{"id":211729,"date":"2020-08-10T07:20:02","date_gmt":"2020-08-10T07:20:02","guid":{"rendered":"http:\/\/www.thetruthseeker.co.uk\/?p=211729"},"modified":"2020-08-13T06:09:42","modified_gmt":"2020-08-13T06:09:42","slug":"super-rich-jewish-groups-got-about-1-billion-in-covid-emergency-relief","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=211729","title":{"rendered":"Super-Rich Jewish Groups Got About $1 Billion in Covid \u201cEmergency Relief\u201d"},"content":{"rendered":"

Rosemary Pennington \u2013 National Vanguard Aug 3, 2020<\/strong><\/h1>\n
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Anti Defamation League head Jonathan Greenblatt. Click to enlarge<\/p><\/div>\n

MORE THAN 1,000 US Jewish organizations received federal coronavirus relief loans totaling approximately $540 million to $1.3 billion.<\/span><\/p>\n

The recipients included several organizations that laid off employees during or immediately after the loan period, and Jewish spokesmen say that this suggests \u201cthat the relief legislation has not averted a financial crisis among Jewish organizations.\u201d The possibility that they simply pocketed or invested the funds for a quick profit was not explored or investigated.<\/span><\/p>\n

The figures were revealed as part of a massive data dump Monday by the Trump administration, which initially released details on its small business loans between $150,000 and $10 million. The loans were made as part of the \u201cPaycheck Protection Program,\u201d which provided money for payroll and other expenses from a $660 billion \u201crelief fund\u201d \u2014 which critics say is merely a way of enriching the already rich, many of whom continued to have steady profits during the crisis, and who were contractually obligated in many cases to pay their employees anyway and now, like the Jewish groups, can simply bank the \u201cemergency\u201d money.<\/span><\/p>\n

A data analysis performed partly by Jewish technologist Russel Neiss provided the figures on Jewish groups that received loans above $150,000. The amounts of loans were given in ranges of dollars rather than exact amounts.<\/span><\/p>\n

Jewish groups had\u00a0organized quickly<\/a><\/strong><\/span>\u00a0(how surprising!) to apply for the loans, with the Jewish Federations of North America, a national umbrella fundraising body, providing guidance on the application process. Half the Jewish organizations that applied received the loans, according to the organization. A formula determined the size of each grant.<\/span><\/p>\n

The loans\u2019 ostensible purpose was to \u201cprevent layoffs amid the current economic downturn\u201d by allowing businesses to continue paying salaries. Businesses that reduced payroll by more than 25% within eight weeks of receiving the loans were required to pay back at least part of the money. (Does this mean that those who claim to have fired only one in 4.001 of their employees don\u2019t<\/em> have to pay it back? And this is called a \u201cloan\u201d?)<\/span><\/p>\n

At least seven Jewish organizations received loans between $5 million and $10 million, according to the Neiss analysis. All but one are headquartered in the New York metropolitan area. They are:<\/span><\/p>\n