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It's amazing that the US Federal government seems to be able to provide trillions of dollars in liquidity on a moment's notice to anyone and everyone - except t
by DiogenesKynikos 7y ago
It's amazing that the US Federal government seems to be able to provide trillions of dollars in liquidity on a moment's notice to anyone and everyone - except the states.
Airlines? Of course. Junk bond investors? Sure, why not? States? "We're not going to bail out Democratic-run states."
- mrnobody_67 7y agoDon't forget Carnival Cruise Lines... which doesn't even pay any taxes in the US as a corporation since it flies a flag of convenience and doesn't employ many Americans.
- wonderwonder 7y agoI mean that's easily explained. The Saudis just purchased 8% of them. Wouldn't want the Saudis to lose money would you? /s
- coderintherye 7y agoCarnival did not get a bailout: https://thepointsguy.com/news/carnival-did-not-receive-bailout/ https://thepointsguy.com/news/carnival-did-not-receive-bailo...
- hjonb 7y agoThe president and leader of the GOP wanted to give cruise lines, who are NOT paying federal taxes and fly foreign flags to dodge US taxes a giant bailout but give US cities some help? Hell no!
- DiogenesKynikos 7y agoYou're right that they did not specifically bail out Carnival. They bailed out the entire junk bond sector, which allowed companies like Carnival to raise money much more easily.
- artificial 7y agoIt would be immensely helpful to see uniforms with all of the campaign contributions each has like a race car driver so you know who butters their bread.
- dillonmckay 7y agoI would vote for that constitutional amendment.
- artificial 7y agoI'm down, we need a catchy name to start a movement. I'm totally ready to throw this up on a website, there's got to be a place that shows donors and maybe cross reference which bills they support with some sentiment analysis "68% Favorable to Hollywood" and make it like rotten tomatoes.