PPP Loans taken by Prominent Hobby Figures

[ullmandds]

From where I see it...lots of businesses took PPP money...some of which didn't need it. Some enriched their bank accounts with this $$$$...some spent the money on sports cars and luxury items. I have numerous friends who benefited greatly because of the free $$$$$.

It's part of the reason the economy got so f'ed!

It shouldn't have been given out so freely...imho.

[G1911]

Originally Posted by ullmandds

It shouldn't have been given out so freely...imho.

At first, I thought it was a good idea when the concept was put out there. If the state is going to shut down commerce, they can at least not shove everyone into poverty when they do it. Then I saw the text of how it was actually going to work. The biggest gift in world history?

[Leon]

Originally Posted by ullmandds

From where I see it...lots of businesses took PPP money...some of which didn't need it. Some enriched their bank accounts with this $$$$...some spent the money on sports cars and luxury items. I have numerous friends who benefited greatly because of the free $$$$$.

It's part of the reason the economy got so f'ed!

It shouldn't have been given out so freely...imho.

That's not opinion, that is fact, plain and simple. Every unbiased economist in the world says the same thing, too much money (free handouts with billions and billions in fraud) chasing too few goods.
.

[Leon]

Originally Posted by ullmandds

From where I see it...lots of businesses took PPP money...some of which didn't need it. Some enriched their bank accounts with this $$$$...some spent the money on sports cars and luxury items. I have numerous friends who benefited greatly because of the free $$$$$.

It's part of the reason the economy got so f'ed!

It shouldn't have been given out so freely...imho.

That's not opinion, that is fact, plain and simple. Every unbiased economist in the world says the same thing, too much money (free handouts with billions and billions in fraud) chasing too few goods.
.

[Tabe]

Sports Card Radio are definitely not for everyone. Their style is one that normally drives me nuts. Yet somehow it works for me. Having said that, their actual news and "drama" is usually right on point. They are willing to call out bad behavior that others ignore. And that's needed.

[Peter_Spaeth]

Originally Posted by ullmandds

From where I see it...lots of businesses took PPP money...some of which didn't need it. Some enriched their bank accounts with this $$$$...some spent the money on sports cars and luxury items. I have numerous friends who benefited greatly because of the free $$$$$.

It's part of the reason the economy got so f'ed!

It shouldn't have been given out so freely...imho.

And you wonder why some people think the system is rigged.

[eliotdeutsch]

https://www.federalpay.org/paycheck-protection-program/

[Fred]

Holy crap, that guy on SCRadio doesn't hold back. I have to believe it's true because I couldn't imagine it was false because that would seem to open the guy up for a HUGE law suit.

What was done is just absolutely disgusting. How the hell do people get away with that? Will there be any accountability for any of it?

I'm now done with anything to do with PWCC and Goldin. Not that I did much bidding with them anyway. I guess I was lucky because all the purchases I've made from those businesses were for 19th century cards which most people that visited Goldin probably ignored (which gave me a few nice cards, at very reasonable prices).

[hcv123]

Originally Posted by ullmandds

From where I see it...lots of businesses took PPP money...some of which didn't need it. Some enriched their bank accounts with this $$$$...some spent the money on sports cars and luxury items. I have numerous friends who benefited greatly because of the free $$$$$.

It's part of the reason the economy got so f'ed!

It shouldn't have been given out so freely...imho.

How many of the owners of the same businesses were complaining that WAY too much was given to their unemployed employees??!!