Nikki Haley signs on to Mitch McConnell's "Let them eat cake." plan.

[yellowcanine]

https://www.rawstory.com/2020/04/nikki-haley-endorses-letting-state-governments-go-bankrupt-and-it-immediately-blows-up-in-her-face/

Former South Carolina Gov. Nikki Haley on Thursday gave a thumbs-up to Sen. Mitch McConnell’s (R-KY) plan to let state governments go bankrupt — and he was instantly met with furious blowback from many of her Twitter followers.

“States should always plan for a rainy day just like any business,” Haley wrote. “I disagree that states should take Fed money or be bailed out. This will lead to taxpayers paying for mismanagement of poorly run states. States need to tighten up, make some cuts, and manage.”

Republicans just can't help making things worse. Trump has addled their brains.

[Gidney N Cloyd]

1. So, the beggar states want to cut off the donor states. Got it.

[yellowcanine]

5. Exactly. And South Carolina is the number 1 beggar state - by far.

https://www.theatlantic.com/business/archive/2014/05/which-states-are-givers-and-which-are-takers/361668/

If you look only at the first measure—how much the federal government spends per person in each state compared with the amount its citizens pay in federal income taxes—other states stand out, particularly South Carolina: The Palmetto State receives $7.87 back from Washington for every $1 its citizens pay in federal tax. This bar chart, made from WalletHub's data, reveals the sharp discrepancies among states on that measure.

South Carolina is the ultimate beggar state.

[Gidney N Cloyd]

12. Nice concise reference in that article. Bookmarking.

[scarletwoman]

18. Link to updated data (March 18, 2020)

https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/



(image from article)

[madaboutharry]

2. Nikki Haley is a disgusting person.

What a vile thing to believe.

[spanone]

3. Thank Goddess she's not in congress anymore...nor does she hold any office.

let's keep it that way

[GoCubsGo]

17. She never was in Congress.

Other than the state congress. She was never a US Congresswoman. She was a governor, and a horrible one, at that. Not that the asshole who replaced her is any better. But, yes. We are all fortunate that she no longer holds any office.

[spanone]

19. 👍🏼

[Celerity]

20. she had congress with Rump's nob

[GoCubsGo]

21. I wouldn't be at all surprised.

That GIF...

[Jamastiene]

4. At one time, I thought she might be the only Republican who might have a

modicum of respectability on SOME topics (she was for removing the Confederate flag), but she sure has shitted herself up. Now, she has thrown in with the worst Republicans there are. I don't see why she is doing this. Wrong. Wrong. Wrong.

[leftieNanner]

6. She is auditioning

For Trump's VP spot.

[yellowcanine]

8. Trying to get Trumpy's attention in case he bumps Pence from the ticket in a hail Mary move to save

the election.

[Grins]

14. My old nickname for her: "The Palmetto Palin"

She and the Wasilla Wahabist were BFF’s back in the day...

[GoCubsGo]

15. She wasn't for removing the Confederate flag.

She only was "for it" after a bunch of people got massacred in a church over it. She happily let it fly throughout her first term, and into her second. She only changed her mind because leaving it up after a mass-killing would make her look bad. She had no choice at that point. She's a fraud and a political opportunist. Always has been.

[Frustratedlady]

7. That does it. Nikki has now made my list...

That's not a good place to be and it's damned near impossible to get OFF the list.

Just sayin'.

[Jamastiene]

10. I have a list like that too.

It has the same rule too. She's on it now too. I cannot get over how people are falling all over themselves to kiss that overgrown, narcissistic, spoiled brat's ass.

[Solly Mack]

9. Businesses that got tax payer dollars didn't plan

for a rainy day then. According to her statement.

So...the airlines, for example, should have to give all that money back.

Because, obviously, they didn't plan for this "rainy " day.

[RANDYWILDMAN]

11. Repubs playing politics ? shocker

if the states bleeding out were Kentucky, South carolina and Nebraska, what would they be saying, exactly

She is as souless as they rest of them .....

[GoCubsGo]

13. Nah. Haley's brain was addled long before Trump ever got to her.

It's LONG past time to dispel the idea that she is anything other than a typical Republican hack scumbag, and not some sort of competent party savior. I say that as someone who lives in the poorly-run shithole state she once governed. It was a huge, mismanaged shithole back then, too. She was a horrible governor, and she's as corrupt as they come. She can take her "poorly run states" projection bullshit and shove it up her filthy, little ass.

[sinkingfeeling]

16. But airline, oil & gas producers, and hotel chains that have spent $billions

buying back their own stock shouldn't have rainy day funds?

[Celerity]

22. almost 100 billion in stock buybacks just from Boeing and the big airlines

some of it from previous 'bailout' monies or tax breaks


BOEING, AIRLINES, UNDER FIRE FOR $90 BILLION IN SHARE BUYBACKS, STOKE CONTROVERSY WITH BAILOUT PLEAS FOR AT LEAST $110 BILLION

https://www.newsweek.com/boeing-airlines-under-fire-90-billion-share-buybacks-stoke-controversy-bailout-pleas-least-1493934

Boeing and major U.S. airline companies, having spent more than $90 billion buying shares in the past decade, now need a government bailout of at least $110 billion to survive a recession triggered by the coronavirus pandemic, and probably much more. The scale of the bailout, as projected by most of the eight analysts who spoke to Newsweek, is likely to stoke a growing political controversy over share buybacks in which companies transfer cash to stockholders instead of building up reserves or investing in their business.

Boeing, which has been struggling for the past year with the safety of its 737 Max jet, has spent over $43 billion buying back stock over the past decade. The six airlines—Southwest Airlines, Alaska Air, Delta Airlines, United Airlines, American Airlines and JetBlue—have spent about $47 billion over the same period. American Airlines paid the most to investors at nearly $13 billion, and Alaska Air, the least at less than $1.6 billion.

All seven companies have seen their shares pummeled by news of travel bans and other restrictions imposed by federal and state governments to curtail the spread of COVID-19, a deadly respiratory disease that has overwhelmed hospitals in Europe with critically ill patients.

Six of the seven companies have seen their shares slump more than 60 percent this year, twice as fast as the S&P 500, which has dropped 30 percent. Southwest, the best performing stock in the group, fell 37 percent. Boeing's problems are bigger and it has asked the government for a $60 billion bailout of the aerospace industry. Christopher Harrow, CEO of International Aviation HQ, told Newsweek that the airplane maker alone will need up to $75 billion to save it in its entirety.

snip



Boeing Poisons Flight Attendants

https://stephaniemcmillan.org/boeing-poisons-flight-attendants/