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[–] agitatedwhiteguy 0 points 35 points (+35|-0) ago 

The SBA loans direct from the treasury are already only applicable to public companies and/or private companies willing to dilute their ownership as collateral to the loan.

This essentially turns the US Treasury into the same parasitic vampire as the Peoples Bank of China - where the Central Bank has ownership of small business, and thus gives more money than would otherwise be acceptable from a traditional risk analysis perspective, because if the business fails the Government collects the assets, meaning the Government now has a vested interest in the business failing in the first place since they get the assets when the business goes under.

This is all pretty nightmare dystopian, all things considered.

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[–] awildbanannaphone 0 points 6 points (+6|-0) ago 

I'm sure those assets will be used inefficiently.

Side note were either been saved or supremely fucked. Guess we'll find out soon enough

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[–] agitatedwhiteguy 0 points 8 points (+8|-0) ago 

If I'm a Government "bank" you come to for money, and instead of being obligated to make sure you have a sound business plan so I get paid back, I'm instead motivated by giving you more money than you need (or that the risk justifies), while at the same time hoping you spend it unwisely and the business fails so that I can collect the business assets, and whatever assets you personally have that were used as collateral for the business in the first place.. well, that, sir, is tyranny.

Even if I virtue signal that I'm doing it to save the economy, if both the structure and the inevitable outcome are in my interest and completely fuck you over, then that is still tyranny.

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[–] ALIENS2222 1 point 7 points (+8|-1) ago 

You will know when we are returned to a literal interpretation of the original constitution including a gold standard, allodial title land ownership, tiny federal government existing ONLY in DC. All federal lands and property returned to the states or to the people. Stand down and breakup of the. Military and its assets returning them to the people and a stand up of citizens militias. That are local.

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[–] slowcrash101 ago 

It means state enforced price controls.

https://www.youtube.com/watch?v=9-SLqdhkvJo

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[–] VoataoV 0 points 3 points (+3|-0) ago 

Where did you read that the SBA Covid-19 loans and grants require dilution of ownership as collateral vs the usual asset collateral? I reached out to my local SBA office and the information on the process is different than what you're proposing.

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[–] agitatedwhiteguy 0 points 1 point (+1|-0) ago  (edited ago)

Can you provide the details? I've begun the new SBA application process (from a few days ago) for two companies already.

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[–] DeltaBravoTango 0 points 2 points (+2|-0) ago 

If they didn’t get a stake then there is a moral hazard involved. The government shouldn’t just hand out free money, there should be strings attached. That encourages behavior that requires bailouts. I never thought about the incentive for the government hoping the businesses fail, though.

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[–] agitatedwhiteguy 0 points 1 point (+1|-0) ago 

It's even more troubling since all of these programs are run by jews.

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[–] Computergeek01 ago 

That's a bit too idiotic even for the US government. The amount of micromanagement it takes to make one of these small rental businesses run is insane. Most of them aren't even making minimum wage at least a few months a year. Meanwhile the Feds can't even keep HUD above water and they know it.

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[–] BoomerHater1488er 0 points 19 points (+19|-0) ago 

Just like what Jews did to Germans in Weimar.

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[–] [deleted] 0 points 11 points (+11|-0) ago 

[Deleted]

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[–] agitatedwhiteguy 0 points 10 points (+10|-0) ago  (edited ago)

One of the most blatant ponzi schemes out there is how the entire banking system (including pensions, 401k's, and other "investments") is run through loans for houses, cars, etc. It's blatant, because an incredibly small percentage of the American population has the ability to grasp even the fundamentals of finance and economics, let alone something so complicated as this:

Let’s begin with the mortgage process. A borrower goes to a Mortgage Originator to obtain a mortgage. Once closed, the loan is handled by a Servicer, which may or may not be the same company that originated the loan. The borrower submits payments to the Servicer, however, the Servicer does not own the loan, they are simply maintaining the loan. This means collecting payments and forwarding them to the investor, paying taxes and insurance, answering questions, etc. While they maintain or “service” the loan, the asset itself is sold to an aggregator or directly to a government agency like Fannie Mae (FNMA), Freddie Mac (FHLMC), or Ginnie Mae (GNMA). The loan then gets placed inside a large bundle, which is put in the hands of an Investment Banker. That Investment Banker converts those loans into a Mortgage Backed Security (MBS) that can be sold to the public. This shows up in different investments like Mutual Funds, Insurance Plans, and Retirement Accounts.

Basically, the "banks" just push papers and collect fees for a loan that is packaged and then passed on to a Government controlled investment holding company, REIT, etc. Cars and houses are almost all done this way.

It's all a house of cards, which is why any small disruption has huge tidal waves of effect. It's also contributed to fringe variables, like why the prices in dollars for common investment packages that use houses and cars have increased so exponentially over time, and why the interest rate gets reduced to zero yet the mortgage rate increases and the price of homes keeps going up - since the homes can still be collateralized on the books of these REIT's even if nobody is living in them, meaning the price of houses is now completely disassociated with the demand from actual people who reside in them, they are being overwhelmingly used to pad the books of bad investment portfolios that rely on there being ANY movement in the housing market.

Edit: Source. It's a great article on how things work.

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[–] zxcvbnasdf 0 points 5 points (+5|-0) ago 

There's a reason that the jews hid Alan Greenspans thesis from the public. It's because the entire thesis was on how the FED could create a bubble in the housing market to crash the economy.

Not that anyone gives a shit..

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[–] 8_billion_eaters 0 points 11 points (+11|-0) ago 

Are you suggesting that the Jewish Cabal community that controls our government is trying to harm White people? You do know that's anti-Semitic, right?

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[–] Smallest_Skil 0 points 11 points (+11|-0) ago 

rent to nogs get cooned.

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[–] agitatedwhiteguy 0 points 1 point (+1|-0) ago 

Even funnier in all the deep blue States where you're often forced to.

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[–] Smallest_Skil ago 

yea those places suck.

[–] [deleted] 0 points 6 points (+6|-0) ago  (edited ago)

[Deleted]

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[–] DanaNordic 0 points 2 points (+2|-0) ago 

This scheme has been played out repeatedly in large urban centers decade after decade.

[–] [deleted] ago 

[Deleted]

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[–] undertheshills 0 points 1 point (+1|-0) ago 

It's not permanent they're canceling evictions for one month and the rent is due later. Anyone teetering on the edge is going to fail. I could take off 18 months without a problem if I wanted. But I'm not a nigger or a sheep so I'm working through the shut down until someone forces me to stop working at gun point.

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[–] cosMICjester 2 points 0 points (+2|-2) ago 

Thank the stars my father in law owns a store front that has a Miracle Ear & a state affiliated job finding/career builder outfit. Two businesses that are guaranteed to be paying the rent.

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[–] cosMICjester 1 point -1 points (+0|-1) ago 

Someone downvoted my comment??? Friggen AHOLE doesn't want my kin collecting rent from property they own. Heck the poor sap was already crowbarred into closing the banquet hall he owns on threat of losing his liquor license by the state of PA. Hey downvoter get the kung-flu FUCK OFF & DIE!!!!!

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[–] mmabouncer 2 points -2 points (+0|-2) ago 

You have no idea how real-estate investing works.

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[–] RepostGhostCst2Cst 0 points 2 points (+2|-0) ago 

Your supposed to put 15-20 percent away to cap ex and vacancy for this exact reason. Maybe it's you who doesn't know how it works.

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[–] privacy_first 0 points 5 points (+5|-0) ago 

Yeah, likely

Since Europe enacted "banks bail-in" it was absolutely and totally clear that current politics is against the people

Sadly, normie, do not understand, but they will be screwed anyway.

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[–] RepostGhostCst2Cst 2 points 4 points (+6|-2) ago 

No offense, but if you've leveraged yourself out that far with only 1 or 2 houses, then you deserve to lose it.

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[–] maaaxheadroom 0 points 3 points (+3|-0) ago  (edited ago)

Well you’re talking about most property owners

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[–] RepostGhostCst2Cst 2 points 1 point (+3|-2) ago 

I know. I honestly have no sympathy. If your brain can't imagine a worst case scenario and plan for it at least for half a year then what good are you?

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