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  • COVID-19: This is when life will return to normal, according to the experts

    https://www.weforum.org/agenda/2020/...ramlity-chart/

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    • Loans Intended For Small Businesses To Retain Workers Were Hijacked By Large Corporations And The Rich


      The Paycheck Protection Program, part of the multitrillion dollar government stimulus package, was primarily intended to help small businesses retain workers. The loosely managed and poorly regulated process was perverted and hijacked by thousands of companies that gamed the system. Through technicalities and loopholes in the program, the sloppy roll out was marred by too-little oversight and the allowance of large corporations, hedge funds, money managers, law firms and fast food chains to receive millions of dollars in forgivable loans.

      The concept of PPP was laudable. In the teeth of the Covid-19 pandemic, small businesses that were deemed nonessential were ordered to cease operations. This placed thousands of small and midsized companies in a perilous position. With the sudden shocking lack of customers plummeting revenue, evaporating profits and still bills to pay, many small businesses faced financial ruin.

      The federal government previously offered enhanced unemployment benefits to workers that lost their jobs due, in large part, to the economic effects of the virus outbreak. In an effort to both keep the doors of small businesses open and as an enticement to retain workers and keep them employed, the PPP was put into effect. Companies were offered the opportunity to apply for a forgivable loan. There wasn’t a lot of red tape and the major requirement was a promise to retain employees for a specified time period.

      Unfortunately, the lion’s share of the funds went to companies that didn’t fit into this profile. The program was rushed out and handed off to Treasury Secretary Steven Mnuchin to manage the process and oversight. Mnuchin then passed it over to the banks. They became in charge of the review, approvals and underwriting the loans.

      There were angry complaints, especially during the initial rollout of the program, that the intended recipients—small and midsize businesses—were shut out. Within days, the initial funds were sucked up by large organizations. These corporations boasted sharp lawyers, accountants, political ties and already held close relationships with banks. They easily cut to the front of the line. Facing pressure and public embarrassment, a number of organizations said that they’d return the funds.

      A second phase of PPP was enacted. Once again, heated complaints of cronyism arose. This placed pressure on the Trump administration to reveal which companies received loans from the $660 billion program intended to keep small businesses afloat.

      According to the Washington Post, “Among the loan recipients, 48,922 reported zero as the number of jobs they would retain with the money, and 40,506 applicants appeared to leave that section blank. It appeared that 10 other companies received between $5 million and $10 million, but reported retaining only one job with the money they received.”

      Without the PPP loans, the number of people claiming unemployment benefits would have substantially increased. In light of the resurgence of Covid-19 cases, calls for reclosing businesses and a still weakened economy with little demand from consumers, many of the companies that accepted loans will lay off workers as soon as their restrictions are lifted.

      There is another beneficiary of the loan program. Banks stand to see a windfall of billions of dollars in fees paid directly by the Small Business Administration. The top 10 bank lenders, according to S&P Global Market Intelligence, will receive about $3.8 billion.

      Here are some of the not-so-small companies that received money from the PPP:

      Billionaire Kanye West's Yeezy brand borrowed between $2 million and $5 million. There’s no word yet if this money will go toward his newly announced run to become the President of America.

      A major law firm with ties to President Trump, Kasowitz Benson Torres, received a loan for between $5 million and $10 million.
      $350,000 to about $1 million was given to Esplanade Livingston, a Jared Kushner family entity. Kushner previously divested his stake in the entity.

      A real estate entity owned by various members of the Kushner family, Princeton Forrestal, received a loan of between $1 million and $2 million.

      The uber-powerful and successful law firm, Boies Schiller Flexner, received between $5 million and $10 million.

      United States Transportation Secretary Elaine Chao’s family’s business, Foremost Maritime, received $350,000 and $1 million. Elaine Chao is married to Republican Senate Majority Leader Mitch McConnell.

      Trucking company Perdue, cofounded by Agriculture Secretary Sonny Perdue, got roughly $150,000 to $350,000 in loans.

      Restaurant chains P.F. Chang’s, China Bistro and Chop’t received between $5 million and $10 million.
      Private equity-backed TGI Fridays realized at least $5 million.

      The Archdiocese of New York received between $5 million and $10 million. The Catholic Charities of the Archdioceses of San Francisco, Washington, D.C., New Orleans and Boston all received loans valued at over $2 million.

      Ironically, self-reliant, libertarian-oriented the Ayn Rand Institute got $350,000 to $1 million.

      Joseph Kushner Hebrew Academy in New Jersey received a loan of about $1 million to $2 million. The academy is named after President Trump’s son-in-law Jared Kushner’s grandfather.

      Alamo Drafthouse received a loan of about $5 million.

      News organizations such as the Washington Times got at least $1 million, the Washingtonian $350,000, the Daily Caller received about $350,000 and the American Prospect received at least $150,000.

      Political organizations, including the Ohio Democratic Party, got at least $150,000 and the Florida Democratic Party Building Fund received at least $350,000.

      The National Republican Club of New York realized at least $350,000 and the Black Republican Caucus in Florida recognized at least $150,000.

      Members of Congress received loans too. Republican Representative Kevin Hern of Oklahoma, who owns KTAK Corporation, received between $1 million and $2 million. Republican representative Mike Kelly from Pennsylvania received a loan for his car dealerships.

      Democratic House Speaker Nancy Pelosi’s husband, Paul Pelosi, received a loan.
      Republican West Virginia Governor and billionaire Jim Justice received between $11 and $24 million for his portfolio of companies.

      The list is much longer, but I don’t want to raise your blood pressure higher.

      https://www.forbes.com/sites/jackkel.../#335d3b0b316d

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      • How Toilet Paper Companies Dealt With The 845% Demand Spike

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        • Why Millions Of Potatoes Are Being Thrown Away During The Pandemic

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          • Building New York's $200M Apartment

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            • More and more small businesses will fail sadly b/c of the virus.

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              • Tailored Brands, the parent company of Men’s Wearhouse, Jos. A. Bank and other men’s fashion brands, announced Sunday it has filed for Chapter 11 bankruptcy.

                The company hopes the bankruptcy filing will help alleviate its $630 million debt.

                It was also announced in July that up to 500 stores have been identified that could potentially close “over time.”

                Tailored Brands said the coronavirus pandemic has caused it to implement “a series of operating and organizational changes.”

                A list of potentially affected stores has not yet been released.

                The company also operates K&G Fashion Superstore and Moores Clothing for Men.

                In New Jersey, there are currently 13 Men’s Wearhouse, 12 Jos. A. Bank and five K&G Fashion Superstores. There are no Moores Clothing for Men stores in the U.S., since it’s based in Canada.

                Although not marketed as a liquidation sale, Men’s Wearhouse is offering up to 70% off on clearance items, while Jos. A. Bank is holding a “Super Tuesday” sale. K&G Fashion Superstore is also having a summer clearance sale where you can find items for up 75% off.

                It has been a rough few months for the brick-and-mortar retail industry, which already had been struggling.

                JCPenney, Brooks Brothers, New York & Company, Sur La Table, Pier 1 Imports and Lucky Brand have all filed for bankruptcy during the coronavirus pandemic.

                https://www.nj.com/business/2020/08/...f&utm_content= nj_facebook_njcom&utm_medium=social&utm_source=fac ebook&fbclid=IwAR2uheO6HNRrvkLGsRB8KhbUadTRJJZHnpz-WHYIKIt_oXRiq_NlFR6pGUg

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                • Inside Beirut After the Explosion

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                  • USPS Workers Don’t Know What to Make of So-Called ‘Friday Night Massacre’

                    Around 1:30 p.m. Eastern time on Friday afternoon, postal workers around the country started seeing a post on the internal post office network announcing yet another seemingly massive and confusing change to the United States Postal Service.

                    The new policies, which were first reported by the Washington Post, amount to an executive and management shakeup. The memo announced a management-level hiring freeze and the beginning of a process to accept voluntary early retirement from non-union employees in the management class. The USPS will also consolidate by enlarging regions and operations areas. For example, instead of dividing the U.S. into seven retail and delivery operations areas, it will now be divided into four.

                    Typically, such changes to any government entity would barely be noticed by most of the employees within the organization, much less those outside of it. But these are not typical times at the USPS. Its every move has become highly politicized due to the critical role it will play in the upcoming election and the suspicion that the new postmaster general, Louis DeJoy, a longtime Republican fundraiser and Trump donor, is intentionally disrupting the USPS so as to aid in his preferred candidate’s re-election. And DeJoy has wasted no time making lots of moves.

                    DeJoy made one of his first orders of business desecrating the sacred notion that every piece of mail gets delivered every day no matter what, causing widespread mail backups and package delays across the country. At Friday’s Board of Governors meeting, DeJoy called on Congress to “enact reform legislation that addresses our unaffordable retirement payments” while also promising to make more changes in the future to “focus on improving operational efficiency and pursuing other reforms in order to put the Postal Service on a trajectory for long-term financial stability.”

                    But Democrats don’t see a small-business Republican cutting costs from a bloated bureaucracy—which lost $2.2 billion in the most recent quarter, roughly on par with the $2.3 billion lost in the same quarter last year—as DeJoy would have them believe. Instead, they see a “trojan horse” sabotaging the postal service.

                    Pennsylvania Congresswoman Mary Gay Scanlon called the new policies another “Friday night massacre” by the Trump administration, even though it does not appear anyone lost their job. “The announcement on Friday set forth a change to organizational structure only,” USPS spokesman David Partenheimer told Motherboard. “The announcement did not include any terminations or layoffs and very specifically stated that the changes did not initiate a reduction in force and there were no immediate impacts to USPS employees.”

                    But the term made headlines over the weekend nonetheless. Virginia Congressman Gerry Connolly tweeted it was “deliberate sabotage to disrupt mail service on the eve of the election.” Senator Elizabeth Warren asked “How many ways can the new Postmaster General sabotage the USPS?” In a press release, Congresswoman Alma Adams of North Carolina and Congressman Peter DeFazio of Oregon called for DeJoy to resign or be removed from office.

                    While many postal workers are wary of DeJoy’s actions and motivations, the three postal workers at various levels Motherboard spoke to don’t know what to make of the changes announced Friday, partly because the changes are so vague it’s hard to know what the changes really mean. But they’re also leaving open the possibility the changes could have some positive effects. A bloated, wasteful management structure that obstructs productivity rather than enabling it has been one of the most consistent complaints among postal employees for decades, according to dozens of interviews conducted with postal workers over recent weeks.The question is whether the new changes address that or merely shuffle the problem around.

                    At the surface level, DeJoy’s reorganization echoes what has occurred in the private sector as logistics management has become more sophisticated. A 2010 blog post by the USPS Office of Inspector General explained that, since 1992, the USPS conducted an increase in the number of regions and areas of management from five to nine in 2006 (it has since been reduced to seven). But private sector companies like UPS and Walmart did the opposite, reducing the number of operational regions over that same time.

                    What, exactly, these changes mean for the USPS’s ability to deliver mail, packages, medication, and ballots remains to be seen. A powerpoint presentation obtained by Motherboard lays out a four week “transition plan” schedule beginning today, August 10, and ending September 4.

                    While some have criticized Trump for appointing DeJoy as postmaster general even though he’s never worked for the post office, the new divisions will at least be headed by longtime Post Office employees for now, according to the PowerPoint presentation. For example, the head of delivery operations, Joshua Colin, has worked for the USPS since 2006, according to his LinkedIn profile. The new Vice President of retail, Angela Curtis, has worked there since 2011. Mike Barber, the new head of processing and maintenance operations, is in his 40th year at the organization.

                    That being said, the current postal workers Motherboard spoke to—on condition of anonymity because they’re not authorized to speak to the media—are worried not so much by what is being done as they are the speed with which it is occurring, especially when it’s implemented by a postmaster general with questionable motives, who has been on the job for less than two months. As one person familiar with the reorganization plan put it, there have been “too many major changes for DeJoy who has not had the time at the helm to fully understand the organization, which is not like any other business.”

                    Likewise, the USPS also announced a “new organizational structure” broken down into three units: Retail and delivery operations, logistics and processing operations, and commerce and business solutions.

                    This announcement confused some postal workers who don’t understand how it’s different than what currently exists. “We do have a separation between retail and delivery services and processing services and commercial services,” said a postmaster from New England. “Those are all different people in my district.” This person is unsure how a reorganization that doesn’t change anything can lead to efficiency and savings.

                    Even more concerning is the degree to which these changes have been seemingly coming out of nowhere. Typically the postmaster in New England will get some details from the district manager about what changes are coming before they’re announced. But that’s not how it’s happened under DeJoy. “I didn’t have any sense this was going to happen at all.”

                    https://www.vice.com/en_us/article/3...medium=social& utm_source=VICE_facebook&fbclid=IwAR1kYKzZRI_7PqA_ 4D15hE3hlw8rOs9ECa01DY4dwSDM4WwnEggeIIbrbvs

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                    • What It's Like to Be Evicted in the Middle of a Pandemic

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                      • Beirut's shattered glass finds new use

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                        • Germany Starts Universal Basic Income Trial Giving Some Citizens $1400 A Month For 3 Years

                          What Happened: Germany is starting a universal basic income trial where volunteers will get a $1400 dollar payment every single month as part of a study that will compare the experiences of 120 volunteers who receive it to 1,380 people who won’t. A total of 140,000 people have come together to help fund the study after the idea of a universal basic income continues to gain popularity. Germany is not the only country who has begun such initiatives, Finland also did something similar a few years ago, and proponents of the initiative believe it would improve peoples’ lives and reduce inequality, among other things. Opposition arguments to this type of initiative suggest that it would simply be unaffordable, too expensive and also discourage work.

                          Jürgen Schupp, who is leading the study, told the German newspaper Der Spiegel that it would improve the debate about universal basic income by producing new scientific evidence.

                          “The debate about the basic income has so far been like a philosophical salon in good moments and a war of faith in bad times,” he told the newspaper.

                          Universal basic income is not really supported by any of the major political parties across the globe, especially in Germany.

                          Why This Is Important: A quote often attributed to Henry Ford reads as follows, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Isn’t it odd that the financial elite can simply print money at will? How come when we do it it’s called counterfitting, but when they do it it’s called increasing the money supply? These people can literally create money out of thin air, and the more I understand the concept of fractional reserve banking, the more I realize that money is simply a tool to in-slave and control the human race while benefiting a select few. This becomes easier to see when you follow the money.

                          Do we not have the potential to create something better on our planet? Is money really needed, or could we all come together, cooperate and find a better way? If we are going to use this creation of ours, could it not be used in a better and more efficient way?


                          IN BRIEF
                          The Facts:A small trial in Germany is set to take place giving participants $1400 a month for three years. They will compare the lives of those who receive it, and the participants who don't.
                          Reflect On:Why is the concept of universal basic income rejected by the major political parties in most developed nations? Why do we have a private company like the Federal Reserve printing/creating money at will? Is centralized banking the best way?
                          What Happened: Germany is starting a universal basic income trial where volunteers will get a $1400 dollar payment every single month as part of a study that will compare the experiences of 120 volunteers who receive it to 1,380 people who won’t. A total of 140,000 people have come together to help fund the study after the idea of a universal basic income continues to gain popularity. Germany is not the only country who has begun such initiatives, Finland also did something similar a few years ago, and proponents of the initiative believe it would improve peoples’ lives and reduce inequality, among other things. Opposition arguments to this type of initiative suggest that it would simply be unaffordable, too expensive and also discourage work.

                          From the Web

                          Jürgen Schupp, who is leading the study, told the German newspaper Der Spiegel that it would improve the debate about universal basic income by producing new scientific evidence.

                          --> Help Support Collective Evolution: Become a member of CETV and get access to exclusive news and courses to help empower you to become an effective changemaker. Click here to join.

                          “The debate about the basic income has so far been like a philosophical salon in good moments and a war of faith in bad times,” he told the newspaper.

                          Universal basic income is not really supported by any of the major political parties across the globe, especially in Germany.

                          Why This Is Important: A quote often attributed to Henry Ford reads as follows, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Isn’t it odd that the financial elite can simply print money at will? How come when we do it it’s called counterfitting, but when they do it it’s called increasing the money supply? These people can literally create money out of thin air, and the more I understand the concept of fractional reserve banking, the more I realize that money is simply a tool to in-slave and control the human race while benefiting a select few. This becomes easier to see when you follow the money.

                          Do we not have the potential to create something better on our planet? Is money really needed, or could we all come together, cooperate and find a better way? If we are going to use this creation of ours, could it not be used in a better and more efficient way?

                          “As I followed the money I’ve learned that everything I once believed about money is simply not true.” – Foster Gamble

                          If you want to learn more about the system, you can refer to this article that goes into more detail: The Real Purpose of the Federal Reserve Banking System.

                          I believe these questions are important, as many of us have been made to believe that our financial system is for the greater good, and that it’s efficient and the only possible way to operate here on our planet. When it comes to the world of finance, our minds are stuck inside of a box.


                          When it comes to universal basic income, is it really too expensive? For those who believe it is not feasible, did you know that Mark Skidmore, a Michigan State University economist teamed up with multiple researchers, including Catherine Austin Fitts, former assistant secretary of Housing and Urban Development, and found trillions of unaccounted for dollars missing from housing & D.O.D? Did you know that trillions of dollars are going into “black budget” programs that the president, for example, has no idea about? Did you know that there is no branch or agency of government that can overrule actions that the Federal Reserve takes? It’s simple, if you control the money supply, if you are the printer and the maker of money, you control the population and can create the experience you want humans to live inside.

                          The researchers found documents indicating a total of $20 trillion of undocumented adjustments had been made, from 1998 to 2015. The original government documents and a report describing the issue can be found here where updates are continually provided.

                          Imagine if this $21 trillion was allocated to a universal income package? Big financial institutions seem to have no issue with constantly printing money when they need it, but when it comes to concepts of universal income, there are always excuses. Ask yourself, is it really too expensive when this type of misallocation of money is happening?

                          The problem doesn’t really seem that we don’t have enough money, the issue is that the monetary system is used for control and money is allocated, both legally and illegally, to projects that don’t have the best interests of humanity at hand. The system would work better of the world of finance was not dominated by global elitist agendas seeking control and power. Perhaps it would work better if these people were actually making decisions based on what’s best for humanity.

                          It’s a complicated topic, a deep one that I would have to go in depth into the fraud, corruption and intentions behind our modern day banking system.

                          I believe humanity is more than capable of creating a human experience that doesn’t require money. We are extremely advanced, and we already have the means to create an experience where everybody’s basic needs can be met without the requirement for work. This can come as a result of various technological advancements, cooperation not competition, and more.

                          This is why shifting human consciousness is so paramount.

                          I believe that solutions exist, yet any type of solution that threatens to uproot our economy and how it currently operates never sees the light of day, and some of these developments are kept from public eye due to ‘national security’ concerns. Today, national security has become an umbrella term to classify technology and information that threatens corporate interests. This is why Julian Assange is in jail.

                          For example, most countries have an Invention Secrecy Act. Are certain technologies that threaten our current economic system that’s based on the idea that resources are scarce, a threat to scarcity? Is technology that could provide abundance to all hidden from the public simply because they threaten those with large amounts of power? What type of technology is under restriction under the Invention Secrecy Act? We don’t really know, but a previous list from 1971 was obtained by researcher Michael Ravnitzky. Most of the technology listed seems to be related to various military applications. You can view that list HERE.

                          As Steven Aftergood from the Federation of American Scientists reports:

                          “The 1971 list indicates that patents for solar photovoltaic generators were subject to review and possible restriction if the photovoltaics were more than 20% efficient. Energy conversion systems were likewise subject to review and possible restriction if they offered conversion efficiencies in “excess of 70-80%.” (source)

                          You can read more about the Invention Secrecy Act here.

                          There have been even more efficient developments.

                          There is significant evidence that scientists since Tesla have known about this energy, but that its existence and potential use has been discouraged and indeed suppressed over the past half century or more. – Dr. Theodor C. Loder, III (source)

                          What if I told you all of our homes could be powered by nature, without the need to be reliant on the corporation, without the need for gas, coal, oil, fossil fuels etc…These are a few of many examples that would be included in a world that would operate without the need to pay for your life, or services that should be everybody’s birth right.

                          “Much to my surprise, these concepts have been proven in hundreds of laboratories throughout world and yet they have not really seen the light of day.” – Former NASA astronaut and Princeton physics professor. (source)

                          There are many examples of this, Paramahamsa Tewari, a physicist and inventor, who won early commendation by Nobel Laureates in physics for his revolutionary Space Vortex Theory, published a paper in Physics Essays (2018) explaining his theory, from which he built an electrical generator capable of achieving over-unity efficiency. You can watch a video of him and his machine here. Why isn’t humanity exploring these concepts that could lift our dependence on big energy corporations and eliminate scarcity of resources, openly, freely and transparently?

                          Again, energy generation is one of many examples, there are many solutions to all of our issues from food, to environmental degradation and more.

                          It seems that when it comes to solutions that can help ‘free’ the human race, even just a little bit with the idea of universal basic income, it is sharply opposed by all major political parties, just like it is in Germany.

                          Any type of bartering system, or monetary system that is controlled by the citizenry, like Bitcoin for example, also always faces harsh opposition, or an attempt to gain control over it ensues. There are people out there who desire power and control above anything else, and the money supply represents the center of that control.

                          The truth is, a thriving society will be one that’s devoid of any reliance on governments/federal regulatory agencies. Our various systems are put in place and structured in a way to make it easy for us to be controlled, and for the “1 percent” to thrive. Right now, we are their worker bees and we choose to uphold the system and are taught, through education, to justify it and see it as necessary without ever using our imagination to ponder how it could be different.

                          We have so much potential, and we can do much better than we are currently doing.

                          The Takeaway
                          I often think about how absurd it is to live on a planet where you can die if you are unable to pay for your life. Having worked in this field for a number of years now, and as stated above, solutions exist to change our world and kick our dependence on corrupt governments and organizations. We could be in the stars by now. Life doesn’t have to be this way, if we continue operating from our current level of consciousness our planet will continue to be destroyed. There are better ways to do things here, and providing all citizens with a basic income, whether they are currently earning or not, is a fantastic place to start as it is clearly possible given all of the money that’s spend on measures that don’t really make sense.

                          https://www.collective-evolution.com...w04gnH1rqAFbJL BTz66fhbtGFJqInochI

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