Clubs Still Flying List

On Thursday, April 2, 2020 at 9:24:20 AM UTC-4, wrote:
On Thursday, April 2, 2020 at 9:03:09 AM UTC-4, wrote:
If these things had value they wouldn't need public money.

Well, on that rationale I guess these institutions don't have much value either, like Wells Fargo, Citi, JPMorgan, (they or their subsidiary are in to the red to the Treasury). Not to mention everyone on the list that took loans, that is also "public money".

https://projects.propublica.org/bailout/list

Those examples don't just lack value, they are a pox on the country.

I guess your portfolio didn't include any of the auto, financial, transportation etc. sectors in the last bailout and now doesn't include any benefactors of the $500 billion going to large corporations in the latest bash up. The point is we already live in a socialist society, that is acting with a very heavy hand to mostly protect the financial interests of the collective. When we're all ready to just roll the dice and forego that and all of the protections the big bad government supplies with the now regular bailouts, we can pick and choose the value of every institution based on a single person's value judgements, and get rid of the relative pittance allowed to the Kennedy Center.