$10 Billion more for EIDL Grants

by 9mmNATO $310 billion total for PPP, with $250 billion unrestricted and $60 billion set aside for smaller institutions $50 billion for EIDL loans and $10 billion for EIDL grants $75 billion for hospitals $25 billion for testing, $11 billion of which will be distributed to states $2.1 billion for Small Business Administration administrative expenses ​ … Read more

Complete List of Publicly Traded Companies Who Accepted PPP Loans with the Amount Awarded Ordered from Largest to Smallest. Via the Wall Street Journal

by goldenj234 These Are the Public Companies That Got Small Business Loans (WSJ) Ruths Hospitality Group Inc. $20,000,000 J. Alexander’s Holdings. Inc. $15,100,000 Shake Shack Inc. $10,000,000 (Returning the money) Fiesta Restaurant Group Inc. $10,000,000 Quantum Corp. $10,000,000 Potbelly Corp. $10,000,000 Gulf Islanda Fabication, Inc. $10,000,000 Broadwind Energy, Inc. $9,500,000 Zagg Inc. $9,443,728 Air T … Read more

Here comes the Oil bailout:

We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future! We will never let the great U.S. … Read more

Credit Markets Turmoil: More Collateral Problems; Automobile Collateral to Impact Ford and GM

https://finance.yahoo.com/news/gm-ford-face-billions-losses-135232626.html There is nothing the Fed can do about these problems, and as collateral continues to deflate, credit markets will increase their distress. This is the 3rd in a series of Posts that highlight the deterioration of collateral in the credit markets. 1st we had CMBS reporting that delinquencies are sending many loans to special … Read more

Facebook tells you when you are wrong.

by voodooshrimps I posted this link corona virus Facebook very kindly informed me I was wrong. As of 2019 79% of the us population uses Facebook. This presents a massive influence on the information people view as real or fake. This isn’t news to most of us, but it is upsetting to see this, control the … Read more

After many wins, the Left prepares for the final battle

by Fabius Maximus Summary:  The Left has been winning since the 1970s. Now their war on us enters the pursuit phase of battle, the last phase. Their success results from a powerful but unmentioned alliance. The next battles will help determine America’s course for the 21st century. Leftists celebrating their generations of victories. By Rawpixel.com – … Read more

SHAME LIST: Here are the largest public companies taking payroll loans meant for small businesses

Hundreds of millions of dollars of Paycheck Protection Program funds have been claimed by large, publicly traded companies. In fact, the U.S. government has allocated at least $243.4 million of the total $349 billion to publicly traded companies, according to Morgan Stanley. Several of the companies have market values well in excess of $100 million, … Read more

They’ll wreck the currency if they have to

by Simon Black Nearly seven centuries ago in the mid-1300s, the first major outbreak of the Bubonic Plague forced Europeans into some of the harshest social distancing measures in history. As Boccacio wrote in The Decameron in 1353, the hysteria was so extreme that “brother abandoned brother. . . fathers and mothers refused to see and … Read more

Oil Market Crash Could Lead To Mass Bankruptcies

By Irina Slav After U.S. crude oil fell into negative territory yesterday, one expert has warned that the oil industry crisis could force many companies to stop operating. U.S. oil companies have different production costs and different debt burdens, and the most vulnerable are those that have borrowed heavily in anticipation of higher prices, former … Read more

List of companies filing bankruptcy

Neiman Marcus is filing bankruptcy this week. https://www.tmz.com/2020/04/19/neiman-marcus-to-file-for-bankruptcy/ JCPenney to file bankruptcy soon https://www.forbes.com/sites/walterloeb/2020/04/17/pandemic-bankruptcies-threatens-jcpenney-neiman-marcus-and-many-others/#18bdecbb4b10 Hertz to file bankruptcy soon https://www.winknews.com/2020/04/16/reports-estero-based-hertz-could-face-bankruptcy/ Frontier Internet to file bankruptcy soon https://www.bloomberg.com/news/articles/2020-04-14/frontier-said-to-prepare-bankruptcy-ahead-of-april-15-payment AMC to file bankruptcy soon https://www.vanityfair.com/hollywood/2020/04/amc-bankruptcy-reports UPDATE: 24 hour fitness United States of America Jimbpys tacos   More Wisconsin farmers filing for bankruptcy https://www.wbay.com/content/news/More-Wisconsin-farmers-filing-for-bankruptcy-569628591.html https://www.dailyjobcuts.com/   AC

NYC Plans Ticker Tape Parade Honoring Health Care Workers… Doctors Struggling: Never Taken So Much Time Crying In Shower

De Blasio Says NYC Will Hold Ticker Tape Parade After Pandemic Ends NEW YORK (WCBS 880) — New York City Mayor Bill de Blasio announced that he plans to throw a ticker tape parade in the Canyon of Heroes to honor health care workers and first responders once the coronavirus pandemic is over. “We will honor … Read more

Danielle DiMartino Booth: Fed is Over the Line & US Treasury Looking Like Enron

Danielle DiMartino Booth interviewed by Dunagun Kaiser on Reluctant Preppers ​Former advisor to the Federal Reserve, founder of Quill Intelligence, and author of, “Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America,” Danielle DiMartino Booth, returns to Liberty and Finance to follow-up on her last visit in November 2019, where she predicted that we … Read more

UN Warns Economic Downturn Could Kill Hundreds of Thousands of Children in 2020

by axolotl_peyotl Let’s be clear…the pandemic didn’t cause the economy to crash. The tyrannical and draconian commands from governments and people willing to obey those commands crashed the economy. source Even the most authoritarian of all regimes, the U.N., is warning about the upcoming death toll due to the economic destruction by governments. The United … Read more