User Tag List

+ Reply to Thread
Page 2 of 7 FirstFirst 123456 ... LastLast
Results 11 to 20 of 67

Thread: Unaffordable bailouts and buybacks: Bend over, here it comes again!

  1. #11
    Points: 36,553, Level: 46
    Level completed: 74%, Points required for next Level: 397
    Overall activity: 53.0%
    Achievements:
    Social25000 Experience Points1 year registered
    bulletbob's Avatar Senior Member
    Karma
    2920
    Join Date
    May 2019
    Location
    florida
    Posts
    9,538
    Points
    36,553
    Level
    46
    Thanks Given
    8,561
    Thanked 2,910x in 2,303 Posts
    Mentioned
    37 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Collateral Damage View Post
    Perhaps you need to read what is required toreceive that money, what it needs to be used for, and how it is not automatically 'given' it is loaned.

    But no nevermind, let's go with the idea that the corporation will go have a booze party at some resort in the Caymans, shall we?
    Pjl read lol unless it come as a directive from his spunklessnut news boss or commie today in china, besides hes been proven wrong so many times its best just to assume what ever he has to say is wrong.
    some times I could swear he is using a different internet then the rest of the world
    Last edited by bulletbob; 03-31-2020 at 02:23 PM.

  2. The Following User Says Thank You to bulletbob For This Useful Post:

    waltky (03-31-2020)

  3. #12
    Points: 20,731, Level: 34
    Level completed: 99%, Points required for next Level: 19
    Overall activity: 25.0%
    Achievements:
    Veteran10000 Experience Points
    Hoosier8's Avatar Senior Member
    Karma
    4932
    Join Date
    May 2012
    Posts
    6,767
    Points
    20,731
    Level
    34
    Thanks Given
    554
    Thanked 4,923x in 3,268 Posts
    Mentioned
    44 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by PJL View Post
    It remains to be seen what the corporate sector does with it's $500billion in bail-out money . The point is , unless that money is used to support jobs and the economy , they don't have a need to be getting anything at all . If so , it should have been pumped straight into health care , or to support the growing numbers of unemployed, until they can get back to work.
    It's not bailout money. The law is clear.
    So far, the only ACTUAL legitimate race crime of 2020 was taking a woman off a bottle of syrup because she was black.

  4. The Following 3 Users Say Thank You to Hoosier8 For This Useful Post:

    bulletbob (03-31-2020),Collateral Damage (03-31-2020),waltky (03-31-2020)

  5. #13
    Points: 29,147, Level: 41
    Level completed: 65%, Points required for next Level: 503
    Overall activity: 35.0%
    Achievements:
    1 year registered25000 Experience Points
    PJL's Avatar Senior Member
    Karma
    636
    Join Date
    Jan 2019
    Posts
    5,594
    Points
    29,147
    Level
    41
    Thanks Given
    61
    Thanked 626x in 557 Posts
    Mentioned
    123 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Collateral Damage View Post
    You were spot on all the way to the end... with additional records and filings, some or all may become a grant if compliance to the rules can be proven. End result, people may still have jobs when it's all said and one.
    That's why , Hoosier , I said that it would depend on how the money was spent . If the corporate money ends up as more share buy backs , it will be no different from whats been happening since 2009 . If it's used to support employment , NOW , it will be effective . If it's used to support corporations until this virus has passed , it will be nothing but more wealth transfer to corporations that don't even need it.

  6. The Following User Says Thank You to PJL For This Useful Post:

    waltky (04-03-2020)

  7. #14
    Points: 36,553, Level: 46
    Level completed: 74%, Points required for next Level: 397
    Overall activity: 53.0%
    Achievements:
    Social25000 Experience Points1 year registered
    bulletbob's Avatar Senior Member
    Karma
    2920
    Join Date
    May 2019
    Location
    florida
    Posts
    9,538
    Points
    36,553
    Level
    46
    Thanks Given
    8,561
    Thanked 2,910x in 2,303 Posts
    Mentioned
    37 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by PJL View Post
    That's why , Hoosier , I said that it would depend on how the money was spent . If the corporate money ends up as more share buy backs , it will be no different from whats been happening since 2009 . If it's used to support employment , NOW , it will be effective . If it's used to support corporations until this virus has passed , it will be nothing but more wealth transfer to corporations that don't even need it.
    Can you even read plj seriously

  8. The Following User Says Thank You to bulletbob For This Useful Post:

    waltky (04-03-2020)

  9. #15
    Original Ranter
    Points: 583,042, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.8%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    438446
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    173,591
    Points
    583,042
    Level
    100
    Thanks Given
    105,484
    Thanked 89,428x in 59,863 Posts
    Mentioned
    2294 Post(s)
    Tagged
    0 Thread(s)
    Recall that the Kennedy Center got a $25M bailout so they could pay their employees and bills. Yet, they fired most of their employees anyway.

    Kennedy Center for the Performing Arts executives lobbied lawmakers for a $25 million handout in the massive coronavirus stimulus package signed into law by President Trump last week but were planning to lay-off staff regardless, leaked audio of an internal conference call reveals.

    In the March 26 call, KCPA President Deborah Rutter told more than 200 employees at the Washington, D.C. cultural institution to brace for lay-offs, pay cuts and furloughs despite receiving a large carve-out in the $2 trillion emergency economic bailout for Americans and businesses financially devastated by the outbreak, which made headlines last week.


    Rutter revealed how the organization deployed a lobbyist to push Capitol Hill lawmakers to include them but said it would not help with staff retention because they were already running out of cash, according to the audio first reported by One America News’ Jack Posobiec.


    “We are really grateful for this $25 million, but I will tell you that it does not keep us whole,” Rutter said, acknowledging the bailout had made them “the target for a lot of unhappy people who believe we are taking the money away from sick people.”

    ***

    In an email Tuesday, the organization confirmed 725 part-time staff had been impacted and another 60 percent of the center’s full-time administrative staff would also be furloughed until at least May 10.





    I heard on the radio this morning that there is a move in Congress to take the $25M back. Not sure if it will pass.
    ΜOΛΩΝ ΛΑΒΕ

    Please visit my blog http://thepoliticalforums.com/blogs/peter/
    (If a post link does not work, see the archives- it should work there.)

  10. The Following 2 Users Say Thank You to Peter1469 For This Useful Post:

    bulletbob (04-03-2020),waltky (04-03-2020)

  11. #16
    Points: 5,064, Level: 16
    Level completed: 86%, Points required for next Level: 86
    Overall activity: 7.0%
    Achievements:
    1 year registered5000 Experience Points
    Collateral Damage's Avatar Senior Member
    Karma
    1493
    Join Date
    Mar 2019
    Posts
    1,990
    Points
    5,064
    Level
    16
    Thanks Given
    2,454
    Thanked 1,483x in 975 Posts
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by PJL View Post
    That's why , Hoosier , I said that it would depend on how the money was spent . If the corporate money ends up as more share buy backs , it will be no different from whats been happening since 2009 . If it's used to support employment , NOW , it will be effective . If it's used to support corporations until this virus has passed , it will be nothing but more wealth transfer to corporations that don't even need it.
    One more time. If they do not use the funds as designated it is a loan and must be paid back.

    Capisce?
    Treat me with respect, I'll treat you with respect. I don't care what color your skin is, your gender, sexual identity, political lean or position about eating beef. Be a decent human.

  12. The Following User Says Thank You to Collateral Damage For This Useful Post:

    bulletbob (04-03-2020)

  13. #17
    Points: 20,731, Level: 34
    Level completed: 99%, Points required for next Level: 19
    Overall activity: 25.0%
    Achievements:
    Veteran10000 Experience Points
    Hoosier8's Avatar Senior Member
    Karma
    4932
    Join Date
    May 2012
    Posts
    6,767
    Points
    20,731
    Level
    34
    Thanks Given
    554
    Thanked 4,923x in 3,268 Posts
    Mentioned
    44 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by PJL View Post
    That's why , Hoosier , I said that it would depend on how the money was spent . If the corporate money ends up as more share buy backs , it will be no different from whats been happening since 2009 . If it's used to support employment , NOW , it will be effective . If it's used to support corporations until this virus has passed , it will be nothing but more wealth transfer to corporations that don't even need it.
    Can you read? They get loans, not bailouts.
    So far, the only ACTUAL legitimate race crime of 2020 was taking a woman off a bottle of syrup because she was black.

  14. The Following User Says Thank You to Hoosier8 For This Useful Post:

    bulletbob (04-03-2020)

  15. #18
    Points: 5,064, Level: 16
    Level completed: 86%, Points required for next Level: 86
    Overall activity: 7.0%
    Achievements:
    1 year registered5000 Experience Points
    Collateral Damage's Avatar Senior Member
    Karma
    1493
    Join Date
    Mar 2019
    Posts
    1,990
    Points
    5,064
    Level
    16
    Thanks Given
    2,454
    Thanked 1,483x in 975 Posts
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Peter1469 View Post
    Recall that the Kennedy Center got a $25M bailout so they could pay their employees and bills. Yet, they fired most of their employees anyway.
    I heard on the radio this morning that there is a move in Congress to take the $25M back. Not sure if it will pass.
    There is a time frame that an employer can reduce their staff, but must regain at least 75% employment by (currently) June 30, based on pre COVID-19 numbers for the same period in 2019. (adjustment for seasonal fluctuations).

    The cash dump for the Kennedy Center is a joke. They should be treated no differently than any other entity.
    Treat me with respect, I'll treat you with respect. I don't care what color your skin is, your gender, sexual identity, political lean or position about eating beef. Be a decent human.

  16. The Following 2 Users Say Thank You to Collateral Damage For This Useful Post:

    bulletbob (04-03-2020),Peter1469 (04-01-2020)

  17. #19
    Points: 20,731, Level: 34
    Level completed: 99%, Points required for next Level: 19
    Overall activity: 25.0%
    Achievements:
    Veteran10000 Experience Points
    Hoosier8's Avatar Senior Member
    Karma
    4932
    Join Date
    May 2012
    Posts
    6,767
    Points
    20,731
    Level
    34
    Thanks Given
    554
    Thanked 4,923x in 3,268 Posts
    Mentioned
    44 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Peter1469 View Post
    Recall that the Kennedy Center got a $25M bailout so they could pay their employees and bills. Yet, they fired most of their employees anyway.



    I heard on the radio this morning that there is a move in Congress to take the $25M back. Not sure if it will pass.
    Nancy wants a tax break for millionaires in the next package.
    So far, the only ACTUAL legitimate race crime of 2020 was taking a woman off a bottle of syrup because she was black.

  18. The Following 2 Users Say Thank You to Hoosier8 For This Useful Post:

    bulletbob (04-03-2020),Peter1469 (04-01-2020)

  19. #20
    Points: 20,731, Level: 34
    Level completed: 99%, Points required for next Level: 19
    Overall activity: 25.0%
    Achievements:
    Veteran10000 Experience Points
    Hoosier8's Avatar Senior Member
    Karma
    4932
    Join Date
    May 2012
    Posts
    6,767
    Points
    20,731
    Level
    34
    Thanks Given
    554
    Thanked 4,923x in 3,268 Posts
    Mentioned
    44 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Collateral Damage View Post
    There is a time frame that an employer can reduce their staff, but must regain at least 75% employment by (currently) June 30, based on pre COVID-19 numbers for the same period in 2019. (adjustment for seasonal fluctuations).

    The cash dump for the Kennedy Center is a joke. They should be treated no differently than any other entity.
    We are getting a two week unpaid furlough for salaried people. Could be extended.
    So far, the only ACTUAL legitimate race crime of 2020 was taking a woman off a bottle of syrup because she was black.

  20. The Following User Says Thank You to Hoosier8 For This Useful Post:

    bulletbob (04-03-2020)

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Single Sign On provided by vBSSO