Column: In coronavirus bailouts of big business, here's what we should demand in return

  • 📰 latimes
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 82%

United States News News

United States United States Latest News,United States United States Headlines

'The public, through its political leaders, has unprecedented leverage over corporate America in this crisis. Let’s use it,' writes columnist hiltzikm.

Past bear markets bequeathed us a host of investment maxims .

Let’s be clear what we’re talking about. Mnuchin, in congressional testimony March 11, rejected the term “bailout.” He said, “This is not a bailout. This is considering providing certain things for certain industries.”Airlines must commit to maintaining payroll. It means no bonuses, no buybacks, & no breaking union contracts in bankruptcy. Companies should commit to pay a min $15 wage & board seats for workers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nothing. You should demand nothing.

Take bailout out of potus realDonaldTrump pockets , he’s the one the responsible leader negligently & selfishly living to the American people for months wasting life saving time they could’ve been preparing .

Like the Red state of CA?

No bailouts! That lesson was learned in the housing market collapse and somehow it has now been conveniently forgotten. What a disgrace. They’re ALL big government supporters now.

How about someone like say Bernie who cares more about people than corps? Who can be trusted not to give bonuses to fraudulent bamkers. Oh yah, you torched him.

Hells Bells correct👊🏼

NO LAYOFFS OF EMPLOYEES FOR 5 YEARS....NO BONUSES OR STOCK BUYBACKS FOR 5 YEARS!!!!

hiltzikm Why is not providing free coverage to non-subscribers for COVID19 updates and stories like other brand newspapers such as nytimes and washingtonpost? Show some respect for Angelenos!

hiltzikm Bs

hiltzikm Abusing it just makes it harder to use again when we really need it. Don’t be greedy.

hiltzikm businesses must prove they pay tax don't have offshore tax dodges islands private jets before they get tax $$

hiltzikm Start a challenge in America and Europe. If need be issue presidential orders. Wiping ass with tissue paper is unhygienic and breeding ground for viruses. Change yourself now. Install faucet heads.

hiltzikm America and Europe also need to declare a new emergency, instal faucet heads at all places immediately. Wiping ass with tissues could also spread viruses. Do not only preach cleanliness but also adopt it. Presidential orders should be issued immediately

hiltzikm

hiltzikm Is this The Onion?

United States United States Latest News, United States United States Headlines