d in foreign teams dont go anywhere americas war starts right now. Many of the companies lining up d for a handout from the federal government are victims of coronavirus at all its their own fault its poor judgment joining me to talk about that is fair and cousins were going to have a discussion about this people always call and say pap you know let the guest answer the question its a discussion for those who are watching ok so so hear this this this discussion really need to center around the idea that you have corporations that knew better held back no cash held back had no plan for the future and instead took all of their money everything they got in tax benefits everything they got from the government in the stock buybacks take it from there right you know we spent the last couple decades giving corporations these massive tax. Theyve been making money hand over fist the big big banks have pulled in more money than ever airlines are doing great but instead of putting that money asid
Designed to do the stock market was invented so that corporations could get money could get this capital through an initial Public Offering and allow the risk of the company to be taken on by average people out there the corporation didnt risk losing money well they broke that rule it rages me Delta Airlines Delta Airlines they had one month one month setback for this kind of a problem theyre raking in more money than they can spend their credit line you know they havent really called on their credit the credit line is not supposed to be used for this kind of a rainy day problem the credit line is is used for things like expanding business those types of things but instead what they did as you said the the money that they have there have been great years and they were just greed piggish buying back stock trying to prop up their company make a look bigger than it actually was so. Oh now we really see what what are the Smart Companies take you take microsoft you take any of the Tech Comp
Artificially inflate their worth by buying back their own stocks which puts more money into their pockets and it ties their money up in the stock so they cant spend it on other things they cant spend it on you know expanding they cant spend it all worker raises its all tied up in this you know artificial stock that theyve created so when the market tanks they lose all their money they lose all their value and thats the exact opposite of what the stock market was actually designed to do the stock market was invented so that corporations could get money could get this capital through an initial Public Offering and allow the risk of the company to be taken on by average people out there the corporation didnt risk losing money well they broke that rule it rages me Delta Airlines Delta Airlines they had one month. One month. For this kind of a problem theyre raking in more money than they can spend their credit line you know they havent really called on their credit the credit line is not s
To see if they have a deadly respiratory virus called the carona virus and it is spreading during the celebration of the chinese new year. This is one of the three where screening will begin, thom jensen. Reporter thats right, the only two u. S. Airports with direct flight from wuhan, china where this virus is linked with the virus. It is now spread into thailand and china. Chinese people are concerned a little bit it is a new disease. Reporter a center for Disease Control officials telling reporters today shes concerned too and it is plausible there will be at least one case in the u. S. Due to the amount of travel from wuhan, china. The first 150 sfo passengers will be screened saturday afternoon when the next flight from wuhan is set to arrive before 1 00. When the flight arrives either connecting or nonstop passengers will be diverted into a separate area. Reporter another 10 or 25 passengers on connected flights will be tested, worrying some could be delays and getting through cus
This never before seen virus has already killed at least two people. Nbc bay areas jean elle is at sfo where Health Screenings begin tomorrow. Reporter thats right, raj and jessica. The concern tonight is this virus can spread from person to person, so the cdc is coming here to sfo tomorrow to begin screening passengers arriving from wuhan, china, where this virus originated. Travelers from china arriving at sfo tonight. With the Chinese New Year approaching, its a popular time to visit loved ones. Fever and cold or flu symptoms. At sfo, Health Screenings begin saturday when the first direct flight from wuhan arrives. In the pligflight arrives, er connecting or nonstop passengers from wuhan would be diversitied to a separate area inside the customs facility where they would go through this interview and screening process. Reporter 45 cases of the virus have been reported with two deaths. This is a virus that affects the lungs, so it sounds a little bit like influenza. Fever, chills, ac