Corporate boards are handing out millions to top executives before their companies seek bankruptcy protection, and courts can’t do much about it.
www.nytimes.com
CEOs And Executives Of Companies Filing For Bankruptcy Make Millions
Just so you don't claim one site is biased.
hahahahhahahahahahhah
that doesn't make the OP wrong--not even close!!
you have not refuted the OP
I was answering your question.
....what company or organization, who is in MONUMENTAL debt, gives their workers a raise--more $$$$ ---to stay home!!!!!!!!!!!!????????
ok, ty but:
--not the same thing--that's not YOUR $$$$$
Of course it is OUR money. They have this money because of the trillions we have pumped into the markets. They mishandled it and walked off with millions.
And then Obama bailed them out 100%, including those $billions in profits they walked off with. And continued to pump $70 billion a month into the markets despite record profits.
He did and I called that a total failure on his part. But Obama had nothing to do with those still doing this. We are still doing what Obama did. We never stopped.
Actually we did.
What remains is the markets continue to thrive off of zero to low interest rates wherein they can margin invest at basically no cost.
If you were given $1 million, interest free, to invest...and you have a team of highly skilled investors and inside information... even in bad years you still make a ton of money. And remember Obama actually put the idea out there to PAY market borrowers, so not only free interest - but PAY them to borrow tax dollars. Once again showing how Obama was not, in any way, what he pretended to be.
NO, we are still bailing out companies.
Bulk of Trump's U.S. farm aid goes to biggest and wealthiest farmers: advocacy group
We are still pumping trillions.
The Fed Has Pumped $9 Trillion into Wall Street Over the Past Six Months, But Mnuchin Says “This Isn’t Like the Financial Crisis”
Obama failed. Trump failed.
Fair enough, as long as you realize neither is better than the other when it comes to propping up corporatism.
None of it is good.
Obama was a globalist. America was not #1 for him, in fact he presented America as a dining room buffet table for the wealthy and other countries to feed off of.
Trump at least placed America above other countries. He removed the chairs from that buffet table to foreigners. Biden put them right back, and quickly put China at the head of the table just like they were with Obama.
Nothing was removed. Trump talked but didn't follow through. He said he was going to get us a new trade deal with China. He said it would be easy. Tell me, what is in that new trade deal?
.....he said America is NOT first/ETC-- = the other countries are - they KNOW they can try to fk America over now
etc etc 4 BILLION$ to other countries for Covid--when most Americans have not been vaccinated/etc ==THIS is total fking over of America
With little notice, Biden is developing a new trade strategy meant to protect American jobs.
www.yahoo.com
Antony Blinken to tell Senate confirmation committee America must mobilize support from other countries to 'outcompete' China, counter threats from Iran, Russia, North Korea
www.timesofisrael.com
"US needs it's allies to thrive".
Sorry, what problem do you have with that? We should drive the rest of the world into poverty?
A bit extreme don't you think?
Isolationism won't work, but neither does using the wealth of your nation to benefit others that hurts yourself.
Corporatism/globalism has been doing this very thing for over 40 years now. And look at the result of that. Wealth concentration is nearing the same rates as the old Feudal systems of old. Corporatism/globalism loves them some slave labor. China is the key player of course. And yes, China engages in slave labor today 1000 times more than America ever did in our past.
And Obama and China Joe were both very instrumental in increasing the exploitation of Chinese workers to feed the rich.
Like Mark Cuban.
China's slave labor...........they hire on an employee. Granted they don't get paid much. The seasons roll around and it's time to bring in the harvest. They quit showing up to work and harvest their crops.
And yes, I know this to be a fact.
We are the ones dropping bombs all over destroying what little others have to increase what we have.
Then you don't know much about how China's system works.
Take China's wine industry. Went from zero to a major exporter of cheap wines in no time.
How did China get the field workers? They bussed them in by force. Go ahead Google it. They forced minority Muslim villages into busses and relocate them to work in the vineyards. You tell me... is that slavery?
That is far from the experience we had in training people. They would simply just not show up. We were told they were tending to their crops. They also refused to do the hard tedious work because they knew people in the U.S. was getting far more money for doing it than they were.
That work is still being done here.
Not sure what you are talking about, or just avoiding it? China has slave labor in my book.
In my book a person is a slave if they are forced to do a job they didn't apply for. And that happens in China with minority populations.
In my book a person is also a form of a slave, in this day and age, when the owner of production is making lucrative profits off of your labor, but you are making egregiously low wages. Here in the U.S., even low-low wage jobs pay 10 to 12 times higher than many jobs in China.
