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Related: About this forumKT2000
(20,577 posts)totally logical.
3Hotdogs
(12,374 posts)It is to go through the banks for small business loans. Banks, I'm sure, do get a middleman commission for processing the loans.
Banks are increasing their reserves in preparation for defaults. That means lower or no dividends.
This bail out had a small business loan included which is now empty/used up. All they are doing is giving this money to their friends so they can sure up their institutions and keep themselves wealthy.
https://prospect.org/economy/repeating-the-mistakes-of-the-2008-bailout/
Warpy
(111,254 posts)This is a righteous rant and it makes so much sense that of course those shitbags prostrating themselves in front of the Orange Carbuncle would never think of it.
I hadn't read the terms of the 3 month furlough on mortgage payments. I hadn't realized it involved a damned impossible balloon payment on month 4, so thank you, Vic, for exposing the absolute incompetence of all these fucking morons at the top whose conceit is that they're experts in any field.
I'd like to scruff them all and force them to watch this over and over again until they got the point.
magicguido
(6,315 posts)TomSlick
(11,097 posts)I worry about who has to clean all the sprayed spittle in his car. He needs to really disinfect the interior before he allows anyone else in the car.
Speaking of which, why is he in a car?
pnwmom
(108,977 posts)TomSlick
(11,097 posts)I suppose that if it's someone with whom he is currently swapping spit (i.e. kissing), it doesn't really matter.
pnwmom
(108,977 posts)of the fluid that comes out of our mouths. It was an extreme example, but effective!
TomSlick
(11,097 posts)Say it, don't spray it.
Iggo
(47,552 posts)world wide wally
(21,742 posts)LittleGirl
(8,286 posts)he speaks my soul. The shouting, the spitting, it's total disgust and rightly so.
Love this guy!
SunSeeker
(51,550 posts)"IT'S OUR FUCKING MONEY!"