View Single Post
Old 05-28-2020, 03:50 PM   #261
RainMaker
General Manager
 
Join Date: Jun 2006
Location: Chicago, IL
Quote:
Originally Posted by Edward64 View Post
I can actually believe trillions in corporate loans/debt relief (e.g. they will pay back or owe, its not a "giveaway"). Its a large jump to "give billionaires a few trillion in handouts" and certainly don't see this in his 2 links.

Yes it is a giveaway. You are providing these companies with something that other companies do not have access to. You are allowing them to paper over their poor decisions that should have put them out of business and allowed competitors who made smart decisions to take their spot.

If this is not a giveaway, where can I get a $50 million loan for my business at those rates? I'll promise to pay it back just like them. Why is there only a special class that has access to interest free capital?
RainMaker is offline   Reply With Quote