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PPP Loans Can Now Be Used To Fix Riot Damage, Pay For Defense Against Looters

We previously discussed the billions of dollars worth of pork in the combined $2.3 trillion government spending/covid-19 relief package. As it turns out, there is another way this stimulus is a Krugman’s Keynesian’s wet dream: according to the NYT the grants loans can be used to fix damage from riots which now are such a…

Californians Can Now Pay A Premium To Power Their Homes With Manure

AOC is going to love this. Now, instead of eliminating red meat – one of the myriad ludicrous proposals included in the Green New Deal – the Congresswoman can instead move to collect all of that cow manure and use it to create a renewable energy resource. On Thursday, California state regulators signed off on…

A Record 61% Of Restaurants, 35% Of Small Businesses Can’t Pay December Rent

By Tyler Durden Another day, another restaurant doomsday story. According to the latest Alignable Rent Poll, it’s becoming increasingly difficult for small businesses everywhere to pay their rent in full and on time, given the latest COVID resurgences. The need for more federal funding is also becoming more pronounced for many of these businesses, according…

Boeing Halts Merit Pay Raises, Grants Shares To Some Employees As Recovery Years Away 

A little more than a week before Christmas, Boeing Chief Executive Dave Calhoun sent an internal memo to employees announcing that the company would suspend annual merit salary increases in fiscal 2021 for employees, managers, and executives, according to Reuters.  Excluding executives and tens of thousands of engineers and machinists under union contracts, Boeing however awarded employees…

Time to Pay Attention: Grocery Stores Now Being Closed Under New Lockdown Measures

By Matt Agorist Albuquerque, NM — Let there be no doubt that COVID-19 is spiking across the country. Cases are exploding and hospitalizations are on the rise. The recent spike has governments scrambling to contain the virus. It appears that everything they do, however, has the same outcome: the people get poorer, the corporations get…

Stephen Schwarzman, World’s Biggest Landlord, Says Teachers Shouldn’t Pay Income Taxes

Last week, Deutsche Bank’s strategists sparked widespread outrage and mockery following the German bank’s “modest proposal” to slap those working from home with a 5% tax, as if it was somehow their fault i) they can’t work from an office when their local authorities order them to stay under house arrest, and ii) they worked…

Europe To Pay Lower Price For Pfizer COVID Vaccine Than US

Even after the Trump Administration shelled out $2 billion in Operation Warp Speed money to secure 100 million doses of the Pfizer-BioNTech vaccine (don’t listen to the MSM when it claims Pfizer hasn’t benefited from government money), Europe has still somehow managed to secure a better price as part of a deal reported earlier on…

You Can Now Pay $125,000 A Ticket For An Underwater Expedition To The Titanic

Today in “proof that the wealth gap is widening further and that people have too much money on their hands” news… The Titanic, more than 100 years after sinking while traveling from England to New York in 1912, is once again being turned into a tourist destination. Hopefully, this time around it works out a…