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#1 |
VIP Member
Join Date: Mar 2010
Location: Newport News, VA
Posts: 1,435
Likes: 371
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From what I've been able to read, "Large Corporations" will have their loans managed by the Federal Reserve. Small Businesses have to deal with the Small Business Administration (SBA) which is notoriously slow to act on the loan requests. Should be interesting to see how much "relief" is actually provided. Employees need to come first!
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Lew Silverman #2070 "The Wagon Master" N/SA |
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#2 |
Senior Member
Join Date: Aug 2003
Location: Pierce NE
Posts: 936
Likes: 78
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I heard Nascar layed off some of there employees yesterday so they collect unemployment. Nhra mite do the same. They can,t live off everybody's pre entry fees for ever. Tom
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Tom Meyer 5240 SS Stock ??? |
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#3 |
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Join Date: Feb 2009
Posts: 234
Likes: 5
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How do you lay off workers that don't work? It took over 90 days to get my competition license after my check was cashed.
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#4 |
VIP Member
Join Date: May 2002
Location: Shelby, NC
Posts: 1,817
Likes: 2,157
Liked 2,336 Times in 549 Posts
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#5 | |
Live Reporter
Join Date: Jan 2011
Location: New Bern, NC
Posts: 3,467
Likes: 146
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James Williamson W200 J/SA. SS/JA |
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#6 |
VIP Member
Join Date: Jun 2002
Posts: 1,855
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Liked 444 Times in 145 Posts
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This phase of the stimulus is about 2.2 trillion and supposedly it will be overseen by an inspector general and a House oversight committee. But Trump is trying to throttle the IG and take control of the 500 billion that has been earmarked for the large corporations. This will probably necessitate a lawsuit by the House to resolve if Trump does not back off. Wasting precious time.
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Bruce Noland 1788 STK |
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#7 |
Junior Member
Join Date: Nov 2013
Posts: 89
Likes: 36
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NHRA should get $0.00. They don't pay taxes.
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