Max Exodus
03-24-2020 | 05:42 PM
#75
Gets Weekends Off
Joined: Sep 2019
Posts: 429
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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.
Really sucks to hear about C5.
03-24-2020 | 07:11 PM
#76
Banned
Joined: Oct 2019
Posts: 79
Likes: 0
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.
Really sucks to hear about C5.
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.
03-24-2020 | 07:34 PM
#77
Gets Weekends Off
Joined: Sep 2019
Posts: 176
Likes: 0
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 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.
03-24-2020 | 07:46 PM
#78
Gets Weekends Off
Joined: Mar 2005
Posts: 1,888
Likes: 0
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.
Really sucks to hear about C5.
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.
03-24-2020 | 07:46 PM
#79
Banned
Joined: Oct 2019
Posts: 79
Likes: 0
03-24-2020 | 08:18 PM
#80
Line Holder
Joined: Feb 2020
Posts: 98
Likes: 0
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
https://www.imperial.ac.uk/media/imp...lJSPnfllGwWZP8
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