Hurrican Katrina ecavuees eligible for small business loans
Yes - my co-worker, who recieved some $60,000 cash from the hurrican relief funds, the same co-worker who got all his appliances, furnitures, clothings, electronics etc replaced by generosity and govt funds, the same co-worker who's tax's are assured to be 100% refunded ecause of Katrina, recieved a $120,00 small business 3.1 % for 30 years business loan to by his next house.
His $180,000 NO home is bieng sold for $125,000
Now, I'm for helping the common man in need ......... but this whole Katrina thing is borderline ridiculous. It was his choice to live there, his choice to NOT have flood and hurricane insurance. America stepped up to help I believe, but its become a dependency and a cry about not getting enough help and folks, I'm telling you, theres been PLENTY of aid, too much IMO.
And the Monday Night Football game ? The people choosing to live like that 1 year later is doing it by their own fault.
RE: Hurrican Katrina ecavuees eligible for small business loans
The idea that the Federal Government can and will step in and repair/replace natural disaster occurances sounds good, but it is vastly abused. The "sit back and take the check just because it is offered" has to stop. The United States cannot afford to continue pouring money out at every disaster, especially on the world wide front. I knowForida employeesthat went to Mississippi and Lousianna after the hurricane working, giving out ice, water and meals to the victims. They said they were often yelled at by healthy people to bring them something to eat or a bottle of cold water while they sat on their butts 40 or 50 feet away. Contrast this to a private business owner that loses his business to a fire or tornado and they aren't compensated or given special considerations. That is what you are suppose to have insurance and saving for. Get them off their butt waiting for handouts and tell them to go to work.
A good friend of mine has a large trailer/camper park in Alabama. The Federal Government contracted with a company to supply campers with all the cost paid for those that lost their homes to come and live/work. The local businesses guaranteed hundreds of jobs immediately to the victims to come and live. After the new campers were set up and invitations were given they didn't fill but about a third of the campers and some of them were proven to be people that came from other states taking advantage of the situation. Very few took advantage of the job offers with transportation provided if needed. No telling how much money was wasted on this one assistance endevor.
RE: Hurricane Katrina evacuees eligible for small business loans
Quote:
ORIGINAL: timbercruiser
The idea that the Federal Government can and will step in and repair/replace natural disaster occurrences sounds good, but it is vastly abused. The "sit back and take the check just because it is offered" has to stop. The United States cannot afford to continue pouring money out at every disaster, especially on the world wide front. I knowFlorida employeesthat went to Mississippi and Louisiana after the hurricane working, giving out ice, water and meals to the victims. They said they were often yelled at by healthy people to bring them something to eat or a bottle of cold water while they sat on their butts 40 or 50 feet away. Contrast this to a private business owner that loses his business to a fire or tornado and they aren't compensated or given special considerations. That is what you are suppose to have insurance and saving for. Get them off their butt waiting for handouts and tell them to go to work.
A good friend of mine has a large trailer/camper park in Alabama. The Federal Government contracted with a company to supply campers with all the cost paid for those that lost their homes to come and live/work. The local businesses guaranteed hundreds of jobs immediately to the victims to come and live. After the new campers were set up and invitations were given they didn't fill but about a third of the campers and some of them were proven to be people that came from other states taking advantage of the situation. Very few took advantage of the job offers with transportation provided if needed. No telling how much money was wasted on this one assistance endeavor.
Isn't it ironic that what we are doing here to help Americans is deemed unworthy , and I agree it is B.S.!
Now change the location to Baghdad and its a good thing right? Rebuilding schools ,hospitals , rebuilding houses for people that hate us.
Location: On an Island in the west coast of New England
Posts: 13,133
RE: Hurricane Katrina evacuees eligible for small business loans
Good point as usual Jim. I vote for spending more here and none there. If we pulled in our moneybags tent out of the Middle East then we could concentrate of improving life here in the states for everyone and making sure our economy and standard of living is a roll model for the rest of the world. Post WW2 resulted in a huge push for modernization and industrialization all across America. Roads were built, dams were constructed, and money was spent here creating jobs. The past decade IMO has been a decline here in America. Jobs are going off shore and many Americans are being left out. Lets build America not the Middle east.
__________________
Too busy with fishing to spend much time here.
RE: Hurricane Katrina evacuees eligible for small business loans
Quote:
lucky co-worker
Lucky ? No ....... tens of thousands got the same things becase they failed to cover themselves with insurance and chose to live in a hurricane zone.
Quote:
I wouldn't want to walk a mile in their shoes.
Do you ? Where do you live ? Hurricane zone ? Tornado alley ? Earthquake area ? Flood area ? Do you have insurance ?
My point is ....... you've covered yourself haven't you ?
Quote:
That doesn't sound right,a buisness loan to buy a house. What are the rates on any goverment small buisness loan right now?
Its exactly right, he closed on Friday of last week, I believe 3.1 % for 120,000 for 30 years.
Quote:
Lets build America not the Middle east.
All of what I posted it true ........ how is this helping rebuild america ?
Because honestly, my co-worker feels like the govt owes him a lot more, and he's been dumbed down to living off handouts, govt checks, states aid and handouts to the point where when the money runs dry, he's already prepared for filing bankruptcy, yet he and his wife pull in $100,000 + a year ?
Has anyone paid attention to Spike Lee and everything that the people in NO have been saying ? That a year later and STILL nothing is being done ?
Hello ! Thigns HAVE been done by the way of tens of thousands of dollars in gifts, even more by giving everything back that the families had and more, and even to the point of small business loans ( low % ) for buying NEW homes in different areas.
RE: Hurrican Katrina ecavuees eligible for small business loans
Dang, where's he getting all this stuff? My mother-in-law had her home wiped out by the storm. She lives in Slidell, not NO, on the other side of Lake Ponchartrain. Lived there for 40 years with no flooding problems, but, had 6 feet of water in her home during Katrina. She's got the use of a FEMA camper until February, but,she didn't receive ANY cash, appliances, furniture, etc. She'll probably have to move in with us or with her son after February. Her husband died two weeks before the storm, and she hasn't had a job outside the home since the sixties, so she doesn't have any job-skills.
A couple quick questions:
1. I didn't think you could use small business loans to buy a personal residence. How's he doing that?
2. I noticed the Spike Lee reference. Does your co-worker happen to be African-American?
Meanwhile, in other news, Katrina refugees here in Houston are suggesting that the crime rate is going to go up if their free rent is discontinued...
Hurrican Katrina ecavuees eligible for small business loans
