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Democrats Decide Getting the Orange Man Is More Important than Saving Lives
DJDuck
Member Posts: 5,970
This is pretty unbelievable.
Senate Democrats filibustered a procedural vote to end debate on the phase 3 Wuhan virus relief bill on Sunday. This came after negotiations had agreed to a framework bill, one which gave Democrats almost everything they wanted.
https://www.redstate.com/bonchie/2020/03/22/democrats-filibuster-wuhan-virus-relief-bill-more-worried-about-hurting-trump/
Senate Democrats filibustered a procedural vote to end debate on the phase 3 Wuhan virus relief bill on Sunday. This came after negotiations had agreed to a framework bill, one which gave Democrats almost everything they wanted.
https://www.redstate.com/bonchie/2020/03/22/democrats-filibuster-wuhan-virus-relief-bill-more-worried-about-hurting-trump/
Comments
You socialist cheerleader Trump lovers are really a spectacle to behold. What a fuckin' joke.
I don't even know who the fuck I'm talking to any more.
Go take off your socialism cheerleader skirt, ya fuckin' clown.
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.
Dementia is a cruel mistress.
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.
The Rats are holding this up in part to impose greater emission standards on the airlines and more Green New Deal nonsense.
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.
Care to explain they placed this stipulation in? "Recipients of loans in the current bailout legislation wouldn’t need to be disclosed for six months."
Here's a hint: