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StuckOnReserve 03-24-2020 02:10 PM


Originally Posted by DirkDiggler (Post 3009997)
C5 is furloughing. It's only a matter of time until it hits here.


And every other regional


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StartUp161WanaB 03-24-2020 03:00 PM

If/when you get furloughed, Do we have to pay the bonus back?

Melit 03-24-2020 03:07 PM


Originally Posted by MagooFlew (Post 3009867)
and taxpayers trillions...

Don’t forget your tax dollars that go to illegals every year either...

SeeYa 03-24-2020 04:05 PM


Originally Posted by Melit (Post 3010191)
Don’t forget your tax dollars that go to illegals every year either...

illegals are a net positive to the tax base lol

Flydafe 03-24-2020 05:42 PM

Bailing out the rich corporations with our tax dollars is no different than socialism. The average Joe isn’t getting helped to pay his bills or secure his mortgage. Corporations should have to pay back every dollar in low interest or even zero interest loans just like we have to. The stock buybacks are ridiculous. I know the politicians hate socialism but they sure practice it with these corporation bailouts. What about Main Street?

Really sucks to hear about C5.

spacecadet 03-24-2020 07:11 PM


Originally Posted by Flydafe (Post 3010404)
Bailing out the rich corporations with our tax dollars is no different than socialism. The average Joe isn’t getting helped to pay his bills or secure his mortgage. Corporations should have to pay back every dollar in low interest or even zero interest loans just like we have to. The stock buybacks are ridiculous. I know the politicians hate socialism but they sure practice it with these corporation bailouts. What about Main Street?

Really sucks to hear about C5.

corporate socialism has been the norm in america since before the 2008 crisis.

if i invest all my money into stocks instead of saving an emergency fund of three months and things go bad, does anyone care? nope.

if a corporation invests all their profits into stock buybacks instead of saving in case of an emergency and things go bad? capitol hill works instantly on a bailout. america is a socialist state, it's just socialism for the wealthy and corporations. they take all the profit, but none of the consequences from the business risks they take. taxpayers pay for the consequences, but get none of the profits when things are good.

btw i am in favor of a bailout, so long as they forbid stock buybacks, protect the labor force, and ban any golden parachutes for the ceos.

SeeYa 03-24-2020 07:34 PM


Originally Posted by spacecadet (Post 3010523)
corporate socialism has been the norm in america since before the 2008 crisis.

if i invest all my money into stocks instead of saving an emergency fund of three months and things go bad, does anyone care? nope.

if a corporation invests all their profits into stock buybacks instead of saving in case of an emergency and things go bad? capitol hill works instantly on a bailout. america is a socialist state, it's just socialism for the wealthy and corporations. they take all the profit, but none of the consequences from the business risks they take. taxpayers pay for the consequences, but get none of the profits when things are good.

btw i am in favor of a bailout, so long as they forbid stock buybacks, protect the labor force, and ban any golden parachutes for the ceos.

if you think corporate socialism started in 2008 you’re an idiot

Blackhawk 03-24-2020 07:46 PM


Originally Posted by Flydafe (Post 3010404)
Bailing out the rich corporations with our tax dollars is no different than socialism. The average Joe isn’t getting helped to pay his bills or secure his mortgage. Corporations should have to pay back every dollar in low interest or even zero interest loans just like we have to. The stock buybacks are ridiculous. I know the politicians hate socialism but they sure practice it with these corporation bailouts. What about Main Street?

Really sucks to hear about C5.

1. If you have a mutual fund such as an IRA or a 401(k)... you are Wall Street.
2. Stock buy backs are the latest populist boogie man but they help in several ways. They give a boost to investors (see above- that’s you and me). It adds value to the company while reducing excess cash. Yes, excess cash can be bad. It makes a company a target for a hostile takeover.
3. “Bailouts”. Mixed feelings calling it this. The 5th amendment states that private property can’t be taken for the public good without just compensation. Businesses have essentially had their property taken, or at least had its use blocked by the government for public good. There should be compensation for this. Not just for airlines, but all businesses directly affected.

spacecadet 03-24-2020 07:46 PM


Originally Posted by SeeYa (Post 3010549)
if you think corporate socialism started in 2008 you’re an idiot

i recommend you brush up on your reading comprehension skills there bud. i said "since before 2008," a reference point i chose because its the most recent financial crisis this country faced.

MagooFlew 03-24-2020 08:18 PM

And if you haven't seen this early study yet... takes a look at the long view esp. Page 6 and Page 15.

https://www.imperial.ac.uk/media/imp...lJSPnfllGwWZP8


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