Well, that, and the fact that the South successfully argued and litigated that the Union Army's destruction of Southern infrastructure meant that we couldn't pay reparations. The Yankees started a war, almost lost it, and had to foot the bill. And then we shipped them the freed slaves.
Given the long-term damage both environmental and structural to the South as a whole, you could make a good argument that the North should be the one paying reparations.
Considering how the fed has become obscenely powerful since then, I'd still say they lost. Although it's hard to tell how much power the fed actually has versus the illusion of control. They're big and corrupt, but they're also noticeably incompetent and badly managed.
Well, that, and the fact that the South successfully argued and litigated that the Union Army's destruction of Southern infrastructure meant that we couldn't pay reparations. The Yankees started a war, almost lost it, and had to foot the bill. And then we shipped them the freed slaves.
Y'all sure the South lost the war?
Given the long-term damage both environmental and structural to the South as a whole, you could make a good argument that the North should be the one paying reparations.
Considering how the fed has become obscenely powerful since then, I'd still say they lost. Although it's hard to tell how much power the fed actually has versus the illusion of control. They're big and corrupt, but they're also noticeably incompetent and badly managed.