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Yo_Mama_Been_Loggin

(108,071 posts)
Thu Jan 24, 2019, 04:18 PM Jan 2019

U.S. Commerce chief to federal workers: get a loan

WASHINGTON (Reuters) - Workers affected by the government shutdown should seek loans to pay their bills and financial institutions should make credit available, U.S. Commerce Secretary Wilbur Ross said on Thursday as employees were poised to miss their second paycheck.

In an interview on CNBC, Ross said it was "disappointing" that some federal workers were not showing up to work and that "there really is not a good excuse" for affected workers to not have money.

"The banks and the credit unions should be making credit available to them," said Ross, a billionaire investor. He noted the government had committed to give federal employees back pay, adding "there really is not a good excuse why there really should be a liquidity crisis."

"True, the people might have to pay a little bit of interest. But the idea that it's paycheck or zero is not a really valid idea," Ross said. "They are eventually going to be paid."

https://www.msn.com/en-us/news/us/us-commerce-chief-to-federal-workers-get-a-loan/ar-BBSFYuG?li=BBnbcA1

Is this jackass really in the financial business? It's just about impossible to get a loan from any bank if you don't have a source of income.

Maybe he thinks they can be like Trump. Take out a loan and default.

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U.S. Commerce chief to federal workers: get a loan (Original Post) Yo_Mama_Been_Loggin Jan 2019 OP
...he's the Chief of Commerce?! wtf FirstLight Jan 2019 #1
hard to get a fucking loan when the lenders ask to see your source of income RT Atlanta Jan 2019 #2
Best idea: Open the Government, now! nt NCjack Jan 2019 #3
He should provide loans he has the money wasupaloopa Jan 2019 #4
that's great. and hey, if you can't do that, maybe sell a child? anarch Jan 2019 #5

FirstLight

(13,362 posts)
1. ...he's the Chief of Commerce?! wtf
Thu Jan 24, 2019, 04:22 PM
Jan 2019

Um, yeah...banks are not in a position to, nor are they going to, bail out the US govt.

This shutdown is going to cause major fallout in the financial, real estate, and other sectors. Shouldn't the "Chief of Commerce" know this????

RT Atlanta

(2,517 posts)
2. hard to get a fucking loan when the lenders ask to see your source of income
Thu Jan 24, 2019, 04:23 PM
Jan 2019

including the last few paychecks.

What a Maroon......

anarch

(6,535 posts)
5. that's great. and hey, if you can't do that, maybe sell a child?
Thu Jan 24, 2019, 04:54 PM
Jan 2019

you know, that's a very common thing that people in need have done throughout history--sell one of your children into slavery, and hey, you can probably feed the rest of your family for another week or two!

Or perhaps you or one (or more) of your family members could make some extra cash through prostitution? I know, it's a sacrifice and all, but...Wall.

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