Stimulus & Bailout Watch Thread

[ADevilYouKhow]

Coronavirus Live Updates: White House Rejected C.D.C. Reopening Guidelines, Asking for Revisions

 

[ADevilYouKhow]

3.2 Million Filed for Unemployment Benefits Last Week: Live Updates

 

[88m3]

Bloomberg

Stimulus loans meant to help small businesses are going to U.S. coal companies.

Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble.

About this website

BLOOMBERG.COM

The Coal Industry Got $31 Million in U.S. Stimulus Loans Meant for Small Business
Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble.

 

[Ethnic Vagina Finder]

Bloomberg

Stimulus loans meant to help small businesses are going to U.S. coal companies.

Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble.

About this website

BLOOMBERG.COM

The Coal Industry Got $31 Million in U.S. Stimulus Loans Meant for Small Business
Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble.

There were companies that got over $100 million in aid even though they had cash reserves. Even with zero revenue. Some have enough to last through the end of the year.


The lack of oversight on this was a tell tale sign that funds were not going to be dispersed appropriately.

 

[Uitomy]

One thing I don't understand about bailing out these corporations is how are they going to last when like, they're losing consumers by the millions, I mean shyt how much money can they keep burning?

 

[BK The Great]

 

[voltronblack]

 

[the cac mamba]

we're 25 trillion dollars in debt where the fukk are they getting the money to give everyone 2 grand a month? why do people who are working from home need that? myself included

i'll take it, but jesus

 

[NkrumahWasRight Is Wrong]

Good starting negotiation point

 

[NkrumahWasRight Is Wrong]

we're 25 trillion dollars in debt where the fukk are they getting the money to give everyone 2 grand a month? why do people who are working from home need that? myself included

i'll take it, but jesus

Youre gonna want to buy a house dude

Fixed low rate mortgage with all that dough..

If inflation occurs rent is gonna follow

But that fixed mortgage is gonna look

 

[BK The Great]

People need money now They might have to do this. I know it's gonna hurt to print all this money out but this is a real desperate time we're going thru right now.

 

[BigMoneyGrip]

we're 25 trillion dollars in debt where the fukk are they getting the money to give everyone 2 grand a month? why do people who are working from home need that? myself included

i'll take it, but jesus

Does it matter at this point? It’s going to take a decade or more to stabilize... might as well borrow as much as we can now since trump drove this country off a fukkin cliff

 

[NkrumahWasRight Is Wrong]

People need money now They might have to do this. I know it's gonna hurt to print all this money out but this is a real desperate time we're going thru right now.

Honestly though at some point a line has to be drawn and not crossed

Some people might have to take Ls

2k per month for everyone on top of everything else already done is a fukking lot

 

[BK The Great]

Honestly though at some point a line has to be drawn and not crossed

Some people might have to take Ls

2k per month for everyone on top of everything else already done is a fukking lot

I agree it's a lot of money but if people will spend it won't it help the economy? The damage might be done already with states closed for almost 2 months. We're already getting warnings stating it's gonna take years to get out of this mess. It might be 10x worse that the 2008 recession when it's all said and done. 33 Million people are out of work. When have we ever seen that in our lifetimes?

 

[NkrumahWasRight Is Wrong]

I agree it's a lot of money but if people will spend it won't it help the economy? The damage might be done already with states closed for almost 2 months. We're already getting warnings stating it's gonna take years to get out of this mess. It might be 10x worse that the 2008 recession when it's all said and done. 33 Million people are out of work. When have we ever seen that in our lifetimes?

Its unprecedented sure

But at some point they are going to cut the safety net. Social security, medicare etc. That cant happen

Question..if everyone gets 2k..what happens to medicaid and food stamp eligibility? Theyre all gonna be over the amount of funds. Unless they somehow make that money exempt (?). Idk how the fukk they would calculate that