The hotel conglomerate run by a major campaign donor to President Donald Trump, Monty Bennett, announced Saturday it would return all the money it received through the Paycheck Protection Program.
A Bennett company spokesman did not immediately return a request for comment Saturday night. Two days ago, the Bennett spokesman said the company was still deciding whether to return the money. Spokespeople for the Treasury Department and Small Business Administration did not immediately return requests for comment Saturday.
And here's another article:
Here's the Marijuana Stock Most Likely to Double Your Money Over the Next 5 Years
Let me first acknowledge that I don't know for sure which marijuana stocks, if any, will actually double your money over the next five years. I don't know with absolute certainty which stocks, regardless of industry, will double your money over the next 20 years. But neither does anyone else.
That's exactly what I set out to do. And I've identified the marijuana stock that I think is the most likely to double your money over the next five years.
* * *
I first eliminated all of the marijuana stocks that have a significant potential of losing your money over the next five years. That weeded out a lot of them (no pun intended).
Some choose to donate stimulus money | News, Sports, Jobs - The Times Leader
WHILE SOME people desperately need their federal stimulus check to pay bills, others are spending it locally to stimulate their local economy. Then, there are those who are finding ways to donate the money to people in need.
“I thought, ‘How can I help from home?'” he said. “And then I thought about the stimulus check. Obviously, a lot of people need it, and some desperately need it, but my income, my wife and I, our income is Social Security and a couple small pensions. Our income is not affected at all.”
Coronavirus pleas on GoFundMe ask for money for food, rent - Los Angeles Times
They are cries in the dark, on GoFundMe, to strangers. Pleas for any aid, even $1, to help pay the rent or fill an empty fridge.
* * *
Past 2 a.m., I was still there, unable to stop reading — floored all over again by a breadth of hardship I had thought I understood.
I did everything right, I supported myself, I followed the rules, and yet here I am up a creek without a paddle.
GoFundMe, when you start scratching below the surface right now, is a gut punch of unfiltered, raw need. Children asking for help to bury parents felled by the virus. Mothers struggling to feed their babies. Shops and restaurants trying to drum up support for laid-off workers but also rent money to survive long enough to be able to reopen and rehire them.
And here's another article:
South Africa deputy finance minister urges central bank to print money to fund
JOHANNESBURG (Reuters) - South Africa’s finance deputy minister was quoted in a leading newspaper on Sunday as urging the central bank to temporarily create money to fund the government response to the COVID-19 pandemic and its economic fallout.
In an interview with the Sunday Times, David Masondo called on the government to avert a 1930s-style depression by getting the central bank to buy government bonds directly to fund the country’s deficit during the coronavirus crisis.
White House adviser won't rule out more money for states, small businesses -
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Sunday he would not rule out any element in the next potential coronavirus relief bill, including more money for state and local governments and the small business program.
More than 30 million Americans have joined the unemployment benefit rolls over the past six weeks and lawmakers on Capitol Hill are discussing a fourth coronavirus relief bill. Democrats are calling for aid to cities and states and some governors have warned of massive layoffs if they fail to get it.
Hotel chain to return government money | News Talk WBAP-AM
Dallas (WBAP/KLIF) – A group of high end hotel chains run by Dallas businessman Monty Bennett announced Saturday it will return all the government stimulus money it received as coronavirus relief. The group got a combined $126 million from the Small Business Administration.
Try These 5 Things Before Prematurely Taking Money Out Of Your Retirement Savings
"These are emotional times and it can be tempting to take funds from a retirement plan to pay for current expenses," says Allison Brecher , General Counsel at Vestwell in New York City. "Participants closer to retirement age should presumably already be invested in conservative options that are not as susceptible to market fluctuations. Younger participants who have a longer time horizon before retirement may be better served by remembering 'don't touch your face OR your 401(k).'"
Happening on Twitter
BREAKING NEWS: Monty Bennett is returning the PPP money. First here, via @businessinsider https://t.co/oKeP8VmJAn tomlobianco (from Washington, DC) Sun May 03 00:13:31 +0000 2020
UPDATE: Firms controlled by major TRUMP donor MONTY BENNETT will return $70M in @SBAgov loans meant for small busin… https://t.co/cLssVQVHSJ kenvogel (from Washington, DC) Sun May 03 03:12:06 +0000 2020
Monty Bennett, Trump donor and largest recipient of PPP funds, will return money - Business Insider https://t.co/Z6SiJ3dkZz TrueFactsStated (from DC and on the road. ) Sun May 03 00:25:55 +0000 2020
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