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#Bailouts
Time4Pizza
Time4Pizza
So back in late March, the heart of the Wall Street panic, SoftBank was handed $40B in cash for “legacy assets”Now, who was the buyer? Who was thee ONLY buyer
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Steve Campbell
Historian_Steve
Do your lectures ever leave you sad? The promise of supply side economics was that if we cut taxes, undermined labor unions, and deregulated industry, we'd have more jobs, more
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Max Berger
maxberger
My take on the Heroes Act: Pelosi is coming to the table asking for half a loaf. The bill is lacking:- Paycheck Guarantee- Medicare or Medicaid eligibility expansion- PPE production-
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Arash Kolahi
ArashKolahi
There are really two pandemics working against us simultaneously:COVID-19OLIGARCHY-1%One can be dealt with sensibly.The other is actively exploiting the current systemic shock, consolidating power, preventing humane solutions & must be
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Ari Paul ⛓️
AriDavidPaul
Pretty amazing watch the curtain in front of crony capitalism fall before our eyes. Fed buying corporate bonds, considering equity. Fiscal bailouts for c-suite execs 100x as large as for
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Blue Day
WorldSentinel
1/n: Hi Steve, hope you are feeling well as claustrophobia does sometimes cause cognitive impairment. And you exhibit its symptoms, referencing a country without hard facts & reliant on news
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Lomez
L0m3z
My contrarian take of the day is that many otherwise good and healthy companies—not Boeing—could not be expected to have prepared financially for this event and that it makes sense
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Disappointed Optimist
disappoptimism
I’ve seen it all:The bank bailouts didn’t cost us anything really but furlough is wasted money.Honestly. Fuck off you mad dickheads. If anything furlough is the fastest way to speed
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Michael Dougan
mdouganlpool
Latest outright fabrication from Brexit propagandists: "don't extend transition or UK will have to pay towards Eurozone bailout fund".Detail below on why this is completely false & those who peddle
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Joe McCann ◎
joemccann
No one wants to admit it but there was a bailout to some of the nation's biggest hedge funds this week. Credit books and risk parity shops would have nuked
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Michael Walker
michaeljswalker
Just caught up on @Keir_Starmer's interview with @Peston from last night. It was disappointing:- He said antigen tests only useful for getting frontline workers back to work. That's not true.
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Sema
_SemaHernandez_
I'm old enough to remember when Obama/Biden turned their backs on Indigenous people at Standing Rock. I'm old enough to remember the Obama/Biden inaction to address #FlintWaterCrisis. I'm old enough
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Walter Shaub
waltshaub
I'm tired. Tired of lies, corruption, sickness and death. Tired of fools figuratively turning lights on with the Luftwaffe over London because "freedom." Tired of white gunmen storming capitol buildings
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Brian Wilde
BWildeMTL
It’s easy to see a lot of stupidity out there in the USA protesting to open up. But at the same time, they’re desperate because they can’t exist. They’re not
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Erik Schlenker-Goodrich
riogranderift
Re: O&G, fed & state govts must choose:1. *MANAGED* decline (public revenue diversification + strong safeguards + production "wind down" policies), or2. *CHAOS* decline (oil company bailouts + rollbacks of
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joshnomics
joshnomics
Corona is the perfect cover for all sorts of totalitarian shit. Biggest loss isn’t going to be from the virus or the economy. It’s going to come from the freedoms
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