Posted on 05/24/2020 8:28:45 AM PDT by E. Pluribus Unum
For now. But Trump put the controlling regulation in place and that reg is like a time bomb. It carries the force of law and does not require Congress to amend. One day there will be another liberal in the White House. All he has to do is insert; ", automatically loading firearms," after "bump stocks" and we're F'ed.
The focus of the U.S. government's moves in both the 2008-09 and 2020 meltdowns hasn't been the bailout of the investor class at all. It's been a strategy to prop up the value of the U.S. dollar as a debt instrument all over the globe.
When the U.S. government guarantees a $300,000 mortgage that's in default -- either by paying $1,200 "stimulus checks" to the homeowners to pay the mortgage, or by having the Federal Reserve back the loan -- it's not bailing out the homeowner. It's not bailing out the bank that extended the loan, either. And it's not bailing out the financial institution that packaged that loan with a bunch of other ones and sold them as a mortgage-backed security to institutional investors. It's not even bailing out those institutional investors.
What the government is doing is ensuring that the original $300,000 created to finance the loan in the first place is still "worth" $300,000 in real terms.
Multiply this scenario tens of millions of times, and you get a pretty good idea about how our monetary system works.
I don't disagree with you, but that's a bigger problem that applies to almost every regulatory entry in the Federal Register. It's also what made almost every one of Barack Obama's executive orders perfectly "legal."
You should have still gotten one I would look into it.
In my mind that begs the question; why are they out of work?
Can you honestly tell the difference between fireman and arsonist at this point? I'm having trouble with that one myself.
Regardless of the President’s personal opinions on the Second Amendment, he’s putting in Supreme Court justices who see things clearly. One or two more appointments and we’ll be able to tear down a century of unconstitutional restrictions at the local, state, and Federal levels.
My state taxes everything including food. Thanks to the stimulus, i paid a couple of hundred dollars in taxes than I would otherwise have spent. And, I was able to acquire some very needed things to make my life more tolerable, like a freaking bed.
why are they out of work?
Through no fault of their own.
Let them get evicted and scrounge foodbanks, bc “the deficit“? But let’s keep throwing away trillions on Iraq and other forever wars, no problem!! ?
Sorry, I can’t go with that kind of selective “fiscal conservatism”
Then the STATE that robbed them should pay them back.
But this funny-money “stimulus” thing causes more harm than good.
Bump stock ban. Never said a word as Easter was cancelled for political purposes. He is great on trafficking.. but not 2A and not religious freedom. After weeks, he is suddenly all about religious freedom. Just in time for most states opening up anyway.
H1Bs galore and a continuous corporate welfare.
So tell me then, are you looking for just one more $1200 bite at the apple, or are you wanting ongoing monthly payments?
Re #70:
kiss my ass.
Oh, and welcome to FR Ms Behar.
Please don’t. Just don’t do it.
Oh good grief. Welcome schmelcome - this FReeper has been a member since 2004. Pathetic.
Hi.
Welcome to FR.
Understood. Hang in there.
Prayers and I wish you good fortune.
5.56mm
You are a spoiled child. Don’t get everything and you run off crying. Grow up!
Much less smaller government.
Trump is OUR guy...period....
We just got ours yesterday.
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