I don’t understand the association he’s making between Social Security and the Small Business Administration. At first glance I don’t see any indication the SBA does anything with children outside of funding childcare centers?
It sounds like they check your credit for a small business loan, so they would presumably take your SSN and I guess check it against the database?
But then they check your credit anyway. It’s not like the Social Security database is the safeguard for an unsafe loan. We have identity leaks credit agencies for that. If he had proof of children or ‘immortals’ actually getting these loans in any numbers he would show it. Why can’t a 17 year old run a company anyway? If 20 year olds can dismantle the government…
If an elderly small business owner dies, and the company is still held by his estate… wouldn’t his loan still be attached to his SSN?
And if an underage orphan receives ownership of a small business through estate, would their SSN be attached to these loans, even if the company was operated by a third party regency?
My experience with estates would be you’d need to file for an EIN for the estate and the loan would be a liability against the estate. So to close the estate out you’d need to clear out any liabilities and remaining capital or property given to beneficiaries. You might have heard of cases where people have to sell family homes to clear debt against the estate .
But with Musk is hard to even try to follow a train of thought. And his level of misunderstanding of how anything in the government works is pretty mind-blowingly wrong.
Is there a source for this, I’m genuinely interested in reading more about this but can’t find a source.
It’s a screenshot of a tweet, I don’t know what further proof you could want. Did you not see the blue checkmark? /s
I can’t find much except for a weird indiatoday article and the original Xhit: https://nitter.space/elonmusk/status/1904030373899616736#m
I don’t understand the association he’s making between Social Security and the Small Business Administration. At first glance I don’t see any indication the SBA does anything with children outside of funding childcare centers?
It sounds like they check your credit for a small business loan, so they would presumably take your SSN and I guess check it against the database?
But then they check your credit anyway. It’s not like the Social Security database is the safeguard for an unsafe loan. We have
identity leakscredit agencies for that. If he had proof of children or ‘immortals’ actually getting these loans in any numbers he would show it. Why can’t a 17 year old run a company anyway? If 20 year olds can dismantle the government…If an elderly small business owner dies, and the company is still held by his estate… wouldn’t his loan still be attached to his SSN?
And if an underage orphan receives ownership of a small business through estate, would their SSN be attached to these loans, even if the company was operated by a third party regency?
Dudes just mashing buttons on a calculator like a toddler. He’s not checking math.
My experience with estates would be you’d need to file for an EIN for the estate and the loan would be a liability against the estate. So to close the estate out you’d need to clear out any liabilities and remaining capital or property given to beneficiaries. You might have heard of cases where people have to sell family homes to clear debt against the estate .
But with Musk is hard to even try to follow a train of thought. And his level of misunderstanding of how anything in the government works is pretty mind-blowingly wrong.