Cinnabar (07-08-2020), Cypress (07-07-2020), Guno צְבִי (07-07-2020), Micawber (07-07-2020), Rune (07-07-2020)
The Ayn Rand Institute received a PPP loan of between $350K and $1 million
https://newideal.aynrand.org/to-take-or-not-to-take/
Pretty much. Since when is this an essential business?
When I die, turn me into a brick and use me to cave in the skull of a fascist
Cinnabar (07-08-2020), Cypress (07-07-2020), Guno צְבִי (07-07-2020), Micawber (07-07-2020), Rune (07-07-2020)
Guno צְבִי (07-07-2020)
But wait a minute -----The $2.3 trillion emergency “stimulus” will be paid for by extracting wealth from everyone, including the Ayn Rand Institute
It seems they don't really have a philosophy other then "we will cheat the rest of you out of as much money as we can."IS MY DONATION TAX-DEDUCTIBLE?
Yes. The Ayn Rand Institute is a 501(c)(3) nonprofit organization recognized by the U.S. Internal Revenue Service. ARI’s federal identification number is 22-2570926.
"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
Guno צְבִי (07-07-2020), LV426 (07-07-2020), Rune (07-07-2020)
Earl (07-07-2020)
LV426 (07-07-2020)
When I die, turn me into a brick and use me to cave in the skull of a fascist
Flash (07-07-2020)
Why should they get welfare for these? Where are the bootstraps?
No, that is only if the business is affected by COVID, which ARI isn't...unless you can articulate how a "think tank" was affected by COVID in some operational way....60% of the loan must be used for payroll (including working remotely).
How is a "think tank" affected by COVID? By definition, they don't need rent. They can just lease the empty space in their heads.
And plenty of businesses have had to return their PPP funds...why hasn't ARI? Because they're Conservatives and bOtHsIdErIsTs who have never sought out a welfare check they didn't like.
When I die, turn me into a brick and use me to cave in the skull of a fascist
And plenty of businesses were forced to return their PPP loans (not because of the law, but public knowledge of them getting the loans).
Remember when Mnuchin was all "I'm not going to tell you who got loans, you're going to have to just trust me" and then Flash trusted him?
When I die, turn me into a brick and use me to cave in the skull of a fascist
Phantasmal (07-07-2020)
Because that is the law--why should any business get welfare for these? Stimulus payments are usually designed to just put money in the economy.
Bootstraps have been replaced by increasing dependence on government benefits.
I haven't seen their application. I guess if they can show their revenue has declined (membership decline?). You don't know whether ARI is affected by COVID.
I don't know any information about this case. I was just correcting your statement that it had to be an "essential business" to qualify. If the money assisted an employee it doesn't matter whether they worked for a non-profit or hamburger joint.
Ah, but this is ARI's business model, now. Relying on government welfare as you rail against government welfare. And how was ARI even impacted by COVID? It's not like they have a storefront, or supply chain, or rely on labor. Plenty of businesses have returned their PPP funds, so why haven't the rugged individualists at ARI?
Replaced, or were always there? Do you seriously think an outfit like ARI could exist without government welfare? Ayn Rand herself couldn't. At what point did the bOtHsIdErIsTs and "libertarians" switch from bootstraps to welfare? Or have they always been welfare queens? Tax cuts are welfare, after all.ootstraps have been replaced by increasing dependence on government benefits.
When I die, turn me into a brick and use me to cave in the skull of a fascist
When I die, turn me into a brick and use me to cave in the skull of a fascist
When I die, turn me into a brick and use me to cave in the skull of a fascist
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