Say what?? $80 BILLION in funding for Black Lives Matter and associated causes?
Stunning. Astonishing. Staggering. Couldn’t be. Impossible.
Newsweek op-ed, March 15:
Americans Deserve To Know Who Funded BLM Riots
Today the Claremont Institute’s Center for the American Way of Life published the most comprehensive database to date tracking corporate contributions and pledges to the Black Lives Matter movement and related causes from 2020 to the present. Companies and corporations pledged or contributed an astonishing $82.9 billion to the BLM movement and related causes. This includes more than $123 million to the BLM parent organizations directly. These figures, while shocking, likely underrepresent the true magnitude of the shakedown as some companies failed to make known their contributions, and many BLM organizations remain unknown.
As a point of reference, $82.9 billion is more than the GDP of 46 African countries. In 2022, the Ford Motor Company's profits were $23 billion.
You can access the Claremont Institute’s massive database of contributors here (“BLM Funding Database”)
I see that JP Morgan Chase has committed $30 billion to associated causes, such as the creation of low-cost housing for “underserved communities.” So there may be some debate over the meaning of “associated causes.”
But you would think $80 billion is solving many problems of the underserved, who are definitely being SERVED with this money. However, you would be wrong, if you look at what’s happening in America’s inner cities. Crime, gangs, drugs are still high-profile features.
So where is all that money actually going?
A few things are clear: