Posts Tagged ‘stimulus’

Kyle Rittenhouse Says He Purchased AR-15 with COVID Stimulus Check

During a Thursday interview Kyle Rittenhouse says he used coronavirus stimulus money to buy the AR-15 he allegedly used in Kenosha, Wisconsin, on August 25, 2020. Rittenhouse was charged with the murder of two people during the riots that followed the officer-involved shooting of Jacob Blake. He claimed the shootings were in self-defense. On August […]

Carney: Surprise! Democrats Say Stimulus Talks Are Back On

Here we go again with the stimulus bill talks. Sen. Chuck Schumer (D-NY), the New York lawmaker who leads the Senate Democrat minority, said on Thursday that Senate Majority Leader Mitch McConnell (R-KY) agreed last night to restart talks on a coronavirus relief bill. “Last night, they’ve agreed to sit down and the staffs are going […]

Biden likely to propose stimulus, taxes to repair US economy 

AFP — When Joe Biden walks into the White House as US president in January, he will have the opportunity to reshape the world’s largest economy, but first he will have to get it back on its feet. The United States is starting to recover from a historic contraction in growth and the loss of […]

Oh, so this is why the GOP is blocking the Democrat’s $2 trillion stimulus bill.

(If the Dems get control in November, this is an example of what to expect. Same as giving criminals your checkbook) Hard to believe but look it up on the Congressional website for HR 748 from 116th Congress. American population: 330,483,530 Stimulus bill: $2,000,000,000,000 ($2 Trillion) Dividing the cost by every in America is $6,051.74 […]

3 weeks to election: No 2nd household stimulus? No mass protests? No pulse?

October 14, 2020 By Ramin Mazaheri for the Saker Blog If you had said back in May that the CARES Act would be the only fiscal stimulus in the world’s richest country surely you would have responded, “But then by October America will certainly be in pandemonium?” Well… where’s the pandemonium? I can best explain […]

No 2nd stimulus? Time to admit both parties want to destroy the average American

Democratic presidential candidate Joe Biden arrives at McCarran International Airport October 9, 2020, in Las Vegas, Nevada. (Photo by AFP) Saturday, 10 October 2020 3:20 PM  [ Last Update: Saturday, 10 October 2020 3:24 PM ] By Ramin Mazaheri cross posted with The Saker With both parties unwilling to agree on a desperately-needed 2nd stimulus package amid Great Depression-levels […]

Democrats’ New Stimulus Bill Includes Cash for Illegal Aliens

The latest stimulus bill proposed by the Democratic Party includes taxpayer-funded checks for illegal aliens and new protections from certain deportations. The eye-watering $2.2 trillion package proposed by House Democrats includes a number of dubious items that will benefit illegal immigrants in the United States. The bill also demands protections for illegals from deportations in […]

Bipartisan effort to oust the outsider Trump makes 2nd US stimulus unlikely

September 07, 2020 By Ramin Mazaheri and by author permission crossposted with Sputniknews. We are currently experiencing the biggest era of American division in 50 years, but one thing Americans are united in is that they want additional coronavirus stimulus: a poll last week showed 70% of respondents demand a re-routing of taxes back their way. […]

How Bailouts and Stimulus Pave the Way for a Lot More Spending on Everything

At this point in American history, it is now safe to say that the idea of “fiscal restraint” has become a quaint relic of the past. The prevailing gospel in Washington, DC, is now to simply spend taxpayer money (and the money of future generations in the case of deficit spending) virtually without limit while […]

Furious Dems Face a Catch-22: Will They Dare To Challenge Trump’s Stimulus Orders?

Three weeks ago, when looking at the staggering amount of cash piled up at the US Treasury thanks to a historic T-Bill issuance spree over the past three months, we said that it’s just a matter of if not when Trump gives the green light to unleash a historic spending spree to put as much of this record […]

Trump Scuttles Economic Stimulus Negotiations

By Jack Rasmus, Popular Resistance. August 8, 2020 | Educate! Above photo: Treasury Secretary Steven Mnuchin, center, and President Donald Trump’s Chief of Staff Mark Meadows, second from right, leave following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus […]

Stimulus Puts U.S. Debt On An Upward Trajectory

As part of a pledge to “Make America Great Again,” President Donald Trump and Republican lawmakers are pursuing aggressive economic stimulus while slashing taxes at the same time. The result, budget analysts say, is likely to be swelling debts and deficits for the world’s largest borrower. America’s budget deficit was […]

Biden: New Stimulus Needed ‘Even if We’re Growing at 8%’ and Have ‘3% Unemployment Rate’

Penny StarrCNS News Sept 30, 2011 Vice President Joe Biden said Congress should pass the $450-billion American Jobs Act even if the economy were growing at 8 percent and unemployment were as low as 3 percent. “Look, we should be doing all of this stuff even if we were growing by 8 percent, even if […]

The Cost Of Obama’s Stimulus Plan: $312,500 Per Job (Vote) Created Or Saved (And Guess Who Is Paying It)

Zero Hedge Sept 13, 2011 For those eager to put some math to the rhetoric coming from the White House over the president’s jobs creation plan, and that should be everyone, here is a quick and dirty estimate based on the numbers being thrown around of a 2% GDP increase in year 1 and 1.9 million […]

The “Shining” Example Of Obama’s $787 Billion Fiscal Stimulus Act, Solar Energy Company Solyndra, Files For Bankruptcy

Zero Hedge August 31, 2011 Yesterday Zero Hedge contributor Bruce Krasting had some very insightful and very prophetic words when he asked rhetorically if a “Government investment disaster in the works??” The company in question is (now former) massively subsidized solar energy company Solyndra. Solyndra filed for bankruptcy less than 24 hours after Bruce proposed that […]

Biden: more US stimulus needed, business mad at S&P

  Reuters August 26, 2011 U.S. Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government measures shortly before the White House unveils new proposals to boost job growth. Concluding a trip to Asia that focused primarily on China, Biden also said […]

Putting The Cart On Top Of The Horse, Or Why Heaping Fiscal “Stimulus” Upon “Stimulus” Is Suicide For America

Zero Hedge Aug 17, 2011 Every time someone mentions fiscal stimulus (and specifically the failure thereof), the conversation, after repeated empirical demonstrations that said stimulus virtually always ends in tears, will veer to the Economics 101 textbook definition of the savings-investment identity, in which Investment = Private Saving + Government Saving + Current Account (the simplistic […]

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes