(04-20-2020, 02:44 PM)StroudCrowd1 Wrote:

(04-20-2020, 02:40 PM)TJBender Wrote: Did they incorporate? Then they should receive small business loans as part of the stimulus--should have, anyway, before all involved handled those funds like a dozen monkeys [BLEEP] a football. Did they not incorporate? Good God man, why not?

And there's my heartless angle, too: I make a whole lot less than $200K, and I've managed to build up an entire year worth of safety net in savings. If something happens, I could change absolutely nothing about the way I live and sustain for an entire year. That was before the stimulus deposit came in. If someone making $200K hasn't figured out how to build up a six-month safety net, even if that involves not spending as much, then I don't know what to say beyond fire your accountant if you have one, and hire one if you don't.

So, we have common ground on the handling of the funds and acting like monkeys in heat.

Now you are getting into personal responsibility of saving for "a rainy day". Most peoples rainy days don't last this long.

You bring up an interesting point about someone making a 6 figure income not figuring out how to build up a six-month safety net. Don't you feel that ALL businesses should do the same? If that were the case, there wouldn't be 10M unemployment claims in the past few weeks. Based on your example, we wouldn't even need a government if every business acted responsibly by stockpiling their reserves.

We do indeed have common ground on that. My position has long been that taxpayers need direct relief, small businesses need cash and loan access, and big businesses should have access to government backed zero-interest loans, period. American getting billions of dollars because they chose to tie up billions in paper airplanes rather than creating cash reserves is ridiculous. Delta getting the same billions of dollars because they bought a refinery that, surprise, airlines don't need if they're not flying, and now Delta has to ask its employees to take unpaid leave? No. Airlines are saying that even by parking or just outright retiring most of their aircraft and furloughing large portions of their staff, they still can't afford to stay in business. If a company that size raking in the profit airlines do can't build up any kind of cash reserve that will hold up through a period of minimal to zero operation, then they should be more or less allowed to fail, with those bailout funds going straight to their employees based upon tenure and salary.

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