• cawsby [he/him]
    hexagon
    ·
    3 years ago

    A Japanese man who was mistakenly sent ¥46.3m (£287,000/US$358,000) in Covid-19 relief funds has admitted he gambled away the entire amount in the space of a fortnight.

    Meanwhile the US forgave all the PPP loans to businesses but is taking people to court for student loans.

    Very neat and cool.

    • Nakoichi [they/them]
      ·
      3 years ago

      Place I used to work had almost $900k forgiven and didn't give anyone raises, laid people off and never rehired to prepandemic staffing levels, then fired me for speaking up and also probably for organizing.

    • MasterShakeVoice [undecided]
      ·
      3 years ago

      I've seen a some whining in the media over the last four weeks about the state having pumped too much money into the economy during COVID, and they try very hard to conflate the pittance normal people got, and the absurd money business owners got

      • emizeko [they/them]
        ·
        edit-2
        3 years ago

        https://projects.propublica.org/coronavirus/bailouts/

        searched my zip code and the amount of money they handed out is insane

        • InevitableSwing [none/use name]
          ·
          edit-2
          3 years ago

          Thanks for the link.

          I checked local firms and some amounts seemed reasonable: $5K, $10K, etc. But others were clearly a disgrace. A Coca-Cola bottling plant got $850K. And that plant is very small for a bottling plant.

          I wonder how much Coke got in total from the government. And where did it all go? Did it go right into the execs pockets? Did the government do any auditing at all for huge companies?

          • TyMan210 [he/him, comrade/them]
            ·
            3 years ago

            Lol the small company I work at got just over $150k. We didn't ever shut down, or even have any slower business or anything. The loan was forgiven of course though

        • HntrKllr [he/him]
          ·
          3 years ago

          I looked it up and my old elementary school teacher got $600,000+!!! Her husband and her do own a farm but its not even that large of a portion of the farmland ownership around here. It wasn't even like they stopped having their business running either. My parents worked throughout the pandemic without stop!

  • MasterShakeVoice [undecided]
    ·
    edit-2
    3 years ago

    Putting it all on red for a <50% chance of being financially comfortable while repaying the money and a >50% chance of being exactly as poor as before with some meaningless debt doesn't sound like a bad plan. Immoral only insofar that it benefits online casino owners

    Don't try this in America though, they will execute you in front of your home with one of those SWAT battering rams

  • D61 [any]
    ·
    3 years ago

    "Now do that for everybody, all the time..."

  • GundamZZ [he/him]
    ·
    3 years ago

    Middle class fascists on this site sympathizing with anti-social tendencies over actual proletarian consciousness every time.