[Paper1]

Originally Posted by BS Beef

I think we're losing site of the fact that all these loans, bailouts, what ever you'd like to call them aren't really free. The money has to come from somewhere and that somewhere is taxpayers pocketbooks.

Actually no, this money is coming from our grandchildren's futures not current taxpayers. That is why there is little concern.

[ColdNoMore]

Originally Posted by J1ceasar

Would you really Really like to know which bank got money? should have people put a run on it can cause more problems

Seriously?

You're not aware that the money was intended to be loaned out, not hoarded to increase stock price...and pay executive salaries and bonuses.

[toeser]

Originally Posted by BS Beef

I think we're losing site of the fact that all these loans, bailouts, what ever you'd like to call them aren't really free. The money has to come from somewhere and that somewhere is taxpayers pocketbooks.

Actually, the money is not coming from taxpayers. It's being printed up by the Fed. It will just be added to the pile of IOU's that is building up, called our national debt. It will never be paid off and someday we will have a gigantic financial collapse. I am hoping it will be timed for after I'm gone.

[Woolyg]

Just an FYI... Darden's owns the following restaurants... from their website

"Darden's brands include LongHorn Steakhouse, Olive Garden, Cheddar's Scratch Kitchen, Eddie V's Prime Seafood, The Capital Grille, Bahama Breeze and Seasons 52".

Originally Posted by OrangeBlossomBaby

Some of us aren't losing sight of that. What we are losing sight of, is who is in possession of our money. We are losing sight of that, because the people our elected officials have chosen to trust with that information, have chosen not to keep us informed.

If this was a matter of national security - I'd say yeah - we don't need to know exactly who has the money. I'd totally understand that. We don't "need" to know that Lockheed-Martin got the bid award for the secret helicopter project that shoots missiles with precision aim while hanging upside down, with 27 Portuguese Water Dogs specially trained to carry bombs are tossed out in self-pulling parachutes over the enemy compound.

But we should know that Darden Restaurants (owner of Chili's) received 10M while Bob's Diner's application wasn't even considered because they ran out of money before he turned it in - which was 2 weeks BEFORE the deadline.

We don't necessarily have the "right" to the first wad of taxpayer dough's information. But we should necessarily have the "right" to the second wad's info.

[kanoa1kale2]

Originally Posted by John41

No big secret. Treasury has already disclosed who got the money and who, like Harvard, had to give some back thanks to the Treasury. What irritates me is that some of that taxpayer money is going to criminal illegal aliens. And some states want the taxpayer to bail out their pension funds. Also these states were involved in distributing some of the money, not just the Treasury, and their antiquated COBOL systems aren’t up to the job.

Had to respond - COBOL is ancient - If kept updated, it will continue to do the job it was programmed for. One got writers cramps coding it. They also still use Big OS in DC. Most who knew anything about that are dead and gone. Strange that they have so much trouble replacing these older systems.

[davem4616]

Originally Posted by rustyp

I hired a small business to do work that I normally would have done myself with my stimulus. Does that count ?

It certainly counts in my book. Good on you!

We did the same... and what was left over we donated to the Salvation Army and to a small church up in Belleview that supports a lot of folks in need

[rjackson1759]

Originally Posted by Villages Kahuna

Is anyone else alarmed that the disclosure of the recipients of more than $500 billion in bailout money delivered to businesses through the Paycheck Protection Program (PPP) is such a big secret?. Questions directed to the Treasury Department were answered by saying that information was “proprietary” and “confidential”.

Why? That amount of our taxpayer funds is not insignificant. Heck, the entire budget of the Defense Department is $617 billion! Would we accept that what was being spent by the DOD is a big secret?

I don’t think so. Why?

Agreed, categorically!! This was 'public money' and the 'public' that sent it to the Treasury should have the benefit of knowinbg who got what.

[Lindsyburnsy]

Too bad there were far fewer small businesses getting the loans than large companies. Rich get richer. Small businesses shutter up. Sad.

[kendi]

Originally Posted by Gpsma

Alarmed no. Perhaps too many here are living in their Social Security/Pension bubble...with no debt.

How about wondering about all the small businesses closed down with employees without work?

But unless u gave your stimulis check to charity....then dont complain that small businesses need help

No one is complaining about them needing help. This thread is about disclosing which businesses received a check. Not if they should have gotten it or not.

[Mustagotlost]

Originally Posted by John41

No big secret. Treasury has already disclosed who got the money and who, like Harvard, had to give some back thanks to the Treasury. What irritates me is that some of that taxpayer money is going to criminal illegal aliens. And some states want the taxpayer to bail out their pension funds. Also these states were involved in distributing some of the money, not just the Treasury, and their antiquated COBOL systems aren’t up to the job.

CA is the worst offender. Public employees and teachers, I think, are sometimes paid double their wages while they were working.

[Lindsyburnsy]

One thing uncovers the next. First we have a right to know who got these loans. Once we know that, we will know who did or didn’t need those loans.

Originally Posted by kendi

No one is complaining about them needing help. This thread is about disclosing which businesses received a check. Not if they should have gotten it or not.

[bobnyce]

There is no taxpayer money! Most of the budget is run on borrowed money. Taxpayers hardly pay the operating cost of government today. We are operating on the backs of our grandchildren who will never pay off the debt we have left them. If you think the admitted debt is all there is, try asking about all of the unfunded pension promises at the local, school, county, state and federal level that no one ever talks about. We are broke!!!! So how do we fix it - borrow more money from China and ourselves. How about that. We have no money, but we believe we do, so we print more based on the Government's promise that someday we will be able to pay it to ourselves! If you really do believe then I have a bridge for sale. What we have done to our successors, children and grandchildren is inexplicable and disgusting but then again - we got ours let them get theirs!

[OhioBuckeye]

Originally Posted by Villages Kahuna

Is anyone else alarmed that the disclosure of the recipients of more than $500 billion in bailout money delivered to businesses through the Paycheck Protection Program (PPP) is such a big secret?. Questions directed to the Treasury Department were answered by saying that information was “proprietary” and “confidential”.

Why? That amount of our taxpayer funds is not insignificant. Heck, the entire budget of the Defense Department is $617 billion! Would we accept that what was being spent by the DOD is a big secret?

I don’t think so. Why?

Since I’m not allowed to mention a party because TOTV will ban me again but some of the money bails out businesses that’s been bankrupt before & they want to bail them out again. Bailout money & stimulus money doesn’t necessarily do what it meant for, you know the politicians won’t tell you exactly what they really do with OUR tax money!

[Dana1963]

Sadly everyone knows what each individual received. It’s the TAX PAYERS MONEY not Steve Munchin’ money or Trumps. Simply put by not disclosing who would be held accountable!

Originally Posted by Villages Kahuna

Is anyone else alarmed that the disclosure of the recipients of more than $500 billion in bailout money delivered to businesses through the Paycheck Protection Program (PPP) is such a big secret?. Questions directed to the Treasury Department were answered by saying that information was “proprietary” and “confidential”.

Why? That amount of our taxpayer funds is not insignificant. Heck, the entire budget of the Defense Department is $617 billion! Would we accept that what was being spent by the DOD is a big secret?

I don’t think so. Why?

Originally Posted by Gpsma

Alarmed no. Perhaps too many here are living in their Social Security/Pension bubble...with no debt.

How about wondering about all the small businesses closed down with employees without work?

But unless u gave your stimulis check to charity....then dont complain that small businesses need help

I don’t think that was the OP’s point at all. For me the point was how do we know that money actually got spent the way it was supposed to be spent and didn’t just end up lining someone’s pocket.