Treasury department to award $8.7Billion for lending towards miniority communities

[☑︎#VoteDemocrat]

Nothing will trickle down to the average hood person

Oh Jesus Christ. How can it? Do you just want UBI? Well this isn’t that. It’s for black businesses. If you have a small black business and you can’t get any of this money then business isn’t your thing.

Something like 90% of black businesses have only one employee.

 

[Neo. The Only. The One.]

Nothing will trickle down to the average hood person

What is the average hood person?

Breh, y'all gotta get rid of this mindset, man. Go out there, put in the work to get yours. Y'all sitting around waiting for something to fall into your laps. That ain't the way to be. You gotta be proactive, not reactive.

You got the internet at your fingertips. Get to researching how you can get some of these funds. And do it the legal way.

 

[☑︎#VoteDemocrat]

What is the average hood person?

Breh, y'all gotta get rid of this mindset, man. Go out there, put in the work to get yours. Y'all sitting around waiting for something to fall into your laps. That ain't the way to be. You gotta be proactive, not reactive.

You got the internet at your fingertips. Get to researching how you can get some of these funds. And do it the legal way.

I’m saying. These dudes hand holding and shyt. On one hand it’s waiting for the Government to only do something for black people then on the other it’s wondering why they don’t go get any of the money the government throws out there. And I’m an economic progressive who wants a much stronger social safety net…but holy shyt. All these do for self so called conservatives (since y’all hate democrats now) don’t actually wanna be about that life!

 

[tuckgod]

Where are you in line?

are you getting in line?

Only line I’m in is reparations for ADOS.

I don’t need a loan for my business.

Working on these grants though.

 

[tuckgod]

What is the average hood person?

Breh, y'all gotta get rid of this mindset, man. Go out there, put in the work to get yours. Y'all sitting around waiting for something to fall into your laps. That ain't the way to be. You gotta be proactive, not reactive.

You got the internet at your fingertips. Get to researching how you can get some of these funds. And do it the legal way.

Some of us have elder family members that never sold their soul.

 

[Ya' Cousin Cleon]

but then they turn around and mock the people in the hood selling plates, eye lashes and the like.

What is the average hood person?

Breh, y'all gotta get rid of this mindset, man. Go out there, put in the work to get yours. Y'all sitting around waiting for something to fall into your laps. That ain't the way to be. You gotta be proactive, not reactive.

You got the internet at your fingertips. Get to researching how you can get some of these funds. And do it the legal way.

 

[Neo. The Only. The One.]

Some of us have elder family members that never sold their soul.

Nikka, you ain't never had one. You a full clown c00n through and through. I hate negroes like you. Backstabbing fool c00n.

 

[☑︎#VoteDemocrat]

Only line I’m in is reparations for ADOS.

I don’t need a loan for my business.

Working on these grants though.

Oh really?

Black businesses only received 1.7% of the $23.09 billion in total SBA loans under President Obama’s SBA (Small Business Administration), after having previously received 8.2% under President George W. Bush. Succeeding as an entrepreneur requires capital, so our agenda demands that 15% of SBA loans be distributed to ADOS businesses.

Mandate that the government’s advertising budget include Black media. There is no ADOS community without our own media. Incentivize through legislative action that all major companies spend 10% of their advertising budget with ADOS media in exchange for tax credits. In addition, mandate that 10% of government advertising for governmental agencies, armed forces and other ancillary programs go to majority ADOS owned media companies.

Black Economics matters like a muthafukka, but if Black culture isn't set up to where sharing information, connections, and opportunities is second nature (like the Jews, Chinese, Nigerians, NOI, etc.), then all you have is a bunch of nikkas preaching Black Economics so they can horde as much wealth as possible for themselves.

 

[tuckgod]

Oh really?

I’m a cold ass nikka.

Thanks for the reminder.

fukk this gotta do with the thread though?

You think a business loan is empowerment?

 

[Black Magisterialness]

The government considers the following minorities

- VVhite Women
- Gay/Intersex/Non Binary vvhite men
- All Hispanic groups

Minority does not mean black any more and hasnt for a white

The article also mentions people in poorer communities which is a significant percentage of vvhite people regardless of gender orientation.

This is a stimulus check for people who are already plugged in under the guise of saying "we're helping the blacks" and trotting out the token to be the face of it.

Tell me you stopped at the first paragraph, without telling me you stopped at the first paragraph.

You gonna get your money up and start a business or you just gonna complain that other folks actually use the tools available for them. There's a difference between 50 years ago being frozen out of the process and simply not using the process.

 

[Treblemaka]

Jesus christ. They literally say they are targeting black communities in the fukking article.

They also say poor and minority. I was only pointing out what minority means to the goverment.

You are fukking stupid if you don’t get any of this money. Read between the lines.

I didn't say I wasn't going to try to get some money. The reality is most black people don't qualify because most don't have legitimate businesses (like most of America). I'm reading between the lines in showing who they are really targeting with this money.

Tell me you stopped at the first paragraph, without telling me you stopped at the first paragraph.

You gonna get your money up and start a business or you just gonna complain that other folks actually use the tools available for them. There's a difference between 50 years ago being frozen out of the process and simply not using the process.

I own one LLC out right and am a major stakeholder in two others. I qualify and will be trying to get some of this money. Do you qualify?

If people think this is designed for our community or that our community are going to get the lions share of this money they are deluding themselves.

 

[Nigerianwonder]

Jesus christ. They literally say they are targeting black communities in the fukking article.

No it doesn't. This is just giving funding for ALL small businesses. Here is the only line that matters in the article.

"The U.S. Treasury Department announced Tuesday the release of $8.7 billion to help increase lending to small and minority-owned businesses and people living in poorer communities with limited access to banking."

This pretty much covers everyone with a small business. White people, black, jews, gays, hispanic. This language is purposely inclusive and anyone can qualify. That's why "small business" is purposely separated from "minority owned business". They are two separate things and If a white person owns a small business they qualify per the language above. "People living in p

And because the money goes directly to banks and credit unions this will not stop them from continuing their discriminatory practices in giving black companies loans. Only 2 percent of black businesses actually received ppp loans and racial discrimination from banks was proven.
Racial Bias Skewed Small-Business Relief Lending, Study Says

 

[alpo]

The government considers the following minorities

- VVhite Women
- Gay/Intersex/Non Binary vvhite men
- All Hispanic groups

Minority does not mean black any more and hasnt for a while

The article also mentions people in poorer communities which is a significant percentage of vvhite people regardless of gender orientation.

This is a stimulus check for people who are already plugged in under the guise of saying "we're helping the blacks" and trotting out the token to be the face of it.

 

[☑︎#VoteDemocrat]

I didn't say I wasn't going to try to get some money. The reality is most black people don't qualify because most don't have legitimate businesses (like most of America). I'm reading between the lines in showing who they are really targeting with this money.

bro. Idk what to tell you. There’s money out there. And just like business there’s no guarantees. But don’t act like this wouldn’t be a godsend for those who have their shyt together.

 

[☑︎#VoteDemocrat]

No it doesn't. This is just giving funding for ALL small businesses. Here is the only line that matters in the article.

"The U.S. Treasury Department announced Tuesday the release of $8.7 billion to help increase lending to small and minority-owned businesses and people living in poorer communities with limited access to banking."

This pretty much covers everyone with a small business. White people, black, jews, gays, hispanic. This language is purposely inclusive and anyone can qualify. That's why "small business" is purposely separated from "minority owned business". They are two separate things and If a white person owns a small business they qualify per the language above. "People living in p

And because the money goes directly to banks and credit unions this will not stop them from continuing their discriminatory practices in giving black companies loans. Only 2 percent of black businesses actually received ppp loans and racial discrimination from banks was proven.
Racial Bias Skewed Small-Business Relief Lending, Study Says

If you can’t get money from a minority business pot of money then just say so.