spin_dry Posted July 4, 2020 Share Posted July 4, 2020 WooHoo! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted July 4, 2020 Platinum Contributing Member Share Posted July 4, 2020 fucking liberal Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted July 4, 2020 Share Posted July 4, 2020 total bullshit . he needs to be slapped up side the head for this sort of bullshit . this shit will keep a lot more voters home than just me Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 What does this mean exactly? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted July 8, 2020 Share Posted July 8, 2020 It means America is closer to bankruptcy. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 Local news listed all the companies around here that got money. Unbelievable how much money doled out to biz owners. Rich just got waaay richer ... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 On 7/4/2020 at 6:51 PM, Ez ryder said: total bullshit . he needs to be slapped up side the head for this sort of bullshit . this shit will keep a lot more voters home than just me No it won't. Quote Link to comment Share on other sites More sharing options...
1jkw Posted July 8, 2020 Share Posted July 8, 2020 On 7/4/2020 at 7:51 PM, Ez ryder said: total bullshit . he needs to be slapped up side the head for this sort of bullshit . this shit will keep a lot more voters home than just me I give you credit, one of the few who dare say anything against the orange god. But it will buy more votes than it will lose IMO. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 Now lets be clear about what EXACTLY this was and who backed it. President Donald Trump signed a bill Saturday re-opening the application window for the Paycheck Protection Program (PPP) until Aug. 8. The five-week extension had been approved last week by both chambers of Congress. The U.S. House of Representatives and the Senate both passed the legislation by unanimous consent. The House’s approval on July 1 came after the Senate passed the extension in a surprise move the night of June 30, just a few hours before the PPP application window was scheduled to close. The extension keeps a source of funding open to struggling small businesses while Congress works on a second, more targeted funding program. The PPP, which has approximately $129 billion in funding remaining, was launched in early April as the COVID-19 pandemic battered the U.S. economy and forced many businesses to close. The program provides forgivable loans that small businesses and other qualifying entities can use to cover payroll and other select costs. Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 8, 2020 Share Posted July 8, 2020 28 minutes ago, 1jkw said: I give you credit, one of the few who dare say anything against the orange god. But it will buy more votes than it will lose IMO. Oh really? We have all said that this is bullshit. The first one was bullshit and this is too, but will this win him voters? Taking a page right out of the dem playbook. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 Just now, racer254 said: Oh really? We have all said that this is bullshit. The first one was bullshit and this is too, but will this win him voters? Taking a page right out of the dem playbook. It won't cost him votes.....not a chance. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 22 minutes ago, Highmark said: Now lets be clear about what EXACTLY this was and who backed it. President Donald Trump signed a bill Saturday re-opening the application window for the Paycheck Protection Program (PPP) until Aug. 8. The five-week extension had been approved last week by both chambers of Congress. The U.S. House of Representatives and the Senate both passed the legislation by unanimous consent. The House’s approval on July 1 came after the Senate passed the extension in a surprise move the night of June 30, just a few hours before the PPP application window was scheduled to close. The extension keeps a source of funding open to struggling small businesses while Congress works on a second, more targeted funding program. The PPP, which has approximately $129 billion in funding remaining, was launched in early April as the COVID-19 pandemic battered the U.S. economy and forced many businesses to close. The program provides forgivable loans that small businesses and other qualifying entities can use to cover payroll and other select costs. Bunch of businesses around here got the money & never shut down. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 4 minutes ago, ford_428cj said: Bunch of businesses around here got the money & never shut down. As fast as the first batch went I'm dumbfounded there was any left of the second round. That should be a good sign. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 10 minutes ago, Highmark said: As fast as the first batch went I'm dumbfounded there was any left of the second round. That should be a good sign. A lot got rich fast from that. Our local news had a list of all the companies in the area ...pages upon pages & millions upon millions. Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 8, 2020 Share Posted July 8, 2020 11 minutes ago, ford_428cj said: A lot got rich fast from that. Our local news had a list of all the companies in the area ...pages upon pages & millions upon millions. As long as most of the usual suspects got their 1200 dollar baller check while millions went out to "businesses that needed it" Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 9 minutes ago, ford_428cj said: A lot got rich fast from that. Our local news had a list of all the companies in the area ...pages upon pages & millions upon millions. Does it also list how much of that money those companies used in the manner they were supposed to? Did it also list the tax contribution history of those companies. Yeah I don't agree with how the program was run but the big picture should be looked at not just who got what. Quote Link to comment Share on other sites More sharing options...
1jkw Posted July 8, 2020 Share Posted July 8, 2020 51 minutes ago, racer254 said: Oh really? We have all said that this is bullshit. The first one was bullshit and this is too, but will this win him voters? Taking a page right out of the dem playbook. No you said Trump didn't want it. Yes "free shit " buying votes. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted July 8, 2020 Share Posted July 8, 2020 15 minutes ago, ford_428cj said: A lot got rich fast from that. Our local news had a list of all the companies in the area ...pages upon pages & millions upon millions. yep a few of my good buds took advantage of the scam . none got rich but 1 who I ride with a lot was able to pay his guys for 1.5 mo with the tax payer money . freeing up enough cash for him to order a new fully loaded Logan coach toyhauler 5th wheel .total bullshit fleecing of America Quote Link to comment Share on other sites More sharing options...
1jkw Posted July 8, 2020 Share Posted July 8, 2020 52 minutes ago, Highmark said: It won't cost him votes.....not a chance. Nothing he does will cost him votes with his cult, but free money will most assuredly get him some votes. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 3 minutes ago, 1jkw said: Nothing he does will cost him votes with his cult, but free money will most assuredly get him some votes. Historically speaking it always does. Now we have to be a bit honest here in saying this "pandemic" is something that we've never seen before regarding the impact on America's economy. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 1 hour ago, Highmark said: Does it also list how much of that money those companies used in the manner they were supposed to? Did it also list the tax contribution history of those companies. Yeah I don't agree with how the program was run but the big picture should be looked at not just who got what. What manner are you referring to? What does it matter their tax history? The small places that really needed it got left out. The bigger companies had their lawyers & bankers all over it & snatching up the max they could. 1 hour ago, Ez ryder said: yep a few of my good buds took advantage of the scam . none got rich but 1 who I ride with a lot was able to pay his guys for 1.5 mo with the tax payer money . freeing up enough cash for him to order a new fully loaded Logan coach toyhauler 5th wheel .total bullshit fleecing of America I know of more than one company that got over a million & it will go right in the owners pocket. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 1 minute ago, ford_428cj said: What manner are you referring to? What does it matter their tax history? The small places that really needed it got left out. The bigger companies had their lawyers & bankers all over it & snatching up the max they could. I know of more than one company that got over a million & it will go right in the owners pocket. Your facts are wrong. I've already posted some statistics. Why is there $127 billion left? Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 1 minute ago, Highmark said: Your facts are wrong. I've already posted some statistics. Why is there $127 billion left? https://www.bizjournals.com/washington/news/2020/04/16/sbas-349b-paycheck-protection-program-officially.html SBA's $349B Paycheck Protection Program officially runs out of money Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 8, 2020 Platinum Contributing Member Share Posted July 8, 2020 (edited) 8 minutes ago, ford_428cj said: https://www.bizjournals.com/washington/news/2020/04/16/sbas-349b-paycheck-protection-program-officially.html SBA's $349B Paycheck Protection Program officially runs out of money That was round one. The article is from April 16th. The recent extension was to use up the remaining. I won't argue way too many took loans outside the spirit of the program. The program should have had and still could put in much better protections. https://www.journalofaccountancy.com/news/2020/jul/senate-approves-5-week-ppp-extension.html Trump signs 5-week PPP extension By Jeff Drew July 1, 2020 Updated: July 6, 2020 The extension keeps a source of funding open to struggling small businesses while Congress works on a second, more targeted funding program. The PPP, which has approximately $129 billion in funding remaining, was launched in early April as the COVID-19 pandemic battered the U.S. economy and forced many https://www.cnbc.com/2020/07/06/coronavirus-stimulus-list-of-ppp-small-business-loan-recipients-released.html About 87% of the loans were for less than $150,000, according to the SBA. Edited July 8, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted July 8, 2020 Share Posted July 8, 2020 14 minutes ago, Highmark said: That was round one. The article is from April 16th. The recent extension was to use up the remaining. https://www.journalofaccountancy.com/news/2020/jul/senate-approves-5-week-ppp-extension.html Trump signs 5-week PPP extension By Jeff Drew July 1, 2020 Updated: July 6, 2020 The extension keeps a source of funding open to struggling small businesses while Congress works on a second, more targeted funding program. The PPP, which has approximately $129 billion in funding remaining, was launched in early April as the COVID-19 pandemic battered the U.S. economy and forced many So there were two rounds scheduled off the bat? Quote Link to comment Share on other sites More sharing options...
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