Kamala Harris Vows To Give Black Families $100 Billion In Taxpayer-Funded Giveaways
Democratic 2020 presidential candidate Kamala Harris upped the ante on her party’s empty promises of “Free Stuff!” by claiming that if she gets elected, she would invest $100 billion of taxpayer money into housing assistance for black families to help them pay for their homes.
Kamala Harris’ latest pandering scheme is part of her effort to buy black votes.
“After generations of discrimination, it’s time to give Black families a real shot at home-ownership,” She said yesterday at Essence magazine’s Global Black Economic Forum (video below).
“If we eliminate racial wealth disparities in home-ownership rates, median Black wealth would grow $32,113 per household, and the wealth gap between Black and white households would shrink 31%.” She said.
Her program means to assist black Americans living in “red-lined” communities, and areas that the Home Owners’ Loan Corporation dissuaded lenders from investing in.
“Redlining has resulted in households of color receiving just 2% of the [Federal Housing Administration] loans expanded between 1934 to 1962, and formerly red lined neighborhoods are sites of deep racial disparities in home value and lending activity,” according to Kamala Harris’ campaign website.
She made the announcement after recent polls showed Harris gaining on presidential front-runner Joe Biden after she accused him of being a racist because he worked with segregationist Democrats many years ago.
Harris was heavily mocked on Twitter for pandering to black voters and pointed out that Harris’ ancestors in Jamaica owned slaves many years ago.
One user noted: “Her Jamaican family descendants were slave owners… The historical accounts are so detailed that should Kamala Harris want to search out the families of the people her relative reportedly tortured, she would probably be able to find them, and pay reparations to them herself.”
“Just how much of our money do you plan to spend to buy the presidency?”Another user asked.
Just how much of our money do you plan to spend to buy the presidency ?
— Bill Piascik (@billpia17) July 7, 2019
“Translation: lower standards for black people because I don’t believe they can succeed without me stacking the deck for them in exchange for their votes.”Another tweet said.