Jobs and Economic Impact

[tdawg87]

21 minutes ago, Adam said:

That's pretty significant. You can pay down the debt you have from financing hookers.

I knew I shouldn't have fucked that hooker when she told me her name was Lineov Kredeet.

[Tank]

1 hour ago, tdawg87 said:

Well it's coming from the government. But yeah I'm all for it.

sOCiaLiSm!

[Lou]

I don't get the random letter capitalism thing. 

[UndertheHalo]

[Lou]

I don't get the Karen thing. 

[St1ck]

1 minute ago, Lou said:

I don't get the Karen thing. 

Karen (slang) - Wikipedia
https://en.m.wikipedia.org/wiki/Karen_(slang)

[Taylor]

55 minutes ago, Lou said:

I don't get the random letter capitalism thing. 

It's repeating someone else's argument and making it sound stupid.

The immigrants are taking our jobs!

vs.

tHe ImMiGrAnTs ArE tAkInG oUr JoBs!

[St1ck]

Just now, Taylor said:

It's repeating someone else's argument and making it sound stupid.

The immigrants are taking our jobs!

vs.

tHe ImMiGrAnTs ArE tAkInG oUr JoBs!

 

[gotbeer]

I didn't know Karen was a thing either.

 

[gotbeer]

42 minutes ago, st1ckboy said:

Karen (slang) - Wikipedia
https://en.m.wikipedia.org/wiki/Karen_(slang)

Dang.  There is even a Becky.

https://en.m.wikipedia.org/wiki/Becky_(slang)

All white women names will be a slang word soon.  Hmm.  Maybe they are.

[gotbeer]

US weekly jobless claims hit 4.4 million, bringing 5-week total to more than 26 million

 

[gotbeer]

Public companies took far more small business loans than first thought — here’s the latest tally

 

[well_red]

Have always respected the Buss family but gotta say, fuck them:

https://www.espn.com/nba/story/_/id/29104444/lakers-got-money-loan-program-returned-it

[Tank]

I’m trying to understand why the Lakers were applying in the first place. 

[Lhalo]

Jeanie’s gotta re-do dem titties. That kinda work ain’t free. 

[well_red]

1 hour ago, Tank said:

I’m trying to understand why the Lakers were applying in the first place. 

The PPP was worded so poorly that really the only condition to apply was having less than 500 employees.  From their perspective, at worst it is a business loan with an insanely low 1% rate, at a time when capital is hard to come by, and at best it is deemed legitimate payroll expenses and is "forgiven" by the government.  I don't think they envisioned when they applied that they'd be stealing it from real small business owners and the PR ramifications of it, but the banks stepped up big time for their largest clients and made sure they got paid first.  'murica.

[Adam]

And they prolly didn’t know it would become public record so quickly

[Lhalo]

https://www.wsj.com/articles/fate-and-history-the-fed-tosses-the-rules-to-fight-coronavirus-downturn-11587999986
 

Fiat currency fails every time. The creature from Jekyll Island is the real enemy of this country.
 

 

[gotbeer]

Small business loans above $2 million will get full audit to make sure they're valid, Mnuchin says

[gotbeer]

3.4 Million Homeowners Skip Payments. But Many Are Scared, Say Congress Needs To Act

 

[Adam]

10 hours ago, Lhalo said:

https://www.wsj.com/articles/fate-and-history-the-fed-tosses-the-rules-to-fight-coronavirus-downturn-11587999986
 

Fiat currency fails every time. The creature from Jekyll Island is the real enemy of this country.
 

 

I don't think there is a discipline Americans are more ignorant about than economics. I certainly am and I eat this shit up. 

[gotbeer]

Pending home sales tank nearly 21% in March, but Realtors claim prices will hold up

[Catwhoshatinthehat]

Has NAR ever said it's a bad time to buy or that prices will drop? 

[St1ck]

6 minutes ago, calscuf said:

"Who's done more research than the good people at the American Tobacco Industry? They say its harmless. Why would they lie? If you're dead, you can't smoke."

[gotbeer]

A Staggering Toll: 30 Million Have Filed For Unemployment

Probably going to be a huge spike next week, since the self employed will be able to claim unemployment.

Edited April 30, 2020 by gotbeer