{"id":26943,"date":"2023-12-28T05:00:52","date_gmt":"2023-12-28T10:00:52","guid":{"rendered":"https:\/\/orionscoldfire.com\/?p=26943"},"modified":"2023-12-27T14:02:07","modified_gmt":"2023-12-27T19:02:07","slug":"so-where-are-all-the-reparations","status":"publish","type":"post","link":"https:\/\/orionscoldfire.com\/index.php\/2023\/12\/28\/so-where-are-all-the-reparations\/","title":{"rendered":"So Where Are All the Reparations?"},"content":{"rendered":"<p>New York is jumping on California\u2019s reparations bandwagon.\u00a0 I expect there will be a bumper crop of twenty something white kids kissing the shoes of black people in New York City.\u00a0 And I imagine all the fun mischief that could be extracted with the help of some makeup and various shoe contaminants.\u00a0 But what really interests me is where are all the reparations?<\/p>\n<p>I mean, if I\u2019m a black Californian, I must be thinking where are my millions of dollars?\u00a0 This thing has been kicking around for a long time but no money has been forthcoming.\u00a0 So, what the hell is going on?\u00a0 I have to assume that California is made up of at least 51% anti-black racists.\u00a0 And that\u2019s odd.\u00a0 Because California is less than 50% white.\u00a0 That seems to imply that there are non-white racists which I\u2019ve been told is impossible according to the prevailing definition of racism.<\/p>\n<p>So how does this get resolved?\u00a0 My hope was that the Silicon Valley billionaires pool their capital and provide the reparations out of pocket.\u00a0 So, I googled a few numbers and did some back of the envelope calculations (you know, engineers, right?)\u00a0 And I found out some stuff.<\/p>\n<table style=\"height: 196px;\" width=\"407\">\n<tbody>\n<tr>\n<td width=\"248\">Black population of California<\/td>\n<td width=\"130\">2,000,000<\/td>\n<\/tr>\n<tr>\n<td>Resources of ultra rich Californians<\/td>\n<td>$688,000,000,000<\/td>\n<\/tr>\n<tr>\n<td>Cost of Reparations (per person)<\/td>\n<td>$10,000,000<\/td>\n<\/tr>\n<tr>\n<td>Total cost of Reparations<\/td>\n<td>$20,000,000,000,000<\/td>\n<\/tr>\n<tr>\n<td>Reparation deficit<\/td>\n<td>$19,312,000,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Now I ballparked reparations to be what I would want if someone was going to give me a crazy lump sum.\u00a0 I mean, who is going to argue he \u201cneeds\u201d more than ten million bucks?\u00a0 Well, not believably.\u00a0 I defined ultra rich as having a net worth of a billion dollars or more.<\/p>\n<p>But it turns out these billionaires aren\u2019t all that rich after all.\u00a0 Between the bunch of them they have less than 5% of the twenty trillion dollars needed.\u00a0 They couldn\u2019t even crack a single trillion by pooling all their wealth.\u00a0 Losers!<\/p>\n<p>So, California is in a sort of pickle.\u00a0 They\u2019ve yakked and yakked about these reparations but truth be told, they don\u2019t have the cash in hand.\u00a0 You know, maybe they can borrow the twenty trillion from Uncle Sam.\u00a0 He\u2019s a sucker for a sob story.\u00a0 I mean he hands out trillions like they were going out of style.\u00a0 I think the national debt is something north of thirty-seven trillion so twenty trillion is at least heard of.\u00a0 And the Biden administration is a big fan of California.\u00a0 He\u2019s copying their energy policy.\u00a0 So maybe he\u2019ll give them a loan, that they\u2019ll never pay back.\u00a0 But then the rest of the states will want the same deal.\u00a0 And based on my similarly back of the envelope calculations Washington will have to print up about $600,000,000,000,000 (six hundred trillion dollars).\u00a0 Whoa!<\/p>\n<p>Now I don\u2019t think anyone has much experience with that kind of deficit spending but I\u2019m gonna guess that wheel barrels of hundred-dollar bills wouldn\u2019t begin to describe what kind of hyperinflation we\u2019d be looking at.\u00a0 Even Zimbabwe would be impressed at that kind of fiscal insanity.<\/p>\n<p>Someone might say, well, maybe we can cut it down to one million dollars apiece.\u00a0 That would cut the whole thing down to 60 trillion dollars.\u00a0 Sure, we\u2019d still be relegating the United States to banditry and possibly cannibalism just to stay alive.\u00a0 But how can someone in California survive on a one-time cash settlement of one million dollars?\u00a0 It\u2019s laughably insufficient.\u00a0 In four or five years many of these folks would be looking for another reparation.\u00a0 And then where would we be?<\/p>\n<p>No, it\u2019s six hundred trillion or nothing as far as I can tell.\u00a0 So, I hope they get their act together in California and get this show on the road.\u00a0 They only know for a fact that Biden will be in office for another year and so he\u2019ll need that pen of his to write the executive order to authorize the $600,000,000,000,000 check he\u2019ll have to cut for this worthy project.<\/p>\n<p>Come on Joe.\u00a0 Better hurry up.\u00a0 Printing all those bills is gonna take a while.\u00a0 November is almost here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York is jumping on California\u2019s reparations bandwagon.\u00a0 I expect there will be a bumper crop of twenty something white kids kissing the shoes of<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2103],"class_list":["post-26943","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-slavery-reparations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>So Where Are All the Reparations? - Orion&#039;s Cold Fire<\/title>\n<meta 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