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PSA - Corporate Socialism is Out

March 25, 2020, 8:57 p.m.
Posts: 11297
Joined: June 4, 2008

https://medium.com/incerto/corporate-socialism-the-government-is-bailing-out-investors-managers-not-you-3b31a67bff4a

March 25, 2020, 11:54 p.m.
Posts: 1925
Joined: May 23, 2006

Democratic leaders acceding to a Mnuchin managed slush fund reveal themselves to be too tired and spineless to be entrusted with power.

https://prospect.org/coronavirus/unsanitized-bailouts-tradition-unlike-any-other/


 Last edited by: tungsten on March 25, 2020, 11:59 p.m., edited 1 time in total.
March 26, 2020, 12:05 a.m.
Posts: 11297
Joined: June 4, 2008

Should have added...

Bankers who lost more money than ever earned in the history of banking, received the largest bonus pool in the history of banking less than two years later, in 2010. And, suspiciously, only a few years later, Geithner received a highly paid position in the finance industry.

March 26, 2020, 8:51 a.m.
Posts: 10389
Joined: June 29, 2006

Not one of them ever saw the inside of a cell as well. If I was an American I would still rather have Obama in charge right now than Trump, but I get your point. I think this is showing why having progressives take over from the bottom up in the Senate and Congress is so important too though.

What are the thoughts on the stimulus in this country?


 Last edited by: chupacabra on March 26, 2020, 8:51 a.m., edited 1 time in total.
March 26, 2020, 12:21 p.m.
Posts: 1925
Joined: May 23, 2006

https://youtu.be/Y_sjfchNsiM

March 26, 2020, 12:57 p.m.
Posts: 10389
Joined: June 29, 2006

It is hard to argue with that tiny man.

March 26, 2020, 1:58 p.m.
Posts: 13834
Joined: Dec. 30, 2002

Isnt that heading into Fascism? At the very least, corporate welfare is still strong. Meanwhile, I think the Americans just got sold off for $1200?

March 28, 2020, 12:01 a.m.
Posts: 1925
Joined: May 23, 2006

+ Public Citizen: “One section of the Senate’s stimulus plan contains language preventing companies from using bailout money to buy back their own stock or raise CEO pay. The very next section gives Steve Mnuchin the power to COMPLETELY IGNORE THE PREVIOUS SECTION. Jaw-dropping corruption.”

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