Redistribution and reparations….

on July 28, 2010 in Main, Comments

Redistribution or Reparations???

http://en.wikipedia.org/wiki/Pigford_v._Glickman

“Pigford v. Glickman was a class action lawsuit against the United
States #Department-of-Agriculture (the “USDA”), alleging racial
discrimination in its allocation of farm loans and assistance between
1983 and 1997. The lawsuit ended with a settlement in which the U.S.
government agreed to pay African American farmers US$50,000 each if they
had attempted to get #USDA help but failed. To date, almost US$1 billion
has been paid or credited to the farmers under the settlement’s consent
decree.”

$1billion dollars handed out, if each was a $50,000 payment === 20,000
payments plus a payment to a some sort of a #collective farm that Mr and
Mrs. Sherrod were connected with.If you start to look deeper into this,
you’ll discover that it is another #redistribution back door #welfare
type scam, like the #Fannie-Mae and Freddie Mac subprime scam, The
subprime was also from law suits over what was called redlining and
Obama as a lawyer sued banks over minorities not getting home loans.
That was what created a large market for “subprime mortgages” that
eventually crashed and burned, and since the subprime loans were mixed
with better loans to offset the *high risk* of subprime the whole market
collapsed along with the subprime loans. The #subprime scam was to get
loans to “minorities” and this #Pigford scam is just another back door
#welfare redistribution scam. Instead of loans that couldn’t be paid
back it was simply cash from the government that was handed out.

The woman(Mrs. Sherrod) that Obama fired at the USDA was involved in the
USDA law suit and you’ll notice if you watch the full 45 minute speech
she made at the #NAACP that Mrs. Sherrod was trying to get the NAACP
members to realize that better than racially hating and discriminating
againts the white farmer (like she had done), she said
it is better to help them and to bleed them economically with taxes and
redistribution(reparations) with this type of back door #Socialist
redistribution. That is what she said to NAACP members.

http://en.wikipedia.org/wiki/Resignation_of_Shirley_Sherrod

” In 1969, Sherrod co-founded New Communities Inc., a communal farm
project that was to be modeled on kibbutzim in Israel.[57][55]. Located
in Lee County, Georgia, the 6,000-acre project was then the largest
tract of black-owned land in the country.[57] The project soon
encountered difficulties in the opposition of area white farmers, who
accused participants of being communists,[55] and also from
segregationist Governor Lester Maddox, who prevented development funds
for the project from entering the state.[57] A drought in the 1970s and
the inability to get government loans ultimately led to the project’s
demise in 1985.[55] Sherrod went on to work with the Federation of
Southern Cooperatives, to help black farmers keep their land.[55][56]
She and her husband lost their farm when they were unable to secure USDA
loans.[56] #Sherrod along with other activists sued the USDA in Pigford
v. Glickman in order to protect the remaining black farms which were in
danger of becoming shut down. The Department agreed to compensation
which was to be paid between January 1, 1981 and December 31, 1999.[55]
The event was considered as “the largest civil rights settlement in
history, with nearly $1 billion being paid to more than 16,000
victims.”[55] A bill was passed in 2008 to allow another 70,000 more
potential claimants to qualify.[55] Sherrod was hired by the USDA in
August 2009 as the Georgia director of rural development, becoming the
first black person to hold that position.[55]

“The *Progressive-Socialist plans and BACK DOOR redistribution* projects
are like a cancer in the Federal Government and are bleeding America to
death. The more I look into this the more it has the same footprint as the
Subprime mortgage back-door welfare style of Socialist #redistribution.

DAMNED IF YOU DO AND DAMNED IF YOU DON”T the bankers lost money making
subprime loans to minorities/poor people, and the USDA was sued for NOT
making risky loans that would lose billions. No matter what you do,
under these government rules, you lose money if you are loaning money.