osoab (27th March 2020)
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
Take Your Relief-Bill and Sh0ve It
This sounded like a pretty good assessment of what this "stimulus bill" is really all about.
11:32 video runtime.
The $1200 dollar checks to the little people are cover for the billions in this pork-for-the-rich-bill going to the oligarchs who created more and more little people over the last 75 years at least.
EE_ (27th March 2020)
monty (27th March 2020)
Secret Mnuichin Slush Fund
Mutilate Mnuchin !
This predictably and deceptively titled bill, "Take Responsibility for Families and Workers Act", RUINS small businesses and families and workers. Horrible!
Mnuichin, Treasury Secretary, is known as the foreclosure king and he put 35,000 people out of their homes.
What Else Is In The Relief Package, Foreclosure King Steven Mnuchin Will Bankrupt The United States
693 views
•Mar 28, 2020
Silver Report Uncut
50.4K subscribers
Many we're under the impression that this was a corporate bailout as the centerpiece of the proposal was the $400 billion + for the struggling industries stricken by a drop in demand. The language they have been using is carefully crafted as the true intentions for this money will put the US in a precarious position and had the people known what this money was for or what risk it entailed they probably would be mad. Corporate bailouts are bad enough especially when it is for industries who skirt paying taxes and reap enormous profits but the $450 billion is for the Federal Reserve (not a real federal institution) as they plan is to use this money to leverage 10X to backstop the feds unprecedented corporate bond-buying programs. Meaning the US treasury will be on the hook for 4.5 Trillion dollars in exchange for worthless corporate bonds. The quality of the assets the Fed has been purchasing is junk due to the fact that most of these companies are already on the edge of failure from a near-total shutdown in demand. In short, the Fed intends to double their balance sheet leaving the Taxpayers indebted for the Corporations which wasted their cash on stock buybacks. That's not the only anomaly in this relief package...
Secret Mnuchin Slush Fund
video runtime - 14:18
Mutilate Mnuchin !
This predictably and deceptively titled bill, "Take Responsibility for Families and Workers Act", RUINS small businesses and families and workers. Horrible!
Mnuchin, Treasury Secretary, is known as the foreclosure king and he put 35,000 people out of their homes.
What Else Is In The Relief Package, Foreclosure King Steven Mnuchin Will Bankrupt The United States
693 views
•Mar 28, 2020
Silver Report Uncut
50.4K subscribers
Many we're under the impression that this was a corporate bailout as the centerpiece of the proposal was the $400 billion + for the struggling industries stricken by a drop in demand. The language they have been using is carefully crafted as the true intentions for this money will put the US in a precarious position and had the people known what this money was for or what risk it entailed they probably would be mad. Corporate bailouts are bad enough especially when it is for industries who skirt paying taxes and reap enormous profits but the $450 billion is for the Federal Reserve (not a real federal institution) as they plan is to use this money to leverage 10X to backstop the feds unprecedented corporate bond-buying programs. Meaning the US treasury will be on the hook for 4.5 Trillion dollars in exchange for worthless corporate bonds. The quality of the assets the Fed has been purchasing is junk due to the fact that most of these companies are already on the edge of failure from a near-total shutdown in demand. In short, the Fed intends to double their balance sheet leaving the Taxpayers indebted for the Corporations which wasted their cash on stock buybacks. That's not the only anomaly in this relief package...
A few days ago people on SS had to file some kind of form with the government to get the stimulus check. Mnuchin changed that within last day or two. Now not necessary to fill out form. Gov already has bank info on most SS recipients.
...https://www.youtube.com/watch?v=yfj5P2Mip9Q...
2:09 runtime
BIG CHANGE for Social Security and the Stimulus Checks
153,922 views
•Apr 1, 2020
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Devin Carroll
175K subscribers
Things change fast!! Especially for those who are on Social Security and are wondering how to qualify for a stimulus check. Details in this video.
See the official press release discussing this change here:
https://home.treasury.gov/news/press-...