Biden caught in ANOTHER LIE. (Comparing PPP loans to student loans.)

https://www.foxnews.com/media/biden-schooled-equating-ppp-loans-student-loan-handout-bash-gop-policy-illiterate-talking-point

First, for those who didn't know what a PPP loan was (and I didn't either) it's a business loan for those companies hurt by the Covid hoax and government shutting them down. It's a lot of money. Here's what Unelected Joe tried to say.

Slamming GOP lawmakers who opposed the massive government handout, he said, "I don’t wanna hear from MAGA Republicans, officials who had hundreds of thousands of dollars of debts, even millions of dollars in pandemic relief loan, forgiven, who are now attacking me for helping working-class and middle-class Americans."
He then went after Taylor Greene and other lawmakers, saying, "Marjorie Taylor Greene, she got over – she and her husband got $180,000 in business loans forgiven in the PPP program. She said it’s completely unfair for us to forgive student loans for working and middle-class Americans."

He continued, "Representative Vern Buchanan of Florida said our plan was ‘reckless.’ Guess how much he got in that program forgiven? $2,300,000." The crowd responded with boos, as Biden quipped, "This is not a joke. Can’t make this stuff up."

Biden also took aim at Sen. Ted Cruz, R-Texas, in the speech, stating, "Ted Cruz, the great senator from Texas, he said it’s for ‘slackers.’ Quote, ‘Slackers who don’t deserve relief.’ Who in the hell do they think they are?"

I know some libs here are playing with themselves right now, after reading this. But here come the facts.

Judicial Watch president Tom Fitton debunked the president’s argument, writing, "Fact check: Fake history and false comparison. PPP loan forgiveness was passed by Congress -- the loans were designed to be forgiven. Biden has no legal/constitutional authority to spend hundreds of billions of dollars to forgive student loans without congressional authorization."

Conservative radio host Erick Erickson slammed Biden, stating, "Comparing PPP loans when the gov't forced people to shut down and businesses kept paying people salaries to student loans is ridiculous and shaming people for taking PPP when gov't forced them to shut down is absurd."

Senator Cruz ripped Biden to shreds, tweeting, "Unbelievable gall. Dems kept America shut down & disintegrated small businesses & jobs of working Americans…now he's comparing PPP loans that people got to deal w/ those govt mandates to loan forgiveness he gave to his Ivy League slacker fringe liberal base to buy their votes."

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TrashCat · M

Not a lie at all. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government. Members of state and federal senate got their loans forgicen, so should hard working Americans. Cruz needs to go back to Cancun

Reason10 · 70-79, M

@TrashCat
The government shut down those businesses, hence the PPP program.
The government did NOT force those idiot kids to borrow huge sums of money for useless Lesbian Dance Theory degrees that won't even buy them a dishwashing job at a restaurant.

Those kids are NOT hard working middle class types. They are spoiled brats who are sitting on their fat asses DEMANDING THAT HARD WORKING MIDDLE CLASS PEOPLE PAY THEIR STUDENT LOANS.

independentone · M

@Reason10 The government didn't shut down any business. You really don't know what you're talking about.

Reason10 · 70-79, M

@independentone You obviously were born in 2022.
Businesses EVERYWHERE were shut down. Schools were shut down. In several blue states, there were THREATS against people who wanted to swim in the Atlantic Ocean.
CHURCHES were shut down. Religious freedom was denied, but
THIS happened in blue cities everywhere.

Democrats had no problem shutting down churches, but they turned a blind eye to the animals who did all this damage.

TrashCat · M

@Reason10 wtf 😂
You need to relax and shut off your fear mongerers. Take a couple of these and come back when your cycle is regulated. Check your glucose levels too. As you get older and put on weight you're ate risk for diabetes2

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TrashCat · M

@Reason10 well I already offered an intellectual comment and you reaponded with bullshit rightwing lies. You don't deserve anything more, grandpa. For your information, these "littele brats sitting o their fat asses" are in better shape than aging boomers suffering from diabetes 2, whining and watching disingenuous crap being spoon fed to them.

Reason10 · 70-79, M

@TrashCat I responded with facts. Only idiots call them rightwing lies. Most of America is mainstream Conservative. And your inability to handle that is not my problem.
The Occupy Wall Street movement was created by those same "little brats sitting on their fat asses" protesting because their Lesbian Dance Theory degrees didn't get them the six figure jobs they thought they were entitled to. They were protesting having to pay back the student loans, when they were to effing STUPID to choose a degree that would get them a job. Yes, they are in great shape, and their degrees MIGHT get them a burger flipping job at McDonalds. As far as aging baby boomers, we CREATED the great economy you brats inherited. We EARNED our money, paid our bills and are now existing comfortably while you communists are coming at us with your hands out and guns pointed at us.
Seig Heil.

TrashCat · M

@Reason10

guns pointed at us

.
😂
Leftists don't have guns, silly.

You must be pissed at Trump for having 8 bankruptcies and $15million handed to him by his daddy.

Reason10 · 70-79, M

@TrashCat Trump BORROWED one million from his father and had to pay it back with interest.
(Sometimes, your LIES get so tiresome.)

independentone · M

@Reason10 Trump inherited 250 million from his father which has kept him afloat and allowed him to invest in failed businesses

TrashCat · M

@Reason10 LOL. He inherited it and the rest was a handout.

Reason10 · 70-79, M

@independentone That is a LIE.
Trump worked in his father's construction yards before attending the finest business school in the world (Wharton School of Finance) He took his father's company to Manhattan. He had some ups and downs, especially in the volatile real estate market of Atlantic City, New Jersey. And he did borrow a million dollars from his father, and paid it back with interest.
He then built a TEN BILLION DOLLAR international empire.
And unlike Unelected Joe, he didn't need to depend on a pedophile crack head son to help funnel millions of dollars from the Communist Chinese.

https://www.realclearmarkets.com/articles/2018/10/09/sorry_new_york_times_donald_trump_is_self-made_103439.html#!

independentone · M

@Reason10 Are you now claiming he didn't get 250 mil when his father kicked off? And fyi, Trumps so called empire was recently valued at 3 billion. Had he simply left the money he inherited in the bank at normal interest, he would have had a lot more money now.