America spent 6 Trillion on PPP Loans Cancelled ALL of it Gregg Marcel Dixon

4 hours ago
455

I have tried my best to confirm this,
however it doesn't take away from the fact that our Government manipulates Americans into thinking they could SHUT the whole Government down because they don't have enough money.

Americas money was stolen long ago were just playing monopoly now and the bank will take it all back in the end...

When America wants to find money to pay for something they find a way to do it...
It's only Americans that are hurting and that is a choice

They want us ALL in fear to better control us all.

South Carolina Sixth Congressional District Candidate Debate: Part Three

They are now advertising a fraud list of ppp loans saying people are being arrested! If it was all forgiving then what's really going on? They want us weak and scared!! All taxes are voluntary..

The Paycheck Protection Program (PPP) provided small businesses with roughly $800 billion dollars in uncollateralized, low-interest loans during the pandemic,
almost all of which will be forgiven. With 93 percent of small businesses ultimately receiving one or more loans, the PPP nearly saturated its market in just two months.

Now they are coming out with the ppp fraud list funny when it's been canceled!!

THEY DID NOT FORGET ABOUT THOSE PPP LOANS.

https://www.youtube.com/watch?v=W5p9q2Vfrb4&si=YESCrwfW0RCTHkdI

THE $800 BILLION PAYCHECK PROTECTION PROGRAM: WHERE DID THE MONEY GO AND WHY DID IT GO THERE?

https://www.nber.org/system/files/working_papers/w29669/w29669.pdf

PPP Loan Map

https://ppploanmap.com/?

Hinson: PPP loan forgiveness and student debt cancellation not the same
Viral White House tweet calls out GOP lawmakers who had PPP loans forgiven

https://www.thegazette.com/government-politics/hinson-ppp-loan-forgiveness-and-student-debt-cancellation-not-the-same/

A Post-Mortem of the Paycheck Protection Program

https://www.stlouisfed.org/on-the-economy/2021/june/post-mortem-of-paycheck-protection-program

Virtually all PPP loans have been forgiven with limited scrutiny

https://www.npr.org/2022/10/12/1128207464/ppp-loans-loan-forgiveness-small-business

A Tale of Two Bailouts: Effects of TARP and PPP on Subprime Consumer Debt

https://www.philadelphiafed.org/-/media/frbp/assets/working-papers/2021/wp21-32.pdf

Government has forgiven nearly $400 billion in Covid-relief PPP loans, federal watchdogs say

https://www.nbcnews.com/business/personal-finance/government-has-forgiven-nearly-400-billion-covid-relief-ppp-loans-n1274618

The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did It Go There?

https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.36.2.55

G.16. Do PPP loans count as “outstanding debt” for purposes of Main Street?

https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20201030a6.pdf

The Federal Government Has Borrowed Trillions. Who Owns All that Debt?

https://www.pgpf.org/article/the-federal-government-has-borrowed-trillions-but-who-owns-all-that-debt/

https://fred.stlouisfed.org/series/FDHBFRBN

Federal Debt Held by Federal Reserve Banks (FDHBFRBN)

https://www.federalreservehistory.org/essays/treasury-fed-accord
Federal Reserve Balance Sheet Developments

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20240621a.htm

The Treasury-Fed Accord

https://www.federalreservehistory.org/essays/treasury-fed-accord

The Federal Reserve as we know it could soon be turned on its head

https://www.cnn.com/2024/11/06/economy/fed-rates-economy-trump-powell/index.html

Agencies announce results of resolution plan review for largest and most complex banks

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20240621a.htm

At the end of 2023, the nation’s gross debt had reached nearly $34 trillion. Of that amount, about $27 trillion, or 79 percent, was debt held by the public — representing cash borrowed from domestic and foreign investors. The remaining $7.0 trillion (21 percent), was intragovernmental debt, which simply records transactions between one part of the federal government and another.

How The Federal Reserve Can Avoid The Coming Debt Crisis

https://www.forbes.com/sites/digital-assets/2023/05/02/how-the-federal-reserve-can-avoid-the-coming-debt-crisis/

What If We Paid Off The Debt? The Secret Government Report

https://www.npr.org/sections/money/2011/10/21/141510617/what-if-we-paid-off-the-debt-the-secret-government-report

Did JFK Attempt to eliminate the power of the Federal Reserve Bank to loan money to the US?

On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110,
was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned (and thus ILLEGALLY placed in control of our currency, 100 years ago) Federal Reserve Bank would soon be out of business.

So did JFK sign EO 11110 on June 4, 1963 and did that order do as this site claims?
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended --

(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):

"(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and

(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.

SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

Executive Order 11110 absolutely did not eliminate any of the powers of the federal reserve. In fact Kennedy was doing the exact opposite and giving the Federal Reserve more power. In a 1963 Economic Report, Kennedy wrote to Congress that because silver served no monetary function (in his opinion) they should replace all existing silver certificates with Federal Reserve Notes. (see Economic Report of the President, p. XXIII. January 21, 1963. House document No. 28, 88th Congress, 1st Session. U.S. Govt. Printing Office.)

Congress obliged by passing a law, HR 5389, in April 1963 and Kennedy signed that bill into law in June 1963. (see: Silver Legislation, April 3, 1963, House of Representatives Report No. 183, 88th Congress, 1st Session.)

The same day Kennedy signed that bill, he signed Executive Order 11110. Congress' new silver certificate legislation repealed an older law (The Silver Purchase Act of 1934) that both authorized and required the Secretary of the Treasury to buy silver and issue silver certificates.

Because the Treasury Secretary no longer had the authorization to issue silver certificates, Kennedy's Executive Order was a stopgap that authorized the Treasury Secretary to continue to issue silver certificates until the new law to replace silver certificates with Federal Reserve Notes went fully into legal effect in March 1964. (see: Text of Executive Order 11110

Kennedy ended the backing of our currency with silver and ordered all such silver certificates to be replaced with the Federal Reserve's own fiat currency (the Federal Reserve Note). By ending the period of time where Federal Reserve Notes were just one of several forms of legal tender and replacing that with the system we have today in which Federal Reserve Notes are the only form of legal tender, Kennedy did the opposite of ending the fed by giving them a monopoly on the issuance of legal tender

https://www.youtube.com/watch?v=LJPs8nCdZyA

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