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Thread: Conservatives love their welfare

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    Default Conservatives love their welfare

    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?
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    "We will take any money offered us" by the government LMAO

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    The $2.3 trillion emergency “stimulus” will be paid for by extracting wealth from everyone, including the Ayn Rand Institute
    But wait a minute -----
    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.
    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."
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    Quote Originally Posted by LV426 View Post
    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?

    Interesting. So capitalism is dead.

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    Quote Originally Posted by LV426 View Post
    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?
    PPP loans are not only for essential businesses. They are for small businesses to pay payroll for essential business expenses.

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    Quote Originally Posted by Flash View Post
    PPP loans are not only for essential businesses. They are for small businesses to pay payroll for essential business expenses.
    What essential business expenses? ARI doesn't provide a service. Doesn't provide a product. Doesn't make anything. Doesn't deliver. Isn't retail. Doesn't provide health care.

    Employees can work remotely since they're just a "think"-tank.

    Also, the irony.
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    Quote Originally Posted by LV426 View Post
    What essential business expenses? ARI doesn't provide a service. Doesn't provide a product. Doesn't make anything. Doesn't deliver. Isn't retail. Doesn't provide health care.

    Employees can work remotely since they're just a "think"-tank.

    Also, the irony.
    Rent, utilities. 60% of the loan must be used for payroll (including working remotely). Businesses are not excluded for irony.

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    Quote Originally Posted by Flash View Post
    PPP loans are not only for essential businesses. They are for small businesses to pay payroll for essential business expenses.
    Small businesses are defined as those with 500 employees or less. That is why Jared and family qualified for a couple of loans.

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    Quote Originally Posted by Flash View Post
    Rent, utilities.
    Why should they get welfare for these? Where are the bootstraps?


    60% of the loan must be used for payroll (including working remotely).
    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....

    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.
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    Quote Originally Posted by Nordberg View Post
    Small businesses are defined as those with 500 employees or less. That is why Jared and family qualified for a couple of loans.
    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?
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    Quote Originally Posted by LV426 View Post
    Why should they get welfare for these? Where are the bootstraps?
    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.

    Quote Originally Posted by LV426 View Post
    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....
    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.

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    Quote Originally Posted by Flash View Post
    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
    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?


    ootstraps have been replaced by increasing dependence on government benefits.
    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.
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    Quote Originally Posted by LV426 View Post
    Where are the bootstraps?


    AR-181009308.jpg

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    Quote Originally Posted by Flash View Post
    I haven't seen their application.
    You know who has? Mnuchin. The guy who didn't want any transparency when it came to these loans (a point in which you were in agreement with him, right?).

    Ostensibly so he could give them to his buddies, like the ARI.
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    Quote Originally Posted by Flash View Post
    You don't know whether ARI is affected by COVID. .
    Well, it's pretty easy to determine:

    Does ARI have a storefront?
    Does ARI manufacture any goods?
    Does ARI distribute any goods?
    Does ARI provide a tangible physical service?
    Does ARI have supply chains?

    The answer to all five of those questions is "NO".
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