Bobby Lee @bobbylee.bsky.social · 29/01/2026This 1939 article by Paul Wallace Gates (of course!) outlines the practice but makes very little of how the slave economy generates the capital making it all possible (of course!) 100 0
Bobby Lee @bobbylee.bsky.social · 29/01/2026These guys are taking profits from southern plantations and effectively running payday loan style mortgage schemes for settlers who want to buy land from the government. Crazy rates: 75% profit per year 100 0
Bobby Lee @bobbylee.bsky.social · 29/01/2026Look at where these investors are from and where they’re buying up land to develop in the 1850s. This has a hand in cranking the flywheel of Native dispossession in the upper Midwest for sure 110 0