The investigation for Paycheck Protection Program aka PPP is active. The scavenger paradise that occured during COVID is now learning that PPP loans cards have been pulled and you might see some really influencial people ruined in the end.
Why They’re In Trouble
Those who will more than likely get gathered are based on them being shady even before COVID. The problem it’s called “PAYCHECK” protection and it’s hard to show proof of protecting anything not already administered and followed. These people still don’t understand most tax liens are created due to lack of payments, so with PPP loans this was probably light work for those who assumed having a LLC was enough to “just get a check.”
Read – https://theworlddata.com/ppp-fraud-statistics-in-us/
How the Feds Will Catch Them
If the person they reported as getting paid from the PPP loan doesn’t show they received the money, that retroactive audit can prove the PPP Loan applier didn’t use the money correctly. If they run AI through the audits and compare employees income vs operations/expenses and it doesn’t show any deposits from these “entrepreneurs,” that’s they ass. Yep, the one thing this infestation of LLCs don’t do is pay, especially when the service provider is Black.
Overdue Ass Whooping
The ones caught up in this are the ones that have burned anyone trying to get anything productive done in the community. They will nitpick things to get out of paying; purposely do messed up work (and lie about the quaiily) to create a dependent client; claim the service is never good enough or gaslight about completion to prolonge that invoice. There are the ones who will ruin people’s business because they they think square enterprise is BMF or some shit. In many cases they take marry, date, kill literally to control business revenue.
It hurts because with an already bias loan system, Black businesses literally have to bootstrap (hate that word) all expenses before a bank even looks at them. These business solely rely on customer based revenue to fund operations. If people don’t pay, the business is dead on arrival. So this is why when they start rounding these types of no one is gonna hashtag this mess.
These people are some of the some of the most counterproductive, head ass negros alive. They want the money, the life, the credit but not the work. They’ll keep feeding off of spaces they’re not trained or skilled in and then blow up the scene if they don’t get their way. And if you’ve lost revenue because of them, you’ll probably agree.
No Excuse Can Fix The Story
The problem, to apply for PPP is to acknowledge the money is needed because the service IS considered viable. This means they’re not only lying to the service provider to get out of giving them a paycheck/payment, they’re lying to the Feds about needing the money to pay for said services. Basically they had/have no intentions of doing anything with the money made from everyone else’s efforts, except keeping it for themselves.
btw, this a very disturbing trend by the pro reparations brigade. They whine about ancestorial slavery but never like paying for Black labor. Go figure.
When those in a position to actually speak on restitution for Black people in America, this keeps coming up and it’s been hard to defend lack of ethics with a little to then ask for more.
How PPP Investigations Might Finally Fix Black Business Culture
A lot of time you want to say, “oh it’s not always Black people this or that.” But in this situation, it is. And Keith Lee’s restaurant visits finally proved to everyone in debates about the lack of equitable balance between respect and money, being at epidemic levels.
The lack of paying for work and service is essentially the death of most Black businesses. The notion of assuming because someone is Black they don’t have to be paid is a practice that goes back to adults, tricking neighborhood kids to cut grass and shovel snow and never paying. It conditions the notion our contributions don’t deserve respect or hold value at an early age.
This trend wouldn’t stop and even gets worse as adults practice mass gaslighting to get out of paying for services they’d otherwise pay a Mexican landscaper or anything White. Our lack of respect for contributions and compensation is the sole reason no one is trying to hear all this shit about politics. We’re collectively been judged by how we engage with inter community economics.
The lack of respect and trust of Black economics has infected community morale and makes everyone scared to celebrate wins. It creates this tension of knowing it’s only a matter of time someone gets fangs to want it and take it. Everything can’t operate like a drug deal or some mafioso, war lord, goon shit. And those who want to operate like that gotta stop squatting, commit to the underworld and get out of square spaces.
Basically a “scammer” is the politically correct word for scavenger. And scavengers never stop unless something finally stifles the craving. Maybe PPP loans create a reform that brings respect back to ability to enterprise in peace. Allow Black businesses to function with better integrity. And uou can’t whine about credit/compensation from other cultures if you can’t event respect economy from within.
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