Corporate execs who can’t manage companies through downturns get $500,000,000,000 with toothless oversight. Workers in grocery stores, food processing plants, hospitals, & all the places we’re relying on to stay alive get $1,200. Once. Who’s actually more valuable?
The money goes towards paying the WORKERS those execs employ. It's for companies with no revenue due to the virus so they can still pay salaries. The CEOs don't get the money in their bank accounts. It's a shit deal but you're running for Senate and should know better.
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Does the bill force all employers to use that money on worker pay?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Yeah, sure. Like those huge tax incentives that were use to grow¹ the business. ¹grow here means buy back stock to inflate executive compensation. Hence requiring another bailout While Drew appears wildly naïve I bet he's actually a bad faith actor, folks. Hate to see it.
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I read the bill bans stock buybacks until repayment plus 1 year. Is this not the case? Not a bad faith actor. There's nuance to the package and I think we need elected officials to stop baiting with half truths for clout. The deal isn't great. But it's not how she presents it.
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You missed the whole point andrew. We dont want to reward CEOs/shareholders with tax payer money when they didnt run the company correctly. A bill that doesnt have rules for how the money is used does us, the tax payers, no good. Ceos will just use it to give themselves bonuses.
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This is literally in the bill. What am I missing? This seems like oversight?pic.twitter.com/lGHTJLNweL
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