U.S. virus bailouts portend Occupy Wall Street 2.0

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Loopholes in the U.S. bailout package have allowed large companies to receive money they don’t need, while some small businesses struggle to access the funds. Backlash has started to bubble up, writes GinaChon.

U.S. Treasury Secretary Steven Mnuchin is close to a deal with Congress on providing about $310 billion in additional funding for emergency relief for small businesses, President Donald Trump said on April 19.

Money for the $350 billion Paycheck Protection Program ran out on April 16.

 

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Reuters GinaChon Least surprising headline ever. Rich companies steal taxpayer money due to poor oversight of fund set up for small business. Honestly, how could you see this coming. Wait, Drumpf...okay, I get it now.

ReutersBiz GinaChon Yuh don't say

Reuters GinaChon THAT is why Trump wanted NO oversight. He has to take care of his buddies.

Reuters GinaChon 'Loopholes.'

Reuters GinaChon Loophole written by Republicans, missed by Democrats.

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