pipedreams Posted March 28, 2020 Share Posted March 28, 2020 2 2 Link to comment Share on other sites More sharing options...
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Dric902 Posted March 28, 2020 Share Posted March 28, 2020 Trump signs order authorizing Pentagon to call up former troops to help with coronavirus fight President Trump on Friday signed an executive order authorizing the Pentagon to bring back former troops, including members of the National Guard and Ready Reserve eserve members, to active duty as part of the ongoing response to the coronavirus crisis. "Today the President signed an Executive Order authorizing Secretary Esper to order units and individual members in the National Guard and Reserves and certain Individual Ready Reserve members, to active duty to augment forces for the effective response to the coronavirus outbreak," Pentagon spokesman Jonathan Hoffman said in a statement. I think he’s getting drunk with this power thing . 1 Link to comment Share on other sites More sharing options...
Dric902 Posted March 28, 2020 Share Posted March 28, 2020 12 minutes ago, pipedreams said: You forgot the best part: Jeffrey Peterson says the real reason the Democrats will never support the border wall – is that they are being paid off by the Mexican cartels. Former Democrat Claims Democrat Party Being Paid Millions by Cartels As Well! all they need now is the infamous Soros/Clinton/Alien connection . 2 Link to comment Share on other sites More sharing options...
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Dric902 Posted March 28, 2020 Share Posted March 28, 2020 The Federal Reserve’s balance sheet topped $5 trillion for the first time amid the U.S. central bank’s aggressive efforts to cushion debt markets against the coronavirus outbreak through large-scale bond-buying programs. Total assets held by the Fed rose by $586 billion to $5.25 trillion in the week through March 25, according to data published Thursday on its website. Borrowing by banks from the Fed’s discount window jumped to $50.8 billion. The central bank has rolled out several liquidity programs over the last few weeks to keep credit flowing in financial markets and the economy amid investor panic over the global spread of the virus. The scale of its current bond-buying efforts already dwarfs that of the purchase programs it undertook in the wake of the last financial crisis. https://finance.yahoo.com/news/federal-balance-sheet-tops-5-210123506.html this is before the $4 Trillion from the stimulus bill think about that when Trump signs this bill, the fed will be over $9 TRILLION in the red. . 1 Link to comment Share on other sites More sharing options...
Dric902 Posted March 28, 2020 Share Posted March 28, 2020 The congressman says he objects to the legalization because it would explode the national debt. “This is $2 trillion,” Massie said. “Divide $2 trillion by 350 million people — it’s almost $6,000 for every man, woman and child. I’m talking about spending. This won’t go to the men, women and children that’s a good thing, right? Wanting accountability and to get rid of the pork in the bill...right?? ... nope; President Donald Trump went off on a Republican congressman for threatening to block the relief bill soon to come up for a vote on the House floor. In a pair of scathing Tweets, the president laced into Rep. Thomas Massie (R-KY) for his opposition to the package. “Looks like a third rate Grandstander named @RepThomasMassie, a Congressman from, unfortunately, a truly GREAT State, Kentucky, wants to vote against the new Save Our Workers Bill in Congress,” Trump wrote. “He just wants the publicity. He can’t stop it, only delay, which is both dangerous …& costly. Workers & small businesses need money now in order to survive. Virus wasn’t their fault. It is ‘HELL’ dealing with the Dems, had to give up some stupid things in order to get the ‘big picture’ done. 90% GREAT! WIN BACK HOUSE, but throw Massie out of Republican Party!” . 1 Link to comment Share on other sites More sharing options...
Dric902 Posted March 28, 2020 Share Posted March 28, 2020 The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be. In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year. https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html . 1 Link to comment Share on other sites More sharing options...
pipedreams Posted March 28, 2020 Share Posted March 28, 2020 2 1 Link to comment Share on other sites More sharing options...
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janice6 Posted March 28, 2020 Share Posted March 28, 2020 5 hours ago, pipedreams said: I'm not sure the Republican Party is much better, but at least they don't publicly brag about their transgressions. 2 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 39 minutes ago, pipedreams said: 42 minutes ago, pipedreams said: How else can we have so many citizens walking around with concealed firearms and no body count. Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 1 hour ago, Dric902 said: The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be. In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year. https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html . Some call this a strong nation protecting their economy. Others of us call it suicide. 1 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 4 hours ago, pipedreams said: Not surprising when money comes before anything else. 1 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 4 hours ago, pipedreams said: And then ceded the custodial rights to teachers! 2 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 14 hours ago, Dric902 said: Pres Trump has directed @SecAzar to use the authority of the Defense Production Act to order General Motors "to accept, perform and prioritize Federal contracts for ventilators." In written statement, @POTUS says the Coronavirus situation "too urgent" for negotiations with GM. We had better learn how to eat then when we are up to our collective asses in them. 1 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 5 hours ago, pipedreams said: I think the only reason he invoked the defense act on GM was they kept playing games. First they said they could product lots of product and then they changed their mind and said it would be the end of April. Then the started in on the contract price they wanted to negotiate. This is the same GM that the Federal Government bailed out just a few years ago, they must of forgot. I understand why. I just am criticizing the motivation on the part of GM. WWII they were only too happy to help. Today they are holding the public up for ransom. 2 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 5 hours ago, pipedreams said: A purely emotional political party needs two things to survive. One is willing martyrs. The second is a crisis. Oddly enough, there is no requirement for this crisis to be relevant nor important, just that it is something to beat their chests over. And. It will be short lived, since tomorrow another shiny object will pop up and grab their attention. 3 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 5 hours ago, pipedreams said: 2 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 4 hours ago, pipedreams said: This is our value system of today. We will not appreciate these sacrifices until we are lost and then everyone will say, what if. 2 Link to comment Share on other sites More sharing options...
janice6 Posted March 28, 2020 Share Posted March 28, 2020 5 hours ago, pipedreams said: 1 Link to comment Share on other sites More sharing options...
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