Pelosi won't support standalone airlines bill without larger relief bill

OMG so while people get evicted what you say they should do Is go and give the airlines another 20 or 30 billion dollars ??
Who the herk is Going to BY TICKETS IF THEY ARE Broke !

Lord No wonder Trump will lose Big business and ONLY big business get any help with Republicans .
The ONES who LEAST need help .
the Republicans cant seam to UNDERSTAND No business will keep going unless the people have jobs and money .

Of course she will block anything that might help people, they need some way to blame him and if it doesnt happen then they can say he was being unreasonable and the press will back them up.

a reply to: midnightstar

You must not have read my short OP. I said that I was worried about her having the same attitude with standalone bills for stimulus checks and unemployment benefits.

a reply to: midnightstar

No we're saying it do it by itself.

Do one thing at a time so nothing has a chance to hide.

originally posted by: JinMI
At this point, what difference does it make?

Hilldog? Is that you?

Trump signed that 7T bill without any concession.

He's not a socialist, he's all for that free market-y stuff.

Selfish part if me says hand out that money so I can ensure a winter survival.

Casa Augie is well-stocked, bring some beer.

a reply to: tamusan

Pelosi will not support any bill that does not include a bail out for blue cities and states.

originally posted by: rickymouse
Trump already used an executive order to help many people, but he could only do so much for a short time which might be ending soon.

The airline bailout came with a string attached. No layoffs through Sept 30. Now that's passed. You can find all kinds of stories online about upcoming layoffs by the airlines.

Trump gave them (loaned them) the money with that stipulation. I'm sure back when it was done, the thought was we'd be out of the lockdown. The airlines are hurting. Very, very badly and there's a lot of people in the industry.

I'll bet that there might be a lot of airline people who are Democrats considering voting Trump. Add that to the police unions and we might see a lot of #WalkAway.

a reply to: tamusan



She did not Mean that , She was Sheet Faced Drunk at the Time ......

I am in favor of government assistance to the airlines to help them make it through this crisis and most importantly avoid layoffs of front-line workers, BUT

One thing I've learned is that over the past decade, many of the top US airlines have embarked on massive stock buyback initiatives to tweak their earnings per share, and to potentially help enrich their executives (whose bonus compensation is often tied to EPS, which stock buyback programs will boost due to shrinking the number of available shares out in the market).

IMO before any taxpayer money is handed over to businesses for COVID bail outs, those businesses ought to be compelled to sell stock shares that they have bought back over the years, often wasting free capital on buyback programs that the company could've have set aside for "a rainy day".

If companies have assets like this (bought back shares), they should liquidate them first, and then receive bailouts when/if that's not enough. Executives ought to feel some pinch on this, same as the little guys.

originally posted by: ketsuko
a reply to: tamusan

If you pass standalone bills, then it's much harder to bury things like a bailout of state governments in it.

Or things that line the congress person's pocket.

originally posted by: JinMI

originally posted by: AugustusMasonicus

originally posted by: tamusan
I just mean that under normal circumstances I would be completely against a multi-trillion dollar debt being added.

I'm against it now. I was against it in March/April. It's absurd.

At this point, what difference does it make?

Trump signed that 7T bill without any concession.

Selfish part if me says hand out that money so I can ensure a winter survival.

I see what you did there.

But I'm not sure I agree on that. $1200 isn't going to get too many people through a five-month winter like ours usually are. You get hit harder than we do toward the center though.

a reply to: tamusan

That's because they are to stupid to see it is her sticking it to them

originally posted by: KansasGirl
a reply to: tamusan
But damn the airlines. They got billions in the first covid relief bill. They can take from their executives’ ridiculous salaries and take away their bonuses this year if they are having trouble. Live like the rest of us WHO DONT GET BAILED OUT.

Believe me, there are no bonuses for anyone in the airline industry, CEO or not, for work done in 2020. Yes, billions of dollars get shoved around but it's all relative. Flying planes is extremely expensive. The only airlines making money now are the all-cargo freighters. There are not enough passengers to keep the airlines afloat.

originally posted by: SleeperHasAwakened
I am in favor of government assistance to the airlines to help them make it through this crisis and most importantly avoid layoffs of front-line workers, BUT

One thing I've learned is that over the past decade, many of the top US airlines have embarked on massive stock buyback initiatives to tweak their earnings per share, and to potentially help enrich their executives (whose bonus compensation is often tied to EPS, which stock buyback programs will boost due to shrinking the number of available shares out in the market).

IMO before any taxpayer money is handed over to businesses for COVID bail outs, those businesses ought to be compelled to sell stock shares that they have bought back over the years, often wasting free capital on buyback programs that the company could've have set aside for "a rainy day".

If companies have assets like this (bought back shares), they should liquidate them first, and then receive bailouts when/if that's not enough. Executives ought to feel some pinch on this, same as the little guys.

Corporate execs shouldn't see a dime until the bailouts are done AND paid back. It's not like they can't live on their millions a year, especially if they have stocks that can be sold to raise money to keep the company afloat.

a reply to: HalWesten

I hear you, but you and I both know that's not how things will play out. Just look to the resolution of the bailouts in 2008 as a template. The top people for these companies will not feel discomfort. C'est la vie.

originally posted by: ketsuko
a reply to: tamusan

If you pass standalone bills, then it's much harder to bury things like a bailout of state governments in it.

Here is a trick the republicans can do. Sneak in very very small print that stipulates no money will be given to states that did not try to stop the riots or screwed up their first checks. Get the guy who writes on rice to sneak it in.

originally posted by: AugustusMasonicus

originally posted by: KansasGirl
Live like the rest of us WHO DONT GET BAILED OUT.

How much you need? Fitty, a Benji?

Hmmm...let me think about that before I answer...

originally posted by: SleeperHasAwakened
I am in favor of government assistance to the airlines to help them make it through this crisis and most importantly avoid layoffs of front-line workers, BUT

One thing I've learned is that over the past decade, many of the top US airlines have embarked on massive stock buyback initiatives to tweak their earnings per share, and to potentially help enrich their executives (whose bonus compensation is often tied to EPS, which stock buyback programs will boost due to shrinking the number of available shares out in the market).

IMO before any taxpayer money is handed over to businesses for COVID bail outs, those businesses ought to be compelled to sell stock shares that they have bought back over the years, often wasting free capital on buyback programs that the company could've have set aside for "a rainy day".

If companies have assets like this (bought back shares), they should liquidate them first, and then receive bailouts when/if that's not enough. Executives ought to feel some pinch on this, same as the little guys.

It's not really a good idea to let airlines die. So many businesses would fall like dominoes. It's not like anyone can just buy a few jets and start new airline when all this lockdown crap is finally done with.

originally posted by: LogicalGraphitti

originally posted by: KansasGirl
a reply to: tamusan
But damn the airlines. They got billions in the first covid relief bill. They can take from their executives’ ridiculous salaries and take away their bonuses this year if they are having trouble. Live like the rest of us WHO DONT GET BAILED OUT.

Believe me, there are no bonuses for anyone in the airline industry, CEO or not, for work done in 2020. .

I don’t believe you. Because you’re just a random person on an anonymous forum; because I haven’t looked it up myself; it’s just really hard to believe that airline executives are really hurting. How many houses does each have, and where? Any private planes, Etc? If there really are no bonuses for them this year, are we to feel sorry for them? Why should we?