It wasn't stupid at all. Many companies that you use benefitted from it
AIG – bought American General Financial which owns US Life Insurance Company. US Life used to insure the lives of slaves.
Aetna insured the lives of slaves in the 1850s.
Bank of America – grew in part out of the Bank of Metropolis, which accepted slaves as collateral.
Harvard Law School – endowed with money from Isaac Royall, an Antiguan slave owner and sugar grower.
JP Morgan Chase – made a fortune from the slave trade.
Princeton – raised money and recruited students from rich, slave-owning families in the South and the Caribbean. Princeton was not alone in hitting up slave owners and traders for money and students. So did:
Wells Fargo – Georgia Railroad & Banking Company and the Bank of Charleston owned or accepted slaves as collateral. They later became part of Wells Fargo by way of Wachovia. (In the 2000s Wells Fargo targeted blacks for predatory lending.)
Yale University – money from slave trading went to its first endowed scholarships, professorship and library.
Universities not only sought and accepted money from slave owners and traders, they helped to create scientific racism.
Tiffany’s – founded with profits from a cotton mill in Connecticut that processed slave-grown cotton.
All these companies (and many more) need to put monies aside to reimburse Black Americans for the free labor they did.
Not to mention the rape, torture, kidnapping, depriving education, thievery, family displacement, lynchings and murder, all crimes against humanity.
The US knows slavery impacted every corner of the world. This is why they don’t talk about reparations for Blacks but gave reparations to the Jews for the Holocaust, This is what MLK talked about before he was murdered by the US.
Black Slaves built the White House. Everything that’s worth talking about in US history leads to “you guessed it” SLAVERY! With that being said, Yes these companies need to pay if the company is worth 10 billion, then that company should pay 40% of that 10 billion and the US government should match every dime from each company.
No self hatred with me.
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