Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

China holds a lot of US debt. The Feds are buying up Debt.

[RagingBull3]

As I understand, this debt are at "premium" prices...ie bond prices so high that they virtually yield Zero.    Is the Feds transfering wealth to China??!!!

[firstworld]

We have all been transferring wealth to China and Mexico for 25 years why is anyone surprised? Just balme it on the Chinese and cartels LOL

[RagingBull3]

That's because Americans/Canadians unwilling to work.   Farmers are destroying crops probably because they can't get Mexicans to come and farm/harvast.... 

[firstworld]

That's why govt should not be providing welfare payments to any one.  If you can't survive a multi week or month downturn it's a marginal business or poor management and should fail. Lot people would be happy to work on farms if they had to earn, but they don't because always getting welfare.

[Oasisjunior]

That is a rather strong statement to make, I take it you have had time to review all these cases. Are you including new businesses as well? I don't know if you are living in your mothers basement rent free and not meeting your finacial obligations.  Welfare is there for a reason to assist in the time of need. Americans are needy at the moment are are self isolating. It is less expensive

[oilandgasmick]

Oasis- As you can see, a bunch of total nutcases have taken over the HSE board with conspiracy theories and other assorted garbage. Most of the sane posters have taken off because all you get now is these little boys posting from the bunkers with their GI Joe helmets. I agree with you that many people who are hard working and honest have been blasted  by this tsunami through no fault of

[RagingBull3]

Even during "normal" economic times there are life time welfare recipients who are capable of working, want to work, but our system makes them basically unhirable.   The government won't even hire them to pick up trash off the streets and parks.  They rather just pay them to sit at home.   Then you wonder why People and business are living on the edge....because of

[firstworld]

There have not been and French, English, German, Italian immigrants for 55 years LOL. The great part for HSE is that many of the roads are falling apart, gov't need union votes and will sink BNs into repaving with HSE product!