Posted on 05/05/2021 4:49:56 AM PDT by blam
Restaurants and venues owned by white men will be last in line for federal relief under President Joe Biden’s “Restaurants Revitalization Fund” (RRF), prioritizing funds for women and minority groups first.
As part of Biden’s American Rescue Plan Act of 2021, the SBA is opening the application process by which owners of restaurant, bars, and other venues can apply for federal relief to help make up for the loss of revenue as a result of economic lockdowns spurred by the Chinese coronavirus crisis.
The plan allows business owners to apply for relief of up to $10 million per business and no more than $5 million per physical location. Business owners do not have to repay the funds so long as the money is spent by March 2023.
The relief, though, is being prioritized based on race, gender, and whether or not business owners are considered “socially and economically disadvantaged individuals.” White men, for example, who are not Veterans of the United States Armed Forces, are not eligible for “priority period” processing and funding.
Under the guidelines of the RRF, the SBA is giving priority processing and funding to “small business owned by women, veterans, or socially and economically disadvantaged individuals.”
To be eligible, the business must be “at least 51 percent owned by one or more individuals who are women, veterans, or socially and economically disadvantaged and if the management and daily business operations of the applicant are controlled by one or more women, veterans, or socially and economically disadvantaged individual.”
The Biden administration is defining businesses owned by “socially and economically disadvantaged” individuals as those who are:
•Part of an “economically disadvantaged Indian tribe”
•“Subjected to racial or ethnic prejudice or cultural bias”
•Black American
•Hispanic American
•Native American
(snip)
(Excerpt) Read more at breitbart.com ...
More racist policies from the KKK slave owning democrat party..
“I have a dream ....”
Wouldn’t the fact that you’re not eligible for this program make you economically disadvantaged and therefor eligible?
Just to make things “fair”, you understand. Affirmative action for the market place.
Got to keep the POC folk beholden for a hundred years...
Sounds like the definition of systemic racism.
This is the very definition of systemic racism.
It is.
So everybody self-identify as a person of color.
Since there’s no scientific basis for race, who can prove you’re anything other than what you self-identify as?
Problem solved.
It's like Oprah said: Old white people have to die.But who knew she would get a couple of demented old white guys like Cuomo and Biden to do it for her?
Unless these white business owners organize against Demented Joe, I’ll let this reporting roll off my back.
I once posted that 50% of the Brazilian population self-identify as Black.
A Brazilian FReeper came forward and explained to me that Brazil has numerous AA programs and many lie about race to take advantage of the perks.
Illegal and unconstitutional. But no one is going to challenge it, and so they will move on to the next big injustice: reparations.
So here is a scenario, you own your own small business and did everything you could to keep money coming in because Wuhan doesn't stop the bills. Your business was allowed to partially operate because you live in a state of tyranny and you struggled to survive and took a 24% hit you are screwed.
Oprah, shill for anti-white politicians and anti-white gold digging Dutchess Meghan, and her husband Prince Harry. Is Oprah a racist?
I’d like to know which businesses get money ...so I’ll never shop there! 😁
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