Reparations

[dolf]

Lloyds of London, and the Greene King brewery and pub chain are making reparations.

Greene King, you could argue that this will be good for business, and some will claim it's nothing more than a publicity stunt.
Lloyds of London, however... I really don't see that it's the sort of business that would profit hugely from this. It's not a company that the public is likely to have direct dealings with.

 

[Conager]

Americans paid in blood, then added 20 trillion dollars in the "War in Poverty." Untold sacrifices by many that were discriminated against in affirmative action plans and minority set-aside contracts. We will add a few trillion more in lost property value and rebuilding costs for the latest race riots.

I do thnk Democrats should pay for what they have wrought. Maybe a poll tax on Democrats. They used to be big fans of poll taxes.

 

[dolf]

I'm assuming that the"war on poverty" was a taxpayer funded thing. If that's so, black America paid for that too, and it also benefitted the poor whites.

 

[Saint Peter]

Two choices

1) Pay out the cash. Keep treating people like shit.

2) Keep your money and stop treating people like shit.

Let the lawyers and accountants figure out the Right Thing to Do.

 

[dolf]

Two choices

1) Pay out the cash. Keep treating people like shit.

2) Keep your money and stop treating people like shit.

Let the lawyers and accountants figure out the Right Thing to Do.

They both released a statement saying that they planned to do both.

Like I said, i can't see the angle for Lloyds. Hopefully it really is genuine. But whether it's genuine or not, money is still money.

 

[Conager]

I'm assuming that the"war on poverty" was a taxpayer funded thing. If that's so, black America paid for that too, and it also benefitted the poor whites.

No. Over half of Americans receive more money from the government then they pay in. They pay less than zero in Federal taxes to support the welfare programs provided by the Feds. That would more whites than blacks, but proportionally blacks are more often wards of the State.

 

[dolf]

But wealthier BAME people would still have contributed to helping poor whites?

 

[toeskr]

But wealthier BAME people would still have contributed to helping poor whites?

Is there an app to decipher this drunk post?

 

[icanhelp1]

But wealthier BAME people would still have contributed to helping poor whites?

The money goes into the general fund, how its spent is the politicians flavor of the day and depending where the votes are. They don’t give two shits about the poor white or black, it’s about the progressive agenda and power.

 

[Ramone45]

If everyone promises to shut up, I might be willing to pay it.

 

[toeskr]

If everyone promises to shut up, I might be willing to pay it.

Neither one of you has any idea what she posted.

Make her explain.

 

[colddiesel]

Like I said, i can't see the angle for Lloyds. Hopefully it really is genuine. But whether it's genuine or not, money is still money.

They do business from all over the world but particularly from nations lacking highly developed insurance markets and underwriting skills. These less well off countries have frequently required that insurance of property and liability risks is either placed within those countries in the first instance, or a witholding tax is charged on any premium ceded overseas. because all business going to Lloyds has to go through an accredited broker (who is also frequently an overseas entity) it is very easy for third world countries and their leaders to intercept (and skim!) those very large cashflows.

Lloyds is clearly very determined to head off any accusations of racism as a lever in "regulating" their income.

If you want to know about reinsurance and captive markets then it gets really murkey.

 

[BrokenBarbie]

BAME = Black Asian Minority Ethnic communities...

 

[toeskr]

BAME = Black Asian Minority Ethnic communities...

I don't think that is it.

Mehbe wrong. Happened once before.

 

[BrokenBarbie]

I don't think that is it.

Mehbe wrong. Happened once before.

Context fits.

Who knows?

 

[toeskr]

They do business from all over the world but particularly from nations lacking highly developed insurance markets and underwriting skills. These less well off countries have frequently required that insurance of property and liability risks is either placed within those countries in the first instance, or a witholding tax is charged on any premium ceded overseas. because all business going to Lloyds has to go through an accredited broker (who is also frequently an overseas entity) it is very easy for third world countries and their leaders to intercept (and skim!) those very large cashflows.

Lloyds is clearly very determined to head off any accusations of racism as a lever in "regulating" their income.

If you want to know about reinsurance and captive markets then it gets really murkey.

Thank you great grandpa... blah, blah, blah. Can you translate the latest drunk post?

Thanks in advance.

 

[dolf]

BAME = Black Asian Minority Ethnic communities...

Black and minority ethnic. Close enough. It's the term most used here now, but that might be different outside the UK.

 

[icanhelp1]

Forced reparations in America would lead to massive civil disobedience and possibly a civil war. Companies that engage in that practice are fueling racism and racial divide.

 

[BrokenBarbie]

Very few people have the stomach for that sort of thing.

Most Americans just want tomorrow to be as average as yesterday.

 

[dolf]

Forced reparations in America would lead to massive civil disobedience and possibly a civil war. Companies that engage in that practice are fueling racism and racial divide.

Not sure wtf that has to do with two UK companies deciding they want to contribute voluntarily.

 

[Fuzzy1975]

Not sure wtf that has to do with two UK companies deciding they want to contribute voluntarily.

Everything is always about America.....the rest of the world is just there for America to fuck with...*chuckles*

 

[toeskr]

Black and minority ethnic. Close enough. It's the term most used here now, but that might be different outside the UK.

Yeah, you almost saved it by your own lame interpretation but not quite. Try again.

And no, it's not. No matter where you are.

Thanks for playing.

 

[BrokenBarbie]

A quick google search will tell you she’s correct, actually.

 

[icanhelp1]

Not sure wtf that has to do with two UK companies deciding they want to contribute voluntarily.

Because what affects you sooner or later crosses the pond and affects us.
Didn’t take long for FUZZYNUTS To throw in his 2 cents.

 

[toeskr]

A quick google search will tell you she’s correct, actually.

What is this google speak you speak of barb?

Olde englush?