Tiberius Posted March 16, 2020 Posted March 16, 2020 (edited) U.S. airlines seek more than $50 billion from the government to deal with coronavirus fallout A lobbying group representing the airline industry is asking the government to provide it with an unprecedented amount of aid to deal with the crisis. Every major airline has had to cut flights and lay off employees.This is a developing story. It will be updated. https://www.washingtonpost.com/news/business/wp/2020/03/16/u-s-airlines-seek-more-than-50-billion-from-the-government-to-deal-with-coronavirus-fallout/ Edited March 26, 2020 by Tiberius
Unforgiven Posted March 16, 2020 Posted March 16, 2020 1 minute ago, Tiberius said: U.S. airlines seek more than $50 billion from the government to deal with coronavirus fallout A lobbying group representing the airline industry is asking the government to provide it with an unprecedented amount of aid to deal with the crisis. Every major airline has had to cut flights and lay off employees.This is a developing story. It will be updated. https://www.washingtonpost.com/news/business/wp/2020/03/16/u-s-airlines-seek-more-than-50-billion-from-the-government-to-deal-with-coronavirus-fallout/ You sure sound like someone having the time of her life?
Tiberius Posted March 16, 2020 Author Posted March 16, 2020 2 minutes ago, Unforgiven said: You sure sound like someone having the time of her life? I'm down some $55k just today in the market. Fun wow
RochesterRob Posted March 16, 2020 Posted March 16, 2020 While this is a legitimate topic and one that I pondered starting although on a more general basis I don't think the OP should be the one to do it as it will be deleted if he does not like the direction that it is going. Just now, Tiberius said: I'm down some $55k just today in the market. Fun wow Soros pays that good? 1
Tiberius Posted March 16, 2020 Author Posted March 16, 2020 2 minutes ago, RochesterRob said: While this is a legitimate topic and one that I pondered starting although on a more general basis I don't think the OP should be the one to do it as it will be deleted if he does not like the direction that it is going. Soros pays that good? Go ahead and start a "Trump's Bailouts" thread, lol.
RochesterRob Posted March 16, 2020 Posted March 16, 2020 2 minutes ago, Tiberius said: Go ahead and start a "Trump's Bailouts" thread, lol. I have not settled on a premise yet and if somebody else has an idea then I would just go with the flow.
SoCal Deek Posted March 16, 2020 Posted March 16, 2020 Under Bernie Biden get the money as soon as they agree to solar powered planes! ?
Wacka Posted March 16, 2020 Posted March 16, 2020 (edited) Because Tibs is an asshat and thats the only way I can yell on the internet. Edited March 16, 2020 by Wacka 1 1
Tiberius Posted March 16, 2020 Author Posted March 16, 2020 24 minutes ago, \GoBillsInDallas/ said: Why are we using such large fonts? It’s from the story I cut and pasted. That’s all. 1 minute ago, Wacka said: Because Tibs is an asshat. ?
DC Tom Posted March 16, 2020 Posted March 16, 2020 38 minutes ago, \GoBillsInDallas/ said: Why are we using such large fonts? We're social distancing, so we have to shout!!!! 1 5
\GoBillsInDallas/ Posted March 16, 2020 Posted March 16, 2020 50 minutes ago, DC Tom said: We're social distancing, so we have to shout!!!! Vous êtes grosse, vous êtes laide et votre mère vous habille étrangement.
OldTimeAFLGuy Posted March 16, 2020 Posted March 16, 2020 3 hours ago, Tiberius said: I'm down some $55k just today in the market. Fun wow ...heavily invested in fertilizer no doubt........
Foxx Posted March 16, 2020 Posted March 16, 2020 3 hours ago, Tiberius said: I'm down some $55k just today in the market. Fun wow is this the point where we all laugh? 4
3rdnlng Posted March 16, 2020 Posted March 16, 2020 Tiberius, during these tough times you may have to advertise a bit more:
Tiberius Posted March 17, 2020 Author Posted March 17, 2020 Trump administration seeks roughly $850 billion in emergency stimulus to confront coronavirus economic fallout Treasury Secretary Steven Mnuchin to present details to Senate Republicans on Tuesday https://www.washingtonpost.com/us-policy/2020/03/17/trump-coronavirus-stimulus-package/
Foxx Posted March 17, 2020 Posted March 17, 2020 (edited) https://twitter.com/jessefelder/status/1239626865477857290 might just be me, but shouldn't they have to sell those shares to remain solvent? Edited March 21, 2020 by Foxx 3
RochesterRob Posted March 17, 2020 Posted March 17, 2020 5 minutes ago, Foxx said: https://twitter.com/jessefelder/status/1239626865477857290 might just be me, but should they have to sell those shares to remain solvent? That industry has had problems since I was old enough to remember which is a long time. But yes they should sell some shares but perhaps the fear is given their history that the shares will not be worth much especially at present. 1 hour ago, Tiberius said: Trump administration seeks roughly $850 billion in emergency stimulus to confront coronavirus economic fallout Treasury Secretary Steven Mnuchin to present details to Senate Republicans on Tuesday https://www.washingtonpost.com/us-policy/2020/03/17/trump-coronavirus-stimulus-package/ Who knows if that is enough or not. It would keep US households solvent short term (month) but at this point we do not know what the long term damage is with businesses among other factors. When the stock market hit the wall in October of 1929 it took over 2 1/2 years for the DJIA to bottom out where it lost over 90 percent of its pre-crash value. I suspect it will take years to know the true extent of the damage as the economy is much more complicated than it was in 1929. 2
Wacka Posted March 17, 2020 Posted March 17, 2020 Tibs, learn how to use the controls above every post you make. Or are you too lazy to do that? Or do you think that people will think that if it is bigger it's more important?
RochesterRob Posted March 17, 2020 Posted March 17, 2020 1 hour ago, Tiberius said: Trump administration seeks roughly $850 billion in emergency stimulus to confront coronavirus economic fallout Treasury Secretary Steven Mnuchin to present details to Senate Republicans on Tuesday https://www.washingtonpost.com/us-policy/2020/03/17/trump-coronavirus-stimulus-package/ Works out to approximately 2,647 dollars per person assuming the US population is 321M as estimates suggest. Of course the division is not that simple as not every person will get 2,647 dollars. Much yet to be seen on this.
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