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zedshaw's profile
Zed A. Shaw, Painter
Zed A. Shaw, Painter
Zed A. Shaw, Painter
@zedshaw

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Zed A. Shaw, Painter

@zedshaw

Personal artistic explorations in pigment. Follow @lzsthw is for http://learncodethehardway.com  programming books and code stuff.

Miami Beach, FL
Joined June 2008

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    1. Zed A. Shaw, Painter‏ @zedshaw Apr 22
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      This is just so stupid. That supposed $350 billion for "small businesses" allowed up to $10 million loans. WTF? How can you be "small business" and spend $10 million over 2 months? https://www.bloomberg.com/news/articles/2020-04-22/jpmorgan-commercial-clients-beat-out-smaller-ones-for-sba-loans … All of the money just went to large businesses, not small.

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    2. Zed A. Shaw, Painter‏ @zedshaw Apr 22
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      Let's go to WolframAlpha to see how many actually small businesses they could have served if they set the cap at $100k: https://www.wolframalpha.com/input/?i=349+billion+%2F+100+thousand … Oh look at that, 3.5 million actually small businesses. Instead, fucking Shake Shack got one? The large big burger chain? GFYS.

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    3. Zed A. Shaw, Painter‏ @zedshaw Apr 22
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      Harvard got $9 million: https://www.forbes.com/sites/susanadams/2020/04/21/why-is-harvard-getting-9-million-in-stimulus-money-when-it-has-a-40-billion-endowment/#12b7c91b6f00 … And they have a $40 BILLION dollar endowment. Again, GFYS Harvard, you don't need it. I suspect Harvard actually had employees embezzle its endowment and they're trying to refill it Bernie Madoff style.

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    4. Zed A. Shaw, Painter‏ @zedshaw Apr 22
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      To fix this program for "small businesses" it should be structured like this: 1. Max allowed is $100k. 2. No lawyers allowed. If you had a lawyer fill out your paperwork you pay it back. 3. Priority goes from least to greatest by number of employees you employ.

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      Zed A. Shaw, Painter‏ @zedshaw Apr 22
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      Honestly though we all knew it wasn't for "small business". It was always a clever way to hand money to large and giant corporations that have the lobbyists and lawyers.

      8:57 AM - 22 Apr 2020
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