Economist Dean Baker explains how the $2.2 trillion stimulus quietly provides up to $17 billion in loans for Boeing with almost no strings attached.
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IT'S A GIVE AWAY WITH THE FACADE OF A LOAN
They are probably one of the most affected with the Pandemic. To recover they probably need that and more.
I think more data is needed to know whether the country benefits in the long run by sponsoring them.
Democrats didn't vote for it because their donors and contributors are benefiting from the stimulus package also
I stated before big business companies cruise ships Etc are not going to lose a beat this is just going to be a temporary setback they are the ones that are greatly benefiting from the stimulus package others can't pay rent mortgage Buy food and other Essentials that's needed from the stimulus that they will receive it won't even cover People's rent and will people that are out of work be needed? will everybody be called back to work?
Nobody is talking about the endless wars that we are currently in, and how much it's costing us during this crisis.
People are dying because they have no healthcare coverage, but the war machine must go on.
The swamp is bigger than it's ever been before.
The president is just draining the swamp… of our money
At a time of impending climate catastrophy (major breadbasket failures could happen any time now, and the fun will really start when the teetering thwaits glacier dumps an immediate 2 meters worth of sea level rise) when the car and aviation industry should be completely outlawed and all the criminals involved with it harshly punished, the industrial megacancer made from humans goes in the opposite direction and bails them out instead, in an attempt to keep the hideous, immediately profitable braindead capitalist system going for as long as possible, wittling earths species down by half, until the energy runs out and the cancer ultimately collapses. Insanity like this is the norm and the true worth of the humans and why they need to go. Has the planet eating cancer species ever done the right thing. Never. humans are the real virus.
Nice what were you expecting?
Check out Lysander Spooner.
the hoops they are making small business owners go through to get part of this stimulus are many. This is an outrage! And im sure they are already receiving their $ while the rest of us wait. and this has nothing to do with fighting the freaking virus!!!
Boeing is laying off workers in South Carolina. Just saw it on local news. Local news doesn't say anything about bailout money though 😉
That should have gone to people and medical personnel and hospitals.
Stop entioning AOC. She is a kid.
Ridiculous, the last people that need help are the airlines. They’ve been gouging fliers for years, suck it up.
No, it’s a gift—from the taxpayers to the corporation
First where they getting all this money from? We are already in so much debt. Second the ppl you voted into office do not work for us they are running their own private companies within the government between themselves. Clearly the government has gotten to big. The constitution clearly states what the ppl should do when that happens. First why do they keep screwing us over? Because they do not fear the ppl. We are separated through race and class and that was by design. Second stop paying federal taxes It wont work if some people do and some people don't. You cant possibly think your vote is going to change the system. There spending are money that they steal out of are checks. The supreme court helped them do it by saying the money you receive for your labor is income so it can be taxed. But the government is supposed to be run by the ppl and who agreed to that? How many elected officials hold stock in Boeing all they did was increase there own bank accounts.
''They will file bankrupt at the end''.
Don't u know whare the money is going check n balance is not there so don't u know what's happening.
Doing it this way because they know that the former 'booming' economy was almost completely driven by free money and share buybacks. Got to pump that bubble back up.