TH3 Posted March 23, 2020 Posted March 23, 2020 25 minutes ago, jrober38 said: If you think they'll be sending small businesses a cheque I dunno what to tell you. The odds of that happening, and all the money not going to massive corporations seems slim to none. A $500B fund managed by a pillar of integrity like Steve Mnuchin.....what could go wrong? 1
SoCal Deek Posted March 23, 2020 Posted March 23, 2020 49 minutes ago, jrober38 said: If you think they'll be sending small businesses a cheque I dunno what to tell you. The odds of that happening, and all the money not going to massive corporations seems slim to none. I don’t recall mentioning small businesses? But yes some large and small businesses alike will actually see increased sales during this time. Doesn’t make sense to send everyone a check. It’ll have to be accomplished more like you do your taxes, on a case by case basis.
Rob's House Posted March 23, 2020 Posted March 23, 2020 1 hour ago, jrober38 said: Both sides are guilty of playing politics. The Dems are pushing through overly socialist policies, and the Republicans aren't backing down from corporate bailouts (they won't give up giving Mnuchin a $500 billion fund to bailout businesses and not having to disclose who was bailed out until 6 months from now). The deal both sides are angling for is horrible. What rational basis is there for denying aid to the corporate sector? Are they not unwilling victims of this situation just like the rest of us? Are they not essential to the functioning of the economy? Do tens of millions of Americans not rely on corporations for jobs? I'm not going to pretend Republicans are as pure as the wind driven snow, but this is a glaringly false equivalence. The behavior of the Dems is the worst kind of opportunism I've ever seen. It's utterly indefensible. 4 4
jrober38 Posted March 23, 2020 Posted March 23, 2020 39 minutes ago, TH3 said: A $500B fund managed by a pillar of integrity like Steve Mnuchin.....what could go wrong? Probably everything. If you think he won't be bailing out Trump's hotels and golf courses you're kidding yourself. 3 minutes ago, Rob's House said: What rational basis is there for denying aid to the corporate sector? Are they not unwilling victims of this situation just like the rest of us? Are they not essential to the functioning of the economy? Do tens of millions of Americans not rely on corporations for jobs? I'm not going to pretend Republicans are as pure as the wind driven snow, but this is a glaringly false equivalence. The behavior of the Dems is the worst kind of opportunism I've ever seen. It's utterly indefensible. 36.2% of American workers work for large companies with more than 2,500 employees. Do you really think it makes sense to focus on large scale corporations when almost two thirds of the country is employed elsewhere? If you want things to be fair, just cut everyone a check and see where the chips fall. In 2008 they bailed out Corporate America. This time around I hope they actually help in a meaningful way by bailing out all workers. 1
Foxx Posted March 23, 2020 Posted March 23, 2020 2 minutes ago, jrober38 said: Probably everything. If you think he won't be bailing out Trump's hotels and golf courses you're kidding yourself. lol. oh, they should be exempt? all other businesses are eligible, but not Trump's?? get da fuque outta 'ere....
jrober38 Posted March 23, 2020 Posted March 23, 2020 (edited) 20 minutes ago, SoCal Deek said: I don’t recall mentioning small businesses? But yes some large and small businesses alike will actually see increased sales during this time. Doesn’t make sense to send everyone a check. It’ll have to be accomplished more like you do your taxes, on a case by case basis. You cut everyone a check and then tax it back. The people who don't lose their jobs or see their salary increase will pay it back in taxes next year. The people who lose their jobs and make no money this year will pay less or no taxes. Problem solved. Edited March 23, 2020 by jrober38
SoCal Deek Posted March 23, 2020 Posted March 23, 2020 1 minute ago, jrober38 said: You cut everyone a check and then tax it back. The people who don't lose their jobs or see their salary increase will pay it back in taxes next year. The people who lose their jobs and make no money this year will pay less or no taxes. Problem solved. It’s not that simple. Sure, cut people a small check to get them through the next few weeks....but what happens when they’re ready to go back to work and the company CLOSED? 1
jrober38 Posted March 23, 2020 Posted March 23, 2020 Just now, SoCal Deek said: It’s not that simple. Sure, cut people a small check to get them through the next few weeks....but what happens when they’re ready to go back to work and the company CLOSED? Then you keep sending them money. Layoffs are going to be massive over the coming weeks. You either cut people checks or you crash the economy. Jobless claims this week are going to be in the millions.
TPS Posted March 23, 2020 Posted March 23, 2020 1 hour ago, SoCal Deek said: Again, I think you’re over simplifying the business side. It’s WAY HARDER than just sending people cash. I’m actually glad they won’t know where the money is slated to go. As a business owner myself, it’s simply impossible for anyone to know how each came into this government mandated mess, or how/if they’ll come out. I’d be pissed if they handed every business a check. Some have not suffered, and some have actually had a field day! Yes, I’m sure they won’t funnel any into trump’s business either. And I agree, no one needs to know. Why should they know where public money goes? Stupid Dems.
TH3 Posted March 23, 2020 Posted March 23, 2020 20 minutes ago, jrober38 said: Probably everything. If you think he won't be bailing out Trump's hotels and golf courses you're kidding yourself. 36.2% of American workers work for large companies with more than 2,500 employees. Do you really think it makes sense to focus on large scale corporations when almost two thirds of the country is employed elsewhere? If you want things to be fair, just cut everyone a check and see where the chips fall. In 2008 they bailed out Corporate America. This time around I hope they actually help in a meaningful way by bailing out all workers. The good thing is the GOP can keep it secret for 6 months....prolly should have made it 9 If they were smart 1
jrober38 Posted March 24, 2020 Posted March 24, 2020 11 minutes ago, TH3 said: The good thing is the GOP can keep it secret for 6 months....prolly should have made it 9 If they were smart Naw. Bailouts will come in early May. 6 months later the Federal Election, then they'll tell everyone that they bailed out Trump's hotels and golf courses and there's nothing anyone can do because he can't run for a third term. They know exactly what they're doing.
3rdnlng Posted March 24, 2020 Author Posted March 24, 2020 17 minutes ago, TPS said: Yes, I’m sure they won’t funnel any into trump’s business either. And I agree, no one needs to know. Why should they know where public money goes? Stupid Dems. The provision to not release the names of the entities is for a very practical lesson learned from the bailout in 2008/2009. There's a certain smell, whether right or wrong that goes with the companies taking help from the government. It can have an adverse affect on stock prices which is the opposite of what those companies need. Those names will eventually be exposed and the books opened up so all can see. The issues are all ones that Leader Nancy brought back with her yesterday and instructed Schumer how to handle things. We've heard the statement of James Clyburne regarding taking this opportunity to move the democrat agenda forward. The list that the democrats are trying to get into the deal is long and full of items that have no connection to solving this crisis and getting our economy back on track. The dems always try to do this and they need to pay the price for deliberately hurting the American public. 3
TPS Posted March 24, 2020 Posted March 24, 2020 1 minute ago, 3rdnlng said: The provision to not release the names of the entities is for a very practical lesson learned from the bailout in 2008/2009. There's a certain smell, whether right or wrong that goes with the companies taking help from the government. It can have an adverse affect on stock prices which is the opposite of what those companies need. Those names will eventually be exposed and the books opened up so all can see. The issues are all ones that Leader Nancy brought back with her yesterday and instructed Schumer how to handle things. We've heard the statement of James Clyburne regarding taking this opportunity to move the democrat agenda forward. The list that the democrats are trying to get into the deal is long and full of items that have no connection to solving this crisis and getting our economy back on track. The dems always try to do this and they need to pay the price for deliberately hurting the American public.
3rdnlng Posted March 24, 2020 Author Posted March 24, 2020 1 minute ago, TPS said: Old age must be catching up to you. There was a time when you would have at least attempted to make a coherent response. Now you're just acting like a clown. 2
Rob's House Posted March 24, 2020 Posted March 24, 2020 1 hour ago, jrober38 said: Probably everything. If you think he won't be bailing out Trump's hotels and golf courses you're kidding yourself. 36.2% of American workers work for large companies with more than 2,500 employees. Do you really think it makes sense to focus on large scale corporations when almost two thirds of the country is employed elsewhere? If you want things to be fair, just cut everyone a check and see where the chips fall. In 2008 they bailed out Corporate America. This time around I hope they actually help in a meaningful way by bailing out all workers. I agree that temporary aid should be distributed to individuals who have been forced out of work, but business needs support too. The concepts are not mutually exclusive, and those insinuating that they are should not be trusted. Also, demonizing corporations in this scenario is foolish.In 2008 you could make the argument that many of the corporations getting bailed out did it to themselves, whereas here that is not the case. Even that, however is beside the point because the purpose isn't to give them what they"deserve" but to stabilize the economy to prevent a devastating collapse. Nancy et al. welcome that collapse if they think they can gain political advantage from it. 4
TPS Posted March 24, 2020 Posted March 24, 2020 20 minutes ago, 3rdnlng said: Old age must be catching up to you. There was a time when you would have at least attempted to make a coherent response. Now you're just acting like a clown. It's the wine... 1
3rdnlng Posted March 24, 2020 Author Posted March 24, 2020 Just now, TPS said: It's the wine... Oh, in that case you are forgiven.
fansince88 Posted March 24, 2020 Posted March 24, 2020 (edited) 3 hours ago, SoCal Deek said: Again, I think you’re over simplifying the business side. It’s WAY HARDER than just sending people cash. I’m actually glad they won’t know where the money is slated to go. As a business owner myself, it’s simply impossible for anyone to know how each came into this government mandated mess, or how/if they’ll come out. I’d be pissed if they handed every business a check. Some have not suffered, and some have actually had a field day! True. The company I work for is employee owned and we hear the profit/ loss statements. We do grocery and drugs so we are esential. Currently making 300k a day more then average this time of year. They do not need nor should they get a bailout. Also, I have not lost a dollar of income, although my wife babysits and has lostbout on 225 a week, so I do not really need a check. Will probably donate it somehow. Oh, and Nancy is an idiot. Edited March 24, 2020 by fansince88 1
IDBillzFan Posted March 24, 2020 Posted March 24, 2020 4 hours ago, Gary Busey said: I know y'all hate the free press but it literally says Opinion. Editorials are nothing new. It's a lie. An easily proven lie. An easily proven DEM lie. Opinion or not. It's still a lie. 3
Warren Zevon Posted March 24, 2020 Posted March 24, 2020 Prove it easily Mr. Potato Head 8 minutes ago, IDBillzFan said: An easily proven DEM lie.
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