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Business Loans 9/11to Hurricanes


Plenoptic

When the terrorist attacks hit the United States on September 11, 2001 many people were hurt by it either physically or by losing someone in their life or their business. For all the businesses affected by it they could recieve a business loan of course. The government set aside 84 million dollars to be used for these businesses and these businesses alone. The only problem was when people applied for loans they recieved the money from the money set aside but they were 3,000 miles away from New York City in other parts of the United States. About 29 Dunkin Donoughts and 49 Subway restaurants were opened with this money that were given loans under the September 11 pretenses. The store owners hadn't known anything about it and when they heard about it they were caught completely off guard. The SBA (Small Business Administration) said that they were giving loans to businesses that were affected by the littlest things because they weren't recieving many applications for loans. This is all part of the Small Business Disaster Program set up by the SBA. They were helping the smaller companies so they could make more money out of it whether they were affected or not. Of course the SBA made up an excuse but no one bought it. This makes people wonder just what have they been doing to the money sent in for Hurricane Relief Funds? Have they really been helping those who need help? You can't really trust anything when there is money involved. You can't even trust that money you are donating out of your own pocket to give to those who need help. You can't really know for sure that your money really goes to what it is supposed to or where you thought it was going. Even the government will try to take the path that gets them more money.


ongnoai

You can't really trust anything when there is money involved.  You can't even trust that money you are donating out of your own pocket to give to those who need help.  You can't really know for sure that your money really goes to what it is supposed to or where you thought it was going.  Even the government will try to take the path that gets them more money.

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Hi Plenoptic,

 

I'm not sure I can have an educated opinion about what you say aove, but I'm fairly sure that spoiling the taxpayer's money is a most common disease worldwide. The same holds obviously for donated funds. Sigh...

 

Good luck with that topic. I'm going to put a tab on it, just in case.



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