Katie Porter to address who borrowed $500 billion on MSNBC

[oasis]

[Cha]

1. Thanks for the heads up, oasis..

not sure what it's about but KR!

[oasis]

3. No transparency on who got the PPP bailout loans that were "distributed"

to relieve the effects of the Covid-19 shutdown.

[Cha]

16. Oh that's right.. sorry! Fucking Autocrat Dictators Squatting

in our WH.

[oasis]

2. Half trillion Sec. Minuchin ((sp) won't disclose who got the loans.

[oasis]

7. That's what puzzles me. I thought it was all worked out before the

money was distributed.

[Kingofalldems]

10. So now it's the fault of the House?

It certainly is not.

[oasis]

13. Since not knowing where the money went is nobody's fault, would you

care to offer an explanation?

[Kingofalldems]

20. It's Trump's fault.

I never said it was 'nobody's fault'.

[Blue_true]

23. House democrats put oversight language in the bill.

The bill was passed with that language. Trump said that he was not going to do the oversight after signing the bill to make it, WITH the oversight language official. Republicans in Congress DID NOTHING, that is what you need to understand. Without republicans fulfilling their constitutional role, nothing could be done to bring Trump is line,

Now, how do we solve that problem? By getting past the "no one did anything" bullshit and focus firmly on voting every fucking republican that is up for election out of office.

[oasis]

25. Rep. Porter is proposing a remedy, we'll just have to wait and see if

she can shake things up in congress.

[Blue_true]

27. Without McConnell going along, her bill is stillborn.

We need to remove republicans from office. That is the only path forward that will work.

[Blue_true]

19. It is the "both sides are guilty" claim, masked as concern.

What people need to understand is republicans are corrupt. Bills can be passed with oversight language and Trump will ignore that requirement, once he does that McConnell and Senate republicans, and if it somehow came back to them to do something, House republicans will back him 1,000%.

[oasis]

5. Porter proposes Paycheck Protection Transparency Act to get congress

to put Trump Admin's feet to the fire on "who got those no interest loans".

[elleng]

6. The loan docs stated 'no expectation of privacy!'

(my recollection.) mnuchin really is a piece of work.

[oasis]

11. American public gets blackmailed and bamboozled by GOP every time.

[elleng]

12. ;-(

[Hoyt]

8. There are already lawsuits on this. However, the main thing for me is that government

auditors make sure the funds were used to keep people on the payroll as intended. If not, it needs to be considered a loan.

[oasis]

14. I was given to understand there was to be a "watchdog" appointed

before the whole thing went into effect.

[Hoyt]

22. I think so too, but since the program goes through September, I think, it

hasn’t really started any auditing.

[Runningdawg]

15. I LOVE this lady!!!

I hope Biden puts her in his cabinet, this is who we need to rebuild the economy.

[oasis]

17. Nothing gets by Porter. She's as sharp as they come. nt

[Yavin4]

18. Hint: Rhymes with "The Bump Organization"

[oasis]

21. I guess while the public was so busy keeping up with the daily

Covid-19 news, the Trump team of proffesional swindlers, slipped one past us. To the tune of one half trillion.

[gratuitous]

24. See Charlie Pierce's Post on this today

https://www.esquire.com/news-politics/politics/a32850423/steve-mnuchin-trump-administration-500-million-ppp/?src=socialflowFB

The money excerpt:

In a stunning move, the Trump administration is signaling that it won’t disclose the recipients of more than $500 billion in bailout money delivered to 4.5 million businesses through the PPP. Mnuchin says it’s “proprietary” and “confidential” information. The GAO told POLITICO that the Small Business Administration is also withholding PPP loan data the agency requested as part of its oversight efforts.

[Andy823]

26. All of this administration

should be locked up. They are nothing but crooks, and trump is the king crook.

[oasis]

28. Wow. This kind of slickery cannot be allowed to slide by major MSM

coverage.

Thanks for the link, gratuitous.

[Cha]

29. Could a lot of the $$$$ be shelled out to trump hotels?

Pandemic deepens economic pain at Trump's company, already suffering from a tarnished brand

https://www.democraticunderground.com/100213585305#top

[oasis]

30. Trump Hotels wouldn't surprise me, but Trump donors would top

my suspect list.

[Cha]

31. Oh yeah.. & maybe both.. trump fascist named hotels

& his greedy donors.

[oasis]

32. They better start spending it fast 'cause Katie's comin' for 'em.

"No Nonsense Kate"

[okaawhatever]

33. The Bill says Trump can't borrow $$, none of the top legislators

Can.

[Cha]

34. Thanks. they had to write it in the bill. But they still won't

tell who does get the $$$$$. So apparently it's Magat donors.