3 ms·
> General Electric had 2 days of cash before they couldn't continue operations. Instead they passed this burden onto everyday people, who - by the millions - w
by digler999 11y ago
> General Electric had 2 days of cash before they couldn't continue operations.
Instead they passed this burden onto everyday people, who - by the millions - were evicted or foreclosed on because they ran out of cash and "couldn't continue operations".
- yummyfajitas 11y agoCould you explain the mechanics of that? How does beginning a many-months long foreclosure process help GE's 2 day cash flow, or somehow pass costs on to everyday people?
- digler999 11y agoBy not getting equal representation by our government. I'm saying the gasp shock! that GE might not pay its bills really clenches peoples' rectums. so something had to be done! (and was). But when cashflows of millions of ordinary citizens ran out, no shock, no horror, no rush to "bail out" people from insolvency.