“The checks, if any, will be of minimal value. “
I was thinking that as well. Along the line of payouts for class action lawsuits. You get like 1-2% of what you hope you will get. If that.
Yeah, and john ‘for the people’ morgan will get the rest. :-)
BBQToadRibs2 wrote: “I was thinking that as well. Along the line of payouts for class action lawsuits. You get like 1-2% of what you hope you will get. If that.”
There were two reasons for small direct payments. First, was the recognition that giving money directly would be wasted. Second, was the realization that giving each recipient $40K (
a commonly talked about value) would create intense resentment. Imagine the reaction among those who would have to pay the reparations.
Then, there was the idea that the money would be spent more wisely by community organizers on the behalf of the recipients.
Remember Erin Brockovitch (not too sure about the spelling)?
She and the lawyers made out like bandits with billions of dollars while each person in that town received a check for $6.00.