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Explaining the new Fed-Treasury emergency fund (Trump Presser: “We have the money”)
Brookings Edu ^ | Peter Conti-BrownFriday, April 3, 2020

Posted on 08/07/2020 6:34:42 PM PDT by 11th_VA

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When asked in the presser today, how Trump would pay for extended Unemployment Benefits, he said, “we have the money”. I’m assuming these are the funds - if so, Pelosi and Schumer just got rolled ...
1 posted on 08/07/2020 6:34:42 PM PDT by 11th_VA
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To: 11th_VA

1. It’s a giant shell game. 2. Anything that Unnecessarily complicated in government hides major amounts of corruption and theft. 3. Yes they have the money but not because they’ve ever saved any of all they’ve extracted from us in taxes. Rather, they have the money because they just print more of it whenever they want. 5. That this destroys the currency is not of concern for them. They get instant spending power To buy anything ( including votes) they want and the destruction of the dollar is a longer term consequence. As Galbraith put it, it doesn’t matter much to them because in the long run we’re all dead anyway. Or as Louis 14 said, “Apres Moi, Le deluge!” Ours is coming


2 posted on 08/07/2020 6:42:27 PM PDT by faithhopecharity (Politicians are not born, theyÂ’re excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: faithhopecharity

I just think it’s great, if Trump was 3 chess moves ahead in April, and had a GIANT slush fund in place, to use later in the year if. Buck and Nancy didn’t want to play later in the year regarding the budget.


3 posted on 08/07/2020 6:46:49 PM PDT by 11th_VA (May you live in interesting times - Ancient Chinese Proverb)
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To: 11th_VA

Exactly. Remember his statement the other day. He said, (paraphrasing) we still have x Percent (if my memory serves I believe the number was 61%) of the first stimulus that we haven’t even used yet.
And, the Gov’t is in the process of recovering many tens of billions that were fraudulently applied for.
My understanding is the President can allocate that 61%(?) in any way he chooses as long as that allocation is in keeping with the intent of procurement.
That is, for the purpose of benefitting the small businesses and American workers affected by the pandemic.


4 posted on 08/07/2020 6:56:13 PM PDT by ocrp1982
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To: 11th_VA

Maybe. But it seems unlikely that any president could have a giant slush fund and keep it secret from the avaricious Democraps


5 posted on 08/07/2020 6:57:28 PM PDT by faithhopecharity (Politicians are not born, theyÂ’re excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: faithhopecharity

Maybe. But it seems unlikely that any president could have a giant slush fund and keep it secret from the avaricious Democraps

Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Kinda like that $140 billion obammy & kerry shipped out to iran??


6 posted on 08/07/2020 7:03:30 PM PDT by thinden
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To: thinden

Touché. And they both should have been sent to Guantanamo years ago


7 posted on 08/07/2020 7:04:41 PM PDT by faithhopecharity (Politicians are not born, theyÂ’re excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: faithhopecharity
Maybe. But it seems unlikely that any president could have a giant slush fund and keep it secret from the avaricious Democraps

Wouldn’t be the first time we had to pass a bill to find out what was in it ...

8 posted on 08/07/2020 7:10:54 PM PDT by 11th_VA (May you live in interesting times - Ancient Chinese Proverb)
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To: ocrp1982
My understanding is the President can allocate that 61%(?) in any way he chooses as long as that allocation is in keeping with the intent of procurement. That is, for the purpose of benefitting the small businesses and American workers affected by the pandemic.

Republicans NEVER prepare like this !!! Best President ever - this is like have a half trillion dollar re-election fund !!!

9 posted on 08/07/2020 7:17:27 PM PDT by 11th_VA (May you live in interesting times - Ancient Chinese Proverb)
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To: 11th_VA
Ha! 🤡
10 posted on 08/07/2020 7:42:00 PM PDT by faithhopecharity (Politicians are not born, theyÂ’re excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: 11th_VA

It’s just further dilution of the dollar.


11 posted on 08/07/2020 7:43:56 PM PDT by Mariner (War Criminal #18)
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To: 11th_VA

“Republicans NEVER prepare like this !!! Best President ever - this is like have a half trillion dollar re-election fund”!!!
Your observation is absolutely correct. This is because Politicians are INFERIOR human beings whose stock in trade is to prey upon other inferior human beings with IQ’s an order of magnitude lower than the politicians themselves.
There have been few exceptions to this in the history of our country. Indeed in the history of the world.
Donald Trump is among this unique group. A man of extreme wealth and privilege who willingly sacrificed his privilege to serve the people.
And, what has he gotten for his sacrifice? 24/7/365 Demonization and attack by the Deep State Bureaucrats, the MSM, the entertainment industry, the Lawyers and Teachers Unions, Public Employee Unions, etc...
What does this man do? Does he quit? No chance. He doubles down. He goes on the offensive. He fights for the Average American. The Forgotten American. 24/7/365. Relentlessly. As he promised he would.
It is my perspective that God Almighty that Blessed this nation so long ago has chosen to Bless this nation yet again. With Donald Trump.
Will American rise to this occasion? Will America recognize the fighter God Almighty has given us and rally to his side or, will we fail to recognize this moment in history. This moment in history when we have been offered a fork in the road choice.
I pray to God Almighty we make the proper choice. That we choose a man in Donald Trump that has a true love of this country and has a positive vision for her future based upon freedom, individual liberty, and love of God and country.


12 posted on 08/07/2020 7:51:16 PM PDT by ocrp1982
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To: faithhopecharity

Probably the trillion left from the last covid package that has not yet been spent


13 posted on 08/07/2020 7:52:17 PM PDT by jersey117
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To: faithhopecharity; All

It’s the ‘Fed dollar’, not the ‘dollar’ that will crash and must crash if not extinguished and put down. That’s the Fed dollar as in ‘Petrol dollar’ evolved into the ‘globalist dollar’ masked in a mixture of domestic and international liquidity facilities with Americans fooled into thinking the Federal Reserve is federal. It’s not, although it appears to wear federal makeup.

This point is crucial to understand where we are in history and where we’re going. The point is there are TWO entities comprising the Federal Reserve, one public, one private, and the private controls the public and is orders of magnitude larger.

https://www.stlouisfed.org/in-plain-english/who-owns-the-federal-reserve-banks

The private member banks that control the Fed, notably those behind the NY Fed, evolved into global entities. For example, the central bank of Iraq is JP Morgan.

The private member banks of the Federal Reserve, aka the central bankers, grew distant, no longer in close allegiance with the United States which is held as just another country destined to fold in with supra trade organizations such as the TPP and others, with hemispheric currency such as the Amero rendering any semblance of a US dollar as superfluous. This has been put on hold as Trump occupies the White House but is ready for restart once globalists are rid of the Trump ‘blip’.

Another crucial fact to absorb is the intel agencies also went global serving as de facto enforcers to central bankers. This was a natural evolution because central bankers can create digital funds at the snap of a finger, never audited, using the intel community (IC) to create trace blocks to fund origins (laundering) with IC group operatives funded ‘off book ‘. Central bankers and IC were joined at the hip. General Flynn was going to audit the IC and what happened to him was predictable given all that has happened to those getting too close to uncovering what central bankers do in the dark.

Snowden was an IC asset under CIA sent into to steal spy tools from NSA in a clandestine internecine war between CIA and NSA with Admiral Mike Rogers defending the interests of the United States. The NSA had developed global surveillance and monitoring tools so far advanced as to render obsolete CIA and other international IC agencies. The NSA could monitor what the international IC groups were doing. Obviously, the IC leadership (e.g. Brennan et al) couldn’t have that, hence Snowden.

Once you grasp the historical evolution of central bankers, IC groups, subjugation of nation states, it becomes possible to understand the Trump plan for a return to gold backed US Notes which preceded the destructive Fed dollar.

https://www.freerepublic.com/focus/f-bloggers/3871983/posts

#49 and #55


14 posted on 08/07/2020 8:08:05 PM PDT by Hostage (Article V)
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To: jersey117

Right.
Also, I was appalled to find out that my sister, who works for a Democrat State, is 70 years old and a supervisor, works 4 days a week and gets the extra $600 in unemployment on the advice of her Governor, who thinks he’s getting one over on Donald Trump. He has the government employees working 4 days a week so that they can receive this extra $600 a week? She laughs about it.


15 posted on 08/07/2020 8:13:18 PM PDT by tinamina
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To: ocrp1982

Well said.


16 posted on 08/07/2020 8:29:17 PM PDT by Flick Lives (My work's illegal, but at least it's honest. - Capt. Malcolm Reynolds)
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To: 11th_VA

...like have a half trillion dollar re-election fund !!!

______________________________________________

He used it to cut drug prices while cutting out the middlemen; extending the eviction moratorium and extending the student loan repayment (and interest repayment) moratorium.

He bought a few prog votes. He won’t lose a few more R votes because it isn’t new money AND (drumroll): he forced Nanzi and ChuckU to cut $1T from their stimulus demands.

This guy is GOOD!


17 posted on 08/07/2020 8:49:43 PM PDT by reformedliberal (Make yourself less available.)
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To: Mariner

As they say on Wall St, “it’s already in the cake.”

Wall St would have based their futures on the entire amount. They know money never goes unspent.


18 posted on 08/07/2020 8:53:56 PM PDT by Vermont Lt
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To: Hostage

...the Trump plan for a return to gold backed US Notes which preceded the destructive Fed dollar.
___________________________________________
I do not even pretend to understand all the macro-economics involved (and thanx for the tutorial, which helped _a bit_), but my 1st reaction to the article, since it pertained to the arcane workings of the Fed, was to wonder if this furthered The Donald’s Master Economic Plan.

I think you are saying: Why, yes, yes it does!


19 posted on 08/07/2020 8:54:43 PM PDT by reformedliberal (Make yourself less available.)
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To: Hostage

YES, IT’S LONG. AS LONG AS OUR PROBLEM IS BIG!
Brilliant Christian monetary realist, charter, corporate, bush pilot and businessman
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That said, he’ll have you laughing through your tears for America.
PAPER DEBT “MONEY” PART 1
https://www.brighteon.com/dd2435a2-f586-438b-86a3-6792cb28e99f
 
PAPER DEBT “MONEY” PART 2
https://www.brighteon.com/c9ceeb06-ed31-45a1-bd42-f217b9d5710f


20 posted on 08/07/2020 9:16:42 PM PDT by Dick Bachert (THE DEEP STATE HATES YOU!)
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