Viewing profile — volak

100k in loans for an English degree Demand a refund not a handout

Something equivalent that teen boys "adore" like girls and boy bands and twilight? I can only think of video games.. perhaps anime, possibly comics. All of which are widely mocked.…

Some juicy federal crimes we're all expected to know from @CrimeADay on Twitter 26 USC §5674(b) & 27 CFR §25.144(a) make it a federal crime for a brewer to remove beer from a brewe…

One could make a fairly good argument they already do. Especially if you watched the testimony from that professor explaining how Google shifts search results to push GOTV in certa…

Net Neutrality is a solution in search of a problem. The only argument for it is a fictional story based on photoshopped ads. Government should not be regulating internet content.

Just wanted to point out that 3 of those 4 countries are surrounded by miles of open water/ocean. And the final one has been lying about the outbreak the entire time. https://www.i…

I think the app should be called "Captain Hindsight"

I agree it wouldn't sell very well. But postmortems in the tech world do trend sometimes a news cycle postmortem - someone pitch this in an elevator

That's why such a news app would be so interesting. I remember comments from back then slightly differently.

I would pay a subscription to a news site if they spent all their time evaluating 2-5 year old events and determining which side was right. 2 years ago comments of "this will only …

A deal like this would likely be worth half a million at least. Perhaps even a couple billion.

Repurchasing shares is what companies do with profits they cannot effectively leverage into new investments. I suggest you read https://en.wikipedia.org/wiki/Share_repurchase But t…

Not true actually. The majority of employees do not get fired. Only a minority do And the minority that is let go get 3-6 months of severance and unemployment benefits until they i…

You are assuming this deal is the same as previous ones. Its not even close https://www.marketwatch.com/story/united-airlines-details-it... Grants for employee salaries and benefit…

But as I pointed out in the original post - the 10B in fees is in line with revenue the banks receive during normal times. And going off the earnings the banks posted last week, th…

His post is not addressing this issue of bank fees hes making a wider point about bailouts in general. I am simply reminding him that airline companies who did nothing wrong have p…

Agreed - which is why I strongly support the administration demanding equity in the companies that are receiving money. And I only support money given as loans which must be paid b…

Its not necessarily a question of what they could do. Its an emergency and time was valuable. Banks have thousands if not millions of employees capable of performing basic due dili…

The banks have a preexisting relationship with these businesses and know what they would need / qualify for. Plus provide boots on the ground for vetting. The best the government c…

There has been no general business failure during this crisis. The government is mandating businesses be closed and businesses and employees are suffering because of it. If you are…

The best analogy I use for logical errors such as this is - If you have a dependent - ie a child - whom you are a primary source of care. Should you qualify for a bigger helping ha…

This program is vastly different from the 2008 bailouts. The banks collected a modest fee for doing work spreading money around to people who need to pay employees and rent. In thi…

If you know of a better way to spread 600 billion amongst 5-10 million small businesses without going through the local banks these businesses use please share with the class?

Businesses are not a charity - according to reported Q1 earnings last week they're losing million of dollars everyday just keeping the lights on. They've lost far more even with th…

Banks make somewhere around 450 billion in revenue each year. https://www.statista.com/forecasts/409713/banking-revenue-in... This program made them 1/3 of 1 month's normal revenue…