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re: U.S. government may take stakes in U.S. energy companies

Posted on 4/26/20 at 9:49 am to
Posted by kciDAtaE
Member since Apr 2017
17805 posts
Posted on 4/26/20 at 9:49 am to
So the Gov’t would take a a percentage of the company if the company accepted financial assistance?

It’s the company’s choice to do this? Why is this bad? Just tell the Gov’t “no” if not interested.
Posted by WhiskerBiscuitSlayer
Your Mom’s Sperm Donor
Member since Jan 2013
13901 posts
Posted on 4/26/20 at 9:50 am to
quote:

frick that! -Signed Major oil company employee


You would think so but I know a good portion of the workers at my company would agree to anything that kept them from being laid off.

Since March 15th we have had two layoffs that cut 75% of the workforce in my region. The govt is going to be paying us unemployment soon anyways, why not give them a stake and keep working?
Posted by TJG210
New Orleans
Member since Aug 2006
29511 posts
Posted on 4/26/20 at 9:53 am to
quote:

Since March 15th we have had two layoffs that cut 75% of the workforce in my region.


You work for a major e&p?
Posted by TJG210
New Orleans
Member since Aug 2006
29511 posts
Posted on 4/26/20 at 9:56 am to
quote:

Why is this bad?


Bc this is the USA and we shouldn’t have state run companies.

There are a great many shale players that have been unprofitable for the last 3-4 yrs, there is little hope they ever turn things around. Let the industry naturally consolidate so it’s healthier in the long run.
Posted by idlewatcher
Planet Arium
Member since Jan 2012
98837 posts
Posted on 4/26/20 at 9:57 am to
quote:

If you want an hours worth of entertainment, post this to the Poliboard and get ready to watch the spin.


That isn’t nationalizing companies if that is what you’re getting at.

It’s an investment like anything else. I give you free money, you don’t have to pay it back if I get stock.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 4/26/20 at 9:57 am to
This ain't Bernie... This is fascism. Not socialism.
Posted by TJG210
New Orleans
Member since Aug 2006
29511 posts
Posted on 4/26/20 at 9:58 am to
quote:

It’s an investment like anything else. I give you free money, you don’t have to pay it back if I get stock.


How is this fair to the other companies?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/26/20 at 10:00 am to
Trump the progressive..
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 4/26/20 at 10:01 am to
quote:

you shouldn't be. His policies speak for themselves.


And here we see the leftists claim this is stupid even though this is a policy they’d normally be all about. I’m not even sure what level of TDS this is considered.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
99804 posts
Posted on 4/26/20 at 10:03 am to
quote:

And here we see the leftists claim this is stupid even though this is a policy they’d normally be all about. I’m not even sure what level of TDS this is considered.



TT9 is a trash bag and his TDS is in outer space
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40819 posts
Posted on 4/26/20 at 10:04 am to
Might as well never broken up standard oil
Posted by Pedro
Geaux Hawks
Member since Jul 2008
39313 posts
Posted on 4/26/20 at 10:04 am to
quote:

This is great
no it’s horrible no matter who’s in charge. Government shouldn’t be dicking around in businesses
Posted by castorinho
13623 posts
Member since Nov 2010
88351 posts
Posted on 4/26/20 at 10:06 am to
quote:



It’s an investment like anything else. I give you free money, you don’t have to pay it back if I get stock.

wow.

Certainly you see the glaring issues with that, no?
We'll trust the government, moving forward, to make decisions independent of said "investment."
This post was edited on 4/26/20 at 10:08 am
Posted by TT9
Seychelles
Member since Sep 2008
91793 posts
Posted on 4/26/20 at 10:07 am to
quote:

SDVTiger
knuckle dragging Trump trash.
Posted by RBWilliams8
Member since Oct 2009
54037 posts
Posted on 4/26/20 at 10:10 am to
quote:

Why is this bad?


Have you been to the DMV? Witnessed road construction? Literally any govt funded operation that works at a fraction of the efficiency as it should...
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
99804 posts
Posted on 4/26/20 at 10:11 am to
I knew that truth would sting

Nice profile pic very fitting for you
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/26/20 at 10:11 am to
quote:

TT9 is a trash bag and his TDS is in outer space


He's a follower. Never once have seen him attempt to discuss an issue, he's just parroting what he hears.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 4/26/20 at 10:12 am to

quote:

U.S. government may take stakes in U.S. energy companies





O&GEOTUS will be his new title on the Poli I guess. They'll spin this like a Tilt-A-Whirl
Posted by TT9
Seychelles
Member since Sep 2008
91793 posts
Posted on 4/26/20 at 10:13 am to
You support the psychopath, tells us all we need to know about your intelligence, or lack thereof.
This post was edited on 4/26/20 at 10:14 am
Posted by TT9
Seychelles
Member since Sep 2008
91793 posts
Posted on 4/26/20 at 10:14 am to
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