Corona Virus #6

randy41 · Mar 26, 2020

This isn’t the first time they did stimulus money

ovrszd · Mar 26, 2020

Steppenwolfe said:
Bum&$@% has a hospital??? :shocked:

You beat me to it.....

/pine · Mar 26, 2020

rlgustafson said:
People who invest their hard earned money in equities shouldn't share in the profitability of the company, they invest in, with increased share prices? They certainly take the hit when share prices retract!

Why would ANYONE invest then?

I should have clarified I really meant "insider" shareholders...eliminate those machinations and there would be more money for labor, more money for quality and more money for the common shareholder...

ovrszd · Mar 26, 2020

rlgustafson said:
Did you ever consider the union induced high cost of labor for even a second?

Sadly, you are correct Rick.

DarkBlack · Mar 26, 2020

ovrszd said:
You beat me to it.....

Please explain, or just a baseless sarcastic comment?

Diggin It · Mar 26, 2020

If the IRS doesn't have a 2018 or 2019 tax return with your name on it, it can pull information from a 2019 Form SSA-1099, Social Security Benefit Statement, or Form RRB-1099, Social Security Equivalent Benefit Statement, to calculate your stimulus check amount.

I wonder if they'll DD to the same bank as SS payments?

Steppenwolfe · Mar 26, 2020

rlgustafson said:
Did you ever consider the union induced high cost of labor for even a second?

Has no bearing... No Unions here... Bloomberg - Are you a robot?

Diggin It · Mar 26, 2020

It's not only high labor costs, it's fewer people who want to do production line work.

California · Mar 26, 2020

randy41 said:
This isn't the first time they did stimulus money

As I recall last time a huge amount of the money that went out had non-disclosure conditions because the government was afraid that naming the recipients could cause a run on weak banks. That secrecy turned out to be a mistake because much of that money reappeared to be used to buy and consolidate competitors or to maintaining the existing level of bonuses instead of trickling down to re-hire laid off workers. Hopefully this one will work better. Do we know what proportion of the stimulus is going to individuals this time?