> Of all types of institutions, why should we be giving the banks the right to decide which businesses should be recession proof or not?
Your underlying point is well made, but it's important to understand the process: The banks issued the loans, but the federal Small Business Association reviewed and approved them.
> yet the stream of cash continues to flow to those too stupid to save a few months of operating expenses/payroll.
You can disagree with the program, but the comment is overly hash, IMHO. As a business owner, I see the program as a lifeline to handle cashflow issues and retain workers. I'm not sure that is a "trash society."
Your underlying point is well made, but it's important to understand the process: The banks issued the loans, but the federal Small Business Association reviewed and approved them.
> yet the stream of cash continues to flow to those too stupid to save a few months of operating expenses/payroll.
You can disagree with the program, but the comment is overly hash, IMHO. As a business owner, I see the program as a lifeline to handle cashflow issues and retain workers. I'm not sure that is a "trash society."