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The Throbber and creepy should be in charge of structuring this bailout

PurpleThrobber
PurpleThrobber Member Posts: 48,104
Apparently, the stimulus checks to individuals phase out at income level of $75K. Which means we're all going to pay for this thing over time - but clearly middle- and upper-income level folks are funding the deal.

Consequently, if the gubmint gave a FUCK about those footing the bill, they would issue investment units or shares in this massive equity fund that is bankrolling the whole deal. In the event this shitshow actually works, then the holders of investment units should receive dividend checks or a liquidity event to get a return on their investment.

Instead, the Fed/gubmint is using OPM and keeping all the returns. That is one fucked up private placement, let me tell you.

Comments

  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,317 Founders Club
    I don’t understand what is happening.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,104

    I don’t understand what is happening.

    Listen to the Throbber and @creepycoug when it comes to vulture capital and toxic financings.

    Essentially, you're getting fucked out of your money and the gubmint gets all the upside down the road. Just like the 2008 bailout.



  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,317 Founders Club

    I don’t understand what is happening.

    Listen to the Throbber and @creepycoug when it comes to vulture capital and toxic financings.

    Essentially, you're getting fucked out of your money and the gubmint gets all the upside down the road. Just like the 2008 bailout.



    As I said the other day the Seattle middle class always gets fucked.
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    It’s cute that y’all think any of this Shit will ever be paid back.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,104
    salemcoog said:

    It’s cute that y’all think any of this Shit will ever be paid back.

    The gubmint has done pretty well on the 2008 bailout.

    That we? paid for.

  • Kaepsknee
    Kaepsknee Member Posts: 14,913

    salemcoog said:

    It’s cute that y’all think any of this Shit will ever be paid back.

    The gubmint has done pretty well on the 2008 bailout.

    That we? paid for.

    That may happen again on the business side. But everything going to the taxpayer this round won’t be paid back.
  • creepycoug
    creepycoug Member Posts: 24,066

    Apparently, the stimulus checks to individuals phase out at income level of $75K. Which means we're all going to pay for this thing over time - but clearly middle- and upper-income level folks are funding the deal.

    Consequently, if the gubmint gave a FUCK about those footing the bill, they would issue investment units or shares in this massive equity fund that is bankrolling the whole deal. In the event this shitshow actually works, then the holders of investment units should receive dividend checks or a liquidity event to get a return on their investment.

    Instead, the Fed/gubmint is using OPM and keeping all the returns. That is one fucked up private placement, let me tell you.

    Things we are exceptionally good at: (1) structuring deals to make some people a lot of $$, and fuck other people out of any; and (2) admiring and exploiting the human female form.

    Really, what else is there that matters? Watches? Christ. (No offense @Swaye and @YellowSnow )
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,317 Founders Club
    edited March 2020

    Apparently, the stimulus checks to individuals phase out at income level of $75K. Which means we're all going to pay for this thing over time - but clearly middle- and upper-income level folks are funding the deal.

    Consequently, if the gubmint gave a FUCK about those footing the bill, they would issue investment units or shares in this massive equity fund that is bankrolling the whole deal. In the event this shitshow actually works, then the holders of investment units should receive dividend checks or a liquidity event to get a return on their investment.

    Instead, the Fed/gubmint is using OPM and keeping all the returns. That is one fucked up private placement, let me tell you.

    Things we are exceptionally good at: (1) structuring deals to make some people a lot of $$, and fuck other people out of any; and (2) admiring and exploiting the human female form.

    Really, what else is there that matters? Watches? Christ. (No offense @Swaye and @YellowSnow )
    Jefferson was right. Fuck all you New York stock jobber guysm.
  • Alexis
    Alexis Member, Swaye's Wigwam Posts: 3,393 Founders Club
    edited March 2020
    My question is, if the gubmint has an extra 1200 bucks to give to everybody (making less than 75K wink) without cutting any programs that I can see, doesn't that mean that we (?) are paying them at least $1200 bucks too much in taxes? I'd rather they just take a hundo a month each month less from now on.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,104
    Alexis said:

    My question is, if the gubmint has an extra 1200 bucks to give to everybody (making less than 75K wink) without cutting any programs that I can see, doesn't that mean that we (?) are paying them at least $1200 bucks too much in taxes? I'd rather they just take a hundo a month each month less from now on.

    They just print more money and devalue the money you already make.

    In the trade, it’s called dilution.

    No downround provisions for the folks paying for the financings.

    @creepycoug and the Throbber would have protected their client.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,180 Founders Club
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,084 Founders Club
    I notice that the payroll tax holiday was DOA


    The most effective way to keep your money