What companies are you willing to bail out.
With all the talk about bail out money for large corporations what do you think? I'm all in favor about bail out money for companies that are vital in keeping are country going. But I do believe any company that receives free bail out money should not have anyone on their payroll that makes more than 250,000 this year. You want to see some crazy numbers take a look at what the CEO's of the major Airlines make. It will shock you. I'm sorry I don't want to see my tax money given to a company that the CEO's make millions. BP
Delta's top ten make from 2 mil to 14 mil. |
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I'm not a proponent of any no strings Bail Outs (...read corporate welfare), now certainly there is industry that needs bolstering during times like we currently endure.
But what ever happened to Federally guaranteed loans that businesses have to repay similar to the arrangement that rescued Chrysler from insolvency in the 80's. The Government's Chrysler Loan Guarantee Board, which supervised the loan guarantees, demanded stock warrants as a quid pro quo for the loan guarantees so that the Government, which took a risk with the loan guarantees at a time when Chrysler seemed headed for bankruptcy, could share in the profit of a Chrysler recovery under Lee Iacocca... Seems to me like that's good old fashioned capitalism! |
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From what I'm seeing and hearing, large corps. aren't going to be receiving "bail out money". They will qualify for "low interest Govt. loans". Big difference.
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Officers get to PG(personally guarantee for those that aren't familiar with the ways of the sub 25 million dollar company world) Additional security in the form of a mortgage on their real property...........I think that an amount equal to 5 times last years compensation(in all form, pay, stock, benefits) should be enough to focus them and keep them focused. So if you are Delta, and you really, really think you need the loan, and have exhausted all of the other forms of $, as the CEO, you'd be looking at a what 70 million dollar PG and lien. That should keep them focused and get that loan repaid ASAP. Default and the IRS will repo that fine country estate....... Also, to be fair, and perhaps now is the time, CEO's shouldn't be earning more that 10X the lowest paid employee. Off my soapbox, and back to trying to find small businesses that I understand, can justify the investment in and can aquire at a non-stomach churning price! If that might be yours, PM me. Eric |
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I’m trying to figure out what this has to do with tech.i though subjects like this went to the lounge so a person that didn’t want to see it wouldn’t have to.
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Zero bailouts are necessary or prudent.
Sound companies are able to obtain operating capital in loan form if they desire it. Unsound companies with reasonably viable products or services will be immediately replaced. |
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" What companies are you willing to bail out"
Not a one............................people wake up |
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I agree this doesn't belong in tech. More suited to Facebook.
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Randy Wells Wells Bros 5034 C/SA |
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Bail out, invest, help the ones that will keep their jobs and manufacturing in America. Or will bring it all back here from wherever it was moved to.
Penalize, tariff, charge, those who have moved or bought and sent good American manufacturers to China, to help pay for this mess - unless they move it all back here, fast. They want to build it there, build their economy, give them the tech, and sell it here, there's a penalty for doing that. Cut the red tape, get the EPA and the rest of the bureaucracy off their backs so they actually want to be here and can sell their product at prices people want to pay. This shouldn't ever happen again. All I'm going to say. |
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Y'all are free to believe anything that you want but...........the bulk of that money is for the "Club" and you ain't in it!!!
"In the course of three days, Trump fired an IG for telling the truth, attacked another for exposing the totality of a health care pandemic, and removed another in a brazen effort to avoid being held accountable for how trillions of taxpayer dollars will be allocated. The sum of these actions is nothing short of blatant corruption in plain sight. Free from the limitations of accountability, there is nothing stopping the president from turning the so-called “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) into a $2 trillion personal slush fund." https://www.usatoday.com/story/opini...mn/2973535001/ |
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Interesting read on the author of this story. MJ |
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Financial aid of any type should only go to companies manufacturing in the states and/or those willing to move/relocate manufacturing operations back to this country.
Fine is a bought and paid for establishment stooge...should have been canned long ago. They're calling the covid19 a pandemic. Check Webster's definition of pandemic...not even close. The fed's response is WAY over the top for 90% of the country. The NYC/northeast and other over populated areas have the vast majority of the outbreak. Stricker measures needed there for sure but not so much here in "fly over" country. The $2 trillion response is like putting a bandaid on a large caliber chest wound. The governments over reaction to this IS causing an economic "pandemic". |
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Comparing Planned Parenthood to corporate giveaways.
Blind mice. |
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[QUOTE=Fireofficer5;612227]Comparing Planned Parenthood to corporate
I was going to respond but responding to someone who does'nt have the balls to use there real name is useless |
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I got your balls right here.
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And you want my name, to send me a love letter.
Thats so sweet. R J Pingol |
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I love you too randy.
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Do you know what the "Hyde Amendment" is or are you just ignorant to the laws of the land? |
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Oh I am sure planed Parenthood fallows the Law LMAO. |
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First, let's learn to spell, then go back to the original talking point: federal funding for abortions...Although anti-abortion politicians justify attacks on people’s access to care at Planned Parenthood health centers as part of their agenda against safe, legal abortion, federal law already prohibits the use of federal funding, like Medicaid and Title X, for abortion (except when a woman might die or if her pregnancy is the result of rape or incest). Patients pay for safe, legal abortion at Planned Parenthood health centers mostly out-of-pocket, through private health insurance, or with the help of abortion funds. |
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necessary running a bunch of oil field workers.If you believe what you say you are another liberal TDS nut. Flame on no name. |
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Let's be straight up, if you don't want an abortion..don't get one! |
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Randy Wells Wells Bros C/SA 5034 |
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You were worth it. |
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Lawmakers Demand To Know Where Business Stimulus Funds Are Going
The Trump administration so far is stonewalling on even the most basic information. By Mary Papenfuss https://www.huffpost.com/entry/busin...b664cb6c43e702 |
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