Anler Posted March 23, 2020 Share Posted March 23, 2020 How much you want to bet there isn't enough pork in it? 1 Quote Link to comment Share on other sites More sharing options...
jtssrx Posted March 23, 2020 Share Posted March 23, 2020 1 minute ago, Anler said: How much you want to bet there isn't enough pork in it? Not enough for the democrats and Pelosi and Shumer killed it Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 23, 2020 Share Posted March 23, 2020 Just now, jtssrx said: Not enough for the democrats and Pelosi and Shumer killed it Derp Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 Just now, jtssrx said: Not enough for the democrats and Pelosi and Shumer killed it Except pelosi isn't in the Senate. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted March 23, 2020 Platinum Contributing Member Share Posted March 23, 2020 Down we go again tomorrow. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 23, 2020 Share Posted March 23, 2020 2 minutes ago, ViperGTS/Z1 said: Down we go again tomorrow. Uh yah Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 Fucking democrats won't exist after the next two elections. 1 Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 21 minutes ago, f7ben said: Derp so what part of his stament do you see as incorrect? Quote Link to comment Share on other sites More sharing options...
jtssrx Posted March 23, 2020 Share Posted March 23, 2020 21 minutes ago, Anler said: Except pelosi isn't in the Senate. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 22 minutes ago, Anler said: Except pelosi isn't in the Senate. 22 minutes ago, Anler said: Except pelosi isn't in the Senate. she still stuck her cunt in to the mix and blew it up Quote Link to comment Share on other sites More sharing options...
Woodtick Posted March 23, 2020 Share Posted March 23, 2020 Damn it. I was going to get new rims for the Hoopty. 2 Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 6 minutes ago, Ez ryder said: she still stuck her cunt in to the mix and blew it up Such power Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 6 minutes ago, Woodtick said: Damn it. I was going to get new rims for the Hoopty. I was going to get some cool linq bags for my new Polaris. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 Just now, Anler said: Such power so you are saying the reports are untrue? Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 Just now, Ez ryder said: so you are saying the reports are untrue? No I'm saying the bitch has alot of power! Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 and so we are clear on this I am not for a blanket deal . at min it should be a loan paid back with your tax returns in a year . 1 Quote Link to comment Share on other sites More sharing options...
Woodtick Posted March 23, 2020 Share Posted March 23, 2020 1 minute ago, Anler said: I was going to get some cool linq bags for my new Polaris. I’m also debating on one of those blow up hot tubs for the front yard? Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 Just now, Woodtick said: I’m also debating on one of those blow up hot tubs for the front yard? Good idea! Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 Just now, Woodtick said: I’m also debating on one of those blow up hot tubs for the front yard? lol my bud has one of those ghetto hot tubs at his cabin . we ran a big coil of 3/4 pex off his wood boiler in the bottem of it for a winter boost . if you take GG up to the UP you have driven by it lol Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 looks like it was not large enough for Nancy. among other things she wants 10g taken off every student loan . because I guess that is what is need to help people hunker down for a month ? Quote Link to comment Share on other sites More sharing options...
Anler Posted March 23, 2020 Author Share Posted March 23, 2020 18 minutes ago, Ez ryder said: looks like it was not large enough for Nancy. among other things she wants 10g taken off every student loan . because I guess that is what is need to help people hunker down for a month ? And $10k off everyone mortgage! Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 23, 2020 Share Posted March 23, 2020 The Democrats don’t want another corporate giveaway. Democrats are the new conservatives. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 23, 2020 Share Posted March 23, 2020 https://unherd.com/2020/03/covid-19-has-exposed-our-financial-fragility/ Of those industries that are now seeking a bailout, none has saved for a rainy day. Boeing, the poster boy of financial engineering and little real engineering, bought back over $100 billion worth of stock over the past few years. Today it is asking the government for a backstop to its borrowing. According to Bloomberg, since 2010, the big US airlines have spent 96% of their free cash flow on stock buybacks. Today, they’re asking US taxpayers for $25 billion. Airline CEOs have been handsomely paid while not saving for a rainy day. Delta Airline’s CEO Ed Bastian made the most, earning nearly $15 million in total compensation. American CEO Doug Parker $12 million, while United CEO Oscar Munoz earned total compensation last year of $10.5 million. FURTHER READING Corporate buyback culture is financial engineering not value creation BY CHARLOTTE PICKLES The cruise liners were little different. Over the past decade, Carnival Cruises paid $9.2 billion dollars in dividends to its billionaire owners and bought back $6.7 billion of shares. Royal Caribbean, which is a smaller company, paid out $2.7 billion in dividends and $1.6 billion in buybacks. And the smallest cruise liner Norwegian Cruise Line spent $1.3 billion on share buybacks. For years, the cruise lines have triumphally proclaimed massive dividends and buybacks. For example, Carnival proudly announced in 2018. “In just three years, we have doubled our quarterly dividend and invested $3.5 billion in Carnival stock.” Cruise lines have no real claim to any bailout. They pay no taxes due to a legal loophole, and all their vessels fly the flags of Liberia, Panama and the Marshall Islands. Furthermore, their owners tend to be billionaires with more than enough financial wherewithal to recapitalise their own businesses. Their shareholders are not among the 1%. They’re among the 0.01% of richest people in the world. In the worst-case scenario, the US has a highly efficient bankruptcy process. Bondholders of today become shareholders of tomorrow, and the companies can have a fresh start. Bondholders would only be more than happy to own the equity of these companies. Banks, too, will inevitably be asking for bailouts before this is over. Banks have among the most aggressive stock buyback programs of any industry, with some repurchasing a staggering 10% of their outstanding shares annually. The eight biggest banks have announced they will suspend their share buybacks for the next two quarters due to the COVID-19 pandemic on the global economy. In 2019, the top eight banks bought back $108 billion of their own stock. If any good can come of the current crisis, perhaps it is exposing the irresponsibility of share buybacks and lack of prudence of most companies. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 23, 2020 Share Posted March 23, 2020 1 hour ago, Mainecat said: The Democrats don’t want another corporate giveaway. Democrats are the new conservatives. lol but they are ok with 10 off student loans. fine I am ok if nothing gets passed . in fact at this point I hope nothing gets done and they can hang it all on Nancy just for sport . Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 23, 2020 Share Posted March 23, 2020 (edited) 1 hour ago, Mainecat said: https://unherd.com/2020/03/covid-19-has-exposed-our-financial-fragility/ Of those industries that are now seeking a bailout, none has saved for a rainy day. Boeing, the poster boy of financial engineering and little real engineering, bought back over $100 billion worth of stock over the past few years. Today it is asking the government for a backstop to its borrowing. According to Bloomberg, since 2010, the big US airlines have spent 96% of their free cash flow on stock buybacks. Today, they’re asking US taxpayers for $25 billion. Airline CEOs have been handsomely paid while not saving for a rainy day. Delta Airline’s CEO Ed Bastian made the most, earning nearly $15 million in total compensation. American CEO Doug Parker $12 million, while United CEO Oscar Munoz earned total compensation last year of $10.5 million. FURTHER READING Corporate buyback culture is financial engineering not value creation BY CHARLOTTE PICKLES The cruise liners were little different. Over the past decade, Carnival Cruises paid $9.2 billion dollars in dividends to its billionaire owners and bought back $6.7 billion of shares. Royal Caribbean, which is a smaller company, paid out $2.7 billion in dividends and $1.6 billion in buybacks. And the smallest cruise liner Norwegian Cruise Line spent $1.3 billion on share buybacks. For years, the cruise lines have triumphally proclaimed massive dividends and buybacks. For example, Carnival proudly announced in 2018. “In just three years, we have doubled our quarterly dividend and invested $3.5 billion in Carnival stock.” Cruise lines have no real claim to any bailout. They pay no taxes due to a legal loophole, and all their vessels fly the flags of Liberia, Panama and the Marshall Islands. Furthermore, their owners tend to be billionaires with more than enough financial wherewithal to recapitalise their own businesses. Their shareholders are not among the 1%. They’re among the 0.01% of richest people in the world. In the worst-case scenario, the US has a highly efficient bankruptcy process. Bondholders of today become shareholders of tomorrow, and the companies can have a fresh start. Bondholders would only be more than happy to own the equity of these companies. Banks, too, will inevitably be asking for bailouts before this is over. Banks have among the most aggressive stock buyback programs of any industry, with some repurchasing a staggering 10% of their outstanding shares annually. The eight biggest banks have announced they will suspend their share buybacks for the next two quarters due to the COVID-19 pandemic on the global economy. In 2019, the top eight banks bought back $108 billion of their own stock. If any good can come of the current crisis, perhaps it is exposing the irresponsibility of share buybacks and lack of prudence of most companies. It’s god damn criminal what the republicans are trying to do here. Edited March 23, 2020 by spin_dry Quote Link to comment Share on other sites More sharing options...
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