https://www.washingtontimes.com/news/2020/apr/1/mike-rowe-no-such-thing-as-a-nonessential-worker/

Is your last name Whitelaw or Harris

Coronavirus (COVID-19): Relief options and Additional ResourcesCLICK HERE
Skip to main content

MENU
Coronavirus Relief Options
We’re here to help you overcome the challenges created by this health crisis. We offer multiple funding options for those seeking relief. Read more below.

Our nation’s small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses.

Funding Options
In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.

Paycheck Protection Program
This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.

Learn more

EIDL Loan Advance
This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.

Learn more

SBA Express Bridge Loans
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

Learn more

SBA Debt Relief
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.

Learn more
Need help? Get free business counseling.
FIND COUNSELORS
What We Do
Newsroom
FOIA
Contact SBA
SBA en Español
SBA Team
SBA Performance
Inspector General
Privacy Policy
Blog

Sign up for SBA email updates
SUBSCRIBE
U.S. Small Business Administration409 3rd St, SW. Washington DC 20416
Feedback

Coronavirus (COVID-19): Relief options and Additional ResourcesCLICK HERE
Skip to main content

MENU
Coronavirus (COVID-19): Small Business Guidance & Loan Resources
Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy.
Content
Coronavirus Funding Options
Coronavirus Recovery Information in Languages other than English
Guidance for Businesses and Employers
Local Assistance
Join the SBA’s Relief Efforts
SBA Products and Resources
Government Contracting
Coronavirus Funding Options
Click here to learn more about available SBA loan and debt relief options.

Our nation’s small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses.

Notice: New Eligibility for Economic Injury Disaster Loan and Advance: SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. agricultural businesses. To learn more about eligibility and apply, click here.

EIDL applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.

To learn more about the relief options available for your business, click here.

EIDL Loan and Advance for Agricultural Businesses
APPLY NOW
Coronavirus Recovery Information in Languages other than English
SBA is providing materials in languages other than English to help business owners recover.

Spanish – español
Arabic – العربية
Chinese (Mandarin/Cantonese) – Simplified – 中文简体
Chinese (Mandarin/Cantonese) – Traditional – 中文繁軆
French – Français
German – Deutsche
Gujarati – ગુજરાતી
Haitian Creole – Kreyòl Ayisyen
Hindi – हिन्दी भाषा
Italian – Italiano
Japanese – 日本語
Korean – 한국어
Polish – Polski
Portuguese – Português
Russian – русский язык
Tagalog – Tagalog
Vietnamese – Tiếng Việt
Guidance for Businesses and Employers
The President’s Guidelines for Opening Up America Again

www.Coronavirus.gov

The Centers for Disease Control and Prevention (CDC) offers the most up-to-date information on COVID-19. This interim guidance is based on what is currently known about the coronavirus disease 2019 (COVID-19). For updates from CDC, please see the following:

Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)
Preventing Stigma Related to COVID-19
Share Facts about COVID-19
Information on Coronavirus Disease 2019 (COVID-19) Prevention, Symptoms and FAQ

The following interim guidance may help prevent workplace exposures to acute respiratory illnesses, including COVID-19, in non-healthcare settings. The guidance also provides planning considerations if there are more widespread, community outbreaks of COVID-19.

To prevent stigma and discrimination in the workplace, use the guidance described below and on the CDC’s Guidance for Businesses and Employers web page.

Below are recommended strategies for employers to use now. In-depth guidance is available on the CDC’s Guidance for Businesses and Employers web page:

Actively encourage sick employees to stay home
Separate sick employees
Emphasize staying home when sick, respiratory etiquette and hand hygiene by all employees
Perform routine environmental cleaning
Advise employees before traveling to take certain steps
Check the CDC’s Traveler’s Health Notices for the latest guidance and recommendations for each country to which you will travel. Specific travel information for travelers going to and returning from designated countries with risk of community spread of Coronavirus, and information for aircrew, can be found on the CDC website.
Additional Measures in Response to Currently Occurring Sporadic Importations of the COVID-19:
Employees who are well but who have a sick family member at home with COVID-19 should notify their supervisor and refer to CDC guidance for how to conduct a risk assessment of their potential exposure.
If an employee is confirmed to have COVID-19, employers should inform fellow employees of their possible exposure to COVID-19 in the workplace but maintain confidentiality as required by the Americans with Disabilities Act (ADA). Employees exposed to a co-worker with confirmed COVID-19 should refer to CDC guidance for how to conduct a risk assessment of their potential exposure.
Common Issues Small Businesses May Encounter:

Capital Access – Incidents can strain a small business’s financial capacity to make payroll, maintain inventory and respond to market fluctuations (both sudden drops and surges in demand). Businesses should prepare by exploring and testing their capital access options so they have what they need when they need it. See SBA’s capital access resources.
Workforce Capacity – Incidents have just as much impact on your workers as they do your clientele. It’s critical to ensure they have the ability to fulfill their duties while protected.
Inventory and Supply Chain Shortfalls – While the possibility could be remote, it is a prudent preparedness measure to ensure you have either adequate supplies of inventory for a sustained period and/or diversify your distributor sources in the event one supplier cannot meet an order request.
Facility Remediation/Clean-up Costs – Depending on the incident, there may be a need to enhance the protection of customers and staff by increasing the frequency and intensity by which your business conducts cleaning of surfaces frequently touched by occupants and visitors. Check your maintenance contracts and supplies of cleaning materials to ensure they can meet increases in demand.
Insurance Coverage Issues – Many businesses have business interruption insurance; Now is the time to contact your insurance agent to review your policy to understand precisely what you are and are not covered for in the event of an extended incident.
Changing Market Demand – Depending on the incident, there may be access controls or movement restrictions established which can impede your customers from reaching your business. Additionally, there may be public concerns about public exposure to an incident and they may decide not to go to your business out of concern of exposing themselves to greater risk. SBA’s Resources Partners and District Offices have trained experts who can help you craft a plan specific to your situation to help navigate any rapid changes in demand.
Marketing – It’s critical to communicate openly with your customers about the status of your operations, what protective measures you’ve implemented, and how they (as customers) will be protected when they visit your business. Promotions may also help incentivize customers who may be reluctant to patronize your business.
Plan – As a business, bring your staff together and prepare a plan for what you will do if the incident worsens or improves. It’s also helpful to conduct a tabletop exercise to simulate potential scenarios and how your business management and staff might respond to the hypothetical scenario in the exercise. For examples of tabletop exercises, visit FEMA’s website at: https://www.fema.gov/emergency-planning-exercises
Local Assistance
SBA works with a number of local partners to counsel, mentor, and train small businesses. The SBA has 68 District Offices, as well as support provided by its Resource Partners, such as SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers. When faced with a business need, use the SBA’s Local Assistance Directory to locate the office nearest you.

Join the SBA’s Relief Efforts
Join our team! The SBA is hiring additional employees to assist with disaster relief efforts. Bilingual language skills are a plus. Remote jobs are available nationwide.

SBA Products and Resources
SBA is here to assist small businesses with accessing federal resources and navigating their own preparedness plans as described by the CDC’s Guidance for Businesses and Employers.

SBA works with a number of local partners to counsel, mentor and train small businesses. The SBA has 68 District Offices, as well as support provided by its Resource Partners, such as SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers. When faced with a business need, use the SBA’s Local Assistance Directory to locate the office nearest you.

Access to Capital
SBA provides a number of loan resources for small businesses to utilize when operating their business. For more information on loans or how to connect with a lender, visit: https://www.sba.gov/funding-programs/loans.

7(a) program offers loan amounts up to $5,000,000 and is an all-inclusive loan program deployed by lending partners for eligible small businesses within the U.S. States and its territories. The uses of proceeds include: working capital; expansion/renovation; new construction; purchase of land or buildings; purchase of equipment, fixtures; lease-hold improvements; refinancing debt for compelling reasons; seasonal line of credit; inventory; or starting a business.
Express loan program provides loans up to $350,000 for no more than 7 years with an option to revolve. There is a turnaround time of 36 hours for approval or denial of a completed application. The uses of proceeds are the same as the standard 7(a) loan.
Community Advantage loan pilot program allows mission-based lenders to assist small businesses in underserved markets with a maximum loan size of $250,000. The uses of proceeds are the same as the standard 7(a) loan.
504 loan program is designed to foster economic development and job creation and/or retention. The eligible use of proceeds is limited to the acquisition or eligible refinance of fixed assets.
Microloan program involves making loans through nonprofit lending organizations to underserved markets. Authorized use of loan proceeds includes working capital, supplies, machinery & equipment, and fixtures (does not include real estate). The maximum loan amount is $50,000 with the average loan size of $14,000.
Exporting Assistance
SBA provides export loans to help small businesses achieve sales through exports and can help these businesses respond to opportunities and challenges associated with trade, such as COVID-19. The loans are available to U.S. small businesses that export directly overseas, or those that export indirectly by selling to a customer that then exports their products.

Export Express loan program allows access to capital quickly for businesses that need financing up to $500,000. Businesses can apply for a line of credit or term note prior to finalizing an export sale or while pursuing opportunities overseas, such as identifying a new overseas customer should an export sale be lost due to COVID-19.
Export Working Capital program enables small businesses to fulfill export orders and finance international sales by providing revolving lines of credit or transaction-based financing of up to $5 million. Businesses could use a loan to obtain or retain overseas customers by offering attractive payment terms.
International Trade loan program helps small businesses engaged in international trade to retool or expand to better compete and react to changing business conditions. It can also help exporting firms to expand their sales to new markets or to re-shore operations back to the U.S.
Government Contracting
SBA is focused on assisting with the continuity of operations for small business contracting programs and small businesses with federal contracts. See SBA’s Federal Contracting Guidance for Small Businesses Impacted by COVID-19. For more information on federal contracting, visit https://www.sba.gov/federal-contracting/contracting-guide

More specifically:

8(a) Business Development program serves to help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities, and the government limits competition for certain contracts to businesses that participate. The 8(a) program offer and acceptance process is available nationwide, and the SBA continues to work with federal agencies to ensure maximum practicable opportunity to small businesses. 8(a) program participants should stay in touch with their Business Opportunity Specialist (BOS).
HUBZone program offers eligibility assistance every Thursday from 2:00-3:00 p.m. ET at 1-202-765-1264; access code 63068189#. Members of the HUBZone team answer questions to help firms navigate the certification process. For specific questions regarding an application, please contact the HUBZone Help Desk at hubzone.
Women-owned Small Business firms who have questions, please visit wosb.

If a situation occurs that will prevent small businesses with government contracts from successfully performing their contract, they should reach out to their contracting officer and seek to obtain extensions before they receive cure notices or threats of termination. The SBA’s Procurement Center Representatives can assist affected small businesses to engage with their contracting officer. Use the Procurement Center Representative Directory to connect with the representative nearest you.

What We Do
Newsroom
FOIA
Contact SBA
SBA en Español
SBA Team
SBA Performance
Inspector General
Privacy Policy
Blog

Sign up for SBA email updates
SUBSCRIBE
U.S. Small Business Administration409 3rd St, SW. Washington DC 20416
Feedback

heat stored in melted aluminum then converted into electricity

You do you, but I’m going to do me.

Anyone who thinks social distancing is a good idea for the next few years, or thinks that a ‘benevolent’ dictatorship is for the good of humanity, just unfriend me now because I won’t be giving that point of view any energy.

I am a free Sovereign Human Being and if you want to stay home, stay home. That’s your sovereign right to choose.

If you want to wear a mask, wear a mask. That’s your sovereign right to choose.

If you want to avoid large crowds, avoid large crowds. That’s your sovereign right to choose.

I am not required to descend into poverty for you.

I am not required to abstain from human contact for you.(I wish I could bold this part) -B

I am not required to shop alone, without my friends and family, for you.

I refuse to participate in "quarantine life" until there’s an unsafe, untested vaccine released in eighteen months.

I refuse to receive said vaccine to make others feel more safe.

That IS my sovereign right to choose!!!

If you’re convinced the vaccine is safe and effective, you can get it.

Some of you are allowing fear and policies devoid of scientifically accurate data to destroy our country and ruin your life.

I can’t control your self-destructive behaviors, but we all have a say in the once great USA and the planet we live on.

We need to tell legislators that we demand options.

We have a constitutional right to take risks. Life is full of bacteria and viruses–many of which spread before symptoms manifest and after they subside.

We have a Sovereign right to receive OR refuse vaccines.

The data was inaccurate at best; purposely overblown to justify government overreach at worst.

Stop allowing the government to destroy:

The Food Supply

Small Businesses

Medical Autonomy

Access to Healthcare

Religious Gatherings

Privacy Rights

Fellowship

Our Mental Health

Our Freedom

When the "new normal" is filled with starvation, depression, suicide, child abuse, domestic violence, imprisonment, governmental spying, and pure DESPERATION, the virus is going to look preferable to the world you helped facilitate.

I’m going to turn this around on people from now on. Those that say I’m (or anyone that supports the mission to get us back open) putting money over lives wanting the country back open for business…

Hear this:

-YOU don’t care about the people that will kill themselves out of hopelessness

-YOU don’t care about small businesses that’ll close their doors (THEIR LIVELIHOOD) permanently

-YOU don’t care about the children/women/men that’ll be victims of domestic abuse

-YOU don’t care about people defaulting on their mortgages

-YOU don’t care about bills going unpaid by families with ZERO income right now

-YOU don’t care about people wondering where their next meal will come from

-YOU don’t care about the people that’ll lose their sobriety and slip back into addiction

-YOU don’t care about the people that will starve

-YOU support the inevitable looting that’ll take place

-YOU don’t care about anyone that’s murdered the longer this shut down goes on

-YOU don’t care about people’s mental health

-YOU don’t care about the children that DO need teachers and educators to guide & educate them

-YOU don’t care about the economy crashing down around us

-YOU REALLY DON’T CARE.

-YOU love your shackles

-YOU are pathetic, begging your leaders for MORE shut down and MORE regulations

I will NOT tolerate another person telling me that I don’t care about lives.

I care about the situation in its entirety.

But YOU don’t care about any of that so…

YOU stay home.

YOU wear a mask.

YOU live in fear.

Authored by a group, those of us WHO GENUINELY CARE about HUMANITY.

Please – Copy & paste if you agree!

S06 E10 · The Best Laid Plans
Feb 5, 2020
Ivar and Igor plot against Oleg, but are still part of the force that departs Kiev to invade Scandinavia. King Harald and King Bjorn begin furious preparations for the invasion, but it is uncertain if enough can be done to resist the Rus force.
S06 E09 · Resurrection
Jan 29, 2020
In Iceland, Ubbe and Torvi finally meet a mysterious wanderer; Erik returns from a scouting mission with worrying information; Bjorn must convince his old foe, King Harald, to join forces in the face of the new threat.
S06 E08 · Valhalla Can Wait
Jan 22, 2020
Bjorn faces a difficult decision; Ubbe and Torvi leave Kattegat in search of new lands and perhaps old friends; Oleg’s plans for the invasion of Scandinavia take shape; King Harald is baffled by the origin of a mysterious raiding party.
S06 E07 · The Ice Maiden
Jan 15, 2020
Bjorn returns to Kattegat and Harald gains a measure of revenge on Olaf. In Kiev, interesting news reaches Ivar and Igor about Prince Dir.
S06 E06 · Death and the Serpent
Jan 8, 2020
Bjorn is forced to act quickly in the aftermath of the election for the King of all Norway. The bandits attack Lagertha’s village again, and Hvitserk continues to unravel.
S06 E05 · The Key
Jan 1, 2020
The Kings and Jarls of Norway arrive at Harald’s territory to elect the King of Norway; King Olaf seems to think that he knows what the result will be, but the election may not go as planned; Ivar faces a complicated situation.
S06 E04 · All the Prisoners
Dec 18, 2019
Lagertha leads her village’s response to the recent attacks, but despite her best efforts, the consequences are tragic; Olaf has a bold new plan for the future of Norway; Ivar discusses Oleg’s ambitions for Scandinavia.
S06 E03 · Ghosts, Gods, and Running Dogs
Dec 11, 2019
Lagertha is forced to take action; In Kiev, although Oleg continues to be friendly, Ivar is aware of the threat which Oleg poses to the vulnerable young heir to the throne; Bjorn has answered the call and come to the aid of an old enemy.
S06 E02 · The Prophet
Dec 4, 2019
Messengers arrive in Kattegat with news that presents Bjorn with a dilemma; Prince Oleg of Kiev seems untroubled by his conscience; Lagertha has settled into her new, peaceful life, but danger lurks nearby.
S06 E01 · New Beginnings
Dec 4, 2019
Bjorn struggles with the responsibilities of kingship and he finds he can’t rely on his mother, Lagertha; Ivar falls into the hands of the Kievan Rus, and in their ruthless and unpredictable ruler, Prince Oleg, he may finally have met his match.

homemade weed killer

http://www.workingcarsforworkingfamilies.org

alaska-0
alabama: 1
Caring Cars , 600 St. Clair Building 3 , Huntsville, AL. 35801 US , (256) 551-1610 ext. 220
ARIZONA: 1
Project S.H.I.F.T. 3117 N. 16th St. Suite 100 Phoenix, AZ. 85016 US (602) 263-5741
CALIFORNIA:3
Benicia Community Action Council , 480 Military East , Benicia, CA. 94510 US , (707) 745-0900
Ways to Work Inc. , 24 Second Avenue , San Mateo, CA. 94401 US , (650) 403-4300
Ways to Work , 8804 Balboa Ave. , San Diego, CA. 92123 US , 858-637-3008
COLORADO: 2
Cars for Families ,375 W. 37th Street #150 ,Loveland, CO. 80538 US , 970-407-0305 x. 5
Good Neighbor Garage , 4455 East 46th Ave , Denver, CO. 80216 US , 720-941-5897
FLORIDA: 3
Ways to Work Inc., 928 22nd Ave. S ,St Petersburg, FL. 33705 US , 727) 824-0910
Wheels of Success , 9309 N. Florida Ave., Ste. 109 , Tampa, FL. 33612 US , (813) 490-9443
Ways to Work Inc. , 1639 Atlantic Blvd. ,Jacksonville, FL. 32207 US , (904) 396-8116
GEORGIA: 4
Chestatee-Chattahoochee RC&D Council , 170 Scoggins Drive ,Demorest, GA. 30535 US , 706-776-9675 ,
Wheels to Work , 1905 Martin Luther King Drive Suite C , Soperton, GA. 30457 US , 912-529-6652
Oconee River RC&D Council , P.O. Box 247 , Watkinsville, GA. 30677 US , 706-769-7922
Ways to Work Inc., 1105 W Peachtree St., NE , Atlanta, GA. 30309 US , (404) 853-2844
IOWA: 1
Ways to Work Inc., 1515 Avenue J , Council Bluffs, IA. 51501 US , (712) 435-5368
ILLINOIS: 5
Chicago Uptown Ministry , 4720 North Sheridan Road , Chicago, IL. 60640 US , (800) 363-5237
Salvation Army , 5045 W. 47th Street , Chicago, IL. 60638 US , (877) 601-2769
Salvation Army , 609 W. Dempster St. , Des Plaines, IL. 60016 US , (877) 601-2769
The Salvation Army , 1 S. 415 Summit , Oakbrook Terrace, IL. 60181 US , (877) 601-2769
The Salvation Army , 1313 Hilltop Avenue , Chicago Heights, IL. 60411 US , (877) 601-2769
INDIANA: 1
Family Service of Central Indiana, Inc.615 North Alabama Street Ste.320 , Indianapolis, IN. 46204 US , (317) 634-6341
KANSAS: 1
Ways to Work , 626 Minnesota Avenue , Kansas City, KS. 66101 US , 913-342-1110 x1948
LOUISIANA: 1
Ways to Work Inc. , 4540 Ambassador Caffery Pkwy. Building D Ste. B-220 , Lafayette, LA. 70508 US , (337) 981-2180
MASSACHUSSETS: 1
More Than Wheels , 89 South Street ,Suite LL02 , Boston, MA. 02111 US , 866-455-2522
MARYLAND: 2
Garrett County Community Action , 12578 Garrett Hwy. , Oakland, MD. 21550 US , (301) 533-3081
Second Chances Garage , 528 N. Market Street , Frederick, MD. 21701 US 240-724-1919
MAINE: 3
SCARP , 143 Madison Avenue Ste 5 , Skowhegan, ME. 04976 US , 207-474-0788
Goodwill Industries of Northern New England , 243 Leighton Road , Augusta, ME. 04330 US , 207 626-0170 Ext 233
More Than Wheels , Not Applicable , Not Applicable, ME. 04101 US , 866-455-2522
MICHIGAN:1
Charity Motors, Inc. , 10431 Grand River Avenue , Detroit, MI. 48204 US , (313)9334000/(888)908CARS
MINNESOTA:8
Free To Be, Inc. , 1201 89th Ave.NE , Suite 230 , Blaine, MN. 55434 US , 763.717.7755 ,
Newgate Education Center , 2900 East Hennepin Ave. , Minneapolis, MN. 55413 US , (612) 378-0177
Family Assets for Independence in Minnesota , 411 Industrial Park Boulevard , Elbow Lake, MN. 56531 US , 218-685-4486 x.137
Community Action , 450 Syndicate Street North , St Paul, MN. 55104 US , 651-603-5880
Auto Technical Institute , 461 North Wilder Street , St. Paul, MN. 55104 US , 612-919-5526
Minnesota Valley Action Council , 464 Raintree Rd , Mankato, MN. 56001 US , 507-345-0446 or 1-800-767
Community Emergency , 6840 78th Ave N , Brooklyn Park, MN. 55445 US , 763-450-3675
Ways to Work , 730 Florida Ave South , Golden Valley, MN. 55426 US , (763) 529-1350
NEBRASKA:1
Ways to Work Inc.Ways to Work Inc. , 2101 S. 42nd Street , Omaha, NE. 68105-2909 US , (402) 553-30002101
NEW HAMPSHIRE:1
Good News Garage – LSS , 325 Merrill Street , Manchester, NH. 03103 US , 877.400.6065
NEW JERSY:1
NORWESCAP , 350 Marshall Street , Phillipsburg, NJ. 08865 US , 908-454-7000
New yourk: 8
Wheels for Work , 10 Chapel Street , Mount Morris, NY. 14510 US , 585-658-4466 x15
Community Action of Greene County , 2 Franklin St , Catskill, NY. 12414 US , 518-943-9205
Wheels for Work , 220 N Main St , Spring Valley, NY. 10977 US . 845-426-1717
Wheels for Work , 237 Main Street #330 , Buffalo, NY. 14203 US , 716-847-1120
Wheels for Work , 247 Factory Street , Watertown, NY. 13601 US , 315-782-8440
Steuben County Department of Social Services , 3 East Pulteney Square , Bath, NY. 14810 US , (607) 664-2100
Education & Assistance Corporation (EAC, Inc.) , 3505 Veterans Memorial Highway, Suite M , Ronkonkoma, NY. 11779 US , (631) 648-7100 x219
Saratoga County Economic Opportunity Council , 40 New St / PO Box 5120 , Saratoga, NY. 12866 US , 518-587-3158 x31
OHIO: 2
Personal and Family Counseling Services , 1433 Fifth Street N.W. , New Philadelphia, OH. 44663 US , (330) 343-8171
Ways to Work Inc. , 624 Market Avenue North , Canton, OH. 44702 US , (330) 454-7066 ext 318
Ways to Work Inc. , 1808 SE Belmont Street , Portland, OR. 97214 US , (503) 688-1785
PENNSYLVANIA: 8
Community Auto, Inc. , 11490 Perry Highway STE 7 Wexford, PA. 15090 US 724-443-8300
(CACLV) 1337 E. 5th Street Bethlehem, PA. 18015 US 484-893-1037
Bucks County Housing Group 2324 Second Street Pike STE 17 Wrightstown, PA. 18940 US 215 598 3566
Ways to Work 411 W. Walnut St. Allentown, PA. 18102 US (484) 223-2068
Ways to Work Inc. 579 Main Street Stroudsburg, PA. 18360 US (570) 424-1616
Ways to Work Inc. 6401 Penn Avenue, 2nd floor Pittsburgh, PA. 15206 US (412) 661-1670 x615
Ways to Work Inc. 65 E. Elizabeth Ave. Ste. 506 Bethlehem, PA. 18018 US (610) 691-6919
Wheels to Work 344 N. Marshall St. Lancaster, PA. 17602 US (717) 291-2261 ext. 226
SOUTH CAROLINA: 1
The Cooperative Ministry 3821 West Beltline Boulevard Columbia, SC. 29204 US (803) 799-3853 x512
SOUTH DAKOTA: 1
Sioux Empire Wheels to Work 805 Pam Road Sioux Falls, SD. 57105 US (605) 941-4318
Ways to Work Inc. 4625 Lillian Street Houston, TX. 77007 US (713) 867-7774
Ways to Work Inc. 406 West Commerce San Antonio, TX. 78207 US (210) 924-8581 x5517
vIRGINAI: 8
Capital Area Partnership Uplifting People (CAPUP) 1021 Oliver Hill Way Richmond, VA. 23219 US (804) 788-0050 x18
Ways to Work Inc. 10455 White Granite Drive Oakton, VA. 22124 US 703-219-2144
Ways to Work Inc. 2600 Memorial Ave Ste 201 Lynchburg, VA. 24501 US (434) 845-5944 ext. 229
ECDC Enterprise Development Group 901 S. Highland St. Arlington, VA. 22204 US 703-685-0510
2C8 Corporation 929 West Broad Street Suite 205 Fairfax, VA. 22046 US 703-278-9299
Ways to Work Inc. 312 Waller Mill Dr., Ste. 500 Williamsburg, VA. 23187 US (757) 258-5022
Responsible Rides 5240 Valleypark Drive Roanoke, VA. 24019 US (540) 527-3532
Ways to Work 800 West Graham Road Richmond, VA. 23222 US (804) 353-4264 x. 108
VERMONT: 3
Central Vermont Community Action Council (CVCAC) 195 US Route 302-Berlin Barre, VT. 05641 US (802) 793-3550
Good News Garage – LSS 331 North Winooski Avenue Burlington, VT. 05401 US 877-448-3288
More Than Wheels Not Applicable Not Applicable, VT. 05401 US 866-455-2522
WISCONSIN: 8
JumpStart 1118 Tower Ave. Superior, WI. 54880 US 715-392-5127
Auto Repair Training 1329 W. National Avenue Milwaukee, WI. 53204 US 414-671-0251
Esperanza Unida 1329 West National Ave. Milwaukee, WI. 53204 US 414-671-0251
Southwestern Wisconsin Community Action Program, Inc. 149 N Iowa St Dodgeville, WI. 53533 US 608-935-2326 ext 220
Community Action, Inc. 20 Eclipse Center Beloit, WI. 53511 US 608-313-1325
Couleecap: Work-n-Wheels 201 Melby St. Westby, WI. 54667 US 608-634-7831
Couleecap 212 Airport Plaza Viroqua, WI. 54665 US 608-637-6790
Ways to Work Inc. 300 Crooks Street, PO Box 22308 Green Bay, WI. 54305 US (920) 436-4360 x1397
WEST VIRGINA: 2
Good News Mountaineer Garage 128 Tower Lane PO Box 998 Morgantown, WV. 26507 US 304 296 8445
Good News Mountaineer Garage 221 1/2 Hale St. Charleston, WV. 25003 US 304-344-8445 OR 866 448-3

726,430 views|May 3, 2020,07:11pm EDT
Donald Trump And The Fed Could Be About To Destroy The U.S. Banking System
Billy BambroughContributor
Crypto & Blockchain
I write about how bitcoin, crypto and blockchain can change the world.
Donald Trump and the Federal Reserve have gone to extraordinary lengths to prop up the U.S. economy in recent weeks.

The coronavirus pandemic and the lockdowns put in place to slow its spread have ravaged the U.S. economy—with the Fed and the Trump administration pumping a staggering $6 trillion in to the system since March and taking interest rates back to record lows to keep it on its feet.

Now, as the economic reality of a post-coronavirus world sinks in, president Trump and the Fed are edging closer to negative interest rates—something legendary investor Warren Buffett has warned could have “extreme consequences.”

MORE FROM FORBES
Is 2020 The New 2017? Bitcoin Could Be This Year’s Best Performing Asset
By Billy Bambrough

U.S. president Donald Trump has previously[+]
GETTY IMAGES
Negative interest rates, meaning borrowers are paid to take out loans by the lender, have been adopted by a number of central banks around the world, led by some European central banks and the Bank of Japan.

If a central bank sets its overnight deposit rate to below zero, lenders must pay their central bank to hold their reserves. Banks could then pass those costs on to their customers, charging fees for positive balances.

Some economists believe negative interest rates can jolt life into flatlining economies, encouraging money to be invested or spent, though others fear a negative interest rate policy could keep an economy subdued.

“We’re doing things that we don’t know [their] ultimate outcome,” Buffett said when asked about the possibility of negative interest rates in the U.S. at Berkshire Hathaway’s annual meeting on Saturday.

“[Negative interest rates are] probably the most interesting question that I’ve seen in economics,” Buffett said, speaking to shareholders via webcast and warning of “extreme consequences” if a negative interest rate policy is brought in.

Back in March, Buffett said the puzzle of what negative interest rates would do to U.S. financial markets is “the most important question in the world,” admitting he doesn’t “know the answer.”

Earlier this year, Trump indicated he’d be in favour of the Fed adopting negative interest rates in order to compete with countries that already have.

“We’re forced to compete with nations that are getting negative rates, something very new,” Trump told attendees at the World Economic Forum in January. “Meaning, they get paid to borrow money, something I could get used to very quickly.”

While Fed chair Jerome Powell has said he doesn’t think negative interest rates are “an appropriate policy,” Trump isn’t shy about applying pressure.

“The Federal Reserve should get our interest rates down to zero, or less,” Trump tweeted in September.

“It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing,” Trump said, calling Fed policy makers “boneheads.”

Meanwhile, Narayana Kocherlakota, a former president of the Federal Reserve Bank of Minneapolis has thrown his weight behind negative interest rates, calling for the Fed to set interest rates a “quarter percentage point below zero” and put employment above bank stability.

“Put crudely, the Fed is giving up on unemployment reductions to help keep banks and their shareholders safer,” Kocherlakota wrote in a Bloomberg op-ed.

The Fed opted to keep interest rates on hold at its latest policy meeting last week, though Powell said he is willing to go further to prop up the economy ravaged by lockdowns.

“It may well be the case that the economy needs more support,” Powell said, speaking at a press conference after the Fed’s two-day policy meeting—leaving negative interest rates on the table but keeping them at arm’s length for now.

“One of the things [the Fed] wants to do is protect the banking system,” William Lee, chief economist at the California-based economic think tank Milken Institute, told CNBC this weekend.

“We’ve learned our lesson from Japan and the Europeans; when you go to negative rates you start impairing the banking system. I think [negative interest rates] will be the last tool the Fed pulls out of its tool kit. The Fed right now is oriented toward ensuring financial markets work and work properly and stay working.”

MORE FROM FORBES
Donald Trump’s China Nightmare Is Coming True For The U.S. Dollar
By Billy Bambrough

Donald Trump’s support for negative interest rates[+]
AFP VIA GETTY IMAGES
Last month, a senior official at the International Monetary Fund warned the Bank of Japan against pushing rates deeper into negative territory, cautioning it would “provide fairly limited economic stimulus while negative rates may weaken profitability in parts of the financial sector.”

Coronavirus-induced lockdowns have caused central bankers and policy makers to go further and move faster than ever before, pushing some toward alternatives, such as bitcoin, a cryptocurrency.

Many bitcoin and cryptocurrency exchanges around the world have reported a surge in users and trading volumes over the last couple of months.

Talk of negative interest rates in the U.S. come as bitcoin is on the verge of its third supply squeeze—something many crypto proponents think is likely to boost the bitcoin price.

“The world economy just experienced a crisis that highlighted the risk of insufficient cash balances, and now policy makers want to further penalize cash balances with the use of negative interest rates. Why? To try to create a short-term increase in spending and investing ahead of the November election,” said Pierre Rochard, bitcoin strategist at bitcoin and crypto exchange Kraken.

“Bitcoin has the opposite approach of incentivizing long term savings with seizure-resistance and volatile hyperdeflation.”

Bitcoin’s looming supply squeeze, called a halving, is set for May 12 and will see the number of bitcoin rewarded to those that maintain the bitcoin network, known as miners, halved.

“The halvening is an important event for bitcoin, but it’s just one element in the perfect storm that bitcoin is enjoying at the moment,” said Alex Mashinsky, chief executive of cryptocurrency lending platform Celsius Network.

“Governments around the world are implementing unprecedented fiscal stimulus, which risks causing high inflation across fiat currencies, which reinforces bitcoin’s value proposition as a deflationary asset. As a result, many first time retail investors are flocking to bitcoin as a way to protect their wealth.”

The Oracle of Omaha, Warren Buffett, who’s previously branded bitcoin “probably rat poison squared,” told Berkshire Hathaway shareholders the coronavirus pandemic could have an “extraordinarily wide” range of possible outcomes.

A severely weakened U.S. banking system—potentially leading to a bitcoin and cryptocurrency adoption spike—is one coronavirus outcome that even Buffett might have missed.

Get the best of Forbes to your inbox with the latest insights from experts across the globe.
Follow me on Twitter.
Billy Bambrough
I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported…Read More
Loading …
Also on Forbes Crypto & Blockchain
INNOVATION
BrandVoice: Blockchain, Autonomous Tech Help Keep ‘Fair Fashion’ In Style
CRYPTO & BLOCKCHAIN
Hyperinflation In Lebanon Leads To Mass Protests

© 2020 Forbes Media LLC. All Rights Reserved.
AdChoicesPrivacy StatementTerms and ConditionsContact UsJobs At ForbesReprints & PermissionsForbes Press RoomAdvertise