And the Reparations Begin

[Thinker101]

What happens when you mix toxic critical race theory with progressive economics? Thanks to Slow Joe Biden, we may soon find out.

Under Democratic leadership, the federal government is rolling out numerous race-based economic initiatives that explicitly dole out taxpayer money along racially discriminatory lines. Here are four examples, as identified by Wisconsin Institute for Law and Liberty attorney Dan Lennington.

• A nearly $10 billion Treasury Department mortgage-assistance initiative plans explicitly to favor “socially disadvantaged individuals,” essentially defined as nonwhite people, in assigning the funds.
• A $1 billion Department of Agriculture initiative targeting “socially disadvantaged farmers” would specifically dole out taxpayer money “based on race and ethnicity.”
• Another USDA program would spend up to $400 million to buy food from “local, regional, and socially disadvantaged farmers,” with “socially disadvantaged” once again basically standing in for “non-white.”
• A $10 billion Small Business Administration credit program intends to emphasize funding businesses with nonwhite ownership.

Four Biden proposals would dole out taxpayer money based on critical race theory

 

[georgephillip]

A nearly $10 billion Treasury Department mortgage-assistance initiative plans explicitly to favor “socially disadvantaged individuals,” essentially defined as nonwhite people, in assigning the funds.

Non-whites have been systematically discriminated against when it comes to the most important aspect of wealth acquisition, namely buying their own homes. Why shouldn't the victims of that crime be compensated for state sponsored segregation?

"In 1933, faced with a housing shortage, the federal government began a program explicitly designed to increase — and segregate — America's housing stock.

"Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a 'state-sponsored system of segregation.'"

 

[BrokeLoser]

A nearly $10 billion Treasury Department mortgage-assistance initiative plans explicitly to favor “socially disadvantaged individuals,” essentially defined as nonwhite people, in assigning the funds.

Non-whites have been systematically discriminated against when it comes to the most important aspect of wealth acquisition, namely buying their own homes. Why shouldn't the victims of that crime be compensated for state sponsored segregation?

"In 1933, faced with a housing shortage, the federal government began a program explicitly designed to increase — and segregate — America's housing stock.

"Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a 'state-sponsored system of segregation.'"

BlowJob Billy Clinton crashed the economy by ordering banks to loan money to dark people....hahaha...WTF do you live under a rock?

Clinton Housing Policy Wrecked Economy, Not 1%

Election '16: With typical gall, Hillary Clinton in her campaign launch lit into "those at the top" for "stacking" the deck against middle-class families when in fact they are buried... Read More

www.investors.com

 

[BluesLegend]

This money will find its way to friends of Dems who kick back money into Dem campaign coffers, bank on it.

 

[georgephillip]

BlowJob Billy Clinton crashed the economy by ordering banks to loan money to dark people....hahaha...WTF do you live under a rock?

I was responding to the OP's lament that reparations are in the works for the victims of state sponsored segregation:

"Rothstein's new book, The Color of Law, examines the local, state and federal housing policies that mandated segregation.

"He notes that the Federal Housing Administration, which was established in 1934, furthered the segregation efforts by refusing to insure mortgages in and near African-American neighborhoods — a policy known as 'redlining.'

"At the same time, the FHA was subsidizing builders who were mass-producing entire subdivisions for whites — with the requirement that none of the homes be sold to African-Americans."

 

[bripat9643]

What happens when you mix toxic critical race theory with progressive economics? Thanks to Slow Joe Biden, we may soon find out.

Under Democratic leadership, the federal government is rolling out numerous race-based economic initiatives that explicitly dole out taxpayer money along racially discriminatory lines. Here are four examples, as identified by Wisconsin Institute for Law and Liberty attorney Dan Lennington.

• A nearly $10 billion Treasury Department mortgage-assistance initiative plans explicitly to favor “socially disadvantaged individuals,” essentially defined as nonwhite people, in assigning the funds.
• A $1 billion Department of Agriculture initiative targeting “socially disadvantaged farmers” would specifically dole out taxpayer money “based on race and ethnicity.”
• Another USDA program would spend up to $400 million to buy food from “local, regional, and socially disadvantaged farmers,” with “socially disadvantaged” once again basically standing in for “non-white.”
• A $10 billion Small Business Administration credit program intends to emphasize funding businesses with nonwhite ownership.

Four Biden proposals would dole out taxpayer money based on critical race theory

They are all explicitely unconstitutional

 

[WTF19]

judges told xiden to go change its depends....and now all of these unconstitutional laws are not going forward

 

[Quasar44]

Should Jews demand billions in reparations for being denied access to Ivy League schools and being treated like dogs in Miami

 

[BrokeLoser]

BlowJob Billy Clinton crashed the economy by ordering banks to loan money to dark people....hahaha...WTF do you live under a rock?

I was responding to the OP's lament that reparations are in the works for the victims of state sponsored segregation:

"Rothstein's new book, The Color of Law, examines the local, state and federal housing policies that mandated segregation.

"He notes that the Federal Housing Administration, which was established in 1934, furthered the segregation efforts by refusing to insure mortgages in and near African-American neighborhoods — a policy known as 'redlining.'

"At the same time, the FHA was subsidizing builders who were mass-producing entire subdivisions for whites — with the requirement that none of the homes be sold to African-Americans."

That was a good call by FHA....Dark people couldn’t be responsible borrowers back then...and they still aren’t...Weird huh?

 

[georgephillip]

That was a good call by FHA....Dark people couldn’t be responsible borrowers back then...and they still aren’t...Weird huh?

Weird or ignorant?



"African-American families that were prohibited from buying homes in the suburbs in the 1940s and '50s and even into the '60s, by the Federal Housing Administration, gained none of the equity appreciation that whites gained.

"So ... the Daly City development south of San Francisco or Levittown or any of the others in between across the country, those homes in the late 1940s and 1950s sold for about twice national median income.

"They were affordable to working-class families with an FHA or VA mortgage. African-Americans were equally able to afford those homes as whites but were prohibited from buying them.

"Today those homes sell for $300,000 [or] $400,000 at the minimum, six, eight times national median income. .."

 

[BrokeLoser]

That was a good call by FHA....Dark people couldn’t be responsible borrowers back then...and they still aren’t...Weird huh?

Weird or ignorant?



"African-American families that were prohibited from buying homes in the suburbs in the 1940s and '50s and even into the '60s, by the Federal Housing Administration, gained none of the equity appreciation that whites gained.

"So ... the Daly City development south of San Francisco or Levittown or any of the others in between across the country, those homes in the late 1940s and 1950s sold for about twice national median income.

"They were affordable to working-class families with an FHA or VA mortgage. African-Americans were equally able to afford those homes as whites but were prohibited from buying them.

"Today those homes sell for $300,000 [or] $400,000 at the minimum, six, eight times national median income. .."

Banks didn’t trust dark people...they weren’t cemented in American society at that time..they weren’t credible borrowers. So what

 

[Thinker101]

Brilliant plan, georgie wants to be racist for something he felt was racist 80-90 years ago...that way 80-90 years from now reparations can be made again for being racist today....just fricken brilliant.

 

[Obiwan]

A nearly $10 billion Treasury Department mortgage-assistance initiative plans explicitly to favor “socially disadvantaged individuals,” essentially defined as nonwhite people, in assigning the funds.

Non-whites have been systematically discriminated against when it comes to the most important aspect of wealth acquisition, namely buying their own homes. Why shouldn't the victims of that crime be compensated for state sponsored segregation?

"In 1933, faced with a housing shortage, the federal government began a program explicitly designed to increase — and segregate — America's housing stock.

"Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a 'state-sponsored system of segregation.'"

Well, FDR was a Democrat, so what did you expect????

Democrats have a long history of trying to hold blacks down.....

 

[easyt65]

A nearly $10 billion Treasury Department mortgage-assistance initiative plans explicitly to favor “socially disadvantaged individuals,” essentially defined as nonwhite people, in assigning the funds.

Non-whites have been systematically discriminated against when it comes to the most important aspect of wealth acquisition, namely buying their own homes. Why shouldn't the victims of that crime be compensated for state sponsored segregation?

"In 1933, faced with a housing shortage, the federal government began a program explicitly designed to increase — and segregate — America's housing stock.

"Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a 'state-sponsored system of segregation.'"

Because there are no 'victims' of slavery alive, because life sucks & nothing is free, because blacks need to STOP BLAMING EVERYONE ELSE FOR THEIR PROBLEMS.

HERE ARE A FEW SUGGESTIONS:

1. IF BLM, STOP THE BLACK ON BLACK CRIME - STOP KILLING EACH OTHER

2. IF BLM, STOP KILLING BABIES - You're making Margaret Sanger proud

3. STOP BEING DUPES TO THE DEMICRATS - REJECT THEIR PLANTATION AND THEIR POLICIES OF ECONIMIC SLAVERY
- After 100 years of voting/ supporting Democrats nothing has changed for them....insanity is doing the same thing over and over & expecting different results.

Under Trump minorities had the lowest unemployment rate in US history, millions were off welfare/food stamps, etc.... in less than a year Democrats used the virus to wipe out 50% of all existing minority-owned small businesses, erased all gains they had made, and sent the millions back to dependency on the plantation

4. Understand that Democrats are manipulating & using blacks as foot soldiers and domestic terrorists to push this curre t Marxist take-over & the US & once Marxism / Socialism is the new law there is no 'power/success sharing, no place for anyone to succeed except the tyrannical traitors who will make themselves rulers.

Look at Venezuels, China....people who fled these places are now here warning us that is where the sell out Democrats are taking us

Reparations? For what? Being victims of their own bad choices?

And everyone, especially the politicians need wake the f* up - we are not 'broke' - we would have to pay off about $30 TRILLION in debt to be 'broke'.

We have zero dollars for infrastructure, for reparations, or anything else. They are playing with 'Monopoly Money' mentality.

 

[georgephillip]

Banks didn’t trust dark people...they weren’t cemented in American society at that time..they weren’t credible borrowers. So what

Who sold you that Big Lie?

Tulsa's 'Black Wall Street' Flourished as a Self-Contained Hub in Early 1900s

"Greenwood was home to far less affluent African Americans as well.

"A significant number still worked in menial jobs, such as janitors, dishwashers, porters, and domestics.

"The money they earned outside of Greenwood was spent within the district.

"'It is said within Greenwood every dollar would change hands 19 times before it left the community,' said Place."

 

[georgephillip]

Brilliant plan, georgie wants to be racist for something he felt was racist 80-90 years ago...that way 80-90 years from now reparations can be made again for being racist today....just fricken brilliant.

There's nothing racist about reparations, "Thinker."

White supremacy is still a guiding principle in the USA as proven by the current hysterical right-wing apoplexy over critical race theory.

Your lily-white WHINING about a $10 billion Treasury Department mortgage assistance plan explicitly designed to atone for decades of state-sponsored racial discrimination proves how little things have changed for ethically challenged conservatives in this country.

 

[Thinker101]

Brilliant plan, georgie wants to be racist for something he felt was racist 80-90 years ago...that way 80-90 years from now reparations can be made again for being racist today....just fricken brilliant.

There's nothing racist about reparations, "Thinker."

White supremacy is still a guiding principle in the USA as proven by the current hysterical right-wing apoplexy over critical race theory.

Your lily-white WHINING about a $10 billion Treasury Department mortgage assistance plan explicitly designed to atone for decades of state-sponsored racial discrimination proves how little things have changed for ethically challenged conservatives in this country.

No kidding "Georgie", everyone that disagrees with your BS must be "lily-white". You racist POS.

 

[OKTexas]

That was a good call by FHA....Dark people couldn’t be responsible borrowers back then...and they still aren’t...Weird huh?

Weird or ignorant?



"African-American families that were prohibited from buying homes in the suburbs in the 1940s and '50s and even into the '60s, by the Federal Housing Administration, gained none of the equity appreciation that whites gained.

"So ... the Daly City development south of San Francisco or Levittown or any of the others in between across the country, those homes in the late 1940s and 1950s sold for about twice national median income.

"They were affordable to working-class families with an FHA or VA mortgage. African-Americans were equally able to afford those homes as whites but were prohibited from buying them.

"Today those homes sell for $300,000 [or] $400,000 at the minimum, six, eight times national median income. .."

Their math doesn't add up since todays median income is $79.900.

https://www.huduser.gov/portal/datasets/il/il21/Medians2021.pdf

.

 

[georgephillip]

Well, FDR was a Democrat, so what did you expect????

Democrats have a long history of trying to hold blacks down.....

FDR was handicapped by racist southern conservatives within his party
Dixiecrat - Wikipedia

Where did all those crackers go?

 

[georgephillip]

No kidding "Georgie", everyone that disagrees with your BS must be "lily-white". You racist POS.

Criticizing racist crackers is not racist; it's reparations.