Friday, August 26, 2022

Student Loan Debt Is an American Malignancy Born of Ronald Reagan

 Completely agree.  

Forgiving student debt is not a slap at anybody; it's righting a moral wrong inflicted on millions by Reagan and his morbidly rich Republican buddies.

Student Loan Debt Is an American Malignancy Born of Ronald Reagan

Thursday, August 25, 2022

EXCLUSIVE: It pays to be rich! America's wealthiest, including Tom Brady, Khloe Kardashian, Reese Witherspoon, Kanye and Nancy Pelosi's husband took millions in PPP loans – and nearly all have been forgiven

 

  • Celebrities including Kanye West, Jay-Z and Khloe Kardashian received millions in government PPP (Payment Protection Program) loans, set up for desperate businesses hit by the Covid pandemic
  • DailyMail.com can now reveal the exact amounts that these millionaires took out via the government program 
  • Kanye West's Yeezy LLC borrowed $2,363,585, with $1,772,689 being spent on payroll for 106 staff
  • Khloe Kardashian's denim brand Good American LLC had a loan of $1,245,405 approved on April 14, 2020, mostly for the payroll of 57 workers. The full amount, plus interest, was forgiven
  • In most cases, the loans have been 'forgiven' so the full amount, including interest, will not have to be repaid, despite the owners' wealth

EXCLUSIVE: It pays to be rich! America's wealthiest, including Tom Brady, Khloe Kardashian, Reese Witherspoon, Kanye and Nancy Pelosi's husband took millions in PPP loans – and nearly all have been forgiven