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Started By
Message
The amount of scamming for covid PPP loans was/is unbelievable
Posted on 1/31/24 at 7:55 am
Posted on 1/31/24 at 7:55 am
23
Posted on 1/31/24 at 7:57 am to tiggerthetooth
It's an insane amount of fraud.
and as of Oct 2022, 755 BILLION of it was forgiven. Borrowers don't have to pay it back. It might be over a trillion by now.....
LINK
and as of Oct 2022, 755 BILLION of it was forgiven. Borrowers don't have to pay it back. It might be over a trillion by now.....
LINK
This post was edited on 1/31/24 at 8:11 am
Posted on 1/31/24 at 7:59 am to tiggerthetooth
Yeah shite was rampant.
Also many small businesses that had been cheating on their taxes for years had a little comeuppance when it was based on previous year returns.
Also many small businesses that had been cheating on their taxes for years had a little comeuppance when it was based on previous year returns.
Posted on 1/31/24 at 7:59 am to tiggerthetooth
All with printed money. We’re all paying for them now.
Posted on 1/31/24 at 8:03 am to tiggerthetooth
2020 was the year of Kangz and kwangz.
Posted on 1/31/24 at 8:04 am to The Mick
quote:
and as of Oct 2022, 755 TRILLION of it was forgiven. Borrowers don't have to pay it back. It might be over a quadrillion by now.....
We did not give out $755 Trillion in PPP loans. It was approximately $750 Billion. A shiite ton of money but no where near a quadrillion
Posted on 1/31/24 at 8:05 am to Honest Tune
Ultimately we all pay for it in the end
Sad reflection on society
Sad reflection on society
Posted on 1/31/24 at 8:06 am to The Mick
Lol 77 trillion. Us has over 30 trillion in debt
Posted on 1/31/24 at 8:06 am to tiggerthetooth
Our reaction to covid was so retarded. It would've been better to just let a few million fat fricks and old people die than to shut down the economy for a couple years.
Posted on 1/31/24 at 8:07 am to Ten Bears
quote:Guess I'm reading it wrong, check out the link I posted. Thats straight from the SBA website.
We did not give out $755 Trillion in PPP loans. It was approximately $750 Billion. A shiite ton of money but no where near a quadrillion
Posted on 1/31/24 at 8:07 am to slackster
quote:
Also many small businesses that had been cheating on their taxes for years had a little comeuppance when it was based on previous year returns.
A.k.a. fishermen and shrimpboat captains in the south.
The fraud was not only rampant, but the government didn't seem to give a single shite about it either. It's no wonder that people nowadays expect handouts for everything....because the government gives it to them with little to no repercussion.
Meanwhile some honest mom-and-pop business that actually needed the financial assistance likely got tagged by the IRS to be audited after they got their PPP loans.
Posted on 1/31/24 at 8:09 am to The Mick
quote:
and as of Oct 2022, 755 TRILLION of it was forgiven. Borrowers don't have to pay it back. It might be over a quadrillion by now.....
Woof. Count those commas again bro.
Posted on 1/31/24 at 8:09 am to Scuttle But
quote:
few million fat fricks die
The CVD epidemic has barely even started. Fat fricks will be dropping by the millions for decades to come.
Posted on 1/31/24 at 8:11 am to The Mick
The PPP money is gone. The fraud will never really be dealt with.
The battle is the EIDL LOANS and whether the SBA turns those over and pursues collection with finance department - Treasury (holding SS payments and benefits, tax refund holding, reporting on credit, etc) or they get ignored.
$62 BILLION past due right now.
The battle is the EIDL LOANS and whether the SBA turns those over and pursues collection with finance department - Treasury (holding SS payments and benefits, tax refund holding, reporting on credit, etc) or they get ignored.
$62 BILLION past due right now.
This post was edited on 1/31/24 at 8:15 am
Posted on 1/31/24 at 8:11 am to slackster
quote:edited.
Woof. Count those commas again bro.
retard
(me)Posted on 1/31/24 at 8:12 am to tiggerthetooth
quote:
Scam the frick out those PPP loans, we need reparations anyways. I hope y'all getting every dollar possible out this crooked, racist arse government
Imagine how stupid you have to be to actually believe that.
This post was edited on 1/31/24 at 8:13 am
Posted on 1/31/24 at 8:13 am to slackster
Some people got no integrity or shame. It’s a problem.
Posted on 1/31/24 at 8:13 am to tiggerthetooth
As scammy as it was, in my opinion, you have to accept the bullshite with the real help.
Let’s just say there was 40% fraud.
Well that other 60% saved the country.
If gov is going to force business to close, and the people support that, then the gov and the people have a duty to give a lifeline for business to see through that closure.
And then accept that X number of people will try to find ways to scam it.
Let’s just say there was 40% fraud.
Well that other 60% saved the country.
If gov is going to force business to close, and the people support that, then the gov and the people have a duty to give a lifeline for business to see through that closure.
And then accept that X number of people will try to find ways to scam it.
Posted on 1/31/24 at 8:19 am to jbird7
They are professional victims. Of course they believe that.
Posted on 1/31/24 at 8:20 am to Meauxjeaux
quote:
As scammy as it was, in my opinion, you have to accept the bullshite with the real help.
Let’s just say there was 40% fraud.
Well that other 60% saved the country.
If gov is going to force business to close, and the people support that, then the gov and the people have a duty to give a lifeline for business to see through that closure.
And then accept that X number of people will try to find ways to scam it.
While you're right the rampant inflation afterwards included with the rampant fraud completely negated all the benefits. The American government is a scam.
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