{"id":13089,"date":"2020-04-21T15:44:28","date_gmt":"2020-04-21T19:44:28","guid":{"rendered":"https:\/\/www.duck9.com\/?p=13089"},"modified":"2020-04-22T15:46:33","modified_gmt":"2020-04-22T19:46:33","slug":"distributed-by-thieves-inside-the-paycheck-protection-program","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/distributed-by-thieves-inside-the-paycheck-protection-program\/","title":{"rendered":"Distributed By Thieves Inside The Paycheck Protection Program"},"content":{"rendered":"<div>\n<div dir=\"ltr\">By Larry Chiang<\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\">Running a small business was dangerous. Now, it\u00e2\u20ac\u2122s turning morbid.&nbsp;<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\">Paycheck Protection Program, PPP,&nbsp;was supposed to help small businesses. Instead, money is going to huge corporations. This is the Cantillion Effect Of Money (Printing). Newly printed money has the dynamic of benefiting rich companies first.&nbsp;<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\">\u00e2\u20ac\u0153Kleptocracy (n): Government by thieves\u00e2\u20ac\u009d<\/span><br \/>\n&#8211;&nbsp;<b style=\"background-color: rgba(255, 255, 255, 0)\">Andreas &nbsp;(<a href=\"https:\/\/twitter.com\/aantonop?s=11\">@aantonop<\/a>)<\/b><\/div>\n<div dir=\"ltr\">\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1201322457912795137\/F2IOy2T5_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/td>\n<td><b>Andreas &#x262e; &#x1f308; &#x269b; &#x2696; &#x1f310; &#x1f4e1; &#x1f4d6; &#x1f4f9; &#x1f511; &#x1f6e9; (<a href=\"https:\/\/twitter.com\/aantonop?s=11\">@aantonop<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/aantonop\/status\/1252582996458319872?s=11\">4\/21\/20, 8:00 AM<\/a><\/div>\n<div>Kleptocracy (n): Government by thieves<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\">The Associated Press found out that 75 companies that received&nbsp;Paycheck Protection Program&nbsp;aid were publicly traded! \u00e2\u20ac\u0153PPP was supposed to help small businesses, which typically have less access to quick cash and credit,\u00e2\u20ac\u009d said&nbsp;<\/span><b style=\"background-color: rgba(255, 255, 255, 0)\">Jonathan Lemire (<a href=\"https:\/\/twitter.com\/jonlemire?s=11\">@JonLemire<\/a>)<\/b><\/div>\n<\/div>\n<\/div>\n<img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2020\/04\/image1-20.jpeg\" alt=\"image1.jpeg\" id=\"B60A6C7B-15F9-43BB-A11A-AD840F3C907E\">Who gets the PPP Loans\n<div>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/821908946449473537\/OL9C6H18_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0)\">Jonathan Lemire (<a href=\"https:\/\/twitter.com\/jonlemire?s=11\">@JonLemire<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/jonlemire\/status\/1252563557671149570?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><font color=\"#000000\">4\/21\/20, 6:43 AM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0)\">The PPP was supposed to help small businesses, which typically have less access to quick cash and credit.<\/p>\n<div>\n<p>But at least 75 companies that received the aid were publicly traded, the AP found, and some had market values well over $100 million.&nbsp;&nbsp;<a href=\"https:\/\/t.co\/X9AqNjmua2\">apnews.com\/6c5942eec36cc4\u00e2\u20ac\u00a6<\/a><\/p>\n<\/div>\n<p><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/p>\n<\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\">Avoid going bankrupt as a business owner. I do not see how&nbsp;<\/span><span style=\"background-color: rgba(255, 255, 255, 0)\">Paycheck Protection Program will help you.&nbsp;<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\">Ducking bankruptcy is not what they teach you in school. Ducking credit code 9 is not what they teach you in business school.&nbsp;<\/span><\/div>\n<\/div>\n<div dir=\"ltr\">\n<div><span style=\"background-color: rgba(255, 255, 255, 0)\"><a href=\"https:\/\/www.youtube.com\/watch?v=ejeIz4EhoJ0\">https:\/\/www.youtube.com\/watch?v=ejeIz4EhoJ0<\/a><\/span><\/div>\n<\/div>\n<\/div>\n<p>Most of the Paycheck Protection Program loans are secret. We are only learning those that were awarded to public companies.<\/p>\n<p>If you know about company that received a PPP loan that didn&#8217;t need it, I want to hear from you.<span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><b style=\"caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-family: UICTFontTextStyleBody; font-size: 17px; font-style: normal; font-variant-caps: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.301961); -webkit-text-size-adjust: none; -webkit-text-stroke-width: 0px; text-decoration: none\">Judd Legum (<a href=\"https:\/\/twitter.com\/juddlegum?s=11\">@JuddLegum<\/a>)<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang Running a small business was dangerous. Now, it\u00e2\u20ac\u2122s turning morbid.&nbsp; Paycheck Protection Program, PPP,&nbsp;was supposed to help small businesses. Instead, money is going to huge corporations. This is the Cantillion Effect Of Money (Printing). Newly printed money has the dynamic of benefiting rich companies first.&nbsp; \u00e2\u20ac\u0153Kleptocracy (n): Government by thieves\u00e2\u20ac\u009d &#8211;&nbsp;Andreas &nbsp;(@aantonop) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-13089","post","type-post","status-publish","format-standard","hentry","category-duck-chapter-9-startup-bankruptcy"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/13089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=13089"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/13089\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=13089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=13089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=13089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}