The Post Office is essential. Cruise ships are not.

[diva77]

How in the hell does Carnival, a cruise ship company that pays virtually no federal income taxes, receive a bailout, but the Postal Service, the most popular government agency in America, does not? The Post Office is essential. Cruise ships are not.

— Bernie Sanders (@SenSanders) April 27, 2020

https://www.wsj.com/articles/how-fed-intervention-saved-carnival-11587920400?mod=hp_lead_pos4

[PoindexterOglethorpe]

1. Bernie has it wrong, as does everyone who repeats the myth that

cruise lines got a bailout. What they did, like a lot of other companies, did, was borrow a whole bunch of money. Actually reading the article is helpful.

I wish people would get a lot more exercised about major U.S. corporations that pay no income tax like Amazon, Netflix, Chevron, Delta Airlines, among others.

[lark]

3. Even one penny to them is wrong. These are not American companies.

The rich fucks that own some of them are American, which is why drumpf cares for them & not the workers in the USA.

[diva77]

5. Try reading this article.

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

[Doremus]

6. Ya think Bernie might know a little bit more about it than reading a couple of articles?

And I think we can be worked up about all the plutocrats and their corporations taking money away from Main Street, don't you?

[MiniMe]

2. Virtually no taxes?

All the cruise ships are registered to foreign companies. They pay NO US taxes.

[msongs]

4. how does the F-35 get a bailout one wonders nt

[IronLionZion]

14. No has tried shooting down the virus with smart bombs

...yet

[PoindexterOglethorpe]

7. Once again, where is the fury at the many American companies

that pay no taxes, some of which actually get tax rebates, so they are getting back taxes they never even paid?

And the cruise ships got to take out loans, as have a lot of other companies.

I honestly don't get the anger at cruise lines. They don't seem to me to be the boogeyman that so many see them as.

If you want to get worked up about companies that pay no taxes, look at this
https://itep.org/notadime/#table

[gulliver]

8. Republicans seem to hate the Post Office for some reason.

I would like to see its mission expanded to the digital realm. It's already a central supplier of identity through its passport services. I would like to have a Post Office issued email address, digital certificates, etc.

[erronis]

10. I'd trust the USPS to be my safe-deposit box also.

Long thought that they could offer secured digital copies of all important documents for a small fee.

Of course, the anti-democracy group wants to reserve those functions/fees for their billion-dollar buddies.

[pazzyanne]

12. I don't think Republicans hate the Post Office.

They want to privatize it so money can be made for their coffers.

[diva77]

16. The real estate value alone is enough for them to want it for themselves.

[diva77]

18. Great idea!!

[malaise]

9. What's more the post office is in the

Constitution

[pazzyanne]

13. That, too! nt

[IronLionZion]

15. Constitution gives Congress power to establish post offices

but does not require it

[diva77]

17. Right you are!

I finally looked it up - an annotated version from Cornell Law School - I need to read this a few times to understand it!!

https://www.law.cornell.edu/constitution-conan/article-1/section-8/clause-7/postal-power

[Duppers]

11. K & R