Coronavirus (political)

[SunnySide]

Originally Posted by Chico23231

Also sunnyside, why would pelosi and Schumar agree to the first installment of the PPP if there was this so-called biased plan? U are telling me they were complicit?

No they weren’t, because it a non issue...they are simply playing politics now in order to tack on liberal agenda ideals that don’t have to do with small business relief.

Don’t fall for it.

Chico, I’ve read article after article from various different aspects all saying the same thing. Hedge funds and well to do corporations with pre existing briskness relationships with big banks are getting the money and not the local mom and pop stores.

—————-
This isn't the way the business rescue plan was supposed to work. Millions of small businessmen and women can't get to the front of the queue for desperately needed loans, while many healthy larger businesses are feeding at the trough and laughing at taxpayers all the way from the bank.

What happened is that thousands of financially healthy businesses are getting loans of $100,000 to $3 or $4 million and they are pocketing the money. They weren't going to lay off workers in the first place.

https://www.foxbusiness.com/small-bu...business-bucks

^^^ this is from Stephen Moore who is on trumps economic recovery team saying the same thing.

—————-

Making sure the money gets to Main Street and not Wall Street is important before we give 350 billion more.

Besides, sounds like the new money will have Pelosi and Schumer’s restrictions so .... win for America, I think we can all support that.