Socialism sucks! (Virus hits). Socialism save us!!

Its not a bad idea. We took stakes in banks that we bailed out. The stakes were sold off mainly when the share price warranted it. If these companies want support to keep going its a small price to pay.

Obviously it must make the free marketeers a bit queasy.
 
Trump says he would consider government equity stakes in companies seeking bailouts

President Donald Trump said Thursday he would consider having the federal government take equity stakes in companies accepting federal aid in a bailout geared toward blunting the economic impact from the widening coronavirus outbreak.

When asked by a reporter whether he supports the government taking an equity stake in certain companies, he responded: “I do. I really do.”

<snip>

An equity stake is unlikely to be the companies’ preferred form of relief. The move is often dilutive to shareholders and gives the government greater ability to oversee a company.


We're turning into Venezuela! All hail Dear Leader, our wartime president!
But don't worry, it's okay when Republicans do it.

And it's super good when Trump does it, the best thing ever, believe me.
.
 
Uh, so you want the government to just hand over billions of dollars to companies without any direct oversight or without any say in how it is used? Just admit it: No matter what Trump does, you guys are so blindly partisan and closed minded that you'll still attack him.
 
Did you notice this statement from the article you cite?:

"General Motors gave a stake in its business to the U.S. government during the auto bailout in 2009. When it ultimately paid back the government, it had to wipe out shareholders in return."

And, of course, Trump would not even be considering this if we weren't in this Democrat-induced panic.
 
'Capitalism' doesn't provide solutions, it provides financial profit. It is not an ideology, faith or doctrine. It is just one approach to economics, and it has historically shown its limitations as to its effects on general welfare.
Typical commie claptrap. Is the washing machine a solution? The telephone? The electric light?

You're a moron who spouts propaganda without understanding it.
 
Did you notice this statement from the article you cite?:

"General Motors gave a stake in its business to the U.S. government during the auto bailout in 2009. When it ultimately paid back the government, it had to wipe out shareholders in return."

And, of course, Trump would not even be considering this if we weren't in this Democrat-induced panic.
To this day, there are forum members here who attack that auto bailout as socialism.

They also deny the government made a profit off the socialist bailout.
 
Capitalism holds solutions to all our problems is a given for right wingers. Everything has always been boiled down to "CAPITALISM GOOD --- SOCIALISM BAD", yet the only steps we are taking are things that the right has condemned as anti-American for years. Not a single capitalist idea in the batch . Why not? Surely some of the smart right wingers here have figured out several ways that capitalism can easily get us beyond this problem. Here's your chance. Show us how capitalism can solve this.


More Capitalist businesses stepping up to help...

Distilleries Take Action To Help Americans In COVID-19 Crisis; Trump Cheers

Distilleries in Pennsylvania, Vermont and North Carolina are temporarily converting their operations to produce a much-needed product amid the plague of panic-buying: hand sanitizer.

In a report promoted by President Trump on Thursday, NBC News tells the story of multiple local distillery owners responding to the exploding demand for hand sanitizer, which has largely disappeared from shelves and is one of the more price-gouged items during the crisis.

“America’s Private Sector is stepping up to help us be STRONG!” Trump tweeted Thursday in reference to NBC’s report. “Many of the Nation’s distillers, large and small, are producing and donating hand sanitizer to help fight [COVID-19]. THANK YOU!”

How is profit involved in the transaction. Profit is the required goal of any capitalist endeavor. What we have here is a normally capitalist company engaging in a purely socialist endeavor. Good for them.
Hmmmm . . . . wrong. I just pointed out that profit isn't required by an enterprise under capitalism.

Don't be silly. Just because you said something doesn't make it true.
No one disagreed with it. If you disagree, then give a reason. Otherwise, shut the fuck up.
 
Ah, lookee here!

Consider Obama's record:

<snip>

* An auto bailout that cost taxpayers at least $12 billion--i.e., $12 billion that we won't be getting back. (If those automakers had gone through a normal structured bankruptcy, they would have emerged in much better condition for the long term and taxpayers would not have been stuck for $12 billion.)
 
'Capitalism' doesn't provide solutions,

You mean besides the "solution" for lifting hundreds of millions of people out of abject poverty and turning the world from one of scarcity into one of abundance over the last century, right?
'Capitalism' intends nothing other than to deliver a return on financial investment.
People who use capitalism often act in human ways and do things beneficial to others.This is human, and proper.
'Capitalism' never set out to change things for poor people.
Capitalism doesn't have intentions, moron. Only people have intentions.

Capitalism never set out to help poor people, but nevertheless it did. It helped the power 1000 times more than all the European welfare programs put together.
 
Capitalism holds solutions to all our problems is a given for right wingers. Everything has always been boiled down to "CAPITALISM GOOD --- SOCIALISM BAD", yet the only steps we are taking are things that the right has condemned as anti-American for years. Not a single capitalist idea in the batch . Why not? Surely some of the smart right wingers here have figured out several ways that capitalism can easily get us beyond this problem. Here's your chance. Show us how capitalism can solve this.
Do you think Trump could have done a better job without Mueller and a 5yr Russian hoax and a 6 month fake impeachment on his ass 24/7.

Think maybe he would have started to change the medical supply chain earlier. He was talking about it from day 1. You don't remember that.

Be honest in this answer now. Your integrity depends on the answer?

Trump had credible information from experts that showed the inevitability of where we are now back in January, but he chose to lie to shield the stock market from losses instead of preparing for the onslaught we have now.
My integrity doesn't depend on one answer to any question. It depends on me using honest and fair data to make my decisions, and my willingness to admit it when I'm shown to be wrong.
He was being impeached in January, you don't remember a whole month sitting on the articles. You were calling him racist when he did close China. We'd be in a state of emergency now if he listened to you.

He worried about our med supply chain from day 1. Would he have been better off addressing this without Mueller and this Russian hoax...STILL on his ass 5 yrs later?

We have to wonder huh??

Someone qualified to be president doesn't ignore his job to cover his ass. It's part of that walking and chewing bubble gum thing.
Horseshit. He would no longer be President if he followed your advice. It's funny how Dims are always expecting Republican presidents to immolate themselves, but never Democrat presidents.

Why do you suppose that is?
 
Did you notice this statement from the article you cite?:

"General Motors gave a stake in its business to the U.S. government during the auto bailout in 2009. When it ultimately paid back the government, it had to wipe out shareholders in return."

And, of course, Trump would not even be considering this if we weren't in this Democrat-induced panic.
To this day, there are forum members here who attack that auto bailout as socialism.

They also deny the government made a profit off the socialist bailout.
I suspect they will all be changing on that shortly.
 
Did you notice this statement from the article you cite?:

"General Motors gave a stake in its business to the U.S. government during the auto bailout in 2009. When it ultimately paid back the government, it had to wipe out shareholders in return."

And, of course, Trump would not even be considering this if we weren't in this Democrat-induced panic.
To this day, there are forum members here who attack that auto bailout as socialism.

They also deny the government made a profit off the socialist bailout.
I suspect they will all be changing on that shortly.
“The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia.”
 
Capitalism holds solutions to all our problems is a given for right wingers. Everything has always been boiled down to "CAPITALISM GOOD --- SOCIALISM BAD", yet the only steps we are taking are things that the right has condemned as anti-American for years. Not a single capitalist idea in the batch . Why not? Surely some of the smart right wingers here have figured out several ways that capitalism can easily get us beyond this problem. Here's your chance. Show us how capitalism can solve this.


More Capitalist businesses stepping up to help...

Distilleries Take Action To Help Americans In COVID-19 Crisis; Trump Cheers

Distilleries in Pennsylvania, Vermont and North Carolina are temporarily converting their operations to produce a much-needed product amid the plague of panic-buying: hand sanitizer.

In a report promoted by President Trump on Thursday, NBC News tells the story of multiple local distillery owners responding to the exploding demand for hand sanitizer, which has largely disappeared from shelves and is one of the more price-gouged items during the crisis.

“America’s Private Sector is stepping up to help us be STRONG!” Trump tweeted Thursday in reference to NBC’s report. “Many of the Nation’s distillers, large and small, are producing and donating hand sanitizer to help fight [COVID-19]. THANK YOU!”

How is profit involved in the transaction. Profit is the required goal of any capitalist endeavor. What we have here is a normally capitalist company engaging in a purely socialist endeavor. Good for them.
Hmmmm . . . . wrong. I just pointed out that profit isn't required by an enterprise under capitalism.

Don't be silly. Just because you said something doesn't make it true.
You are seriously telling that poster not to be silly? "Silly" is when it is at its best; mostly it is trash ideas and trash talk.
 

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