Pelosi and Schumer Block $1.6 Trillion Emergency Economic Bill

Over the past three days a bipartisan group of senators, not leadership, constructed a $1.6 Trillion emergency aid package to rescue the U.S. economy and American workers. The package had the support of Mitch McConnell. However, at the last minute House Speaker Nancy Pelosi, having returned from her House recess vacation sipping cocktails poolside, instructed Senate Minority Leader Chuck Schumer to crush the senate effort. Secondly, Speaker Pelosi wants unilateral control over which companies will receive any financial assistance or loans to survive the crisis.

Power hungry Pelosi sees an opportunity to use the looming economic crisis as leverage for selecting winners & losers amid the K-Street lobbying community. Donors for Democrats will be rewarded; supporters of Republicans, not-so-much. This is DC at it’s worst and Pelosi isn’t going to lose another opportunity. It’s the same process she used in ’08/’09. ...

There are two main points Pelosi is targeting. First, because COVID-19 creates a MASSIVE SPENDING opportunity, Speaker Nancy Pelosi wants to include the elimination of college debt, literally wipe out student loans – which ironically and intentionally were created under Obamacare, in the coronavirus bill.

... Secondly, Speaker Pelosi wants unilateral control over which companies will receive any financial assistance or loans to survive the crisis.

The point is, you can give 1K to people but if the companies they work for shrink dramatically they will not have an income. This “bailout” is supposedly so the companies can make payroll (it’s either they make payroll or they start cutting). It’s hard to blame companies when the government bans all of your customers from using and/or buying your products and services. They have been mandated to shut their company down. Not exactly something they could realistically plan for (unless Bernie were elected).

And how is it the FedGov's role to be dropping checks from helicopters? FedGov can pass stimulus by lowering/removing Federal taxes. Cut spending all over to compensate. Meanwhile, let the entities that forced businesses to close pay for that. It's just a subset of eminent domain, so let the States/Cities responsible for the shutdowns provide the compensation.

Quarantines are supposed to be for sick/contagious people to be isolated, that's why most laws regarding quarantines involve court orders and/or written notice to the entities involved. Those laws are NOT intended to simply shut society down the second the idiots in charge wet their pants.

In November - or leading up to November (provided the elections go on as projected)....

We all will have to dig deep - but we MUST take back the House and increase our majority in the Senate and, of course, re-elect President Trump.

My guess is that his administration knows that frozen cash flow is a huge problem. Many, many people cannot work remotely: Sushi chefs, waiters, construction workers...(and the list is long).

So, I actually think he did the right thing: try for the best, and let the truly evil reveal themselves for what they really are. There’s absolutely no point in cowering in the corner being fearful of what the other party _might_ do! (That isn’t exactly President Trump’s style, is it?) No, make them vote against good bills, and let the American people judge.

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