8chan/8kun QResearch Posts (2)
#9149039 at 2020-05-13 01:58:45 (UTC+1)
Q Research General #11710: Sydney Powell's Open Letter Edition
D.C. Prep School Beloved by Dem Leaders Refuses to Return Gov't Loan
School that taught Obama, Clinton daughters received one of the biggest PPP loans yet
A $50 million endowment, a massive capital campaign in the works, and a wealthy, well-connected board-none stopped a D.C. prep school from taking one of the largest coronavirus loans issued.
Sidwell Friends School, a Quaker-affiliated independent school known for enrolling top lawmakers' children-including the daughters of former presidents Bill Clinton and Barack Obama-accepted a $5.2 million loan under the Paycheck Protection Program (PPP), Congress's bailout fund for small businesses affected by the coronavirus crisis.
The school, which brings in over $40 million in tuition annually, declined to give back the loan after Secretary of the Treasury Steven Mnuchin called on "private schools with significant endowments" to "return" PPP funds. In a letter to the community, the board of trustees cited its "fiduciary responsibilities" as well as "our Quaker values" in its decision to keep the money-with the latter claim particularly raising eyebrows among critics.
In so doing, Sidwell Friends joins the ranks of other large, well-funded entities that have benefited from a program designed to protect America's collapsing small businesses. Some, like Shake Shack or news site Axios, have returned their loans following public outcry. The school, which enjoys connections to D.C.'s Democratic establishment, has faced some scrutiny for its decision to keep the money-but appears unlikely to back down.
The loan, which the school has said will be used to pay its 257 faculty and staff, is one of the largest in the second tranche of PPP funds. Data from the Small Business Administration indicate that of the 2.2 million loans it has issued since April 27, fewer than 1,500, or 0.07 percent, have been in excess of $5 million.
The Treasury Department has stipulated that companies must consider their "current business activity" and their "ability to access other sources of liquidity" before certifying that they actually need PPP funding. Sidwell Friends' chief communications officer did not respond to a request for comment as to whether or not the school had made such considerations or sought other sources of funding.
The school likely has substantial benefactors, as indicated by the wealth of its board. Members include Marla Beck, who sold cosmetics chain Bluemercury to Macy's for $210 million; Patrick Gross, cofounder of American Management Systems Inc., which was valued at $1 billion; and Mark Jacobsen, CEO of Promontory Interfinancial Network, which provides financial services for half of all banks nationwide and previously sold for $2.5 billion.
Requests for comments directed to Beck's, Gross's, and Jacobsen's firms as to whether or not the board members were approached for assistance by the school went unanswered.
The school also enjoys connections to prominent D.C. Democrats. It counts among its alumnae presidential daughters Chelsea Clinton '97, Malia Obama '16, and Sasha Obama '19.
https://freebeacon.com/coronavirus/d-c-prep-school-beloved-by-dem-leaders-refuses-to-return-govt-loan/
#7411410 at 2019-12-02 15:45:11 (UTC+1)
Q Research General #9478: Baker's Helper Edition
Trade War Propaganda ? USA [Globalists] Teamed-Up w/ China Against (We The People) & POTUS
If I may anons,
Allow me to illustrate how: [Globalist-Minded Subversive Corporate Interests & Individuals] here in the USA, wittingly or not, help the [CCP's] Trade War Propaganda cause.
Xinhua Article: (China Trade War Propaganda)
(12/1/2019)
"Spotlight: Trade tensions with China cast gloom over U.S. holiday shopping season"
(excerpts)
WASHINGTON, Nov. 30 (Xinhua) - The holiday shopping season is traditionally considered a time full of joy and cheer for both U.S. retailers and consumers. But as this year's holiday shopping season kicked off on Thanksgiving, the mood is a bit mixed.
Retailers, especially small ones, have been struggling to deal with the additional U.S. tariffs on Chinese imports, while consumers, who crave a bargain, are worried about potential price increases in the future.
In September alone, American businesses and consumers paid 7.1 billion dollars in tariffs, up 59 percent year-on-year, said U.S. anti-tariff advocacy group Tariffs Hurt the Heartland, which noted that the "significant increase" was primarily driven by tariffs implemented by the current U.S. administration.
—–
Dig Deeper ? Notice ? Quoted USA Source
Tariffs Hurt the Heartland (THH)
* Coalition of Businesses in USA lobbying against tariffs.
? But where did they come from? Who are the people behind it?
? No people revealed on their website. [Mysterious Backers] Hmm?
(Here's what I found so far)
- (THH) Commissioned a study by (Trade Partnership Worldwide LLC) < Looks Globalist of course:
"Estimated Impacts of Tariffs on the U.S. Economy and Workers (2019)"
(National Retail Federation)
- Claims credit for (THH) organization, and also forming (Americans For Free Trade).
(NRF website excerpt)
NRF continues to lead the fight against tariffs. In addition to forming the Americans for Free Trade coalition with more than 150 other trade associations and helping lead the Tariffs Hurt the Heartland campaign, NRF has voiced concerns about the tariffs with the White House and Congress, and has brought together representatives of retail and other affected industries. NRF has also worked extensively with the news media, appearing regularly on CNBC and Fox Business and warning against tariffs in outlets such as the New York Times, Wall Street Journal, Bloomberg and more.
—–
Check out the NRF leadership team & main players:
- Sure looks like a bunch of: [Corp Globalists]
—–
Board Leadership
Christopher Baldwin
Chairman, NRF Board
BJ's Wholesale Club
Chairman, President and CEO
Jeff Genette, CEO of Macy's
First Vice Chair, NRF Board
Macy's Inc.
Chairman and CEO
John Furner
Second Vice Chair, NRF Board
Walmart U.S.
President and CEO
Matthew R. Shay
National Retail Federation
President and CEO
—–
Executive Committee
Christopher Baldwin
BJ's Wholesale Club
Chairman, President and CEO
Marla Beck
Bluemercury Inc.
Co-Founder and CEO
Claudio Del Vecchio
Brooks Brothers
Chairman & CEO
John Furner
Walmart U.S.
President and CEO
Jeff Gennette
Macy's Inc.
Chairman and CEO
Mike George
Qurate Retail Inc.
President and CEO
Marc Metrick
Saks Fifth Avenue
President
Greg Sandfort
Tractor Supply Company
President and CEO
Matthew R. Shay
National Retail Federation
President and CEO
Kip Tindell
The Container Store
Chairman
—–
Board of Directors too long for body of this post.
See NRF website.
—–
Bottom Line:
[Big Globalist Corp] interests are actively working against what POTUS is doing to bring back the innovation & productivity that (WE THE PEOPLE once BUILT) here in the USA. And they're actively helping the [CCP] Trade War Propaganda Machine.
? Who are they REALLY serving? (US) or [THEM]?
http://www.xinhuanet.com/english/2019-12/01/c_138596750.htm
https://nrf.com/hill/policy-issues/global-trade/tariffs
https://nrf.com/about-us/board-directors
http://americansforfreetrade.com
https://tariffshurt.com
https://tradepartnership.com/reports/estimated-impacts-of-tariffs-on-the-u-s-economy-and-workers-2019/