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1 posted on 03/27/2020 9:16:51 PM PDT by ransomnote
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To: ransomnote
 

On Friday, March 27, 2020, the President signed into law:

H.R. 748, the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act,” which provides emergency assistance and health care response for individuals, families and businesses affected by the COVID-19 pandemic, and provide emergency appropriations to support Executive Branch agency operations during the COVID-19 pandemic.

2 posted on 03/27/2020 9:17:27 PM PDT by ransomnote (IN GOD WE TRUST)
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To: ransomnote

Imagine if you would, running for re-election as President, and getting the Congress to give you the biggest economic stimulus in human history, and the Fed giving you Zero percent interest rates.

President Trump just pulled that off.

By November, the economy will be roaring like a raging bull on steroids, and border wall will be going up like the race to build the trans-continental railroad.

So much winning.


3 posted on 03/27/2020 9:24:11 PM PDT by BeauBo
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To: ransomnote
I know people are upset about the non-related s--t in the bill that has nothing to do with fighting Coronavirus or helping workers.

If you're going to blame somebody, blame Paul Ryan for losing the House and we know since the Dems hold the House we need to negotiate and get the best out of the deal.

4 posted on 03/27/2020 9:24:23 PM PDT by Extremely Extreme Extremist
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To: ransomnote
But but, he don't know Constitution! He's just a tv personality!

Like a Boss!

5 posted on 03/27/2020 9:30:27 PM PDT by Dogbert41 (Jerusalem is the city of the Great King!!!)
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To: ransomnote
SEC. 4009. TEMPORARY GOVERNMENT IN THE SUNSHINE ACT RELIEF. (a) IN GENERAL.—Except as provided in subsection 8 (b), notwithstanding any other provision of law, if the Chairman of the Board of Governors of the Federal Reserve System determines, in writing, that unusual and exigent circumstances exist, the Board may conduct meetings without regard to the requirements of section 552b of title 5, United States Code, during the period beginning on the date of enactment of this Act and ending on the earlier of— (1) the date on which the national emergency concerning the novel coronavirus disease (COVID–19) outbreak declared by the President on March 13, 2020 under the National Emergencies Act (50 20 U.S.C. 1601 et seq.) terminates; or (2) December 31, 2020.

Interesting provision here - the Federal Reserve can, if it chooses, avoid the legal requirement to publish its minutes until the National Emergency is over. Basically they can print, spend money, and bailout literally anything, and not have to say a word.

6 posted on 03/27/2020 9:47:48 PM PDT by PGR88
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To: ransomnote

Lets see if I have this correct...

2 trillion bucks is earmarked to
Help keep large businesses afloat
Help for small businesses to make payroll(s).
Help for staes to boost the unemployment funds.

WHO needs the ‘bonus’ checks as presented?

Schools are feeding the ‘children’
Those that HAVE to work are getting some free child care.
Those that HAVE to work are receiving pay checks.
Small businesses are given payroll money.
PDJT (was going to??) says Corps can’t buy their own stocks BUT are they able to take the ‘new money’ and give themselves bonuses?

Definitely reeks of creative bookkeeping....


9 posted on 03/27/2020 10:14:18 PM PDT by xrmusn (6/98"HRC is the Grandmother that lures Hansel & Gretel to the pot")
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