Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The wave of covid bankruptcies has begun
Washington Post via msn ^ | February 26. 2021 | Jonathan O'Connell, Anu Narayanswamy

Posted on 03/01/2021 2:07:02 AM PST by RomanSoldier19

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-56 last
To: Mogger

It was GM dealerships as part of Obama’s GM bailout. Our local GM dealer disappeared.


41 posted on 03/01/2021 5:49:18 AM PST by wgmalabama (Tag line for rent. )
[ Post Reply | Private Reply | To 25 | View Replies]

To: RomanSoldier19
During the summer my wife and I went to a favorite restaurant we had been going to for years. In fact, we got to know the owner who would usually come over to say hello if he saw us in there.

When we last went there, probably around mid-August, there was only one server working the dining room and the bartender was doing double-duty, making the drinks and waiting on tables as well. In fact, the bar was closed due to stupid state law, the bar stools were all turned upside down.

The owner came over after a while to apologize for the slow service and the high temperatures said that he was struggling to keep the place open and couldn't even afford to run the air conditioning at full speed. He could only afford to pay a handful of his better employees and they were all doing 2 or 3 times the work.

You could tell that he was working himself in the kitchen. A very nice guy just doing the best he could to stay in business. When we went by there again a month or two later, it was completely closed and obviously out of business.

What the state governors have done to small businesses is totally evil.

42 posted on 03/01/2021 5:50:39 AM PST by SamAdams76 (By stealing Trump's second term, the Left gets Trump for 8 more years instead of just four.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Pontiac
I never saw any evidence that COVID-19 was so dangerous as to make blanket shut downs of business warranted.

From the very beginning it was clear to anyone who thinks for himself:

If the masks work, why do we need to social-distance?
If social-distancing works, why do we need to wear masks?
If both of them work, why do we need to shut down any businesses?

Isn't it obvious that all of this has nothing to do with the virus?
43 posted on 03/01/2021 6:04:43 AM PST by systemjim (Lifetime Lover of Music)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Alberta's Child

Agree 100% with your #2.
It led me to drastically reduce my time spent FReeping.


44 posted on 03/01/2021 6:09:24 AM PST by Roccus (Prima di ogni altra cosa, siate armati!)
[ Post Reply | Private Reply | To 39 | View Replies]

To: Pontiac

Covid is nothing more than a new type of flu. I got infected on the Carnival cruise last year, just had a dry cough for 12-14 days and it got all better by itself. Feeling as energetic as ever at age 80.


45 posted on 03/01/2021 6:30:41 AM PST by entropy12 (It is NOT WHO VOTES, it is who COUNTS THE VOTES wins elections...paraphrasing Joe Stalin)
[ Post Reply | Private Reply | To 2 | View Replies]

To: RomanSoldier19

How many with government jobs are going bankrupt?


46 posted on 03/01/2021 7:03:22 AM PST by JohnnyP (Thinking is hard work (I stole that from Rush).)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnnyP

“How many with government jobs are going bankrupt?”

I’ll assume that’s a rhetorical question.

COVID-19 Impact on Federal Recruiting and Hiring: https://gogovernment.org/covid-19/


47 posted on 03/01/2021 7:44:52 AM PST by polymuser (A socialist is a communist without the power to take everything from their citizens...yet.)
[ Post Reply | Private Reply | To 46 | View Replies]

To: wgmalabama
It was GM dealerships as part of Obama’s GM bailout.

I didn't know they were going after GM dealerships too.

48 posted on 03/01/2021 8:03:49 AM PST by Mogger
[ Post Reply | Private Reply | To 41 | View Replies]

To: Alberta's Child
I get that but I see too much of this country bowing down every time they extend these restrictions......What happened to ten days to flatten the curve for health care providers...we did that and it should have ended it all right there. We are well past protecting health care providers....well past. The country and schools need to fully open now and businesses need to be on board that! Just do it!
49 posted on 03/01/2021 8:04:57 AM PST by caww
[ Post Reply | Private Reply | To 38 | View Replies]

To: Mogger

GM definitely had too many retail stores for the amount of market share they had fallen to. But it appeared that the political connections of the dealer principals had a lot to do with who got flushed.

It’s an ongoing problem as there are around 3000 Chevrolet dealers and 1200 Toyota ones. 900 Cadillac stores and 230 for Lexus.


50 posted on 03/01/2021 8:09:49 AM PST by nascarnation
[ Post Reply | Private Reply | To 48 | View Replies]

To: Alberta's Child

Well, I appreciated those same FReepers who started sounding the alarm in mid-December. It was enough to at least catch some attention early on. Many here on FR got their prepping done early before the big announcement to shut-down have two weeks on hand was even a blip on the nation’s radar.

For many though, it was a no choice event. If the boss shut things down...they shut down. My company limped along and was able to operate as essential care workers, but even that still left us with a 80% loss of revenue.

As far as the business coach? Yeah, as we rolled into February last year I couldn’t stand to listen to her overly optimistic predictions. And I have already watched 3 major colleagues either close, file bankruptcy, or radically alter their business models. Many of the under 100,000 crowd were shocked to see that the loans being offered ...while forgivable if you jumped through all the hoops were not dismissible in bankruptcy if you failed. That’s the other shoe many may find themselves wearing thinking a bankruptcy will resolve the loans. Ideally one would payout the payroll, get it forgive, and just close. But few realize that those businesses most likely had other outstanding loans that EIDL or PPP didn’t cover.

Life is about to get very, very interesting for a lot of people.


51 posted on 03/01/2021 10:39:19 AM PST by EBH (Deer in the headlights get killed)
[ Post Reply | Private Reply | To 39 | View Replies]

To: RomanSoldier19
The demonic Klaus Schwab will answer to the LORD soon.

On a side note, I just watched Soylent Green last night (watched it last in the 80's). Was kind of freaky to see the date on the book exposing the evil of the dystopian dictators in the story...things just get weirder and weirder. (And now Bill Gates wants "fake meat"..)

Also, a scene with people wearing masks in the film...

And the "COVID" injections were created by testing them using the cells of aborted children. Which is medical cannibalism.

52 posted on 03/01/2021 2:33:38 PM PST by 444Flyer (John 3, Revelation 20, Joshua 24:15, 1 Kings 18:16-39, Pick a side...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CIB-173RDABN
The virus has never been proven to exist and isolated (outside of a computer generated model). And what happened to the flu, pneumonias, bronchitis etc..?

https://canadafreepress.com/article/covid-the-virus-was-never-proven-to-exist-a-statement-from-dr.-andrew-kaufm

53 posted on 03/01/2021 2:41:16 PM PST by 444Flyer (John 3, Revelation 20, Joshua 24:15, 1 Kings 18:16-39, Pick a side...)
[ Post Reply | Private Reply | To 15 | View Replies]

To: SaveFerris

And I always thought the thief in the night episode would happen when all was “normal”.
Looks like we might have some massive hurt before it happens.


54 posted on 03/01/2021 3:27:10 PM PST by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
[ Post Reply | Private Reply | To 8 | View Replies]

To: Roman_War_Criminal

Well we are getting back to “normal”

Now that you know Orange man bad gone /official propaganda


55 posted on 03/01/2021 4:38:05 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 54 | View Replies]

To: Roman_War_Criminal

“Looks like we might have some massive hurt before it happens.”

The sheeples’ fear is not yet great enough to go full Big Brother on us.

Nuclear winter (1960’s), then anthropomorphic global cooling/ ice age (1970’s), then overpopulation/starvation (1980’s), then global warming/water world (1990’s) didn’t do the trick.

So now Covid19 is the next fear factor. And it’s been combined with intrusive actions — Behavior and travel dictates and rules with penalties, recovery loans with carbon fiber strings, vaccination site tattoo and Health ID in the works. But, there’s still enough unsheeple and open enough comm’s to see through their ploy.

The left/NWO is losing patience in taking full control, and I fear their next fear factor will be something terrible. In the book 1984, it was nuclear destruction.


56 posted on 03/02/2021 7:07:55 AM PST by polymuser (A socialist is a communist without the power to take everything from their citizens...yet.)
[ Post Reply | Private Reply | To 54 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-56 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson