Trump wants to totally control the $500 billion slush fund for big business

NDE

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Oct 27, 2012
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President Trump has already said where he wants some of the money to go, promising assistance to cruise ship companies, for example, that have operations in Miami. And when he was asked Monday evening who would perform oversight of the program, Trump responded, “I’ll be the oversight.”

Can you imagine this-- Trump as the "OVERSIGHT" for a $500 billion slush fund. It would be like letting the fox into the hen house. Just like the Trillion dollar bailout where 85% went to the 1% of society, the average worker would be left with nothing.

This is where the blame belongs. His delay has killed hundreds, and soon thousands.
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NDE

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Sen. Joe Manchin (D-W.Va.) praised the new language on oversight of the stimulus fund, telling reporters Tuesday morning that Democrats hoped to see final drafts of the bill within the next several hours.

“We got better oversight, better oversight,” Manchin said as he left a meeting with Minority Leader Charles E. Schumer (D-N.Y.). “The oversight basically is saying that you know you can’t just ... exempt everybody and give all your corporate executives, based on the backs of the taxpayers, free carnival.”

The concession came as Schumer and Treasury Secretary Steven Mnuchin negotiated until nearly midnight on Monday at the Capitol, updating Trump frequently and sounding more optimistic than they have through days of rocky talks.
 

Number1CanesFan

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Jul 30, 2016
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President Trump has already said where he wants some of the money to go, promising assistance to cruise ship companies, for example, that have operations in Miami. And when he was asked Monday evening who would perform oversight of the program, Trump responded, “I’ll be the oversight.”

Can you imagine this-- Trump as the "OVERSIGHT" for a $500 billion slush fund. It would be like letting the fox into the hen house. Just like the Trillion dollar bailout where 85% went to the 1% of society, the average worker would be left with nothing.

This is where the blame belongs. His delay has killed hundreds, and soon thousands.
MEDIA=youtube]
Presently, Congress has NO bailout agreement. One of the sticking points is that the Senate bill includes a provision where companies receiving a bailout would NOT be disclosed for 6 months and the administration would have full control over who gets money. I could only imagine that most of the funds would go to companies in Republican controlled states and swing states with the disclosure coming after the election.
 

rberryjr

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Nov 14, 2013
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468
President Trump has already said where he wants some of the money to go, promising assistance to cruise ship companies, for example, that have operations in Miami. And when he was asked Monday evening who would perform oversight of the program, Trump responded, “I’ll be the oversight.”

Can you imagine this-- Trump as the "OVERSIGHT" for a $500 billion slush fund. It would be like letting the fox into the hen house. Just like the Trillion dollar bailout where 85% went to the 1% of society, the average worker would be left with nothing.

This is where the blame belongs. His delay has killed hundreds, and soon thousands.
MEDIA=youtube]
Covid-19 Biggest grift in American History
 

#1cane

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Jan 3, 2019
Messages
247
President Trump has already said where he wants some of the money to go, promising assistance to cruise ship companies, for example, that have operations in Miami. And when he was asked Monday evening who would perform oversight of the program, Trump responded, “I’ll be the oversight.”

Can you imagine this-- Trump as the "OVERSIGHT" for a $500 billion slush fund. It would be like letting the fox into the hen house. Just like the Trillion dollar bailout where 85% went to the 1% of society, the average worker would be left with nothing.

This is where the blame belongs. His delay has killed hundreds, and soon thousands.
MEDIA=youtube]
The company goes under. Now what would the average worker of that company be left with? No job. Both the company and the workers need help to get thru this crisis. So lets put funding for solar and wind and a bunch of other garbage in the bill that should help the average worker. NOT!!
 

TheOriginalCane

All ACC
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Dec 22, 2011
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6,366
"This is where the blame belongs. His delay has killed hundreds, and soon thousands."

The xenophobic delay in shutting down air travel from China?? OH, nevermind.

Cut the crap.

1. He shut down "air travel from China" to be effective February 2. Coronavirus was already in the US by then.
2. That "ban" did not apply to Americans coming from China. So, yeah, "shutting down air travel from China" didn't actually happen.
3. What about connecting flights? Whoops.


"At a House subcommittee hearing on the coronavirus on Feb. 5, Ron Klain, White House Ebola response coordinator under the Obama administration, took issue with the characterization of the travel restrictions as a travel “ban.”

“We don’t have a travel ban,” Klain said. “We have a travel Band-Aid right now. First, before it was imposed, 300,000 people came here from China in the previous month. So, the horse is out of the barn.”

There’s no restriction on Americans going back and forth,” Klain said. “There are warnings. People should abide by those warnings. But today, 30 planes will land in Los Angeles that either originated in Beijing or came here on one-stops, 30 in San Francisco, 25 in New York City. Okay? So, unless we think that the color of the passport someone carries is a meaningful public health restriction, we have not placed a meaningful public health restriction.”

Indeed, on Jan. 24, a week before the travel restrictions, the CDC confirmed two cases of the novel coronavirus in the U.S. from people who had returned from Wuhan, China, where the outbreak began.

Furthermore, Klain said, the import of goods from China is exempt from the travel restrictions, “and, of course, the people who fly the planes and drive the boats that bring those goods from China. We couldn’t ban that activity. We vitally need that. Ninety percent of the antibiotics in this country come from China. All kinds of vital medical supplies … we will use to treat people. So, travel bans … that’s not what we’re imposing, that’s not what exists.
 
Joined
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The company goes under. Now what would the average worker of that company be left with? No job. Both the company and the workers need help to get thru this crisis. So lets put funding for solar and wind and a bunch of other garbage in the bill that should help the average worker. NOT!!
The billion dollar company ain't going under tho if they dont get help, and if it does oh well. They should've budgeted better. Another will take their place. That's the free market.

These billion dollar corporations have never given a sh!t about their workers.

If you have leverage, why wouldn't you push for your priorities after years of being told there's no money for pay for sh!t and then suddenly the same folks are like "oh hey look it was in between the sofa cushions this entire time."

F*ck these billion dollar corporations. Pull yourselves up by the bootstraps. Budget your way out of the hole you're in. Eat a lil less avocado toast. Get rid of the iPhone and Starbucks every morning.
 

TheOriginalCane

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Dec 22, 2011
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Dems got the concession on this. There will be an oversight board and inspector general.

I dont how anyone, left or right, couldve been okay w this idea as it was originally written.

Some people will have a problem with it when President Biden introduces a similar bill in 2022. Or if President Obama had introduced a similar bill in 2009.

Some people care about "oversight" and "deficits" and "executive orders" and "golfing" when a Democrat is president, but then don't care when a Republican is president.
 

TheOriginalCane

All ACC
Joined
Dec 22, 2011
Messages
6,366
Presently, Congress has NO bailout agreement. One of the sticking points is that the Senate bill includes a provision where companies receiving a bailout would NOT be disclosed for 6 months and the administration would have full control over who gets money. I could only imagine that most of the funds would go to companies in Republican controlled states and swing states with the disclosure coming after the election.

I wonder why "six months" is the preferred time period? I wonder what happens in "six months"? I wonder why the Senate wants to keep secrets for "six months"?
 
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