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04-29-2020, 12:42 PM | #25696 |
Now you've pissed me off!
Join Date: Jan 2006
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Posts: 74,973
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04-29-2020, 12:43 PM | #25697 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
This is about keeping businesses, most viable, who are being forced into an unsustainable state or less than viable state by the local government. So you can pay to help these businesses through this or you can pay a ton in unemployment benefits and deal with an even shitier economy. |
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Posts: 129,664
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04-29-2020, 12:43 PM | #25698 |
Needs more middle fingers
Join Date: Mar 2005
Location: San Diego
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WTF did i stumble upon.
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Posts: 65,805
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04-29-2020, 12:44 PM | #25699 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Posts: 129,664
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04-29-2020, 12:48 PM | #25700 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Posts: 44,145
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04-29-2020, 12:49 PM | #25701 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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And just so some are clear a lot of the deferrals by banks for loans are not being tacked onto the end of the loans. They are being deferred for 3 months with the expectation that at month 4 not only do you owe the payment for month 4 but also for months 1-3.
So again, you put people out of work and then expect them to come up with a shit ton of money. We are going to see an economic impact like we have never seen if we are not careful. |
Posts: 129,664
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04-29-2020, 12:50 PM | #25702 | |
Now you've pissed me off!
Join Date: Jan 2006
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Quote:
So let's break our options down: Option A): Everything stays closed indefinitely Option B): Everything opens up without restriction Option C): Things open up gradually and businesses are offered protection/forgiveness for a portion of their costs You're acting like Option C isn't there, pete. It is. There have been issues with disbursement, but it's not like every single small business was told to get ****ed, either. |
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Posts: 74,973
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04-29-2020, 12:50 PM | #25703 |
Diablo Negro
Join Date: Sep 2003
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Posts: 72,143
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04-29-2020, 12:52 PM | #25704 |
Hockey Town
Join Date: Apr 2005
Location: Kansas City, Missouri
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Posts: 112,945
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04-29-2020, 12:56 PM | #25705 |
Diablo Negro
Join Date: Sep 2003
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Posts: 72,143
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1 0 |
04-29-2020, 12:57 PM | #25706 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
Again, you are not reading what I said at all. In fact you just made my ****ing point and don't even get it. |
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Posts: 129,664
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04-29-2020, 01:02 PM | #25707 | |
Now you've pissed me off!
Join Date: Jan 2006
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Quote:
How can 700,000 businesses apply for options that don't exist? Is covering a loan for six months itself not a form of aid? |
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Posts: 74,973
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04-29-2020, 01:05 PM | #25708 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
No one said they didn't exist. READ! You are not ****ing reading a god damn thing. |
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Posts: 129,664
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04-29-2020, 01:07 PM | #25709 | |
Now you've pissed me off!
Join Date: Jan 2006
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Quote:
The loans were opened back up on Monday. People applied for those loans. That money is going to be disbursed within two weeks. After that the money is gone, but it doesn't mean that aid was not disbursed. Why is that so hard to understand? Is aid that was disbursed on the first round not aid? Is aid that is going to be disbursed in a few weeks not aid? |
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Posts: 74,973
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04-29-2020, 01:11 PM | #25710 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
And while Mnuchin is saying no more my Wife just informed me the banks are starting to press already for round 3 because their customers are not going to make it. |
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Posts: 129,664
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