SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Land Shark who wrote (1222358)4/19/2020 12:52:14 PM
From: locogringo  Read Replies (1) | Respond to of 1577920
 
China Lied, People Died,—And Democrats Hide

House GOP Leader Kevin McCarthy told Breitbart News on Saturday a brutal combination of Chinese Communist Party lies and Democrat political gamesmanship led by House Speaker Nancy Pelosi have combined to inflict serious health and economic pain on the American people.
Pelosi continues to refuse to replenish the funds in the Paycheck Protection Program (PPP) Small Business Administration (SBA) loan system that Congress already authorized on a near-unanimous basis last month after the funds have run out. President Donald Trump’s administration has already given out the original $350 billion in loans to small businesses allocated in the program, but Democrats at Pelosi’s direction are refusing to help more small businesses in need.

“Understand what it is—we went into this economic crisis and remember why we are here. We are here because a virus came from China and China lied to the rest of the world,” McCarthy said. “Because of that, government asked small businesses to shut down. So we’re laying people off. How do we keep people working? How do we keep small businesses, those mom-and-pops that you know and love in your community? We created a program and what they would do is they would apply to their local banks, their credit unions, through fin-tech and others—they’d get two and a half times their expenses. They’d use 75 percent of that paying their employees, even if they’re home just pay them. Pay your rent. Pay your utilities. That becomes a grant. It’s very successful.”