Why is this being allowed?
Answer by SuperChicken at 1:25 PM on Dec. 10, 2010
Answer by Anonymous at 3:46 PM on Dec. 10, 2010
Answer by itsmesteph11 at 4:42 PM on Dec. 10, 2010
The initial settlement dates from the Clinton administration, when it was estimated that two to three thousand potential claims might ensue under Track A, which provided for liquidated damages of $50,000 each. Over 22,000 claims were filed; 13,348 of those claims were actually approved.
Pigford took on new life when the Democrats took over Congress in 2006. A new claim period was established because of allegations that tens of thousands of black farmers did not have the opportunity to file claims during the initial settlement period.
Answer by LoriKeet at 4:43 PM on Dec. 10, 2010
Filed or paid?
Answer by sweet-a-kins at 5:35 PM on Dec. 10, 2010
If Congress didn't plan on PAYING for all of these (fraudulent) claims, they wouldn't have recently passed a $4.6 BILLION dollar settlement!! remember there were only SUPPOSED to be around 3000 claims filed at $50,000 a piece.
Correct me if I'm wrong, but my "fuzzy math" skills are having a tough time calculating how approximately a $150 MILLION dollar settlement turns into a MULTI-BILLION dollar settlement?!?!?
Things that make you go hmmmmm......
Answer by LoriKeet at 5:53 PM on Dec. 10, 2010