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Post by 🤯 on Mar 13, 2020 21:01:17 GMT
Nothing about AOC looks terrible. Have you looked at her!? When I see her I just wanna throw dollars in the air and make it rain. Stimulate the economy. Would be the best political ad I've ever seen.
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Post by c on Mar 17, 2020 18:26:04 GMT
US debt doing to 2 trillion by end of the month. Remember when Trump said he would get rid of it?
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Post by 🤯 on Mar 17, 2020 23:36:26 GMT
US debt doing to 2 trillion by end of the month. Remember when Trump said he would get rid of it? Remember when Trump predicted Covid-19 and its impact when making his proclamation about the national debt?
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Post by c on Mar 18, 2020 5:49:57 GMT
Remember when Trump cut 2.3 trillion in taxes...
Reagan, Bush Sr, Bush Jr, Clinton or Obama all faced public health epidemics themselves. It happens to every president. Trump was the only one who believed he could do nothing and be ok. He claimed to be the great negotiator who would make deals to get rid of the debt. Instead he will leave us with the highest debt in this nation's history. Fuck most of the money going out is being paid to companies who suffered huge losses from buying back their own stock instead of investing in disaster funding. When this hit, their stocks too a loss and now they are strapped for cash so we will give them billions to make sure their administration gets their million dollar bonuses for a job well done.
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Post by c on Mar 18, 2020 7:45:06 GMT
Gonna take my boomer flu money and drop it into SPY puts. Now way the economy recovers on its own in three weeks when more aid is likely with the GOP split about even bailing out the airports. Autistic trading sees this as a safe bet and those kids are making fortunes betting against the market.
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Post by c on Mar 18, 2020 21:42:42 GMT
Stock market almost lost all of it's gain since Trump got into office. If it does not recover, Trump is highly unlikely to win reelection. Almost impossible for a Republican to win on a down market.
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Post by CM Punk'd on Mar 18, 2020 21:48:48 GMT
Stock market almost lost all of it's gain since Trump got into office. If it does not recover, Trump is highly unlikely to win reelection. Almost impossible for a Republican to win on a down market. And if it keeps going, it'll wipe out everything gained by the last TWO admins.
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Post by Deleted on Mar 18, 2020 22:20:05 GMT
Stock market almost lost all of it's gain since Trump got into office. If it does not recover, Trump is highly unlikely to win reelection. Almost impossible for a Republican to win on a down market. This is great. Biden won't even know what room to sleep in at the White House.
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Post by Michinokudriver on Mar 19, 2020 2:02:49 GMT
I haven't seen you post any tiddies, anime or otherwise. It's not Corona-chan, but perhaps it'll influence your Japan commute soon. {Spoiler} psst... i think he wanted you to post your tiddies
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Post by c on Mar 19, 2020 4:21:56 GMT
GOP is pushing back hard on the airlines. Some are seriously ready to let them fail. Insane. They are not even trying to mince words. A lot of pissed they did not create jobs or manufacturing demand after the taxcut and blew their last two bailouts on investments in their stock. I am sure the shitty quality of flights they offer now plays into it as well as not all get to fly first class. Mitch is whipping hard but he may not have the support for bailing out business in the third bailout alone in even the Senate and democrats refuse to give free cash just to see companies for a third time take the losses and spend the money on bonuses and investing. Crazy to see people break so hard from party line.
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Post by c on Mar 19, 2020 4:41:33 GMT
Income limits for checks in the US are looking to be 75000 for solo filers and 150000 for joint filers. 1000 per person still seems likely with bonuses for dependents also likely. The income limits may go down but appears budget hawks reappeared and are looking really hard at not giving money where it is not needed this time around.
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Post by iNCY on Mar 19, 2020 5:02:06 GMT
I am really surprised Pelosi is going to fight Trumps hand out. What's the logic there?
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Post by c on Mar 19, 2020 17:36:58 GMT
Great clip of Bernie going off on a CNN reporter out there. He was asked if he was still resigning and told the guy, "I'm dealing with a fucking global crisis."
But Bernie is done Biden will be the pick, likely with Warren as VP as a concession.
Nothing I read said Pelosi was fighting the bailout. Democrats have a list of amendments they will require to sign on to it. Basic list is:
The money should be used to continue to employ the workforce. They cannot take the money and still do mass layoffs.
Since they heard this game before, the following restrictions and compliance measures are wanted to ensure they cannot use this money for other means.
Ban on stock buybacks for x years. Ban on executive bonuses or compensation for x years. Ban on political spending for x years. Repayment should the money be found to have misused. A congressional board with subpoena power to investigate compliance.
GOP will demand:
Income cap for personal bailouts. Grants to only businesses under 500 people. Loans to businesses with over 500 people.
Which is the same as a democratic bailout basically which has me shook a little.
Then things get partisan with others wanting companies who accept money to raise their pay to 15 an hour minimum at the end of the crisis, have collective bargaining rights for employees and require the shareholders approve political messaging. Also a review of layoff requests via the compliance board before they are enacted. GOP wants a ban on the money being used for abortions.
The partisan stuff will never make it but the rest also deals with the GOP hang ups on bailing out some industries who were bailed out last time then need to be bailed out now from misusing the money from first bailout.
But this is a centralist bill at heart, the tea party and socialists will reject it but the majority will support it. Nancy certainly will.
This is basically a non-story right now. Mitch is writing it as it is chance to end his tenure on a super high note. He will be the guy who saved America basically. Which is why he is writing a centralist bill at heart. But Nancy and the dems are concerned he is not giving details about it to them, and they are concerned weird shit will be hidden in it, like not using any government money for abortions (which includes emergency contraceptives).
The spoiler is Trump. His plan is fucking radical. He wants to raise money for companies in exchange for shares and make the US a shareholder. His thinking is he gave them the largest tax cut in history, and they wasted it. So now if we give them this money the government should get some say in the business to prevent them from running them into the ground. No one will support this, but it is an interesting idea that encourages saying them, as the government could sell the stock at a gain at a later time if needed. Interesting concept but the logistics of it are a bit crazy and it will be outright dismissed. But for Trump, this money comes with strings. If they misuse it, and he is reelected, there will be hell to pay.
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Post by KING KID on Mar 19, 2020 17:56:24 GMT
c, you come off as a fucking nut job with your daily 'OMG THE WORLD IS GOING TO FUCKING END BC OF TRUMP' posts. Just saying. You seem knowledgable most of the time, but lately you've went into full panic psychopath mode and it's starting to irritate me.
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Post by c on Mar 19, 2020 20:13:53 GMT
Um... I thought Trump had a good idea here. It is crazy because the US never did anything like it where it invested directly in a company it bailed out. Also Trump is basically the sole reason anyone is getting money. He supports it. If he did not Mitch would kill it.
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Post by c on Mar 20, 2020 4:10:06 GMT
Def looks like Mitch is all in this bailout being his legacy and wants to do it as a centralist. He put a cap on executive pay into the bill. Companies that take bill have to cap executive pay at $425000 for two years unless a union argument was made prior to March 1st. The money will not be free and he is adding in wording to support Trump's idea of the government making a profit from this so businesses may be selling equity to the government and not just taking loans. They are still negotiating stock buyback and layoff protection. It is clear their request for grants was denied, Mitch said it on the Senate floor. What may happen is they will sell the government the stock or other equities and allow buybacks only from the government until they buy it all back or two years pass. This is also likely to be the future of US bailouts. No more free money with no strings. No more simple loans. May be the best thing Trump came up with in his presidency. Should the government use the stock option even if companies buy back their stock the value of the government holdings would likely increase as the stock volume is reduced, acting as a check. That said these rules only apply to Airlines. The hotel and tourism industry also want 150 in direct grants but that is a thorny area as Trump is a stakeholder there on both sides now. Giving different treatment to the airlines over the hotel industry will likely see the Dems vote the bill the down and they may not even be able to pass it in the Senate. Taking the hit will allow Trump to have the moral high ground though something he rarely has. Post presidency his brand will be stronger than ever so he can take it. Non-salary compensation will be a point of dispute, but if Mitch includes that he will trap the Democrats. He will include two of their requests in the first GOP draft and will be awful looking if the Dems blocked Americans getting cash after getting the three things they wanted from the get go without even having to fight for them. Dems want a layoff ban, but that is not really feasible if companies legit need to downsize. www.cnbc.com/2020/03/19/coronavirus-bailout-senate-gop-bill-caps-executive-salaries-at-425000.htmlMissed other stuff. 300 billion for small businesses (500 or less employees) in loans. Should they maintain payrolls for a set number of years (likely two) they will be forgiven. If not they will have to repay them. 1200 to Americans, plus 500 for each dependent. Tomorrow he opens the bill the bill to the floor. Tea party is pissed but Mitch plans to whip them hard. If he even gets the Biden democrats to support this he does not need them anyway. Progressive dems may not support it but the more centrist ones will. And with that Mitch looks to have regained control of the party from the tea party. thehill.com/homenews/senate/488527-mcconnell-introduces-third-coronavirus-relief-proposalSo far nothing in these notes includes the Hotel and Tourism industry. An interesting omission and one that may have been axed by Trump himself.
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Post by c on Mar 20, 2020 4:28:15 GMT
Also it turns out William Burr (R-NC) sold off his stock a week before the market crashed. Fox News is demanding he be investigated for insider trader and demanding he resign. He is a shady motherfucker as it is and this absolutely looks like insider trading. He privately told people as well this will look like the 1918 pandemic in the very near future while publicly saying the US will contain it. NPR released the tape. Kelly Loeffler (R-Ga) also started to sell stock after the first closed door meeting the Senate had, while also saying it will be contained. Dems are on her hard. AOC and Castro have demanded the Senate Ethic's Committee investigate and stand trial for insider trader. www.usatoday.com/story/news/politics/2020/03/19/reports-burr-loeffler-sold-stocks-ahead-coronavirus-marketcrash/2882006001/I would be shocked if they were the only two to dump stock after hearing about how the US would not likely contain this in the closed door hearings. When these two dumped stock the market was still a bill market and rising, which is why so many autists on reddit are now millionaires as anyone who could took out massive puts allowing them to sell stock last week and this week at Feb prices.
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Post by iNCY on Mar 20, 2020 5:21:40 GMT
Also it turns out William Burr (R-NC) sold off his stock a week before the market crashed. Fox News is demanding he be investigated for insider trader and demanding he resign. He is a shady motherfucker as it is and this absolutely looks like insider trading. He privately told people as well this will look like the 1918 pandemic in the very near future while publicly saying the US will contain it. NPR released the tape. Kelly Loeffler (R-Ga) also started to sell stock after the first closed door meeting the Senate had, while also saying it will be contained. Dems are on her hard. AOC and Castro have demanded the Senate Ethic's Committee investigate and stand trial for insider trader. www.usatoday.com/story/news/politics/2020/03/19/reports-burr-loeffler-sold-stocks-ahead-coronavirus-marketcrash/2882006001/I would be shocked if they were the only two to dump stock after hearing about how the US would not likely contain this in the closed door hearings.  When these two dumped stock the market was still a bill market and rising, which is why so many autists on reddit are now millionaires as anyone who could took out massive puts allowing them to sell stock last week and this week at Feb prices. Let me put it this way, if you saw Coronavirus coming down the road and you didn't see your stocks, you are a retard with no business in the government of the nation. This is the world's slowest motion shit show, to be surprised by it... I have no words.
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Post by c on Mar 20, 2020 6:02:24 GMT
The Stock Act makes it illegal to sell stock based on information obtained during your duties as a Senator that is not made public. Because they sold after the closed door meeting where they were briefed that the economy was likely to collapse while publicly stating that there was not crisis coming they shot themselves in the foot for saying anyone could see the market crash coming. The market certainly did not see it coming based on the information they had as a whole.
There are very few defenses when accused. Planned trades is the rock solid one, followed by third party manager of your assets with no knowledge is the one most use, but that is not a very strong defense as your manager could have been tipped off and covering for you. But reacting to the information you just received before the market does is not one of them nor is the everyone could see it coming defense.
It is a pretty major offense that they did and both are likely to see jail time for it. Chris Collins was sentenced for two years for selling off stock in a company after he learned an MS drug failed the clinical trials.
Basically they would have been safe selling at the first sign of market movement or by not making the statements that the virus was not a seriously threat. But selling before the market moved and saying things were ok while acting otherwise screws them so hard.
Ron Johnson, R-Wis., and Jim Inhofe, R-Okla are also under fire for selling stock after closed door meetings. This is the second time Inhofe has been accused of this.
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Post by 🤯 on Mar 20, 2020 11:37:00 GMT
Go AOC! I'm behind your hot behind taking all these greedy crooks to task! While you're at it, SHOW US YER TITS!!!
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Post by c on Mar 20, 2020 14:38:10 GMT
Dianne Feinstein got hit for stock selling. She has always been filthy. She is claiming blind trust, the usual defense.
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Post by c on Mar 20, 2020 21:25:33 GMT
Well RIP stimulus package. No unemployment insurance and no money to the disabled / elderly. Dems will likely vote it down in the house and without dem support, it is unlikely to even pass the Senate. Only support for the bill is from centrist republicans. Sliding scale payment is awful looking as well, as those who make more will get twice as much as those getting min wage or less.
Also weird Trump and Mnuchin are saying 1000 while it is 600 for most people.
Crazy news this morning all around about this.
Calls for a bailout for mid and large scale businesses came in saying they too should have access to the same deal the smaller companies are getting with grants.
Dems are trying to get election security into the bill. Really guys?
Also calls for a huge stimulus to go to hospitals and another try to push medicare for all.
Trump closed Mar-A-Lago and a lot of his other property including the golf courses. He also is cutting staff in line with the rest of the industry.
Vote on Sunday for the bill with the two sticking points the GOP will consider being hospital funding and unemployment benefits. Would be surprised if it passed even with those two being added though excluding the elderly and disabled looks really ugly.
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Post by iNCY on Mar 21, 2020 0:08:14 GMT
Well RIP stimulus package. No unemployment insurance and no money to the disabled / elderly. Dems will likely vote it down in the house and without dem support, it is unlikely to even pass the Senate. Only support for the bill is from centrist republicans. Sliding scale payment is awful looking as well, as those who make more will get twice as much as those getting min wage or less. Also weird Trump and Mnuchin are saying 1000 while it is 600 for most people.  Crazy news this morning all around about this. Calls for a bailout for mid and large scale businesses came in saying they too should have access to the same deal the smaller companies are getting with grants. Dems are trying to get election security into the bill. Really guys?  Also calls for a huge stimulus to go to hospitals and another try to push medicare for all.  Trump closed Mar-A-Lago and a lot of his other property including the golf courses. He also is cutting staff in line with the rest of the industry.  Vote on Sunday for the bill with the two sticking points the GOP will consider being hospital funding and unemployment benefits. Would be surprised if it passed even with those two being added though excluding the elderly and disabled looks really ugly.  Brave Dems who deny their voters money on an ideological ground. The real problem is how many employers survive this? People aren't going to take loans to pay rent and fixed costs. Most businesses are barely profitable and would never pay the loan back. Most small business will cut and run... Unless governments can give people a rent holiday as well as other fixed costs like insurance etc. If small business tanks, the country is screwed
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Post by 🤯 on Mar 21, 2020 0:09:27 GMT
Well RIP stimulus package. No unemployment insurance and no money to the disabled / elderly. Dems will likely vote it down in the house and without dem support, it is unlikely to even pass the Senate. Only support for the bill is from centrist republicans. Sliding scale payment is awful looking as well, as those who make more will get twice as much as those getting min wage or less. Also weird Trump and Mnuchin are saying 1000 while it is 600 for most people.  Crazy news this morning all around about this. Calls for a bailout for mid and large scale businesses came in saying they too should have access to the same deal the smaller companies are getting with grants. Dems are trying to get election security into the bill. Really guys?  Also calls for a huge stimulus to go to hospitals and another try to push medicare for all.  Trump closed Mar-A-Lago and a lot of his other property including the golf courses. He also is cutting staff in line with the rest of the industry.  Vote on Sunday for the bill with the two sticking points the GOP will consider being hospital funding and unemployment benefits. Would be surprised if it passed even with those two being added though excluding the elderly and disabled looks really ugly.  Brave Dems who deny their voters money on an ideological ground. The real problem is how many employers survive this? People aren't going to take loans to pay rent and fixed costs. Most businesses are barely profitable and would never pay the loan back. Most small business will cut and run... Unless governments can give people a rent holiday as well as other fixed costs like insurance etc. If small business tanks, the country is screwed How you feeling, brudda? How's pops?
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Post by iNCY on Mar 21, 2020 1:08:01 GMT
Dads home but looks like crap. The lady rung me from the health department and I only have a day or two of isolation left.
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Post by c on Mar 21, 2020 2:16:07 GMT
Well RIP stimulus package. No unemployment insurance and no money to the disabled / elderly. Dems will likely vote it down in the house and without dem support, it is unlikely to even pass the Senate. Only support for the bill is from centrist republicans. Sliding scale payment is awful looking as well, as those who make more will get twice as much as those getting min wage or less. Also weird Trump and Mnuchin are saying 1000 while it is 600 for most people. Crazy news this morning all around about this. Calls for a bailout for mid and large scale businesses came in saying they too should have access to the same deal the smaller companies are getting with grants. Dems are trying to get election security into the bill. Really guys? Also calls for a huge stimulus to go to hospitals and another try to push medicare for all. Trump closed Mar-A-Lago and a lot of his other property including the golf courses. He also is cutting staff in line with the rest of the industry. Vote on Sunday for the bill with the two sticking points the GOP will consider being hospital funding and unemployment benefits. Would be surprised if it passed even with those two being added though excluding the elderly and disabled looks really ugly. Brave Dems who deny their voters money on an ideological ground. The real problem is how many employers survive this? People aren't going to take loans to pay rent and fixed costs. Most businesses are barely profitable and would never pay the loan back. Most small business will cut and run... Unless governments can give people a rent holiday as well as other fixed costs like insurance etc. If small business tanks, the country is screwed The democratic plan is for $4000 per household. Trump's plan is for $2000. Both cover non-working people. Mitch's plan is the lowest and the only one that fucks the elderly and disabled. Mitch's plan also gives money to households making 150 to 200k a year. His plan is the only one as well that pays the upper middle class more than the poor.
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Post by Michinokudriver on Mar 21, 2020 16:17:51 GMT
Dianne Feinstein got hit for stock selling. She has always been filthy. She is claiming blind trust, the usual defense. I know I'm going to come across like a Dem bot, and at first I was ready to pick up the pitchfork and torch too, but I think she might be okay here.
SHE SOLD OFF HER HOLDINGS IN A BIOTECH STOCK. If you had insider knowledge that the virus was in fact not under control and soon would sweep across the country, wouldn't you buy buy buy in pharma research and not get rid of it?
Or she is the most inept insider trader like ever.
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Post by KING KID on Mar 21, 2020 16:25:17 GMT
Brave Dems who deny their voters money on an ideological ground. The real problem is how many employers survive this? People aren't going to take loans to pay rent and fixed costs. Most businesses are barely profitable and would never pay the loan back. Most small business will cut and run... Unless governments can give people a rent holiday as well as other fixed costs like insurance etc. If small business tanks, the country is screwed The democratic plan is for $4000 per household. Trump's plan is for $2000. Both cover non-working people. Mitch's plan is the lowest and the only one that fucks the elderly and disabled. Mitch's plan also gives money to households making 150 to 200k a year. His plan is the only one as well that pays the upper middle class more than the poor. Does this plan cover people who are still being forced to work?
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Post by c on Mar 21, 2020 16:30:53 GMT
Bailout bill reported now over 2 trillion dollars.
Also current plan is for the stimulus checks to be from your 2020 tax liability. So you will get a portion of your 2020 tax refund now, instead of getting it all at once next year.
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Post by c on Mar 21, 2020 16:34:47 GMT
The democratic plan is for $4000 per household. Trump's plan is for $2000. Both cover non-working people. Mitch's plan is the lowest and the only one that fucks the elderly and disabled. Mitch's plan also gives money to households making 150 to 200k a year. His plan is the only one as well that pays the upper middle class more than the poor. Does this plan cover people who are still being forced to work? Yeah, this is for everyone making under 100k a year or 200k married right now. It looks like it will be drawn from your 2020 refund though, which is why the work requirement is there.
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