(Mark Pellin, Headline USA) Critical Race Theory huckster Ibram X. Kendi is facing a critical financial crisis with crippling budget cuts to one of his antiracism schemes.
The money crunch is set sink at least 15 of 20 staffers at the Kendi-led Center for Antiracist Research at Boston University, according to a person familiar with the situation, Semafor reported Thursday. Money for salaried staffers who are slated to be laid off later this year was shuffled to line the pockets of “visiting scholars who are already employed.”
Kendi is one of the leading radical activists who helped foment CRT dogma and its communist cornerstones, pushing it into classrooms across the country. His antiracism center’s financial woes mirror the monetary collapse of Black Lives Matter, which like Kendi used the race riots that erupted with violent protests in 2020 to bankroll their enterprises.
After blowing through millions to fund lavish lifestyles for its founders, Black Lives Matter Global Network Foundation last year sunk $8.5 million into the red.
Along with the value of the group’s investment accounts plunging nearly $10 million, BLM’s fundraising took an 88% nosedive from the previous year after it was forced to shutter its online shilling because of compliancy and transparency issues.
None of that stopped the activist group from spending upwards of $12 million for mansions in Los Angeles and Toronto, along with paying more than $10.5 million on contractors tied to founder Patrisse Cullors.
Similarly, despite the financial tumult at Boston University and its Center for Antiracist Research, Kendi will remain at the helm as the center is “evolving to a fellowship model” with details on the “new direction” to follow, according to Boston University spokesman Colin Riley, who confirmed the layoffs, Semafor reported.
While Kendi remains flush, his Center and BU remain “committed to working with and supporting affected employees as they look for their next opportunities,” the university’s spokesman assured.
Mark Pellin is an editor at Headline USA. Follow him at twitter.com/sabrepaw70.
