General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStimulus check direct deposit today slated for next week..
In_The_Wind
(72,300 posts)OKNancy
(41,832 posts)HipChick
(25,485 posts)PoliticAverse
(26,366 posts)Zing Zing Zingbah
(6,496 posts)rzemanfl
(29,554 posts)Spot on!
ProfessorGAC
(64,852 posts)...my wife & I won't see $ until at least late October, even on the up & up.
That's OK, because I agree with the way it's being prioritized. Lowest income folks first.
rzemanfl
(29,554 posts)ProfessorGAC
(64,852 posts)And, neither is relevant to the fact that there is a prioritization scheme based on income.
It was several newspapers on Monday & reported on CNN.
It's not a "belief". It's a recitation of fact.
rzemanfl
(29,554 posts)What I am reading indicates paper checks will go out to really poor people with no direct deposit starting on 4/24 and then to the slightly less poor on 5/1 and so on. I you said "first" in your post, IMHO they are at best the first among the runners up.
underpants
(182,603 posts)MontanaMama
(23,295 posts)If its anything like the SBA PPP process...itll be all kinds of fucked up. Count on THAT.
ProfessorGAC
(64,852 posts)But, on the bright side, there's no process here. No application, etc.
Could go more smoothly than the business side.
Windy City Charlie
(1,178 posts)By having to go through banks to get those SBA loans, I was suspicious of that. It sounds like the banks are claiming they've already loaned it all out and that they need more.
MontanaMama
(23,295 posts)spanning more than 30 years. They do a ton of SBA work and theyre telling me that this process is a mess like theyve never seen. Almost no guidance and no accountability for funds. We had our payroll reports to the bank before the MF even signed the bill into law and had the application completed and returned within an hour of the SBA sending it out. Sorry for my skepticism but the money, imho has been stolen. I dont think its the bank. Its the SBA led by the WH...no oversight and it doesnt take a rocket scientist to guess whats happened.
Windy City Charlie
(1,178 posts)That's why I've said, it won't be long after the $2.2 trillion is gone, we're going to hear so many stories of fraud and abuse. Sad part of it is, no one will be held accountable for it.