Tag: SBA

THE ONLY THING SYSTEMATIC IS THE DESTRUCTION OF AMERICA – PART 2

In Part 1 of this article I detailed the purposeful systematic destruction of global economies, with a bad flu as the catalyst, as part of a plan by the Davos elite to reconstruct the world in a manner most beneficial to these evil men and detrimental to you and me. The fight remains to be fought. Orwell’s worst fears are coming to fruition.

The masking of the masses has been, and continues to be, about despotic politicians and arrogant bureaucrats demanding obedience as a mechanism to judge their ability to shame the masses into submission. It has nothing to do with health or protecting others. The health “experts” like Fauci, the Surgeon General and CDC director actually told the truth back in March when they told everyone masks didn’t protect you from viruses. When the powers that be decided this flu needed to be hyped and blown out of all proportion, mask wearing was used as the symbol of fear necessary to panic the public into submission.

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THE ROAD TO PERDITION IS PAVED WITH EVIL INTENTIONS

“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending” ― Nassim Nicholas Taleb, The Bed of Procrustes: Philosophical and Practical Aphorisms

The Logic of globalism | The Vineyard of the Saker

“Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.” – Nassim Nicholas Taleb

As we continue our national lockdown suicide cult to hell, I find myself getting angrier and angrier at the pathetic leadership displayed by politicians, government bureaucrats, so called medical “experts”, and intellectual yet idiot academics displaying their ignorance of facts, reality, history, and humanity. My nature is to be skeptical of everything I read or am told.

I most certainly disregard everything communicated to me by politicians, world leaders, central bankers, corporate CEOs, CNBC talking heads, the mainstream corporate fake news media, and lately – self-proclaimed medical experts who have distinguished themselves by not seeing the danger coming, downplaying the danger, not being prepared for the danger, incompetently handling the danger and righteously proclaiming the nation had to be brought to a full stop because their terribly flawed models said so.

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I screwed up

Guest Post by Simon Black

First thing’s first– I screwed up.

Yesterday I wrote to you about the US government’s initiative to loan money to small businesses, and I was wrong about an important detail.

I said the maximum amount of the loan was equal to 2.5x a company’s annual payroll expense. That’s incorrect.

The correct maximum loan amount is 2.5x a company’s average MONTHLY payroll expense over the past 12 months.

[The total amount that the government intends to shovel into the economy through this program– $350 billion– is still correct.]

So, apologies for the error… that’s what I get for reading legislation at 5am on Sunday.

A few readers alerted us to my oversight. And when I re-read the legislation to confirm my mistake, I couldn’t believe what I was seeing.

Honestly, a loan of 2.5x annual payroll made sense to me. It would give small businesses plenty of firepower to stay afloat for the long haul.

But this bailout is just 2 ½ months! That’s nothing. It implies that the government thinks everything will be back to normal by mid-June.

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The ‘Small’ Business Administration is now bigger than Walmart

Guest Post by Simon Black

As you’ve probably already heard, the US government unleashed a giant tsunami of money on Friday, passing a $2 trillion stimulus bill to help boost the economy during the Covid pandemic.

Let’s put that number in context:

  • $2 trillion is more than it cost to wage 18+ years of war in Afghanistan and Iraq.
  • It’s nearly THREE times the size of the bailout from 2008.
  • It exceeds ALL corporate and individual income tax revenue collected by the IRS last year

We are clearly living in unprecedented times… and that this bailout is equally unprecedented.

Among the bailout’s many provisions (which go on for more than EIGHT HUNDRED pages!) is a whopping $350 billion to the Small Businesses Administration.

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