California Democrat Eric Garcetti said that George Soros’ Open Society Foundations has expressed interest in funding a Los Angeles reparations program.
The L.A. mayor made the statement after announcing that the L.A. Reparations Advisory Commission had been formed to develop “a pilot reparations program targeted at a cohort of Black Angelenos.”
“This year has shown us in some of the starkest possible terms that while America is a land of opportunity for some, it remains a place of injustice, inequality, and indignity for too many of our black brothers and sisters,” Garcetti remarked.
Garcetti also announced the formation of the National Coalition of Mayors Organized for Reparations and Equity, in which 11 big city mayors committed to establishing advisory commissions.
“It remains unequal for the descendants of those who were forced onto slave ships, uprooted from their lives, uprooted from their loves, stripped of their humanity and their dignity and their rights,” he stated the day after President Biden declared Juneteenth a national holiday.
He hopes that corporations will “begin to make some amends and to push this movement forward,” and said that Soro’s foundation is one of “many” private entities that would be willing to fund the venture as a way “to reckon with a complicity that we saw in American capitalism, slavery and post-slavery racism.”
Garcetti said that the commission will not review racism as a whole, but will “look specifically at reparations around where laws held back” Black L.A. resident’s ability to build wealth. “Exactly who would benefit from a local reparations program and how any financial compensation would be made are details the commission would have to decide,” he commented.
Join me live for the launch of the national Mayors Organized for Reparations and Equity (MORE), the largest-ever coalition of mayors committing to lead reparations pilots, targeted to Black Americans in our cities.https://t.co/danY5Ixd9C
— MayorOfLA (@MayorOfLA) June 18, 2021