20,000 Small Business Survival Loans Go Unprocessed After Pelosi/ Dems Block Funding For US Workers

[Dragonlady]

Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

No

trump did not make that promise

Really:

The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too

and a stronger economy for all

and it was doing good until china attacked us with the wuhan virus

My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.

It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.

Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.

 

[Mac-7]

Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

No

trump did not make that promise

Really:

The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too

and a stronger economy for all

and it was doing good until china attacked us with the wuhan virus

My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.

It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.

Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.

Many families are such low income that they were paying very little taxes to begin with

so yes, not every family saw their disposable income rise $4000

 

[Coyote]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

And not the cruise ship companies who's ships are mostly registered out of the US in order to avoid US taxes!

 

[Coyote]

Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

No

trump did not make that promise

Really:

The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too

and a stronger economy for all

and it was doing good until china attacked us with the wuhan virus

My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.

It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.

Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.

I agree. And that is why I support their strong stand that there must be strong independent oversight. This is a LOT of money flowing out.

 

[Siete]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

And not the cruise ship companies who's ships are mostly registered out of the US in order to avoid US taxes!

right beside the trump family of foreign based businesses -

 

[Mac-7]

Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

No

trump did not make that promise

Really:

The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too

and a stronger economy for all

and it was doing good until china attacked us with the wuhan virus

My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.

It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.

Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.

I agree. And that is why I support their strong stand that there must be strong independent oversight. This is a LOT of money flowing out.

Why not just cut out the middleman and let pelosi dispense the money directly from the House chamber?

this is just another attempt undermine the trump administration

 

[wamose]

As soon as Pelosi and her fellow Democrats split up that money they got from the first bail out, they got out of town. I hear Pelosi is on a chocolate and ice cream binge between her many TV appearances. What an anti American POS.

 

[Mac-7]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

And not the cruise ship companies who's ships are mostly registered out of the US in order to avoid US taxes!

Thats a fair point

foreign companies should not get a penny

but how about foreign auto companies that operate factories in the US using American workers?

the whole idea of helicopter money is a clusterfuck of massive proportions

and the reason why we need to return to work as soon as possible

 

[Oldestyle]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

As I understand it companies can get the loan and if it goes to worker paychecks the loan will be forgiven

if they dont pass it along to the workers then they will be liable

Yes, if they're still in business. But if they're not still in business, it gets added to their bankruptcy, and the workers are still out of pocket. The big issue is there is NO OVERSIGHT, to ensure that they actually do give the money to their workers. Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

The critical issues are ones of oversight, and ensuring that the PEOPLE get money to eat. Trump seems to be putting corporations and the economy ahead of PEOPLE throughout this pandemic. We're now seeing a lot of "What would be an 'acceptable rate of death' to get the economy open again?" questions from conservatives. These are the same people who are still trying to ban abortion, but they're prepared to sacrifice certain portions of the population to the great god, Money.

The economy will go on as long as there are people. People will always have needs and will be willing to barter their skills and talents with others to meet those needs. What may not go on is behemouth corporations who suck up the wealth of the nation at the expense of the health and well being of the PEOPLE.

Americans are being forced to face the reality that a nation that is run solely for the benefit of its corporations and doesn't meet the needs of all of its PEOPLE, will never survive. The Roman Republic lasted for 1000 years because even the most corrupt of its rulers understood that they governed only so long as the PEOPLE, who they called the "Headcount" had their needs tended to. The guys in the taverns with nothing to do but complain about their lives could easily revolt, and the ruling elites could end up with their heads on pikes. It happened early on in the Republic and the elites never forgot it.

The workers need the money, before ANYBODY else. 22,000,000 PEOPLE are unemployed. They've already been dropped from the payrolls, and they need the money FIRST. Businesses can get moratoriums on payments and obligations, PEOPLE need to eat. TODAY.

The preamble of the Constitution begins "WE THE PEOPLE".

So kindly explain why ANYONE is trying to tack other things...like changes to how the States conduct voting...onto a bill to fight a virus?
This is Democrats holding the people hostage...holding up monies that would be going to average people on the street...that would be keeping small businesses IN business...and they're doing it to take advantage of the situation to further their political agenda!

 

[Indeependent]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

No f'in way!

 

[Mac-7]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

As I understand it companies can get the loan and if it goes to worker paychecks the loan will be forgiven

if they dont pass it along to the workers then they will be liable

Yes, if they're still in business. But if they're not still in business, it gets added to their bankruptcy, and the workers are still out of pocket. The big issue is there is NO OVERSIGHT, to ensure that they actually do give the money to their workers. Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

The critical issues are ones of oversight, and ensuring that the PEOPLE get money to eat. Trump seems to be putting corporations and the economy ahead of PEOPLE throughout this pandemic. We're now seeing a lot of "What would be an 'acceptable rate of death' to get the economy open again?" questions from conservatives. These are the same people who are still trying to ban abortion, but they're prepared to sacrifice certain portions of the population to the great god, Money.

The economy will go on as long as there are people. People will always have needs and will be willing to barter their skills and talents with others to meet those needs. What may not go on is behemouth corporations who suck up the wealth of the nation at the expense of the health and well being of the PEOPLE.

Americans are being forced to face the reality that a nation that is run solely for the benefit of its corporations and doesn't meet the needs of all of its PEOPLE, will never survive. The Roman Republic lasted for 1000 years because even the most corrupt of its rulers understood that they governed only so long as the PEOPLE, who they called the "Headcount" had their needs tended to. The guys in the taverns with nothing to do but complain about their lives could easily revolt, and the ruling elites could end up with their heads on pikes. It happened early on in the Republic and the elites never forgot it.

The workers need the money, before ANYBODY else. 22,000,000 PEOPLE are unemployed. They've already been dropped from the payrolls, and they need the money FIRST. Businesses can get moratoriums on payments and obligations, PEOPLE need to eat. TODAY.

The preamble of the Constitution begins "WE THE PEOPLE".

So kindly explain why ANYONE is trying to tack other things...like changes to how the States conduct voting...onto a bill to fight a virus?
This is Democrats holding the people hostage...holding up monies that would be going to average people on the street...that would be keeping small businesses IN business...and they're doing it to take advantage of the situation to further their political agenda!

I dont think she will have a good answer for that question

 

[miketx]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

Bonafide idiot status proven.

 

[colfax_m]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

As I understand it companies can get the loan and if it goes to worker paychecks the loan will be forgiven

if they dont pass it along to the workers then they will be liable

Mostly correct. But you can also spend the loan on rent and utilities for your business too and have it forgiven.

Which raises the question, what if you have a business that is still generating revenue?

 

[Dragonlady]

Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

No

trump did not make that promise

Really:

The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too

and a stronger economy for all

and it was doing good until china attacked us with the wuhan virus

My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.

It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.

Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.

Many families are such low income that they were paying very little taxes to begin with

so yes, not every family saw their disposable income rise $4000

And those are EXACTLY the families who could have most used that $4000. Even worse, those are the families who are suffering most in this pandemic. They're the ones who are least likely to have health insurance, and the most likely to have more than one job, thereby increasing their risk of exposure, and the most likely to have an underlying condition, increasing their risk of death. Those tracking the virus say that you can track the virus by income and by zip code. The poorest areas have the highest rate of both infection and death.

I like the approach of giving money to the workers for now to keep them going, and focus on mitigation until both the rate of infection and the rate of death are both on a downward curve. And then look at what business needs, focusing on small businesses, not mega corporations.

My son-in-law's small business can survive for a couple of months with no income. He already hustling emergency repairs and he has face shields, masks and three kinds of gloves for his crew. But he's only been in business for 4 years, so he doesn't have a big cash cushion to work with. Being able to bring his crew in for a roof replacement will give him money to keep going, and knowing that his workers can receive $500 on weeks he's doesn't have work for them, is a huge assist for now.

Our unemployment insuranc program encourages workers to take temporary work when available. Workers use this to "test drive jobs". If you're on unemployment, you can take a temporary job which could lead to perm, and if you don't like it or they don't like you, only lose your benefits for the time you worked. If I received a full week's wage for work last week, I can receive a full week's EI next week if I don't work at all.

Trudeau has promised financial assistance to companies who keep employees on their payrolls, but I haven't seen any details of that published yet, and I don't think they're finalized. The opposition leader didn't like the program as proposed. My neighbour works for a larger corporation with 3 or 4 locations throughout the Escarpment. His company is still paying him for a 40 hour week, even though he's only working 1/2 days, two or three days a week. If my son in law did that, he'd be out of cash in three weeks.

 

[Mac-7]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

As I understand it companies can get the loan and if it goes to worker paychecks the loan will be forgiven

if they dont pass it along to the workers then they will be liable

Mostly correct. But you can also spend the loan on rent and utilities for your business too and have it forgiven.

Which raises the question, what if you have a business that is still generating revenue?

There are a lot of unanswered questions which is why this program is going to be a mess

 

[Dragonlady]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

Bonafide idiot status proven.

Why, because YOU said so Mike? Have you EVER posted a thoughtful, reasoned response to anything? Or do you just fling shit at those who do?

 

[Mac-7]

Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

No

trump did not make that promise

Really:

The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too

and a stronger economy for all

and it was doing good until china attacked us with the wuhan virus

My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.

It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.

Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.

Many families are such low income that they were paying very little taxes to begin with

so yes, not every family saw their disposable income rise $4000

And those are EXACTLY the families who could have most used that $4000. Even worse, those are the families who are suffering most in this pandemic. They're the ones who are least likely to have health insurance, and the most likely to have more than one job, thereby increasing their risk of exposure, and the most likely to have an underlying condition, increasing their risk of death. Those tracking the virus say that you can track the virus by income and by zip code. The poorest areas have the highest rate of both infection and death.

I like the approach of giving money to the workers for now to keep them going, and focus on mitigation until both the rate of infection and the rate of death are both on a downward curve. And then look at what business needs, focusing on small businesses, not mega corporations.

My son-in-law's small business can survive for a couple of months with no income. He already hustling emergency repairs and he has face shields, masks and three kinds of gloves for his crew. But he's only been in business for 4 years, so he doesn't have a big cash cushion to work with. Being able to bring his crew in for a roof replacement will give him money to keep going, and knowing that his workers can receive $500 on weeks he's doesn't have work for them, is a huge assist for now.

Our unemployment insuranc program encourages workers to take temporary work when available. Workers use this to "test drive jobs". If you're on unemployment, you can take a temporary job which could lead to perm, and if you don't like it or they don't like you, only lose your benefits for the time you worked. If I received a full week's wage for work last week, I can receive a full week's EI next week if I don't work at all.

Trudeau has promised financial assistance to companies who keep employees on their payrolls, but I haven't seen any details of that published yet, and I don't think they're finalized. The opposition leader didn't like the program as proposed. My neighbour works for a larger corporation with 3 or 4 locations throughout the Escarpment. His company is still paying him for a 40 hour week, even though he's only working 1/2 days, two or three days a week. If my son in law did that, he'd be out of cash in three weeks.

We cant refund taxes to families that do not pay taxes

except through the unEarned Income Tax Credit program which should be ended

btw: are you a Canadian?

 

[colfax_m]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

As I understand it companies can get the loan and if it goes to worker paychecks the loan will be forgiven

if they dont pass it along to the workers then they will be liable

Mostly correct. But you can also spend the loan on rent and utilities for your business too and have it forgiven.

Which raises the question, what if you have a business that is still generating revenue?

There are a lot of unanswered questions which is why this program is going to be a mess

I think it's going to be a massive waste of money. They made basically not attempt to find out who actually needs the money and who doesn't. People get money either way. Which is going to result in a lot of business owners pocketing a lot of money just because they can.

But hey, let's throw a few hundred billion more at the problem.

 

[Mac-7]

Which is going to result in a lot of business owners pocketing a lot of money just because they can.

Yes, along with lazy employees sitting home till the helicopter money runs out

but will there by any businesses still alive to hire them when they are ready to work?

 

[iamwhatiseem]

HUGE! 20,000 Small Business Survival Loans
Go Unprocessed on Thursday After Pelosi and
Democrats BLOCK FUNDING to American Workers

Winning hearts, minds, and elections...one disastrous step (for them) and one heart-breaking (for Americans / business owners) at a time......

HUGE! 20,000 Small Business Survival Loans Go Unprocessed on Thursday After Pelosi and Democrats BLOCK FUNDING to American Workers

Democrat Speaker Nancy Pelosi is at home in her San Francisco mansion during the California lockdown doing appearances on late night television while American workers and business owners go broke. As of Thursday Speaker Pelosi would not approve more funding for small business. Last week...

www.thegatewaypundit.com

As usual, you have it backwards, Evgeny. Nancy Pelosi and company are the ones who got the American people the checks that Trumpy is putting his name on. Remember when you were whining about her blocking that bill? Well it had NOTHING in it for American workers at all? Nancy insisted that the money go directly to the American workers.

She's doing it again. Making sure that the money's don't go to hotels and resorts, but rather to the American people in line at the food banks. They're the ones who need the money. Not the corporations who got a 12% tax cut last year.

The Democrats are also making sure that the bailout moneys have oversight. Trump dismantled the oversight the moment it was set up after the last bill. Trump is too dishonest to be given unsupervised access to billions of dollars.

As I understand it companies can get the loan and if it goes to worker paychecks the loan will be forgiven

if they dont pass it along to the workers then they will be liable

Yes, if they're still in business. But if they're not still in business, it gets added to their bankruptcy, and the workers are still out of pocket. The big issue is there is NO OVERSIGHT, to ensure that they actually do give the money to their workers. Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.

The critical issues are ones of oversight, and ensuring that the PEOPLE get money to eat. Trump seems to be putting corporations and the economy ahead of PEOPLE throughout this pandemic. We're now seeing a lot of "What would be an 'acceptable rate of death' to get the economy open again?" questions from conservatives. These are the same people who are still trying to ban abortion, but they're prepared to sacrifice certain portions of the population to the great god, Money.

The economy will go on as long as there are people. People will always have needs and will be willing to barter their skills and talents with others to meet those needs. What may not go on is behemouth corporations who suck up the wealth of the nation at the expense of the health and well being of the PEOPLE.

Americans are being forced to face the reality that a nation that is run solely for the benefit of its corporations and doesn't meet the needs of all of its PEOPLE, will never survive. The Roman Republic lasted for 1000 years because even the most corrupt of its rulers understood that they governed only so long as the PEOPLE, who they called the "Headcount" had their needs tended to. The guys in the taverns with nothing to do but complain about their lives could easily revolt, and the ruling elites could end up with their heads on pikes. It happened early on in the Republic and the elites never forgot it.

The workers need the money, before ANYBODY else. 22,000,000 PEOPLE are unemployed. They've already been dropped from the payrolls, and they need the money FIRST. Businesses can get moratoriums on payments and obligations, PEOPLE need to eat. TODAY.

The preamble of the Constitution begins "WE THE PEOPLE".

No
You are just flat out wrong. PERIOD.
My business in 2008 prior to the collapse, was a $6 million revenue company.
After the collapse, the industry I am in took a HUGE hit. By 2015 over 40% of U.S. printing companies went out of business or were bought up.
We went from 43 employees to 12 by 2014.
How much money did we get to try and save the business by Obama's corporate bail out?? - $0 - . NOTHING. Not one red cent.
Fast forward to now.
Yesterday, thank GOD we received the PPE funding in our bank account. I would have absolutely had to close the business without it.
AND - you are WRONG AGAIN in that "there is no oversight to see of the workers get the money". That is a complete false statement. Within one year I have to provide verifiable payroll statements 90 days prior to receiving funds, and 90 days after receiving the money. To prove that I did not lay off, cut hours etc.