Author Topic: Judge halts loan forgiveness program for farmers of color after lawsuit alleges it discriminates aga  (Read 837 times)

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Offline mystery-ak

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 Judge halts loan forgiveness program for farmers of color after lawsuit alleges it discriminates against white farmers
Associated Press 5 hrs ago
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MILWAUKEE (AP) — A federal judge has halted a loan forgiveness program for farmers of color in response to a lawsuit alleging the program discriminates against white farmers.

U.S. District Judge William Griesbach in Milwaukee issued a temporary restraining order Thursday suspending the program for socially disadvantaged farmers and ranchers, the Milwaukee Journal Sentinel reported.

The program pays up to 120% of direct or guaranteed farm loan balances for Black, American Indian, Hispanic, Asian American or Pacific Islander farmers. President Joe Biden’s administration created the loan forgiveness program as part of its COVID-19 pandemic relief plan.

Emily Newton, the lead attorney representing the U.S. Department of Agriculture in the lawsuit, didn’t immediately respond to an email Friday seeking comment on the restraining order.

Minority farmers have maintained for decades that they have been unfairly denied farm loans and other government assistance. Federal agriculture officials in 1999 and 2010 settled lawsuits from Black farmers accusing the agency of discriminating against them.

Conservative law firm Wisconsin Institute for Law and Liberty filed suit in April arguing white farmers aren’t eligible, amounting to a violation of their constitutional rights. The firm sued on behalf of 12 farmers from Wisconsin, Minnesota, South Dakota, Missouri, Iowa, Arkansas, Oregon and Kentucky.

https://www.msn.com/en-us/money/companies/judge-halts-loan-forgiveness-program-for-farmers-of-color-after-lawsuit-alleges-it-discriminates-against-white-farmers/ar-AAKX1f2?ocid=uxbndlbing
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Offline Smokin Joe

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If 'farmers of color' couldn't get loans, then why are we (yes, the taxpayers) paying the loans off?

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Offline IsailedawayfromFR

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This was more than loan forgiveness. 

It was cash to them as it was based upon 120% of loan.
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Offline sneakypete

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This was more than loan forgiveness. 

It was cash to them as it was based upon 120% of loan.

@IsailedawayfromFR


Wadda deal!
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Offline Sled Dog

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Minority farmers have maintained for decades that they have been unfairly denied farm loans and other government assistance.

Why do banks refuse to loan money to people? 

Are banks racist? 

No, banks are not racist, they only love one color, green.

What is the reason, then, that alleged POX would be more often denied loans than POPs?   Loan applications don't have a Skin Tone check box.

The reason is that after a review of the applicants financial history, the bank decides the applicant won't be able to repay the loan.  Nothing raycyst about this, it happens to Americans, too, and they don't run around whining that they're loans were denied because of their status of pallor.   Americans must be tougher than the POX.

So....anyhooo...banks deny people loans out of fear the money won't be repaid, regardless of skin color.

And now, what do we have here?

We have here a bunch of POX demanding that they shouldn't have to repay their loan, because they got their loan from a "raycyst" bank....which is wierd, because if the bank was as raycyst as the POX claimed, how'd they get the loan in the first place?

And what were the banks worried about, supposedly, in "discriminating" not on the basis of ability to pay, but on the strange basis of skin color?   They were allegedly worried the POX wouldn't repay the loan.

What are the POX now trying to do? 

Get out of repaying the loan.

But Americans will still have to pay back the loan, because the Chinese Virus is aware of their bank accounts, or something.

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