![Michael Bloomberg speaks at the Vernon Chapel American Methodist Episcopal Church in Tulsa, Okla.](https://ibw21.org/wp-content/uploads/2020/01/bloomberg-proposes-multi-billion-dollar-initiative-for-black-americans-910x512-1.jpg)
By Shant Shahrigian — Mike Bloomberg took to the site of historic race riots in Tulsa, Okla., on Martin Luther King Jr. Day weekend to propose sweeping plans to redress the economic legacy of generations of discrimination against African Americans. In an initiative similar to calls for reparations for slavery, the Democratic presidential candidate proposed $70 billion in investment in the country’s “100 most…