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What exactly did the COVID relief money fund, anyway?
American Thinker ^
| 08/04/2022
| Brian Vukadinovich
Posted on 08/04/2022 9:57:16 AM PDT by SeekAndFind
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The Paycheck Protection Program loans were very generous, as the so called "loans" could be forgiven if at least 60% of the money was used on payroll. Many of the employees' salaries were $60,000–100,000. While it is great that the employees were able to earn such impressive salaries, a law firm that could afford to pay such high salaries should hardly have its hand out for donations from the taxpayers to help. And, as usual, the government is playing games with not being very upfront with the public, as the so called "loans" were reported by the Small Business Association (SBA) as "paid in full," which includes both loans repaid and those "fully forgiven" from repayment under PPP guidelines.
If the so-called "loan" was "fully forgiven," common sense tells us that the loan wasn't repaid. So how in the world can the government say with a straight face that the so-called "loan" was "paid in full" when in fact it wasn't?
To: SeekAndFind
2
posted on
08/04/2022 9:57:44 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: SeekAndFind
Lovely hols in The Bahamas for teachers from CA and MI...
To: dfwgator
We used all our stimulus checks on house payments so we could pay it off sooner
4
posted on
08/04/2022 10:00:58 AM PDT
by
al baby
(Hi Mom Hi Dad)
To: SeekAndFind
What exactly did the COVID relief money fund, anyway?
Pharma, Biden and other Democrats.
5
posted on
08/04/2022 10:01:38 AM PDT
by
lewislynn
(Trump accomplished more in one term than any one President in your lifetime.)
To: SeekAndFind
6
posted on
08/04/2022 10:03:05 AM PDT
by
mountainlion
(Live well for those that did not make it back.)
To: dfwgator
I gave mine to 2 very poor families that I know. They are very wonderful people who deserved it.
7
posted on
08/04/2022 10:05:42 AM PDT
by
EinNYC
To: SeekAndFind
8
posted on
08/04/2022 10:06:22 AM PDT
by
Jeff Chandler
(THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
To: SeekAndFind
I know of at least one major metro in Upstate NY that used CoupFlu money to hire people to remove snow off city sidewalks...
9
posted on
08/04/2022 10:08:43 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: mewzilla
10
posted on
08/04/2022 10:09:53 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: SeekAndFind
this is OT but related to govt abuse....
there was a story in our local rag the buyden school loan forgiveness plan...
it featured a woman that still had $90,000 dollars owing after many yrs...
so our lovely govt just paid it off....
she worked at a university was making $270,000 a year!
belong to the rat party and life can be amazing...
11
posted on
08/04/2022 10:10:27 AM PDT
by
cherry
(;)
To: mewzilla
12
posted on
08/04/2022 10:10:49 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: dfwgator
Two of my renters used the generous funds to become drug addicts. They are no longer renters. Thanks Uncle Sam.
13
posted on
08/04/2022 10:16:19 AM PDT
by
Gen.Blather
(Wait! I said that out loud? )
To: SeekAndFind
Audit to locate hoe many PRISONERS got PPP funds.
To: SeekAndFind
It funded the owners of our company under the guise of “we still paid you your normal pay instead of cutting you back”.... Hey, it’s their business and they can do what they want——but not with OUR tax dollars.
To: mewzilla
16
posted on
08/04/2022 10:37:00 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: mountainlion
“Money laundering again?”
Certainly some of that but “what happens to our tax money” is a huge question.
It is essential for heads of businesses to know where their money comes from and goes to.
We citizens are the collective head of our government.
The recipients of our tax dollars should be required to present financial statements showing the flow of money within their agencies.
To: SeekAndFind
Mostly, irresponsibility.
18
posted on
08/04/2022 10:39:08 AM PDT
by
aquila48
(Do not let them make you "care" ! Guilting you is how they control you. )
To: mewzilla
19
posted on
08/04/2022 10:39:51 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: SeekAndFind
Mine bought a car, paid an empty lot all the way off, several AK parts kits, numerous thousands of rounds of ammo, a new fridge, a new stove, and another air conditioner.
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