…An organization that holds opulent galas to raise money for foreign soldiers, received a forgivable federal loan of somewhere between $2 million to $5 million, while numerous American mom-and-pop businesses applied in vain for the coronavirus relief program.
Comment by tonytran2015: Everywhere residents are often neglected by locally elected politicians who are only interested in trendy politics, their own marketing and personal (undisclosed) financial interests. “Local Governments” are often useless and wasteful of public money, they should be abolished as they are of the optimal size to breed corruption (being powerful enough for planning decisions but too small for corruption watch).
…The town and surrounding districts have created their
own incorporated body which now has nearly 800 members, in a town of
Mallacoota lies at the edge of the East
Gippsland Shire, nearly three hours from the local council headquarters
in Bairnsdale. Ms Harwood said the town had a difficult relationship
with the council.
“We have felt that we are not
always at the forefront of the shire’s decision-making process, which is
why the town running its own recovery was so important,” she said.
Democrat state parties and political consulting firms took Paycheck Protection Program (PPP) loans totaling millions of dollars, even though political organizations are not eligible to get the coronavirus emergency funds.…
On one level it’s a funny story of a long-departed feline friend that the Democrat Party is trying to register to vote. On another level it’s a not-so-funny story of how a long-departed feline friend is being registered by the Democrat Party to vote. How many times is this now happening as the 2020 election…
… Ethics watchdogs criticized the money-grab by campaign consultants, noting that the program was intended to benefit small companies that are struggling from the economic fallout of the coronavirus pandemic.
“We knew this would happen as programs like PPP tend to benefit well-connected individuals and firms, leaving the neediest scrambling for the scraps connected firms left behind,” said Tom Anderson, director of the National Legal and Policy Center’s Government Integrity Project.
Omar has previously been criticized for paying fees to Tim Mynett’s consulting firm when they were rumored to be in a romantic relationship. Mynett and Omar would later divorce their respective spouses and marry. Omar has given Mynett a total of more than $878,000 since 2018. That includes $189,000 just weeks after the couple announced they were married, according to media reports citing data from the Federal Election Commission (FEC).
What should upset voters the most is that (so long as the payment reflect a very generous standard of market rates) this is all perfectly legal under the laws designed by politicians for themselves.
I have long been a critic of such use of campaign funds for family members, but both parties have long engaged in the practice. I have been a vocal critic of such nepotism by members of Congress as well as nepotism in the Trump Administration. The Trump campaign also pays the President’s family members or “significant others” ample salaries.
A centerpiece of US President Donald Trump’s economic relief program was under renewed scrutiny Tuesday following revelations it aided white-shoe lobbying firms and businesses linked to Kanye West and other billionaires.
… recipients of Paycheck Protection Program (PPP) loans included the PF Chang’s restaurant chain and businesses linked to several members of Congress, according to US media reports….
The program provides forgivable loans to coronavirus-impacted small businesses to cover employee salaries and some expenses…
Architects of the program at the US Treasury Department and Small Business Administration emphasized the need to make money immediately available to embattled companies.
That led to heavy criticism after large, publicly traded firms such as Ruth’s Chris steakhouse snagged loans from the program, which had been pitched as a savior for mom-and-pop businesses.
The Treasury Department subsequently tightened the rules to exclude larger companies with access to funds from public markets.
The Trump administration defended the program Monday as it released identifying data on firms accounting for about 75 percent of the more than $520 billion lent so far. The administration had resisted releasing the information, but relented following bipartisan calls for transparency
… As the Westminster revolution appears to be under way, unearthed reports reveal how Whitehall departments sparked outrage in 2013, as it emerged they were subsidising the taxes on benefits such as official cars, first class rail travel and rent-free accommodation.
Yesterday, the Small Business Administration released data on which businesses received forgivable loans under the Paycheck Protection Program (PPP) in amounts between $150,000 and $10 million….
…Now, you can find out yourself, zip code by zip code, with an
interactive tool we’ve built on our government transparency website…
Here is just a sample of our findings from the overall database:
- 43,815 restaurants across America received between $13.6 billion and $32.7 billion.
- 31,559 dentists and physician offices received between $9.9 billion to $24.3 billion. The world’s most famous cosmetic dentist –
Dr. Bill (William) Dorfman – affectionately known as “America’s
dentist” and featured dentist on ABC’s Extreme Makeover, and author of
best-selling books – received up to $350,000.
- 14,306 law offices received between $5.3 and $12.8 billion including
the prominent firm of Boies, Schiller and Flexner in Washington, D.C.
who received $5 million to $10 million.
- 12,694 new car dealerships received between $7 billion and $16.7
billion including the Land Rover and Ferrari dealerships in Hinsdale,
Illinois – each received between $350,000 to $1 million.
- 10,684 religious organizations received between $3 billion and $7.5
billion. Located in Notre Dame, Indiana, the Sisters of the Holy Cross
received up to $5 million; Holy Cross College received up to $1 million;
and the Corporation of St. Mary’s College Notre Dame received up to $10
million. (Colleges already received $12 billion in bailout money through the CARES Act.)
The large ranges (above) are the result of a transparency gap in the data.
The Trump administration did not release the known loan amounts.
Instead, the amounts were disclosed within bands: $150,000 to $350,000;
$350,000 to $1 million; $1 million to $2 million; $2 million to $5
million; and $5 million to $10 million.