Maritime Law will remain unchanged for the with no plans to make adjustments
Maritime Law will remain unchanged for the with no plans to make adjustments
Easy to say but when an average citizen blows all their savings trying to weather this storm they tell you to save more this is not socialism.
Apple has billions of cash in reserves. Most massive business do as well. Spending 96 percent of your free cash over the last decade is horribly irresponsible for a business when it leaves nothing in reserves. You really dont understand finances at all
Inherently, there is nothing wrong with stock buybacks. There is, however, something extremely wrong when spend 96!!!! percent of your cash on it over the past decade plus. Thats insane. They dont deserve a dime from the federal government. They did this to themselves
Someday somebody will have to explain to me why using corporate cash to buy stock at the peak of its value is “doing right by the shareholders.” It’s not a wise long-term move, even if it’s that particular company’s own stock.
This is where a sane system would require some sort of statutory reserve plan in exchange for the bailout.
Neutral: On the one hand, air travel is usually vital to national infrastructure, and American airlines have competed with airlines propped up by the states they service for way too long. On the other hand, if you mismanage yourself this hard, the idea of capitalism is that you fail and anything that still works is…
we’ve already bailed them out with crushed flights, baggage fees, $12 dollar shitty snacks and ridiculous fares. Having flown Ryan in Europe I feel extremely cheated by our domestic airlines, it’s a cattle car both ways but at least on Ryan I’m paying steerage prices for steerage class, Bailouts my ass.
This is a hard one, the airlines felt they were doing the right thing for their shareholders which is sort of what a business is supposed to do (as long as its ethical). But they know that there could be a global recession or other impact event and didn’t hold reserves. Even if they did I don’t know if it would have…
<spit take gif>
Shouldn’t have opted for the electronic billing.
How is he hitting the snare?
“You paid over $1,000 for a car?! CP.”
Why, it’s Martian Law! Er...Sparks, can I marry people?
I heard that the Oakland Zoo was shutting down because someone fought a panda and left it unconscious. Definitely a case of Marshall Law.