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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Billionaires Get Trillions And Nurses Can't Even Get PPE - Insane USA
America Convulses in Pain, Fed Bails Out the Wealthy
https://wolfstreet.com/2020/06/11/america-convulses-in-pain-fed-bails-out-the-wealthy/
So the Fed printed $2.9 trillion since early March. Thats about $22,000 per household. For the bottom half of households, $22,000 would have helped a lot to get through the crisis.
flamingdem
(39,313 posts)Figured some financial types would have something to say right about now.
smirkymonkey
(63,221 posts)I don't understand how the average American can not be up in arms about this. Why don't they understand what is going on here? Do they honestly believe in this "trickle-down" bullshit, which has been proven to be a myth over and over again?
We should have the politicians who are responsible for this hanging from the gallows, and yet people keep electing them back to office. I can only surmise that most people really have no idea what the fuck is really going on here.
Hortensis
(58,785 posts)and the kleptocrats they serve, are more similar than otherwise to the big crime figures who've taken power and sacked Russia, the crime family who took over Syria, and their sort in other nations where they've taken over the nation government. For those who don't realize yet.
BUT as for "insane USA," we really need to remember that a solid majority of voters elected Democrat Hillary Clinton to do the things honorable, responsible people do. This was as counted after massive election theft/subversion of every type and with the help of enemy foreign states.
What the real count in an unsubverted elections would have been was illustrated by hundreds of polls that showed Democratic majorities in the senate, house, and some formerly red states. But America isn't insane, we've been sabotaged.
So, this. The criminals are grabbing as much as they can before the police arrive and putting as many corrupt judges into position for the future as they can. Insurance now while they find out if they're going to somehow keep control.
Newest Reality
(12,712 posts)Buckeye_Democrat
(14,855 posts)... programs to help the poor and unhealthy are brought up. Rinse, repeat.