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The House just passed a two trillion dollar relief bill. That's almost 3 times the entire value of alphabet. And much of that's going to obtaining medical suppl
by tinalumfoil 7y ago
The House just passed a two trillion dollar relief bill. That's almost 3 times the entire value of alphabet. And much of that's going to obtaining medical supplies. What are you talking about?
- throwaway_USD 7y ago>The House just passed a two trillion dollar relief bill. My understanding is it is $6T, with $4T going to the Fed so the bankers can make money with it...
- kortilla 7y ago2010 called, it wants its memes back.
- throwaway_USD 7y agoWhat does that even mean? Is anything I said funny or incorrect?
- kortilla 7y ago“so the bankers can make money” is a vapid statement ringing back to occupy Wall Street. That’s not what the money is for, not will it particularly help bankers anymore than it will help every person with a money market account, a mortgage, or a job at a corporation that uses loans.
- throwaway_USD 7y ago$4T is going to the Federal Reserve...up to $1,200 will be going directly to taxpayers, to put the ratio in perspective, if the money was all going to taxpayers directly each taxpayer would be getting over $18,000, instead they will get $1,200. You are saying it will help every person with a mortgage or job at a corporation that uses loans...which simply means it will help the loan/mortgage holders and services which helps the banks.
- champagneben 7y agoCould you provide a source for that? A quick googling returned nothing for me.
- throwaway_USD 7y agoA quick googling returned nothing? Try "$6T stimulus" or read the Bill itself... It is true the vast majority of politicians and media are trying to not mention the $4T to the Fed for lending, I won't get into why that is happening (since I am being down voted and even a Googler is saying I am spreading a meme from 2009 what ever that means), so instead of me saying ask why media and politicians are trying to hide/downplay the $6T, maybe ask yourself why you can't even find this info by Googling? >The White House and the U.S. Senate early this morning, March 25, agreed on a $6 trillion bipartisan economic stimulus package to combat the financial effects of the COVID-19 pandemic and assist the Federal Reserve. Some $2 trillion of the measure will assist businesses, workers, and health care systems. https://www.dbusiness.com/daily-news/senate-and-white-house-agree-on-6t-stimulus-and-aid-package-house-likely-to-pass-measure/ https://www.dbusiness.com/daily-news/senate-and-white-house-...