D.L. Hughley

Follow D.L. Hughley Updates:

. . .

The Plot Destroying Black Businesses in Highlands County

By Frank Paul Jones on | From frankpaulgambino.com

The Plot Destroying Black Businesses in Highlands County

Highlands County, Florida located in the Heartland of Florida. With a population of about 100,000. Here we have the highest AIDS rate in the nation, even higher than Washington DC. It is so bad here that people commonly say, “well you have to die from something.” While the nation claims the worst recession since the great depression gone worsted, here we are clearly in a DEPRESSION.

While banks refuse to loan blacks money to operate their businesses, they continue to purchase tax certificates. This is clearly an unethical practice. To say your business too high a risk to invest in but turns around and buys your tax certificates is a contradiction and a plot being used to put small family owned businesses out of busyness permanently.

Take Delaney Avenue, which is an historical site, almost every business on the strip is about to lose their property due to property taxes. I would name them as it is public information, but take my word for it, people are about to lose properties worth $20G to $80G in this buyer market economy for back taxes that is at a small fraction of their valuation. Why? Because the banks will not invest in these properties. Yet the same banks will purchase the tax certificates and call in their markers soon as they can and then auction the properties off putting family owned businesses that have been in the family for generations out of business and this is not right. Just about every business on the Delaney Avenue strip is about to lose there holdings within one year as I write. Is this by chance or a plot?

We saw this happen in Harlem, New York City, when the Caucasians decided the real estate was prime real estate they move the black people out by calling in their markets on tax deeds. After just two years someone can who purchases a tax certificate can request their tax deed here in Highlands County, FL.

You can believe this is happening also at a larger scale in places like Detroit, Las Vegas and Atlantic City, whereby banks are Actually choking off the life of communities and buying them out through the purchase of tax certificates. It is safe investment because they know there are usually no mortgages on these properties because the conspiracy is to not invest in these businesses to allow business debts.

Sad but unethical but reality these are the signs of a depression. However Highlands County Florida is unique, we sit on prime real estate here in Florida, where mortgage foreclosures has already destroyed this state. With lower home ownership, there will be a slow down in the business sector. Here in Highlands County there are few living wage jobs, just a bunch of part time work in retail services, the agricultural industry is on the downturn as workers are hard to come by. Is there a solution? Sure! The American Reinvestment Act. It is simple, just loan every small business 25% on there equity. No that would be too easy, they rather steal our properties.