Anger mounts after corporations tap small-business relief funds
So ive got a few questions about this legislation now that its in effect...<p>>Businesses rushed to apply for the loans, which the government said would be forgiven...<p><i>Forgiven?</i>  Then its not a loan anymore is it?  Its a bailout.  Was the intention to give a handout of cash to small businesses free of charge?<p>>Democrats have since called for rules that would ensure smaller, community banks, particularly those that service minority and underbanked populations, have a leg up in the lending process.<p>I mean, the program ran out of money a week ago.  What exactly are we legislating?  these are businesses that are likely already shuttered after waiting five weeks to be told they either dont qualify or the money sacks empty.<p>This isnt something you get a do-over on.  Rubio doesnt seem to care that Hilton is a nine billion dollar multinational corporation that could afford to keep the lights on in every hotel they franchise for the next year, easily, without federal aid.  They could give away old hotels as makeshift hospitals.  Hilton is the thirty-sixth largest company in the USA and the fact that they qualified for something called a small business relief fund can only be attributed to a completely detached legislature if you're being amicable and giving the current legislation a fair chance to be anything but corrupt but frankly thats hard to do when the presidents friends are getting kickbacks from this program.<p><a href="https://www.npr.org/2020/04/20/839455480/company-with-ties-to-trump-receives-millions-from-small-business-loan-program" rel="nofollow">https://www.npr.org/2020/04/20/839455480/company-with-ties-t...</a><p>What Rubio has basically managed to do is wipe out coffee houses, machine shops, shoe repair businesses, daycares and nail salons in every north american city.  Its pretty transparent that this funding was never intended to make it to taco trucks and barbers.