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  • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

    I see the Republican Economy is working as intended.
    **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

    Originally Posted by dropthatpuck-Scooby's a lost cause.
    Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

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    • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

      Originally posted by rufus View Post
      Jesus Christ, this entire program is criminal.

      People need to go to jail for this.
      All these returns...I'm guessing the worker in chargeof such things applied for the loan, someone higher up found out about it, and said, "Nah, dog. That's bullsh*," and returned the money.

      Well, okay, if push comes to shove, that's what I want to believe.
      Never really developed a taste for tequila. Kind of hard to understand how you make a drink out of something that sharp, inhospitable. Now, bourbon is easy to understand.
      Tastes like a warm summer day. -Raylan Givens

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      • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

        Originally posted by The Rube View Post
        All these returns...I'm guessing the worker in chargeof such things applied for the loan, someone higher up found out about it, and said, "Nah, dog. That's bullsh*," and returned the money.

        Well, okay, if push comes to shove, that's what I want to believe.
        No, these decisions aren't made by low level employees. They're returning the money because of bad PR and public backlash...no other reason.
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        • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

          Originally posted by The Rube View Post
          All these returns...I'm guessing the worker in chargeof such things applied for the loan, someone higher up found out about it, and said, "Nah, dog. That's bullsh*," and returned the money.

          Well, okay, if push comes to shove, that's what I want to believe.
          I hope so too. I don't think the recipients are the criminals. DumpCo set it up as a slush fund for themselves and their buddies, but it was overbroad, and honest people return stolen money.

          Short of Romanoving the Dump family I don't see us ever getting back the billions they have stolen.
          Last edited by Kepler; 04-27-2020, 04:51 PM.
          Cornell University
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          • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

            Originally posted by MinnesotaNorthStar View Post
            No, these decisions aren't made by low level employees. They're returning the money because of bad PR and public backlash...no other reason.
            They don't have to be low-level. They want to move up even more, and this was a way of saying, "Hey, look at what I got our company!" And then the smarter people higher up than them told them they were idiots, because of the blowback it would bring.
            Never really developed a taste for tequila. Kind of hard to understand how you make a drink out of something that sharp, inhospitable. Now, bourbon is easy to understand.
            Tastes like a warm summer day. -Raylan Givens

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            • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

              Originally posted by The Rube View Post
              They don't have to be low-level. They want to move up even more, and this was a way of saying, "Hey, look at what I got our company!" And then the smarter people higher up than them told them they were idiots, because of the blowback it would bring.
              rotflmao.
              **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

              Originally Posted by dropthatpuck-Scooby's a lost cause.
              Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

              Comment


              • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                Originally posted by The Rube View Post
                They don't have to be low-level. They want to move up even more, and this was a way of saying, "Hey, look at what I got our company!" And then the smarter people higher up than them told them they were idiots, because of the blowback it would bring.
                your innocence is so precious.
                What kind of cheese are you planning to put on top?

                Comment


                • Originally posted by The Rube View Post
                  They don't have to be low-level. They want to move up even more, and this was a way of saying, "Hey, look at what I got our company!" And then the smarter people higher up than them told them they were idiots, because of the blowback it would bring.
                  Nope it is often the attorneys and accountants who do it for the company and it is known. A lot of the big banks gave them the heads up and they ran with it. JPMorgan Chase is being sued over it.

                  They all wanted it and assumed no one would notice. When the fund went broke it was thrust into the forefront and the backlash killed.

                  This is corporate greed from the top down. You and Kepler are being naive.
                  "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                  -aparch

                  "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                  -INCH

                  Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
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                  • Originally posted by Handyman View Post
                    Nope it is often the attorneys and accountants who do it for the company and it is known. A lot of the big banks gave them the heads up and they ran with it. JPMorgan Chase is being sued over it.

                    They all wanted it and assumed no one would notice. When the fund went broke it was thrust into the forefront and the backlash killed.

                    This is corporate greed from the top down. You and Kepler are being naive.
                    This.

                    All of this.

                    CNBC pointed out one large corp with thousands of employees who had almost 100 million of the small business protection loans used multiple tax ID codes to pretend to be multiple small companies.

                    Unfortunately, because of the lack of federal guidance, these moves, despite being meant for small businesses, did not have anyone overseeing enforcement of it *until* the PR blowback.


                    And anyone who thinks that big corps who are announcing they're giving it back are genuinely like Opie from the Andy Griffith show and went "Awww, gee, shucks, I promise to pay it back!" on their own volition needs to get their fu**ing head checked.

                    This was the rats scurrying in the kitchen in Ratatouille once the light shined on them stealing food.
                    “Demolish the bridges behind you… then there is no choice but to build again.”

                    Live Radio from 100.3

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                    • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                      Originally posted by rufus View Post
                      your innocence is so precious.
                      I don't think Rube's being innocent here and you know how I feel about business and management. He's not saying the execs return the money out of the goodness of their heart. He's saying it's the equivalent of opening your bank statement and seeing that your $3,000 paycheck is instead $3,000,000. Even if you have a larcenous soul and you hate your company you do not spend that money because you know someday, very soon, you will go to jail.

                      Corporations are insanely risk-averse. In my industry at least they don't do anything that can be perceived as dishonest because they live in terror of the front page of WaPo. I assume all Fortune 500s are like this.

                      Remember: they don't have to cheat. The fix is in: they own the government. You never steal illegally if you can steal legally. "Give a man a gun he can rob a bank; give man a bank he can rob the world."
                      Last edited by Kepler; 04-27-2020, 09:32 PM.
                      Cornell University
                      National Champion 1967, 1970
                      ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                      Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                      • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                        Sorry man but you need to read up more on it.

                        This was not some bank error...they a saw the loophole and dove in. They aren't even really denying it. Some even defend it.

                        You are being way too kind.
                        "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                        -aparch

                        "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                        -INCH

                        Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                        -ScoobyDoo 12/17/2007

                        Comment


                        • Originally posted by Kepler View Post
                          I don't think Rube's being innocent here and you know how I feel about business and management. He's not saying the execs return the money out of the goodness of their heart. He's saying it's the equivalent of opening your bank statement and seeing that your $3,000 paycheck is instead $3,000,000. Even if you have a larcenous soul and you hate your company you do not spend that money because you know someday, very soon, you will go to jail.
                          No, this was the bank working in cahoots with these corporations because they knew there was ZERO oversight.
                          “Demolish the bridges behind you… then there is no choice but to build again.”

                          Live Radio from 100.3

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                          • Originally posted by aparch View Post
                            No, this was the bank working in cahoots with these corporations because they knew there was ZERO oversight.
                            Good lord THIS!

                            The corporations have the means to process this fast so the banks prioritized them over the small businesses. Ruth Chris can get the application done much faster than a mom and pop shop can and the banks made sure they got those done first.

                            This is all about the rich protecting their own
                            "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                            -aparch

                            "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                            -INCH

                            Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                            -ScoobyDoo 12/17/2007

                            Comment


                            • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                              Originally posted by The Rube View Post
                              All these returns...I'm guessing the worker in chargeof such things applied for the loan, someone higher up found out about it, and said, "Nah, dog. That's bullsh*," and returned the money.

                              Well, okay, if push comes to shove, that's what I want to believe.
                              Reminder to scoobs, roofie etc.

                              The opposite is probably the truth. Either way, the money is being returned. So you all can kiss my arse.
                              Never really developed a taste for tequila. Kind of hard to understand how you make a drink out of something that sharp, inhospitable. Now, bourbon is easy to understand.
                              Tastes like a warm summer day. -Raylan Givens

                              Comment


                              • Originally posted by The Rube View Post
                                Reminder to scoobs, roofie etc.

                                The opposite is probably the truth. Either way, the money is being returned. So you all can kiss my arse.
                                NO IT'S NOT*

                                A company in Georgia paid $6.5 million to resolve a Justice Department investigation — and, two weeks later, received a $10 million federally backed loan to help it survive the coronavirus crisis.

                                Another company, AutoWeb, disclosed last week that it had paid its chief executive $1.7 million in 2019 — a week after it received $1.4 million from the same loan program.

                                And Intellinetics, a software company in Ohio, got $838,700 from the government program — and then agreed, the following week, to spend at least $300,000 to purchase a rival firm.

                                Another dozen or so collected money even though they have recently reported being able to raise large sums through private means. Several others have recently showered top executives with seven-figure pay packages.

                                *Some companies are choosing to keep the money, revised guidelines be d*mned.
                                “Demolish the bridges behind you… then there is no choice but to build again.”

                                Live Radio from 100.3

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