ralph nader on expectations, the american dream, corporate welfare

[rickyb]

Stephanie Kelton on Twitter

 

[rickyb]

jeremy scahill Retweeted

Justin Jackson
@J_ManPrime21
·
Mar 12
“Socialism for the rich and rugged free enterprise capitalism for the poor” - Martin Luther King Jr.
Quote Tweet

Ali Velshi
@AliVelshi
· Mar 12
BREAKING: in a MAJOR intervention into financial markets, the Fed will inject $1.5 TRILLION dollars. It’s a move designed to prevent a sharper economic contraction than what may already be underway. https://wsj.com/articles/fed-t

 

[rickyb]

first you get the money, then you get the power, then you get the government corp welfare:

 

[rickyb]

there were no conditions under 2008 on bailouts:

 

[rickyb]

for example airline bailouts:

 

[rickyb]

now why didnt obama do this? maybe he was already elected and figured the economy would go up which it did although ppl suffered.

anywho a UBI for all. welcome to 2020:

 

[rickyb]

former labour secretary completely against the bailouts:

 

[rickyb]

 

[rickyb]

LOL

 

[rickyb]

stock buy backs have been bad economics for a long time:

 

[rickyb]

to elaborate on a previous point theres no point in travelling to the 3rd world or america when everyone is sick.

there is no welfare state. sick workers are going to have to work at restaraunts and supermarkets to survive.

so you are putting yourself at risk. this market approach of not having a welfare system leads to a down cycle as people like myself dont want to engage in consumerism long story short because of inadequate government welfare programs.

 

[Old Man Jingles]

stock buy backs have been bad economics for a long time:

View attachment 286999

And You and Sven don't understand the legal fiduciary responsibilities that will not allow them to sell stocks for liquidity needs for this crisis.

 

[rickyb]

And You and Sven don't understand the legal fiduciary responsibilities that will not allow them to sell stocks for liquidity needs for this crisis.

whatever. thats not what rob reich says. maybe they shouldnt have bought so much in the first place

 

[rickyb]

 

[rickyb]

ralph nader on the corporate welfare and bailouts being handed out:

The Federal Reserve Dictatorship Runs Amok Against Savers | Ralph Nader

 

[rickyb]

impressive:

 

[rickyb]

deglobalization or no corp welfare for you!

 

[rickyb]

ohhhh dirka dirka dirka:

 

[rickyb]

bailouts with strings attached. or no bailouts.

 

[DriveInDriѵeOut]

bailouts with strings attached. or no bailouts.

View attachment 287259

Of course, if the government has a stake, they will never let the business fail, and they can do whatever irresponsible crap they want knowing they'll always get bailed out.