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Nzoner's Game Room>***NON-POLITICAL COVID-19 Discussion Thread***
JakeF 10:28 PM 02-26-2020
A couple of reminders...

Originally Posted by Bwana:
Once again, don't come in this thread with some kind of political agenda, or you will be shown the door. If you want to go that route, there is a thread about this in DC.
Originally Posted by Dartgod:
People, there is a lot of good information in this thread, let's try to keep the petty bickering to a minimum.

We all have varying opinions about the impact of this, the numbers, etc. We will all never agree with each other. But we can all keep it civil.

Thanks!

Click here for the original OP:

Spoiler!

[Reply]
suzzer99 06:50 PM 03-16-2020
Originally Posted by displacedinMN:
Sorry. Very political. But give it a rest people. More things to worry about.

U.S. Airlines Spent 96% of Free Cash Flow on Buybacks

Originally Posted by :
The biggest U.S. airlines spent 96% of free cash flow last decade on buying back their own shares. American Airlines Group Inc. -- which is not shown in the chart but is included in overall figures -- led the pack, with negative cumulative free cash flow during the decade while it repurchased more than $12.5 billion of its shares. United Airlines Holdings Inc. used 80% of its free cash flow on buybacks, while the S&P 500 Index as a whole allocated about 50% for the purpose. As the industry reels under the weight of the coronavirus outbreak corporate leaders are seeking federal assistance to ease the burden.
The executives just paid it to themselves. Because they know they'll get bailed out in any downturn. It's a huge moral hazard.
[Reply]
suzzer99 06:53 PM 03-16-2020
Originally Posted by BigRedChief:
wont paper towels clog up the pipes?
You don't have to flush. Just get a covered waste basket with a foot pedal. Then fold it over before you throw it in. Trust me, I know it sounds disgusting but it will work in a pinch. (hah!)
[Reply]
Discuss Thrower 06:54 PM 03-16-2020
Originally Posted by suzzer99:
https://www.bloomberg.com/news/artic...buybacks-chart



Because they know they'll get bailed out in any downturn. It's a huge moral hazard.
Stock buybacks are the equivalent to paying dividends.
[Reply]
sedated 06:55 PM 03-16-2020
Looks like it happened, KC metro bars/restaurants/clubs/theaters closed until April 1.
[Reply]
suzzer99 06:55 PM 03-16-2020
Originally Posted by Discuss Thrower:
Stock buybacks are the equivalent to paying dividends.
Yeah and if you're an exec you basically just gave yourself a gigantic bonus instead of reinvesting or saving money for a rainy day.

Hell I know I was all in stocks until a few weeks ago - riding that buyback train.
[Reply]
suzzer99 06:56 PM 03-16-2020
Originally Posted by sedated:
Looks like it happened, KC metro bars/restaurants/clubs/theaters closed until April 1.
No one has any idea when things will actually reopen.
[Reply]
DaneMcCloud 06:57 PM 03-16-2020
Originally Posted by Megatron96:
Depends.
There is no way that paper towels will flush in California due to 1.2 gallons per flush toilets.

It's difficult enough to flush regular toilet paper. A paper towel would likely require the main line to be snaked.
[Reply]
Donger 06:58 PM 03-16-2020
Originally Posted by Hammock Parties:
sorry for passing along info

i know you jump at the chance to ride your high horse
Pointing put that you're being a dick is just that.
[Reply]
DaneMcCloud 06:58 PM 03-16-2020
Originally Posted by suzzer99:
You don't have to flush. Just get a covered waste basket with a foot pedal. Then fold it over before you throw it in. Trust me, I know it sounds disgusting but it will work in a pinch. (hah!)
Or a diaper pail. Problem solved.
[Reply]
eDave 06:59 PM 03-16-2020
Has there been a run on diapers?
[Reply]
Discuss Thrower 06:59 PM 03-16-2020
just shit in the shower and waffle stomp lmao
[Reply]
Megatron96 07:00 PM 03-16-2020
Originally Posted by DaneMcCloud:
There is no way that paper towels will flush in California due to 1.2 gallons per flush toilets.

It's difficult enough to flush regular toilet paper. A paper towel would likely require the main line to be snaked.
I don't live in CA so that helps I guess. It works here in AZ, worked in KS when I lived there as well as MO.
[Reply]
eDave 07:01 PM 03-16-2020
Originally Posted by Discuss Thrower:
just shit in the shower and waffle stomp lmao
Did you actually think you would be the first one to post this?
[Reply]
Discuss Thrower 07:04 PM 03-16-2020
Originally Posted by eDave:
Did you actually think you would be the first one to post this?
It's a megathread. You can assume at least one other person has posted your exact take somewhere in the last 40 pages. it's at least a coinflip's chance anything you post is actually original so shoot your shot.
[Reply]
notorious 07:05 PM 03-16-2020
Originally Posted by BigRedChief:
I’d rather die in a breakdown of society riot than live in the middle of nowhere.:-)
It's been a hell of a ride, BRC! :-)


(You'd be welcomed with open arms at our place)
[Reply]
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