Stimulus & Bailout Watch Thread

Reece

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man can some phd people come up with a different economic system?
i'm only 29 and we've been on the brink of complete economic collapse twice now. this shyt is getting old :camby:

You can’t fix human behavior.

Interest rates were super low for ten years because we wanted to fix the economy. Banks, large companies, small businesses and people took on debt because it was so cheap to borrow. This will always happen every single time you have rates so low. No matter the decade. Everything is fine UNTIL there’s a drawback and SUDDENLY the debt that was so cheap to borrow can no longer be paid back. It’s the same story every time. Every. single. time.
 
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winb83

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Some of these companies were completely irresponsible during the best of times and now that shyt hits the fan they wanna run to the government and beg for help. I'm not saying they can't do stock buybacks and dividends but take a lil bit of that money each quarter and put it away for a rainy day.
 

Pressure

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Some of these companies were completely irresponsible during the best of times and now that shyt hits the fan they wanna run to the government and beg for help. I'm not saying they can't do stock buybacks and dividends but take a lil bit of that money each quarter and put it away for a rainy day.
That's not socialism.

:yeshrug:
 

winb83

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That's not socialism.

:yeshrug:
They're gonna essentially get interest free loans from the government. The last time that happened it was said the government lost taxpayer's money adjusted for inflation. It must be nice to just fukk around all you want then when it all goes to crap know the government will save you. If I mess up on my financial responsibilities I'm out on the streets.
 

Pressure

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They're gonna essentially get interest free loans from the government. The last time that happened it was said the government lost taxpayer's money adjusted for inflation. It must be nice to just fukk around all you want then when it all goes to crap know the government will save you. If I mess up on my financial responsibilities I'm out on the streets.
Calling it socialism isn't going to make people think it's socialism.

It's a continued effort by the left in losing the messaging battle.

Providing social welfare for the disadvantaged isn't socialism. The left has allowed conservatives to call it that and are now spending all they time trying to convince people how socialism is okay while also why calling low interest loans, a form of corporate welfare, socialism and decrying it as bad.

It's just messy and detracts from the entirely valid point that the government should do more benefit struggling Americans during tough times. :ehh:
 

fact

Fukk you thought it was?
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How you gonna ROFL with a hollow back?
Yea my baby mama out too. They need to drop the bag off before she gets any new ideas. :francis:
I was lucky in that we were already engaged when she lost her benefits, so we went to the courthouse (still accrued 27k in med debt in 3 weeks without her benefits). If you ain't ready for that paperwork...........God Bless
 
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