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Donnie D 03-17-2020 04:27 PM

Quote:

Originally Posted by ZeykShade (Post 249758)
Warren out with a list of "Must Do's" for any corporation looking for a bailout.

1) Companies must maintain their payrolls and use funds to keep people working or on payroll.

2) Companies must provide a $15 minimum wage as quickly as practicable but no later than within one year of the national emergency declaration ending.

3) Companies are permanently prohibited from engaging in share repurchases

4) Companies are prohibited from paying out dividends or exce bonuses while they are receiving any relief and for 3 years thereafter.

5) Companies must set aside at least one seat - but potentially two or more, as the amount of relief increases - on the board of directors for representatives elected by workers.

6) Collective bargaining agreements should remain in place and should not be reopened or renegotiated pursuant to this relief program.

7) Corporations must obtain shareholder and board approval for all political expenditures

8) CEOs must be required to personally certify a company is in compliance and face criminal penalties for violating these certifications.

Yes please.

I’ll agree with 3, 4 (for 1 year), 6 and 8.

The others are fucking Stupid.

The businesses that are hurting have already laid off staff. So to get $1 in emergency funding to keep the business alive, they have to pay multiples of that on salaries. Nobody can agree to keeping unneeded staff on the payroll. Then she wants them to give a raise to workers making less than $15 a hour and she wants to blackmail them into a bunch of other shit.

She’s trying to pull a damn Sanders. Using a tragedy to get her liberal agenda through. Now isn’t the time to institute policy, it’s the time to address a tragedy.

ZeykShade 03-17-2020 05:42 PM

Quote:

Originally Posted by Donnie D (Post 249763)
She’s trying to pull a damn Sanders. Using a tragedy to get her liberal agenda through. Now isn’t the time to institute policy, it’s the time to address a tragedy.

Quote:

It was in 1982 that Milton Friedman wrote the highly influential passage that best summarizes the shock doctrine. " Only a crisis-actual or perceived-produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes politically inevitable.
- Naomi Klein, The Shock Doctrine: The Rise of Disaster Capitalism.

If you haven't read this book, you should. "Using a tragedy" is how it always works and how it's always worked. The danger that shitlibs run is letting the right-wing outflank them to the left because it was Milton Friedman who advocated for a UBI as a means to stave off the pitchforks in late-stage capitalism. This is the reason I opposed Yang's UBI. It was referred to as a negative tax by Friedman and was to replace the social safety net and prevent the proletariat from revolting and constructing guillotines.

Also, you sound hypocritical if you tell the gun nuts to shut the fuck up after mass shootings when they tell us, "Now isn't the time, quit exploiting a tragedy" and then go and say that Warren is exploiting a tragedy. The tragedy happened long ago, it was when the people who were supposed to be looking out for us decided to cede that power to the industries that fund their campaigns.

Would you be shitting on FDR and the New Deal in the face of the Great Depression?

I applaud Warren for putting those ideas out there at this time. This is the EXACT time to have those ideas brought up. If they weren't there and weren't advocated for, you'll get some right-wing dogshit instead.

pete 03-17-2020 06:00 PM

I've yet to see a proposal from anyone that addresses small businesses getting shellacked with vast reduction in revenue for the next two months in a serious way, beyond asking them to assume even more debt by offering them even more SBA loans.

pete 03-17-2020 06:09 PM

Quote:

SCOOP: Mnuchin warned the U.S. could see 20% unemployment in a meeting with Republican senators on Tuesday, sources tell @josh_wingrove
, me and @JenniferJJacobs
https://twitter.com/SalehaMohsin/sta...958057985?s=20

Jesus.

Donald Trump may go down as the fat, racist, orange version of Herbert Hoover.

pete 03-17-2020 06:13 PM

Quote:

Wow: as coronavirus kills more Americans, Republicans have become less likely to agree it is a real threat. In February, 72% of Republicans said it was a real threat. Now just 40% agree. From an @NPR
/ @NewsHour
/ @maristpoll
:
https://twitter.com/NPRinskeep/statu...355039744?s=20

Heck of a business model by the Republicans and Fox News, killing off their voters and their viewers like that.

pete 03-17-2020 06:14 PM

https://pbs.twimg.com/media/ETWAylvX...jpg&name=small

Tee hee.

Quote:

No surprise here, but Joe Biden wins the Florida primary.
https://twitter.com/Redistrict/statu...629429250?s=20

Donnie D 03-17-2020 06:36 PM

NBC Florida poll

Who do you trust to protect social security

Biden - 59
Sanders - 37

I guess people saw through those ads.

Donnie D 03-17-2020 06:41 PM

Hockey reference on MSNBC.

We need to skate where the puck is going to go.

ChaseSpace 03-17-2020 07:10 PM

Quote:

Originally Posted by pete (Post 249766)
I've yet to see a proposal from anyone that addresses small businesses getting shellacked with vast reduction in revenue for the next two months in a serious way, beyond asking them to assume even more debt by offering them even more SBA loans.

Couldn't the fed offer small businesses(and them alone) 0% loans to make ends meet until the machine comes back online?

pete 03-17-2020 07:12 PM

It's still debt, even at 0% interest.


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