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Large firms offered millions in loans to stay afloat: PM

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  • bucket
    Senior Member
    • Jan 2008
    • 17027

    Large firms offered millions in loans to stay afloat: PM

    And farmers are still left out after years of phucked up trade ....nothing....
  • Misterjade9
    Senior Member
    • Nov 2016
    • 440

    #2
    Now,now Bucket have you forgotten the 5B into FCC and increase in CCGA?

    Comment

    • bucket
      Senior Member
      • Jan 2008
      • 17027

      #3
      Originally posted by Misterjade9 View Post
      Now,now Bucket have you forgotten the 5B into FCC and increase in CCGA?
      Yes I know but FCC isn't trying to keep guys afloat.....and more than likely these business loans are going to be written off...

      Highlights how precarious our economy is....and the fact shareholders aren't willing to take a haircut....

      Comment

      • Misterjade9
        Senior Member
        • Nov 2016
        • 440

        #4
        So, I know it goes against what all farmers stand for but maybe it is time we just tell the Feds no we're not paying back these loans, write them off just like they did for Chrysler, how many billions was that? Maybe it is time not to be so upright and virtuous. Let's just pull a Bombardier. I know we won't but just saying.

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #5
          Will corrupt corporations such as SNC-Lavalin and Bombardier qualify? 👀

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17479

            #6
            There's "$tipulations" you know!

            Comment

            • 15444
              Senior Member
              • Feb 2000
              • 2112

              #7
              Originally posted by Oliver88 View Post
              Will corrupt corporations such as SNC-Lavalin and Bombardier qualify? 👀
              Of course. And Dumbo got all threatening that they would be held to account if they scam the system.

              Ya right. They are gonna cash the cheque and grab a flight to Caymen Islands. Let the worker pension funds pay for the government handout clawback.

              The very fact that huge companies need government cash to survive says they are already ****ed. Once the plane lands in a non-extradition country, the bankruptcy will be filed.

              Comment

              • bucket
                Senior Member
                • Jan 2008
                • 17027

                #8
                I always thought that shareholders were there to help finance the company....nope ....those capitalistic shareholders want the government to ensure their money is safe....

                So is the Trudeau government smart enough to take a shareholder percentage for the capital infusion?

                Maybe the libtards should take some note from Buffet....like when he helps out a company he ends up owning it...

                in my humble opinion....capitalism has become socialism in this country....

                Soon it will be vodka and throwing stones all day long...

                Meanwhile back at the farm we are still working to help the economy with very little government help....just imagine what a 40 dollar an acre payment like the irrigation capitalists..err sorry socialist...would do for the average dryland farmer this year ....for the economy and the world that buys our product??????

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17479

                  #9
                  I thought Moroneau called them "bridge loans", not a "grant"

                  http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl

                  Comment

                  • bucket
                    Senior Member
                    • Jan 2008
                    • 17027

                    #10
                    Originally posted by farmaholic View Post
                    I thought Moroneau called them "bridge loans", not a "grant"

                    http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl
                    It will turn into grant during the next election.

                    Comment

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