Pot, meet kettle. Margaret Good is deaf when she criticizes other companies for taking out PPP loans
Marguerite Good predictably attack Vern Buchanan for the fact that the companies he is related to have requested and received money through the Paycheck Protection Program.
May God forbid anyone working in a Buchanan car dealership to keep their job through a federal program.
But now it turns out that Good’s household has also directly benefited from the program. Bon and her husband, Richard, work for companies that have received large payments from the coronavirus bailout.
We already knew that Good was among several Southwest Florida lawmakers who work in law firms that have applied for and obtained large loans through PPP. She is a lawyer with Matthews Eastmore, a Sarasota-based company that made between $ 150,000 and $ 300,000.
So what is the problem? The program was created by Congress to help businesses survive the coronavirus without having to lay off staff, right? What if the livelihoods of Good and her husband were saved by the program?
That’s what we’d like to know, but Margaret Good seems to be the one who has a problem with the companies that have the loosest connection to elected officials benefiting from this financial lifeline.
“My adversary @VernBuchanan took up to $ 7 million in P3s as small businesses in our district still can’t get loans and people can’t get unemployment benefits, ”Good said tweeted just this week. “We need to end such corruption and elect leaders who put Floridians first. “
Set aside for a second that the jobless claims crisis is a state government issue and that Good is the state legislator right now (or not!). What she is basically saying is that companies with a connection to Vern Buchanan should not have access to PPP.
Why is she talking about it? Sarasota Ford, an auto dealership Buchanan hasn’t managed directly for 14 years, received a loan worth between $ 2 million and $ 5 million. Buchanan’s son, Mast, remains the owner and managing partner. Good’s $ 7 million tweet adds loans to all the dealerships where Buchanan still has business ties, including this one located in his Congress district.
It’s no surprise that a company run by Buchanan’s son received a loan pulled a a lot of attention. But as several politicians have pointed out, not all eligible companies applying for a PPP have received money, so fears of cutting the line due to connections do not apply.
So, is Good really suggesting that any business taking advantage of this program represents some kind of “corruption?” We’re sure Good’s bosses at Matthews Eastmoore will be delighted with this statement, as will the management of Southern Air Systems.
Or maybe Good’s whole family should feel grateful that this program, which Buchanan voted for in Congress, exists because it ensures that these companies don’t have to make tough decisions about who served critical staff and which represented a political responsibility.