Friday, September 09, 2005

Where's MY 9/11 Loan?

It sounds like everyone's been getting a piece of those 9/11 loans the government doled out except me.

After 9/11 about $5 billion dollars was handed out to banks to help businesses struggling due to post-9/11 issues, and they gave the banks lots of latitude to decide where the money would go. It went to a lot of crazy places.

Check it out: KBFS-AM "Hit Kickin' Country" in Belle Fourche, South Dakota needed $135,000 because of lost advertisers due to 9/11, Little Dogs Resort & Salon in Salt Lake City needed a $50,000 loan because people stopped taking vacations with their dogs, plus more than 100 Dunkin' Donuts, Subway and Quiznos franchises across the country got the 9/11 loans.

Now the country music I can understand -- country music sucks, and 9/11 didn't make it any better. The little dogs, absolutely. Everyone knows dog grooming suffers after terrorist attacks, especially 1000 miles away from the attacks themselves.

But the donuts? No one is going to convince me that a single Dunkin Donuts franchise suffered from 9/11 -- in fact I would suggest they profited mightily as eating is a favorite activity in times of great stress, and Dunkin' Donuts has awesome crullers. I don't want to call it blood money, but there is no doubt that Dunkin' Donuts was one of the winners in post-9/11 America. It's a travesty that our government was throwing our money at their bottom line.

@ Eschew Obfuscation, more examples of those making out on 9/11 funds while those in NYC stared at their blacked storefronts.