Carnival gets a bail out while the USPS gets the middle finger from Trump.

[uponit7771]

What do we expect from a guy who takes children away from helpless parents?

https://www.dailykos.com/stories/2020/4/27/1940788/-Turns-out-Carnival-Cruise-Line-got-a-backdoor-multibillion-dollar-bailout-from-the-federal-reserve

According to WSJ, the cruise line company was dead in the water when it began looking to borrow billions in high-interest loans. They found a crew of hedge funds (called “the consortium”) willing to offer up $4 billion to $6 billion at “an annual interest rate exceeding 15% and potentially give the lenders a stake in the company.” But when the Fed entered, offering up billions that now included “loans to companies with investment-grade ratings as well as purchases of their bonds,” Carnival, and others, were able to lower those interest rates and grab a ton of taxpayer money by way of lender investment.

also this

Arison is the chairperson of the Carnival Corporation and a longtime sponsor of Donald Trump’s career. After all of this bailout talk, Fortune reports that the “Miami-based” but Panama-incorporated company has no plans to come back to America and, you know, pay some taxes. Why should they when they’re already getting the “America First” treatment?

Please push for wider voting rules, it doesn't matter if we win arguments if we can't win elections

regards

[SheltieLover]

1. K&R!

[Ferryboat]

2. Government should have just refunded last years taxes

Oh wait maybe they can't because they don't.

[MiniMe]

3. Cruise lines don't even run under the US flag

Nor do they pay US taxes. Why are they getting bailouts from the US? I've been saying this ever since tRump has brought up bailing out cruise lines, Hell No!.

[Hermit-The-Prog]

4. Fascism writ large. Socializing expenses and privatizing profits.

[Cha]

5. Shite.. I hope that BLOWS UP in

in big Bloated Assface.