Coronavirus Government Bailout Thread

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Bi_3
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Re: Coronavirus Government Bailout Thread

Post by Bi_3 »

96583UP wrote:And then there is this charming gem. Are they quietly slipping in an April Fool's joke for Mr. DJT?!? We know he doesn't like to read...
Section 4019. Conflicts of Interest.

Any company in which the President, Vice President, an executive department head, Member of Congress, or any of such individual’s spouse, child, son-in-law, or daughter- in-law own over 20 percent of the outstanding voting stock shall not be eligible for loans, loan guarantees, or other investments provided under this Title.
This should be a damn Amendment
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96583UP
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Re: Coronavirus Government Bailout Thread

Post by 96583UP »

BurtReynolds wrote:I hope this is true

Image
i wonder who will buy their cruiseliners when they have to auction them off to pay debtholders?

maybe
Spoiler: show
Image
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96583UP
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Re: Coronavirus Government Bailout Thread

Post by 96583UP »

Bi_3 wrote:
96583UP wrote:And then there is this charming gem. Are they quietly slipping in an April Fool's joke for Mr. DJT?!? We know he doesn't like to read...
Section 4019. Conflicts of Interest.

Any company in which the President, Vice President, an executive department head, Member of Congress, or any of such individual’s spouse, child, son-in-law, or daughter- in-law own over 20 percent of the outstanding voting stock shall not be eligible for loans, loan guarantees, or other investments provided under this Title.
This should be a damn Amendment
they'll call it 'The Jared Amendment'
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96583UP
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Re: Coronavirus Government Bailout Thread

Post by 96583UP »

Mo' money, less problems:
• House Speaker Nancy Pelosi said Thursday that Americans would likely see more direct checks in future coronavirus relief packages

• 'I don't think we've seen the end of direct payments,' she said 
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Bi_3
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Re: Coronavirus Government Bailout Thread

Post by Bi_3 »

"The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
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96583UP
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Re: Coronavirus Government Bailout Thread

Post by 96583UP »

'Democracy Doesn't Work, People'
- Kent Brockman

https://www.wsj.com/articles/lawmakers- ... 1585393200
Tucked inside the FDA bill was a separate measure championed by makers of sunscreen such as Coppertone and Banana Boat. U.S. sunscreen manufacturers won language that halts an FDA review into whether the ingredients of most widely used sunscreens are harmful.
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simple schoolboy
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Re: Coronavirus Government Bailout Thread

Post by simple schoolboy »

96583UP wrote:'Democracy Doesn't Work, People'
- Kent Brockman

https://www.wsj.com/articles/lawmakers- ... 1585393200
Tucked inside the FDA bill was a separate measure championed by makers of sunscreen such as Coppertone and Banana Boat. U.S. sunscreen manufacturers won language that halts an FDA review into whether the ingredients of most widely used sunscreens are harmful.
This makes some sense. The FDA is terrible on sunscreen. We can only use grandfathered-in sunscreen components in the US, while the EU has less carcinogenic, more effective UV filtering agents in theirs.

Why should Coppertone or Banana Boat pay for the insanely expensive trials to bring new materials to market? Sunscreen is expensive enough, I shudder at the thought of proprietary sunscreen only available from one or two manufacturers.
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Re: Coronavirus Government Bailout Thread

Post by E.H. Ruddock »

So if people owe taxes from last year, is the government going to apply this to those? I've seen a bunch of people worried about that, apparently.
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Re: Coronavirus Government Bailout Thread

Post by wease »

E.H. Ruddock wrote:So if people owe taxes from last year, is the government going to apply this to those? I've seen a bunch of people worried about that, apparently.
That’s what we figured we’d use it on.
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Norah
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Re: Coronavirus Government Bailout Thread

Post by Norah »

E.H. Ruddock wrote:So if people owe taxes from last year, is the government going to apply this to those? I've seen a bunch of people worried about that, apparently.
I forget where I heard it but I heard the answer to this was no. You're getting a check even if you owe, but you'll still owe.
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Re: Coronavirus Government Bailout Thread

Post by simple schoolboy »

I'm seeing not great news from the SBA and loan roll outs. Larger banks are not involved, regional banks are but having difficulty submitting applications, etc.

Anyone here have any luck with them?

Also, loans? Fuck it, money printer goes BRRRRRRR.
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verb_to_trust
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Re: Coronavirus Government Bailout Thread

Post by verb_to_trust »

My wife's Ortho clinic is hoping to get in on it, and they are apparently affiliated with a local bank, so we'll see. At one point there was a rumor it was going to be a lottery system due to all the applications.
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96583UP
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Re: Coronavirus Government Bailout Thread

Post by 96583UP »

I read they are already working on writing Round 2, and they will add more to the SBA program if it hits the $350 B cap
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Re: Coronavirus Government Bailout Thread

Post by Self »

Our check is pending. Probably be available on Monday. Am I supposed to spend it to boost up the economy?
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Re: Coronavirus Government Bailout Thread

Post by doug rr »

Self wrote:Our check is pending. Probably be available on Monday. Am I supposed to spend it to boost up the economy?
get a thinline telecaster
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verb_to_trust
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Re: Coronavirus Government Bailout Thread

Post by verb_to_trust »

I'm going to sit on the money since I'm still working. It's hard to feel like there isn't a catch here.
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Re: Coronavirus Government Bailout Thread

Post by Self »

doug rr wrote:
Self wrote:Our check is pending. Probably be available on Monday. Am I supposed to spend it to boost up the economy?
get a thinline telecaster
If I'm gonna be productive with all of these toys, I should probably get a bass. The one I have is like trying fret rebar over train tracks.
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Re: Coronavirus Government Bailout Thread

Post by tragabigzanda »

FUCK ICE
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Strat
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Re: Coronavirus Government Bailout Thread

Post by Strat »

Self wrote:
doug rr wrote:
Self wrote:Our check is pending. Probably be available on Monday. Am I supposed to spend it to boost up the economy?
get a thinline telecaster
If I'm gonna be productive with all of these toys, I should probably get a bass. The one I have is like trying fret rebar over train tracks.
Remove the frets then and clean it up. Fretless bass yo!
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Re: Coronavirus Government Bailout Thread

Post by tree_ »

Raz and I got ours this morning, plus the 500 for Z Bear. It's hard to get excited and think about spending it cause we could be living through another great depression soon.
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