The Fed and Treasury are nationalizing markets...

[The_Waco_Kid]

Originally Posted by Chung Tran

the Republicans rail against Socialism, but when it comes to big handouts, they are at the front of the line.

where was your indignation when Nancy pants and the DEMtards tried to load up the bailout package with all sorts of libtard crap like fed funded abortions. i happen to be a pro-choice guy.


like you know .. if some dumb waif gets knocked up during the great NONDEMIC of 2020 so let's have the tax payers let little dumbass Debbie get an abortion.


and as long as the FED GOV ain't taking my tax moolah to pay for some abortion i'm fine with anyone before the current 2 trimester/6 months rule. but trying to fund "CORONA ABORTION" paid for by me and U .. NO!


u wanna pay for that DEMTARD shit .. or not?


BAHAAAAA

[Levianon17]

Originally Posted by Chung Tran

the Republicans rail against Socialism, but when it comes to big handouts, they are at the front of the line.

The stimulus is temporary. The Democrats have been taking handouts for so long they've made careers out of it.

[Tiny]

Originally Posted by WTF

https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!

Actually the Tea Party got started protesting things like this. Rick Santelli on CNBC started the movement with this:

https://www.youtube.com/watch?v=zp-Jw-5Kx8k

The Tea Party is a dying breed, unfortunately IMHO. The Kentucky Congressman Massie who got flack from both the parties for making everyone come back to Washington last week for the bailout vote is one of the last. He did it to protest the massive amount of pork that Congressmen inserted in the bill, that helped special interests and their states or districts. Rand Paul might have done the same except he's in isolation because of the new coronavirus.

WTF, I would have agreed with you back in 2008 and 2009. I was pretty pissed off about bailouts. I am comparing apples and oranges because back then our outrage was mostly directed at the banks and insurance companies who were getting bailouts from the Treasury Department, while now it's the Fed buying private sector debt.

But I changed my mind. It was a good move. The taxpayers got their money back, and a deeper recession or depression was probably avoided. I'm thinking the same is true now. This is a way of keeping businesses out of bankruptcy and lifting the economy. The Fed should end up cashing out and breaking even or making a little in the end.

[eccieuser9500]

FRANKLIN D. ROOSEVELT: DOMESTIC AFFAIRS


https://millercenter.org/president/f...mestic-affairs

Lifting America out of the Depression was a large task. To help him, FDR depended on a sizable coterie of advisers to a degree unprecedented in the history of the presidency. FDR brought many veterans of his governorship to Washington. Raymond Moley, a professor of public law and a member of the "Brain Trust," joined the administration, as did Harry Hopkins, who ran New York's program for the unemployed. Francis Perkins, who had known FDR since their days in the state legislature, became the first women ever to hold a cabinet office, taking charge at the Department of Labor. In the main, these advisers were political liberals.

[eccieuser9500]

Originally Posted by Levianon17

The stimulus is temporary. The Democrats have been taking handouts for so long they've made careers out of it.

We Are Facing A Depression, Not A Recession


https://seekingalpha.com/article/433...-not-recession

Let me be clear. The U.S. is facing a deflationary depression. One cannot have the economic impacts we are seeing and think they will magically go away when the virus does. That’s not how economics and business work.

I am calling for significant quantitative easing or whatever you want to call it. I get the irony in that. The Federal Reserve is largely responsible for where we are today, keeping rates too low for too long, and the government running deficits way beyond nominal GDP. These are bad things.

Well . . . it's called Democratic Socialism.

[eccieuser9500]

[Levianon17]

Originally Posted by eccieuser9500

We Are Facing A Depression, Not A Recession


https://seekingalpha.com/article/433...-not-recession






Well . . . it's called Democratic Socialism.

America as we know it is through. It's not because of a virus either, that was used as an opportunity. You can expect a rationing of certain commodities such as gas and utilities. In Italy they ration water they've been doing that for years. A cousin of mine went to Italy and was caught all soaped up in the shower when the water was shut off, which wouldn't be restored until 6:00 am the next morning. He was pissed so he rinsed off in the Hotel fountain and the Italian Police beat the shit out of him. America is changing and for the worse and it's not about Democrats or Republicans it's about the elites the big money that really runs this country and all other Governments. It's not a Recession or Depression it's a Transformation.

[Jackie S]

Originally Posted by dilbert firestorm

different circumstances.

News flash to WTF.

We are in the middle of a world wide pandemic.

[LexusLover]

Originally Posted by Jackie S

We are in the middle of a world wide pandemic.

Not WTF .... he's in a depression ...

..he has been depressed since 2016 ... like the other LOONS on here!

[LexusLover]

Originally Posted by Jackie S

We are in the middle of a world wide pandemic.

Not WTF .... he's in a depression ...

..he has been depressed since 2016 ... like the other LOONS on here!

[BlisswithKriss]

Originally Posted by WTF

https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!

Traders will be very happy the markets are down especially the short sellers and option traders. They’re making out like bandits and it’s only a matter of time before the markets start to go up, but it will be a volatile ride for awhile

[Zhivago52]

The "Fed" is a private bank, who loans us our money at a rate they determine, which we pay back with yet more taxes. So this is a good system? It has brought us the income tax and an impossible deficit.

[oeb11]

Passed by Congress on July 2, 1909, and ratified February 3, 1913, the 16th amendment established Congress's right to impose a Federal income tax.



It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.Nov 3, 2016


Both parties have voted deficit budgets - and kicked the can down the line.



Fascist DPST's know not history - nor Care - except for their narrative "Truth"!!!


Another DPST idiot! Join with 9500, j666, and ftw - Ideology Uber Alles!!!!

[dilbert firestorm]

Originally Posted by Zhivago52

The "Fed" is a private bank, who loans us our money at a rate they determine, which we pay back with yet more taxes. So this is a good system? It has brought us the income tax and an impossible deficit.

and loss of purchasing power.

[eccielover]

Originally Posted by oeb11

Both parties have voted deficit budgets - and kicked the can down the line.

And since it's the House that controls the overall purse strings, the Dems will forever be remembered for this years deficit spending.

They own 2007 through 2011 spending and now this one too.

Looks pretty bad for them and both under Pelosi's watch of the House.