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@ISIDEWITHQuestionseconomyStarted 5yrs agoActive 2mos ago

Should the government acquire equity stakes in companies it bails out during a recession?

A state-owned enterprise is a business enterprise where the government or state has significant control through full, majority, or significant minority ownership. During the 2020 Coronavirus outbreak Larry Kudlow, the White House’s top economic advisor, said the Trump administration would consider asking for an equity stake in corporations that needed taxpayer aid. “One of the ideas is, if we provide assistance, we might take an equity position,” Kudlow said Wednesday at the White House, adding that the 2008 bailout of [the automaker General Motors] had been a good deal…  

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10 Replies

 @9FV8FSFConservative from Ontario  answered…2yrs2Y

The government should not bail out companies during recession since it causes companies to avoid the consequences of their actions.

 @B29TC2JConservativefrom Quebec  answered…3mos3MO

Not at all, because the only companies the government would ever bail out are the ones that align with their agendas.

 @4VXDGTFanswered…5yrs5Y

No, The government should not bail out corporations. There is no such thing as “too big to fail.”

 @593CCZ5answered…4yrs4Y

No, the government should never bail out companies. Further, it should never own shares of private companies.

  @michaelconnely from Nebraska  answered…3yrs3Y

Equity, yes, but the company must be able to buy back that equity.

 @8BYLJPN from North Carolina  answered…5yrs5Y

I don't understand the question well enough to provide an educated response.

 @8DP2VQ6answered…5yrs5Y

The government shouldn't bail out companies, every!

 @8HCRRMJ from Idaho  answered…5yrs5Y

No but the government should go after a recoup of those bail-out loans to corporations as vigorously as they go after student loan debt.

 @8L3W9MQ from Illinois  answered…4yrs4Y

The government should get money back form the companies they help but never own shares.

  @93G2RP7 from Wisconsin  answered…3yrs3Y

No, the government should not be involved in corporate bailouts

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 @ISIDEWITH submitted…6mos6MO

Trump’s Puerto Rico Problem Erupts in Pennsylvania: Latino Voters Fire Back

Donald Trump has a serious Puerto Rico problem — in Pennsylvania.Many Puerto Rican voters in the state are furious about racist and demeaning comments delivered at a Trump rally. Some say their dismay is giving Kamala Harris a new opening to win over the state’s Latino voters, particularly nearly half a million Pennsylvanians of Puerto Rican descent.Evidence of the backlash was immediate on Monday: A nonpartisan Puerto Rican group drafted a letter urging its members to oppose Trump on election day. Other Puerto Rican voters were lighting up WhatsApp chats with reactions to the vulgar display and raising it in morning conversations at their bodegas. Some are planning to protest Trump’s rally Tuesday in Allentown, a majority-Latino city with one of the largest Puerto Rican populations in the state.And the arena Trump is speaking at is located in the middle of the city’s Puerto Rican neighborhood.“It’s spreading like wildfire through the community,” said Norberto Dominguez, a precinct captain with the local Democratic party in Allentown, who noted his own family is half Republican and half Democratic voters.“It’s not the smartest thing to do, to insult people — a large group of voters here in a swing state — and then go to their home asking for votes,” Dominguez said.The timing couldn’t be worse for Trump. Almost a week before Election Day, he’s pushing to cut into Harris’ margins among Latinos, especially young men who are worried about the economy. But the comments from pro-Trump comedian Tony Hinchcliffe Sunday night, referring to Puerto Rico as a “floating island of garbage,” has reverberated throughout Pennsylvania and elsewhere, prompting even the former president’s Republican allies to defend the island and denounce the comments. And with the race essentially a toss up, every vote counts — especially in Pennsylvania.“This was just like a gift from the gods,” said Victor Martinez, an Allentown resident who owns the Spanish language radio station La Mega, noting some Puerto Rican voters in the area have been on the fence about voting at all.

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 @ISIDEWITH submitted…6mos6MO

Trump hits ‘nasty’ Michelle Obama at Atlanta rally

Former President Trump attacked former first lady Michelle Obama during his rally in Atlanta on Monday, calling her “nasty” after Obama lobbed attacks at the former president while stumping for Vice President Harris.“You know who’s nasty to me? Michelle Obama,” Trump told supporters in Atlanta.“I always tried to be so nice and respectful. Oh, she opened up a little bit of — a little bit of a box. She opened up a little bit of something. Oh, she was nasty. Shouldn’t be that way. That was a big mistake that she made,” he added.His remarks come after Obama criticized Trump during a Michigan rally on Saturday, at one point mentioning “Donald Trump’s gross incompetence.”“I hope that you’ll forgive me if I’m a little angry that we are indifferent to his erratic behavior, his obvious mental decline, his history as a convicted felon, a known slum lord, a predator found liable for sexual abuse, all of this while we pick apart Kamala’s answers from interviews that he doesn’t even have the courage to do, y’all,” she said in Kalamazoo, Mich.The heated rhetoric underscores the increasingly personal tone the presidential election has taken between the two campaigns roughly one week out from the election.An aggregate of national surveys compiled by The Hill/Decision Desk HQ shows Harris slightly ahead at close to 49 percent support while Trump is at 48 percent.

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Active 2 days ago

 @ISIDEWITH submitted…5mos5MO

Kamala Harris is considering running for president again in 2028

Kamala Harris has been lying low since her defeat in the presidential race, unwinding with family and senior aides in Hawaii before heading back to the nation’s capital.But privately, the vice president has been instructing advisers and allies to keep her options open — whether for a possible 2028 presidential run, or even to run for governor in her home state of California in two years. As Harris has repeated in phone calls, “I am staying in the fight.”She is expected to explore those and other possible paths forward with family members over the winter holiday season, according to five people in the Harris inner circle, who were granted anonymity to discuss internal dynamics. Her deliberations follow an extraordinary four months in which Harris went from President Joe Biden’s running mate to the top of the ticket, reenergizing Democrats before ultimately crashing on election night.“She doesn’t have to decide if she wants to run for something again in the next six months,” said one former Harris campaign aide. “The natural thing to do would be to set up some type of entity that would give her the opportunity to travel and give speeches and preserve her political relationships.”“She doesn’t have to decide if she wants to run for something again in the next six months,” said one former Harris campaign aide. “The natural thing to do would be to set up some type of entity that would give her the opportunity to travel and give speeches and preserve her political relationships.”Harris concedes: 'We must accept the results of this election'SharePlay VideoMost immediately, Harris and her advisers are working to define how and when she will speak out against Donald Trump and reassert her own role in the Democratic Party. Closing out her term as vice president, she’s set to preside over certifying the November election she lost to Trump, and then appear at the once-and-future president’s inauguration on Jan. 20.“There will be a desire to hear her voice, and there won’t be a vacuum for long,” a person close to Harris said.At the same time, Harris and her husband, Doug Emhoff, will have a long checklist to plow through before they leave the Naval Observatory for good.They have to decide whether they’ll take up permanent residence at their home in Los Angeles, or establish a base elsewhere. No matter where Harris and her family live, some around her have expressed concerns about safety, as her Secret Service protection expires six months after stepping away.

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