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littlefish

03/25/20 4:13 PM

#70117 RE: Knowledge is King #70104

Like I said, slush fund... Just look at Boeing asking for money. They had $10 billion in cash/short terms and drew down $14 billion more. The $14 billion doesn’t have to be paid back for 2 years. Thing is, about $14 billion on balance sheet is increased inventory from planes they can deliver when MAX gets back up flying.

Basically, they have tons of liquidity and are asking for taxpayer help. And the feds love it... Trump will be thrilled to have control over tons of taxpayer dollars to dole out how he wants where he wants.

All IMO only.