MAJOR BAIL-OUT – President Trump to bail-out Oil Industries with Federal AID

Federal Aid = Your Tax Money

As stock market plummets.

www.texastribune.org/2020/03/10/white-house-likely-pursue-federal-aid-shale-companies/

“One of the companies hardest hit was Continental Resources, founded by Harold Hamm, a Trump supporter and an adviser to the president on energy issues. He said that the administration should consider using illegal dumping laws to prevent Russia and Saudi Arabia from slashing prices of oil sold in the United States.”

READ  How China won Trump’s trade war and got Americans to foot the bill

There goes your socialism for the corporations. What happened to not allow the government interfere with the “Free Market” and that Capitalism is good?

Let these fuckers fail. President Trump, please do not give them any money!!

“President Trump on Monday sought to play down the plunging price of oil as markets tanked, saying that lower gas prices were good for consumers.

“Good for the consumer, gasoline prices coming down!” Trump wrote in one of a series of posts on Twitter. He also said, “Saudi Arabia and Russia are arguing over the price and flow of oil. That, and the Fake News, is the reason for the market drop!”

READ  JOSH HAMMER: Trump’s Parting Shot To China Should Be Full U.S. Recognition of Taiwan.

www.cnbc.com/2020/03/10/trump-expected-to-seek-aid-for-shale-companies-hit-by-oil-rout.html

Why should the government help??

I thought a “Free Market” was good for Capitalism? Where’s the capitalism now?

oklahoman.com/article/5657221/feds-may-offer-aid-to-shale-companies

 

AC

21 views