The small-business loan program ran out of money within minutes according to some banks. Stephanie Ruhle joins Chris Hayes to discuss how that happened and what could happen next if more funding goes toward the Paycheck Protection Program. Aired on 4/20/2020.
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Stephanie Ruhle On Additional $250B To PPP: 'In The Blink Of An Eye, It Will Be Gone Again' | MSNBC
I believe nothing that comes out of Trumps mouth or anyone in this Administration!
@Li Li Yes. I can’t do my work; it’s around crowds. How do you feel about the governors of the blue states and their ignoring of the Bill of Rights and the Constitution, even though they have sworn to uphold both? You know, trying to communicate with a Lefty is nearly impossible. Basically, Dems are supporters of politicians and socialist agendas that ruin. I don’t know, if they want our lives destroyed or, they’ve fully bought into the hate-one-man (Trump) disingenuous diatribe. Certainly some, would be both.
The news tells people what to think when they don’t want to thank for their self. Brainwashing the masses with lies. Most people are too busy to research for themselves and they trust name brand news when all they are are propaganda pushing puppets freaking communist.Fox new pm’s& fox business are only ones reporting fact backed up with evidence.
@M Allison I got a fat check& im nobody. Humm
@Jennifer Miller Agreed 100%.
@john emeigh Trump 2020
Too much of this money went to the wrong people. Companies with large cash reserves should not have gotten ANY money especially if they used their tax scam money to buy back their own shares. ALL of this money needs to go to businesses with 50 or fewer people employed.
@Norma Ragland what is your point. never mind, you may leave now
I received my Trump money last week 😀
tinyurl.com/ybx3v2jr 👀
@William H It’s not Trump money. It’s tax payer money. Your neighbors gave you that money…not Trump.
you must have first hand knowledge to know such things ? did you know that the corporations are like a Trojan Horse, would you like me to explain this to you? Did you also know that taxation is a form of tenementship , where you and your property are owned by the government , who owns the government surely not the people who it was suppose to be formed by as if there was a true constitution based on agricultural despotism , that by the way is the aka metaphor within Adam Eve Cain Abel, unless you read the bible literally like they sell you… God help me for I have sinned for telling the truth… oh well…
That makes too much sense so it won’t happen. Smaller companies don’t have the resources to lobby (bribe) government.
I’m going to need at least one billion to restart my “used regurgitated food” business…a lot of really stupid fat republicans are counting on me!
I love her….very smart and tells you what you need to know without any waffle
She got busted cheating on her husbad….🤣
Are you listening to what she saying? She’s advocating for the mom and pop stores not to get the money how was that cool?
Big Wig need to listen again but my takeaway was that the bigs guys are the ones that she is saying shouldn’t be taking the money. They might qualify but they shouldn’t.
@Rheinmeister09
I heard it different but I agree with you they shouldn’t be the ones taking all the money!
@Big Wig You heard wrong lol
We need to get Donald Trump out of office put somebody else in the White House Donald Trump does not care about us
And Odummer did?
@Logan McLean The public record contradicts your claim. Give credit where it is due.
@Dan Dan idiots and dictators.
@frictionRx9 who the heck are you watching. If you can’t believe what Trump says and does and he calls it a hoax in front of your faces just shows you how much you love our Country that you would sell us all down the river for that POS and don’t get it, then there’s nope hope for you.
💙🌊💙🌊💙🌊
@William H well Trump did much better than Obama. Trump managed to destroy this country’s reputation in the world in no time at all. Well done
The banks using their own policies to dictate who gets the funds defeats the purpose of the stimulus.
Everyone needs it right now.
Rich business people are taking a large % of the money handed out to the poor middle income business people…. Hmmm sounds like Normal Crony capitalism to me….
Funny how social safety nets for the poor are a burden too far… Right up until they need a bailout… to the tune of billions! But, get rid of those damned food stamps.
💥M💀R💀N💀-VIRUS-45=🏴☠️💥
Anthony Leapheart it is called an Oligarchy. For the rich, by the rich.
Yup. Welcome to America, land of the con.
“Ok, so that’s $250 billion added to $2 trillion aaaaaand it’s gone”
And make no mistake, most of that money is going right into the hands of the already rich, for one very simple reason: there’s no accountability for the funding! This will turn out to be the biggest Republican scandal in the upcoming election.
I guess “praying the virus away” wasn’t a viable option huh Pence?
@Coma White Dear Coma White, My response was not meant to be rude. I was trying to do my best Jersey or New York accent. But I guess in print it sounded different if it even sounded at all. I hope no offence taken? Sorry.
In Pence case it wasn’t, because the LORD does not listen to fake “Christians”. Hahahaha.
It only works for gays.
“Paying the virus away”
Pence: “I know. Let’s call it the Praycheck Protection Program”.
Pence lies
tRUmp lies
Huge fail
VOTE THEM ALL OUT
🌊🌊🌊🌊🌊🌊🌊
@Rick L right because you say so..tell me does biden tell the truth? Or does he constantly lie too?
@William H Trump told us the number of people with C-19 would be down to zero very soon- that was several weeks ago.
Jeff Woods
You have been sold by the orange loaf (on a stick) to Russia / china / N Korea etc and all he had to say is one word “Democrat” and you bent over and assumed the position. You continue to support this irresponsible, infantile, fraudulent, incompetence, psychotic clown whose actions have lead death (in the form of COVID-19) to your door, but still, all he has to say is “democrat” and you are off like a well trained parrot. This reality defines your world.
VOTE TRUMP, He has done a great job with the China Virus. The economy will come roaring back and the USA will calm down. We are not voting for a senile 78 yr. old who can’t string a sentence together, nor for a Communist. Trump is going to nominate Nikki Haley for VP and she will end up being the first woman VP and President in 2024. Let’s concentrate on getting the house back and increasing the majority in the Senate so something can get done. The fraudulent “RUSSIAN COLLUSION ” or the Fraudulent ” UKRAINE QPQ”, and now they want an investigation about COVID. I’ll save them the trouble…….CHINA DID IT and COVERED IT UP.
Byron Allen
I will take the “senile 78yr old” who warned us, in early January, about how ill prepared this Adminstration was with protecting the country from COVID-19, and you can keep the orange loaf!
Just like the first $ 1.5 trillion pumped in the stockmarket when they lost 1,000 points. Within a day it was gone. Like magic. Trump is a magician.
Dfg lub
Absolutely
Within a day?
That money was gone within an hour.
LOL was an answer to fossil fuel, Russia & Saudis did a trade war they lost 0. The intended result was to smack American oil producing barons they succeeded American barrels lost value sold below market & earned 0 profit as a result lowest gas prices in America Trump/Mnuchin/trump threw $1.5 to soften the blow to fossil fuel as you can see
A. It was never about the people scam #1 $1.5 trillion went to fossil fuel if you dont believe then check what your 401k lost it didnt go up as a result of the $1.5 trillion scam
B. 2 trillion pandemic bailout of the people 76% went to the 1% a scam
C. Additional $500 billion pandemic money to replace what the 2nd scam 2 trillion scam didnt due. New scam
D. Rent & Mortgage bailouts are loans.
I hope one day we can find out how much embezzlement has happened over the last 4 years.
That will be a lot of work to do but I hope as much as possible will be revealed.
give trump enough time, he’ll brag about how much he’s stealing
Every single crime is going to be EXPOSED.
Derek Brandell , that day will never come ever. I just still don’t understand why Michael Atkinson got fired?
Large corporations had enough money to buy back their own stock when they got the $1.3 trillion tax break. They should have enough now to bail themselves out, right?
of course not…corporate heads share traits with psychopaths why would they care about people when the only thing of value is the money they have to help them feel like someones….
Socialism only happen if youre rich in america.
You are right to a point provide the company is setup and manged correctly. For instance, good well managed companies generally have a slash fund available for those rainy day that might happen and these slash fund generally have nearly twice the gross profit to fall back on if that rainy day comes. But sadly that method doesn’t seem to exist these day and many company are not properly managed and thus have nothing to fall back on if that rainy day comes like what is happen in this current crisis.
One BIG lesson to be learned here is that to many CEO’s today get paid way to much and are hire from the outside as oppose to be promoting from within the company’s ranks.
Or let them fall. Isn’t that capitalism?
Ro G ; I’d rather see them as structuring “themselves out.” Your point is spot on.
An incredible success? I do not know a single person or business who has received ANY of that money. Give us an accounting, please.
@J M M Yep.
Some received their loans, some didn’t. I’m still waiting on mine so I can pay this month’s commercial rent and utilities, which the national grid isn’t even giving us a break.
I’ve seen people get approved with small business. I also got approved… they out there.
Trump probably took millions and repaid Putin for the great smear job he did on Democratic candidates in 2016.
@TheWOLFMAN6220 Julian Assange’s incarceration comes to mind. Trump loved WikiLeaks until he got what he wanted. Isn’t it amazing what the president of the United States of America is capable of doing. Trump is an evil narcissistic person.
Vote out polticians who bailout corporation decade after decade with our money DUMP TRUMP 2020
We the people should demand an audit of where all that business loan money went.
Why? Nothing will be done.
Ah, but the illustrious leader already fired the oversight that was in the bill
We are all connected boycotting can be done
Trump: “I’m the transparency”……what a joke.
Welfare for the rich. This is what Repubs do best.
@Kevin Kemble okay, what exactly are you doing here? MSNBC is a left leaning political cable news program. I’m not sure what you hope to accomplish except to troll which is definitely an activity that doesn’t line up with anything Christian.
Kitt Songstad : Kitt Songstad ; if you mean “trickle down,” you have an employee mindset.
That means you have unfortunately decided to choose entitlement & dependency.
You have chosen, all due respect, to slave for another man’s dreams. Do a trick get a treat …by exchanging hours of your life for a dollar bill.
The dollar in your pocket makes every decision in your life 100%. That dollar tells you how you will live 24/7.
As for “don’t have the concentration,” that in of itself reminds me, As a dog returns to his vomit, so a fool repeats his folly – Proverbs.
You have the right to choose.
What will you be remembered for in 2020? “Lost me.” Most likely you will opt to “don’t have the concentration,” rather to consider a different way of experiencing life on life’s terms.
Your determination choosing entitlement & dependency vs. opportunity & free enterprise has a cost.
Either way, there is a cost.
I became very suspicious of the now 50hrs wk/50wks yr/50yrs Plan.
I stopped to consider your response at “I don’t have,” sentence.
You are snared by the words of your mouth. Then again, your bank account or checkbook will tell the world where your heart rest. Thank you for the “highlight.”
Kitt Songstad ; “doesn’t line up with anything Christian.” There you go again…. As a dog returns to its vomit, so a fool repeats his folly. Ty for the “highlighted reply” sir.
Kitt Songstad ; if you mean “trickle down,” you have an employee mindset.
That means you have unfortunately decided to choose entitlement & dependency.
You have chosen, all due respect, to slave for another man’s dreams. Do a trick get a treat …by exchanging hours of your life for a dollar bill.
The dollar in your pocket makes every decision in your life 100%. That dollar tells you how you will live 24/7.
As for “don’t have the concentration,” that in of itself reminds me, As a dog returns to his vomit, so a fool repeats his folly – Proverbs.
You have the right to choose.
What will you be remembered for in 2020? “Lost me.” Most likely you will opt to “don’t have the concentration,” rather to consider a different way of experiencing life on life’s terms.
Your determination choosing entitlement & dependency vs. opportunity & free enterprise has a cost.
Either way, there is a cost.
I became very suspicious of the now 50hrs wk/50wks yr/50yrs Plan.
I stopped to consider your response at “I don’t have,” sentence.
You are snared by the words of your mouth. Then again, your bank account or checkbook will tell the world where your heart rest. Thank you for the “highlight.”
@Kevin Kemble I don’t think you are interpreting that scripture in the intent it was written. That is talking about sin and particularly about repentance. Trickle down is a term coined by Republicans. I don’t think they use it anymore but they still sell the concept to their sheep. Congress uses it to justify corporate welfare when in fact it is they who are getting kickbacks and candidacy pledges. They could care less about their constituents. So at any rate I don’t think we should converse anymore because I don’t want to return to my vomit. And I am not a sir, I am an older woman.
Stephanie Ruhle is one of the very best eggs on MSNBC in particular and in news media in general.
And she’s been cutting her own hair, so she has a skill to fall back on.
The best keep up. The good work
Would you say “She Ruhles” …Sorry
Make it public record for all the companies that got approved. I bet 80% of them are wealthy businesses.
40 of the corporations are public traded compnies with assets from 10 to 100 million
Any businesses that can pay their CEOs million-dollar salaries should NOT get stimulus money!!
Don Post amen🌺🌺
We wont, just like we should have marched on the WHITEHOUSE during impeachment as 20 million americans we didnt.