The speech is part of an effort to build support in black and brown communities.
, will continue efforts to build support in black and brown communities with a speech on racial wealth disparities -- and an acknowledgement of his own white privilege -- in Tulsa, Oklahoma, on the Sunday of Martin Luther King, Jr., weekend.
Democratic presidential candidate Mike Bloomberg greets supporters at the end of his campaign event "Women for Mike" in New York, Jan. 15, 2020.He could not have built his business or enjoyed the same success under the conditions facing black Americans, Bloomberg will say -- and that as he built his fortune, he was still aware that it was within a socioeconomic framework meant to gird him from exploitation -- a luxury others did not have.
"What happened during that period was part of a continuum of violence that black Americans faced -- even after the end of slavery -- violence that denied them their lives, their liberty and their pursuit of happiness, the cornerstones of the American dream," the former New York mayor will say. The mayor’s stance on reparations, according to his campaign, begins and ends with his support for the House bill that most Democratic candidates are behind, which calls for a study to learn more about the possible impacts and methods of implementing reparations.
Democratic Presidential candidate Michael Bloomberg waits to be introduced to a crowd of community members and elected officials, Jan. 3, 2020, in Fayetteville, N.C. By comparison, the candidates who have housing plans largely focus on funds to build new housing, including Sen. Elizabeth Warren, D-Mass., whose plan would cost $500 billion, South Bend, Indiana, Mayor Pete Buttigieg, whose plan calls for around $430 billion, and Sen. Bernie Sanders, D-Vt.,whose plan calls for $2.5 trillion.
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