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Boycott student loans from 'slavery banks'!
Since JP Morgan Chase refuses to do the decent thing - settle a slavery restitution case pending in the 7th Circuit Court of Appeals in Chicago - students, hip hop artists, church leaders, elected officials and reparationists are trying to reach the corporation through the only thing it seems to value: its bottom line.
JP Morgan Chase and its subsidiary, Bank One, are the No. 1 student loan providers in the United States. Therefore, activists are calling for a boycott of the bank's student loans, which earn JP Morgan Chase over $9 billion a year.
Three other tainted student loan banks are also included in the boycott -Bank of America, Wachovia and Fleetbank. All of them have been confronted with evidence of their role in enslaving Africans but, like JP Morgan Chase, they refuse to comply with demands to pay restitution.
The campaign, entitled "One Student," is being coordinated by the Restitution Study Group, a New York non-profit headed by Deadria Farmer-Paellmann, lead plaintiff in the lawsuit. In 2000, she launched the movement for corporate restitution for slavery when she exposed that Aetna Inc. wrote life insurance policies on the lives of enslaved Africans with slave-owners as the beneficiaries.
In 2002, she filed the landmark reparations case against corporations, which is currently on appeal. The lawsuit demands that a humanitarian trust fund be created to heal the injuries descendants of slavery suffer today as a result of slavery - i.e. urban poverty, inadequate healthcare and lost housing, employment, educational and business opportunities.
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http://www.sfbayview.com/011106/slaverybanks011106.shtml
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Restitution to whom? Dead people? Sorry, it's over. The slaves are all dead, as are the masters. What you want is another bottomless handout from white people. You aren't going to get it. Over 75% of the white population is descended from people who arrived here after 1865. Try telling some white guy whose family was in Palermo in 1865 that he owes you for some past wrong. Get over it. It's over.
My ancestors are Irish.
When they arrived in America in the mid-19th century, they were starving and poor. The men were immediately conscripted to serve in the Union Army to fight to defeat the South and free the slaves.
Since we never owned slaves, and were forced to fight for emancipation, all Irish-Americans deserve to receive 25% of all reparations delivered to African-Americans.
That’s fair, right? Let's keep issuing reparations until everyone gets their fair share!
When they arrived in America in the mid-19th century, they were starving and poor. The men were immediately conscripted to serve in the Union Army to fight to defeat the South and free the slaves.
Since we never owned slaves, and were forced to fight for emancipation, all Irish-Americans deserve to receive 25% of all reparations delivered to African-Americans.
That’s fair, right? Let's keep issuing reparations until everyone gets their fair share!
if you could wake up and smell your ignorant ass, you'd realize that africanamericans have english irish and native roots .we are not just one race and should have equal acess to land that our ancestors built and worked not to mention DIED for.but i dont expect any complex realizations from you. nevertheless i feel compelled to show my greater awareness of the ''race issue'' here.
That's a quote from Balzac.* Slavery was only one of those great crimes, although it may have been the greatest of them.
The point is that those who are wealthy generally committed crimes against humanity themselves, inherited their wealth from such criminals, or proved themselves valuable to members of the first two groups.
Genuine reparations would mean that those fortunes would be expropriated and that the people/peoples of the world would share the wealth of the world equally, regardless of whether their ancestors were criminals or survivors of their crimes.
* Sorry I couldn't find the original French.
The point is that those who are wealthy generally committed crimes against humanity themselves, inherited their wealth from such criminals, or proved themselves valuable to members of the first two groups.
Genuine reparations would mean that those fortunes would be expropriated and that the people/peoples of the world would share the wealth of the world equally, regardless of whether their ancestors were criminals or survivors of their crimes.
* Sorry I couldn't find the original French.
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