Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You

Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You by Nassim Taleb for Russia-Insider The U.S. government is enacting measures to save the airlines, Boeing, and similarly affected corporations. While we clearly insist that these companies must be saved, there may be ethical, economic, and structural problems associated with the details of the execution. As a matter of fact, if you study the history of bailouts, there will be. Saving Those on the Medusa The bailouts of 2008–9 saved the banks (but mostly the bankers), thanks…

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I’ll Bet She Does! – Pelosi Hails ‘Bubble-Up Workers Bill’; ‘We Have More Bills to Come’

I’ll Bet She Does! – Pelosi Hails ‘Bubble-Up Workers Bill’; ‘We Have More Bills to Come’ By Susan Jones for CNS News GNN Note – “Never let a crisis go to waste.” ~Democrat who came to prominence during the Obama regime, now back to destroying Chicago and the state of Illinois as quickly as possible – Rahm Emanuel ****** Early Thursday morning, Senate Majority Leader Mitch McConnell tweeted: “The Senate just pivoted from one of the most divided periods in recent memory to passing the largest rescue package in American history.…

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Senate Releases Full Text Of $2 Trillion Stimulus Bill: Here’s What’s In It

Senate Releases Full Text Of $2 Trillion Stimulus Bill: Here’s What’s In It from Zero Hedge Update (2040ET):12 hours after the Senate was supposed to originally release the full text – all 889 pages of it –  of the $2 trillion stimulus bill, it finally did just that, detailing in a whopping 889 pages, detailing its plans to stimulate spending, push tax breaks and generally boost the U.S. economy during and after the coronavirus outbreak. Here is the part most relevant to capital markets, discussing the limitations on dividends and…

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Nancy Pelosi’s Terrible, Horrible, No Good, Very Bad Decision To Hold The Country Hostage

Nancy Pelosi’s Terrible, Horrible, No Good, Very Bad Decision To Hold The Country Hostage By Christopher Bedford for The Federalist GNN Note – If you’ve not seen the whole thing… If you watch one thing on Dems blocking coronavirus relief, make it this. The American people are losing their jobs left and right and Pelosi is holding them hostage with partisan demands. This speech from @SenJohnBarrasso is worth every minute of your time. pic.twitter.com/b2MdhUTpxk — Caleb Hull (@CalebJHull) March 23, 2020 ****** This is not an emergency virus bill. It is…

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Currency Bombers Fill the Sky (Video)

Currency Bombers Fill the Sky (Video) – Mike Maloney GNN Note – For those not familiar with how the Federal Reserve operates and what they are doing to our nation this short video will almost scratch the surface and give a glimpse of what’s happening right now. The Federal Reserve is not our friend, they are thieves. As you watch your pension disappear these are the people stealing it and it is the silent thief, inflation, making it happen. ****** It now appears that governments around the world have skipped…

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Burr Responds – Claims He Sold Stocks Based On ‘News Reports’

Burr Responds – Claims He Sold Stocks Based On ‘News Reports’ from Zero Hedge Update (03/20/2020): Burr has responded to the report, claiming that he relied “solely on public news reports” when he conducted a flurry of stock sales on February 13 – specifically noting CNBC‘s daily health and science reporting out of its Asia bureaus. “Understanding the assumption many could make in hindsight however, I spoke this morning with the chairman of the Senate Ethics Committee and asked him to open a complete review of the matter with full…

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Neither Biden Nor Sanders Would Have Saved American Lives With Travel Bans Like Trump Did

Neither Biden Nor Sanders Would Have Saved American Lives With Travel Bans Like Trump Did By Margot Cleveland for The Federalist A previously unreported detail concerning President Donald Trump’s decision to ban travel from China reveals Trump’s strong leadership in the early days of the coronavirus pandemic and exposes the risk this country would face if Joe Biden or Bernie Sanders were our commander in chief. On Jan. 31, 2020, the Trump administration announced that foreign nationals who had traveled to China in the past 14 days would be denied entry into the…

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