General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCruise lines and casinos are part of the bailout plan?
Are you fucking kidding me? Oil and gas industries are bad enough as they DESTROY the planet, but cruise lines and casinos?
intrepidity
(7,307 posts)Shrike47
(6,913 posts)Sneederbunk
(14,292 posts)Wellstone ruled
(34,661 posts)Locally watch this,11 billion Plus for Trumps friends in order to payoff pending Casino Hotels deals with Carl Ichan,Derick Stevens,Phil Rifkin,Trumps partner,Eldrado Corp as well as the Fretitta Bros.
You won't be Surprised at this price tag when it happens. And you thought 50 billion for one Airline was stiff.
pwb
(11,276 posts)Doubt there will be much for real Humans. Corporations find ways of keeping it for stockholders profits that go mostly to we know who %.
guillaumeb
(42,641 posts)And in my opinion, the majority of this stimulus money will go directly to the rich.
Jamastiene
(38,187 posts)Of course, they will get bailed out and probably free TP while they are at it.
NoMoreRepugs
(9,435 posts)rockfordfile
(8,704 posts)wishstar
(5,270 posts)Initech
(100,081 posts)He's also a super creepy weirdo. You know Chump tends to attract that type.
Brother Mythos
(1,442 posts)Almost all of those big cruise ships were built in foreign countries, sail under foreign flags, and are crewed by mostly foreign nationals. The consequences of the Cruise Lines failing will have a financial impact on very, very few American citizens.
What will ultimately happen if the Cruise Lines fail is that newly incorporated multinational corporations will quickly buy up most of the idle ships at bargain basement prices, re-register them under foreign flags once again, and then re-crew them with mostly foreign nationals once again.
I believe a bailout of the Cruise Lines would be little more than a bailout of their big investors (Do you, personally, own any Cruise Line stock, other than Disney? Do you even know anyone who owns any Cruise Line stock, other than Disney?), and a bailout of the Cruise Lines' big banks.
In any case, I suspect almost all of the bailouts the Global Oligarchs' Posse (GOP) will pursue will mostly benefit the biggest of investors and the big banks.
This time around, I'm all for letting more than a few of the big investors, big hedge funds, and "too big to fail" banks, bear the burden of their bad investments. I mean, it's not like big investors are going to not invest, and new hedge funds and banks won't immediately be incorporated to fill the voids left by the old ones.