Fauquier Bankshares board OKs sale to Va. National
Stay in the know! Sign up to get Fauquier County news updates delivered to your inbox.
Advertise on Fauquier Now!
FauquierNow.com
Who won the presidential debate Tuesday night? Vote!
HOME OBITUARIES NEWS OPINIONS BUSINESS STYLE CALENDAR CLASSIFIEDS
Free classifieds! Members can also post calendar events, news, opinions and more ... all for free! Register now!
Login · Forgot Your Password?
March 23, 2020 · OPINION

More corporate bailouts? Say: “Not this time!”

Stock Photo
By Kathy Kadilak
The Plains

While many of our family, friends and neighbors are denied paid sick time because their employer is either too small (fewer than 50 employees) or, yes, too large (think Walmart, CVS, Citibank, Exxon) and wondering where their next meal will come from, President Trump and our congressional representatives are seriously considering bailouts for the airline, hotel and cruise industries. The bailout would cost taxpayers over $50 billion.

These are the same organizations that impose Draconian rules on customers to pinch every penny out of us that they can. The airlines are infamous for gouging us on ticket prices, baggage fees and other arbitrary expenses while providing service that is sometimes uncomfortable and unpredictable.

Remember when our government bailed out Wall Street and the banks in 2008? They received a combined total of $45 billion in taxpayer dollars, while they bankrupted Americans. Did folks who couldn’t pay their mortgages get a bailout? No, they got an eviction notice and foreclosure.

There should be no bailouts for the airline and travel industry. Let the CEOs and other corporate officials in those companies do the hard work of surviving this pandemic like the rest of us must. No matter what your political affiliation, I hope you will join me in calling our representatives in Congress to say, “Not this time!”
Member comments
To comment, please log in or register.
warfname · April 10, 2020 at 6:09 pm
Welcome to the area, Gold Cup! If you are looking for petty local politics, look no further than FauquierNow. All the elder statesman choose this medium to debate and argue to pointless issues that have long since stopped mattering.
Gold Cup · April 9, 2020 at 3:20 pm
Last two commenters (not the fake one) make this guy sound super human. Is he the most powerful person in this town? They are fixed on him. Runs people off websites (how?)! Makes people think about closing the ER! Talk about him at the bar and pass phones back and forth! Rules the newspaper! Leaps tall buildings in a single bound!

New to the area and eager to meet JG. Certainly has full attention of you two halfwits. Sounds a bit like TDS, honestly. Oh what a web you guys weave.
DawnRBickerstaff · March 31, 2020 at 9:16 am
nonewtaxes · March 29, 2020 at 11:51 pm
I do hear that baba obama takes credit for restarting the economy. If'n it was bush's bail out shouldn't bush get the credit?

Now I read you say trump is president and should take responsibility for all things going on and not blame the former obama yet all obama did for 6 years was blame bush.

how do you support all local politicians? cant you only vote for just one? At best, you can only support half the politicians.

little jimmy aint run me off. It's just more productive to talk with a mud puddle.
Rusty Wheel · March 28, 2020 at 7:19 pm
sonny day lies, pile of screen names .. not run off but returned with new names

was 'concerned citizen' & nonewtaxes & Traverse & JohnnyD said peeps should get banned for spreading liberal bs or something stupid like that

dont always agree with jg but makes sense more than not always decent bout it these rednecks are the ones that make all look bad
Jim Griffin · March 28, 2020 at 1:29 pm
SD:

Get a life. Calling people names, making up stories, trying to boycott a news site to silence comments with which you merely disagree. It's juvenile.

Here's another made-up story: You falsely wrote that I once said I was speaking for the editor. Another lie.

Against the tiny few bigoted cries of boycotting the news site because it publishes my comments, I related that I know and have shared a meal with those who run it, consider them friends and am sure they would never censor someone for having a different POV. Indeed, journalists like contrasting views, even thrive on them. It is in many ways the whole point of journalism, and I was a journalist for many years.

Lincoln put it best: If two people think the same way about anything we don't need one of them.

Neither are my views off the end of some chart -- I support almost every local politician, voting for and supporting many a Republican.

I am what some refer to as an accidental moderate:

http://www.paulgraham.com/mod.html

Decidedly not middle of the road, but many different views. So, for example, I am critical of taxpayer-funded conservation easements, support 2A gun rights ala Justice Scalia, generally oppose workplace legislation and have a distaste for big govt. Did not vote for HRC. Am not a Democrat. We have a good relationship with all our neighbors and have lived here for over a decade and a half. We give time and resources to the community.

Still, you play a silly game of lump and dump, trying to own a lib -- so you make one to try to own. Nikki Haley, for one, is highly critical of this game, as she warned high school students a few years ago, which reminds us how sophomoric is a boycott to ban a commenter.

Applying it to me is silly, even libelous and defamatory.

Which is why you need to make up something -- that I said I spoke for the editor -- to have anything to criticize. Another lie. It simply isn't true -- I repped only that he is fine with me commenting as I do.

He would never let me speak for him -- we're a pair of journalists -- nor say I did. It's his site. He would remove such a post and me as a user. As I said then, he is fine with me expressing my opinion in the comment section. I suspect he'd happily publish something I wrote and sent to him just like he does for so very many others.

And, hey, if an inherited law enacted by your predecessor and with which you are now "involved" could be made yours, we'd be calling health care Trumpcare, right?

Rave on, Sonny Day. Your lies include saying you're done with it when you're never done with the name calling, false claims, made up information. It's your pattern, like that fish I keep catching in my pond. Fortunately for the fish and you, I practice catch and release. Off you go!
Jim Griffin · March 26, 2020 at 1:59 pm
SD:

Nothing but ad hominem attack and failure to take responsibility for your lying.

"The only thing I can do is slam them for using a pseudonymous hood"?

You lied when you called it Obama's bailout; It was Bush's. You lied when you placed the number at $850b; Obama got less than half that. You lied when you falsely claimed he "sent pallets of cash without Congressional approval"; It was theirs in the first place.

You are a repeated, demonstrable liar. Your relative anonymity gives you a perch for sniping and lying, but it is by no means the point. There are fine people here who disguise their identity, but you're not one of them.

You are not a middle-of-the-roader. You are a Republican partisan who unfortunately disgraces an otherwise decent group of people. Shame that.
Jim Griffin · March 26, 2020 at 9:40 am
Your ad hominem spins are offensive. There's nothing liberal or conservative about facts save for your liberal use of falsehoods.

I did address Obama and TARP: He inherited the program from Bush, who signed and enacted the legislation that you now falsely attribute to Obama. Neither do I criticize TARP or Bush -- the cash infusion was needed. Bailouts are never clean.

You have a problem, SD. It's a partisan problem. You want to assign partisan blame and make personal that which is not, all the more ironic and asymmetrical because you refuse to stand accountable for your own false words, hiding under a pseudonymous hood.

These are facts: Obama inherited $350b, not the $850b you falsely claim; It was Bush money inherited, not an Obama plan; Obama made equity infusions; It was Iranian money in the first place, not US funds that needed appropriation.

Here's another fact: My views range from conservative to liberal, as do the views of most people. I do not see the world through your partisan lens. I simply call 'em as I see 'em. You had more than three strikes here, so you're out.
Mark House · March 25, 2020 at 11:29 pm
I blame Trump's parents for raising such a self-brat.
Silii · March 25, 2020 at 9:36 pm
Well, it does no good to keep bringing up Obama.That was years ago. Past tense. Trump has been president for over 3 years. So, everything now is on his watch not some president from the past. It's a poor and weak excuse to keep blaming a past president for Trump's total failures and disgusting personality.
Jim Griffin · March 25, 2020 at 8:53 pm
To my points, not a one of which you refuted in any way:

1. Obama seeks remaining $350 billion in bailout funds (January 2009, post-election)

https://www.reuters.com/article/us-financial-bailout/obama-seeks-remaining-350-billion-in-bailout-funds-idUSN1235783420090112

You do not refute that what you mistakenly call Obama's $850b bailout was enacted while Bush was president and only $350b was left over.

2. Boeing CEO says no equity deal:

https://www.barrons.com/articles/boeing-stock-calhoun-bailout-coronavirus-dilution-aerospace-51585074419

You do not address the issues of equity versus giveaway. At all. The Obama money was not a giveaway but equity deals not for slush projects but specifically intended to prop up the lending system. Some of the money came back.

3. Mnuchin Discusses $850 Billion Stimulus and Checks to Americans

https://www.bloomberg.com/news/articles/2020-03-17/mnuchin-to-ask-congress-for-850-billion-virus-stimulus-package

The $850b bailout is the current one, not the Obama number. This is where you mistakenly put an additional $500b on Obama's shoulders.

4. Iran money was theirs, Trump story bogus, Reuters fact check:

https://bit.ly/3dupWyO

The money was not from the US Treasury. It was from frozen Iranian bank accounts and payments to the US for arms purchases not delivered. Even your source concurs, says Obama gave Iran access to its money, not ours.

Bottom-line: Bailouts and cash grabs like these suck. Lots of waste and misspending, but we have hindsight they did not and we can at least tell the truth instead of smearing with lies as you did.
Jim Griffin · March 25, 2020 at 7:17 pm
1. Obama started with $350 billion -- not $850b -- and the $350b he got was leftover from the $700b bailout approved at the end of Bush's presidency. Your $850b number is accurate for *this* bailout.

2. The Obama money was a financial bailout for banks, lenders (like GMAC), car companies, etc. It was needed to stabilize the financial system and was requested by Bush.

3. The pallets of cash were Iran's in the first place, so he didn't need approval. Most of it was unfrozen funds, the remainder restitution for armaments purchased but never delivered.

4. Let's hope these "bailouts" are equity investments like the Bush/Obama bailout, but I am hearing they are not -- GM, TARP funds, etc., were equity investments that were returned to the US Treasury. Let's hope the same is true of Boeing -- give the taxpayers value for the cash invested. (Boeing CEO now says no.)
Silii · March 24, 2020 at 8:10 pm
Yes, we are a socialist country. Big government doles out money to corporations, farmers, etc. at the expense of taxpayers. Trump has been one of the worst offenders ever. Next, it isn't so much the bailout concept as it is what the corporations do with them. Corporations should not be allowed to use the money for stock buy backs to line the deep pockets of corporate executives and stockholders. Corporations should not be allowed to increase salaries and compensation/retirement/separation packages for corporate executives while they continue to downsize or not rehire and grow. This is what they have done in the past thereby rendering bailouts useless for workers. It's time to stop shifting the wealth in this country to the upper 5% at the expense of the rest of us.
Demosthenes · March 23, 2020 at 8:20 pm
FalconDad,

My apologies. Picking on a neighbor for their spelling is pretty pointless. I am afraid that the stress of our current situation is starting to weigh on me.

Anyway, you are right in your idea that we should bail out airlines. Not only do we want to take care of all of the workers connected to the airlines, but when this all finally goes away we will all want to see airlines still in operation.
Jerome Fields · March 23, 2020 at 5:56 pm
"Punish the disvhonest businesses who hire tgem."

SaveFauquier so you think that Trump and Company needs to be punished for ALL the illegals for ALL the years that he hired them, and discarded them when they wanted paid, SHOULD BE HELD accountable. Well, finally you said something that make sense!
FalconDad · March 23, 2020 at 3:51 pm
Demosthenes, yeah you’re correct. I type too fast and hope auto correct will not go awry, so I will let your comments slide.
Demosthenes · March 23, 2020 at 3:37 pm
FalconDad, grades came out and you just got an F in spelling. It should be "your family" and generally people spell it "would" rather than "wold."

Savefauquiercounty2019, you said we are a capitalist country. Remember that in a capitalist country the government does NOT take an active role in bankrolling businesses. In capitalism the free market dictates which companies live and die. But actually I'm not saying that we shouldn't save some key industries like the airlines, I'm just saying you ought to embrace your inner socialism that beckons you to call out for so much government influence in the economy.
FalconDad · March 23, 2020 at 3:10 pm
Kathy, grades came out and you just got an “F” in economics. If you or you’re family members were part of these industries or their suppliers you wold stop begging FauquierNow to publish your crap.
Savefauquiercounty2019 · March 23, 2020 at 2:09 pm
Employees need to return to work. Businesses that are struggling need help. They will rehire Americans. Bring the jobs back into USA. Go back to hiring Americans first. No Americans should be financially ruined. Stop giving Aid to foreign countriex who have horrific leaders. It has always been unconstitutional. The tax payers should never have to support illegals. We hire workers sith visas only. Punish the disvhonest businesses who hire tgem. China should be held responsible for manufacturing viruses. Muhan institute should be shut down. Biological weapons are just as bad as nuclear bombs. This virus was unleashed /genocide. We are a capitalist country and we need to support companies who will keep Americans working. Support all businesses as much as you can. In turn, your community will stay strong.
Facebook comments
Enter your email address above to begin receiving
news updates from FauquierNow.com via email.
Thursday, October 1
Half of county voters could cast ballots before Nov. 3, reliving pressure on precinct polling places
Thursday, October 1
Ategra Capital Management’s recent interest coincides with deal to become part of Charlottesville holding company
Thursday, October 1
450 new infections and 20 more deaths statewide, Virginia Department of Health reports
More Fauquier news
© Copyright 2011-2018

50 Culpeper Street, Suite 3
Warrenton, Virginia 20187
540.359.6574
Crime Log
Obituaries
Business
Add Your News
The Big Picture
Ellen’s Kitchen
and Garden

Features
Real Estate
For Sale
Employment
Automotive
Announcements
Legal Notices
Post an Ad
Advertise
Terms of Service