I would say this has as much chance in passing as a snowball in hell would have surviving. Consider this -kronkmusic wrote: Thu Mar 19, 2020 10:13 amIt's a decent plan. I like forcing them to provide board seats for worker representation, though I'd add in partial public and worker ownership. Why should tax payers give $10billion to a company and then not share in it's future profits?wooglin wrote: Thu Mar 19, 2020 10:05 am Warren's plan on bailouts:
https://markets.businessinsider.com/new ... 1029006340
- Companies must maintain payrolls and use federal funds to keep people working.
Businesses must provide $15 an hour minimum wage quickly but no later than a year from the end
Companies would be permanently banned from engaging in stock buybacks.
Companies would be barred from paying out dividends or executive bonuses while they receive federal funds and the ban would be in place for three years.
Businesses would have to provide at least one seat to workers on their board of directors, though it could be more depending on size of the rescue package.
Collective bargaining agreements must remain in place.
Corporate boards must get shareholder approval for all political spending.
CEOs must certify their companies are complying with the rules and face criminal penalties for violating them
https://www.commondreams.org/news/2020/ ... -leave-allHere Are the 51 Republican Senators Who Just Voted Against Expanding Paid Sick Leave to All Workers
Republican senators on Wednesday teamed up to kill an amendment introduced by Democratic Sen. Patty Murray that would have expanded paid sick leave to millions of U.S. workers left out of a bipartisan coronavirus relief package.
Every Republican present for the vote, 51 in total, voted against the amendment while every Senate Democrat voted in favor.
Sens. Cory Gardner (R-Colo.) and Rick Scott (R-Fla.) were the only senators who did not vote on the amendment, which would have guaranteed two weeks of paid sick leave as well as 12 weeks of paid family and medical leave to all U.S. employees and independent contractors.
"[Fifty one] Republican senators just voted against an amendment... that would have expanded paid leave to millions of Americans left out of the package," tweeted progressive advocacy group Indivisible. "Let that sink in."
"If one of these Republicans (or two!) is your senator," the group added, "call their office right now and tell them you saw their vote and you won't forget that they voted against the Murray amendment to expand paid sick leave to millions of Americans: 1-855-980-2355."
The full coronavirus relief package, formally known as the Families First Coronavirus Response Act, easily passed the Senate Wednesday afternoon by a vote of 90-8, and President Donald Trump subsequently signed the measure into law.
While calling it an urgently needed first step, progressives criticized the legislation as woefully inadequate given that it only provides paid sick leave to about 20% of the U.S. private sector workforce while excluding workers at companies with more than 500 employees.
In a speech on the Senate floor ahead of Wednesday's vote, Murray pitched her amendment as a "commonsense step" that would be good for both workers and small businesses. The amendment was a modified version of the PAID Leave Act, which Murray introduced Tuesday alongside Sen. Kirsten Gillibrand (D-N.Y.) and Rep. Rosa DeLauro (D-Conn.).
"It's the right thing to do for our economy and for public health—and we should get it done as soon as possible," Murray said. "If we don't do this, if we let this opportunity slip by, we are sending a message to scared people across the country that we still are not willing to acknowledge the scope of the tragedy we are seeing unfold."