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1. Companies must maintain their payrolls and use funds to keep people working or on payroll.
2. Companies must provide a $15 minimum wage as quickly as practicable but no later than one year of the national emergency declaration ending.
3. Companies are permanently prohibited from engaging in share repurchases.
4. Companies are prohibited from paying out dividends or executive bonuses while they are receiving any relief and for three years thereafter.
5. Companies must set aside at least one seat -- but potentially two or more, as the amount of relief increases -- on the board of directors for representatives elected by workers.
6. Collective bargaining agreements should remain in place and should not be reopened or renegotiated pursuant to this relief program.
7. Corporations must obtain shareholder and board approval for all political expenditures.
8. CEOs must be required to personally certify a company is compliance and face criminal penalties for violating these certifications.
https://www.zerohedge.com/political/elizabeth-warren-lays-out-8-conditions-federal-bailout
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
These are the eight conditions Pocahontas (D-Moron) demands for any federal bailout cash to be released...
Posted by:
LOLOLOL
()
Date: March 17, 2020 08:51PM
1. Companies must maintain their payrolls and use funds to keep people working or on payroll.
2. Companies must provide a $15 minimum wage as quickly as practicable but no later than one year of the national emergency declaration ending.
3. Companies are permanently prohibited from engaging in share repurchases.
4. Companies are prohibited from paying out dividends or executive bonuses while they are receiving any relief and for three years thereafter.
5. Companies must set aside at least one seat -- but potentially two or more, as the amount of relief increases -- on the board of directors for representatives elected by workers.
6. Collective bargaining agreements should remain in place and should not be reopened or renegotiated pursuant to this relief program.
7. Corporations must obtain shareholder and board approval for all political expenditures.
8. CEOs must be required to personally certify a company is compliance and face criminal penalties for violating these certifications.
https://www.zerohedge.com/political/elizabeth-warren-lays-out-8-conditions-federal-bailout
Re: These are the eight conditions Pocahontas (D-Moron) demands for any federal bailout cash to be released...
Posted by:
My President
()
Date: March 17, 2020 09:05PM
Smart. Wish she was still running.
Re: These are the eight conditions Pocahontas (D-Moron) demands for any federal bailout cash to be released...
Posted by:
Soild Trump GOP NRA Voter Views
()
Date: March 17, 2020 10:21PM
>1. Companies must maintain their payrolls and use funds to keep people working or on payroll.
YES IF they are employees who preform their duties and not union hacks or lazy fs getting by with screwing off or absence not excused, being late generally not worth a shit if the company can stay afloat. IF the company sinks they must be able to get rid of the dead weight the lazy present
>2. Companies must provide a $15 minimum wage as quickly as practicable but no later than one year of the national emergency declaration ending.
NO Most companies getting bailouts already pay that amount , if they don't NO you don't artificially inflate wages to 15 dollars an hour especially after the financial damage this virus will cause nation and world wide The 15 dollar min wage is now dead! Blame China and tell them to forgive our debts Liz
>3. Companies are permanently prohibited from engaging in share repurchases.
YES until the company has been solvent 5 years
>4. Companies are prohibited from paying out dividends or executive bonuses while they are receiving any relief and for three years thereafter.
NO If the people are preforming well and the company is heading in the right direction of solvency YES they should get bonus or some dividends within reason , They will just quit otherwise and that serves no company any good purpose if the employees or execs are doing a good job
Communist Democrat Liz theory in print
>5. Companies must set aside at least one seat -- but potentially two or more, as the amount of relief increases -- on the board of directors for representatives elected by workers.
Agree
6. Collective bargaining agreements should remain in place and should not be reopened or renegotiated pursuant to this relief program.
NO Unions can strangle companies with excessive demands it will be hard enough for so many companies to survive as it is . A poison pill to shield lazy Union hacks is so typical of Democrats for a vote. What do Democrats want a decades long depression to pave the way to pure communism
7. Corporations must obtain shareholder and board approval for all political expenditures.
Agree
8. CEOs must be required to personally certify a company is compliance and face criminal penalties for violating these certifications.
YES to the best of their knowledge but you cannot expect this standard when there are Union hacks present whos thugs can sabotage operations
YES IF they are employees who preform their duties and not union hacks or lazy fs getting by with screwing off or absence not excused, being late generally not worth a shit if the company can stay afloat. IF the company sinks they must be able to get rid of the dead weight the lazy present
>2. Companies must provide a $15 minimum wage as quickly as practicable but no later than one year of the national emergency declaration ending.
NO Most companies getting bailouts already pay that amount , if they don't NO you don't artificially inflate wages to 15 dollars an hour especially after the financial damage this virus will cause nation and world wide The 15 dollar min wage is now dead! Blame China and tell them to forgive our debts Liz
>3. Companies are permanently prohibited from engaging in share repurchases.
YES until the company has been solvent 5 years
>4. Companies are prohibited from paying out dividends or executive bonuses while they are receiving any relief and for three years thereafter.
NO If the people are preforming well and the company is heading in the right direction of solvency YES they should get bonus or some dividends within reason , They will just quit otherwise and that serves no company any good purpose if the employees or execs are doing a good job
Communist Democrat Liz theory in print
>5. Companies must set aside at least one seat -- but potentially two or more, as the amount of relief increases -- on the board of directors for representatives elected by workers.
Agree
6. Collective bargaining agreements should remain in place and should not be reopened or renegotiated pursuant to this relief program.
NO Unions can strangle companies with excessive demands it will be hard enough for so many companies to survive as it is . A poison pill to shield lazy Union hacks is so typical of Democrats for a vote. What do Democrats want a decades long depression to pave the way to pure communism
7. Corporations must obtain shareholder and board approval for all political expenditures.
Agree
8. CEOs must be required to personally certify a company is compliance and face criminal penalties for violating these certifications.
YES to the best of their knowledge but you cannot expect this standard when there are Union hacks present whos thugs can sabotage operations
Re: These are the eight conditions Pocahontas (D-Moron) demands for any federal bailout cash to be released...
Posted by:
True American
()
Date: March 17, 2020 10:26PM
Mmmmm...how's the corporate dick taste, Solid Trump GOP NRA tard? Did you remember to fondle the balls while you were sucking it? Did it trickle down something good on ya?
I say we sharpen up the guillotines and give these corporate motherfuckers what they've had coming for years. Make them bleed.
I say we sharpen up the guillotines and give these corporate motherfuckers what they've had coming for years. Make them bleed.