Biden vs Trump 2020 - vote now and discuss!

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  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    mrussel1 said:
    mickeyrat said:
    I don't think this hurts Biden.  I think it's generally a dead story, or will be soon, unless something massive happens.  The fact that Reade even says you won't find any sexual harassment complaint in the records tells me that it's a wild goose chase.  What does discovering a complaint even do?  I don't think anyone ever said she never complained about anything.  
    This is what I was gonna say. If she already came out and said nothing with that sort of info exists, what's the point of looking?
  • Lerxst1992Lerxst1992 Posts: 6,763
    pjl44 said:
    mrussel1 said:
    mickeyrat said:
    I don't think this hurts Biden.  I think it's generally a dead story, or will be soon, unless something massive happens.  The fact that Reade even says you won't find any sexual harassment complaint in the records tells me that it's a wild goose chase.  What does discovering a complaint even do?  I don't think anyone ever said she never complained about anything.  
    This is what I was gonna say. If she already came out and said nothing with that sort of info exists, what's the point of looking?

    Until the Senate pulls a Comey and 8 days before the election the senate magically decides its legal to release the records.
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    If you want a particularly depressing side effect of partisan entrenchment, here you go


  • mrussel1mrussel1 Posts: 29,839
    Biden
    I wonder how many of the respondents can really define 'credible'. 
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    mrussel1 said:
    I wonder how many of the respondents can really define 'credible'. 
    That's baked into the question. It doesn't need to be an objective definition. They're not asking about a specific situation.
  • The JugglerThe Juggler Posts: 49,070
    edited May 2020
    Biden
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    Post edited by The Juggler on
    www.myspace.com
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
  • The JugglerThe Juggler Posts: 49,070
    edited May 2020
    Biden
    pjl44 said:
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
    I'd just encourage folks to watch their ads. They're quite powerful and clearly getting under the president's skin. 
    www.myspace.com
  • OnWis97OnWis97 St. Paul, MN Posts: 5,197
    Biden
    Geez.  The amazing thing is that so many people think he has an amazing love America, even while rage-tweeting in his own defense.
    1995 Milwaukee     1998 Alpine, Alpine     2003 Albany, Boston, Boston, Boston     2004 Boston, Boston     2006 Hartford, St. Paul (Petty), St. Paul (Petty)     2011 Alpine, Alpine     
    2013 Wrigley     2014 St. Paul     2016 Fenway, Fenway, Wrigley, Wrigley     2018 Missoula, Wrigley, Wrigley     2021 Asbury Park     2022 St Louis     2023 Austin, Austin
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    pjl44 said:
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
    I'd just encourage folks to watch their ads. They're quite powerful and clearly getting under the president's skin. 
    If I were a Biden supporter, I would be scrutinizing this. And this question is purely rhetorical: If it's meaningful that it gets under Trump's skin, does that make it impactful to the people you need to reach or is it chum for the most dedicated supporters?
  • The JugglerThe Juggler Posts: 49,070
    edited May 2020
    Biden
    pjl44 said:
    pjl44 said:
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
    I'd just encourage folks to watch their ads. They're quite powerful and clearly getting under the president's skin. 
    If I were a Biden supporter, I would be scrutinizing this. And this question is purely rhetorical: If it's meaningful that it gets under Trump's skin, does that make it impactful to the people you need to reach or is it chum for the most dedicated supporters?
    It is impactful to the types of voters The Lincoln Project is trying to reach---the few remaining reasonable Republicans and independent voters. Have you seen the add this is referring to? It is really well done. 

    I can't wait until Bloomberg starts throwing his money into the mix. Need all the help we can get. 
    Post edited by The Juggler on
    www.myspace.com
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    edited May 2020
    Biden
    that ad is an epic troll job.

    some are saying that moon face is a racial slur against conway because his mother is of asian descent. i have never heard this, but if it is true it is a new low for a president of the united states. these tweets are part of the historical record.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • The JugglerThe Juggler Posts: 49,070
    www.myspace.com
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    Just watched it on their Twitter. Lol...good luck.
  • OnWis97OnWis97 St. Paul, MN Posts: 5,197
    Biden
    pjl44 said:
    pjl44 said:
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
    I'd just encourage folks to watch their ads. They're quite powerful and clearly getting under the president's skin. 
    If I were a Biden supporter, I would be scrutinizing this. And this question is purely rhetorical: If it's meaningful that it gets under Trump's skin, does that make it impactful to the people you need to reach or is it chum for the most dedicated supporters?

    Hopefully it impacts undecided voters.  The fact that it upsets Trump, in itself, does not matter. Narcissistic rage-tweeting isn't going to hurt him.  But the messages that upset him are the ones that hopefully will resonate with voters that lean conservative but haven't truly grapsed how awful he is.
    1995 Milwaukee     1998 Alpine, Alpine     2003 Albany, Boston, Boston, Boston     2004 Boston, Boston     2006 Hartford, St. Paul (Petty), St. Paul (Petty)     2011 Alpine, Alpine     
    2013 Wrigley     2014 St. Paul     2016 Fenway, Fenway, Wrigley, Wrigley     2018 Missoula, Wrigley, Wrigley     2021 Asbury Park     2022 St Louis     2023 Austin, Austin
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    The best part of that ad is the "bailed out Wall Street, left behind Main Street" business. As if everyone doesn't realize Congress passed that shit and Thomas Massie got rung up for daring to push back.
  • Gern BlanstenGern Blansten Mar-A-Lago Posts: 20,684
    Biden
    OnWis97 said:
    pjl44 said:
    pjl44 said:
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
    I'd just encourage folks to watch their ads. They're quite powerful and clearly getting under the president's skin. 
    If I were a Biden supporter, I would be scrutinizing this. And this question is purely rhetorical: If it's meaningful that it gets under Trump's skin, does that make it impactful to the people you need to reach or is it chum for the most dedicated supporters?

    Hopefully it impacts undecided voters.  The fact that it upsets Trump, in itself, does not matter. Narcissistic rage-tweeting isn't going to hurt him.  But the messages that upset him are the ones that hopefully will resonate with voters that lean conservative but haven't truly grapsed how awful he is.
    It's just the tip of the iceberg.  They are going to kill him with negative ads.  He has a record now.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

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  • The JugglerThe Juggler Posts: 49,070
    Biden
    OnWis97 said:
    pjl44 said:
    pjl44 said:
    Looks like the far left folks in here aren't the only one's who find the members of The Lincoln Project "insufferable."

    That new commercial hits him hard. Poor Donny is upset...






    As someone who is supporting an opposing candidate, I would strongly encourage any Biden supporters to donate to that PAC
    I'd just encourage folks to watch their ads. They're quite powerful and clearly getting under the president's skin. 
    If I were a Biden supporter, I would be scrutinizing this. And this question is purely rhetorical: If it's meaningful that it gets under Trump's skin, does that make it impactful to the people you need to reach or is it chum for the most dedicated supporters?

    Hopefully it impacts undecided voters.  The fact that it upsets Trump, in itself, does not matter. Narcissistic rage-tweeting isn't going to hurt him.  But the messages that upset him are the ones that hopefully will resonate with voters that lean conservative but haven't truly grapsed how awful he is.
    Narcissistic rage tweeting and railing against the media during a time when 2,000 plus Americans are dying a day is one the reasons his approval ratings have dropped a good chunk over the last month...
    www.myspace.com
  • Halifax2TheMaxHalifax2TheMax Posts: 39,416
    pjl44 said:
    The best part of that ad is the "bailed out Wall Street, left behind Main Street" business. As if everyone doesn't realize Congress passed that shit and Thomas Massie got rung up for daring to push back.
    Team Trump Treason signed the bill. He could have fought harder or demanded more for Main Street or demanded more restrictions on Wall Street. Where does the buck stop? But POTUS Justin Amash would have not signed the bill at all as government shouldn’t be picking winners and losers? Did I get that right?

    Knowing a small business owner that was able to get a loan and hearing their experience, most have no idea of what a cluster this administration is and if you know what it was for loans, imagine the pandemic response? Unfortunately, most of us don’t have to imagine with too much difficulty.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • mrussel1mrussel1 Posts: 29,839
    Biden
    I have no problem with the CARES act overall.  It most certainly does not bailout Wall Street.  If that's the accusation,  it's stupid. 
  • FiveBelowFiveBelow Posts: 1,294
    I'm sitting this one out
    mrussel1 said:
    pjl44 said:
    static111 said:
    static111 said:
    JimmyV said:
    static111 said:

    When I see smug comments like this part of me just wants to stay home and let trump win.  
    Trumpism as safe space from smug tweets is a new one. 
    I was thinking more because it’s like some people are more interested in making smug and pretentious comments about other people and smelling the air of their supposed moral high ground and supremely righteous stance than they are about actually doing work to get trump out.  I’m sure rick and the twitter like are making a handsome sum with their daily twitter rage farm.  I don’t understand how this position is more helpful than advocating for your candidate or against trump. Nothing is gained by posts like this. I guess alienating people that don’t share the exact opinions as you and saying they are falling for a big conspiracy of Russian bots is a great way to win an election.  
    Wouldn't you only feel this way if what Rick is saying applies to you? Its not like voters weren't played in 2016.
    I think voters being played was less of an issue than Hillary being a generally robotic and unlikeable candidate.  We have joe this time and he is much more like able. It is also very clear that every word he says doesn’t come off as if it was pre planned and thought about what the  political optics will be. I’ve never heard of rick Wilson until Trump won in 2016.  I’m sure Rick has more to gain by a Trump win than most, how will he be relevant without a Trump to rail against, maybe Rick is the Russian bot and he is the one doing the playing.
    Yes, this 100%
    He does, but don't discount how much he gave up by becoming a never Trumper in the first place.  He could have bent the knee and would probably be a 'senior campaign adviser' at this point.  These four, even more so  than the French's, Goldbergs, Sullivans, etc, put their careers
    Bent Knee? You must be a fan! I bet a lot in 10c are fans. This song is epic! (And it’s really them. I’m not crying Rickroll wolf!), when those chords kick in at the one minute mark, it’s gold Jerry, gold!


    Not sure if I was having acid flashbacks or if something was off with that video. 
  • Halifax2TheMaxHalifax2TheMax Posts: 39,416
    mrussel1 said:
    I have no problem with the CARES act overall.  It most certainly does not bailout Wall Street.  If that's the accusation,  it's stupid. 
    Wall Street, Corporations, Big Business, they're all the same evil entity.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • mrussel1mrussel1 Posts: 29,839
    Biden
    mrussel1 said:
    I have no problem with the CARES act overall.  It most certainly does not bailout Wall Street.  If that's the accusation,  it's stupid. 
    Wall Street, Corporations, Big Business, they're all the same evil entity.
    The act was not directed towards them.  The large companies that took advantage of it,  and subsequently publicly shamed,  were outliers and not the directed recipients.  Same with the universities with huge endowments.  The fed has set up a new program targeting medium and large companies that still hasn't rolled out. But there's no forgiveness and it doesn't have to go through Congress. 
  • Halifax2TheMaxHalifax2TheMax Posts: 39,416
    mrussel1 said:
    mrussel1 said:
    I have no problem with the CARES act overall.  It most certainly does not bailout Wall Street.  If that's the accusation,  it's stupid. 
    Wall Street, Corporations, Big Business, they're all the same evil entity.
    The act was not directed towards them.  The large companies that took advantage of it,  and subsequently publicly shamed,  were outliers and not the directed recipients.  Same with the universities with huge endowments.  The fed has set up a new program targeting medium and large companies that still hasn't rolled out. But there's no forgiveness and it doesn't have to go through Congress. 
    The act may not have been directed towards them but you can be sure they took advantage as you point out. Add the fact that Team Trump Treason is resisting oversight, who is more likely to benefit? The "small businesses" that need it most and can't afford to get caught breaking the rules, or "Wall Street," "Corporations, and "Big Business," who view "getting caught" as a cost of doing business? 

    While it didn't "bail out" Wall Street, it certainly benefited them, yes? Admittedly, I'm an idiot when it comes to finance, taxes, numbers in general, as my eyes typically glaze over. That said, i'm sure there's more devil in the details of the CARES Act that benefits Wall Street at the expense of Main Street but I'm too lazy to dig through the bill. Its most likely buried in tax provisions, etc. But I'm willing to bet that I know more of what is in that bill and how it works than Team Trump Treason. And as POTUS, he could have used his bully pulpit to demand certain things or worked with the leadership of both houses to ensure the money went to the most vulnerable and the "real" small businesses that need it. Time will tell, as plans are being drawn up for another $3 trillion in stimulus.

    • In addition to other economic stimulus provisions in response to the coronavirus (COVID-19) pandemic, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) implements several important tax provisions intended to provide relief to impacted businesses and affected individuals.
    • Private equity funds and their portfolio companies are likely to be direct beneficiaries of these provisions.
    • This Holland & Knight alert provides a summary of the CARES Act tax provisions that may significantly impact private equity funds and their portfolio companies.
    https://www.hklaw.com/en/insights/publications/2020/04/cares-act-key-tax-provisions-affecting-private-equity-funds
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • The JugglerThe Juggler Posts: 49,070
    Biden
    mrussel1 said:
    mrussel1 said:
    I have no problem with the CARES act overall.  It most certainly does not bailout Wall Street.  If that's the accusation,  it's stupid. 
    Wall Street, Corporations, Big Business, they're all the same evil entity.
    The act was not directed towards them.  The large companies that took advantage of it,  and subsequently publicly shamed,  were outliers and not the directed recipients.  Same with the universities with huge endowments.  The fed has set up a new program targeting medium and large companies that still hasn't rolled out. But there's no forgiveness and it doesn't have to go through Congress. 
    The act may not have been directed towards them but you can be sure they took advantage as you point out. Add the fact that Team Trump Treason is resisting oversight, who is more likely to benefit? The "small businesses" that need it most and can't afford to get caught breaking the rules, or "Wall Street," "Corporations, and "Big Business," who view "getting caught" as a cost of doing business? 

    While it didn't "bail out" Wall Street, it certainly benefited them, yes? Admittedly, I'm an idiot when it comes to finance, taxes, numbers in general, as my eyes typically glaze over. That said, i'm sure there's more devil in the details of the CARES Act that benefits Wall Street at the expense of Main Street but I'm too lazy to dig through the bill. Its most likely buried in tax provisions, etc. But I'm willing to bet that I know more of what is in that bill and how it works than Team Trump Treason. And as POTUS, he could have used his bully pulpit to demand certain things or worked with the leadership of both houses to ensure the money went to the most vulnerable and the "real" small businesses that need it. Time will tell, as plans are being drawn up for another $3 trillion in stimulus.

    • In addition to other economic stimulus provisions in response to the coronavirus (COVID-19) pandemic, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) implements several important tax provisions intended to provide relief to impacted businesses and affected individuals.
    • Private equity funds and their portfolio companies are likely to be direct beneficiaries of these provisions.
    • This Holland & Knight alert provides a summary of the CARES Act tax provisions that may significantly impact private equity funds and their portfolio companies.
    https://www.hklaw.com/en/insights/publications/2020/04/cares-act-key-tax-provisions-affecting-private-equity-funds
    ^
    He seemed more interested in getting his signature on the checks...
    www.myspace.com
  • mrussel1mrussel1 Posts: 29,839
    Biden
    mrussel1 said:
    mrussel1 said:
    I have no problem with the CARES act overall.  It most certainly does not bailout Wall Street.  If that's the accusation,  it's stupid. 
    Wall Street, Corporations, Big Business, they're all the same evil entity.
    The act was not directed towards them.  The large companies that took advantage of it,  and subsequently publicly shamed,  were outliers and not the directed recipients.  Same with the universities with huge endowments.  The fed has set up a new program targeting medium and large companies that still hasn't rolled out. But there's no forgiveness and it doesn't have to go through Congress. 
    The act may not have been directed towards them but you can be sure they took advantage as you point out. Add the fact that Team Trump Treason is resisting oversight, who is more likely to benefit? The "small businesses" that need it most and can't afford to get caught breaking the rules, or "Wall Street," "Corporations, and "Big Business," who view "getting caught" as a cost of doing business? 

    While it didn't "bail out" Wall Street, it certainly benefited them, yes? Admittedly, I'm an idiot when it comes to finance, taxes, numbers in general, as my eyes typically glaze over. That said, i'm sure there's more devil in the details of the CARES Act that benefits Wall Street at the expense of Main Street but I'm too lazy to dig through the bill. Its most likely buried in tax provisions, etc. But I'm willing to bet that I know more of what is in that bill and how it works than Team Trump Treason. And as POTUS, he could have used his bully pulpit to demand certain things or worked with the leadership of both houses to ensure the money went to the most vulnerable and the "real" small businesses that need it. Time will tell, as plans are being drawn up for another $3 trillion in stimulus.

    • In addition to other economic stimulus provisions in response to the coronavirus (COVID-19) pandemic, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) implements several important tax provisions intended to provide relief to impacted businesses and affected individuals.
    • Private equity funds and their portfolio companies are likely to be direct beneficiaries of these provisions.
    • This Holland & Knight alert provides a summary of the CARES Act tax provisions that may significantly impact private equity funds and their portfolio companies.
    https://www.hklaw.com/en/insights/publications/2020/04/cares-act-key-tax-provisions-affecting-private-equity-funds
    You're correct that private equity portfolio companies that were small enough to qualify for CARES, due to their employee base or revenue would benefit.  The question is how prevalent do you have portfolio companies that are that small?  My company is a portfolio company and we did not qualify because our revenue was too large.  And we are not considered large for portfolio.  The fed act that is coming is also complex because it does not address cross collateral or subordinate issues.

    Wall Street and large companies absolutely benefited by CARES indirectly.  But that's sort of the point.  Putting money in peoples pocket through juiced unemployment benefits will help big and small companies alike.  
  • Halifax2TheMaxHalifax2TheMax Posts: 39,416
    Interesting table of what defines a "small business" by sector and revenue or number of employees.

    https://www.ecfr.gov/cgi-bin/text-idx?SID=b919ec8f32159d9edaaa36a7eaf6b695&mc=true&node=pt13.1.121&rgn=div5#se13.1.121_1201

    https://www.sba.gov/document/support--table-size-standards


    @brianlux If you have revenue under $30 million, you're a small business!
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • The JugglerThe Juggler Posts: 49,070
    edited May 2020
    Biden
    That ad is up to 5 million views at this point. Thanks in large part to Trump drawing attention to it, I would imagine. 

    What a fucking idiot. 
    Post edited by The Juggler on
    www.myspace.com
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    Biden
    That ad is up to 5 million views at this point. Thanks in large part to Trump drawing attention to it, I would imagine. 

    What a fucking idiot. 
    yep, had he not said anything it would probably have been no more than just a blip on morning news and then forgotten about. 
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • pjl44pjl44 Posts: 9,783
    I'm sitting this one out
    I'm open to the idea that this situation could have been handled better by a Biden administration, but statements like this demonstrate a fundamental misunderstanding (or willful misrepresentation) of the challenge we're facing right now.


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