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Democrats block aid bill because it doesn't include "Corporate diversity requirements"
invite response
2020 Mar 23, 5:13pm 1,333 views 20 comments
Comments 1 - 20 of 20 Search these comments
2
FortwayeAsFuckJoeBiden
2020 Mar 23, 6:59pm
This is fucked up, I hope those fuckers get shot for this shit!!!
4
FortwayeAsFuckJoeBiden
2020 Mar 23, 7:27pm
I got that email. Those people holding America hostage are pieces of shit.
Your party is trash Democrats I hope you know that. Keeping people in poverty to get more trannies on boards is some fucked up shit!!!
Your party is trash Democrats I hope you know that. Keeping people in poverty to get more trannies on boards is some fucked up shit!!!
5
thenuttyneutron
2020 Mar 23, 8:03pm
thenuttyneutron
2020 Mar 23, 8:03pm
The last time I checked, free market capitalism is not supposed to have bailouts. If the Democrats want to demand stupid shit and it stops us from picking winners and losers with a bailout, I am going to cheer them on!
The only way to curb and correct bad behavior is to allow the markets to punish mistakes with economic loses. If a company needs liquidity, they can perform an equity offering or borrow the money. If they go insolvent, let chapter 11 bankruptcy cleanse them of the bad debt, wipe out the equity holders and give the ownership to the creditors. Let the Covid 19 become a well studied event that is taught in business schools as to why it is important to have savings on hand to weather the occasional bad times.
The constant market intervention is nothing more than the rich trying to maintain the status quo and to socialize the losses. Our economy would be on a much better footing if we allowed incompetence to be punished. Many of these companies foolishly borrowed money to purchase their own stock back.
These market distortions from the central banks and governments do massive damage. They prevent the economy from ever achieving its full potential. The system that we have is not free market capitalism and we must abandon our current system if we are ever to get an efficient economy going again.
NO BAILOUTS!
I am also not convinced that the massive shutdown is better than accepting the surge in deaths. It is a terrible tragedy if you happen to be the one that dies from Covid 19. Many people will die if we allow the virus to keep spreading. What about the damage being dome by the shelter in place orders? I wish the Trump administration would walk us through their decision making process and give us answers to why we picked the current path.
The only way to curb and correct bad behavior is to allow the markets to punish mistakes with economic loses. If a company needs liquidity, they can perform an equity offering or borrow the money. If they go insolvent, let chapter 11 bankruptcy cleanse them of the bad debt, wipe out the equity holders and give the ownership to the creditors. Let the Covid 19 become a well studied event that is taught in business schools as to why it is important to have savings on hand to weather the occasional bad times.
The constant market intervention is nothing more than the rich trying to maintain the status quo and to socialize the losses. Our economy would be on a much better footing if we allowed incompetence to be punished. Many of these companies foolishly borrowed money to purchase their own stock back.
These market distortions from the central banks and governments do massive damage. They prevent the economy from ever achieving its full potential. The system that we have is not free market capitalism and we must abandon our current system if we are ever to get an efficient economy going again.
NO BAILOUTS!
I am also not convinced that the massive shutdown is better than accepting the surge in deaths. It is a terrible tragedy if you happen to be the one that dies from Covid 19. Many people will die if we allow the virus to keep spreading. What about the damage being dome by the shelter in place orders? I wish the Trump administration would walk us through their decision making process and give us answers to why we picked the current path.
6
RC2006
2020 Mar 23, 8:42pm
RC2006
2020 Mar 23, 8:42pm
Dems really fucked up here. They could have blocked it on thing that relate to the situation, like less/no corporate bailouts, bigger payouts to more of the population typical dem pandering crap. Instead they took a ton of unrelated garbage for all of America to see and shit all over rep plan instead of attacking what they thought was wrong with it.
I don't really like any plan but they could have just upped unemployment benefits for people affected.
I don't really like any plan but they could have just upped unemployment benefits for people affected.
7
mostly_reader
2020 Mar 23, 9:24pm
Do we know names? Who exactly voted, and how?
This is big. I think that the people would want to know.
This is big. I think that the people would want to know.
8
Patrick
2020 Mar 23, 9:32pm
Patrick
2020 Mar 23, 9:32pm
APOCALYPSEFUCKisShostikovitch says
You mean the 15% rate that favors billionaires over ordinary working people? The same reason that Warren Buffett pays a lower tax rate than his secretary?
That's the tacit core of Democrat ideology these days, sacrosanct.
The jihadicrats should be demanding repeal of capital gains.
They know it.
America knows it.
You mean the 15% rate that favors billionaires over ordinary working people? The same reason that Warren Buffett pays a lower tax rate than his secretary?
That's the tacit core of Democrat ideology these days, sacrosanct.
9
FortwayeAsFuckJoeBiden
2020 Mar 24, 9:50am
I’m still pissed off. Forwarded that email to everyone I know. So people here know who exactly Democrats represent.
10
Misc
2020 Mar 24, 10:13am
Patrick says
The rate was reduced to 15% under George W., a Republican. It was increased to 20% under Obama, a Democrat. There was a further 3.8% added on for rich people under Obama to pay for his healthcare expansion. Lowering the rate is really a Republican thing.
APOCALYPSEFUCKisShostikovitch saysThe jihadicrats should be demanding repeal of capital gains.
They know it.
America knows it.
You mean the 15% rate that favors billionaires over ordinary working people? The same reason that Warren Buffett pays a lower tax rate than his secretary?
That's the tacit core of Democrat ideology these days, sacrosanct.
The rate was reduced to 15% under George W., a Republican. It was increased to 20% under Obama, a Democrat. There was a further 3.8% added on for rich people under Obama to pay for his healthcare expansion. Lowering the rate is really a Republican thing.
11
Bd6r
2020 Mar 24, 11:45am
Bd6r
2020 Mar 24, 11:45am
thenuttyneutron says
+1000000000000000000000000
The last time I checked, free market capitalism is not supposed to have bailouts. If the Democrats want to demand stupid shit and it stops us from picking winners and losers with a bailout, I am going to cheer them on!
+1000000000000000000000000
12
mell
2020 Mar 24, 12:01pm
rd6B says
I disagree here - it's one thing if this was brought on by greed and incompetence (2008). But those restaurants and mom and pop small businesses did nothing wrong. neither did some of the larger companies. I agree there should be no bailouts and restrictions if a company takes a loan on hiring/firing, no bonuses and no buybacks etc. But to not intervene at all during a natural disaster is too hardcore for me. But it should be done in a way that doesn't pick winners and losers.
thenuttyneutron saysThe last time I checked, free market capitalism is not supposed to have bailouts. If the Democrats want to demand stupid shit and it stops us from picking winners and losers with a bailout, I am going to cheer them on!
+1000000000000000000000000
I disagree here - it's one thing if this was brought on by greed and incompetence (2008). But those restaurants and mom and pop small businesses did nothing wrong. neither did some of the larger companies. I agree there should be no bailouts and restrictions if a company takes a loan on hiring/firing, no bonuses and no buybacks etc. But to not intervene at all during a natural disaster is too hardcore for me. But it should be done in a way that doesn't pick winners and losers.
13
mell
2020 Mar 24, 12:07pm
Or, to put it differently - if you're against any stimulus (bailout whatever you call it) then you also should be against any mandatory closures as everyone has the right to do business as they see fit. It's not my position but it would be consistent.
14
Ceffer
2020 Mar 24, 12:13pm
Ceffer
2020 Mar 24, 12:13pm
Patrick says
Disaster on wheels, so the government workers can hold the taxpayer hostage forever. They'll have Americans throwing molotov cocktails at government offices.
Collective bargaining for Federal workers
Disaster on wheels, so the government workers can hold the taxpayer hostage forever. They'll have Americans throwing molotov cocktails at government offices.
15
Patrick
2020 Mar 24, 12:33pm
Patrick
2020 Mar 24, 12:33pm
Misc says
Not really.
The Democratic party at this point exists solely to protect the liberal elite, to make them feel warm and fuzzy about their extreme racism and sexism, to and ensure that the working class is completely fucked by outsourcing to China and insourcing of illegals from Mexico (which Democrats excuse by yelling RACIST! at the working class as they lay dying in large numbers).
Working on a Labor Party platform just to show what the Democrats should be like, but are not.
Lowering the rate is really a Republican thing.
Not really.
The Democratic party at this point exists solely to protect the liberal elite, to make them feel warm and fuzzy about their extreme racism and sexism, to and ensure that the working class is completely fucked by outsourcing to China and insourcing of illegals from Mexico (which Democrats excuse by yelling RACIST! at the working class as they lay dying in large numbers).
Working on a Labor Party platform just to show what the Democrats should be like, but are not.
16
Bd6r
2020 Mar 24, 1:11pm
Bd6r
2020 Mar 24, 1:11pm
mell says
Need for bailout now is due to bailout in 2008. Need for bailout in 2008 was due to the bailout in 2001. This has to stop at some point. Every time we need a bigger bailout, and soon we are talking about real money.
Thomas Sowell has an interesting piece about crash in 1921 (?). It was sharp down, more than in Great Depression, and then sharp up. All happened within a year. Same would happen here. Some companies presumably did not buy back stocks and have a cash cushion, and they would be able to pick up pieces of Boeing's of this world.
Just give extended unemployment benefits which would benefit the poorest and let Boeing management and stockholders eat crow. Will not happen, as that would hose the top 0.0001%. Bailouts again will be "for the children" so that Wall Street and connected industrialists can keep looting and mismanaging.
I disagree here - it's one thing if this was brought on by greed and incompetence (2008). But those restaurants and mom and pop small businesses did nothing wrong. neither did some of the larger companies. I agree there should be no bailouts and restrictions if a company takes a loan on hiring/firing, no bonuses and no buybacks etc. But to not intervene at all during a natural disaster is too hardcore for me. But it should be done in a way that doesn't pick winners and losers.
Need for bailout now is due to bailout in 2008. Need for bailout in 2008 was due to the bailout in 2001. This has to stop at some point. Every time we need a bigger bailout, and soon we are talking about real money.
Thomas Sowell has an interesting piece about crash in 1921 (?). It was sharp down, more than in Great Depression, and then sharp up. All happened within a year. Same would happen here. Some companies presumably did not buy back stocks and have a cash cushion, and they would be able to pick up pieces of Boeing's of this world.
Just give extended unemployment benefits which would benefit the poorest and let Boeing management and stockholders eat crow. Will not happen, as that would hose the top 0.0001%. Bailouts again will be "for the children" so that Wall Street and connected industrialists can keep looting and mismanaging.
17
Bd6r
2020 Mar 24, 1:17pm
Bd6r
2020 Mar 24, 1:17pm
mell says
That would be fine - let local municipalities decide it, and if they close down, municipalities themselves should be responsible for bailouts. It is more difficult to obfuscate on a smaller scale. Feds can close the borders, which is not necessarily an economic calamity, but they have no responsibility in closing municipalities. Also, if municipalities would have to pay for their damn decisions, they would decide if they need to panic or not. Now they WILL panic no matter what.
Or, to put it differently - if you're against any stimulus (bailout whatever you call it) then you also should be against any mandatory closures as everyone has the right to do business as they see fit. It's not my position but it would be consistent.
That would be fine - let local municipalities decide it, and if they close down, municipalities themselves should be responsible for bailouts. It is more difficult to obfuscate on a smaller scale. Feds can close the borders, which is not necessarily an economic calamity, but they have no responsibility in closing municipalities. Also, if municipalities would have to pay for their damn decisions, they would decide if they need to panic or not. Now they WILL panic no matter what.
18
Patrick
2020 Mar 24, 6:19pm
Patrick
2020 Mar 24, 6:19pm
rd6B says
Lol, another good summary of the Democratic platform in a nutshell.
Bailouts again will be "for the children" so that Wall Street and connected industrialists can keep looting and mismanaging.
Lol, another good summary of the Democratic platform in a nutshell.
19
Shaman
2020 Mar 24, 6:25pm
Shaman
2020 Mar 24, 6:25pm
I didn’t like either plan.
We shouldn’t be focusing on corporations right now. We should be focusing on supporting displaced workers! The corporations can figure it out for a couple of months, take out some interest free loans if necessary. All this corporate pork is dwarfing any actual help being sent to AMERICAN WORKERS who, through no fault of their own, find themselves unable to make a living BECAUSE OF THE GOVERNMENT EDICT!
This is common sense,
people!
Write a simple bill to help workers right now. If either party vetos it we will know who the enemy is.
Right now it’s both parties!
We shouldn’t be focusing on corporations right now. We should be focusing on supporting displaced workers! The corporations can figure it out for a couple of months, take out some interest free loans if necessary. All this corporate pork is dwarfing any actual help being sent to AMERICAN WORKERS who, through no fault of their own, find themselves unable to make a living BECAUSE OF THE GOVERNMENT EDICT!
This is common sense,
people!
Write a simple bill to help workers right now. If either party vetos it we will know who the enemy is.
Right now it’s both parties!
20
Patrick
2020 Mar 24, 6:29pm
Patrick
2020 Mar 24, 6:29pm
Shaman says
True, Republicans as a rule are no better than Democrats in terms of outsourcing jobs and insourcing illegals, except that Republicans don't lie nearly as much. They are pro-business and will do whatever makes the most money.
Everyone's real hate should be directed to Democrats, who are supposed to protect the working classes, but fuck them at every possible turn, "for the children" you know.
Seriously, blocking the relief bill so they can squeeze out $35m more for Kennedy Center in NYC?
https://www.washingtonexaminer.com/news/house-coronavirus-relief-bill-includes-35-million-in-funding-for-kennedy-performing-arts-center
Write a simple bill to help workers right now. If either party vetos it we will know who the enemy is.
Right now it’s both parties!
True, Republicans as a rule are no better than Democrats in terms of outsourcing jobs and insourcing illegals, except that Republicans don't lie nearly as much. They are pro-business and will do whatever makes the most money.
Everyone's real hate should be directed to Democrats, who are supposed to protect the working classes, but fuck them at every possible turn, "for the children" you know.
Seriously, blocking the relief bill so they can squeeze out $35m more for Kennedy Center in NYC?
https://www.washingtonexaminer.com/news/house-coronavirus-relief-bill-includes-35-million-in-funding-for-kennedy-performing-arts-center
From the White House: