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We're dropping money from helicopters and people are scared of incipient socialism (Original Post) DemocratSinceBirth Apr 2020 OP
As God is my witness...I thought that Turkey wouldn't crash us into the ground underpants Apr 2020 #1
lol! happybird Apr 2020 #2
They tell us they are sending us money, but where is it? SoonerPride Apr 2020 #3
Aside from the portion that trump is attempting to steal dickthegrouch Apr 2020 #4

SoonerPride

(12,286 posts)
3. They tell us they are sending us money, but where is it?
Fri Apr 10, 2020, 12:06 PM
Apr 2020

Not just the individual money, but small business loans, etc.
Where is this 2 trillion dollars?

No one I know has seen a dime of it.

I run a small business and have sent emails to all of our small business clients, and over 100 o them have applied for the small business assistance loans and no one has seen any money.

No tests.
No money.
No plan.
No way to run a country.

dickthegrouch

(3,169 posts)
4. Aside from the portion that trump is attempting to steal
Fri Apr 10, 2020, 03:32 PM
Apr 2020

The banks are utterly overwhelmed by applications because every business is applying to every bank, in the hopes that at least one approves the money before any validation is in place.
The banks are performing risk assessment on those applications with no real data on how many or which of the businesses will survive with the loan.
They don’t want to make boneheaded decisions and are being careful how they play this out.
Of course the government has given no guidance at all. It’s all very well to say this money is available, everyone has a responsibility to safeguard it as much as possible and at least be ethical about the way they handle even when there are no other rules to play by.

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