Re: Coronavirus (political)
 

Man, China really did its best in completely fucking everybody over with first the breakout and now the cover up. If they simply would have been upfront with all information and stopped international travel...quite possible 95% of spread would have never occurred. The blood on their hands is immense.

Re: Coronavirus (political)
 

[quote=SolidSnake84;1249462]Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

[B]Gone:[/B]
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

[B]Permanently Changed:[/B]
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed[/quote]


[quote=CRedskinsRule;1249488]I know this has already garnered several responses, but I am amazed someone/anyone would even write this list. The economic toll on some industries will impact their future, but the rest of these are just beyond bizarro world thinking. Not one thing on this list has a remote chance of being true 6 months from now.

Other than Cruise Ships, every industry you list under gone will be revitalized as the economy is reopened and people can get out of their houses and enjoy leisure activities again.

In the Permanently changed, the only one that has a slim chance of being true is more remote learning for high schools.[/quote]

I think what is listed under gone will mostly be reduced in volume, like movie theaters. Some will not reopen, others will continue to fall by the wayside as fear of crowds and slashed entertainment budgets will impact the remaining ones.

Re: Coronavirus (political)
 

[quote=Chico23231;1249496]Man, China really did its best in completely fucking everybody over with first the breakout and now the cover up. If they simply would have been upfront with all information and stopped international travel...quite possible 95% of spread would have never occurred. The blood on their hands is immense.[/quote]

[URL="https://www.businessinsider.com/us-investigating-chinese-lab-covid-19-theory-2020-4"]The US is investigating the theory that the COVID-19 virus was accidentally released from a Chinese lab[/URL]

wow

Re: Coronavirus (political)
 

[quote=MTK;1249501][URL="https://www.businessinsider.com/us-investigating-chinese-lab-covid-19-theory-2020-4"]The US is investigating the theory that the COVID-19 virus was accidentally released from a Chinese lab[/URL]

wow[/quote]

Welp, I trust the Chinese government about as much as I trust the Trump administration so this should be a fruitful process...

:rolleyes:

Re: Coronavirus (political)
 

[quote=Schneed10;1249503]Welp, I trust the Chinese government about as much as I trust the Trump administration so this should be a fruitful process...

:rolleyes:[/quote]

ugh so true

Re: Coronavirus (political)
 

[quote=MTK;1249501][URL="https://www.businessinsider.com/us-investigating-chinese-lab-covid-19-theory-2020-4"]The US is investigating the theory that the COVID-19 virus was accidentally released from a Chinese lab[/URL]

wow[/quote]

Rep. Cotton said this was a possibility in back in January. It was hard to imagine this coulda been the case. How could their controls be so weak that it was allowed to jump into public population? just mind numbing

Re: Coronavirus (political)
 

[quote=Schneed10;1249503]Welp, I trust the Chinese government about as much as I trust the Trump administration so this should be a fruitful process...

:rolleyes:[/quote]

I'm sure Ivanka and the Boys will make out okay with a couple more Hotels and copyright approvels.

Re: Coronavirus (political)
 

[quote=Schneed10;1249503]Welp, I trust the Chinese government about as much as I trust the Trump administration so this should be a fruitful process...

:rolleyes:[/quote]

While I am an anti-Trump Republican, who even voted for Biden in the primary and even sent him a donation, I find your post TDS nonsense. The Chinese government controls their media and will even hunt down and kill citizens speaking against them. Last I heard that does not happen in the USA.

Re: Coronavirus (political)
 

[quote=Buffalo Bob;1249531]While I am an anti-Trump Republican, who even voted for Biden in the primary and even sent him a donation, I find your post TDS nonsense. The Chinese government controls their media and will even hunt down and kill citizens speaking against them. Last I heard that does not happen in the USA.[/quote]

I was only comparing how much I trust what they say, not making a human rights comparison. Scope creep much?

They're equally full of shit, that's all.

Re: Coronavirus (political)
 

Once again disgraceful from Pelosi holding up small business PPP act. They don’t care about the backbone of the economy...absolutely disgraceful as they try to tack on Their agenda bullshit.

Re: Coronavirus (political)
 

[quote=Chico23231;1249551]Once again disgraceful from Pelosi holding up small business PPP act. They don’t care about the backbone of the economy...absolutely disgraceful as they try to tack on Their agenda bullshit.[/quote]

They would rather pay people to sit at home and do nothing than to help employers keep them working for a paycheck.

Re: Coronavirus (political)
 

[quote=Chico23231;1249551]Once again disgraceful from Pelosi holding up small business PPP act. They don’t care about the backbone of the economy...absolutely disgraceful as they try to tack on Their agenda bullshit.[/quote]

[IMG]https://memecrunch.com/meme/8CAAV/charlie-brown/image.jpg[/IMG]

Re: Coronavirus (political)
 

[quote=Giantone;1249557][IMG]https://memecrunch.com/meme/8CAAV/charlie-brown/image.jpg[/IMG][/quote]

so apropos considering the source

Re: Coronavirus (political)
 

[quote=MTK;1249466]I feel like SS is just trolling at this point. No matter what anyone says he keeps coming back with the same doom and gloom, end of the world BS.[/quote]

Basically SS answer to everything is this:

[IMG]https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcTe-FXuQtqJJ8G3nMAamJ6a9ka0C_J0KqxnQ7o3SPawNbI7BxW_&usqp=CAU[/IMG]

Re: Coronavirus (political)
 

[quote=mredskins;1249569]Basically SS answer to everything is this:

[IMG]https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcTe-FXuQtqJJ8G3nMAamJ6a9ka0C_J0KqxnQ7o3SPawNbI7BxW_&usqp=CAU[/IMG][/quote]

lol

Re: Coronavirus (political)
 

[quote=CRedskinsRule;1249566]so apropos considering the source[/quote]

..........nice to see you defending your buddy.

Re: Coronavirus (political)
 

[QUOTE=Giantone;1249577]..........nice to see you defending your buddy.[/QUOTE]Nice to see your standard deflection


Sent from my SM-G973U using Tapatalk

Re: Coronavirus (political)
 

[quote=Chico23231;1249551]Once again disgraceful from Pelosi holding up small business PPP act. They don’t care about the backbone of the economy...absolutely disgraceful as they try to tack on Their agenda bullshit.[/quote]

But Democrats, while saying they aren't opposed to more small-business money, want it to be paired with an additional $100 billion for hospitals, $150 billion for state and local governments and a boost in food assistance funding.

"Small businesses, hospitals, frontline workers and state and local governments across the country are struggling to keep up with this national crisis. They need more help from the federal government and they need it fast. ... While the Trump Administration struggles to figure out how to distribute the funds provided for in the CARES Act, it’s clear that those appropriated amounts will not be enough to cover the tremendous need," Schumer and Pelosi said on Monday.

Democrats also want to make changes to the PPP, ensuring that half of the new $250 billion in funding goes through "community-based financial institutions that serve farmers, family, women, minority and veteran-owned small businesses." Democrats have raised concerns that the current setup of the program favors larger businesses with existing connections to a lender.

“Further changes must also be made to the SBA’s [Small Business Administration] assistance initiative, as many eligible small businesses continue to be excluded from the Paycheck Protection Program by big banks with significant lending capacity," Pelosi and Schumer said, while agreeing that more money for the program is needed to "satisfy the hundreds of billions in oversubscribed demand."
[url]https://thehill.com/homenews/house/492459-pelosi-schumer-to-gop-stop-posturing-on-stalled-coronavirus-aid[/url]


I would suggest both parties actually try to come up with bi-partisan legislation before demanding a vote.

Instead of what we have now, a party drafts a proposal without the other side's input, then tries to score cheap political points when the other party balks at not immediately voting for it.

Re: Coronavirus (political)
 

[quote=SunnySide;1249584]But Democrats, while saying they aren't opposed to more small-business money, want it to be paired with an additional $100 billion for hospitals, $150 billion for state and local governments and a boost in food assistance funding.

"Small businesses, hospitals, frontline workers and state and local governments across the country are struggling to keep up with this national crisis. They need more help from the federal government and they need it fast. ... While the Trump Administration struggles to figure out how to distribute the funds provided for in the CARES Act, it’s clear that those appropriated amounts will not be enough to cover the tremendous need," Schumer and Pelosi said on Monday.

[B]Democrats also want to make changes to the PPP, ensuring that half of the new $250 billion in funding goes through "community-based financial institutions that serve farmers, family, women, minority and veteran-owned small businesses." Democrats have raised concerns that the current setup of the program favors larger businesses with existing connections to a lender[/B].

“Further changes must also be made to the SBA’s [Small Business Administration] assistance initiative, as many eligible small businesses continue to be excluded from the Paycheck Protection Program by big banks with significant lending capacity," Pelosi and Schumer said, while agreeing that more money for the program is needed to "satisfy the hundreds of billions in oversubscribed demand."
[url]https://thehill.com/homenews/house/492459-pelosi-schumer-to-gop-stop-posturing-on-stalled-coronavirus-aid[/url]


I would suggest both parties actually try to come up with bi-partisan legislation before demanding a vote.

Instead of what we have now, a party drafts a proposal without the other side's input, then tries to score cheap political points when the other party balks at not immediately voting for it.[/quote]

As someone who works in the space, this is a fucking lie. Not just a lie, a fucking lie. Im watching the money flow through KYC AML...and that's a lie. They using the typical race baiting bullshit they are known for.

I thought the original bill was fine negotiate a big bill... not this, not this at all. Its horseshit by Pelosi, pure political horseshit.

Re: Coronavirus (political)
 

The IRS stimulus check tracker ... said my information "does not match" when I tried to check it. I dont know how, I put in my SS, dob and street address. Did it correctly.

Checks with peoples wrong name on it, wrong amounts, direct deposits going to the wrong bank accounts .... is this where I irrationally blame Donald Trump as directly responsible for the website roll out failure? Do i blindly claim his insistence on putting his signature on the checks was the reason for the glitches?

I seem to remember a segment of our population was directly blaming Obama for a lot of things that were not in his control.

Im sure those same people are now screamiing trump is incompetent.

If they are not ... well they are nothing but thoughtless lemming hypocrites.

Re: Coronavirus (political)
 

[quote=Chico23231;1249585]As someone who works in the space, this is a fucking lie. Not just a lie, a fucking lie. Im watching the money flow through KYC AML...and that's a lie. They using the typical race baiting bullshit they are known for.

I thought the original bill was fine negotiate a big bill... not this, not this at all. Its horseshit by Pelosi, pure political horseshit.[/quote]

Chico, can you please explain this to me like im a 10 year old. I have no clue what KYC AML is.

I would think making sure the money doesnt go to big businesses vs small companies is the main spirit of PPP, so why not have controls in place to ensure that?

I understand, if you are saying the money is going to small business and the program is working as intended ... you dont need the extra oversight for a problem if the problem does not exist.

Re: Coronavirus (political)
 

[quote=SunnySide;1249591]Chico, can you please explain this to me like im a 10 year old. I have no clue what KYC AML is.

I would think making sure the money doesnt go to big businesses vs small companies is the main spirit of PPP, so why not have controls in place to ensure that?

I understand, if you are saying the money is going to small business and the program is working as intended ... you dont need the extra oversight for a problem if the problem does not exist.[/quote]

its simple, regulatory controls already exist and the private side has partnered with fed government working multiple consecutive weekends to get the money to flow...which worked only because our infrastructure. To think its a free for all or the govt waves a magic wand its completely ignorant. The oversight of our controls thankfully have been loosened, but still remain rigid...do you think from a reputational risk, it would be smart to pick and chose in this moment to hold up other factors in determining who gets apps approved for funds? plus, you know, there laws on the books

But again...this isn't about the Small business, but other agenda items she want to insert

Re: Coronavirus (political)
 

[quote=Chico23231;1249585]As someone who works in the space, this is a fucking lie. Not just a lie, a fucking lie. Im watching the money flow through KYC AML...and that's a lie. They using the typical race baiting bullshit they are known for.

I thought the original bill was fine negotiate a big bill... not this, not this at all. Its horseshit by Pelosi, pure political horseshit.[/quote]

No , this is horse shit by you . You and your PDDS .[B]Pelosi Democrat Derangement Syndrome)[/B]

Re: Coronavirus (political)
 

[quote=Chico23231;1249593]its simple, regulatory controls already exist and the private side has partnered with fed government working multiple consecutive weekends to get the money to flow...which worked only because our infrastructure. To think its a free for all or the govt waves a magic wand its completely ignorant. The oversight of our controls thankfully have been loosened, but still remain rigid...do you think from a reputational risk, it would be smart to pick and chose in this moment to hold up other factors in determining who gets apps approved for funds? plus, you know, there laws on the books

But again...this isn't about the Small business, but other agenda items she want to insert[/quote]

Nothing you said here answer SS question.

Re: Coronavirus (political)
 

[quote=Chico23231;1249593]

But again...this isn't about the Small business, but other agenda items she want to insert[/quote]

Yes it's about small business's and the hospital workers and the people who really need it ,not Boeing getting 50 billion or the Kennedy Center getting money.


For God sake chico stop your shit!


"Small businesses, hospitals, frontline workers and state and local governments across the country are struggling to keep up with this national crisis. They need more help from the federal government and they need it fast. ... While the Trump Administration struggles to figure out how to distribute the funds provided for in the CARES Act, it’s clear that those appropriated amounts will not be enough to cover the tremendous need," Schumer and Pelosi said on Monday.

Democrats also want to make changes to the PPP, ensuring that half of the new $250 billion in funding goes through "community-based financial institutions that serve farmers, family, women, minority and veteran-owned small businesses." Democrats have raised concerns that the current setup of the program favors larger businesses with existing connections to a lender."

Re: Coronavirus (political)
 

not worth my time. Never mind.

Re: Coronavirus (political)
 

[quote=SolidSnake84;1249462]Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

[B]Gone:[/B]
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

[B]Permanently Changed:[/B]
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed[/quote]
so much for beaches/beach resorts being gone/Public Parks being permanently changed:
[url]https://www.huffpost.com/entry/florida-beach-reopen-coronavirus-mad-dash_n_5e9aa140c5b63639081ed802[/url]

[IMG]https://s.yimg.com/ny/api/res/1.2/eq6QaMGjobek.vKbDnewIg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNQ--/https://img.huffingtonpost.com/asset/5e9aa1ee25000053286b8153.jpeg[/IMG]
[IMG]https://img.huffingtonpost.com/asset/5e9aa1f0220000a00782736f.jpeg?ops=scalefit_720_noupscale[/IMG]

Re: Coronavirus (political)
 

[url]https://www.dailywire.com/news/illinois-pleads-for-multi-billion-dollar-pension-bailout-in-federal-coronavirus-request[/url]

This should make everyone irate...trying to take advantage of the Wuhan virus crisis to bailout a corrupt, 20 year mismanaged Illinois State pension fund. God awful disgraceful request by democratic leadership there.

Re: Coronavirus (political)
 

[quote=Chico23231;1249671][url]https://www.dailywire.com/news/illinois-pleads-for-multi-billion-dollar-pension-bailout-in-federal-coronavirus-request[/url]

This should make everyone irate...trying to take advantage of the Wuhan virus crisis to bailout a corrupt, 20 year mismanaged Illinois State pension fund. God awful disgraceful request by democratic leadership there.[/quote]

Wuhan virus. You're such a fucking idiot. Transparent attempts to assign nationality to a virus do not work on those of us with half a brain. Trump and his ilk who adopt his tactics speak only to the lowest common denominator in this country. GTFO with this bullshit, we're too smart here to put up with this drivel.

Re: Coronavirus (political)
 

[quote=Giantone;1249636]Yes it's about small business's and the hospital workers and the people who really need it ,not Boeing getting 50 billion or the Kennedy Center getting money.


For God sake chico stop your shit!


"Small businesses, hospitals, frontline workers and state and local governments across the country are struggling to keep up with this national crisis. They need more help from the federal government and they need it fast. ... While the Trump Administration struggles to figure out how to distribute the funds provided for in the CARES Act, it’s clear that those appropriated amounts will not be enough to cover the tremendous need," Schumer and Pelosi said on Monday.

Democrats also want to make changes to the PPP, ensuring that half of the new $250 billion in funding goes through "community-based financial institutions that serve farmers, family, women, minority and veteran-owned small businesses." Democrats have raised concerns that the current setup of the program favors larger businesses with existing connections to a lender."[/quote]

Giantone I usually dismiss your posts as biased but I have to say this one is accurate, and let me give you a window into how and why.

I work as an executive at a hospital, many of you know this. The CARES act set aside $100 billion in funds to support hospitals. They just distributed the first 30% of the funds to hospitals - and they did it without regard to which hospitals were actually bearing the burden of caring for patients with COVID.

All they did was take the $100B, multiply it by 30%, meaning they're distributing $30B. And they took that $30B and just distributed it to hospitals based on the proportion of Medicare revenue those hospitals had last year.

In other words, if a hospital in New York had 0.005% of the Medicare revenues in the country last year, and a hospital in Nebraska had 0.005% of Medicare revenues in the country last year, they got the exact same $ amount from this first distribution. Nevermind the fact that the hospital in NY is actually treating COVID-19 patients in droves, while the hospital in Nebraska barely has any.

So the hospital in Nebraska is sitting there with this windfall, and the hospital in New York doesn't have nearly enough to pay for PPE, ventilators, etc. etc.

It was lazy and poorly executed. The equivalent of just waving a wand and being done with it. It's easy to dismiss things we read in the news these days as biased, because few journalists these days can actually connect it to facts, and how things are actually done. But this is an illustration of how poorly Trump and his administration have managed the crisis. They don't understand nuances of the pandemic enough to manage it properly - so they just wave a wand as if they can't be bothered with careful planning and foresight.

Very disappointing.

Re: Coronavirus (political)
 

[quote=Schneed10;1249674]Wuhan virus. You're such a fucking idiot. Transparent attempts to assign nationality to a virus do not work on those of us with half a brain. Trump and his ilk who adopt his tactics speak only to the lowest common denominator in this country. GTFO with this bullshit, we're too smart here to put up with this drivel.[/quote]

Where have you been? A lot of deadly diseases have generated out of China due to their unsanitary raising and consumption of meat. So you are "too smart" to deny the truth?

Re: Coronavirus (political)
 

[quote=Schneed10;1249674]Wuhan virus. You're such a fucking idiot. Transparent attempts to assign nationality to a virus do not work on those of us with half a brain. Trump and his ilk who adopt his tactics speak only to the lowest common denominator in this country. GTFO with this bullshit, we're too smart here to put up with this drivel.[/quote]

Yeah it’s not anything to do with trump, i find it easier to type and since the start of outbreak is in Wuhan and that’s how it’s been referred too, then it makes since....kinda like other virus, diseases, Etc. I guess because trump said it at some point people are angry...hey I get it. Plus Wuhan is close to wutang...a much beloved hip hop group, so I type or say it, it’s with the same affection I have for the gza, the rza, the ole dirty bastard, method man, Raekwon the chef, ghostface killa, and many, many others.

Glad you responded because I did want to know, because of the field you work in...do you think a person who has antibodies, does that equal immunity? And what do you think about time table of a treatment available?

Re: Coronavirus (political)
 

[quote=Buffalo Bob;1249678]Where have you been? A lot of deadly diseases have generated out of China due to their unsanitary raising and consumption of meat. So you are "too smart" to deny the truth?[/quote]

More so than any other nation/continent?

I’m surrounded by fucking mental midgets. One says he likes Wu Tang, another say this shit as if he knows what he’s talking about. You’re embarrassing yourself.

Where did influenza come from? HIV? Ebola? The Plague? Small pox? Polio? Malaria? Staph? MRSA?

But because SARS and COVID came from China it’s different?

Stop to consider that there may be some things you don’t know that you don’t know. In your case it’s an awful lot.

Re: Coronavirus (political)
 

What a damn good show. Haven't seen this episode in a long time.

[IMG]https://media.giphy.com/media/zWrfCljq7hz2g/giphy.gif[/IMG]

Re: Coronavirus (political)
 

[quote=Schneed10;1249694]More so than any other nation/continent?

I’m surrounded by fucking mental midgets. One says he likes Wu Tang, another say this shit as if he knows what he’s talking about. You’re embarrassing yourself.

Where did influenza come from? HIV? Ebola? The Plague? Small pox? Polio? Malaria? Staph? MRSA?

But because SARS and COVID came from China it’s different?

Stop to consider that there may be some things you don’t know that you don’t know. In your case it’s an awful lot.[/quote]

I’m sorry this is happening to you. Is the name really this bothersome?

Re: Coronavirus (political)
 

How could this be? What the banker discovered was that with less than 500 employees, financial firms and other high-end businesses are technically qualified for low-interest federally guaranteed loans under the broad parameters of the government's Payroll Protection Program (PPP).

And many were sending applications to his bank for the cash, as much as $10 million in the form of a forgivable loan, even if these weren't the types of small businesses Washington was looking to aid.

Even worse, the hedge funds and brokerage businesses were in effect taking money that should be earmarked for businesses that can barely survive in a time of social distancing and quarantines.

These companies have been forced to lay off workers just to make rent, while many banks were prioritizing loans on a first-come, first-served basis and giving priority to their best customers. That means hedge funds and financial firms with deep pockets and significant banking relationships could be getting the money ahead of the local coffee shop.

[url]https://www.foxbusiness.com/money/stimulus-intended-to-help-coronavirus-ravaged-small-businesses-instead-rewarding-hedge-funds-brokerages[/url]

Ive read several articles today, all say the same thing.

PPP money is going to hedge funds and companies still making money and not needing to lay people off vs Main Street actual small businesses. I also read there was some language that tried to exclude certain hedge funds by saying their investors count towards the 500 employee cap.

This needs to be fixed.

Republican or Democrat, this is a problem and needs to be fixed before they give Wall Street money over Main Street.

Thank you Mrs. Pelosi and Mr. Schumer for trying to make sure the help actually gets to needy.

Re: Coronavirus (political)
 

[quote=SunnySide;1249698]

Thank you Mrs. Pelosi and Mr. Schumer for trying to make sure the help actually gets to needy.[/quote]



BAM! mike drop!


This is what it is all about .

Re: Coronavirus (political)
 

[quote=Schneed10;1249694]More so than any other nation/continent?

I’m surrounded by fucking mental midgets. One says he likes Wu Tang, another say this shit as if he knows what he’s talking about. You’re embarrassing yourself.

Where did influenza come from? HIV? Ebola? The Plague? Small pox? Polio? Malaria? Staph? MRSA?

But because SARS and COVID came from China it’s different?

Stop to consider that there may be some things you don’t know that you don’t know. In your case it’s an awful lot.[/quote]

Nice of you to insult people like you are in elementary school, try having a little class or is that beyond you? 95% of the time it seems Democrats can't carry on a conversation without hurling insults.

Coronavirus (political)
 

Nothing more dumb right now than people out protesting the stay at home orders, like seriously WTF

[IMG]https://uploads.tapatalk-cdn.com/20200419/2790294b9558a4f91fb41569609d0bed.jpg[/IMG]



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Re: Coronavirus (political)
 

[quote=SunnySide;1249698]How could this be? What the banker discovered was that with less than 500 employees, financial firms and other high-end businesses are technically qualified for low-interest federally guaranteed loans under the broad parameters of the government's Payroll Protection Program (PPP).

And many were sending applications to his bank for the cash, as much as $10 million in the form of a forgivable loan, even if these weren't the types of small businesses Washington was looking to aid.

Even worse, the hedge funds and brokerage businesses were in effect taking money that should be earmarked for businesses that can barely survive in a time of social distancing and quarantines.

These companies have been forced to lay off workers just to make rent, while many banks were prioritizing loans on a first-come, first-served basis and giving priority to their best customers. That means hedge funds and financial firms with deep pockets and significant banking relationships could be getting the money ahead of the local coffee shop.

[url]https://www.foxbusiness.com/money/stimulus-intended-to-help-coronavirus-ravaged-small-businesses-instead-rewarding-hedge-funds-brokerages[/url]

Ive read several articles today, all say the same thing.

PPP money is going to hedge funds and companies still making money and not needing to lay people off vs Main Street actual small businesses. I also read there was some language that tried to exclude certain hedge funds by saying their investors count towards the 500 employee cap.

This needs to be fixed.

Republican or Democrat, this is a problem and needs to be fixed before they give Wall Street money over Main Street.

Thank you Mrs. Pelosi and Mr. Schumer for trying to make sure the help actually gets to needy.[/quote]

Lol....I wish I could post queries from data tables to clearly to clearly show this is untrue. I guess we are going imagine client facing teams working in unison across the country submit apps to the wizard of oz who pressing approved/rejected button based on a series of preset biased features. within the structure of commercial business size are under a regulatory control cannot manipulated, the options that some jump the line or some large big business are grabbing the money just can’t be done. When you see big brands just remember franchises.

Also before approvals are being completed, required aml/kyc info must be reviewed and up to date to ensure it is correct to ensure reporting and data management...oversight. Partnership with the fed govt has been strong and it was several 7 day work weeks to execute it.

While this is headline grabbing it doesn’t speak to the truth to the hardwork being done to meet client needs in desperate times.

Like I’ve stated, this really isn’t about ppp, trying to tack on agenda items that have nothing to do with the program. Wanting more regulatory actions where it’s not needed is Substantially hurting more small business owners than helping.

Sunyside, your intentions are good, but you're simply wrong if you think folks are being left out because of biases in the most heavily regulated industry in the country.