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Open Thread | Main | lulz: Vox Lays Off 72 "People"
July 17, 2020

Bank of America Pledges 1 Billion Dollars... to Black Lives Matter

Okay, they're not pledging it directly to Black Lives Matter, but to "minority communities" to offset "racial injustice," but we all know Black Lives Matter will be taking their Grifter Cut.

Bank of America has pledged $1 billion over four years in an effort to help businesses recover from the coronavirus-induced recession, with an emphasis on those owned and operated by people of color.

In a press release, the bank said that the funding will largely go toward facilitating economic mobility and development programs, while adding an emphasis on health services as the pandemic drags on. Areas of focus for the funding will include health, job training, reskilling (teach someone how to do a new job) and upskilling (teaching someone new skills to help them in their current job), small business support and housing aid.

"Underlying economic and social disparities that exist have accelerated and intensified during the global pandemic," said Bank of America CEO Brian Moynihan in the statement. "The events of the past week have created a sense of true urgency that has arisen across our nation, particularly in view of the racial injustices we have seen in the communities where we work and live. We all need to do more."

Where is Leland when you need him.

And now, we sit back and await the Paid Whores of Conservative, Inc. explain to us why this is all good and proper and why we should endlessly defer to our leftwing corporate overlords.


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posted by Ace at 02:32 PM

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