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The Trillion-Dollar Bailout May Change Our Politics Forever
Townhall.com ^ | March 21, 2020 | Neil Patel

Posted on 03/21/2020 7:25:06 AM PDT by Kaslin

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To: Fury

No different than the freepers who suggest anyone who dies of this ‘had it coming’ because they were overweight or had had childhood asthma.


21 posted on 03/21/2020 8:45:08 AM PDT by Black Agnes
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To: Jim Noble
I agree but much of the problem is these people with the debts also have zero money set aside and, many, now no or greatly reduced income.

It's not just who you think of as the poor either. My husband volunteers doing financial coaching at his church. It's not uncommon for these people to have less than a $1000 in the bank and 100k in debt, just credit card debt.

22 posted on 03/21/2020 8:46:33 AM PDT by riri
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To: dfwgator

Maybe for a little while, but people like to go out and get different types of food.

My wife and I are suckers for Italian Food, no matter how hard we try we can’t make it like a good Italian Restaurant.....


23 posted on 03/21/2020 8:48:17 AM PDT by srmanuel
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To: Black Agnes
No different than the freepers who suggest anyone who dies of this ‘had it coming’ because they were overweight or had had childhood asthma.

That's also very bad.

24 posted on 03/21/2020 8:49:32 AM PDT by Fury
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To: srmanuel

Why can’t we rename this the “CHINESE VIRUS RECOVERY FUND”.

Those who Profit or Price Gouge are exempt from help, those young things partying on beaches etc are exempt. The Insider Traders have to give every cent they earned to the fund. The 4 congress critters forfeit half their salary for the year to the fund, the 3 elected ones get busted to Freshman status, Security clearance pulled. The 1 GOP female has been on the job 3 months is a Governor APPOINTEE who can recall her. Appoint someone better.

College loans deferred until a later date, Those who don’t go back still have to pay the loan up to the time the college shut down and offered no online courses. School closed left you hanging, refunds what is left of semester.

NO MORE CHINESE DRUGS. I’m tired of the crappy reactions and risk of cancer.

Bring all our Manufacturing and Pharmaceuticals back under US regulations, with some changes at FDA to make them safer. Remove all TV, & magazine ads. Remove the constant commercials running in doctor’s offices along with germ ridden magazines.

Midwife programs for rural areas. Want lower student loan debts, serve 5 yrs in rural areas NO D grade docs. Bring back In house testing for hospitals.


25 posted on 03/21/2020 8:50:47 AM PDT by GailA (Intractable Pain, a Subset of Chronic pain Last a Life TIME at Level 10.)
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To: srmanuel

Why can’t we rename this the “CHINESE VIRUS RECOVERY FUND”.

Those who Profit or Price Gouge are exempt from help, those young things partying on beaches etc are exempt. The Insider Traders have to give every cent they earned to the fund. The 4 congress critters forfeit half their salary for the year to the fund, the 3 elected ones get busted to Freshman status, Security clearance pulled. The 1 GOP female has been on the job 3 months is a Governor APPOINTEE who can recall her. Appoint someone better.

College loans deferred until a later date, Those who don’t go back still have to pay the loan up to the time the college shut down and offered no online courses. School closed left you hanging, refunds what is left of semester.

NO MORE CHINESE DRUGS. I’m tired of the crappy reactions and risk of cancer.

Bring all our Manufacturing and Pharmaceuticals back under US regulations, with some changes at FDA to make them safer. Remove all TV, & magazine ads. Remove the constant commercials running in doctor’s offices along with germ ridden magazines.

Midwife programs for rural areas. Want lower student loan debts, serve 5 yrs in rural areas NO D grade docs. Bring back In house testing for hospitals.


26 posted on 03/21/2020 8:52:25 AM PDT by GailA (Intractable Pain, a Subset of Chronic pain Last a Life TIME at Level 10.)
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To: tinyowl

Well Kusdlow says it’s closer to 2 Trillion or more so I guess it will change things for two forevers.


Plus a $700 trillion QE and $1 trillion Fed “vehicle.” So we’re knocking on the door of $4 trillion after one week of Kung Flu Panic. Not counting stock market and business losses of course.


27 posted on 03/21/2020 8:53:05 AM PDT by lodi90
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To: Kaslin

If Obama was in charge our freedoms would be lost forever. “Never let a crisis go to waste “ would turn America into a third world dung heap.


28 posted on 03/21/2020 8:55:17 AM PDT by Spok
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To: I want the USA back

In Britain the government is paying 80% of wages! Will it happen here? It’s close to that. Under sanders it would have happened.


It’s going to happen here. When 25%-30% unemployment is reported the people will demand it. We hit 25% unemployment in the Great Depress. It’s easy to see a service industry heavy economy of today getting worse than that.


29 posted on 03/21/2020 8:55:22 AM PDT by lodi90
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To: Buckeye McFrog

At least the money was paid back by the banks over time. The flaw in that were the failed banks that had to be covered or whose assets were sold for way below market value to other banks.


30 posted on 03/21/2020 8:55:32 AM PDT by georgiarat (The most expensive thing in the world is a cheap Army and Navy. - Carl Vinson)
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To: Buckeye McFrog

At least the money was paid back by the banks over time. The flaw in that were the failed banks that had to be covered or whose assets were sold for way below market value to other banks.


31 posted on 03/21/2020 8:56:04 AM PDT by georgiarat (The most expensive thing in the world is a cheap Army and Navy. - Carl Vinson)
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To: riri

I agree but much of the problem is these people with the debts also have zero money set aside and, many, now no or greatly reduced income.

It’s not just who you think of as the poor either. My husband volunteers doing financial coaching at his church. It’s not uncommon for these people to have less than a $1000 in the bank and 100k in debt, just credit card debt.


So what is the solution?

Look to the government for help or make some tough decisions?


32 posted on 03/21/2020 8:57:25 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple

“When exactly did Rome end?”

Which one?

L


33 posted on 03/21/2020 9:00:03 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: PeterPrinciple
Right here, right now-we are seeing the folly of our poor decisions as a society.

Suddenly being a single mom aint so cool, or having a disjointed family, or eating yourself into a diabetic coma, or relying so heavily on medications or having the 4500 sq ft house and BMW but you can't miss a paycheck.

That said, a lot of these people will start running out of food and soon. I mean, seriously, many of our schools are still making lunch bags for these people to go and pick up to to feed their kids.

34 posted on 03/21/2020 9:07:47 AM PDT by riri
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To: Spok

Well that what his plan was, and if he had been allowed to run for another 4 year term, he would have succeeded.


35 posted on 03/21/2020 9:13:21 AM PDT by Kaslin
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To: Erik Latranyi

Exactly


36 posted on 03/21/2020 9:14:36 AM PDT by Kaslin
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To: lodi90

I remember back in 9/11/2001 days when we’d joke about Helicopter Ben. That was a little helicopter.


37 posted on 03/21/2020 9:17:14 AM PDT by tinyowl
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To: tinyowl

The Kung Flu Panic is easily going to cost $10 trillion. Add in bailouts of bankrupt blue states and you are looking at many more trillions cost. Hard to see the economy recovering under the weight of those bills.


38 posted on 03/21/2020 9:21:04 AM PDT by lodi90
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To: PeterPrinciple
Speaking of Rome...

Bureaucracy Kills: A Lesson From Rome

Who needs WuFlu.

39 posted on 03/21/2020 9:23:47 AM PDT by mewzilla (Break out the mustard seeds.)
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To: mewzilla

The Fall of Rome cannot be identified with any single battle or revolution. It was a slow proc­ess, extending to all fields of life, including literature and art; and it is intimately associated with the substitution of a centralized op­pressive imperial bureaucracy for the former local autonomy and di­versity, with its wider scope and opportunity for individual initia­tive and accomplishment.


Says it well..............................


40 posted on 03/21/2020 9:31:43 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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