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Half of the pandemic's unemployment money may have been stolen
https://www.axios.com ^
| JUN 10, 2021
| Felix Salmon, author of Capital
Posted on 06/10/2021 7:54:37 AM PDT by Red Badger
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To: Red Badger
Half? I bet more like 80%!
21
posted on
06/10/2021 10:50:35 AM PDT
by
Deplorable American1776
(I'm the one trying to save American Democracy...Donald Trump 6/5/21 at the NCGOP convention)
To: Red Badger
That money then gets transferred abroad, often via bitcoin. Bitcoin hitting $60k recently is probably an unrelated coincidence...
22
posted on
06/10/2021 11:19:46 AM PDT
by
Moltke
(Reasoning with a liberal is like watering a rock in the hope to grow a building.)
To: Red Badger
A friend of my Wife is Married to a Lawyer.
He is in CA and specializes in Employee Civil Law. His Practice was decimated by the Kung Flu because the Courts were pretty much shut down. He has worked out of his Home Office for years.
Somehow, he received around $200,000 in various low Interest SBA Loans and some of that debt may be forgiven when all of this is said and done. I think the Loans are Amortized over twenty Years with Interest Rates of 2.5% or so from what I was told.
What a frigging racket.
23
posted on
06/10/2021 11:26:53 AM PDT
by
Kickass Conservative
(Trump - Make America Great Again / Xiden - Make America Grovel Again...)
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