Putin’s generous socio-economic support package aimed at preventing economic suffering Coronavirus lockdowns causing elsewhere:
“1. Nationwide paid leave starting week commencing March 28
2. The vote on constitutional changes has been postponed from April 22 until further notice
3. All social benefits are to be extended automatically, no documentation required
4. All families that qualify for maternity benefits are to get an additional 5,000 rubles (ca. $63) monthly for each child under 3 for the next three months starting from April, 2020.
5. All employees on sick leave will not have their pay reduced below the minimum wage – this provision will last through 2020
6. The new maximum unemployment benefit pay will be set at 12,130 rubles (ca. $154)
7. All private loans and mortgage payments are to be frozen for borrowers who provide evidence of a more than 30% decline in the ability to repay (failure of business, salary-related issues, etc.)
8. Concerning businesses suffering through the COVID-19 outbreak, the new measures are as follows:
* Small and midsize businesses: tax payments – aside from value added tax – are to be postponed for six months.
* Microbusinesses: an additional postponing of insurance payments for six months.
9. A six-month delay in loan payments for all small and midsize businesses
10. Additional measures for strengthening small businesses are to be introduced
11. A six month moratorium on bankruptcy claims for businesses operating in areas hardest hit by the outbreak
12. Dividend tax rate is to indefinitely be increased to 15 percent in case of money taken out of the country
13. Returns on each personal investment, including bank deposits and stocks exceeding the total sum of 1 million rubles (ca. $12,600), are to indefinitely be taxed 13 percent”
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It only stands to reason that if you put everyone on pause, their lives and business interests, then you had better make it clear to the lenders they are paused as well. I was thinking public hangings would be appropo for any vulture capitalists who try and swoop in and take advantage of any small business’s in extremis situation.
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I would support that move although I’m partial to a guillotine myself.
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Oui! Guillotines are better than good!
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boomrx, best not stick your neck out!
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As I understand it, Sha’Tara, the guillotine was invented as a more humane for of execution – surely better than someone trying to hack your head off with an axe.
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The sad part of the guillotine story is that during the reign of terror it did not manage to get the core of the elitist riff-raff and within a few years the country was an empire, a kingdom and a pretend republic. My point I guess is that logically we can’t rid ourselves of our psychopathic leaders/rulers by killing them. We could by changing our own nature; by becoming compassionate and empathic thus choking off all capitalist regimes. It won’t happen but it’s fun to speculate on what this world would look like if people did change.
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Indeed, boomrx. I would recommend the same sanction for the supermarkets here in New Zealand who our gouging us on the price of fresh produce and meat now that all the green grocers and butchers have been forced to close.
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by contrast the US throws trillions to the banks and corporations and relative crumbs to the rest of us. we should all be as angry as jimmy dore:
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OMG!!!
Thank god we’re not in RUSSIA and that we live in a country where democratic Wall Street can protect their investments.
The next thing the U.S. citizen must do is praise and appreciate their crumbs that they have been graciously provided by our beloved leader!
OTHERWISE you would NOT have a FREE democratic life but live under the evil rule of SOCIALISM!
Now ….. wash your hands, put on your mask and GET BACK TO WORK!
And the Congress will take a three week break because they are exhausted!
Now where did Tubularsock put those matches?
Time to burn it down!
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you said it!
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RIGHT ON!
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Great son, nomad.
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Just tell me when and where, Tube.
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