Today's Mass Extinction and Holocene-Anthropocene Thermal Maximum are being caused by the Super Rich
Call your U.S. Senators: 202-225-3121 Call your U.S. Rep: 202-224-3121
Ep. 57: EMERGENCY PODCAST SYSTEM — Kill Bill www.youtube.com/watch?v=B8VQ5h1Z5eA
"The U.S. Senate is on the brink of passing a massive corporate giveaway that will be yet another transfer of wealth from the American people to the wealthy. It was described by HuffPost's Zach Carter like this: "It is not an economic rescue package, but a sentence of unprecedented economic inequality and corporate control over our politics that will resonate for a generation. It represents a transfer of wealth and power to the super rich from the rest of us, with the support of both political parties ― a damning statement about the condition of American democracy." We all must act now to STOP THIS! Light up the switchboards on Capitol Hill! Call your U.S. Senators: 202-225-3121 Call your U.S. Rep: 202-224-3121
HUFFINGTON POST HEADLINES: “Democrats Are Handing Donald Trump The Keys To The Country, The Senate coronavirus bill is shocking.”
This is what Biden is all about. And make no mistake this aid money will find its way into Republican political campaigns at the Local, State, and Federal level making it extremely difficult for Democrats to “take back” the Congress, Senate, White House, and Judiciary. It is an unprecedented, shocking, and obscene transfer of wealth and power from Working Americans to the Super Wealthy Ruling Elite. Sadly, it was enacted by a group of politicians made up largely of an age group that won’t be in office while all the effects are felt.
Any talk of an exemption the prohibits Donald Trump or his family from benefiting from the hundreds of billions, which could easily turn into over trillions of dollars once leveraged through the federal reserve is nonsense.
It is not impossible that the recent Bailout will enrich Trump, his family, or his properties. Portions or all of it may turn out to appear like Trump’s “golden parachute”.
They will use the money to play the stock market.
A portion of the hundreds of billions passed out by Trump and Mnuchin will be kicked back to the Republican Party as campaign donations. There is speculation that It is entirely possible that Charles Koch may get the entire amount.
Bailout proceeds will find their way to Casino operators, Luxury Cruise Lines, as well as the Oil, Gas, Fracking, and Nuclear Energy industries.
It is hard to imagine A COVID Bailout that would raise less government revenue in the form of taxes than that approved by today’s Democrats and Republicans. Today’s COVID bailout performs abysmally when it comes to paying itself back.
“The emergency coronavirus legislation that the Senate agreed to on Tuesday can only be described as an outrage. It is not an economic rescue package, but a sentence of unprecedented economic inequality and corporate control over our politics that will resonate for a generation.
It represents a transfer of wealth and power to the super rich from the rest of us, with the support of both political parties ― a damning statement about the condition of American democracy.
Final text of the bill has not been released, but according to a legislative draft, the new law would establish a $4.5 trillion corporate bailout fund overseen by Treasury Secretary Steve Mnuchin, with few substantive constraints. Some outlets are reporting this as a $500 billion fund, but $425 billion of that can be leveraged 10 times over by the Federal Reserve, resulting in a multi-trillion-dollar program.
The bill permits bailed out companies to lay off up to 10% of their workforce over the next six months, with no restrictions thereafter. Mnuchin would have authority to waive any upside for the public in its new investments, and the bill’s restrictions on stock buybacks at bailed-out firms are too temporary to be significant. Bailed out companies could even pay dividends to their shareholders.
Bailout money will flow to the shareholders of large corporations, otherwise known as rich people. The oversight terms that Democrats secured are purely cosmetic, replicating the toothless provisions of the 2008 bank bailout that enabled watchdogs to report abuse but not actually prevent or rectify it.
“If you give vast amounts of public money to a single person with no real accountability, you won’t like what happens next,” Damon Silvers, the deputy chair of the oversight panel for the bank bailout, wrote on Tuesday.
In exchange for this takeover, Democrats got four months of more generous unemployment benefits for the millions who will be laid off and a one-time check of $1,200 per adult, eliminating a Republican restriction that would have limited poor people to just $600 and phasing out payments for six-figure incomes. These are not bad provisions, but they pale in comparison to the handout offered to the rich.
“$1,200 isn’t enough,” the Economic Security Project, a liberal think tank, tweeted on Wednesday. By agreeing to the deal, Senate Democrats in effect accept a horrendous future in exchange for a somewhat less burdensome present.
“It is a panicked and reckless legislative response,” Sarah Miller, executive director of the American Economic Liberties Project, an anti-monopoly advocacy group, said in a statement on Wednesday. It’s one that “will repeat most of the mistakes made in the 2008-2010 bailouts” and “fundamentally transform the American economy,” she added.”
“Stimulus Bill Becomes GIANT Giveaway To Corps & Middle Finger To Americans”
“The Senate’s $2 Trillion Bailout Falls Flat on Worker Protections
The coronavirus financial relief package is packed full of corporate giveaways and lacks basic safeguards for workers and their families.”
“@ The proposal give Mnuchin (and Trump) complete discretion to choose which industries and companies will receive $200 billion to $500 billion, and then hide the identity of the bailout recipients for six months.
@ There’s no requirement that companies maintain payroll or benefits
@ No requirements to reduce executive pay
@ Very limited restrictions on stock buybacks (that Mnuchin can waive)
@ No safety provisions to protect frontline workers
@ No paid sick leave
And it provides nothing for the tens of millions of American workers who have or will soon lose their jobs –
-no expansion of unemployment insurance
-no health insurance
And nothing for hospitals and hospital staffs that are or will soon be, inundated.
They are pushing back against this bill because it doesn’t protect average workers and families. Now is the time for action that helps the many, not the privileged few. We can’t allow those with greedy fingers to continue to snatch away for themselves – especially not now.”
“House Democrats Urged to Remove 'Insidious Attack' on Social Security Hidden Within Senate Coronavirus Bill
"The only way to escape this trap is to avoid stepping into it in the first place. That's why the House must remove the cut to Social Security's dedicated funding before this bill passes."”
“Employers can stop paying into Social Security? Let's do something: Tell House Democrats to remove this provision and protect Social Security. Social Security Works and RootsAction urge you to Call your Rep. at 202-224-3121 TODAY. #HandsOffSocialSecurity
1. Remove the cut to Social Security’s funding.
2. Increase Social Security benefits by $200/month.
The Senate bill would let corporations stop paying into Social Security for the rest of the year. But the House can still fix it.”
“Entitlement my ass! I paid for my Social Security since I was 16 years old! Our benefits aren’t some kind of charity or handout! But take a look at the Congressional benefits – free health are, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days; now THAT’S welfare. And Congress has the nerve to call my retirement an Entitlement? Re-post if you are sick of their crap, and ashamed of our so-called “leaders”! Hopefully everyone on Facebook will post this”
“You want Ventilators & Masks from the Federal Government’s Reserves to treat your citizens? Well, Governors have to treat me well, it’s a two-way street.”
President Trump, March 24, 2020
And for THIS attitude Democrats reward him with a $100s of billion slush fund for him and his cronies
Believe or not, the actual cause for the push back by Democrats on the COVID-19 Bailout may be due to Democrats not wanting to be “out progressived” by none other than Trump! NOT because they wanted to secure additional benefit for Americans in the 99%:
“Suspect this sudden pressure to reopen the economy before we control the virus is a reaction to the realization that the economy as structured cannot survive a month and the necessary restructuring will be in the direction of everything the GOP has fought against for decades”
“Pelosi is Blocking Direct Cash Payments to Citizens. WTF?”
“Corporate News Hides Ugly Truth Of Stimulus Bill”
“Inverted totalitarianism on display: Servers of the oligarchy consolidating
assets and telling you it's for you. Clearly showing you they have zero
interest in the public. Time to wake up and recognise capitalism is a massive
failure and this is just one big party.
”Live: Senate to vote on $2 trillion coronavirus stimulus bill”
““My concern is that [Boeing] might be leveraging this crisis to shore up their own bottom line,” Dan Grazier—POGO's Jack Shanahan Military Fellow—told the Associated Press.
The Senate $2 trillion emergency spending bill provides airline companies with $25 billion in direct grants provided by taxpayers. Airlines would also be able to get $25 billion in loans from this legislation.
The White House and Senate leaders agreed early Wednesday on a $2 trillion economic rescue package, the largest in the country's history. The bill comes in response to the viral pandemic that has...”
“Airlines, others to benefit from $2 trillion rescue bill”
Martha Stewart cartoon:
“I would really like to see the Trump Family’s recent stock trading history right about now,…”
“3.3 Million File For Unemployment Claims, Shattering Records”
“16 Wisconsin companies accused of price gouging”
Ace Hardware in Delavan, for Clorox bleach and toilet paper
Asian International Market in Milwaukee, for rice
C&S Supermarket in Milwaukee, for rice
Cermak in Milwaukee, for pinto beans
Dollar Tree in Marinette, for toilet paper
El Rey Foodmart in Milwaukee, for rice, bleach and water
El Rey Foodmart in Milwaukee, for limes
El Rey Foodmart in Milwaukee, for bleach
Grainger, online, for surgical masks
Marketplace Foods in St. Croix Falls, for toilet paper
Matrangas in Racine, for bottled water
Menards in Burlington, for Lysol wipes
Menards in West Milwaukee, for hand cleaner
N95Sales.com, online/Oshkosh, for N95 masks
Pacific Produce in Oak Creek, for rice
Point Market in Stevens Point, for rice
Restaurant Depot in Milwaukee, for toilet paper and cookies
Walgreens in Cudahy, for toilet paper
Walgreens in Waukesha, for Lysol spray
Walmart in Milwaukee, for toilet paper
Walmart in Rhinelander, for milk
“CORONAVIRUS TREATMENT DEVELOPED BY GILEAD SCIENCES GRANTED “RARE DISEASE” STATUS, POTENTIALLY LIMITING AFFORDABILITY”
'This Is a Massive Scandal': Trump FDA Grants Drug Company Exclusive Claim on Promising Coronavirus Drug
“Joe Scarborough Wants Trump Bailed Out So He Won't Get Revenge On America”
“4 Senators: Graham (R-S.C.), Sasse (R-Neb.), Rick Scott (R-Fl.) and Tim Scott (R-S.C.) thought the coronavirus stimulus bill offered too much assistance for people who will end up unemployed due to Covid-19. They wanted to reduce unemployment benefits in the bill, citing concerns that it would create lazy people; However, working class hero, Bernie Sanders(I-Vt.), stood up to them and was willing to also hold the bill until stronger conditions were imposed on the $500 Billion corporate welfare fund. In the end the Republican group failed to get Trump to back their cause.”
“The Senate Passed A Massive Coronavirus Aid Package That Would Give Most Americans A $1,200 Check”
“The $2 trillion economic recovery bill still needs to pass the House. Americans making less than $99,000 per year will get some amount of payment under the legislation.”
They took our tax money now they want to take our lives (in a new way) and Democrats won't fight for us. 99% of Americans can only die to make and even that as a political statement has very little next to no impact. COVID-19 is only a “problem” for the “little people.”
“Billionaires Want People Back to Work. Employees Aren’t So Sure”
“Watch: Reporter spars with Senate GOP as they complain about unemployed people getting too much money”
“Massive social distancing, with its accompanying job losses, stock dives and huge bailouts to corporations, raises the threat of a depression. But it doesn’t have to be this way. History offers us another alternative in such situations: a debt jubilee. This slate-cleaning, balance-restoring step recognizes the fundamental truth that when debts grow too large to be paid without reducing debtors to poverty, the way to hold society together and restore balance is simply to cancel the bad debts.”
“A Debt Jubilee is the Only Way to Avoid a Depression”
“The US and UK responses to coronavirus have failed miserably. But Denmark has moved swiftly to help workers by protecting wages and preventing layoffs — showing yet again, in the midst of a pandemic, that we’d all be better off living in a social democracy.
The US and UK responses to coronavirus have failed miserably. But Denmark has moved swiftly to help workers by protecting wages and preventing layoffs — showing yet again, in the midst of a pandemic, that we’d all be better off living in a social democracy.”
“Social-Democratic Denmark Shows How to Respond to Coronavirus”
“Sen. Bernie Sanders is raising the alarm over the Senate economic stimulus bill being drawn up to combat the domestic effects of the global coronavirus pandemic, warning that the legislation is being unduly influenced by lobbyists and business interests—not the American people." #Leadership #BernieSanders
“Sanders Calls for 'Unprecedented Legislative Response' to Coronavirus Crisis—Not Corporate Bailouts
"Now is not the time to allow large corporations to take advantage of this horrific crisis by ripping off U.S. taxpayers and profiteering off of the pandemic."”
Harley R. Pageot:
“Did I see you Americans are getting a one-time $1,200 check to cover COVID unemployment? Because Canada just announced $2,000/month for the next four months.”
At its current rate, the United States will have over 6 million cases one month from today.
“To Confront Coronavirus, We Need an Emergency Wealth Tax”
Note the bruises on Biden’s face:
“Special thanks to Massachusetts Governor Charlie Parker? Are you kidding me?
"The former vice president...went on to praise a number of Republican governors, including 'Gov. Charlie Parker in Massachusetts.' He was presumably referring to Republican governor Charlie Baker, not to jazz legend Charlie Parker."”
“Biden Gaffes His Way Through Coronavirus Proof-of-Life Video
Praises journalists for 'putting it all on the line for all of us'”