Quote from: squatz1 on April 30, 2020, 02:49:06 AM

Quote from: TwitchySeal on April 30, 2020, 02:42:29 AM

Quote from: squatz1 on April 30, 2020, 02:22:59 AM

Been reading a good amount about the massive $2.2 trillion stimulus package. People are praising Congress for getting it done so quickly, as it is pretty crazy they were able to agree on something like this so swiftly. The issue is in what really matters, which is the execution of the bill itself.

The big part of the stimulus package was the Paycheck Protection Loan (PPL) which has been under fire recentley for giving too much freedom to the banks to not be equal in their processing of applications. In simple terms, banks were processing the applications of their wealthier clients first. There's also the issue of big companies receiving the PPL, when small businesses were heavily left behind.

Real shit show.

And then Trump and Mnuchin acted surprised and offended that rich people would dare take as much free federal money as the rules allowed.

That's going to be funny scene in a movie one day.

Oh that part is the part that's annoying me. It's also on the members of congress who wrote this bill and passed it, as they're also complicit in this happening as well. Everyone in Congress (and Trumps office) knows that you could've set stricter limits on this program but they didn't do it on purpose. Sigh.

Hopefully people that truly do need it get this money, instead of some huge companies that really are just trying to starve out the competition (smaller businesses) of funds that they needed yesterday.

Let me know when you hear of someone that truly did need it who got it.