Nanker Posted March 17, 2020 Share Posted March 17, 2020 57 minutes ago, GG said: Tax relief comes in the immediate 8% pay "raise" from canceling the withholding of the payroll tax. There will be a different package to help the suddenly unemployed. Thank you. There still are state run unemployment benefits. Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted March 17, 2020 Share Posted March 17, 2020 ...now there's a real shocker....... Pressley, Warren say next coronavirus spending package should include student debt cancellation By Louis Casiano | Fox News Some Democratic lawmakers are calling for student debt cancellation to be included in the next coronavirus relief package as Washington debates how to provide economic assistance to businesses and workers impacted by the pandemic. Rep. Ayanna Pressley and Sen. Elizabeth Warren, both of Massachusetts, called for congressional leaders to prioritize the issue, which impacts millions of Americans. “Student loan cancellation has to be part of the next emergency funding package. @SenWarren & I are calling on Senate & House leadership to prioritize this,” Pressley, who served as a co-chair for Warren’s now-defunct presidential campaign, tweeted Tuesday. https://www.foxnews.com/politics/pressley-warren-say-next-coronavirus-spending-package-should-include-student-debt-cancellation Link to comment Share on other sites More sharing options...
RochesterRob Posted March 17, 2020 Share Posted March 17, 2020 6 minutes ago, Nanker said: Thank you. There still are state run unemployment benefits. What does somebody do if they are still considered employed but they have zero hours worked for the next few weeks? In other words they have not been fired or terminated. 5 minutes ago, OldTimeAFLGuy said: ...now there's a real shocker....... Pressley, Warren say next coronavirus spending package should include student debt cancellation By Louis Casiano | Fox News Some Democratic lawmakers are calling for student debt cancellation to be included in the next coronavirus relief package as Washington debates how to provide economic assistance to businesses and workers impacted by the pandemic. Rep. Ayanna Pressley and Sen. Elizabeth Warren, both of Massachusetts, called for congressional leaders to prioritize the issue, which impacts millions of Americans. “Student loan cancellation has to be part of the next emergency funding package. @SenWarren & I are calling on Senate & House leadership to prioritize this,” Pressley, who served as a co-chair for Warren’s now-defunct presidential campaign, tweeted Tuesday. https://www.foxnews.com/politics/pressley-warren-say-next-coronavirus-spending-package-should-include-student-debt-cancellation Hopefully, this will end any talk of Warren being a possible VP choice. 2 Link to comment Share on other sites More sharing options...
Nanker Posted March 17, 2020 Share Posted March 17, 2020 12 minutes ago, RochesterRob said: What does somebody do if they are still considered employed but they have zero hours worked for the next few weeks? In other words they have not been fired or terminated. Hopefully, this will end any talk of Warren being a possible VP choice. It’s called temporary lay-off. It’s been around for years. Link to comment Share on other sites More sharing options...
3rdnlng Posted March 17, 2020 Share Posted March 17, 2020 13 minutes ago, RochesterRob said: What does somebody do if they are still considered employed but they have zero hours worked for the next few weeks? In other words they have not been fired or terminated. Hopefully, this will end any talk of Warren being a possible VP choice. One would think it would be treated as if that person was laid off. Link to comment Share on other sites More sharing options...
Nanker Posted March 17, 2020 Share Posted March 17, 2020 Do a web search on “temporary layoff unemployment benefits” https://www.legalmatch.com/law-library/article/collecting-unemployment-benefits-in-the-event-of-a-temporary-layoff.html Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted March 17, 2020 Share Posted March 17, 2020 15 minutes ago, RochesterRob said: What does somebody do if they are still considered employed but they have zero hours worked for the next few weeks? In other words they have not been fired or terminated. Hopefully, this will end any talk of Warren being a possible VP choice. ...ignorance is bliss....yet another fine Massachusetts gem.......you graduated and started your loan payback in 2019....how the hell is that relevant to coronavirus now?.....if the creditors want to suspend payments for 90 days with no interest, let THEM handle it.....we need a LizzieVaccine STAT.......... 5 minutes ago, Nanker said: It’s called temporary lay-off. It’s been around for years. ...key provision is "lack of work".......upcoming legislation allows states to relax their requirements.....Big Fredo eliminated the 7 day wait period here in NYS and the website crashed last night....so now you can go get in line and forget social distancing..... Link to comment Share on other sites More sharing options...
RochesterRob Posted March 17, 2020 Share Posted March 17, 2020 3 minutes ago, OldTimeAFLGuy said: ...ignorance is bliss....yet another fine Massachusetts gem.......you graduated and started your loan payback in 2019....how the hell is that relevant to coronavirus now?.....if the creditors want to suspend payments for 90 days with no interest, let THEM handle it.....we need a LizzieVaccine STAT.......... The dingbat is talking about (complete) cancellation. There is no connection to Coronavirus. Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted March 17, 2020 Share Posted March 17, 2020 Just now, RochesterRob said: The dingbat is talking about (complete) cancellation. There is no connection to Coronavirus. ...EXACTLY my point....you just cannot manufacture THAT type of stupid........ Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted March 17, 2020 Share Posted March 17, 2020 1 4 Link to comment Share on other sites More sharing options...
ALF Posted March 18, 2020 Share Posted March 18, 2020 Treasury Secretary warns US could see 20% unemployment rate due to coronavirus, source says Mnuchin's comments came as he urged Republican senators to act on economic stimulus measures totaling $1 trillion designed to avert that kind of worst case scenario. In the same meeting, Mnuchin also said he is concerned the economic ramifications of the coronavirus pandemic could be worse than the 2008 financial crisis, the source said. Mnuchin's comments, which were first reported by Bloomberg News, come amid a rising sense of urgency at the White House and on Capitol Hill to confront the increasingly serious threat of the coronavirus pandemic — on both the public health and economic fronts. https://www.cnn.com/world/live-news/coronavirus-outbreak-03-17-20-intl-hnk/h_2385aa5c7b037af0483c4bb31ee6b735 1 1 Link to comment Share on other sites More sharing options...
ALF Posted March 18, 2020 Share Posted March 18, 2020 (edited) 14 hours ago, GG said: Tax relief comes in the immediate 8% pay "raise" from canceling the withholding of the payroll tax. There will be a different package to help the suddenly unemployed. 8% pay raise for those still working in good paying jobs is wrong. Have unemployment benefits for low income workers who don't otherwise qualify . Do not give Trump bucks to families still having a income that is livable. The budget deficit during a prosperous time is way too high. The deficit during this emergency will be off the charts serious. The well to do were given a big tax cut by Trump , now is the time to help the working poor who are now unemployed by this pandemic. Walmart and Amazon have 100,000 temp jobs each open in this crisis so that will help. I do respect the economic expertise of GG 100% , my opinion is just that Edited March 18, 2020 by ALF 1 Link to comment Share on other sites More sharing options...
3rdnlng Posted March 18, 2020 Share Posted March 18, 2020 14 hours ago, OldTimeAFLGuy said: ...EXACTLY my point....you just cannot manufacture THAT type of stupid........ We've already discussed her origins to the 2024th degree. Papooses are made the same way as little cowboys. Geesh. 1 Link to comment Share on other sites More sharing options...
3rdnlng Posted March 18, 2020 Share Posted March 18, 2020 Just heard Bernie say that we are the most successful and richest country the earth has ever seen. He then went on to say that we need to fundamentally change. 2 1 Link to comment Share on other sites More sharing options...
Foxx Posted March 18, 2020 Share Posted March 18, 2020 haven't had time to verify this yet this morning but wanted to get it out. things are very busy here. if someone cares to verify or debunk before i get the chance, please do so. https://twitter.com/markbspiegel/status/1239993201030766593 Link to comment Share on other sites More sharing options...
Foxx Posted March 18, 2020 Share Posted March 18, 2020 Dow below 20k today. also, the 7% down circuit breaker has kicked in. Link to comment Share on other sites More sharing options...
ALF Posted March 18, 2020 Share Posted March 18, 2020 Anyone watching the long interview on CNBC with Bill Ackman CEO Pershing Square Capital are in shock. I would not even repeat his dire prediction. Link to comment Share on other sites More sharing options...
GG Posted March 18, 2020 Author Share Posted March 18, 2020 4 minutes ago, ALF said: Anyone watching the long interview on CNBC with Bill Ackman CEO Pershing Square Capital are in shock. I would not even repeat his dire prediction. He was pretty apocalyptic. In fairness, people like that should bare open their full investment positions if they are going on airwaves to propose solutions. 1 Link to comment Share on other sites More sharing options...
ALF Posted March 18, 2020 Share Posted March 18, 2020 (edited) GM , Ford , Chrysler and Honda will be shutting down per cnbc Edited March 18, 2020 by ALF Link to comment Share on other sites More sharing options...
RochesterRob Posted March 18, 2020 Share Posted March 18, 2020 23 minutes ago, ALF said: Anyone watching the long interview on CNBC with Bill Ackman CEO Pershing Square Capital are in shock. I would not even repeat his dire prediction. For the sake of discussion give us an idea. It's not like a couple of people on an obscure message board are going to end civilization as we know it. Link to comment Share on other sites More sharing options...
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