Forgivable Loan

A forgivable loan is essentially a “grant” with conditions rather than a loan. I personally would call it a non-repayable loan. 

Kamala Harris has proposed a $20,000 forgivable business loan to black entrepreneurs. Then I start to think. 

Suppose a black guy starts to sell lemonade on the street corner for 50 cents a cup and is he entitled to this forgivable loan? 

How black is black to give this forgivable loan? 100% black, 50% black, or 2% black because one has 2% black in his DNA? 

The total population of blacks in USA is 15%. The balance of 85% are Whites, Hispanic, Asian, and others. Where is she getting this money to pay forgivable loans to blacks? From the 85% non-black people?

At least, she could have offered this to all poor people who wants to start a business,

Assuming Kamala Harris wins this election, can she really give such forgivable loans to blacks? There will be hundreds of law suits that would end up in the Supreme Court. Remember, of the 9 Supreme Court judges, 6 of them are conservatives. In other words, Trump supporters. 

I think Kamala is offering these incentives to buy the black votes fully knowing that this cannot be implemented.

60 Minutes, a CBS Show

I do not belong to any party. I am like a commentator. I write what I see. 

I have been writing that all the networks (except Fox News), CNN, MSNBC, ABC, NBC, CBS and famous news papers like New York Times do not like Trump. Therefore, they start to support Kamala Harris. It is OK if they support Kamala but they go out of they way to fabricate their reporting. It is their job to report the news as it happens but they openly favoring Kamala, not because they like Kamala, but because they hate Trump. 

In previous debates, all the moderators were siding with Kamala and bullying Trump. And here is the latest and they were caught red handed. 60 Minutes, a program produced by CBS Network, published an interview with Kamala Harris. They sent a few video clips of their promotion on Sunday. But when they broadcast the interview to the public on Monday, an answer to a question by Kamala was replaced. 

The question was: It seems like Prime Minister Netanyahu is not listening to USA. 

Kamala struggled to answer the question on Sunday's promotional video.   It was a completely different answer to the same question on Monday broadcast.  They changed the answer she gave to a different question as an answer to this question.

Shame on you CBS.

Obama said in a speech today in Pittsburg, in support of Kamala Harris, Americans are hurting and they want change.  Did he forget who is in charge now?  It is Biden and Kamala.

Vice Presidential Debate

Yesterday, October 1, debate was between Democratic VP Candidate Minnesota Governor Tim Walz and Republican VP Candidate Ohio Senator JD Vance. 

After a long time I saw a decent and civil debate. Both candidates shook hands at the start. At the conclusion, both candidates’ wives came on the stage to be with their husbands and shook hands. (Vance’s wife Usha is of Indian origin.) Even during the debate, both candidates agreed with each other on some points. 

Here is my personal report card. 

JD Vance A 

Tim Walz B minus 

Mr. Vance was strong on immigration and economy. Mr. Walz was strong on abortion. 

Mr. Vance goofed when asked if he was in Mike Pense’s place will he refuse to certify the 2020 election results. He had problem answering that question and finally gave a slick answer that he will obey the President. 

Mr. Walz finally said he lied when he said he was in Hong Kong when the Tiananmen Square protest was taking place. 

This debate reminded me of Kennedy-Nixon debate. Vance (like Kennedy) was at ease and Walz (like Nixon) was nervous. During the debate Vance was looking at Walz when Walz was speaking. But when Vance was speaking Walz was taking notes seriously. 

As with every other network (except Fox News), the moderators were siding with Democrat Walz and the 3 ganged up on Vance. The moderators fact checked Vance several times and when he tried to reply, they cut off his mike. 

Vance again and again pointed out what Trump failed to do during his debate with Kamala. Kamala was telling she will do this and do that on the very first day in the office. During yesterday’s debate, Vance mentioned several times “you are in power for the past 3.5 years and why you did not do these. If you want to you can do them today and not wait for you to win”. 

The moderators deliberately did not ask Walz why as Governor of Minnesota, he ordered tampons be placed in the boys’ bathroom. (Republicans making fun of him by calling him Tampon Tim.)