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(Gothamist)   New York launches "Closing The Barn Door After The Horses Got Out" loan program aimed at small businesses that had enough cash on hand to get through the past ten weeks   (gothamist.com) divider line
    More: Facepalm, New York City, small business loan program, new New York State, New York, small businesses, New York Forward Loan Fund, state program, Small business  
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407 clicks; posted to Business » on 25 May 2020 at 9:50 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



11 Comments     (+0 »)
 
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2020-05-25 10:11:57 AM  
Thanks but no thanks. Since Covid shut down the local Geek Squad, business is booming.

/now I feel like I'm fighting on two fronts
//one against our friends in Russia
///the other to keep myself and my clients healthy
 
2020-05-25 11:32:24 AM  
I'm actually ok with this. I would rather money be given to companies that have survived the last few months without money. This means, for the most part, customers have chosen these businesses to survive. I have a problem giving money away to businesses that were feeding of the day of a booming economy. It's just delaying the inevitable.
 
2020-05-25 3:14:28 PM  
Natural Selection.
 
2020-05-25 7:14:41 PM  
Closing the barn door after the horse gets out can lead to zipper injuries.
You don't want that.
 
2020-05-25 7:23:34 PM  
Aimed at minority and women owned businesses. I guess all the businesses owned by white men were successful enough to get by or is this just a social justice project masquerading as an economic policy?
 
2020-05-25 7:47:06 PM  
So they are giving loans to companies that were run well enough that they had resources to get through a 10 week shut down, but are still in trouble due to people still staying home?

I'm alright with that.

RTOGUY: Aimed at minority and women owned businesses. I guess all the businesses owned by white men were successful enough to get by or is this just a social justice project masquerading as an economic policy?


It may be because getting normal loans is easier for white males.
You see your own disadvantages. and other people's advantages, so you feel cheated when someone gets special treatment for those invisible (to you) disadvantages to make up for your (also invisible to you) advantages.
 
2020-05-25 9:41:49 PM  

NotARocketScientist: So they are giving loans to companies that were run well enough that they had resources to get through a 10 week shut down, but are still in trouble due to people still staying home?

I'm alright with that.

RTOGUY: Aimed at minority and women owned businesses. I guess all the businesses owned by white men were successful enough to get by or is this just a social justice project masquerading as an economic policy?

It may be because getting normal loans is easier for white males.
You see your own disadvantages. and other people's advantages, so you feel cheated when someone gets special treatment for those invisible (to you) disadvantages to make up for your (also invisible to you) advantages.


I wasn't aware that my pasty white penis was worth so much. Maybe on my next loan application I should attach a dick pic because as a small business owner I didn't qualify for any special funding or loans.
 
2020-05-25 9:48:17 PM  

RTOGUY: Aimed at minority and women owned businesses. I guess all the businesses owned by white men were successful enough to get by or is this just a social justice project masquerading as an economic policy?


Cuomo spent 10 weeks basking in glory for the incredible, awe-inspiring achievement of not being Donald Trump.

Now he's going to get around to throwing some crumbs to the little guys who should've been helped back in March?
 
2020-05-25 11:33:12 PM  
Excuse me if I don't have much faith in any of their "plans".
 
2020-05-26 12:06:50 AM  

NotARocketScientist: So they are giving loans to companies that were run well enough that they had resources to get through a 10 week shut down, but are still in trouble due to people still staying home?

I'm alright with that.

RTOGUY: Aimed at minority and women owned businesses. I guess all the businesses owned by white men were successful enough to get by or is this just a social justice project masquerading as an economic policy?

It may be because getting normal loans is easier for white males.
You see your own disadvantages. and other people's advantages, so you feel cheated when someone gets special treatment for those invisible (to you) disadvantages to make up for your (also invisible to you) advantages.


Yeah let's look at that long drought of white men as president, compared to the endless streak of minorities and women dominating the American political, economic and legal landscapes.

I mean until you've seen idiot white assholes fail towards success by whiting their way to o knowing someone who gives them on a golden platter pretty much everything.  Like getting into Harvard because dad.  Usually white, and possibly a Ku Klux Klan never based on America's actual history.

I'm pretty sure white people used the plagues they gave to the Americas to enrich themselves and enslave most of the world through proxy corporations, and your gonna moan about the poor oppresses white man.

Never gets old or different.
 
2020-05-26 8:08:15 AM  
All the truly small businesses are already gone.
 
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