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Coke, American Air, MGM: Big companies unleash pink slips as coronavirus reshapes global economy

RealityNow

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Coke, American Air, MGM: Big companies unleash pink slips as coronavirus reshapes global economy

Thousands of workers are poised to join the ranks of the unemployed, as ongoing turmoil from the coronavirus pandemic prompted Corporate America to unleash a wave of pink slips this week —adding to an already staggering number of people without jobs.

The worst thing American could have done and it did it, was to give mega Billion to these company rans by Predominantly Wealthy White Men.... and have some vain delusion that they'd be fair about anything.

Hopefully America learns from this. Any Public Money given to any Public Traded Company, should be wrapped in extremely intricate detail of exactly what that money can be spent on, and it it does not go to the employee ranks and very basic limited list of operational matters, and NOT ONE PENNY to any executive by any means.
If they can't abide by that, then "Don't Ask for Public Money".

One thing American should know, whether they are poor whites, working poor whites and certainly population numbers based minorities of every ethnicity is that... you never give "Wealthy White Men, Public Money and Expect They Will Be Fair and Honesty in Respecting the Workers and the Business.... They are always going to find a way to siphon off as much as they can, and hide what they earn away so, when things settle down, they will give each other bonuses and raises.

Trump Administration should be arrested and jailed for their callous and malice handling of American Taxpayer Supported Financial Resources.

And Every Republican Senator Should be voted out of office... and we need better means to remove them when they do stuff as vile as what they have done to deny assistance to the people and our cities.

They should be All be Prosecuted, Charged and Convicted of SEDITION, for the way they abdicated their responsibilities over to Trump and backed every damage he has done to America, and American Society, Governance and Our Allied Relations.

We have not forgot the sham they did to put Gorsuch on the Bench, and then to follow it up with Kavanaugh... All tied to Justice Kennedy, and he should be closely investigated as why he mysteriously chose to retire, but as we know it was to try and get out of the line of sight, because Justice Kennedy son was the Banker who loaned Trump the washed money of the Russian's, Drug Dealers, and Tyrants, through the Deutsche Bank

These companies should have been made to submit access to their payroll systems, and the Government issue the checks to the employees, who are in the system as of Jan. 1st, 2020. Not One Penny should the Company Executives have anything to do with it and no way to get access to it. Any individual employee making $120K or above could not get one penny.

There should be a close watch on any executive who engage in dumping stocks, at this time. If they are allowed to sell any, there should be limits set on what they can dispose of.
 
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TheParser

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I join other Americans in sympathizing with the millions of people who are unemployed or will soon lose their livelihood because of those business closures.

This COVID-19 tragedy is surely the worst domestic event in the history of this country, with the possible exception of the Civil War.

The lack of decency on the part of the Democrats and the Republicans to come together in a civilized manner to handle the pandemic is absolutely outrageous and disgusting.

First, COVID-19 hits us.
Second, riots and looting and arson break out across this nation.
Third, November 3 will see the most controversial (and probably most fraudulent) presidential election in our country's history.

*****

In 2008, the Rev. Mr. Wright (in)famously yelled, "God d*mn America." Apparently, his wish has come true.
 
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RealityNow

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We need a Re-classification of what constitutes a Small Business. None of these companies making multiple Millions a year should be classified as Small Business. Especially when we have a workforce subject to a minimum wage of $7.xx ..... !!!!

Any company that closes and the City, County and State invested money to help them build by investing in infrastructure, tax credits and such, should be required to pay 25% of their asset value to the City they are located. and if they are not in a city, then Pay it to the County. Because that corporate assistance was citizen backed funds.
This also must have a clause for them to clean up their blight and set up a fund for long term maintenance of the facility, until it can be sold.



People need to wake up... you suffer when these things are ignored and not thought of... and you end up with lost tax revenue that was used to benefit these companies, and they leave you with a massive industrial blight, that has no plan for maintenance servicing of the structure and the land.

Any City, County and State should mandate when any Corporation request public funds to be invested in infrastructure, land grants, and tax concessions.. they must set up a % of profit revenue that goes into a "Post Operations" Facility and Land Maintenance Fund.. EVERY STATE HAS TO AGREE. So they don't play games of screwing one state and running to another to screw them later.

American People have to force their own offsprings who work in these and run the companies to "Respect American and Respect American Society"... rathern than continue to follow that "greed by any means training they have been getting from the Ivy League system that teaches them how to keep the wealthy in the hands of the wealthy at the expense of the people, cities, communities and states.

Aerospace did it... running to states that did not have or lowered their environmental concerns... and they left blight behind... and the new state they went to they did not try to improve their management of environmental contaminates....

This is what happens when society remains uneducated and fail to think..... they get stuck with the blight and the blight becomes a deterrent from new business moving in, result is the community, city and state suffers because of it.
 

RealityNow

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I join other Americans in sympathizing with the millions of people who are unemployed or will soon lose their livelihood because of those business closures.

This COVID-19 tragedy is surely the worst domestic event in the history of this country, with the possible exception of the Civil War.

The lack of decency on the part of the Democrats and the Republicans to come together in a civilized manner to handle the pandemic is absolutely outrageous and disgusting.

First, COVID-19 hits us.
Second, riots and looting and arson break out across this nation.
Third, November 3 will see the most controversial (and probably most fraudulent) presidential election in our country's history.

*****

In 2008, the Rev. Mr. Wright (in)famously yelled, "God d*mn America." Apparently, his wish has come true.

Don't use Rev' Wrights words out of context in such ways.... You know better. He was referring to how America treats black people and other non whites, in America and in foreign lands. he may not have said poor whites are treated bad as well, but he knew after all that blacks and other non whites and poor whites have given into making what America is. That the wealthy ignore and mistreat and fleece these same groups over and over and over... and send them off to ill formed wars against other poor people, because the wealthy want to covet their natural resources.

All the Protest ARE NOT Riot's ... The white people in Portland have awakened to see that everything that was designed to damage and disenfranchise blacks, has done the same to working poor and dire poor whites... and now ... white people, are showing the bigoted and wealthy, how they will not tolerate it. They are showing that no matter what, they will demand the system to change.,

As for Burning stuff, that was adopted from the historical acts of "white people"; who burned stuff since their burning of ships at the Boston Tea Party, on to the long history of Racist White People Burning black peoples, homes, churches and businesses and entire communities. so, don't act so outraged now that some building have burned, when fact is, they'd already identified some of that as being done by white superracist who were promoted to do so, to make the BLM look bad in the eyes of Right Wingers so Trump can whip them into a mob frenzy, as he's done with the White Gun Packing White Supremacist.

BLM marchers are demanding the system change and get this racist ignorance out of our public society, business and industry, and systems of Governance and Law, and begin to teach the "truth" in schools, not the white nationalist version's it has been doing for 100's of years.
They will demand that Public Schools are properly funded and that All Public Schools are Treated As Equality Public School Operations.

The people who are upset because white people have awakened and joined the BLM principle concerns, which they see is also their concerns and their awareness to how it impacts them... So, the right wingers who are nothing more than "clone scripted cult members used as guards for the wealthy".... will at some time, either keep being ignorant of wake up and realize they are nothing but Pawns used as foot solders by the wealthy as a regimented protection squad of the wealthy.

The wealthy know the quickest way to make right wing white people serve as guards for the wealthy is give them guns and tell them the guns make them suddenly big men... they are not telling them their hoarding and packing of guns make them look like savages' driven by a aim to engage in acts of terror as their motivations... and they are unaware that they are only making life more difficult for themselves, as the wealthy see them as nothing more than self replicating disposable pawns.

Now days, the truth can't be hidden, not covered over by the antics of the past. White people can't control the internet and all the information it has made accessible and the millions of platforms it has created for people to speak truths, that society did everything not to pay attention to or hear over the past centuries and decades.


Election Fraud is Trumps program, he used it in 2016 and been trying to arrange it every since, now he does everything to damage elections in 2020.

White Nationalism will die.... no matter how savagely and beast driven they make their vile.... America has no more time for it. There is a future that concerns the entire world... That America is a part of, that must be rebuilt in ways that benefit all citizens and people who invest themselves into building the future.
 
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RealityNow

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Austin company looking to dock paychecks for those receiving stimulus checks

U.S. Airlines Upset About Paying Back Some Stimulus Money
Yesterday, CNN posted an article about the U.S. Government informing airlines they will have to pay back some of the stimulus money the government gives them that allocated as part of the CARES Act. The CARES Act included help to the airline industry, as well as many other aid packages that included a personal stimulus, student loan relief, and small business loans.

According to the article, the airlines thought the money would be a grant. However, term sheets sent out by the government require a 70-30% split, where 30% of the money will be a loan, and the rest will be a grant. The first $100 million will be a grant, and the 70-30 split only applies to money above that amount. Passenger airlines were allotted $25 billion in the bill, and cargo airlines were allotted $3 billion.

Banks Funneled Stimulus Funds To Largest Companies To Fatten Fees, Lawsuits Say
Small business owners are suing Wells Fargo and other big banks, saying they “rigged” the coronavirus Paycheck Protection Program to favor large companies
 

CaughtInThe

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It's almost like we needed a mature adult in the White House when they found out a pandemic was coming so that he could form a national plan and work closely with the governors to nip it in the bud as best they could.

All we got was denial and wedge issues.
 

RealityNow

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It's almost like we needed a mature adult in the White House when they found out a pandemic was coming so that he could form a national plan and work closely with the governors to nip it in the bud as best they could.

All we got was denial and wedge issues.

People want to discount what his Niece and his Sister said... but deep within they know its true. Those who think they will escape taxes and those who resent paying taxes, are what makes up many of Trump supporters, because deep within they detest the fact that taxes can be used to help minorities, and poor whites resent and think they'd get more free stuff if taxes did not serve minorities, and they think the wealthy are their friends, so they devote themselves to showing the extreme levels of racism, hoping it will get them favor, when the very wealthy try and hide their racist, they use it in ways to incite poor whites to fight their racist battles, while they pretend to be in support of everyone.

Fixing that type of groomed in mindset can only be fixed by white people, and when it comes to honest and fully truthful liberal white people, they will make it know they do not support or condone racism....

Any of us can find racist enclaves all over the nations. Even in small towns where there is a closer ratio of whites to blacks, they still want to think they are better than blacks, when fact is both are struggling just the same economically.

These types hate inner city blacks, but love to emulate the trends and things that inner city blacks create. These whites knew what they were doing when they took the business from black communities and the banks followed, the banks were happy to follow, because they knew they would not lend to black people to open up new businesses, because they don't want to see blacks equally compete with white people.,

Many blacks use money orders and check cashing places, because of the history of how banks treated black people, and how they spread info on any blacks that accumulated any money and made that info known within the white segment's, to make it more difficult for the black person to generate more money, because they did not want to see him doing better than white people.

This was because if a black person had a successful business, the white people knew if they could stress his access to financial resources, that any downturn, they could come in and buy up the business. They also used red lining for many reasons, including avoiding to loan to black people, so the option left for black people was to rent from white people.

White people spent 100's of years dealing with any and every aspect of life, with a script and a plan to disenfranchise black people and make it difficult for them economically and socially, and they had Jim Crow to further collude and bastardize the Civic systems... to shut out black people.

What white people should be asking themselves is why are they devoted to such evils? Yet, want to pretend they are Christians.

They do a bit of charity work, only to make themselves feel elite, but as well to gain tax credits to reduce their taxes... but they can play socialite games among each other, by these things. Those that give because of humanity sake... are a totally different breed of people... for many who can't let go of their want to feel superior and hoard anything and everything they can, while resenting and envying any progress by blacks.

This is the crap stuff that racism is 100% guilty of and this is not even a .0001% of the things created to promote racism.

It's long past time for all this vile and malice of racism to stop..... An American is an American,
and
Every Human Being is Created by God....

There are some white people who lives as just people, who have LEARNED that racism is pure ignorance, and no one is superior, based on skin or anything else... These people mix with any ethnicity of people, and they can and do work with respectfulness of others, to give the respect they expect to receive for themselves.
 
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Greenbeard

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The good news is those companies got a big tax giveaway to fuel a stock buyback spree. And isn't that really what economic policy is all about?
 
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