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What counts as a Marxist policy? I have no problem requiring the airlines to do no stock buybacks for a period of years in exchange for their second bailout in 20 years.
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How about this instead of Marxist -- I do not think that Congress should be attempting to legislate and implement policy unrelated to bailout through the bailout. There should be no mandated employee seat on the board. There should be no mandated minimum wage. I don't think they should mandate any salary or bonus structure. This is plainly -- and disgustingly -- using this disaster to advance the Warren-Sanders agenda. Fuck her. Sideways.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good. -
Marxist policies? ........ this is a time when arguably, you need government.
I'm with Mark Cuban on this. Following the 2008 financial crisis the executives of the banking and financial industry that were bailed out by the government made off like bandits......laughing all the way to the bank. Meanwhile folks lost their homes, their jobs, everything.
No soup for you, mother fuckers.
That has to not happen this time around.Mission to CFB's National Championship accomplished. But the shine on the NC Trophy is embarrassingly wearing off. It's M B-Ball ..... or hockey or volley ball or name your college sport favorite time ...... until next year.Comment
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The Imperial College Disease Modeling paper:
"The problem with quotes on the Internet is that it is sometimes hard to verify their authenticity." -Abraham LincolnComment
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BTW, just to make sure we're clear -- the Obama Bailouts were, in part, a successful investment in that the government made money off of most of the deals: https://money.usnews.com/investing/a...ayers-billionsDan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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No matter what our government does, it likely won't be enough. The economy is simply too large to be able to bail it out if it shuts down for a sustained period of time.Comment
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"The problem with quotes on the Internet is that it is sometimes hard to verify their authenticity." -Abraham LincolnComment
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Ok, that's fair enough. And depending on the sector I'm okay with virtually-no-strings-attached bailouts. Hospitality and Restaurants, for example. Small businesses.Originally posted by iam416 View Post
But the airlines? Boeing? Casinos? God forbid we get this far but...the banks? Naw, son. We're laying down some rules for those. Or at least opportunities like the auto bailout to make money for the govt.Comment
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Yep. And when we're done with this, there will be calls for a "New Deal" of sorts and we'll completely remake our economy into something that is much worse than it is today. The Ds see their chance. They are going to leverage this into Sandersland.No matter what our government does, it likely won't be enough. The economy is simply too large to be able to bail it out if it shuts down for a sustained period of time.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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I don't think any of this should be free money. Ok, for small businesses, maybe. But, for Fortune 500 or Fortune 1000 or whatever -- yeah, of course, this is an investment. Just like it was with the Obama Bailouts.Or at least opportunities like the auto bailout to make money for the govt.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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Speaking of the early Obama years, during the '09 recession the economy contracted by a little over 2% for the year. The estimates that I have seen for the first half of the year range from 5% to 10% contraction. It's going to be an exceedingly shitty economic year unless restrictions are lifted and the economy recovers quickly.Comment
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How much did it contract during 2008? As I recall, the recession was from end of 3Q '08 to '09.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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Off on a tangent but talk about a company having a bad year? Boeing is down almost 75% from its 52 week high
Was hoping this could be a calm day but woke up to another "futures trading halted" sorta morningComment
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Welp, Boening can just go out of business and the Federal Government can step in. EZPZ.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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Boeing's "too big to fail" and has Nat Sec implications. Not that I have any sympathy for the people running things there.Comment
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Well, I don't know if it's "too big to fail." I don't know if any airline is, either. What I do know is that their catastrophic plunge is due to a once-in-a-century (or, if Hanni turns out to be correct, once-in-a-decade) disease and the reaction thereto. Unlike the financial bailout, there's no culpability. Unlike the auto bailout, there's no culpability. These are industries built on travel and that foundation has been blown up.
And while I'm sure the people "running things" are just fine, the companies that are getting blown the fuck up have employees by the fuckton. I think it'd be nice if they have jobs to return to when and if we ever return to normalcy. I think it'd be nice that we have air travel available to us when and if we ever return to normalcy.
I'm fair less sympathetic to fucktwats who found themslves proper fucked as a result of their own decisions or, at a minimum, partially a result of their own decisions. I just don't think that's the case here. Really, for anyone. The economy was humming like a motherfucker until some knucklehead in China ate or otherwise engaged with a bat. Now, here we are.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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