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-   -   What companies are you willing to bail out. (https://classracer.com/classforum/showthread.php?t=75785)

B Parker 03-23-2020 08:40 PM

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.

rboyle 03-23-2020 09:59 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by B Parker (Post 610620)
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.

I say pass on the cruise ships especially those with "ships registry Bahamas" attached to it. I would also like them to have to spend the money on reinvesting in keeping the jobs here in USA .

Pete Lanciers 03-24-2020 01:21 AM

Re: What companies are you willing to bail out.
 
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!

Billy Nees 03-24-2020 07:26 AM

Re: What companies are you willing to bail out.
 
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.

Eric Merryfield 03-24-2020 10:26 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by B Parker (Post 610620)
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.

I don't have any issue loaning $ to corporations provided that they are under the same terms and condititions that we as small business owners are gifted with........and something that easily could be done to ensure that the $ was really needed, and not just wanted.

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

astikhossw 03-24-2020 10:44 AM

Re: What companies are you willing to bail out.
 
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.

Pete Lanciers 03-24-2020 12:06 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Billy Nees (Post 610637)
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.

Your absolutely right Bill, Big Difference, that was the point of my post... you must have insight into what's currently being negotiated that I do not, because such oversight and control was not in the original bill as presented last week.

Paradigm Shift 03-24-2020 12:58 PM

Re: What companies are you willing to bail out.
 
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.

HP HUNTER 04-06-2020 09:54 PM

Re: What companies are you willing to bail out.
 
" What companies are you willing to bail out"



Not a one............................people wake up

bykr 04-06-2020 11:28 PM

Re: What companies are you willing to bail out.
 
I agree this doesn't belong in tech. More suited to Facebook.

Randy Wells 04-07-2020 12:47 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by astikhossw (Post 610653)
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.

Lighten up sooner, this is way more important then racing right now, when life gets back to normal we can go back to racing.
Randy Wells
Wells Bros
5034 C/SA

CMcAllister 04-07-2020 01:32 PM

Re: What companies are you willing to bail out.
 
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.

Chevy55 04-07-2020 05:33 PM

Re: What companies are you willing to bail out.
 
Y'all can kiss that stuff goodbye! LOL

https://www.cnn.com/2020/04/07/polit...nds/index.html

Mark Yacavone 04-08-2020 12:54 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Chevy55 (Post 611708)

No thanks.

John Kissel 04-08-2020 04:39 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Chevy55 (Post 611708)
Y'all can kiss that stuff goodbye! LOL

https://www.cnn.com/2020/04/07/polit...nds/index.html

I won't believe a word out of that bunch, I could be standing in 3' of snow with them saying it was snowing and I would not believe that blonde fox has been. John Kissel K242

Chevy55 04-09-2020 09:59 AM

Re: What companies are you willing to bail out.
 
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/

Mike Jones 04-10-2020 09:48 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Chevy55 (Post 611801)

https://www.mediaite.com/politics/li...olice-officer/
Interesting read on the author of this story.
MJ

Billy Nees 04-11-2020 09:40 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Mike Jones (Post 611959)
https://www.mediaite.com/politics/li...olice-officer/
Interesting read on the author of this story.
MJ

I thought so too.

Grey Ghost 04-12-2020 06:06 PM

Re: What companies are you willing to bail out.
 
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".

jwsamuel 04-13-2020 05:48 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Pete Lanciers (Post 610634)
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.

That was why there was a delay in passing the third stimulus bill. The Republicans wanted a no-restrictions bailout. The Dems wanted restrictions, such as no stock buybacks and no CEO bonuses.

Randy Wells 04-13-2020 07:30 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by jwsamuel (Post 612182)
That was why there was a delay in passing the third stimulus bill. The Republicans wanted a no-restrictions bailout. The Dems wanted restrictions, such as no stock buybacks and no CEO bonuses.

You forgot to mention all the pork the Dems had in the Bill, Kennedy Center , Money for abortions by Planned Parent hood, Etc

Fireofficer5 04-14-2020 09:48 AM

Re: What companies are you willing to bail out.
 
Comparing Planned Parenthood to corporate giveaways.

Blind mice.

Randy Wells 04-14-2020 09:56 AM

Re: What companies are you willing to bail out.
 
[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

Fireofficer5 04-15-2020 06:31 AM

Re: What companies are you willing to bail out.
 
I got your balls right here.

Fireofficer5 04-15-2020 06:53 AM

Re: What companies are you willing to bail out.
 
And you want my name, to send me a love letter.

Thats so sweet.

R J Pingol

Randy Wells 04-15-2020 10:10 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Fireofficer5 (Post 612318)
And you want my name, to send me a love letter.

Thats so sweet.

R J Pingol

Rick, I am done arguing with Brain Dead liberals, especially gay liberals have a nice day.

Fireofficer5 04-16-2020 08:13 AM

Re: What companies are you willing to bail out.
 
I love you too randy.

Eddies66 04-16-2020 08:34 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Randy Wells (Post 612194)
You forgot to mention all the pork the Dems had in the Bill, Kennedy Center , Money for abortions by Planned Parent hood, Etc


Do you know what the "Hyde Amendment" is or are you just ignorant to the laws of the land?

Randy Wells 04-16-2020 10:30 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Fireofficer5 (Post 612394)
I love you too randy.

Says the guy that runs the bogus O/SA Mustang with the 331, big cam and big valves. I bet you won't run that car at an NHRA event, typical liberal like to cheat then pat there self on the back about how good they are. LOL

Randy Wells 04-16-2020 10:32 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Eddies66 (Post 612398)
Do you know what the "Hyde Amendment" is or are you just ignorant to the laws of the land?


Oh I am sure planed Parenthood fallows the Law LMAO.

Mark Yacavone 04-16-2020 02:00 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Randy Wells (Post 612408)
Says the guy that runs the bogus O/SA Mustang with the 331, big cam and big valves. I bet you won't run that car at an NHRA event, typical liberal like to cheat then pat there self on the back about how good they are. LOL

Interesting..I did some checking around and I think you might have got one thing wrong. Pretty sure it's a Cougar. ;-)

farmco r/sa 04-16-2020 02:08 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by bykr (Post 611665)
I agree this doesn't belong in tech. More suited to Facebook.

I believe this is the" Lounge" not tech. Maybe it was moved from tech. Several threads moved lately.

Randy Wells 04-16-2020 02:17 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Mark Yacavone (Post 612425)
Interesting..I did some checking around and I think you might have got one thing wrong. Pretty sure it's a Cougar. ;-)

Mark, yes I meant Cougar, O/SA

Eddies66 04-16-2020 04:47 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Randy Wells (Post 612409)
Oh I am sure planed Parenthood fallows the Law LMAO.


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.

Randy Wells 04-16-2020 04:52 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Eddies66 (Post 612442)
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.

Sorry I work for a living bud, spelling is not
necessary running a bunch of oil field workers.If you believe what you say you are another liberal TDS nut. Flame on no name.

Eddies66 04-16-2020 06:58 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Randy Wells (Post 612443)
Sorry I work for a living bud, spelling is not
necessary running a bunch of oil field workers.If you believe what you say you are another liberal TDS nut. Flame on no name.


Let's be straight up, if you don't want an abortion..don't get one!

Randy Wells 04-16-2020 07:03 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Eddies66 (Post 612450)
Let's be straight up, if you don't want an abortion..don't get one!

Ok Then, thanks for your service.

Randy Wells
Wells Bros
C/SA 5034

Eddies66 04-18-2020 08:51 AM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Randy Wells (Post 612451)
Ok Then, thanks for your service.

Randy Wells
Wells Bros
C/SA 5034


You were worth it.

Chevy55 04-19-2020 09:42 AM

Re: What companies are you willing to bail out.
 
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

Randy Wells 04-19-2020 10:01 PM

Re: What companies are you willing to bail out.
 
Quote:

Originally Posted by Chevy55 (Post 612671)
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

Chevy 55, you lost my interest when I seen the article was done by the socialist Huffington Post LOL, we can surely believe everything those commies tell us.


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