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Posted: 6/26/2023 4:11:55 PM EDT
[#1]
Business owner Arf was all about capitalism unless we're talking about PPP loans I learned.
Eta I approve of communism as long as my pockets are lined I guess 
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Posted: 6/26/2023 4:13:03 PM EDT
[#2]
IN...This aught to be good.
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Posted: 6/26/2023 4:22:33 PM EDT
[#3]
LOL at the Real Estate companies who had their PPP loans forgiven.
They were making money hand over fist when interest rates went to almost 0. |
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Posted: 6/26/2023 4:22:53 PM EDT
[#4]
Quote HistoryQuoted: Business owner Arf was all about capitalism unless we're talking about PPP loans I learned. Eta I approve of communism as long as my pockets are lined I guess We're not a capitalist country. Many industries are subsidized. Some are bailed out entirely when they fail. I'm not in one of those industries. I didn't vote for it. it passed and the money was going to be taken. I took it. Don't hate the playa, hate the game. |
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Posted: 6/26/2023 4:23:51 PM EDT
[#5]
So does that mean they kept that money, scot free?
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Posted: 6/26/2023 4:25:22 PM EDT
[#6]
Quote HistoryQuoted: We're not a capitalist country. Many industries are subsidized. Some are bailed out entirely when they fail. I'm not in one of those industries. I didn't vote for it. it passed and the money was going to be taken. I took it. Don't hate the playa, hate the game. What’s your stance on student loan forgiveness? |
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Posted: 6/26/2023 4:25:30 PM EDT
[#7]
Quote HistoryQuoted: So does that mean they kept that money, scot free? Ask Marjorie Taylor Green. |
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Posted: 6/26/2023 4:25:33 PM EDT
[#8]
Quote HistoryQuoted: Business owner Arf was all about capitalism unless we're talking about PPP loans I learned. Eta I approve of communism as long as my pockets are lined I guess "Always has been..." Now do Medicare, SS, and Defense spending if you work for .mil and .gov. Everyone has their own sacred bit of government spending that absolutely cannot be touched. |
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Posted: 6/26/2023 4:26:14 PM EDT
[#9]
Quote HistoryQuoted: So does that mean they kept that money, scot free? Sure seems that way, and it looks like interest was forgiven too? |
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Posted: 6/26/2023 4:26:15 PM EDT
[#10]
Quote HistoryQuoted: So does that mean they kept that money, scot free? You had to keep your employees employed. The point of it was to keep people employed. Of course some people bought lambos and were arrested. |
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Posted: 6/26/2023 4:28:36 PM EDT
[#11]
Quote HistoryQuoted: What’s your stance on student loan forgiveness? against. As I was all covid relief. Nothing should have passed, but it did. We can thank Republicans. But if you were 22 year old with 100K college debt, you're telling me you wouldn't take forgiveness out of principal? You would. This is why democracy doesn't work. |
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Posted: 6/26/2023 4:28:42 PM EDT
[#12]
Institutionalized grift.
Some days I feel like a chump for having some ethics. |
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Posted: 6/26/2023 4:30:00 PM EDT
[#13]
Quote HistoryQuoted: Business owner Arf was all about capitalism unless we're talking about PPP loans I learned. Eta I approve of communism as long as my pockets are lined I guess What should you do? Let your money be inflated, but take no handout to at least try to compensate? Or if your business was legitimately impacted by the forced shutdowns and media scare then you just get fucked? |
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Posted: 6/26/2023 4:31:13 PM EDT
[#14]
Absolutely shameful. But there is no shame in this Country anymore.
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Posted: 6/26/2023 4:31:15 PM EDT
[#15]
Quote HistoryQuoted: Institutionalized grift. Some days I feel like a chump for having some ethics. exactly. This is something conservatives need to accept. We have been playing by the rules against people who don't play by rules and then wonder why we lose every time. |
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Posted: 6/26/2023 4:32:31 PM EDT
[#16]
Quote HistoryQuoted: What should you do? Let your money be inflated, but take no handout to at least try to compensate? Or if your business was legitimately impacted by the forced shutdowns and media scare then you just get fucked? What if you’re legitimately impacted by medical or educational expenses? Do you just get fucked then as well? If we accept socialism for one cause, then why not accept it universally? |
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Posted: 6/26/2023 4:33:02 PM EDT
[#17]
Quote HistoryQuoted: What should you do? Let your money be inflated, but take no handout to at least try to compensate? Or if your business was legitimately impacted by the forced shutdowns and media scare then you just get fucked? This was mine. My revenue was fucked because of GD vaxxers |
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Posted: 6/26/2023 4:35:27 PM EDT
[#18]
In this thread we'll see a bunch of blow hards who don't know fuck about shit, ride in on their very tall white horse and tell people who actually drive the economy and produce things how they should bend over and take it from the government as they scrapped the economy, drove up inflation, shredded retirement value.
Not surprising. Pathetic... but no surprise. |
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Posted: 6/26/2023 4:36:13 PM EDT
[#19]
Quoted: "Always has been..." Now do Medicare, SS, and Defense spending if you work for .mil and .gov. Everyone has their own sacred bit of government spending that absolutely cannot be touched. Quoted: What if you’re legitimately impacted by medical or educational expenses? Do you just get fucked then as well? If we accept socialism for one cause, then why not accept it universally? See above. Better start believin in socialist countries. You're in one. 
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Posted: 6/26/2023 4:37:58 PM EDT
[#20]
Quote HistoryQuoted: Institutionalized grift. Some days I feel like a chump for having some ethics. When that shit passed, I knew I should’ve opened my own business . |
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Posted: 6/26/2023 4:38:47 PM EDT
[#21]
Government totally shut
my parents business down during Covid. |
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Posted: 6/26/2023 4:39:14 PM EDT
[#22]
If the money was used properly, it went to employees. Instead of going on unemployment, they stayed employed.
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Posted: 6/26/2023 4:40:17 PM EDT
[#23]
My accountant went through the approval process and got me approved. She thought I was nuts when I told her I didn’t want it. “iT’s fReE MoniES!” She said.
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Posted: 6/26/2023 4:42:09 PM EDT
[#24]
Quote HistoryQuoted: Sure seems that way, and it looks like interest was forgiven too? That was the whole point of the program from the beginning. Govt shuts down your business through no fault of your own, get a zero interest loan that is discharged if you meet the terms |
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Posted: 6/26/2023 4:44:20 PM EDT
[#25]
Quote HistoryQuoted: If the money was used properly, it went to employees. Instead of going on unemployment, they stayed employed. I have to admit, I wasn't expecting a "If socialism was only done the right way it would be OK!" post on Page 1. That's on me. I'm glad you, or whoever else got the money, were able to make payroll. And not have to pay the Treasury back. Guess everyone else has to though. Nice gig if you can get it. |
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Posted: 6/26/2023 4:45:47 PM EDT
[#26]
Quote HistoryQuoted: If the money was used properly, it went to employees. Instead of going on unemployment, they stayed employed. Even if it all worked perfectly, the net benefit wasn't there. Too many inflated documents and took 100s of thousands that their business never would have earned without covid shutdowns. Then add in the businesses who did take the loans, paid their employees, but had almost zero disruption to their businesses. Where did all that cash go? Why should those loans have been forgiven? They were given free operating capital. The whole thing fucked this country sideways while tons of money was transferred into peoples pockets. I am with others....I am about ready to abandon ethics. Why should I play by a pretend set of rules that 99% don't seem to play by. |
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Posted: 6/26/2023 4:45:51 PM EDT
[#27]
Quoted: This is great for sniffing out hypocrites. $790 billion approved $757 billion forgiven https://projects.propublica.org/coronavirus/bailouts/ Love that part of that website, dick holster I worked for at the time took almost 2 million iirc, and layed ever swinging dick off but his immediate family, and lied to everybody about getting the bail out. |
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Posted: 6/26/2023 4:48:40 PM EDT
[#28]
I want to see some vacation home and boat pictures
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Posted: 6/26/2023 4:53:20 PM EDT
[#29]
Quote HistoryQuoted: I have to admit, I wasn't expecting a "If socialism was only done the right way it would be OK!" post on Page 1. That's on me. I'm glad you, or whoever else got the money, were able to make payroll. And not have to pay the Treasury back. Guess everyone else has to though. Nice gig if you can get it. Quote HistoryQuoted: Quoted: If the money was used properly, it went to employees. Instead of going on unemployment, they stayed employed. I have to admit, I wasn't expecting a "If socialism was only done the right way it would be OK!" post on Page 1. That's on me. I'm glad you, or whoever else got the money, were able to make payroll. And not have to pay the Treasury back. Guess everyone else has to though. Nice gig if you can get it. .gov made it impossible for some companies to do business. That makes it a little different than "socialism." Unemployment was going to pay for all of those workers. I'm not saying unemployment is ok, I'm not saying the shutdowns were ok. It just is what it is. My company did get PPP money. If I didn't get the money, I simply would have laid off a few hundred people while we were slow.. Instead I kept people employed. Point is, I don't have a new Ferrari and people kept their paychecks. If that's good or bad is for each person to decide. Personally, our business was in a much better position to bounce back once the mandates were lifted than if we had laid folks off. So if .gov was going to spend the money on unemployment anyways, I think there is a real case to be made that keeping people on payrolls helped the economy bounce back faster than if everyone had to rehire and retrain once the mandates were lifted. It was total FUBAR situation, but of all the mistakes and BS that occurred, I don't think PPP was the problem. I actually think it did help keep economic hardship to a minimum. The best policy would have been not to lock businesses down, but once that occurred, what happened next is the debate I suppose. |
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Posted: 6/26/2023 4:53:25 PM EDT
[#30]
Quote HistoryQuoted: I have to admit, I wasn't expecting a "If socialism was only done the right way it would be OK!" post on Page 1. That's on me. I'm glad you, or whoever else got the money, were able to make payroll. And not have to pay the Treasury back. Guess everyone else has to though. Nice gig if you can get it. Look at the congress critters who personally benefitted from this. Tar and feathers for them all. |
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Posted: 6/26/2023 4:54:08 PM EDT
[#31]
Quote HistoryQuoted: Love that part of that website, dick holster I worked for at the time took almost 2 million iirc, and layed ever swinging dick off but his immediate family, and lied to everybody about getting the bail out. Quote HistoryQuoted: Quoted: This is great for sniffing out hypocrites. $790 billion approved $757 billion forgiven https://projects.propublica.org/coronavirus/bailouts/ Love that part of that website, dick holster I worked for at the time took almost 2 million iirc, and layed ever swinging dick off but his immediate family, and lied to everybody about getting the bail out. Then he's on the hook for it. There've been many businesses busted for this fraud. |
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Posted: 6/26/2023 4:55:18 PM EDT
[#32]
Quote HistoryQuoted: In this thread we'll see a bunch of blow hards who don't know fuck about shit, ride in on their very tall white horse and tell people who actually drive the economy and produce things how they should bend over and take it from the government as they scrapped the economy, drove up inflation, shredded retirement value. Not surprising. Pathetic... but no surprise. What about those of use that gave the finger to the government and rode out the pain? How come the small business owner never gets applauded for their contribution to the pandemic. We fucking kept going. I still wouldn't take a cent of government blood money like PPP. |
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Posted: 6/26/2023 4:57:38 PM EDT
[#33]
Mine is listed and accurate.
With the lockdowns my sales dropped by 60%. Had to close one of three locations and consolidate, sold assets and stopped taking my own paycheck, then had to innovate new and expensive systems to keep customers spending money, all to make sure my employees were taken care of and my business would survive. I took the money because there was no end in sight at the time and I don't regret it. I got back way less than one year of my tax bill, and way less than I would have made if they hadn't decided to shut the world down. I see no shame in any of this. |
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Posted: 6/26/2023 5:01:28 PM EDT
[#34]
Quote HistoryQuoted: Even if it all worked perfectly, the net benefit wasn't there. Too many inflated documents and took 100s of thousands that their business never would have earned without covid shutdowns. Then add in the businesses who did take the loans, paid their employees, but had almost zero disruption to their businesses. Where did all that cash go? Why should those loans have been forgiven? They were given free operating capital. The whole thing fucked this country sideways while tons of money was transferred into peoples pockets. I am with others....I am about ready to abandon ethics. Why should I play by a pretend set of rules that 99% don't seem to play by. The country was fucked before that, but yeah. Just another nail in the coffin. The "problem" was the haste in which the whole thing was put out. There weren't a ton of rules and everything was approved. A few got caught with fake businesses and moon lambos, but i'm sure many did not. Most likely used it as it was intended, as i did. |
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Posted: 6/26/2023 5:01:33 PM EDT
[#35]
Looks like my old employer got $20k......that I never seen trickle down
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Posted: 6/26/2023 5:03:17 PM EDT
[#36]
Quote HistoryQuoted: You had to keep your employees employed. The point of it was to keep people employed. Of course some people bought lambos and were arrested. Quote HistoryQuoted: Quoted: So does that mean they kept that money, scot free? You had to keep your employees employed. The point of it was to keep people employed. Of course some people bought lambos and were arrested. I searched by name for a couple contractors I've worked with/for.. they were very busy with contracted construction work at the time in an industry that was mostly given a pass (we never shut the office down for rice rabies). These guys both had no problem keeping the doors open, yet received millions in "loans" it seems. And its all legit just because they kept their persona/business money in the bank, while they spent the PPP $ to pay their normal payroll/overhead bills with. Beyond messed up. One of them was just saying how he was in the process of buying a jet. The other one owner/developed a new (unoccupied right now) warehouse building, and a new office building. |
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Posted: 6/26/2023 5:04:29 PM EDT
[#37]
Quote HistoryQuoted: What should you do? Let your money be inflated, but take no handout to at least try to compensate? Or if your business was legitimately impacted by the forced shutdowns and media scare then you just get fucked? Quote HistoryQuoted: Quoted: Business owner Arf was all about capitalism unless we're talking about PPP loans I learned. Eta I approve of communism as long as my pockets are lined I guess What should you do? Let your money be inflated, but take no handout to at least try to compensate? Or if your business was legitimately impacted by the forced shutdowns and media scare then you just get fucked? If you got shutdown I could understand but majority of people who I personally know that took ppp had way more business during covid. The PPP was the cherry on top. It was like getting extra groceries and then taking foodstamps for them. My business took off during covid and I didn't need ppp. |
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Posted: 6/26/2023 5:05:30 PM EDT
[#38]
Guy I work for has 2 employees. He got $17k. Pocketed it and told us work was the safest place. Fucker
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Posted: 6/26/2023 5:06:05 PM EDT
[#39]
I posted this a loooong time ago. I was appalled/surprised by some of the company names I saw.
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Posted: 6/26/2023 5:06:29 PM EDT
[#40]
Quote HistoryQuoted: What about those of use that gave the finger to the government and rode out the pain? How come the small business owner never gets applauded for their contribution to the pandemic. We fucking kept going. I still wouldn't take a cent of government blood money like PPP. You want people to clap for you? You're not going to draw social security? Did you or any of your family go to public school? |
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Posted: 6/26/2023 5:06:34 PM EDT
[#41]
Quote HistoryQuoted: What about those of use that gave the finger to the government and rode out the pain? How come the small business owner never gets applauded for their contribution to the pandemic. We fucking kept going. I still wouldn't take a cent of government blood money like PPP. Quote HistoryQuoted: Quoted: In this thread we'll see a bunch of blow hards who don't know fuck about shit, ride in on their very tall white horse and tell people who actually drive the economy and produce things how they should bend over and take it from the government as they scrapped the economy, drove up inflation, shredded retirement value. Not surprising. Pathetic... but no surprise. What about those of use that gave the finger to the government and rode out the pain? How come the small business owner never gets applauded for their contribution to the pandemic. We fucking kept going. I still wouldn't take a cent of government blood money like PPP. It's YOUR OWN MONEY. The government DOESN'T HAVE ANY MONEY. They confiscate YOUR MONEY. On top of taking your money, they've intentionally devalued the money they let you keep. Taking the "high road" has fucked principled conservatives in the ass for 50 years. |
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Posted: 6/26/2023 5:07:59 PM EDT
[#42]
Quote HistoryQuoted: If you got shutdown I could understand but majority of people who I personally know that took ppp had way more business during covid. The PPP was the cherry on top. It was like getting extra groceries and then taking foodstamps for them. My business took off during covid and I didn't need ppp. Well, then there was fraud. You didn't qualify for PPP unless your sales tanked. You had to show financials to get approved. Anyone whose business stayed the same or grew didn't qualify. I hear people say things like the quote and it's just anger I think. People assume companies were busy, but they weren't. |
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Posted: 6/26/2023 5:09:28 PM EDT
[#43]
Quoted: You want people to clap for you? You're not going to draw social security? Did you or any of your family go to public school? Quoted: It's YOUR OWN MONEY. The government DOESN'T HAVE ANY MONEY. They confiscate YOUR MONEY. On top of taking your money, they've intentionally devalued the money they let you keep. Taking the "high road" has fucked principled conservatives in the ass for 50 years. These two comments contradict each other. |
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Posted: 6/26/2023 5:12:30 PM EDT
[#44]
Quote HistoryQuoted: Well, then there was fraud. You didn't apply for PPP unless your sales tanked. You had to show financials to get approved. Anyone whose business stayed the same or grew didn't qualify. Quote HistoryQuoted: Quoted: If you got shutdown I could understand but majority of people who I personally know that took ppp had way more business during covid. The PPP was the cherry on top. It was like getting extra groceries and then taking foodstamps for them. My business took off during covid and I didn't need ppp. Well, then there was fraud. You didn't apply for PPP unless your sales tanked. You had to show financials to get approved. Anyone whose business stayed the same or grew didn't qualify. I call bullshit on this. I am going to take flack for this but search Austin Precision Products on this link. ~1.4 million. Did it go to employees, I am absolutely sure it did. But that business didnt slow a single fucking lick (other than back end supply issues) do to covid. Hell they havent been able to keep up with order before, through, and after covid. Maybe the initial 2 wk shut down but with gov contracts it was easy to be labeled a critical business and keep your doors open. I accept the unknowns and the initial desire to go after these loans, but why the forgiveness. That is where is all becomes a grift. This is not an isolated incident, there are millions of businesses who ended up on the same path. |
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Posted: 6/26/2023 5:12:39 PM EDT
[#45]
Quote HistoryQuoted: If you got shutdown I could understand but majority of people who I personally know that took ppp had way more business during covid. The PPP was the cherry on top. It was like getting extra groceries and then taking foodstamps for them. My business took off during covid and I didn't need ppp. Quote HistoryQuoted: Quoted: Quoted: Business owner Arf was all about capitalism unless we're talking about PPP loans I learned. Eta I approve of communism as long as my pockets are lined I guess What should you do? Let your money be inflated, but take no handout to at least try to compensate? Or if your business was legitimately impacted by the forced shutdowns and media scare then you just get fucked? If you got shutdown I could understand but majority of people who I personally know that took ppp had way more business during covid. The PPP was the cherry on top. It was like getting extra groceries and then taking foodstamps for them. My business took off during covid and I didn't need ppp. Government is causing your groceries to double in price and your retirement value has been drastically cut because the buying power of your dollar was slashed. You're advocating to just suck it up and take it because, "Stiff upper lip, tally ho, carry on"? |
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Posted: 6/26/2023 5:13:03 PM EDT
[#46]
The electrical company I worked for at the time got about 200k in loans forgiven. We worked every day of the pandemic because houses continued to fly up. There was no wait and see whats going on when people first started getting sick it was get back to work.
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Posted: 6/26/2023 5:13:11 PM EDT
[#47]
Quote HistoryQuoted: I want to see some vacation home and boat pictures My SIL got $17,000. They bought a $1.3 million house and about 40 acres last year. All I got was a work email telling me I had to get the shot. I didn't get it. |
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Posted: 6/26/2023 5:13:29 PM EDT
[#48]
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Posted: 6/26/2023 5:15:29 PM EDT
[#49]
Quote HistoryQuoted: These two comments contradict each other. Quote HistoryQuoted: Quoted: You want people to clap for you? You're not going to draw social security? Did you or any of your family go to public school? Quoted: It's YOUR OWN MONEY. The government DOESN'T HAVE ANY MONEY. They confiscate YOUR MONEY. On top of taking your money, they've intentionally devalued the money they let you keep. Taking the "high road" has fucked principled conservatives in the ass for 50 years. These two comments contradict each other. No. Taking money or services which you have, or will pay for can be stated or done in different ways. |
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Posted: 6/26/2023 5:17:20 PM EDT
[#50]
So who came up with those programs?
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