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		<title>Watchdog groups continue to push for transparency over who received PPP</title>
		<link>https://cincylink.com/2021/10/22/watchdog-groups-continue-to-push-for-transparency-over-who-received-ppp/</link>
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		<pubDate>Fri, 22 Oct 2021 04:48:34 +0000</pubDate>
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		<guid isPermaLink="false">https://cincylink.com/?p=22157</guid>

					<description><![CDATA[More than half a million businesses received the federal funds the Paycheck Protection Program (PPP). The program was created in March to help small business and their employees survive the financial impact of the pandemic. The program lent businesses money at a low-interest rate, with the potential for the loans to be forgiven or turned &#8230;]]></description>
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<p>More than half a million businesses received the federal funds the Paycheck Protection Program (PPP). The program was created in March to help small business and their employees survive the financial impact of the pandemic. The program lent businesses money at a low-interest rate, with the potential for the loans to be forgiven or turned into a grant if the company retained and paid their workers for a given time.</p>
<p>Watchdog groups, like U.S. PIRG, were among many groups and elected leaders that called for transparency with PPP. After initially resisting, in May, the U.S. Department of Treasury and the Small Business Administration announced they would release the names of all businesses that received a PPP loan in the amount of $150,000 or more.</p>
<p>Earlier this month, that list was released. What has come to light is that millionaire, billionaires, and even some celebrities received the federal aid intended to help struggling small businesses. For example, rapper and fashion designer Kanye West, with an estimated net worth of $1.3 billion, received a PPP loan for his company Yeezy.</p>
<p>“From the very outset, the public, watchdogs, and elected officials had a very good reason to want data to see where this money was going,” said R.J. Cross with U.S. PIRG. “As we just learned, we had good reason to be questioning is this program going to do what it was intended to do?”</p>
<p>Cross is calling for the federal government to take steps to find out how much money went to small businesses and how much went to larger companies that may have had access to other sources of cash to get them through the financial hardship.</p>
<p>“A big improvement on the program would be true audits on all of the loan amounts,” said Cross. “That, say, if we find that you could’ve probably gotten money somewhere else we are going to take those taxpayers dollars back.”</p>
<p>Currently, only loans over $2 million will be audited, but most of the loans taken out, including some by millionaires and billionaires, were just below that threshold.</p>
<p>“We don’t have any proof to say that they picked that amount strategically, but it certainly raises questions,” Cross added.</p>
<p>Watchdog groups say the only way to answer those questions for the American people is continued transparency and expanded audits.</p>
<p>“Fraud and corruption are a real concern anytime the government is spending and giving money to companies, and especially, the pace in which it is happening right now,” Cross said. “There is reason to keep a very close eye on what is happening next. The biggest bailout in U.S. history deserves the most transparency in U.S. history.”</p>
<p>The SBA and treasury department have not given an indication that they will expand audits. Even if they did, it would take months, and potentially years, to get the results of those audits, followed by a potential hurdle to make the results public.</p>
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		<title>Former Facebook exec calls for increased transparency as vaccine misinformation spreads on platform</title>
		<link>https://cincylink.com/2021/07/20/former-facebook-exec-calls-for-increased-transparency-as-vaccine-misinformation-spreads-on-platform/</link>
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		<pubDate>Tue, 20 Jul 2021 04:29:10 +0000</pubDate>
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					<description><![CDATA[Moving this information, What's your message to platforms like facebook? They're killing people? I mean, it really look, the only pandemics we have is among the unvaccinated and that they're killing people. As COVID-19 vaccine-related misinformation continues to spread on Facebook, one of the platform's former executives is calling for the company to focus on &#8230;]]></description>
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<p>
											Moving this information, What's your message to platforms like facebook? They're killing people? I mean, it really look, the only pandemics we have is among the unvaccinated and that they're killing people.
									</p>
<div>
<p>
					As COVID-19 vaccine-related misinformation continues to spread on Facebook, one of the platform's former executives is calling for the company to focus on transparency.President Joe Biden recently said platforms like Facebook are "killing people" with vaccine misinformation. And Brian Boland, the former vice president of partnership strategy at Facebook, said the company "absolutely" has data on where and how the troublesome content is spreading, but hasn't shown "a focus or a desire to be more transparent.""The willingness seems to be more about let's avoid the story or let's control the narrative, rather than do the hard thing," Boland told CNN on Sunday. After more than 11 years working at Facebook, "It's one of the main reasons that I quit," he said.The White House is focusing on turning up the heat on the so-called COVID "disinformation dozen" who are using social media to spread false or misleading claims about the vaccines."There's about 12 people who are producing 65% of anti-vaccine misinformation on social media platforms," White House Press Secretary Jen Psaki said Thursday. That statistic comes from the nonprofit Center for Countering Digital Hate (CCDH) which identified in a report published in March about a dozen users it said were super-spreaders of anti-vaccine misinformation. A Facebook spokesperson told CNN Friday the company had shut down some pages and groups belonging to the dozen or so people identified by the CCDH, but it would not specify which pages had been removed.
				</p>
<div class="article-content--body-text">
<p>As COVID-19 vaccine-related misinformation continues to spread on Facebook, one of the platform's former executives is calling for the company to focus on transparency.</p>
<p>President Joe Biden recently said <a href="https://www.cnn.com/2021/07/16/politics/biden-facebook-covid-19/index.html" target="_blank" rel="nofollow noopener">platforms like Facebook</a> are "killing people" with vaccine misinformation. And Brian Boland, the former vice president of partnership strategy at Facebook, said the company "absolutely" has data on where and how the troublesome content is spreading, but hasn't shown "a focus or a desire to be more transparent."</p>
<p>"The willingness seems to be more about let's avoid the story or let's control the narrative, rather than do the hard thing," Boland told CNN on Sunday. After more than 11 years working at Facebook, "It's one of the main reasons that I quit," he said.</p>
<p>The White House is focusing on <a href="https://www.cnn.com/2021/07/16/tech/misinformation-covid-facebook-twitter-white-house/index.html" target="_blank" rel="nofollow noopener">turning up the heat </a>on the so-called COVID "disinformation dozen" who are using social media to spread false or misleading claims about the vaccines.</p>
<p>"There's about 12 people who are producing 65% of anti-vaccine misinformation on social media platforms," White House Press Secretary Jen Psaki said Thursday. That statistic comes from the nonprofit Center for Countering Digital Hate (CCDH) which identified in a report published in March about a dozen users it said were super-spreaders of anti-vaccine misinformation. </p>
<p>A Facebook spokesperson told CNN Friday the company had shut down some pages and groups belonging to the dozen or so people identified by the CCDH, but it would not specify which pages had been removed.</p>
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