1. Bill to Guarantee Black Opportunity and Representation.
Adopt a plan of “Neo-Reconstruction” to redress past wrongs systematically imposed on
Black Americans economically throughout many generations that has resulted in a
“wealth gap” where the average White family has 10x the wealth of a Black Family. In
addition to some of the economic initiatives listed below, also formally apologize to
Black Americans for past discrimination and slavery. Additionally Black opportunity and
representation will include: Affirmative Action in schools public and private; per student
funding in states on an equal basis instead of paid by local property taxes; Black
representation on all government civil rights bodies; civil rights classes mandatory in
elementary schools; Gerrymandering reform; additional polling places in Black and
minority neighborhoods; Juneteenth to become a Federal holiday.
2. Bank Lending Reform.
Bank lending will be regulated to require banks to lend a percentage of all loan and
credit categories on an equal basis to the Black population each Bank serves. However,
the minimum threshold must yearly meet the percentage equal to the national Black
population (currently approximately 13.4%). Rates on Black loans federally and from
banks to be same average rates as Whites.

3. Federal Funding of “Baby Bonds”.
Pass federal program providing every child with a government funded trust account at
birth starting with a $1,000 contribution. As proposed by Senator Booker and
Representative Pressley, accounts to be managed by the Treasury and only those born into
lower-wealth families would receive more contributions each year up to $46,500 total. At
age 18 access to the funds allowed but use restricted to asset enhancing actions such as
buying homes, starting businesses and funding education.
4. Federal Reserve and Government Pensions.
For qualified Black Americans, Federal Reserve to allow a one-time interest free loan for
home ownership. The Fed to ensure Banks and institutions it oversees comply with Bank
Lending Reform. Fed to adopt Modern Monetary Theory with goal of Full Employment and
avoidance of Actual Inflation. Federal and State pension funds control over a trillion dollars.
They must allocate 13.4% of their investments into Black owned enterprises and businesses.
Venture Capital and Private Equity funds that take money public entities must invest 13.4% of
their total funds in Black owned businesses.
5. Finance Oversight.
A Banking Commission (or even a Cabinet or Sub-Cabinet post) will be set up to overlook and
report on Black and minority lending, housing ownership and mortgages, and enforcement of
items 2 and 3 above. Such authority will also oversee and audit federal programs such as
Economic Opportunity Zones and Community Reinvestment Act (CRA) to determine who is
benefiting from disbursement of such funds. Will provide for a transparent reporting
mechanism for abuses to economic programs designed to benefit communities in need.
6. Personal Data and Credit.
Most states publicly release bulk data about arrestees unchecked. Like the 1970 Fair Credit
Reporting Act regarding credit data, there must be guidelines regarding arrest records that
allow similar privacy and accuracy protections and the right to dispute and correct inaccurate
data. Credit services will be reformed to mandate consideration of individual consumer data
on rent, utility, cellphone, and other like bill payments.
7. Prison Reform.
Privately run prisons will be abolished, prison labor disallowed without consent, and
nonviolent offenders incarcerated for 10 years or longer will be freed if good behavior
standards met. All prisoners for marijuana possession freed. First offense for illegal drug use
or possession to require government payment for entry into an approved drug rehabilitation
program rather than imprisonment. Once any prisoner completes sentence, voting rights are
restored.
8. Judicial Reforms.
Eliminate mandatory minimums and three strike laws. The Civil Rights Division of the
Department of Justice reformed through stricter guidelines and greater oversight over police
departments. DOJ can be sued for non-compliance. Lynching to become a federal hate crime
and the Ku Klux Klan declared a terrorist organization.

9. Police Reform Act.
Police reforms will be implemented in an expansive act that will at minimum include:
Elimination of Qualified Immunity; requirement of mandatory malpractice insurance for
police officers; make municipalities liable for unconstitutional actions by police; mandatory
use of dashboard and body cams; elimination of chokeholds and “no-knock” warrants;
establishment of residency requirements, de-escalation training, and requirement to update
training; severe penalties for evidence tampering including withholding DNA. A federal
database of police and disciplinary records established and made public and once fired for
cause cannot be rehired. Creation of Office of Independent Prosecutors to solely focus on
prosecuting police accused of wrongdoing. Other reforms as listed in greater detail in the
Contract with Black America.
10. FCC Licensing of public airwaves.
Broadcast networks will be required to air Black produced content equal to 20% of the
total content on the network as measured by time.
11. Confederate Monuments and Institutions.
Elimination of all Confederate statues and uses or displays of Confederate flags on
government grounds or property with public access. Rename all streets, schools, public
structures, etc. named after Confederate soldiers or leaders. A memorial will be built in
Washington D.C. to victims of police excessive force.
12. AJP Program for Education and Jobs.
Adoption of AJP, A Public/Private program that provides access to jobs and education
and/or training for people willing to put in the work and commitment.
13. Black Responsibility.
Chronic poverty creates an atmosphere full of negativity, frustration, hopelessness,
depression, alcoholism, drug abuse, crime, and violence. These are some of conditions that
plague the Black Community which is dealing with extreme generational poverty. As we
begin to gain social and economic equality it is our duty to clean up ourselves and our
community. This contract is a 2-way street. As we gain social and economic equality, we
must begin to dissolve any bitterness in our hearts for past wrongs. We must become better
citizens who are more productive on all levels of American society. We really must step up
after we pass the Contract with Black America with no more excuses left in the kiddie. Our
entertainers should be persuaded to deliver more positive content that leads our youth to
make better choices in life. A new pride must develop with these new opportunities and we
must fight against negativity, frustration, hopelessness, depression, alcoholism, drug abuse,
crime, and violence.