Brain357
Platinum Member
- Mar 30, 2013
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And government giveaways always find their way to the hands of the rich.Right and big businesses didn’t grab up all that small business money.Prove it.Maybe but with no government oversight, they could shower their senior executives with bonuses and/or buy back their stock.Yippee!!!
The American Way - enriching the rich at the expense of everyone else.
$1200 WOW...be happy and STFU!
You might get $1,200 from the $2-trillion stimulus bill. What will special interests get?
Senate Republicans inserted a provision that would permit wealthy investors to use real estate losses to minimize their taxes. The estimated cost of the change over 10 years is $170 billion, according to the New York Times.
“The single largest line item in the stimulus is the nearly $500-billion slush fund for corporations,” Gilbert said. “This money has some guardrails attached but these can be waived if Secretary Mnuchin simply chooses to.”
You might get $1,200 from the $2-trillion stimulus bill. What will special interests get?
“The single largest line item in the stimulus is the nearly $500-billion slush fund for corporations,”
Don't the corporations have to use some of this money to keep paying their employees?
In case you haven’t noticed which seems hard to believe considering it’s prevalence, big corporations often don’t care about their employees particularly their lowest level employees.
Maybe but with no government oversight, they could shower their senior executives with bonuses and/or buy back their stock.
If they can't prove they used the money for employee compensation, the loans must be repaid.
WASHINGTON—Borrowers will be charged just 0.5% interest in the new federally funded loan program to help keep small businesses afloat, and the loans will be forgiven as long as they keep their employees on their payrolls for two months.
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SBA Loans to Charge 0.5% Interest, Can Be Forgiven If Used to Save Jobs
The program offers a good deal for borrowers but raises questions of whether it will be profitable enough to attract the new lenders being sought.www.wsj.com
Some did, based on the headlines.....and?