Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Stop the CoronaBailout from Raining Your Money on Corporate Lobbyists Instead Of Struggling Americans
The Federalist ^ | 3/22/20 | Matt Stoller

Posted on 03/22/2020 1:20:27 PM PDT by chiller

Congressional leaders are likely to put a very ugly deal in front of the American people, and if it passes, America may be unrecognizable after this pandemic. But there is a way to stop it, if people on the populist left and people on the populist right work together.

Here’s the situation. Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, and the Trump administration are negotiating a bailout package to address the coronavirus crisis. There’s been a lot of chatter about the need to support workers as the economy goes into a freeze....

But in the United States, our leaders seem to be falling prey to what can only be called a corporate frenzy of favor-seeking. “Any time there is a crisis and Washington is in the middle of it is an opportunity for guys like me,” said one lobbyist.

(Excerpt) Read more at thefederalist.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bailout; bailouts; bigbusiness; boeing; chineseflu; coronabailout; coronavirus; corruption; corvid19; covid19; cronyism; federalspending; lobbyists
Navigation: use the links below to view more comments.
first previous 1-2021-29 last
To: chiller

Well, it just failed, so hopefully they can work on something better that won’t put us $1T in the red.


21 posted on 03/22/2020 5:43:50 PM PDT by Tolerance Sucks Rocks (Wu Flu! (when I feel heavy metal) Wu Flu! (when I'm pins and I'm needles) Wu Flu!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: veritasdavino

Yeah, Trump will blamed but then there is that first $22+ trillion debt prior to Trump and the Covid 19.


22 posted on 03/22/2020 5:53:23 PM PDT by drypowder
[ Post Reply | Private Reply | To 7 | View Replies]

Comment #23 Removed by Moderator

To: chiller

While I want the most helpless among us to be made survivably whole, I’m actually wanting the billionaires to get back into that market where this middle class family has our trust. I just want the stock market up again.


24 posted on 03/22/2020 6:38:17 PM PDT by Yaelle
[ Post Reply | Private Reply | To 1 | View Replies]

To: Yaelle

Kudlow on Foxnews, “next 4, 8 or 12 weeks”


25 posted on 03/22/2020 6:43:58 PM PDT by Cboldt
[ Post Reply | Private Reply | To 24 | View Replies]

To: veritasdavino

“Where did that 22 trillion come from?”

Obama tripled it from 6 and change to 19
Trump unfortunately (with congress)has bumped it from 19 to 22.


26 posted on 03/22/2020 6:49:04 PM PDT by BTerclinger (MAGA)
[ Post Reply | Private Reply | To 23 | View Replies]

To: BTerclinger
Grampa Dave wrote: “Washington is no longer about lawmaking, it’s about moneymaking for the elites!”

It's been that way for a while.

27 posted on 03/22/2020 9:22:44 PM PDT by GOPJ ( http://www.tinyurl.com/cvirusmap https://www.youtube.com/watch?v=OfeZlKu8M7A)
[ Post Reply | Private Reply | To 12 | View Replies]

To: GOPJ

Grampa Dave wrote: “Washington is no longer about lawmaking, it’s about moneymaking for the elites!”

Thanks for reposting that reality.

I’m 81 and looking back, we have had 3 presidents concerned about us and not the elites:

1. Ike
2. Reagan
3. Trump

I think that JFK was coming around, and probably why he was killed.


28 posted on 03/23/2020 11:32:45 AM PDT by Grampa Dave ((FearRepublic.com - keeping the media panic narrative going 24/7 to finally bring down Trump)!!!!)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Grampa Dave

Good list... I think you’re right.

1. Ike
2. Reagan
3. Trump


29 posted on 03/23/2020 1:20:14 PM PDT by GOPJ ( http://www.tinyurl.com/cvirusmap https://www.youtube.com/watch?v=OfeZlKu8M7A)
[ Post Reply | Private Reply | To 28 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-29 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson