Round Two of the “Paycheck Protection Program”: Another Disaster for US Small Businesses and Their Employees – Global Research


29-04-20 07:49:00,

The launch Monday morning of the second round of the US “small business” Paycheck Protection Program (PPP) was a debacle. Millions of family-owned entities, desperate for credit and tottering on the brink of permanent closure, were once again shut out from applying for, let alone receiving, government-backed forgivable loans.

As soon as the $310 billion program administered by the Small Business Administration (SBA) began taking loan applications at 10:30 am, its computer system, overwhelmed by the volume of requests, crashed.

Cynthia Blankenship, vice chair of Texas-based lender Bank of the West, told the Financial Times, “First the page would not load, and then it just showed us an error message.” The problems continued throughout the day. Blankenship said her bank was able to process only 15 applications.

TAB Bank in Ogden, Utah had prepared loan applications from 1,100 customers. Five hours after the start on Monday, the bank had gotten only seven loans processed.

The Washington Post quoted Paul Merski of the Independent Community Bankers of America as saying, “All of the reports I have around the country is that it’s been a disaster.”

The big Wall Street banks, which are making a killing off of the government loan program, having taken in $10 billion in fees in the first round, had warned the Treasury Department and the SBA that they had to prepare for a massive flood of loan requests, but nothing was done to avoid the logjam. The SBA said later on Monday that there were double the number of users accessing the system than one any day during the initial round of the program.

The banks have warned, moreover, that the $310 billion allotted for the restart of the program will likely be exhausted in less than a week.

The abortive start of the second round of the program immediately demonstrated that, like the first installment, part of the $2.2 trillion corporate bailout enacted in March, the vast majority of small businesses and their employees will receive little or nothing in relief from the economic collapse triggered by the coronavirus outbreak.

Big businesses were given top priority by the Wall Street banks administering program until the first allotment of funds ran out in less than two weeks.

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Round Two: US Drone Airstrikes Kill Six Pro-Iran Militia Commanders


04-01-20 11:15:00,

Whether he is eating ice cream or not, Trump appears to be on a rampage to recreate the end of The Godfather.

Less than 24 hours after a US drone shockingly killed the top Iranian military leader, Qasem Soleimani, resulting in equity markets groaning around the globe in fear over Iranian reprisals (and potentially, World War III), the US has gone for round two with Reuters and various other social media sources reporting that US air strikes targeting Iraq’s Popular Mobilization Units umbrella grouping of Iran-backed Shi’ite militias near camp Taji north of Baghdad, have killed six people and critically wounded three, an Iraqi army source said late on Friday.

Iraqi official media has also confirm that two vehicles were targeted north of Baghdad, carrying commanders of the pro-Iran militias in the PMUs.

Iraqi officials media now confirm that two vehicles were targeted north of Baghdad, carrying commanders of the pro-Iran militias in the PMUs. #iraq #QassemSuleimani

— Hassan Hassan (@hxhassan) January 3, 2020

Two of the three vehicles making up a militia convoy were found burned, a Reuters source said, as well as six burned corpses.

Asaib Ahl al-Haq media outlet releases photos shows the aftermath airstrikes on Hashd al-Shaabi vehicles near Taji.#Iraq

— Baxtiyar Goran (@BaxtiyarGoran) January 3, 2020

The strikes reportedly took place at 1:12 am local time.

Hezbollah’s Mayadeen confirms that an airstrike hit a moving target in Taji northern Iraqi capital of Baghdad.

Mayadeen was first media outlet that confirmed the death of Soleimani and Muhandis last night.#Iraq

— Baxtiyar Goran (@BaxtiyarGoran) January 3, 2020

According to unconfirmed reports, a US MQ-9 Reaper drone targeted a convoy carrying several high ranking officials of PMU (Hashd al-Shaabi) in Taji, North of Baghdad. The casualties are said to be mostly among members of the IRGC-backed Asaib Ahl al-Haq. It is not known whether Qais al-Khazali is dead or alive.

#BREAKING: #USAF’s MQ-9 Reaper drone targeted a convoy carrying several high ranking officials of #PMU (Hashd al-Shaabi) in #Taji,

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Round Two: Let’s Make NIST Explain Latest Refusal to Release Data


05-11-19 08:26:00,

We’re not taking no for an answer.

The “no” in question has come from the National Institute of Standards and Technology (NIST) in its response to several dozen emails from the public, sent at the urging of AE911Truth, asking NIST to annul its 2009 “Finding Regarding Public Safety Information.” This policy states that the disclosure of certain computer modeling data and other information used by NIST in its investigation of the collapse of World Trade Center Building 7 cannot be released to the public because it “might jeopardize public safety.”

In response to those who contacted NIST last month, NIST’s Public Inquiries Office wrote:

“The National Institute of Standards and Technology (NIST) stands by the conclusions reached in its WTC 7 investigation, as well as the finding under Section 7d of the National Construction Safety Team Act. Based upon this finding, NIST did not release limited and specific input and results files for certain models because they might jeopardize public safety.”

The big question is how could the release of NIST’s computer modeling data possibly jeopardize public safety?

Today, on behalf of more than 3,000 architects and engineers whose foremost duty is to protect the public’s safety, we’re asking you to keep up the pressure on NIST. Please email NIST Director Walter Copan to ask him how releasing this data could jeopardize public safety and how exactly terrorists could use this data to “devise ways to destroy buildings,” as claimed by the U.S. Department of Commerce.

It’s time to let NIST know that the boilerplate statements will resolve nothing and that the pressure will keep on coming.

As one AE911Truth supporter put it to NIST: “I would like to urge greater transparency in the scientific process regarding the collapse of WTC 7 on 9/11. I fail to see how withholding this information ensures any type of public safety. This looks like a deception rather than anything in the public interest.”

NIST’s stonewalling stands in stark contrast to the full disclosure of all input data, results data, and simulations used or generated during the University of Alaska Fairbanks study of Building 7’s collapse.

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