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tulipsandroses

(5,124 posts)
Sat Mar 21, 2020, 10:16 AM Mar 2020

There should be no bail outs for big businesses! We need to demand this

These businesses will eventually bounce back. I am not saying they should not get assistance - But it should not be free money. Your local mom and pop restaurant, dry cleaners and other local small businesses will not bounce back. Those are the people that should get a bail out. The big businesses should get loans with lots of strings attached that help their employees. We the people need to demand this of our elected officials.

Just listening to AM Joy where she mentioned that Big businesses may get bailouts, basically free money while small businesses will get loans. That is unacceptable.
They got their bailouts with the Trump tax cuts.

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There should be no bail outs for big businesses! We need to demand this (Original Post) tulipsandroses Mar 2020 OP
100% Bluethroughu Mar 2020 #1
The bailouts will be loans. That is what happened with the GM bailout, and how it was structured, still_one Mar 2020 #2
I have no reason to believe the donor class theaocp Mar 2020 #3
Gamestop for one (*not*), please. durablend Mar 2020 #4

still_one

(92,190 posts)
2. The bailouts will be loans. That is what happened with the GM bailout, and how it was structured,
Sat Mar 21, 2020, 10:37 AM
Mar 2020

where they also paid interest on those loans. What needs to be insured is that these loans are NOT used to increase executives salaries.
Bonuses should not be allowed, dividends for any company accepting these loans MUST be suspended, and workers must be guaranteed their job.

For local mom and pop establishments, they need to be given assistance to get back on their feet with interest free loans that do not have to be paid back until the economy recovers, and they start making a profit




theaocp

(4,237 posts)
3. I have no reason to believe the donor class
Sat Mar 21, 2020, 10:43 AM
Mar 2020

will not get what they want. Common sense has an uphill climb against the monied interests.

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