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submitted 6 days ago* (last edited 6 days ago) by miss_demeanour@lemmy.dbzer0.com to c/enoughmuskspam@lemmy.world
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[-] recall519@lemm.ee 41 points 5 days ago

Warning everyone that I could not find a source for this and this Twitter post isn't any evidence in itself. So if you're saying I told you so, then you're just as susceptible as the people who believe $300m was being sent to 11yos without any explanation.

[-] HellsBelle@sh.itjust.works 43 points 5 days ago

I found two sources for this info.

https://en.as.com/latest_news/bad-news-for-social-security-beneficiaries-this-new-proposal-would-stop-payments-to-170000-people-n/ says:

Who could see their Social Security benefits stopped?

Government Executive reports that the SSA memo proposes ceasing payments that are made to people without Social Security numbers. While people without an SSN are not eligible to receive Social Security benefits of their own, there are scenarios where they can accept benefits on behalf of an eligible person who does have an SSN as that person’s “representative payee.”

A link in that text goes to https://www.govexec.com/management/2025/03/ssa-weighs-axing-payments-170000-beneficiaries/403740/ and it gives an example:

That task could be arduous, as finding payees is already so difficult that at times the agency turns to institutional payees like child welfare agencies, said Romig. SSA staff also have to assess the suitability of payees.

“Say you’re a kid and you don’t have a payee for a while — they stop paying the benefit until they sort it out,” she said of the potential for interruptions to benefits.

It may be that the OP read that and extrapolated it to mean orphans would be cut off ... which may or may not be true.

[-] recall519@lemm.ee 6 points 5 days ago

Those are for SSA, not SBA. They don't explain why SBA would be brokering business loans with 11yos. There is likely a valid explanation here, but the media doesn't need to get up in arms until more details are available.

[-] lefaucet@slrpnk.net 8 points 4 days ago

DOGE looks to be what's getting all up in arms here. If there's suspicion of corruption, investigate, Don't just cut it all off! This isn't a car factory, it's food and shelter, aka the economy!

Of course I think he knows this and is actually trying to bring about a recession so he can seize whatever power he can

[-] recall519@lemm.ee 2 points 4 days ago

I agree, but the Twitter post isn't DOGE and is potentially incorrect. You don't battle disinformation with more disinformation.

[-] uuldika@lemmy.ml 3 points 5 days ago

I don't see anything about SBA in the articles above.

[-] Madison420@lemmy.world 1 points 4 days ago* (last edited 4 days ago)

There's nothing unlawful or untwart about an 11yr old getting a business loan if they have a business, that's just a motivated kid. If not investigate and then shut it down if it's fraud, don't just read the title and cut it based off that.

[-] recall519@lemm.ee 2 points 4 days ago

You clearly don't know the basics of how an SBA loan works so I'm not sure why you are even making statements as if you're an expert.

Also, I'm not giving an opinion on the legality of the situation. I'm stating the Twitter post is based on no provided evidence so everyone in this thread defending against another ridiculous statement with more ridiculous statements shows that both sides are equally willfully ignorant and susceptible to propaganda.

I'm on the side that thinks it's likely a record keeping error because the names do not match the SSNs. Also, banks are the actual lenders behind SBAs and it's highly unlikely that in one specific year, banks decided to loan out over $300m to over thousands of businesses with credit checks that did not match the name returned on an SSN with the name of the person being lent too.

[-] Madison420@lemmy.world 1 points 4 days ago

That's not a counterargument that's a bad attempt to strawman. Similarly there are zero age restrictions on an SBA loan, none zero.

There's no need to defend against either, they're both legal.

Probably, that doesn't change the fact that it wouldn't be illegal even if the ages are correct.

[-] korazail@lemmy.myserv.one 1 points 4 days ago

You think children are getting undeserved money from the government.

I think children are getting money from the government.

We are not the same.

Regardless of evidence provenance, children need to be our most sacred class of people, followed by the elderly and disabled. It shouldn't even be a question about how and why we take care of them, we just fucking should.

Misinformation is real, so I see part of your point, but the people outraged at this are WILDLY different from the people outraged that kids might be getting money they don't "deserve". Can we not just be nice to each other? This isn't actually a zero-sum game.

[-] recall519@lemm.ee 1 points 4 days ago

No, I actually think SBA lenders are not sending any money to 11yos. I think this is most likely a record keeping error.

I do also think the Twitter post is confusing SSA and SBA. The SSA sending social security I am 100% for. SBA lenders sending money to business I am also 100%, even if they are 11yos. I just think it is highly unlikely that in a single year, banks decided to loan an unprecedented $300m to 11yos and that those thousands of loans all had mismatching names with their SSNs.

I'm just saying everyone shouldn't go rallying behind this person who is making claims without any evidence. It's just as dumb as DOGE.

this post was submitted on 24 Mar 2025
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