NBC Data might show that PPP Loans were Given to Trump & Kushner affiliated firms
Nixon once asserted: “Well, when the president does it, that means that it is not illegal”. The implication was not lost on Trump who has seemingly flaunted the law throughout his life and then appeared to shift into overdrive once in the White House.
Naturally, as has been evident as well, also even boasted “I don’t pay taxes because I’m smart”, and when money, especially free money gained at the expense of the less fortunate, it seems Trump and his “Jr. partner Jared Kushner might indeed pull out all the stops.
Therefore, it comes as no surprise that, once details on who received pandemic relief loans were revealed by the Small Business Administration, including the PPP or Paycheck Protection Program, multiple businesses linked to both were allegedly present.
NBC news: Over 25 PPP loans worth more than $3.65 million were given to businesses with addresses at Trump and Kushner real estate properties, paying rent to those owners. Fifteen of the properties self-reported that they only kept one job, zero jobs, or did not report a number at all.—NBC News
While there have been many reports of fraud and abuse related to this and other pandemic relief programs, most stories on these were slanted towards shaming various individuals who had engaged in fraud to obtain the loans.
There were also numerous accounts of, in some cases, public companies with access to billions in capital applying for and receiving $100s of millions of dollars in forgivable loans. Names like Shake Shack, Ruth’s Chris, Potbelly Corp. and others were embroiled in controversy when some information leaked, and in some cases the companies, fearing public boycott or backlash, returned funds. While these examples show no specific wrongdoing on any particular company, the appearance of impropriety is nevertheless in question.
Now with more data the headlines are expanding to include potential impropriety , if not possible criminal action of Trump and Kushner seen as bilking the program at will, as well as massive and tragically-comical mismanagement of the “relief” funds with 100s of examples such as loans payed to companies that did not supply a name and many larger companies using multiple subsidiaries to gang together groups of smaller loans into sums totally tens of millions or more.
According to NBC, All these tricks and potentially more were employed (surprise!) by Trump and Kushner affiliated firms.
NBC: Sweeping [analysis of] data released by the Small Business Administration…found that properties owned by the Trump Organization as well as the Kushner Companies, owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, profited from the program.NBC News
The potential abuses, beyond the obvious one that this money was meant to relieve business not connected to government officials, and those who’s business were damaged by the pandemic in general, followed a pattern where the money flowed to those that needed it least (due to massive wealth, such as stories that have circulated about Kanye West) or due to already having existing access to nearly unlimited capital (such as the public companies that lined up to access relief funds rather than use billions they had in reserve).
Other examples of Trump allegedly using and exploiting the presidency are so common as to make it almost redundant to cite these massive, and if true, unethical and potentially criminal abuses. So many have already been noted and cited in the press – from the profits flowing into his properties directly from taxpayer dollars or by diverting foreign officials to them, tax cheating, dirtying money to his daughter and son-in-law, on and on it goes.
The only question that remains is why there appears to be “no-one home” when it comes to holding Trump and his family of abusers accountable. Much has been made of his soon-to-be gone immunity from federal prosecution, but what about the family? Pardons and tra-la-la?
That can’t be the way this ends. Otherwise the rest of us are just as corrupt by letting it happen without a response of appropriate magnitude.
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