Member Comments (15)
April 4, 2020 at 10:10 am
When I heard that at a WH briefing it was being said that the Federal surplus is OUR surplus, like for the Federal Government ONLY, and that the States should have their own surplus medical supplies, I almost lost it.
If they play that game, then the US TREASURY is OUR bank, OUR money, not theirs to use as they want. That money belongs to the American taxpayer NOT the Federal Government.
@Mark House: Hopefully November. He's a brat alright, and I do believe that Stormy Daniels had the opportunity to spank him with a Time magazine if memory serves.
March 31, 2020 at 10:35 pm
Why are people still having visitations at funeral homes?
March 31, 2020 at 9:03 pm
When are the adults in the room going to put Trump in time-out? For crying out loud people, he's not a nuclear bomb, he's a brat that needs to be shut down before he gets us all killed.
March 31, 2020 at 10:03 am
@Linda Ward: President Trump wants people to remember that when they get their handout, that he was the guy who turned them to socialism in their time of need.
March 31, 2020 at 10:01 am
@TonyB: You of course are correct. I hear a lot of people saying that pointing that kind of thing out is political. I say that remembering the past is a good way not to repeat it, especially if it is bad history.
March 30, 2020 at 9:08 pm
Normally, a civil servant signs federal checks, like the direct payments Americans are set to receive. According to a Wall Street Journal report, Trump has told people that he wants his signature to appear on the stimulus checks."
This is NOT HIS MONEY or HIS PERSONAL BANK ACCOUNT, but he sure as hell is working to make himself the CFO of America.
Reminds me of the President of Turkmenistan who controlled all of the monies going in and coming out of that country's national bank account, to include the natural gas revenues as his own. He lived in a pink palace outside of Ashgabat, the capital, and everyone had to clear the streets when he came to the capital city.
March 30, 2020 at 9:03 pm
The giveaways in the bill:
While Senate Democrats were able to add worker-friendly provisions, the bill still required bipartisan support to pass the chamber and some corporate giveaways remained in the final version.
NYT: “Senate Republicans inserted an easy-to-overlook provision on page 203 of the 880-page bill that would permit wealthy investors to use losses generated by real estate to minimize their taxes on profits from things like investments in the stock market. The estimated cost of the change over 10 years is $170 billion.”
NYT: “...if a company owns multiple hotels, even if the overall hotel or restaurant chain has more than 500 employees — the limit to qualify for treatment as a small business — it will still be able to take advantage of the small-business benefits offered in the rescue package. ...The provision could benefit the Trump Organization, which operates a relatively small chain, with six hotels in the United States in cities including New York, Washington and Chicago.”
“A provision for the FDA to approve ‘innovative’ sunscreens—which would benefit L’Oreal, which has operations in Kentucky—appeared in the bill, which was steered in the Senate by Majority Leader Mitch McConnell of Kentucky.”
“The $25 billion allocated in loans and loan guarantees for the airlines will also benefit eligible businesses "approved to perform inspection, repair, replace, or overhaul services, and ticket agents.” The last two words — ‘ticket agents’ — mean that travel agents who book flights will also be able to apply for a piece of the $25 billion.”
“The credit reporting industry got a win by defeating a total ban on negative credit reports during the crisis. Instead, a watered down version made it into the final bill: Consumers wouldn't get a negative credit report if they have an agreement with a lender to delay payments or make partial payments.”
Trump’s signing statement
While signing the latest coronavirus relief bill, the president also issued a signing statement undercutting the congressional oversight provision creating an inspector general to track how the administration distributes the $500 billion “slush fund” money.
The newly-created inspector general is legally required to audit loans and investments made through the fund and report to Congress his/her findings, including any refusal by the executive office to cooperate. In his signing statement, Trump wrote that his understanding of constitutional powers allows him to gag the special IG:
"I do not understand, and my Administration will not treat, this provision as permitting the [inspector general] to issue reports to the Congress without the presidential supervision required" by Article II of the Constitution.
The signing statement further suggests that Trump does not have to comply with a provision requiring that agencies consult with Congress before it spends or reallocates certain funds: "These provisions are impermissible forms of congressional aggrandizement with respect to the execution of the laws," the statement reads.
While some have said that Congress fell short in this instance, one Democratic Senate aide told Politico that Congress built in multiple layers of oversight, including “a review of other inspectors general and a congressional review committee charged with overseeing Treasury and the Federal Reserve's efforts to implement the law.”
March 30, 2020 at 4:58 pm
Unfortunately, it's only a matter of time Truepat. And to think our people at the top knew about CV-19 back in December 2019, turned down WHO tests that were verified to work, and went with faulty CDC tests.
March 30, 2020 at 7:09 am
I look at the stimulus as an attempt to delay the violence that will come once people go for a period of time without money, food or gas for transportation. The makings of a bad B movie is very possible and there is a rise in violence related to the virus in some parts of the country already.
March 28, 2020 at 9:58 pm
I can't really argue against your point Silii.
March 28, 2020 at 6:32 pm
The principles of 'socialism' have existed for decades in the US. They are particularly pronounced under Trump who has been dolling out taxpayers money to farmers, especially big farmers. He has spread our tax dollars to corporations at his whim and fancy. He is redirecting the wealth through the faulty tax reform law. So, you folks who claim you'll never vote for a socialist, I suggest you put your money where your mouth is and never, ever vote for Trump, more the true fascist than socialist, but definitely both.
March 28, 2020 at 4:32 pm
I heard a great joke the other day. It goes like this: Question: How do you get a Trump supporter to support socialism?
Answer: You send them a check for 1200 dollars.
And I agree Linda, this is gunna be tough. I support as many mom and pop joints as I can, and order from local restaurants as often as I can. I'm not filthy rich, so I have to watch my money.
March 28, 2020 at 1:02 pm
This is so much worse then the 2008 Great Recession, something had to be done, but just how long will it sustain us. I still remember my Grandparents and Parents stories from the Great Depression. It was tough living and hard times for many.
March 27, 2020 at 8:57 pm
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