iceberg
Diamond Member
- May 15, 2017
- 36,788
- 14,920
did i say that i insisted it should be?I think it is a mistake to insist that it should be. Can you guess why?This is why we need independent oversight for these vast sums of money going out...100 million in sales and still a "small business"....?
Company With Ties To Trump Receives Millions From Small Business Loan Program
Many businesses have struggled to get any money from the Paycheck Protection Program. But a company owned by a prominent Chicago family received a $5.5 million loan.www.npr.org
While many small businesses have found it difficult or impossible to get one of the Small Business Administration's Paycheck Protection Program loans, a company owned by a prominent Chicago family with close ties to the Trump administration was able to get a $5.5 million loan under the program, according to documents the company filed with the Securities and Exchange Commission on Monday.
U.S. Ambassador to Belgium Ronald Gidwitz, who was appointed in 2018, was then-candidate Donald Trump's campaign finance chair for Illinois in the 2016 presidential campaign. According to filings with the SEC, Gidwitz's family owns the majority of Continental Materials Corp., which secured the 1% interest loan.
Continental Materials makes heating and cooling equipment and construction products. While it had more than $100 million in sales last year, it qualified for the loan because it meets the Small Business Administration's industry-specific "small business" size standards, according to company chief financial officer Paul Ainsworth.
Still, the company's loan is much larger than the typical PPP loan, according to a summary releasedby the Small Business Administration last week. The average loan was just over $200,000, and fewer than 1% of the loans under the program were greater than $5 million.
While the company may qualify as a small business under the PPP program, there are many much smaller businesses that have been unsuccessful in obtaining or even applying for the loans from their banks.
Lets rephrase this. "News organization with ties to the Democrats attacks Trump again while receiving government handouts"
So reporting on Trump in any critical way is...uh...not allowed.Media Trump Hatred Shows In 92% Negative Coverage Of His Presidency: Study
The big TV networks don't hide their contempt for President Trump. So it's no surprise a new study shows 92% of the media's Trump coverage is negative.www.investors.com
Looks like the negative trump news is pretty allowed.
Would you say the news is fairly balanced positive vs negative/critical?
now - what point was i addressing? let me ensure this is clear - i was addressing
"So reporting on Trump in any critical way is...uh...not allowed"
certainly it is alive and well in our media isn't it? so is it a valid argument to someone to say it's "not allowed"?
isn't saying that drama for the sake of drama when obviously not only is it allowed but alive and well at a 93% rate?