Reparations for Black Americans

In a turn of recent events, and as a result of the Black Lives Matter movement, the California Assembly passed the Assembly Constitutional Amendment-5 (ACA5). The purpose of this is to repeal Proposition 209 and effectively terminate California Constitution Article 1 Section 31 in order to give preferential treatment to Black Americans for racial injustices suffered since the British East India Company transported African American slaves across the Atlantic from Central and West Africa to the British North American Colonies some 500 years ago.

What this bill would do is create a panel to study how reparations could be implemented statewide. A similar bill, H.R. 40, was introduced in the House of Representatives by House Democrats. HR-40 would also commission a panel for the exact same purpose as California's ACA-5 in repairing relations with Black Americans nationwide.

Historically, however, able-bodied African Americans were sold by their own flesh and blood from Central and West African countries for some goodies a few hundred years ago, many of whom were sold to the British East India Company before being sold to Spaniards under the Asiento de Negros Contract, the Utrecht Treaty of 1713, etc. In fact, slavery still exists in Africa today with Africans enslaving each other.

Ultimately, the British Crown was the greatest beneficiary of the Trans-Atlantic Slave Trade and the United States has also been in debt to the Crown since the French-Indian War. The American Revolution started over a disputed war debt owed to the Crown and the war only came to an end when the colonies agreed to repay the long-disputed war debt in the Paris Treaty of 1783.

Excerpt from Wikipedia

As a side note, Scottish debtors to the Crown were also used to populate the colonies in order to repay their outstanding debts giving rise to the term "Scot-free." Since "debtors are slave to their lenders" these Scots were provided "freedom" only under certain terms provided by their creditor leaving them debt-free in a land where they first arrived as debt slaves.