to Vilsack, they warned that, should debt relief move forward as planned,"the likely result will be less access to credit for those seeking USDA guaranteed loans in the future, including [socially disadvantaged] farmers/ranchers."
People of privilege pay off loans early every day without their banks complaining to the government and threatening to withhold future loans. But they aren't the Black farmers who financial institutions had hoped to keep in debt for the rest of their days.
Federation1967 When Trump was president, USDA gave almost 100 percent of self imposed trade war bailout to white farmers. Read article below:
Federation1967 Sad, that you have never heard of the Civil Rights Act of 1964. And, you also forgot the Pigford Settlement. Why don't you crawl out from under that Racist Rock and see the Light.
Federation1967 I guess the whole 'it isn't racist when we do it to white people' thing doesn't fly in a federal court.
Federation1967 Propaganda
Federation1967 If you think giving one group money based only on skin color, you are racist, no matter what that color is. Playing favorites is immature and not a solution for long term prosperity.
Federation1967 Isnt it racist to think Black farmers are unable to pay back their loans? Also how is it racist if they were approved for the loans in the first place?
Federation1967 Why do you people lie like this, so easily? That is not what happened at all. A pox on your houses.
Federation1967 This article is rightfully labeled an “opinion” based article. Just so everyone reading this doesn’t get the wrong idea from it. Shame on business insider for posting an opinion piece on this. People deserve facts not some writers bs opinion.
Federation1967 horrible
Federation1967 This is what we should be fighting for.