IIRC the stimulus bill does not allow for stock buybacks. So, I am not sure how they're bailing out investors.
Wait until the unemployment numbers are out in a couple weeks. When the government shuts businesses down, people lose jobs.
Let's not forget everyone who has a 401k and was hoping to retire this year.
To add to how wrong this headline is, the government is literally sending everyone a check.
I am sure some guy on medium is more capable of sizing this up than our entire senate and house of representatives, though. You should trust him: it's corporate greed.
CSPAN is the place to go if you want to know what's really happening.
well I stand corrected on that, it looks like he does have some experience with what he's writing about
However I don't agree with the comparison of the 2008 bailouts with the current stimulus bill at all. Those definitely were corporate socialism, but I think we have progressed as a country since then.
That's interesting, I had no idea. Puts a lot of power in Mnuchin's hands I guess. I think he does have our best interests in mind, though.
Given this emergency though, and the amount of time it takes congress to even pass a bill like this, I would have to say I am not opposed to that clause.
Yeah, the road to hell was paved with good intentions and so on. At the end of the day, you have to trust someone.
Wait until the unemployment numbers are out in a couple weeks. When the government shuts businesses down, people lose jobs.
Let's not forget everyone who has a 401k and was hoping to retire this year.
To add to how wrong this headline is, the government is literally sending everyone a check.
I am sure some guy on medium is more capable of sizing this up than our entire senate and house of representatives, though. You should trust him: it's corporate greed.
CSPAN is the place to go if you want to know what's really happening.