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Democrats Decide Getting the Orange Man Is More Important than Saving Lives

13

Comments

  • PurpleThrobber
    PurpleThrobber Member Posts: 48,491 Standard Supporter
    salemcoog said:

    This is tiresome.

    People believing that this was a good deal for the American people and then using "the Democrats don't want to help you!!!, they only want to make Orange Man look bad!!!" is a farce.

    This was a blank check of $500,000,000,000 to give to cronies with no real motivation for them not to do what they did in 2009. Pump the stock prices up with buybacks and lay off American workers for off shore workers making a 1/3 of the salary.

    And stfu with your " But these corporations will go under and be gone forever, taking all of those jobs away forever!!!!"

    The current version is taking advantage of a reeling public, market and economy to pad wallets of CEO's and those just a little further down the trough. Whereas Joe Blow gets a few crumbs to buys some groceries and pay his utilities for a couple months.

    See The Throbber's solution above.

    Trump can essentially buy votes with The Throbber/@creepcoug plan.

  • insinceredawg
    insinceredawg Member Posts: 5,117
    salemcoog said:

    This is tiresome.

    People believing that this was a good deal for the American people and then using "the Democrats don't want to help you!!!, they only want to make Orange Man look bad!!!" is a farce.

    This was a blank check of $500,000,000,000 to give to cronies with no real motivation for them not to do what they did in 2009. Pump the stock prices up with buybacks and lay off American workers for off shore workers making a 1/3 of the salary.

    And stfu with your " But these corporations will go under and be gone forever, taking all of those jobs away forever!!!!"

    The current version is taking advantage of a reeling public, market and economy to pad wallets of CEO's and those just a little further down the trough. Whereas Joe Blow gets a few crumbs to buys some groceries and pay his utilities for a couple months.

    Rarely ever agree with you but glad you're able to smell bullshit from the GOP unlike partisan Kunts like Gay Bob.
  • SFGbob
    SFGbob Member Posts: 33,188

    salemcoog said:

    This is tiresome.

    People believing that this was a good deal for the American people and then using "the Democrats don't want to help you!!!, they only want to make Orange Man look bad!!!" is a farce.

    This was a blank check of $500,000,000,000 to give to cronies with no real motivation for them not to do what they did in 2009. Pump the stock prices up with buybacks and lay off American workers for off shore workers making a 1/3 of the salary.

    And stfu with your " But these corporations will go under and be gone forever, taking all of those jobs away forever!!!!"

    The current version is taking advantage of a reeling public, market and economy to pad wallets of CEO's and those just a little further down the trough. Whereas Joe Blow gets a few crumbs to buys some groceries and pay his utilities for a couple months.

    Rarely ever agree with you but glad you're able to smell bullshit from the GOP unlike partisan Kunts like Gay Bob.
    How's WWIII with Iran going IC? Fuck off.
  • SFGbob
    SFGbob Member Posts: 33,188
    DJDuck said:
    What do you want to bet that IC blew Obama for the auto industry bailout, it was actually Bush that made it possible, and now is crying about "Socialism" with this bailout.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,491 Standard Supporter
    DJDuck said:
    Just exact opposite or what it what it should be

    Not surmising. Those fucks have never run a business or done a restructuring or workout. of a troubled business
  • SFGbob
    SFGbob Member Posts: 33,188
    The government forces businesses to shut down and then ignorant dumbfucks like IC for purely partisan reasons call it "Socialism" when the government provides a bailout for the industries they forced to close.

    The people pushing Socialism are the asswholes who are all on IC's team and he doesn't give a flying fuck. Everything is a partisan political opportunity for him.
  • Dude61
    Dude61 Member Posts: 1,254

    Sledog said:

    dflea said:

    So a 500 billion dollar slush fund for Mnuchin to distribute without review is OK with you, huh, you fuckin' socialist cum guzzler? Christ.

    You socialist cheerleader Trump lovers are really a spectacle to behold. What a fuckin' joke.

    Is there a list of companies that already need saving? Some won't. Some will. How are they supposed to compile a list?

    Everything was agreed to with bipartisan support until Nancy thought she could damage Trump with stopping it.

    Demorats will do ANYTHING to damage Trump. Disgusting.
    This is finance negotiation - and the Golden Rule in finance is: He who has the gold makes the rules.

    If you take the gubmint money here's but a few of the conditions the Throbber would impose....because the Throbber makes Mr. Wonderful look like Mr. Rogers when it comes to finance negotiations.

    I'd probably open this up to Joe Public to participate similar to a Reg A+ offering or some such thing - @creepycoug feel free to chime in because I know that is your world too. Similar to a war bonds effort rather than the Fed just printing more funny money but I could probably be talked out of that. Worst case, Joe Public investor gets the same right of participation as the US gubmint.

    My assumption would be any bailout funds would be similar to GM - preferred convertibles or some such thing.

    1 - No stock buybacks for a specified period of time (I'm thinking like 5 to 10 years). The gubmint investor group either gets the benefit of a stock run up during that window or gets paid back. Qualified investment professionals similar to pension fund managers appointed to manage the funds. Not some gubmint desk jockey.

    2 - Any firm taking gubmint money, CEO total compensation including the fair value of options, performance warrants, loans, etc are capped at a multiple of the average workers pay. Not gonna fly if the Lazy B CEO is making 1000 times more than Johnny Riveter and Suzie in accounting. And most of these fucks are worth that much any way.

    3 - Decertification of all union activity for three years. Fuck those guys. Your workers stand to gain the most with continued employment. GTFO of the way.

    4 - No dividends paid until end of term in Item 1 or payback of government subsidy.

    There's probably a few more but that's off the top of my head.

    These constraints are in the bill that was blocked by the Democrats. Cap on CEO salary, no buy-backs, maintain existing employee headcount.

    The D version has added bs including corporate board diversity mandates.

  • SFGbob
    SFGbob Member Posts: 33,188
    The D version has added bs including corporate board diversity mandates.

    Enacting public policies based upon left-wing political correctness is just a figment of my imagination. Never happens in the real world.
  • WilburHooksHands
    WilburHooksHands Member Posts: 6,804
    Dude61 said:

    Sledog said:

    dflea said:

    So a 500 billion dollar slush fund for Mnuchin to distribute without review is OK with you, huh, you fuckin' socialist cum guzzler? Christ.

    You socialist cheerleader Trump lovers are really a spectacle to behold. What a fuckin' joke.

    Is there a list of companies that already need saving? Some won't. Some will. How are they supposed to compile a list?

    Everything was agreed to with bipartisan support until Nancy thought she could damage Trump with stopping it.

    Demorats will do ANYTHING to damage Trump. Disgusting.
    This is finance negotiation - and the Golden Rule in finance is: He who has the gold makes the rules.

    If you take the gubmint money here's but a few of the conditions the Throbber would impose....because the Throbber makes Mr. Wonderful look like Mr. Rogers when it comes to finance negotiations.

    I'd probably open this up to Joe Public to participate similar to a Reg A+ offering or some such thing - @creepycoug feel free to chime in because I know that is your world too. Similar to a war bonds effort rather than the Fed just printing more funny money but I could probably be talked out of that. Worst case, Joe Public investor gets the same right of participation as the US gubmint.

    My assumption would be any bailout funds would be similar to GM - preferred convertibles or some such thing.

    1 - No stock buybacks for a specified period of time (I'm thinking like 5 to 10 years). The gubmint investor group either gets the benefit of a stock run up during that window or gets paid back. Qualified investment professionals similar to pension fund managers appointed to manage the funds. Not some gubmint desk jockey.

    2 - Any firm taking gubmint money, CEO total compensation including the fair value of options, performance warrants, loans, etc are capped at a multiple of the average workers pay. Not gonna fly if the Lazy B CEO is making 1000 times more than Johnny Riveter and Suzie in accounting. And most of these fucks are worth that much any way.

    3 - Decertification of all union activity for three years. Fuck those guys. Your workers stand to gain the most with continued employment. GTFO of the way.

    4 - No dividends paid until end of term in Item 1 or payback of government subsidy.

    There's probably a few more but that's off the top of my head.

    These constraints are in the bill that was blocked by the Democrats. Cap on CEO salary, no buy-backs, maintain existing employee headcount.

    The D version has added bs including corporate board diversity mandates.

    Where can we see the drafts?