When standing in line at the grocery store watching someone play on their $1200 smart phone and then paying for their food with WIC, food stamps or some other form of welfare...no radar required.
You can't tell me that you've never seen this Shawn.
The price of a smartphone and the monthly cost of it are a luxury compared to Trac phone or something similar.
So in the end the working man who is suffering the most get's screwed. I say give the large businesses nothing. Since they already ballooned our deficit with the huge tax cuts they already got and used that money to buy back their stocks.
The working man will suffer when that big corporation he works for is forced to let him go without the loan.
How much do you want to put on the loan? 10% interest, 20%, 50%? How about stock ownership? And oh yeah, we get to tell you how to operate. And you know what, we don't care you had nothing to do with the coronavirus.
It's a fair deal. You agree not to lay anybody off, we'll forgive the loan. If you don't agree, you pay it back at a high rate of interest (I think TARP was like 8% and warrants (ownership) if I remember correctly).
And...to nobody’s surprise, the NYT got it wrong again. Amounts lent to small business that are spent on payroll, rent or utilities will be forgiven. No prohibition against layoffs.
I haven’t seen anything about share repurchase, but in some cases, the government will be demanding equity stakes for large companies
So in the end the working man who is suffering the most get's screwed. I say give the large businesses nothing.
The working man won't be doing any working at all if there are no businesses around to give someone a job.
Trickle down is bullspit. Those large businesses will survive and they will lay people off regardless. If there is no demand from working people there will be no consumers for those businesses.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
and when all is said and done, the G will make **** good money, just like it did with TARP.
What the.... So now you support TARP?
Of course I supported TARP. I worked for an investment bank and I covered life insurance companies. I'm not Tea Party or a socialist/communist/progressive.
That does not sound familiar.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
@ShawnC2 said:
Those corporations are just lazy, Joe. They have $1200 iPhones but didn’t save up for a rainy day?
Yeah...When you are poor and struggling to pay the bills it always makes sense to buy the $1200 phone (financed over a 24 month period) and pay the additional charges for data access.
A refrigerator is a necessity. A phone is also a necessity. An iPhone X is not.
Stop the only person I know who owns a $1,200 phone is my sister and she is rich.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
@Steven said:
Biden characterized the Senate’s coronavirus relief bill as “a plan that let big corporations off the hook,” - WSJ
Off the hook for what? Causing the virus? Spreading the virus?
What is wrong with Libs?
You never met a millionaire you didn't want the government to help. What is wrong with you?
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
@NZ Indicator said:
When standing in line at the grocery store watching someone play on their $1200 smart phone and then paying for their food with WIC, food stamps or some other form of welfare...no radar required.
You can't tell me that you've never seen this Shawn.
The price of a smartphone and the monthly cost of it are a luxury compared to Trac phone or something similar.
How the hell do you know what the phone costs?
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
So in the end the working man who is suffering the most get's screwed. I say give the large businesses nothing. Since they already ballooned our deficit with the huge tax cuts they already got and used that money to buy back their stocks.
The working man will suffer when that big corporation he works for is forced to let him go without the loan.
How much do you want to put on the loan? 10% interest, 20%, 50%? How about stock ownership? And oh yeah, we get to tell you how to operate. And you know what, we don't care you had nothing to do with the coronavirus.
It's a fair deal. You agree not to lay anybody off, we'll forgive the loan. If you don't agree, you pay it back at a high rate of interest (I think TARP was like 8% and warrants (ownership) if I remember correctly).
They will let him go with the loan.
I love it you guys criticize a person making minimum wage for not having 6 months salary saved. But a multiple dollar business can't be expected to handle even 2 weeks operating costs.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
The NYT's has completely lost its credibility since 2016, George. It's not about, you either believe one or you're the other. It's about being open minded enough to realize that you're being lied to. Then seeking the truth elsewhere. If you think this board is the only place that's down on the NYT's and most other MSM, then you need to get outside your comfort zone more.
The saddest part is that because of this. The upcoming generation may never trust the news media again. And for good reason.
Not if they are just going to use it to give bonuses to executives and lay people off anyway.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
@MikeA said:
The NYT's has completely lost its credibility since 2016, George. It's not about, you either believe one or you're the other. It's about being open minded enough to realize that you're being lied to. Then seeking the truth elsewhere. If you think this board is the only place that's down on the NYT's and most other MSM, then you need to get outside your comfort zone more.
The saddest part is that because of this. The upcoming generation may never trust the news media again. And for good reason.
But the Daily Caller and Washington Examiner have credibility?
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
The NYT absolutely seems to chose and feature stories that promote their world view, but I'm not aware of any responsible sources who have made a claim about them publishing false information. I would agree that they probably feel that if Trump is reelected the country is in deep trouble, which to me is fully responsible journalism. Like many of us, Steven seems to be caught in his own echo chamber.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
Sorry I forgot that was W, not Obama. Explains it now.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
Replies
I continue to be amazed at Joe’s iPhone radar. He must have eyes as powerful as an NSA satellite!
When standing in line at the grocery store watching someone play on their $1200 smart phone and then paying for their food with WIC, food stamps or some other form of welfare...no radar required.
You can't tell me that you've never seen this Shawn.
The price of a smartphone and the monthly cost of it are a luxury compared to Trac phone or something similar.
The working man will suffer when that big corporation he works for is forced to let him go without the loan.
How much do you want to put on the loan? 10% interest, 20%, 50%? How about stock ownership? And oh yeah, we get to tell you how to operate. And you know what, we don't care you had nothing to do with the coronavirus.
It's a fair deal. You agree not to lay anybody off, we'll forgive the loan. If you don't agree, you pay it back at a high rate of interest (I think TARP was like 8% and warrants (ownership) if I remember correctly).
And...to nobody’s surprise, the NYT got it wrong again. Amounts lent to small business that are spent on payroll, rent or utilities will be forgiven. No prohibition against layoffs.
I haven’t seen anything about share repurchase, but in some cases, the government will be demanding equity stakes for large companies
You can’t trust anything the NYT says.
Trickle down is bullspit. Those large businesses will survive and they will lay people off regardless. If there is no demand from working people there will be no consumers for those businesses.
That does not sound familiar.
Stop the only person I know who owns a $1,200 phone is my sister and she is rich.
You never met a millionaire you didn't want the government to help. What is wrong with you?
How the hell do you know what the phone costs?
They will let him go with the loan.
I love it you guys criticize a person making minimum wage for not having 6 months salary saved. But a multiple dollar business can't be expected to handle even 2 weeks operating costs.
Another Fox News groupie emerges.
Nobody’s arguing against direct payments to individuals. We need both.
I didn’t realize you believed Trump. This will be many months at the least.
The NYT's has completely lost its credibility since 2016, George. It's not about, you either believe one or you're the other. It's about being open minded enough to realize that you're being lied to. Then seeking the truth elsewhere. If you think this board is the only place that's down on the NYT's and most other MSM, then you need to get outside your comfort zone more.
The saddest part is that because of this. The upcoming generation may never trust the news media again. And for good reason.
Not if they are just going to use it to give bonuses to executives and lay people off anyway.
But the Daily Caller and Washington Examiner have credibility?
Of course it doesn’t sound familiar. That’s because it doesn’t jibe with your head movie.
The NYT has gotten so many things wrong over the last three years, it can’t be trusted.
"Stop the only person I know who owns a $1,200 phone is my sister and she is rich."
Some examples? News reporting, not opinion pieces.
It's been a bit disconcerting watching Steven go from not voting for Trump to a full-blown supporter. Too much Iowa, I think.
The NYT absolutely seems to chose and feature stories that promote their world view, but I'm not aware of any responsible sources who have made a claim about them publishing false information. I would agree that they probably feel that if Trump is reelected the country is in deep trouble, which to me is fully responsible journalism. Like many of us, Steven seems to be caught in his own echo chamber.
No it is because you never said it.
G-d really?
it would be easier to figure out what they got right about Russiagate.
You’re head movie.
1) I worked for an investment bank. Why would I be interested in getting laid off.
2) take sherb’s Word for it. Why would he lie?
Nah. Still not going to vote for him.
Its possible to think both the NYT and Donald Trump are despicable.
The only decent mainstream paper is the WSJ.
Yet you spend half your life defending him.
Sorry I forgot that was W, not Obama. Explains it now.
LOL. I hope you feel better now that your cognitive dissonance has cleared up for a few minutes.