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The point is that it is still assistance - whether you are a taxpayer or not.
Yes, and what of it? Am I supposed to be embarrassed by it? Is Yellow Trucking company embarrassed they they took $700 million in assistance (bailout) from the government (taxpayers) and then declare bankruptcy anyway?
The whole ultra processed food industry has grown in the recent years. The following link is really revealing...
"Market sales data from 2006-2019 have shown that per capita UPF consumption has reached remarkably high levels in HICs, with levels significantly higher than in upper-middle income countries (UMICs) and LMICs. 6 Survey data show that UPFs contributed 42%, of dietary energy intake in Australia in 2011-2012 38 and 58% in the US in 2009-2010. 39 The contribution of UPFs to dietary energy intake is currently much lower in UMICs and LMICs than in HICs, ranging from 21.5% in Brazil in 2008-2009 41 to 29.8% in Mexico in 2012.
Surprised that UPF consumption is highest in the high income group (I thought these folks were somewhat educated) but the growth rate of penetration is highest in the lower income segment (who currently consume less of it).
"The increases in overweight and obesity rates have been mirrored by high and increasing per capita UPF and UPB sales
High income people are also the busiest, and the UPF is often the only thing that can be grabbed in 3.3 minutes during which one can eat (generally while finishing some paperwork). You would not believe the garbage I had eaten throughout my 37 years of career in health care :-). Hospital cafeterias serve the least healthy food imaginable, but even that for me was a luxury; my nutrition when working typically consisted of candy from the machine. Now I eat healthy all the time, but that is solely one of the benefits of retirement.
Yes, and what of it? Am I supposed to be embarrassed by it? Is Yellow Trucking company embarrassed they they took $700 million in assistance (bailout) from the government (taxpayers) and then declare bankruptcy anyway?
Don't think a thing of it. I lost my insurance when Obamacare got enacted and had no choice.
So I planned and paid little to nothing for 8 years.
I would have kept my plan @ $95/month (high deductible retiree plan) but ACA ruled that I had an invalid plan (no maternity, no kid coverage). Instead I went to Obamacare @$700/month and paid less than if I were allowed to keep my old insurance.
Yes, and what of it? Am I supposed to be embarrassed by it? Is Yellow Trucking company embarrassed they they took $700 million in assistance (bailout) from the government (taxpayers) and then declare bankruptcy anyway?
No, not about being embarrassed or not but seem to be dismissing/disregarding that the cost is being born by someone - it is not really free, the taxpayers are paying your bill.
Not sure what a trucking company has to do with this - COVID payments were more about saving jobs than businesses.
No, not about being embarrassed or not but seem to be dismissing/disregarding that the cost is being born by someone - it is not really free, the taxpayers are paying your bill.
Not sure what a trucking company has to do with this - COVID payments were more about saving jobs than businesses.
None of it is really as we pay taxes for it.
But this is what nationalized health insurance bought us...
All those "free" shots everyone gets every year aren't really free either.
And the "free" wellness checkups
Covid also cleared a lot of names off medicare's list
Yes, especially those with preexisting conditions. New York Times:
"Medicare may even wind up saving money because of Covid-19 — because the older Americans who died from the disease tended to have other illnesses that would have been expensive to treat if they had survived, according to an analysis from the Medicare actuary."
Yes, especially those with preexisting conditions. New York Times:
"Medicare may even wind up saving money because of Covid-19 — because the older Americans who died from the disease tended to have other illnesses that would have been expensive to treat if they had survived, according to an analysis from the Medicare actuary."
The first places that got hit hard were the nursing homes..first on the west coast and then the east coast.
The first places that got hit hard were the nursing homes..first on the west coast and then the east coast.
^^^ Duh! I had forgotten that. At the time, I associated nursing homes with the elderly, not necessarily the sick elderly. But since becoming elderly, I've learned the difference. lol
No, not about being embarrassed or not but seem to be dismissing/disregarding that the cost is being born by someone - it is not really free, the taxpayers are paying your bill.
Not sure what a trucking company has to do with this - COVID payments were more about saving jobs than businesses.
The trucking company got $700 million in taxpayer "assistance" and blew it. I'd rather my taxes go to people who need health care than corporate welfare. Yellow trucking company was on the brink of bankruptcy before Covid, it had a "junk" rating as an investment. Instead of paying back the loan, the Treasury took 30% of their shares, which are worth almost nothing. A congressional panel found they shouldn't have even qualified for the loan. But the government was handing out money and not examining who was getting it and why. Yet people like you are only concerned about the people who got health care via taxpayers? That's the line in the sand to socialism??
It is easy for people to go after the low-hanging fruit and the system is designed to keep your eyes focused there. Everyone in a first world country should have affordable (to them) health care, period.
"In June, a congressional probe found that the Treasury Department's disbursement of the loan was a mistake; the freight company — whose customers included the Department of Defense — did not actually meet the standards to qualify for the business loan because its survival was not "critical to maintaining national security."
"Before the COVID-19 pandemic, Yellow was a financially struggling company that had a long-term non-investment grade (i.e., junk) rating and previous close calls with bankruptcy over the years. The pandemic did not cause Yellow's longstanding problems, nor is the Treasury's loan to the company likely to solve those problems," the Congressional Oversight Commission report read."
The trucking company got $700 million in taxpayer "assistance" and blew it. I'd rather my taxes go to people who need health care than corporate welfare. Yellow trucking company was on the brink of bankruptcy before Covid, it had a "junk" rating as an investment. Instead of paying back the loan, the Treasury took 30% of their shares, which are worth almost nothing. A congressional panel found they shouldn't have even qualified for the loan. But the government was handing out money and not examining who was getting it and why. Yet people like you are only concerned about the people who got health care via taxpayers? That's the line in the sand to socialism??
It is easy for people to go after the low-hanging fruit and the system is designed to keep your eyes focused there. Everyone in a first world country should have affordable (to them) health care, period.
"In June, a congressional probe found that the Treasury Department's disbursement of the loan was a mistake; the freight company — whose customers included the Department of Defense — did not actually meet the standards to qualify for the business loan because its survival was not "critical to maintaining national security."
"Before the COVID-19 pandemic, Yellow was a financially struggling company that had a long-term non-investment grade (i.e., junk) rating and previous close calls with bankruptcy over the years. The pandemic did not cause Yellow's longstanding problems, nor is the Treasury's loan to the company likely to solve those problems," the Congressional Oversight Commission report read."
Well, the Feds are in first position for payments when all the assets are sold so there will be some recovery there.
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