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Anti White Discrimination Lawsuits Pay Out Huge Jackpots Easier Than Lottery
Posted on 08/28/2013 2:52:12 PM PDT by joeclarke
And, the odds are much better in discrimination lawsuits.
Most everyone has heard of the Pigford Case, where over 18,000 black "farmers" (even those who farmed no more than a potted plant) were offered up to $62,000 each from a class action lawsuit via President Obama's signature. Without a whole lot of evidence, it was determined that the U.S. Department of Agriculture discriminated against minorities when implementing certain farmer financing programs.
These sort of stories are reminiscent of the infamous New York "Ghost Riders," - people who would jump on buses involved in accidents - after the accidents, and, thereby, were eligible for insurance claim payouts.
Now, Merill Lynch, which few people have great sympathy for, has caved in to a class action lawsuit initiated by 700 black stock brokers, who, may have been, discriminated against, because, possibly, white clients of stock brokers preferred white brokers over the black. The case was appealed to the Supreme Court, but the Supremes refused to hear it. Now Merrill Lynch has decided to settle and must payout $160,000,000 to about 700 current and retired black stock brokers. It has been very hard to find any actual evidence of said discrimination, but Merrill Lynch, loaded to the gills, has surrendered to the allegations, probably to avoid bad publicity.
Indeed, the thousands of racial discrimination lawsuits in the past 50 years, especially against city,state, county, and federal entities, have paid off African Americans much better than the lotteries.
TOPICS: Government; Politics; Society
KEYWORDS: discrimination; lawsuits
posted on 08/28/2013 2:52:12 PM PDT
Peter Schiff has excellent commentary on this,today,on his SchiffRadio.Com radio program which can be downloaded on site. Radio show 8/28/2013
posted on 08/28/2013 2:56:15 PM PDT
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