Some of the basic facts can sometimes help people see what “white supremacy” or ”systemic racism” is. These terms can be vague, overused, abstract after all. In 1789, the founders valued black American at being with three-fifths the worth of a white person. That meant a black American was worth 66% the value of a white man. After the collapses of the market when the “housing bubble” burst in 2008, blacks lost wealth at twice the rate of whites. Now he average black American family is worth one percent (that 1%) of the average white family. That means for every dollar of value owned/controlled by a white family, a black family is worth 1 cent, which is down from 5 or 10 cents decades earlier.

That’s horrific, and is a statistic of hard money that shows what systemic racism does: it has deprived opportunities and resources to blacks to gain the same wealth and be worth the same. I’ve read just in the last week that blacks earn 42 or 47 cents for every dollar a white family or person earns(I have to research this further for accuracy). Ironically (or perhaps not), some of these key statistics come from the Federal Reserve Bank’s research posted on their own website. In other words, the Central Bank of the US that controls and creates all the money actually knows and tracks this problem of vast and diminishing wealth inequality and their top economists with PhDs tracking, researching and writing reports on it. Yet the wealth gap grows, not shrinks. If that long-term trend doesn’t represent the harsh reality of what systemic racism is and what more importantly it does, than what else can. There are of course more examples of what is does, equally as bad or worse, but there seems no way of explaining how this gap widened between black American families and white families other than systemic racism. The Fed chairman and board don’t have to say anything that is racist when they are doing it so well.
Reparations Now!