Listen Live
CLOSE
0000 sharecroppers

Sharecropper boys in 1936 (Carly Mydans/Library of Congress)

Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole. by:By Ta-Nehisi Coates of The Atlantic

This is an article that I highly recommend you read intently. You will be informed and enlightened. If you’re not into buying magazines then you should definitely read it online. I have also included one of the videos from the webpage.

Some of the highlighted points in the article are:

  • “Some of the land taken from black families has become a country club in Virginia,” the AP reported.
  • From the 1930s through the 1960s, black people across the country were largely cut out of the legitimate home-mortgage market.
  • The devastating effects are cogently outlined by Melvin L. Oliver and Thomas M. Shapiro in their 1995 book, Black Wealth/White Wealth:

    Locked out of the greatest mass-based opportunity for wealth accumulation in American history, African Americans who desired and were able to afford home ownership found themselves consigned to central-city communities where their investments were affected by the “self-fulfilling prophecies” of the FHA appraisers: cut off from sources of new investment[,] their homes and communities deteriorated and lost value in comparison to those homes and communities that FHA appraisers deemed desirable.

  • Blacks were herded into the sights of unscrupulous lenders who took them for money and for sport.
  • A national real-estate association advised not to sell to “a colored man of means who was giving his children a college education.”
  • The past two decades have witnessed a rollback of the progressive legislation of the 1960s. Liberals have found themselves on the defensive. In 2008, when Barack Obama was a candidate for president, he was asked whether his daughters—Malia and Sasha—should benefit from affirmative action. He answered in the negative.

  • Black families making $100,000 typically live in the kinds of neighborhoods inhabited by white families making $30,000.
  • “Negro Poverty is not White Poverty” Lyndon B. Johnson

    Needless to say, this article brings a lot into perspective on the case for reparations. This is why I highly recommend you buy this issue of The Atlantic or read the full story here.