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In The Media

Distributed By Thieves Inside The Paycheck Protection Program

by Larry Chiang on April 21, 2020

By Larry Chiang
Running a small business was dangerous. Now, it’s turning morbid. 

Paycheck Protection Program, PPP, 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. 
“Kleptocracy (n): Government by thieves”
– Andreas  (@aantonop)
Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop)
Kleptocracy (n): Government by thieves
The Associated Press found out that 75 companies that received Paycheck Protection Program aid were publicly traded! “PPP was supposed to help small businesses, which typically have less access to quick cash and credit,” said Jonathan Lemire (@JonLemire)
image1.jpegWho gets the PPP Loans
Jonathan Lemire (@JonLemire)
The PPP was supposed to help small businesses, which typically have less access to quick cash and credit.

But at least 75 companies that received the aid were publicly traded, the AP found, and some had market values well over $100 million.  apnews.com/6c5942eec36cc4…


Avoid going bankrupt as a business owner. I do not see how Paycheck Protection Program will help you. 

Ducking bankruptcy is not what they teach you in school. Ducking credit code 9 is not what they teach you in business school. 

Most of the Paycheck Protection Program loans are secret. We are only learning those that were awarded to public companies.

If you know about company that received a PPP loan that didn’t need it, I want to hear from you.
Judd Legum (@JuddLegum)

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