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07-07-2020, 12:37 PM
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#16
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by PaceAdvantage
I'm sure if I said something that might embarrass me, someone here will pull up the posts.
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I have mixed feelings on PPP. In some respects, it's a superior form of the unemployment insurance program. But how in the world were investment advisors eligible for the program? To be clear, I'm blaming Democrats and Republicans for such flaws.
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07-07-2020, 12:44 PM
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#17
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
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It's called politics. It's called the swamp. Something that I heard was SUPPOSED to be draining...
It's a form of PORK...stuff they throw in there for their pals and supporters.
It's been going on forever.
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07-07-2020, 02:26 PM
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#18
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Honesty. Thank you.
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07-07-2020, 02:30 PM
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#19
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
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Quote:
Originally Posted by Saratoga_Mike
Honesty. Thank you.
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You like playing games with me...I get that.
But seriously, what are you thanking me for? Explaining the obvious to you? Something you already knew?
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07-07-2020, 02:36 PM
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#20
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by PaceAdvantage
You like playing games with me...I get that.
But seriously, what are you thanking me for? Explaining the obvious to you? Something you already knew?
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Sorry, I am sarcastic a lot, not this time. I appreciate your honesty, as many Trump supporters won't concede an inch on any issue.
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07-07-2020, 02:44 PM
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#21
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Registered User
Join Date: Jun 2008
Posts: 10,173
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Quote:
Originally Posted by Saratoga_Mike
I'll start.
Money for Kanye West's clothing company. Money for David Boies. Money for Elaine Chao's (McConnell's wife) family. Money for Marc Kasowitz (Trump's lawyer). Money for Madeleine Albright. Money for Grover Norquist (he receives the hypocrisy award). Money for investment advisors (laughable and shameful at the same time). The list is long.
Money for = money received by an affiliated business.
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I wonder how many millions Pace got to keep this website open and in business? 
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07-07-2020, 02:49 PM
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#22
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Registered User
Join Date: Jun 2008
Posts: 10,173
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Quote:
Originally Posted by Saratoga_Mike
I have mixed feelings on PPP. In some respects, it's a superior form of the unemployment insurance program. But how in the world were investment advisors eligible for the program? To be clear, I'm blaming Democrats and Republicans for such flaws.
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I received PPP money and for many reasons the program was not entirely useful to stop the economic freefall we were in. I would not call it a superior form of unemployment insurance. you could lose 20-30% of your workforce and still have everything forgiven. It was free money for many.
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07-07-2020, 02:50 PM
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#23
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by tucker6
I received PPP money and for many reasons the program was not entirely useful to stop the economic freefall we were in. I would not call it a superior form of unemployment insurance. you could lose 20-30% of your workforce and still have everything forgiven. It was free money for many.
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That's the problem - the language was written poorly, allowing for widespread abuses of the program.
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07-07-2020, 04:16 PM
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#24
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,818
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I have a conference call Thursday with SBA trying to cancel my original loan. The bank calculated it wrong and shorted me 135k. They plainly admit they screwed up but “can’t do anything about it now”
I’m going to have to beg the SBA to cancel the first one (fat chance) and then pay back the original (already spent) to get the difference (which is already bank approved) and start over.
So much for small businesses.......being helped
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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07-07-2020, 05:00 PM
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#25
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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Quote:
Originally Posted by Saratoga_Mike
I'll start.
Money for Kanye West's clothing company. Money for David Boies. Money for Elaine Chao's (McConnell's wife) family. Money for Marc Kasowitz (Trump's lawyer). Money for Madeleine Albright. Money for Grover Norquist (he receives the hypocrisy award). Money for investment advisors (laughable and shameful at the same time). The list is long.
Money for = money received by an affiliated business.
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And all of these were signed off by Trump personally?
Seems to be what you are implying. Who did authorize them?
Got that list?
__________________
Who does the Racing Form Detective like in this one?
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07-07-2020, 05:03 PM
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#26
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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Quote:
Originally Posted by Saratoga_Mike
Honesty. Thank you.
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You DO understand this pork was voted on by BOTH parties, right?
Yo DO understand the dems HELD UP the aid by over two weeks to make sure it was signed, right?
__________________
Who does the Racing Form Detective like in this one?
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07-07-2020, 05:03 PM
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#27
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by Tom
And all of these were signed off by Trump personally?
Seems to be what you are implying. Who did authorize them?
Got that list?
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You missed the part where I blamed Dems and Reps. I also said the program was designed poorly. Then PA said this was classic DC behavior (paraphrase), and I agreed with him.
I do have a list of recipients over $150k. You can download it from the SBA website, if you're interested.
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07-07-2020, 05:10 PM
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#29
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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Quote:
Originally Posted by Saratoga_Mike
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Before I waste my time on something I don't care about, is this list show WHO authorized each loan?
__________________
Who does the Racing Form Detective like in this one?
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