Posted on 10/20/2020 7:14:36 AM PDT by Theoria
The massive federal mortgage acquistion program is probably made possible by Trump Federal Reserve appointees.
I do not think the Federal Reserve (or any other federal entity) should lend money to non-governmental entities.
The $1200 is about the price of a Made in China iPhone.
Rewarding China for the virus epidemic that might wipe out the Republican Party at the federal level is idiotic.
Relief should be more targeted, such as towards restaurant and airline sales subsidies.
IMO Senate Republicans are looking ahead to a Biden presidency and want to be set up to fight it or ruin it
Trump wants spending bill to help his re-elrection, Democrats want it because they like spending money and “helping” people, Republicans ultimately do not want it from either of them
Biden voters are voting for the communist democrat party, not this brain diminished puppet. They do not even know who the real president will be. President Trump is in full control of his brain and capable of being the leader of this Republic. Nothing that Biden has done in his years of govt employment, at various levels, qualifies him to be hired for any position with significant impact on the American citizens. Trump has a lifetime of training for the position he now holds and has run circles around any person the commie dems run for office. Idiots are those who vote to turn this Republic into a communist wasteland. Pres Trump is not an idiot and neither is Biden. Biden is not cognitive enough to be anything but the pitiful person he now is which does not reach the idiot level.
Krugmanomics is the the most asinine fiscal policy there is but Swamp DC loves it. I laugh my azz of when even today the left b*tches about Reaganomics. As Mark Levin constantly beats the drum of this insanity,most in government care less that all of this is unsustainable and the bill/note/debt etc will come due. Worst case,one day the economy just implodes and our all electronic “cash” system becomes useless.
Restaurant relief should come in the form of having the U.S. Justice Department join lawsuits brought by restaurants owners against the governors and mayors who shut them down. In the meantime, a Federal bill to make small business owners eligible for unemployment compensation would be worthwhile.
Beyond that, an extension of the $300 unemployment supplements would be a good move. It's helpful for those who are unemployed, but it's not so much money that they'll refuse to work.
Airline subsidies aren't for the airlines. They're given to the airlines to make sure those companies can fulfill the terms of their contracts to buy all the Boeing aircraft they ordered before this fiasco started. So those bailouts will likely continue, but not for the reasons you might think.
You’re sure right about her demands. That was the whole point of the HEROES Act. Go absurd or go home. But now we’re on the brink of having a “deal” that is comparable in size anyway.
They are not lending, they are buying. So...is 2008 is ever repeated the banks won’t go under...the Fed will. So, we have that going for us.
That’s because the government owns most everything.
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