Trump's Half A Trillion Secret Stimulus Bill

The reason, Tom, that all these noble companies, pillars of our economy, are screaming that they'll explode and sink if they have a bad six weeks is that they spent every dime of available cash on stock buybacks. The Trump tax windfall enabled them to do that. Now, they have no cash reserves and want taxpayers to pay for their greed and incompetence.

The best solution would be for the government to buy all that extra stock. That way, those corporations wouldn't be getting something for nothing.

You railed at Mark for "speculation"--you even hauled out your copy of "A Child's First Dictionary" to make your point---and when called out on it, you won't even say what horrible crime Mark supposedly committed.

PJ, Trump and his stooges have never been against CORPORATE socialism. Starving the government of revenue and running up a trillion-dollar deficit in order to give corporations more cash is very socialist!

The Republican view is that the primary purpose of government is to enrich corporations and billionaires. Mitch & Co. couldn't conceive of a bill that would just help ordinary people--they had to toss half a trillion dollars' worth of graft onto it.

That's horrid and reprehensible, and it's disgusting that our Trumpers are in favor of it.

I'm Socialist Larry Kudlow and I approve this message.

We are not looking at a bad 6 weeks, but 2-3 months of no revenue. NO company has that much cash. 

Not that many companies did stock buybacks. 

The Democrats are adding things that have nothin to do with economic stimulus by wanting to add things like EPA standards. 

kevin shows what he & the rest of the socialists really want - ownership of private industry. 

The 3 stooges spend weeks complaining about how the govt screwed up the virus, but their solution is more govt control. 

It's all about power 

You have no idea what I want. I do, however, know that your reasoning skills are poor and tainted by your ideology.

You are the one who wants the govt to get stock in companies they provide money for. 

Tom lets play though how you think it should work.  Say, the government gives some corporate-owned hotel business a large cash infusion because as you say they are short of cash. The corporation gets its cash but what does it do with it?  Do you honestly think they will say let's keep everyone on the payroll even though the hotels have no guests so there is no work for our employees to do? No, of course not. They will lay everyone off and pocket the cash. In fact, since they are a corporation by law they have to do what is best for the shareholders, so laying people off is exactly what they would do. 

There is no logical reason for a company to hoard cash. 

In order to make money a company had to invest it in whatever needs to be done to generate revenue. 

That includes hiring people, keeping facilities up & running to name a few things. 

Tom, You don't hire when there is no demand for your product or service.  The management of a corporation has a fiduciary duty to its shareholders to maximize their profits. (All articles of incorporation in all states spell this out) They would pay the money out via dividends or buy back stock as that is what maximizes shareholder profit in times where there is no demand. By their legal obligation to the shareholders, they simply cannot hire people for the public good.