Kamala Harris announces what amounts to a stealth reparations plan: $1.7 billion in "loans" that don't have to be repaid.

In a little-noted speech last week, VP Kamala Harris revealed that the federal government will be giving out gifts amounting to $1.7 billion dollars to “minority” businesses. This amounts to a stealth reparations plan, as the recipients likely will be predominantly Black. The Hill reports:

Vice President Harris on Monday announced $1.7 billion in grants for more than 600 community lenders to support small businesses, entrepreneurs, nonprofits, housing and commercial real estate as they seek to rebound from the coronavirus pandemic.
Harris announced the grants as part of the Treasury Department’s Community Development Financial Institutions Fund, saying that the loans will go to support local lending institutions that primarily serve minority communities, which may be hesitant to seek out a loan from a bigger bank. She said that the lenders will not need to pay back “not even a dollar of this investment,” and noting that the awards are grants, not loans.
“These banks predominantly do business in overlooked and underserved communities,” she said. “They know these communities. They understand these communities. And in particular, most importantly, they know and see the capacity of these communities.”

YouTube screengrab (cropped)

It is unclear where the money will come from, though there is still cash from Covid appropriations and the massive spending bills available.

Disguising the gifts, targeted on the basis of race, as loans that don’t have to be repaid is particularly obnoxious. What kind of lesson is it for budding entrepreneurs that you don’t have to repay money that you borrowed – because you have to approved racial identity?

The woke US Government supports 1000 such political / social-engineering schemes with printed, fiat money, and massive debt.

We can do this, because we hold the world’s reserve currency. Our debt and deficits get held (for now anyway) by the rest of the world.

To keep this going, we need to be SURE the world continues to use US dollars, in oil trade, in international settlement currency. We must eliminate competitors to it.

For example, this is why we destroyed Libya, invaded Iraq, sanction Iran - and are engaged in dangerous proxy war in Ukraine.

ERGO - we are engaged in war in Ukraine, to keep woke/leftist/racist political schemes funded here at home.

The dems know that they can’t give any money labeled “reparations” or the public will come out of its stupor and fight against it. So they give reparations but call it something different, knowing that the public isn’t bright enough to catch on.

So there won’t be any “reparations.” But there will be trillions of dollars seized from those who work productively and given to those who wake up at 10 AM from their drunken stupor and shoot themselves up with crack, and blame the hard-working people whose money they are enjoying.

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