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beachbumbob

(9,263 posts)

5. FED announce they will buy corporate bond issues, a clear bailout

Reply to Mike 03 (Reply #3)

Tue Jun 16, 2020, 08:48 AM

Jun 2020

then look how investor class and business avoid paying federal taxes. I would have simple rule. If you pay little or no federal taxes then such bailouts are denied. If you give out stock options and bonuses, NO BAILOUTS period, if you have stock buybacks in last 3 or 4 years, NO BAILOUTS.

I laugh when some conservative talks about capitalism because we don;t have capitalism in the US

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Bloomberg: Market Futures Up [View all] Mike 03 Jun 2020 OP

Fed announced another bailot for investor class and corporations so yes, its huge beachbumbob Jun 2020 #1

Oh, thank you. Mike 03 Jun 2020 #3

FED announce they will buy corporate bond issues, a clear bailout beachbumbob Jun 2020 #5

That, and dexamethasone? soothsayer Jun 2020 #2

Yes. There were all these companies that used the tax cut to buy back shares Squinch Jun 2020 #4