#ppploans — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ppploans, aggregated by home.social.
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There was so much #fraud on COVID #PPPloans, the feds trained an #antifraud #AI on the applications
Hindsight is 20/20, and the roughly five million Small Business Administration COVID-19 Economic Injury Disaster Loan applications used to train PRAC's "Fraud Prevention Engine" were only available after the programs were already up and running, by which point billions of dollars had been paid out and later identified as potentially fraudulent.
https://www.theregister.com/2026/01/14/feds_antifraud_ai_covid_loans/
#PaycheckProtectionProgram -
Democrat ex-lawmaker who heckled Trump convicted in COVID fraud scheme
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Democrat ex-lawmaker who heckled Trump convicted in COVID fraud scheme
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The "but how can we pay for it???" and "personal responsibility" crowds sure were quiet when the US government decided to cancel $768 billion in PPP loans over the past 4 years.
#USPol #StudentLoanForgiveness #PPP #PPPLoans #LoanForgiveness
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PPP loans cost nearly double what Biden's student debt forgiveness would have. Here's how the programs compare.
https://www.cbsnews.com/news/ppp-loan-forgiveness-student-loan-relief-cost-comparison/
#PPPloans #StudentDebtForgiveness #LoanCostComparison #BidenAdministration #EconomicImpact #GovernmentPrograms #Politics #News
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JobKeeper (in the #USA #PPPLoans) is rebranded #QE.
QE (#QuantatativeEasing) is rebranded #bailouts.
Bailouts are rebranded #keynesianism.
Keynesianism is rebranded #inflation.
Inflation is rebranded #moneyPrinting.
MoneyPrinting is #counterfeiting. Its fine but only if everyone on earth gets their share (see #UBI).