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From 'maddening' to a 'lifeline': Peninsula restaurant owners pin hopes on federal relief fund with uneven success

Original post made on Apr 25, 2020

Some local restaurant owners have received Paycheck Protection Program loans, enabled in part by applying through small, local banks. But are the federal funds the saving grace restaurants are hoping for?

Read the full story here Web Link posted Friday, April 24, 2020, 4:09 PM

Comments (6)

17 people like this
Posted by how long?
a resident of College Terrace
on Apr 25, 2020 at 9:29 am

Sad to hear these stories. I really feel sorry for small businesses and restaurants in California and especially the Bay Area given the high cost of living, over regulation, generally anti-business politicians and mandated high minimum wage requirements. Many will throw in the towel in spite of potential government aid. Pretty soon our "restaurant" choices will be McDonalds. In-n-Out and Taco Bell.

Meanwhile 26 million Americans out of work in the last 5 weeks. 1/2 of Covid-19 deaths in the US are in NY/NJ/Conn area. Leaving 25 to 30 ,000 in the massive rest of the country.

Our politicians keep moving the goal posts. We were told to flatten the curve , 6 weeks ago, now it's testing and tracing. And even then, on my gosh the second wave!! Can't let that happen. Soon it will be that's too risky, need vaccine.

Governor Newson's strategy, is to form an 80 person council to figure out how to reopen economy. Gee I wonder how long that will take......The longer we go without loosing some of these restrictions we will have not a recession, but a depression. Perhaps it's already too late.

8 people like this
Posted by Scarlet Letter
a resident of Adobe-Meadow
on Apr 25, 2020 at 5:33 pm

Agreed to the above post. “In Santa Clara County the true infection fatality rate is somewhere in the range of 0.12% to 0.2%—far closer to seasonal influenza than to the original, case-based estimates.”
Wall Street Journal

And Gov. Newsom and Sara Cody, cause billions in wealth destruction. Who caused greater death? Death of business and work is a far greater evil when compared with what the tiny percentage of death rates in people who already had compromised immune systems. The rate is close to regular flu.

[Portion removed.] The wealth of a nation is the productive capacity of its people, but our so-called leaders have made it illegal to work, making it a misdemeanor to produce, making it a duty to destroy wealth by the barrel of a gun and threat of incarceration. [Portion removed.]

12 people like this
Posted by chris
a resident of University South
on Apr 26, 2020 at 12:11 am

Scarlet Letter,

80% of Americans support the current shelter-in-place. They are not going to be comfortable sitting in a restaurant until it is proven to be safe.

You are putting greed ahead of life. Almost 60,000 Americans have died from COVID-19 in a short time. Trying to pass this off as a relatively harmless flu has no scientific basis.

7 people like this
Posted by E Pluribus Unum
a resident of Another Palo Alto neighborhood
on Apr 26, 2020 at 9:30 am

You need to do a better job arguing with @Scarlett Letter’s rhetoric. Not because you will convince Letter but because Letter’s Post gives you insight into how the messaging is shaping up on the right. Don’t just shake your head and say they’re not being scientific. Provide a more compelling reply with specific rebuttals..

If people in the left hadn’t just humored the right when the bankrupt economic theory of the Reagan years was pushed forward (as Reagan’s own budget director admitted was a Trojan horse for cutting top tax rates), the nation would be on a much sounder economic footing today. We lost decades of public investments and a more equitable dynamic economic foundation.

So, @chris, the first thing you do when someone on the right quotes you something is check whether it’s true and how the point they made might have been manipulated. I’m not going to do this for you, but you can check the quote and see if the source was an editorial in the WSJ that was making a different point, expressing an unsupported view, or even expressing the opposite view with additional information. For example, death rates in the absence of other facts like overwhelmed hospitals having higher death rates.

The other thing to look for is the sliver of truth that is being used as a bully bludgeon to blame a political opponent (the party of alleged personal responsibility is the party of blame blame blame) instead of an opening for reason. There are parts of the country that are less impacted. If we only had better management and coordination from Washington, with testing availability and information from the top we could trust (there are consequences to having a liar in chief), eg look at what a mess the PPP was. If we reopen right,this could be over. If we do it the wrong way, this was nothing compared to what’s coming down the pike.

We have petulant self aggrandizing untrustworthy leadership inDC that has steadily dismantled effective governance, by a leader who bankrupted six times with a $450 million running start. The public on the right treats “business” experience like some kind of golden calf to worship indiscriminately as Letter’s post evidences. So what if people die? They argue. My money is more important. On the left, you’ve let them argue that for decades and get away with it.

Look up the end of the verse in the Bible that says “For the love of money is the root of all evil...”

And read the section that includes “For whatever you do for the least among us...”. and identify the source. Maybe @letter is an atheist. That’s not the real person you and everyone who is repulsed by @letter’s twisted mercenary post need to do a better job responding to.

6 people like this
Posted by Curious...
a resident of Adobe-Meadow
on Apr 26, 2020 at 9:57 am

Why is Georgia opening such 'non-essential' businesses like tattoo parlors and nail salons?

Is this a reflection of a mentality/populace that defies a certain brand of logic?

1 person likes this
Posted by Banks
a resident of Charleston Gardens
on Apr 27, 2020 at 8:19 am

Weekly, can we get more detail on how.the large banks reacted? Bank of America? Certainly sounds like Wells Fargo.may have done a lot of damage (I currently Bank there ). First Republic did great. What about other Banks? Sounds like this could be the real story - not peninsula living wages of $15 an hour.

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