CNN.com--The latest news about the settlement loan for African American farmers will finally break-free after long years of waiting. This has been a hot issue for the previous months when the moment of remembering how those Black farmers were denied to avail some settlement loan and were just being deceived by the U.S. Department of Agriculture who promised to give back what they have yearned for.
By Wednesday, all these Black farmers will be given what is due to them. It was delivered by the White House that President Barrack Obama will certainly signed the bill which consist of all the payments for royalties and the loans which these farmers have been dreaming for since the time they were mistreated by the federal administrator over decades ago.
The money given according to the Claims Resolution Act of 2010 will be $4.6 billion. A sufficient amount to put back whatever the Black farmers have lost since the time they had filed their complaints. Some of its amount will be given to the African American farmer, more or less, $1.2 billion. The remaining $3.4 billion will be awarded to the American Indians as payment for royalties of sources.
Many Black farmers were happy now that they have reaped what they sowed, however, some also felt so sorry and sad that many of their comrades who have been fighting for this moment to come have already passed away and were not able to enjoy what they have gotten now.
Posted By: Siebra Muhammad
Tuesday, December 7th 2010 at 12:19PM
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