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| The Justice for Black Farmers Act, Booker, Warren, Gillibrand (Page 1/4) |
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maryjane
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FEB 25, 01:01 PM
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This is an act proposed by the 3 D senators listed in the title, that proposes to purchase land, and give it to black farmers or black prospective farmers. (the govt will train 'em to be farmers)
It has some pretty generous provisions within the bill.
The only 'good' thing I saw in the first few sections was that the land would be devoted solely to agriculture "in perpetuity".
(I did not read the whole thing)
It will be expensive to the taxpayer tho. Administration cost of the program oversight alone would be $30 million over the next 10 years, and an additional $8 billion to acquire the land.
"(f) (program administration) FUNDING.—There is authorized to be appropriated, and there is appropriated, out of amounts in the Treasury not otherwise appropriated, $10,000,000 for each of fiscal years 2021 through 2030 to carry out this (administration) section."
(g) (land acquisition and grants)FUNDING.—There is authorized to be appropriated, and there is appropriated, out of amounts in the Treasury not otherwise appropriated, $8,000,000,000 for each of fiscal years 2021 through 2030 to carry out this section.
In addition, there is a section to make interest free loans for farm/ranch operation, and the govt can (and probably will) defer loan payments for the first 24 months of the loan period.
(2) SOCIALLY DISADVANTAGED FARMERS AND RANCHERS.—During the 5-year period beginning on the date of enactment of this Act, any socially disadvantaged farmer or rancher shall be eligible for a direct operating loan under subtitle B of the Consolidated Farm and Rural Development Act (7 21 U.S.C. 1941 et seq.), notwithstanding any borrower eligibility requirements under subparagraph (B) or (D) of section 311(a)(1) of that Act (7 U.S.C. 24 1941(a)(1)) for such a loan.
(3) INTEREST AND DEFERMENT.—In the case of an operating loan under paragraph (1) or (2)— 3 (A) the interest rate shall be zero percent 4 for the first 7 years of the term of the loan; and (B) the Secretary of Agriculture shall defer 6 payments for the first 24 months.
(b) SINGLE FAMILY HOME MORTGAGES.—Beginning on the date of conveyance of a land grant under section 9 203(a)(2), the eligible Black individual that receives the land grant shall be eligible for a direct loan under section 502 of the Housing Act of 1949 (42 U.S.C. 1472), notwithstanding any borrower eligibility requirements for such a loan, for the construction or improvement of a single family home on the conveyed land.
https://www.booker.senate.g...of%202020%20Bill.pdf
(I suspect, that federal lawsuits will be filed sooner or later questioning the discriminatory/constitutional aspects of this act, in that Mexicans, Puerto Ricans, Italians, and Asians are not included)
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MidEngineManiac
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FEB 25, 02:17 PM
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Just because that idea is working out SOOOOOO well in South Africa. 
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williegoat
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FEB 25, 02:32 PM
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Jake_Dragon
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FEB 25, 05:27 PM
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Is skin color the only qualification?
What happens when a person that is selected fails?
I see this blowing up, farming is hard work. You can't teach someone the fortitude work the land, they either have it or they don't.
That is why I learned how to weld and stayed out of the agriculture classes.
Edit: Sounds more like a money laundering program.[This message has been edited by Jake_Dragon (edited 02-25-2021).]
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maryjane
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FEB 25, 05:40 PM
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I know where the black farmers and black wannabe farmers can get land.
Bill Gates (and his Bill & Belinda Foundation/Cascade ) owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found.
https://landreport.com/2021...-top-farmland-owner/
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maryjane
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FEB 25, 05:43 PM
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| quote | Originally posted by Jake_Dragon:
Is skin color the only qualification?
What happens when a person that is selected fails?
I see this blowing up, farming is hard work. You can't teach someone the fortitude work the land, they either have it or they don't.
That is why I learned how to weld and stayed out of the algaculture classes.
Edit: Sounds more like a money laundering program.
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Your school taught people how to raise algae?
Why?[This message has been edited by maryjane (edited 02-25-2021).]
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Jake_Dragon
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FEB 25, 06:49 PM
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| quote | Originally posted by maryjane:
Your school taught people how to raise algae?
Why?
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LOL fixed it.
Not a lot of pond scum in Ohio.
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sourmash
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FEB 25, 07:16 PM
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In the age of identifying as anything you want, we can all be Black and get some gibs, right?
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blackrams
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FEB 25, 08:46 PM
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IIRC from a college course, about 80% of all black Americans have some European or white ancestry or heritage in their back ground and about 20% of whites have some black ancestry or heritage in their back ground. I wonder if one will have to prove their blackness?
Ancestry.Com should be lighting up soon. 
Rams
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blackrams
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FEB 25, 08:50 PM
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| quote | Originally posted by maryjane:
I know where the black farmers and black wannabe farmers can get land.
Bill Gates (and his Bill & Belinda Foundation/Cascade ) owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found.
https://landreport.com/2021...-top-farmland-owner/ |
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Wasn't aware Bill was selling any acreage..........
But, I am interested to know what's on the one acre in New Mexico.... I question whether or not it's "Farm Ground"........
Rams[This message has been edited by blackrams (edited 02-25-2021).]
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