Tag: PPP
State Employment Development Department Empowers “Biggest Fraud on Taxpayers in California History”

California’s Employment Development Department (EDD) doesn’t develop much employment beyond those who work there. On the other hand, as Katy Grimes shows in the California Globe, EDD performs well at perpetrating fraud on California taxpayers. Since Gov. Newsom ordered a lockdown in March, “millions and quite possibly billions of dollars has been sent to...
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Celebrities Cash In on COVID-Relief Fraud

To borrow a line from the movie Taken, the U.S. government has a “particular set of skills.” It borrows trillions of dollars and it spends trillions of dollars. Unlike Liam Neeson’s character in Taken, Uncle Sam isn’t particularly good at either of these skills. After state and local governments shuttered businesses and mandated residents...
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Federal PPP Loans Put Corrupt Hands in the Till

COVID-19 has taught us that the government is bad at spending money. It might be different if it could target money where it’s needed most. But federal bureaucrats lack that ability. Because they do, billions have gone to waste. That waste has left millions of needy Americans in the lurch. Let’s start with the...
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The Devil in the PPP’s Bailout Details

Of all the actions the U.S. government has taken during the coronavirus pandemic, the Paycheck Protection Program (PPP) has been one of the most effective in achieving its desired results. The PPP provided $510 billion in emergency loans to small businesses to let them continue paying the incomes of their employees as they were...
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