- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Wall Street is composed of well-dressed and well-heeled welfare queens
Posted on 3/12/20 at 9:34 am
Posted on 3/12/20 at 9:34 am
Regardless of his breathing through his nose and the ink stain on his shirt, President Trump gave a good speech last night setting out the situation, the response to date, common sense actions we can take to reduce/prevent the spread, and plans/proposals to help get through the current economic turmoil
SBA loans to small businesses impacted
Delay for filing date and tax payments for impacted individuals and businesses
Request for Congress to pump $50 billion into SBA for that purpose
Request for payroll tax suspension to put more $ in peoples pockets (and help small businesses use that $$$ to keep them on)
Yet, because he didn't propose a socialist "big government" huge stimulus, the future 9and now the markets) dropped like a rock. Stuart Varney was on FBN this morning whining to McSalley about whether there was going to be a "big" stimulus package form Congress.
They're just "gimmiedats" with suits and tie pins.
SBA loans to small businesses impacted
Delay for filing date and tax payments for impacted individuals and businesses
Request for Congress to pump $50 billion into SBA for that purpose
Request for payroll tax suspension to put more $ in peoples pockets (and help small businesses use that $$$ to keep them on)
Yet, because he didn't propose a socialist "big government" huge stimulus, the future 9and now the markets) dropped like a rock. Stuart Varney was on FBN this morning whining to McSalley about whether there was going to be a "big" stimulus package form Congress.
They're just "gimmiedats" with suits and tie pins.
4
Posted on 3/12/20 at 9:35 am to udtiger
quote:
They're just "gimmiedats" with suits and tie pins.
Yep and they play games with the economy...
Posted on 3/12/20 at 9:39 am to The Maj
For most people it doesn't matter how much money you have, your spending rises with your income. They are feeling the pinch.
Posted on 3/12/20 at 9:43 am to udtiger
Wanna know who is in the passenger seat of the vehicle driving this scam.....the progeny of the House of Morgan. Those frickers want free fricking money, courtesy of the American taxpayer facilitated by the Congress and President of the United States
How many times do we allow these fricks to shake this country down? We let them get away with it in 2008. Frickers could not wait to tank the market today....they started it at 8:10 pm last night as Dow futures started to slide and Trump was still talking.
How many times do we allow these fricks to shake this country down? We let them get away with it in 2008. Frickers could not wait to tank the market today....they started it at 8:10 pm last night as Dow futures started to slide and Trump was still talking.
Posted on 3/12/20 at 9:52 am to udtiger
You're not wrong.
Posted on 3/12/20 at 9:53 am to Diseasefreeforall
quote:
They are feeling the pinch.
Some are, some are not... They still play games with the economy... A market going up, up, up makes it very difficult for them to turn large sums...
Posted on 3/12/20 at 9:56 am to udtiger
This is the problem with running large, persistent budget deficits during strong economic expansions. When the inevitable downturn comes, it becomes far tougher to provide the relief the markets need. And make no mistake, the markets need relief right now.
Posted on 3/12/20 at 9:58 am to The Maj
We’re probably about to have a high yield debt crisis. These guys should be wiped out not subsidized by the taxpayer, but watch it happen again. You had Harold Hamm begging for a handout when he is responsible for flooding the oil market along with other shale producers and now whines when his own actions hurt his bottom line. Wall Street has never been more disconnected from Main Street. Private equity funds buy companies, lever up the business, takes the gp/lp fees, and fire half the employees. Then they file bankruptcy but have made 2x-3x off their purchase on the fees. That’s not capitalism and at some point those wrongs will be righted. Capitalism has been distorted into a crony-capitalist system revolving around Washington and New York. There should be no 2008 style bailouts to these people.
This post was edited on 3/12/20 at 10:04 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News