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You need to research what the LIBS want in the rescue package: unemployment compensation that FULLY replaces salaries, a forgiveness of student loans, a forgiveness of the Post Office debt, and some funding for the arts. Beyond that, they are saying that if they/we lend corporations money (LEND, not give), then they should be able to have a say-so in how the corporations are run. That means a partial take-over of private industry by the government. This is not the time nor place for the leftists to push government control of private property and their socialism dreams.
I think both parties leave a lot to be desired. However, I'll take what the Dems propose over bailing out Trump's businesses and his cronies.
Democrats block Coronavirus rescue package in Senate a second time
"Impasse turned on Democratic concerns that the legislation would help businesses more than the public"
The Democrats continue their chronic hatred of "business" while coronavirus spreads faster and faster in the US. When will these people learn?
Who exactly do they think is going to produce the massive numbers of test kits, ventilators, hospital supplies, and eventually a vaccine against Covid-19? A mom-and-pop store?
Couldn't they put their hatred aside for a moment, long enough to get us through this crisis? Then they can go back to hating business, Trump, free enterprise, and other American institutions.
Senate Fails to Advance Coronavirus Rescue Package for Second Day
Impasse turned on Democratic concerns that the legislation would help businesses more than the public
By Siobhan Hughes and Andrew Duehren
Updated March 23, 2020 2:32 pm ET
WASHINGTON—Senate Democrats blocked a rescue package totaling at least $1.6 trillion from advancing for a second straight day Monday, seeking further changes to GOP-written legislation aimed at easing the economic damage from the coronavirus pandemic.
A midafternoon vote to take up the bill failed with 49 votes in favor and 46 against, too few to clear the 60-vote threshold. Democrats and Republicans disagree over conditions on hundreds of billions in funding for America’s largest companies and the level of aid for hospitals,...
the corporate pork was put in it by the liberals to begin with
why wont the house (Nancy) just write 3 or 4 bills, each being specific
ie.
bill 1... all individuals get a "yang type" UBI
bill 2. help for small business
bill 3 help for larger companies severely affected by this current issue
bill 4 help for the medical industry
heck even a bill 5 for improvements to the IT infrastructure, since right now the internet/VPNs are being overloaded with all the distance learning of k-12 schools, and tele-work
but the problem is that Nancy "you got to pass it, to see what's in it" Pelosi, wants to add bunches and bunches of rider pork
Hero, please tell us what "corporate pork was put in it by the liberals?"
You need to research what the LIBS want in the rescue package: unemployment compensation that FULLY replaces salaries, a forgiveness of student loans, a forgiveness of the Post Office debt, and some funding for the arts. Beyond that, they are saying that if they/we lend corporations money (LEND, not give), then they should be able to have a say-so in how the corporations are run. That means a partial take-over of private industry by the government. This is not the time nor place for the leftists to push government control of private property and their socialism dreams.
Whether or not you agree with any of those things, they will directly help real Americans. And yes, the money to business should be a loan, not a giveaway. And there should be stipulations to how it's spent. No buybacks, no executive bonuses, but purely to help their employees weather this crisis.
How do you feel about the Republicans setting up a half a trillion dollar slush fund that they can plunder at will without having any oversight or accountability for six months? Would you agree with that if the Democrats were demanding it?
huh? The biggest traunch of money 500 billion will go to corporations to spend pretty much however they want & that's the piece Democrats object to, they support the other parts of the bill including over 300 billion to support small businesses. I'm not sure how that reality fits in with your claim that all liberals want to do is support illegals
With what amounts to a six month gag order on who got what. We won't know until after the election.
and just who is calling it a slush fund?? that would be the liberals
yet the liberals want 500b slush fund for "student debt" to renege on LEGAL CONTRACTS, yet that is ok??
It is of course not the standard legal contract. It includes a modification of the normal law of contracts that forbids bankruptcy. So no it is not the standard legal contract but a special one rigged against this class of borrowers. So yes it would appear that borrowers friendly modifications to the student loan would simply be more special provisions. So yes "OK".
Hero, do you NOT understand the difference between a slush fund...aka no info/no details, and student loan forgiveness which obviously is what it says it is.
aka secret vs. open
Tony,
forgiveness of a loan is wrong..those "students" signed a LEGAL CONTRACT... it is their JOB to pay that loan back..... otherwise what are we saying....do you really think we should be saying the law doesn't matter, legal contracts don't matter..... do we really want to raise a generation that is lawless??
what do you mean by Would you feel the same way if the Democrats demanded something so egregious?
I don't think there should be any bailout/stimulus at all
but its the liberals that are NOT looking for it to be fair across the board... liberals don't want to help the middleclass...why is that???..why have the democrats , once the party of the middleclass/workingclass/unions, have turned their backs on the middleclass only to want to support illegals.... why don't you answer this question
This is the kind of false choice that got us into Iraq. Go along with invasion plans or "you don't support our troops". What tripe. Just because Democrats are not onboard with CASH FAT corporations making even more money off of a crisis then they have "turned their backs on the middle class". You should be glad I'm not a politician. Not only would I be writing checks to laid off workers, I would be paying their salaries ... not 80% of their salaries ... their full, ungarnished salaries, for this crisis, not of their making. And the money would come from their employers if their employers were multi-national corporations with billions of dollars in assets.
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Democrats block Coronavirus rescue package in Senate a second time
