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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The cruise lines shouldn't be getting squat. Flag your ships in the US and pay taxes if you want a bailout.

**** that. Just fire a Harpoon into each of them worldwide and be done with those cesspools.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Shoulda paid up if you wanted product placement, Kep.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Hahahahahaha. Now that’s ****ing great.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The cruise lines shouldn't be getting squat. Flag your ships in the US and pay taxes if you want a bailout.

I would say that to all "American" businesses that have shell offices elsewhere, or use all the tax loopholes to avoid taxes (of course, please close those loopholes, USA).
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

CNBC earlier this morning in an interview with Labor Secretary Gene Scalia... (paraphrased)

CNBC: The media seems to be discussing all the problems with the rollout of the program, are there problems?

LaborSec: It's a great program, everything of this scale is going to have issues, but the amount of loans being approved really show how quickly we're getting money into the hands of small businesses.

CNBC: With the banks being the gate keepers, are there bad actors who are holding things up?

LaborSec: I can't comment on if there are individual banks being 'bad actors,' but we've gotten billions into the hands of small businesses in a short amount of time.

CNBC: Thanks LaborSec. After this break, we're going to talk to a small business owner who had to lay his entire staff off because his bank doesn't know how to distribute the federal funds.


Wooooooowwww. The shade thrown on SquawkBox.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

CNBC earlier this morning in an interview with Labor Secretary Gene Scalia... (paraphrased)

CNBC: The media seems to be discussing all the problems with the rollout of the program, are there problems?

LaborSec: It's a great program, everything of this scale is going to have issues, but the amount of loans being approved really show how quickly we're getting money into the hands of small businesses.

CNBC: With the banks being the gate keepers, are there bad actors who are holding things up?

LaborSec: I can't comment on if there are individual banks being 'bad actors,' but we've gotten billions into the hands of small businesses in a short amount of time.

CNBC: Thanks LaborSec. After this break, we're going to talk to a small business owner who had to lay his entire staff off because his bank doesn't know how to distribute the federal funds.


Wooooooowwww. The shade thrown on SquawkBox.

Trump just said yesterday at his press conference that there are no issues. CNBC is fake news.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

CNBC earlier this morning in an interview with Labor Secretary Gene Scalia... (paraphrased)

CNBC: The media seems to be discussing all the problems with the rollout of the program, are there problems?

LaborSec: It's a great program, everything of this scale is going to have issues, but the amount of loans being approved really show how quickly we're getting money into the hands of small businesses.

CNBC: With the banks being the gate keepers, are there bad actors who are holding things up?

LaborSec: I can't comment on if there are individual banks being 'bad actors,' but we've gotten billions into the hands of small businesses in a short amount of time.

CNBC: Thanks LaborSec. After this break, we're going to talk to a small business owner who had to lay his entire staff off because his bank doesn't know how to distribute the federal funds.


Wooooooowwww. The shade thrown on SquawkBox.

My buddy's banker openly tried to talk him out of applying saying his bank would not approve most loans. (Specifically in this case the PPP) Then an hour later his banker called again and said that the bank was no longer participating. (I was at his office all day I watched the whole thing unfold) Thankfully one of his businesses is a franchise and corporate has a banker they recommend and he will still get what he needs most likely but there is no way to spin this in a positive way. (though it is high comedy watching Trump and Mnuchin try)
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

So, Dump has delivered a botched public health emergency and a self-induced recession. Any way he can get us a disastrous military commitment for the Woodrow Wilson Hat Trick?
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

So, Dump has delivered a botched public health emergency and a self-induced recession. Any way he can get us a disastrous military commitment for the Woodrow Wilson Hat Trick?

Democrat public health emergency and Democrat-induced recession. Dems will lead him into war, too. ;)
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

If this is a Depression ultimately instead of just a recession we are all ****ed. And the way this is being handled is going to result in exactly that.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Rant...a company I used to work for laid off 21% of their staff (roughly 3,000 people) during the 08-09 downturn. I just found out today that they laid off 25% of staff in the past week. Capitalism is a cancer. They have over a billion dollars salted away and one of their vaunted executives bankrolled a sports team we all know. Largest principle investor at 250 million. It’s more important to keep stock prices up than to treat employees as if they are human beings with families.

I wish there would be blowback for moves like this but there won’t be.
End of rant.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

If all those Democrat governors hadn't shut their entire states down because of the media hyping panic.......

We just arent magical enough. This is like Faith Healing...if we dont believe hard enough it wont work!

If we all just thought like Trump the virus would be gone ;)
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">"The trading desk will be in the office unless they have a medical condition with a dr’s note," one e-mail read <a href="https://t.co/lTGTDfrNah">https://t.co/lTGTDfrNah</a></p>— Bloomberg (@business) <a href="https://twitter.com/business/status/1247531873607102469?ref_src=twsrc%5Etfw">April 7, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The more I think about it
Ol' Billy was right
Let's kill all the bankers
Kill 'em tonight
 
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