February, 21 2021, 11:00pm EDT
WASHINGTON
Today, President Biden announced several fixes to the rules of the Paycheck Protection Program (PPP), including one that will ensure a more accurate determination of the level of small business relief that sole proprietors and independent contractors need and are entitled to receive.
Over 100 organizations supporting African American, Latino and immigrant-owned businesses recently called for immediate changes to ensure that relief gets to the business owners who need it the most. This important change will help millions of small businesses owners across the country, in rural and urban areas alike. Organizations signing on included the Main Street Alliance, Center for Responsible Lending, Local Initiatives Support Coalition, American Business Immigration Coalition, Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE), United States Hispanic Chamber of Commerce, U.S. Black Chambers, Inc., Opportunity Finance Network and dozens of others.
Before this fix, the Small Business Administration (SBA) calculated the loan amounts for sole proprietors and independent contractors based on net profit rather than gross income, which does not give a true representation of their business relief needs. Changes in the rules for the latest round of funds provided a remedy for this issue for small farmers and ranchers, but other micro-businesses were not able to take advantage of that change.
This change will apply to new first time PPP loans as well as second draw loans. While the SBA cannot retroactively apply the fix to loans made prior to today's change, Congress can, and in fact has already done so for small farmers and ranchers.
The $800 billion PPP had structural flaws since its inception that favored larger, more well-resourced businesses. Nearly 95% of Black-owned firms and 91% of Latino-owned firms have no employees beyond the owners, as compared to 78% of white-owned firms. The flaw in the rules related to tax forms was one of several structural impediments to access for minority-owned firms.
The Administration also announced fixes that will increase access by removing barriers for borrowers with student debt delinquencies, making barriers less restrictive for business owners who have had criminal justice system involvement in the past, and by removing restrictions for eligible immigrant business owners. Last week, the SBA also improved its practices around collecting demographic data by moving these questions to the first page of the application form.
Main Street Alliance Government Affairs Director Didier Trinh had this to say:
"The Biden Administration's updates to the PPP are a welcome recognition of the major gaps and challenges to the program. These updates will help expand access, but more is needed to support small businesses. From retroactive application of these updates, to flexible grants outside the PPP program itself we look forward to continuing to work with the Administration to center Black, brown, women-owned and our smallest business owner needs, who have been disproportionately impacted by both the crisis and least likely to receive support."
Center for Responsible Lending Director of Federal Advocacy Ashley Harrington made the following statement:
"In concert with the 100-plus organizations who joined the call for a much-needed fix to the rules of the PPP, we extend our appreciation for the quick response from President Biden, Treasury Secretary Yellen, and the Small Business Administration. We ask that Congress move just as swiftly to make the adjustment retroactive, so that businesses who missed out on the level of relief they needed previously might survive this perilous time and thrive as we move forward.
These businesses owned by people of color are a vital part of the very communities who have been hit so hard by the COVID-19 pandemic. We must ensure all vulnerable businesses have equitable access to the relief they need to weather this crisis."
American Business Immigration Coalition's Executive Director Rebecca Shi made the following statement:
"Fueling Black, Latino and immigrant owned businesses is critical to our nation's recovery from the Pandemic. President Biden, Treasury Secretary Yellen and the Small Business Administration's fix for the Paycheck Protection Program breaks down prosperity barriers and provides full access to relief where it is urgently needed."
Background:
Under this change, the proprietor of a mobile food truck in Greenville, NC, a Black woman who received $3,273 in PPP funds, would be eligible for $20,678. And a Latino-owned auto repair business with one part-time employee in addition to the owner would be eligible for $23,216 - five times the $4,680 this business received under the previous rules. These businesses need funds that are adequate to stay afloat during the shutdown and care for their families, and under the previous rules, they were not eligible for enough funding.
The Main Street Alliance (MSA) is a national network of small business coalitions working to build a new voice for small businesses on important public policy issues. Main Street Alliance members are working throughout the country to build policies that work for business owners, their employees, and the communities they serve.
LATEST NEWS
20 Years Later, Abu Ghraib Torture Victims Get Their Day in Court
"Meanwhile, the U.S. government STILL hasn't provided compensation or other redress to people tortured by U.S. troops in Iraq," said one observer. "These three men are the lucky few."
Apr 15, 2024
Two decades after they were tortured by U.S. military contractors at the notorious Abu Ghraib prison near Baghdad, three Iraqi victims are finally getting their day in court Monday as a federal court in Virginia takes up a case they brought during the George W. Bush administration.
The case being heard in the U.S. District Court in Alexandria, Al Shimari v. CACI, was first filed in 2008 under the Alien Tort Statute—which allows non-U.S. citizens to sue for human rights abuses committed abroad—by the Center for Constitutional Rights (CCR) on behalf of three Iraqis. The men suffered torture directed and perpetrated by employees of CACI, a Virginia-based professional services and information technology firm hired in 2003 by the Bush administration as translators and interrogators in Iraq during the illegal U.S.-led invasion and occupation.
"This lawsuit is a critical step towards justice for these three men who will finally have their day in court."
Plaintiffs Suhail Al Shimari, Asa'ad Zuba'e, and Salah Al-Ejaili accuse CACI of conspiring to commit war crimes including torture at Abu Ghraib, where the men suffered broken bones, electric shocks, sexual abuse, extreme temperatures, and death threats at the hands of their U.S. interrogators.
"This lawsuit is a critical step towards justice for these three men who will finally have their day in court. But they are the lucky few," Sarah Sanbar, an Iraq researcher at Human Rights Watch, wrote on Monday. "For the hundreds of other survivors still suffering from past abuses, their chances of justice remain slim."
"The U.S. government should do the right thing: Take responsibility for their abuses, offer an apology, and open an avenue to redress that has been denied them for too many years," Sanbar added.
U.S. military investigators found that employees of CACI and Titan Corporation (now L3 Technologies) tortured Iraqi prisoners and encouraged U.S. troops to do likewise. Dozens of Abu Ghraib detainees died in U.S. custody, some of them as a result of being tortured to death. Abu Ghraib prisoners endured torture ranging from rape and being attacked with dogs to being forced to eat pork and renounce Islam.
A May 2004 report by Maj. Gen. Anthony Taguba concluded that the majority of Abu Ghraib prisoners—the Red Cross said 70-90%— were innocent. In addition to thousands of men and boys, some women and girls were also jailed there as bargaining chips meant to induce wanted insurgents to surrender. Some of them said they were raped or sexually abused by their American captors; lesser-known Abu Ghraib photos show women being forced to expose their private parts. Some female detainees were reportedly murdered by their own relatives in so-called "honor killings" after their release.
Eleven low-ranking U.S. soldiers were convicted and jailed for their roles in the Abu Ghraib torture scandal. Brig. Gen. Janis Karpinski, the prison's commanding officer, was demoted. No other high-ranking military officer faced accountability for the abuse. Senior Bush administration officials—who had authorized many of the "enhanced interrogation techniques" used at prisons including Abu Ghraib and Guantánamo Bay—lied about their knowledge of the torture. None of them were ever held accountable.
Bush's successor, former President Barack Obama, promised to investigate—and if warranted, to prosecute—the Bush-era officials responsible for the torture that had become synonymous with the War on Terror. Instead, the Obama administration protected them from prosecution.
In 2013, L3 Technologies agreed to pay $5.28 million to 71 former Abu Ghraib detainees who were subjected to sexual assault and humiliation, rape threats, electrical shocks, mock executions, brutal beatings, and other abuse.
The following year, the 4th U.S. Circuit Court of Appeals overturned a lower court ruling prohibiting Abu Ghraib torture victims from suing U.S. companies implicated in their abuse. But the court later reversed itself, finding the case had sufficient ties to the United States to be heard in an American court. The suit was later dismissed under the political question doctrine, which prevents courts from ruling on issues determined to be essentially political.
However, in 2016, a 4th Circuit panel ruled that "the political question doctrine does not shield from judicial review intentional acts by a government contractor that were unlawful at the time they were committed," allowing the Iraqis' case to proceed.
"This is a historic trial that we hope will deliver some measure of justice and healing for what President Bush rightly deemed disgraceful conduct that dishonored the United States and its values," CCR senior attorney Katherine Gallagher toldThe Guardian on Monday.
"In many ways, this case may be seen as setting a precedent for holding contractors accountable for human rights violations should they happen in other contexts, too," she added.
CACI—which denies any wrongdoing—has tried to get the case dismissed 20 times. The company still lands millions of dollars worth of U.S. government contracts. In February, Fortuneincluded the firm on its "World's Most Admired Companies" list for the seventh straight year.
Keep ReadingShow Less
Mehdi Hasan Launches Media Platform With Naomi Klein, Greta Thunberg, and More
The journalist says Zeteo will feature "hard-hitting interviews and unsparing analysis" in op-eds, podcasts, and streaming shows.
Apr 15, 2024
After a few weeks of "soft launch" mode, journalist Mehdi Hasan on Monday officially debuted his new media platform, Zeteo, and declared that "this is not a one-man band."
The former MSNBC and Peacock host—whose show was canceled in November and wrapped up in January, after his incisive criticism of Israel's assault on the Gaza Strip—revealed nine of the contributors he has lined up so far, calling them "some of the biggest, boldest, and best names from media, activism, entertainment, and beyond."
They are Pulitzer Prize-winning journalist Spencer Ackerman, comedian and podcaster W. Kamau Bell, Palestinian Canadian lawyer Diana Buttu, former CNBC and CNN correspondent John Harwood, foreign policy analyst Rula Jebreal, author Naomi Klein, novelist Viet Thanh Nguyen, actor and activist Cynthia Nixon, and Swedish climate campaigner Greta Thunberg.
"The tough interviews and knowledgeable analysis are all coming back, along with a global cast of contributors," Klein said on social media Monday. "I was honored when Mehdi asked me to be one of them, along with Rula Jebreal and Greta Thunberg and many others yet announced."
"Mehdi and I will be having a regular conversation called 'Unshocked,'" noted Klein, who authored The Shock Doctrine.
Hasan—who has also produced content for Al Jazeera, The Guardian, and The Intercept—has saidZeteo will feature "hard-hitting interviews and unsparing analysis" in a variety of forms, from op-eds and podcasts to streaming shows, beginning with "Mehdi Unfiltered."
"To keep Zeteo's journalism independent and free of advertiser and corporate influence," Hasan explained ahead of the formal launch, "and to allow us to continue investing in the future, we have to rely on our individual paid subscribers."
Keep ReadingShow Less
'Catastrophic': Biden Admin Approves Largest Offshore Oil Export Terminal
"Nothing about this project is in alignment with Biden's climate and environmental justice goals," said one campaigner.
Apr 15, 2024
Climate action groups are vehemently rejecting the Biden administration's claim that the approval of a new offshore oil terminal—planned to be the largest in the U.S.—is in the "national interest," after the U.S. Department of Transportation announced the project had met several federal requirements and could begin operations by 2027.
The agency's Maritime Administration said last week that Enterprise Product Partners, a Houston-based pipeline company, had been granted a deepwater port license to build the Sea Port Oil Terminal (SPOT) near Freeport, Texas following a five-year federal review process.
The federal government determined the $1.8 billion terminal project had undergone sufficient environmental impact reviews and would overall benefit the country—even as it was projected by the Sierra Club, which has fought SPOT for several years, to emit greenhouse gases equivalent to those of nearly 90 coal-fired power plants.
"The evidence is clear that SPOT would be catastrophic to the climate, wildlife, and frontline communities of the Gulf," said Devorah Ancel, senior attorney with the Sierra Club. "It threatens the future existence of the endangered Rice's whale with a population of less than fifty, and its ozone pollution would compromise the health of thousands of Gulf residents who have endured decades of fossil fuel industry pollution. Make no mistake, SPOT is not in the national interest."
The project is expected to include two pipelines that would carry crude oil to the deepwater port each day, enabling the export of 2 million barrels of crude oil, loaded onto two supertankers at once, daily.
"Nothing about this project is in alignment with Biden's climate and environmental justice goals," said Kelsey Crane, senior policy advocate at Earthworks. "The communities that will be impacted by SPOT have once again been ignored and will be forced to live with the threat of more oil spills, explosions, and pollution. The best way to protect the public and the climate from the harms of oil is to keep it in the ground."
Allie Rosenbluth, U.S. manager at Oil Change International, noted that the project has been approved despite the International Energy Agency's clear assessment in 2021 that "all new investments in oil and gas projects must stop if the world is going to reach its climate goals," including limiting planetary heating to 1.5°C.
"The Biden administration's decision to approve the Sea Port Oil Terminal is a grave mistake. This approval will only harm local communities and ecosystems, and lead to even more devastating impacts of the climate crisis," said Rosenbluth. "The U.S. is already the largest producer of oil and gas and has the largest expansion plans globally. Instead of continuing this legacy of harm by approving fossil fuel projects, President Biden should be listening to the science and the masses of his constituents calling for an end to fossil fuels."
The direct action group Climate Defiance expressed doubt that the approval of SPOT will help Biden win over any voters as the 2024 election approaches.
Nine in 10 Democratic voters and Democratic-leaning independents told Pew Research Center last year that they believe the U.S. should prioritize developing renewable energy sources—and two-thirds of Republican voters under age 30 agreed.
"This project would be the single-largest oil export terminal in the U.S." said the group. "We are being boiled alive here, literally burned to death by 'moderate' politicians who see fit to torch us in the name of quarterly profits. How can we live like this? How can this go on?"
Last year was the hottest on record, and the first three months of 2024 have each broken records for high global temperatures. Scientists found last year that climate disasters including wildfires in Canada and extreme heat in Europe were made far more likely by fossil-fueled planetary heating.
Local organizers in Texas condemned the Biden administration's decision to ignore campaigners who have warned of the danger SPOT poses to marine habitats as well as people who live in the area where two crude oil pipelines have now been given final approval to run.
"We continue to struggle to see why Biden and [Transportation Secretary Pete] Buttigieg prefer to protect the corporate profits of billion-dollar oil giants like Enbridge and Enterprise over the hardcore objections of the people who would have to live with the consequences of pipelines criss-crossing our beaches," said Trevor Carroll, Brazoria County lead organizer with Texas Campaign for the Environment. "If you care about environmental justice and the climate, you just can't support a monstrosity like SPOT. The local community and the global climate justice movement are continuing to fight... This is not over."
Melanie Oldham, director of Better Brazoria, said SPOT will be "an oil spill waiting to happen that would not only lower property value, but harm our local ecosystems, ecotourism, beaches, recreation, and kill marine life like the endangered Rice's whale and Kemp's Ridley sea turtles."
"Those of us residents, beachgoers, and voters that have for the past four years opposed the SPOT offshore terminal and pipelines are very disappointed with the approval of the project license," said Oldham. "President Biden has again broken promises to protect frontline communities in Surfside and Freeport."
The administration's approval came three months after the White House announced it was delaying consideration of new gas export terminals, and the same day the federal government said fossil fuel companies will have to pay higher royalties in order to drill on federal lands.
But those climate actions paired with the SPOT approval amount only to "flip flopping," said Climate Defiance.
"It is not enough that the administration stopped new gas exports if they are going to back stab us with this death-sentence decision now," said the group. "This is not us being 'ungrateful.' This is the science. The pure, unvarnished, science."
Keep ReadingShow Less
Most Popular