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COVID Carte Blanche: Political Opposition To Trillion-Dollar Stimulus Crumbles In Pandemic

"Certainly the rapidity of the collapse in markets and the unfolding economic slump has accelerated the policy response".

"Certainly the rapidity of the collapse in markets and the unfolding economic slump has accelerated the policy response".
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4 comments on “COVID Carte Blanche: Political Opposition To Trillion-Dollar Stimulus Crumbles In Pandemic

  1. derek says:

    Is it true that the Great Confederate Patriot and the Pride of South Carolina fighting against this “send them all a check” nonsense?

  2. fxw says:

    Every government in the world got onto the Titanic of modern central bank policy for a luxury voyage and invited their people to join in the revelry. The ship hit a virus. Life boats are being deployed and life jackets are being distributed but there aren’t enough to go around. Hopefully the survivors will think twice about doing this again, but I’m regretfully expecting a V-shaped “recovery”. I mean, what higher value is there in life than chasing money for no other purpose than having more of it than your neighbor?

  3. derek says:

    None whatsoever.

  4. Dana says:

    The airline industry is asking for $50 billion.
    The private space industry is asking for $5 billion.
    The hotel industry wants $150 billion.
    The National Association of Manufacturers wants $1.4 trillion.
    The International Council of Shopping Centers wants a guarantee of up to $1 trillion.
    Adidas is trying to sneak in a provision allowing people to use pretax money to pay for gym memberships and fitness equipment as gyms and retail stores are closed nationwide.
    Corporate pork producers are using the coronavirus to push Congress to expedite guest worker visas at a time when international travel and immigration is shut down.
    Coverup General Barr is trying sneak in a provision for the DOJ to have the ability to ask chief judges to detain people indefinitely without trial during emergencies.
    The Treasury Department writes a blank check to bail out airlines, cruise ships, hotels, and many other industries, while providing next to nothing to help the homeless or the most vulnerable people in this country.
    Trump writes a letter to Kim Jong-un offering help to North Korea while telling the governors of the United States, “we’re not a shipping clerk.”

    All I want, or need, is to see Steve Mnuchin walking down the street completely naked, wearing nothing but a beer barrel held up with suspenders.

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