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04-18-2020, 08:03 PM | #1 | |
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Re: Coronavirus (political)
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04-19-2020, 09:32 AM | #2 | |
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Re: Coronavirus (political)
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04-18-2020, 02:23 PM | #3 | |
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Re: Coronavirus (political)
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Glad you responded because I did want to know, because of the field you work in...do you think a person who has antibodies, does that equal immunity? And what do you think about time table of a treatment available?
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04-18-2020, 08:01 PM | #4 |
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Re: Coronavirus (political)
What a damn good show. Haven't seen this episode in a long time.
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04-18-2020, 08:47 PM | #5 |
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Re: Coronavirus (political)
How could this be? What the banker discovered was that with less than 500 employees, financial firms and other high-end businesses are technically qualified for low-interest federally guaranteed loans under the broad parameters of the government's Payroll Protection Program (PPP).
And many were sending applications to his bank for the cash, as much as $10 million in the form of a forgivable loan, even if these weren't the types of small businesses Washington was looking to aid. Even worse, the hedge funds and brokerage businesses were in effect taking money that should be earmarked for businesses that can barely survive in a time of social distancing and quarantines. These companies have been forced to lay off workers just to make rent, while many banks were prioritizing loans on a first-come, first-served basis and giving priority to their best customers. That means hedge funds and financial firms with deep pockets and significant banking relationships could be getting the money ahead of the local coffee shop. https://www.foxbusiness.com/money/st...nds-brokerages Ive read several articles today, all say the same thing. PPP money is going to hedge funds and companies still making money and not needing to lay people off vs Main Street actual small businesses. I also read there was some language that tried to exclude certain hedge funds by saying their investors count towards the 500 employee cap. This needs to be fixed. Republican or Democrat, this is a problem and needs to be fixed before they give Wall Street money over Main Street. Thank you Mrs. Pelosi and Mr. Schumer for trying to make sure the help actually gets to needy.
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04-19-2020, 08:14 AM | #6 | |
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Re: Coronavirus (political)
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BAM! mike drop! This is what it is all about .
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04-19-2020, 12:34 PM | #7 |
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Re: Coronavirus (political)
Lol the “help that gets to the needy”
FFS, small business owners are the hardest working people in the country to insult them as needy...lol. We are trying to subsidize their employees wages, rent, etc...we want them to keep paying there workers and not layoff in order to get over a 2 month hump.
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04-19-2020, 12:29 PM | #8 | |
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Re: Coronavirus (political)
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Also before approvals are being completed, required aml/kyc info must be reviewed and up to date to ensure it is correct to ensure reporting and data management...oversight. Partnership with the fed govt has been strong and it was several 7 day work weeks to execute it. While this is headline grabbing it doesn’t speak to the truth to the hardwork being done to meet client needs in desperate times. Like I’ve stated, this really isn’t about ppp, trying to tack on agenda items that have nothing to do with the program. Wanting more regulatory actions where it’s not needed is Substantially hurting more small business owners than helping. Sunyside, your intentions are good, but you're simply wrong if you think folks are being left out because of biases in the most heavily regulated industry in the country.
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04-19-2020, 10:34 AM | #9 |
\m/
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Coronavirus (political)
Nothing more dumb right now than people out protesting the stay at home orders, like seriously WTF
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04-19-2020, 12:30 PM | #10 |
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Re: Coronavirus (political)
Agree
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04-19-2020, 12:37 PM | #11 | |
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Re: Coronavirus (political)
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Minimum wage was $2.90 an hour in 1979 when I was accepted in as a machinist apprentice and paid $5.85 an hour. About the only skill I had for the job was being a whiz at math. With a 45 hour work week which was industry standard, one week's take home wages paid my rent and I had no roommates kicking in. Fast forward to the present, the entry level jobs like I took 40 years ago now pay minimum wage, plus housing costs have increased over and above the rate of inflation. Today that trainee job I took at a 45 hour a week will return $345 weekly less taxes. If anyone can rent a whole apartment monthly for that week's pay, raise your hand. While I am disgusted with young people who grow up slow and whose life revolves around video games and constant attention to their cell phones, I will admit some things are harder on them than in past generations. |
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04-19-2020, 03:33 PM | #12 |
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Re: Coronavirus (political)
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04-19-2020, 04:57 PM | #13 |
Gamebreaker
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Re: Coronavirus (political)
..........that has nothing to do with this..........................
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04-19-2020, 06:35 PM | #14 |
\m/
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Re: Coronavirus (political)
Yeah I don’t want to hear anyone who is in favor of prematurely reopening the economy even if it costs lives call themselves pro life ever again Sent from my iPhone using Tapatalk |
04-19-2020, 07:28 PM | #15 |
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Re: Coronavirus (political)
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