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Topic Title: Dow Topic Summary: Created On: 03/26/2020 06:52 AM |
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 03/26/2020 06:52 AM
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It's fascinating to watch the gamblers gamble. Will we get the two trillion so we can place more bets!! Please God yes!!!
..or is that $6 trillion? it's hard to keep track. And how in the fuck did all of these corporations go broke in three fricken weeks? ------------------------- I was right. |
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03/26/2020 07:05 AM
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Learning basic economics and finance would help you become a better citizen. Delta, for example, has 90,000 employees and about a thousand planes. It must continue paying those employees and the payments on the debt for those planes, while getting essentially no income. Few companies can last long under such circumstances. Seriously, you should educate yourself. That was a really dumb question.
------------------------- I :heart; Q |
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03/26/2020 07:07 AM
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3.3 Million File For Unemployment Claims, Shattering Records. Is America great again?
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03/26/2020 07:15 AM
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Learning basic economics and finance would help you become a better citizen. Delta, for example, has 90,000 employees and about a thousand planes. It must continue paying those employees and the payments on the debt for those planes, while getting essentially no income. Few companies can last long under such circumstances. Seriously, you should educate yourself. That was a really dumb question. Well maybe they should have saved for a rainy day instead of buying back stock to make the shareholders wealthy. As for the employees, I doubt they will be paying them for long. They'll lay off thousands, pay themselves a fat bonus, and liquidate the assets if they need to. ------------------------- Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system. In biology, such behavior of cells is called "cancer". |
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03/26/2020 07:23 AM
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Learning basic economics and finance would help you become a better citizen. Delta, for example, has 90,000 employees and about a thousand planes. It must continue paying those employees and the payments on the debt for those planes, while getting essentially no income. Few companies can last long under such circumstances. Seriously, you should educate yourself. That was a really dumb question. Well maybe they should have saved for a rainy day instead of buying back stock to make the shareholders wealthy. As for the employees, I doubt they will be paying them for long. They'll lay off thousands, pay themselves a fat bonus, and liquidate the assets if they need to. Rusty, like you said in the other thread. This shit is fragile. It's set up to fail. You can only have a system that benefits 1% of the people for so long. Eventually the money will have to be spread out or it will all collapse. It's why I am hopeful we will see a new structure soon. Maybe not today, maybe for our kids.... |
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03/26/2020 07:24 AM
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Learning basic economics and finance would help you become a better citizen. Delta, for example, has 90,000 employees and about a thousand planes. It must continue paying those employees and the payments on the debt for those planes, while getting essentially no income. Few companies can last long under such circumstances. Seriously, you should educate yourself. That was a really dumb question. Then why did you argue against it when Obama was president? Why the change in tune? And yes, I have what you said the first time around. ------------------------- I was right. |
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03/26/2020 07:29 AM
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In 2018.
The bonuses come after Delta reported $3.9 billion in net income for 2018. The profit sharing is based on the company's $5.2 billion in pre-tax income for 2018. The company holds its annual profit sharing day on Feb. 14 with employee celebrations at different locations.Feb 14, 2019 Industry: Airline Delta Air Lines pays out $1.3 billion in profit-sharing bonuses ------------------------- I was right. |
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03/26/2020 07:30 AM
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------------------------- I :heart; Q |
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03/26/2020 07:30 AM
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Learning basic economics and finance would help you become a better citizen. Delta, for example, has 90,000 employees and about a thousand planes. It must continue paying those employees and the payments on the debt for those planes, while getting essentially no income. Few companies can last long under such circumstances. Seriously, you should educate yourself. That was a really dumb question. Delta has been utilizing profits to boost pay/bonuses for executives and making incentives for investors instead of banking the profits for emergencies like this. You should educate yourself instead of willfully and blind fully giving in to such a bail out. To top it off, it seems you are a socialist after all... |
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03/26/2020 07:31 AM
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Well maybe they should have saved for a rainy day instead of buying back stock to make the shareholders wealthy. As for the employees, I doubt they will be paying them for long. They'll lay off thousands, pay themselves a fat bonus, and liquidate the assets if they need to. Rusty, like you said in the other thread. This shit is fragile. It's set up to fail. You can only have a system that benefits 1% of the people for so long. Eventually the money will have to be spread out or it will all collapse. It's why I am hopeful we will see a new structure soon. Maybe not today, maybe for our kids.... If they try to force workers back when it's still unsafe I think we might have the possibility of the first general strike in modern US history. Something has got to give. ------------------------- Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system. In biology, such behavior of cells is called "cancer". |
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03/26/2020 07:36 AM
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Learning basic economics and finance would help you become a better citizen. Delta, for example, has 90,000 employees and about a thousand planes. It must continue paying those employees and the payments on the debt for those planes, while getting essentially no income. Few companies can last long under such circumstances. Seriously, you should educate yourself. That was a really dumb question. Then why did you argue against it when Obama was president? Why the change in tune? And yes, I have what you said the first time around. What you don't have is me advocating for this spending. Haven't given my opinion on it. I am certainly against a lot of it. Get your act together, Cole. Stop your panicking and start thinking rationally. Well now, that was a pathetic answer. Why did you attack Obama over $350 billion and yet are giving Trump a blowie over $2 trillion? Panic, I surfed a perfect little bar for two hours yesterday and am going to work in the woods today. Sorry pal, there is no panic. Am I concerned for the elderly and disenfranchised when they go after Medicare and Social Security to recoup lost monies? Of course. ------------------------- I was right. |
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03/26/2020 07:39 AM
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------------------------- I :heart; Q |
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03/26/2020 07:50 AM
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This is the reality of the economy that dopes like tspank touted as the best ever...
One interruption of the cycle from revenue to immediate bill payment shows that there are no reserves. We are running on credit, not just people, businesses and corporations. tspank has no business lecturing anyone on economics when he and his braindead pals were oblivious to the tenuous nature of our economy |
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03/26/2020 07:52 AM
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Feel free to point out to these fine folks where I gave "Trump a blowie over $ 2 trillion." WARNING: Don't hold your breath on him getting that posted, folks. Cole is lying once again and will mysteriously disappear into his bunker.
------------------------- I :heart; Q |
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03/26/2020 07:57 AM
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Well maybe they should have saved for a rainy day instead of buying back stock to make the shareholders wealthy. As for the employees, I doubt they will be paying them for long. They'll lay off thousands, pay themselves a fat bonus, and liquidate the assets if they need to. Rusty, like you said in the other thread. This shit is fragile. It's set up to fail. You can only have a system that benefits 1% of the people for so long. Eventually the money will have to be spread out or it will all collapse. It's why I am hopeful we will see a new structure soon. Maybe not today, maybe for our kids.... If they try to force workers back when it's still unsafe I think we might have the possibility of the first general strike in modern US history. Something has got to give. You misjudge the American people. Progs excepted, we can't wait to get back to work. You're deluded if you think you speak for the american people. The real people intend to protect themselves and their families, and if you think they will risk their lives for capital, you're out of your gourd. ------------------------- Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system. In biology, such behavior of cells is called "cancer". |
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03/26/2020 08:03 AM
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More tpap clownin'...
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03/26/2020 08:10 AM
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Btw, up 80% so far on my Carnival purchase. Nice chunk of change for a week's labor.
------------------------- I :heart; Q |
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03/26/2020 09:17 AM
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You own one of those Petri dishes anchored off Port Canaveral?
Looks like bidness is booming. ------------------------- Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system. In biology, such behavior of cells is called "cancer". |
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03/26/2020 10:43 AM
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imagine that, a global pandemic from a deadly virus causes markets to crash, unemployment to sky rocket, and the world economy to come to a grinding halt. like serious, imagine that! nobody expected that to happen. everyone expected business as usual. some of you people, seriously lol
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03/26/2020 10:48 AM
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imagine that, a global pandemic from a deadly virus causes markets to crash, unemployment to sky rocket, and the world economy to come to a grinding halt. like serious, imagine that! nobody expected that to happen. everyone expected business as usual. some of you people, seriously lol Imagine ignoring the NSC's pandemic reaction plan and saying the numbers are lower than they are and saying everything is OK. Imagine ignoring science and contradicting what doctors say live on national TV. These are the things that tank economies... |
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