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Old 05-08-2020, 08:43 PM
 
28,122 posts, read 12,578,158 times
Reputation: 15334

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Quote:
Originally Posted by westcoastforme View Post
Start the printing press!!!!

Lolz

Monopoly money
Seriously, thats all they would have to do to pay for this, who cares if they start printing more money? there is nothing to back up the money printed recently anyway, whats a little more?


As long as they can delay or hold off devaluation, they could do this indefinitely! (and they probably have been doing this since 2007/08).
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Old 05-08-2020, 08:44 PM
 
Location: Honolulu, HI
24,598 posts, read 9,437,319 times
Reputation: 22935
Quote:
Originally Posted by camaro69 View Post
Who the hell is going to pay for this.
Don’t worry, Democrats will “borrow it” from the rich.
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Old 05-08-2020, 08:48 PM
 
Location: Raleigh NC
25,118 posts, read 16,198,148 times
Reputation: 14408
Quote:
Originally Posted by Colorado Rambler View Post
According to Fortune Magazine, The Fed will also offer up to $500 billion in loans to states and municipalities through the purchase of municipal bonds and expand an existing corporate lending program (the Term Asset-Backed Securities Lending Facility) to include more classes of low-rated and riskier debt.

So if you happen to be a corporate sleazebag, it's time to shoulder up to the endless government rough. However, honest hardworking Americans who have become unemployed thanks to the coronavirus are subject to rigorous criticism and ordered to go find a job even if unemployment is as high as it's ever been since the Depression era.

You know what? I think republicans are the biggest hypocrits I've ever come across.
we've known they were going to leverage $500B to make $2T of loans to large corporations. Loans, not grants/forgivable.

So I looked up TABSFL's, and these are the 2 first salient articles. Perhaps you can explain them to us.

https://www.americanbanker.com/opini...as-a-major-gap

https://www.pillsburylaw.com/en/news...-facility.html

the American Banker article is from March, the other frrom the end of April.
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