u2019s First Black Billionaire Calls For $14 Trillion In Reparations \u2014 And Wants His Own Check, Too","footnotes":""},"categories":[],"tags":[],"class_list":["post-577453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/Robert-L.-Johnson-Getty-e1625066951647.jpg","fifu_image_alt":"America\u2019s First Black Billionaire Calls For $14 Trillion In Reparations \u2014 And Wants His Own Check, Too","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/577453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=577453"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/577453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2313746"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=577453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=577453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=577453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}