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The IRS hasn't finished sending stimulus payments for up to $1,200 per person to millions of Americans, and already some are wondering if those checks will do enough and if there will be a second coronavirus relief bill. The "economic impact payments" being issued by the IRS by checks in the mail and via direct deposit to banks were introduced as a one-time payment designed to help curb the financial blow caused by the outbreak of COVID-19.
With more than 33 million people filing first-time unemployment claims since mid-March, the unemployment rate reaching 14.7% and the country barreling toward a recession that economists predict globally could be the worst since the Great Depression, talk of a second 2020 stimulus check to keep people afloat is already starting in Washington.
Today, while there is not broad enough support in Congress to pass a second stimulus package for individuals -- which some are calling the "CARES 2 Act" -- a handful of ideas from members of Congress are being discussed and gaining traction. Here's what we know about a second round of stimulus payments in 2020 for individuals.
IMO, money should be reserved for those most in need. Corporations are out. I should be out. I haven't missed a payday since this whole thing started, FFS. People in need should be targeted. Yeah, it was nice getting some "free money", but I didn't "need" it.
Small businesses, and people out of work should come first. Everyone else can stand in line, and make their cases, one by one. And, again, the large corporations don't even need to get in line. Any company with overseas subsidiaries, offshore banking, and questionable tax filing practices is definitely out. Such companies are not "American", they are international and global. (I'm looking at you, Apple, Microsoft, Google, WalMart, and a boatload more.)
Thoughts?
(Score: 1, Informative) by Anonymous Coward on Sunday May 10 2020, @02:33PM (7 children)
Do not go outside to go to work or anything else, the murder hornets have arrived in the US. Until they are eradicated you must stay inside for your own safety. The government will mail you a check.
https://www.nytimes.com/2020/05/02/us/asian-giant-hornet-washington.html [nytimes.com]
(Score: 0, Troll) by Ethanol-fueled on Sunday May 10 2020, @03:27PM (1 child)
And let me guess, they'll be considered racist as well after statistics show that Blacks and Mexicans are stung at much higher rates.
Never mind that it will be because Blacks and Mexicans were reaching into the hives to get honey, or trying to play basketball or soccer with the hives, or using the hives as boxing speed-bags.
(Score: 1, Informative) by Anonymous Coward on Sunday May 10 2020, @06:04PM
Piñatas
(Score: 1) by fustakrakich on Sunday May 10 2020, @04:37PM (1 child)
You really need to look at the bright side of things [foodandwine.com]
La politica e i criminali sono la stessa cosa..
(Score: 0) by Anonymous Coward on Monday May 11 2020, @01:04AM
It won't come to humans eating the murder hornets. There's a video out there showing a good old N. American preying mantis putting the hornet in a bear hug and munching on the hornet brain.
(Score: 2) by The Mighty Buzzard on Sunday May 10 2020, @09:52PM (1 child)
Murder hornets are so last month. What you should be worried about this month are the sniper monkeys.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Sunday May 17 2020, @09:35AM
Mob of Super Squirrels
(Score: 2) by Freeman on Tuesday May 12 2020, @03:18PM
One of kiddo's favorite shows already debunked the Murder Hornet myth. Brave Wilderness - Murder Hornets episode on YouTube: https://youtu.be/pFmtmO2cnlg [youtu.be]
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"
(Score: 0) by Anonymous Coward on Sunday May 10 2020, @02:50PM (1 child)
https://www.congress.gov/bill/116th-congress/house-bill/748 [congress.gov]
(Score: 0) by Anonymous Coward on Sunday May 10 2020, @03:07PM
Quite different from what it became. So they basically used an introduced bill like a shelf corporation.
(Score: 0) by Anonymous Coward on Sunday May 10 2020, @06:41PM
Your chosen masters are salivating at the chance to crack their whips.
(Score: 1, Interesting) by Anonymous Coward on Sunday May 10 2020, @07:26PM (9 children)
I don't understand how people aren't seeing something. There is no herd immunity for a coronvirus. The most common coronavirus is the cold. It's alive and kicking after millennia and immense effort to create a cure or vaccine for it. COVID has already had at least dozens of mico-mutations and there's weird ass stuff like South Korea discovering some people who recovered were somehow showing no antibodies for the virus. This also means a vaccine is probably out and, thankfully, so is dystopic Bill Gates shit like 'immunity cards' or injected identifiers for such.
Next point - this thing started with a handful of infections in China. And that's all it takes to start this over again. And we've already shown it can be transmitted from humans to animals and presumably back again. So the point here is that this virus isn't going anywhere anytime soon. Getting back to normal just isn't going to work - period. We're either going to have a new virus alongside our species that basically just results in an ongoing purge, or society is going to be reshaped indefinitely.
This isn't hyperbolic - think about things like AIDS. Prior to AIDS there was *relatively* (let me emphasize that a few times over...) little risk to unprotected sex. AIDS changed everything. It completely reshaped the entire gay culture. And corona in terms of impact is like AIDS bumped up a few million times over. To imagine this is something we just 'get over' is simply fantasy. Yet in this reshaping of society, it's going to leave many people unable to earn an effective living at least in the interim. And means testing is dangerous because if you miss too many of these people, you end up with desperate starving people - which is a nice way to go from having shit hit the fan (which it already has) to something much worse.
---
So what am I getting at? I have no clue where we're going to be 6 months from now, other than not back to normal. And until we get back to something at least vaguely resembling normal, those checks are going to keep flowing. Well at least until people start to lose faith in fiat and/or expect the helicopter money. And that's the point that bad things start happening. Hmmm, damned if you do - damned if you don't?
(Score: 2, Insightful) by Runaway1956 on Sunday May 10 2020, @10:40PM (5 children)
We might disagree on what "normal" means. Life is harsh, and uncaring. Always has been. Mankind has survived for all these millenia because he fought. He fought the tigers eating the young and the weak. He fought the other great apes infringing on his territory. He fought each other.
In the most recent centuries, he fought most of the bacteria, germs, and virus to something close to a stand still. Suddenly, the micro-critters find an edge, and are attempting a comeback. This is "normal".
You struggle, or you die. We've forgotten that in recent times. We've gotten soft, and forgotten how hard life is.
Hail to the Nibbler in Chief.
(Score: 0) by Anonymous Coward on Monday May 11 2020, @01:04AM (1 child)
One of the soft weaklings thinks that Runaway was trolling here.
(Score: 0) by Anonymous Coward on Monday May 11 2020, @01:18AM
Why do you think he "Ranaway"? He's gone soft! Head full of nonsense, heart of mush. But in the journal he sounds like a brave and courageous Social Justice Warrior? "What have you done with the real Runaway?"
(Score: -1, Troll) by Anonymous Coward on Monday May 11 2020, @01:18AM (1 child)
It's Democrat logic, bred out in universities, Twitter, Facebook and regurgitated via the MSM: No expense is too high to prevent someone from dying, the life of another individual trumps your right life and liberty, it could be your parent! And why are you worried about your life, we'll just have the government print money for you to buy stuff from essential worker heroes while we let you live like a vegetable for your safety.
All about the feelz. No concept of economics, humanity or even medicine. But quick to appeal to their replacement religion of "The Science".
(Score: 0) by Anonymous Coward on Monday May 11 2020, @06:31PM
Next stop Eugenicsville!
Final call for all Nazis, tickets please.
(Score: 0) by Anonymous Coward on Sunday May 17 2020, @09:32AM
Well, yes, what do you expect? Mind is the second thing to go.
(Score: 0) by Anonymous Coward on Sunday May 10 2020, @11:55PM
The virus also infects goats, pheasants, and papaya
https://www.youtube.com/watch?time_continue=1&v=dYfSqMult6c&feature=emb_logo [youtube.com]
(Score: 1) by khallow on Monday May 11 2020, @03:54AM (1 child)
Meaning what? Those people managed to recover from the disease anyway, meaning immune system managed anyway. And as has been observed before, there's a lot of people carrying antibodies for a disease they never showed symptoms for.
Unless, of course, we find something like a vaccine or get enough herd immunity. We'll see.
(Score: 0) by Anonymous Coward on Sunday May 17 2020, @09:59AM
Unless, of course, like for the case of common cold corona viruses, there's neither long term immunity nor a vaccine. We'll see.
(Score: 2) by The Mighty Buzzard on Sunday May 10 2020, @09:50PM
For full stimulus effect, get a hooker. It's local. It's a service industry. And it's undoubtedly more stimulating.
My rights don't end where your fear begins.
(Score: 2) by shortscreen on Sunday May 10 2020, @10:19PM (27 children)
Like AC says, the virus is likely to stick around. Trying to wait it out doesn't look like an adequate plan.
The sane way to deal with this in the short term, without turning the whole country upside down, is for people with low risk to start getting back to business, while high-risk demographics continue to keep their heads down, ideally until some alternative becomes available (eg. vaccine). Then, in theory, the first group is covered by unemployment insurance and you just have to worry about the latter group (and many of them are already collecting on SS or a pension).
Of course, turning the whole country upside down wouldn't necessarily be a bad thing, considering how brain-damaged our economy and healthcare already were. But I'm sure TPTB don't want to accidentally start up a UBI, so if they still have their heads on straight they'll probably come out with a plan like this.
Since this is the US, the difficulty comes with trying to determine someone's risk level. If the government came out with some guidelines, then everyone who doesn't like where they fit in will throw a tantrum. If you give people some leeway to decide for themselves then a few will try to game the system and other groups will freak out about that. The usual stuff.
Small businesses that went under due to being forcibly shutdown will likely get something sooner or later, if only to preempt the huge wave of lawsuits.
(Score: 2) by The Mighty Buzzard on Monday May 11 2020, @02:18AM (26 children)
You assume they could start up a UBI. Fiat currency or not, the government does not have bottomless coffers. Not anywhere close. They already shelled out more just for this round of stimulus than they make in taxes in a year. If they don't have people making money that they can take from them, the only thing they can do is devalue the currency and print dollars of ever decreasing value.
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Monday May 11 2020, @02:02PM (24 children)
Fiat currency or not, the government does not have bottomless coffers.
Tell that to Wall Street. For them it is very bottomless, to the tune of 30 billion every day, without a word from congress. We only hear about the "deficit" when it's time to help the rest of us out a little. We should have frozen the financial markets, put a hold on mortgage and rent collection until people are working again.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Tuesday May 12 2020, @10:41AM (23 children)
Dude, read what the fuck I said. Every dollar they print makes the dollars you, I, the big corps, and the guys on Wall Street have worth less. Nobody with three functioning brain cells thinks this can continue for even half a year. Get the fuck over your "us vs. them" mentality in regards to employers. You're calling for the heads of the people who keep most sheeple from starving. That's beyond moronic.
And, no, nixing collecting mortgage/rent/etc... payments will not help things. All it does is shift the emergency situation to someone else. But it's someone else you have an unthinking hate on for, so that's perfectly okay ethically, right?
I want you to consider the source of this next sentence and recognize what a high bar it took clearing to warrant it: Dude, stop being such an enormous asshole.
My rights don't end where your fear begins.
(Score: 1, Informative) by Anonymous Coward on Tuesday May 12 2020, @02:50PM (10 children)
You continue to be extremely confused about the US economy and fiat currency in general. This [stlouisfed.org] is a graph of the M2 monetary supply in the US. How much "money" there is flowing in the US. This [tradingeconomics.com] is a graph that goes a bit further back.
What you might notice are two things:
1) Starting around the mid 70s we started going full retard with the 'printing' of money. From 1980 to today, the monetary supply has increased 1100%
2) Inflation, paradoxically, has very little relationship to the 'printing' of money. So the 1100% increase in monetary supply from 1980 only resulted in a 200% increase in inflation.
Again, this is the thing you seem to be unable to grasp about the petro dollar. I've no idea what you think the petro dollar is or why it's relevant, but you are wrong. It serves exclusively to enable us to engage in increasingly reckless monetary policy and suffer negligible economic consequences for it. The petro dollar is literally the entire foundation not only of the US dollar but of US global hegemony in general. And if you didn't catch the timeline above, the petrodollar first began to be developed in the mid 70s immediately after we did away with the Bretton Woods system [wikipedia.org]. And that is exactly when we started to play increasingly aggressive games with our currency.
This issue is, by far, the most important factor in nearly all international relations today. And its demise, unless something radically changes, will also be what leads to end of American hegemony.
(Score: 2) by The Mighty Buzzard on Tuesday May 12 2020, @03:04PM (9 children)
Having clue one about what the dollar's value is controlled by would help you to understand why that is. You obviously do not though and I'm not in the mood to educate you at the moment, so feel free to continue on in your ignorance.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Tuesday May 12 2020, @07:30PM (8 children)
Now you're plainly contradicting yourself. Interestingly, you should try to answer your own question, because the answer is the dollars value is based on *drum roll* the petro dollar.
1) Countries need oil
2) Oil is sold primarily in the dollar
3) 1+2 = countries need the USD and a whole lot of it.
a) We 'print' trillions of dollars to try to create imaginary growth.
b) Dollars becomes worth less.
c) Other countries now need to keep even more USD in reserve.
d) Dollars start to get out of circulation.
e) Dollar becomes worth more.
x) Saudi Arabia now has a fuck ton of USD.
y) They buy hundreds of billions of dollars worth of weapons subsidizing military industrial complex
z) The rest is dumped into US treasuries including unlisted securities.
# = We print money. Because of petro dollar it does not result in proportional inflation. So we keep printing money. This makes other countries unhappy because they can't keep up with our money printing. This sets the stage for literally just about every damn thing that's happening in the world today excepting this little virus we have going. Though even the US angling for what will probably be a cold war with China alongside trying to economically isolate them is again tied into this game. China has been one of the key players aiming to try to push for either a non-national world reserve currency or even to angle it towards the Yen. Their actions in Africa (angling to get a dominant position in cobalt and other critical resources for renewables, lithium ions, etc) is preparing to try to mimic the petro-dollar in a post-fossil fuel world. Only problem they have is that world is probably a whole lot further away than most think.
(Score: 0) by Anonymous Coward on Tuesday May 12 2020, @07:43PM (6 children)
Shouldn't try logic with TMB when he's in ideological lockdown.
(Score: 2, Flamebait) by aristarchus on Wednesday May 13 2020, @10:28AM (5 children)
Actually, trying logic on The Minority Buzzardinia is never a good idea. So, he is just not as educated as he things he is. Common Failing amoung Soylentils of the Rightish bent, a precise illustration of the Dunning-Kueger Effect, shared by such stalwarts as the Mousey Runaway and the Unfecund khallow. Economics is hard, things do not go the way you think they would, just because they would, and the laboratory of national economic policy is rife with underdetermination and confirmation bias, and the "Air Power" fallacy.*
John Maynard Keynes, lo these many years ago, came up with a theory of economic stimulation [wikipedia.org] that held that it was the aggregate effective demand within an economic system which drove economic growth, which the converse corollary that a decrease in effective demand, loss of income, inflation, etc., would have the contrary effect. Now to Buzzard's point, the Government does have infinite money. It creates it out of thin air. The question is not whether it can do so, the question is how it should do so. If it puts this newly minted cash into the hands of the lower classes it immediately turns latent demand into effective demand, and the demand makes cheapskate scumbag tightwad Ebenezer Scrooge-like McDucks invest their ill-begotten capital into productive form, in an attempt to make even more profit for themselves. But you see, the Invisible Fist of Adam Smith leads selfish sociopathic richies to turn the fiat currency of a UBI scheme into actual societal wealthy, against their inborn anti-social inclinations.
So, Oh Amortized Buzzard of little brain, once again you are mistaken. There are courses, and even degrees, in economics, at colleges and Universities, if you are interested. But some Republican obsession with money, and cost, the fantasies of Merchantilist businessmen, is no basis for a theory of economics, let alone a public policy.
*"Air Power" Fallacy, first deployed by Giulio Douhet in his Command of the Air [af.edu] in 1921, later adopted by the "Bomber Mafia" of the British Royal Air Force Bomber Command under Sir Arthur Travers Harris, 1st Baronet, GCB, OBE, AFC , and later in WWII by the American "Billy" Mitchell, and Westmoreland in the Vietnam Crime Against Humanity of aggressive war, holds that you can win a war just by "bombing the bejesus" out of your enemy. This is often asserted in the face of overwhelming empirical evidence of failure (obvious cases skipped over), with the tautological assertion, that "Since bombing will win the war, if we did not win obviously we did not bomb them enough". Has been used Recently by Republicans in the Great (Flat) State of Kansas. "Since cutting taxes for the wealthy, and reducing government expenses will always improve the economy and create jobs, well, if that didn't happen obviously we need to
bomb the workerscut taxes more, since we did not do it enough!"Tautological certainty. This is what the Buzztard has. Sometimes referred to as, a Bubble. Suggest amending to "The Mighty Bubble Buzzard"??
(Score: 0) by Anonymous Coward on Wednesday May 13 2020, @01:28PM (4 children)
The thing you miss out on in there discussion above is the relevance of the perception of value in money.
This is one of the reasons that helicopter money is paradoxical. If you do it once, it would be expected to substantially improve the economy for reasons you hit on. However, if people come to expect it - it stands to be economically catastrophic because it makes people lose faith in the dollar and it also creates a potential work disincentive. And perception is absolutely critical for a fiat currency. This why I think a persistent UBI would likely lead to a collapse of the US. One party would constantly run on a platform of increasing it until it eventually just devalued the entire notion of money. And simultaneously, why bother working when you can just demand more money get printed for you?
(Score: 2, Insightful) by aristarchus on Wednesday May 13 2020, @08:19PM (3 children)
And there it is again, that cheapass Republican projected assumption of human nature. You seriously believe that no one would work without the coercion of capitalist wage slavery? This is why Marx noted that Capitalism relies on the "vast army of the unemployed" as a structural, rather than derivative, feature of a capitalist economy. Poor houses are no mistake, the homeless are a warning, "lest there go I", to respect the "Job Creators".
No, you miss the point entirely, you pathetic weasel of capitalist scumbaggery! It is not the greed of the working man that has to be vanquished by the fiscally conservative distribution of wealth, it is the greed of the capitalist class that needs to be bent into serving the public good by a liberal monetary policy. So long as the UBI creates effective demand, the economy will grow. So far as it falls into the pockets of the capital class directly, the more it will undermine the value of currency.
Yes, it is a matter of perception. But no, people do not need a "work incentive", the threat of starving to death, because humans are homo faber, and if the current lockdowns prove nothing else, people want to work, just because they are people. So stick your "white man's burden" up your Republican projection!!
(Score: -1, Flamebait) by Anonymous Coward on Thursday May 14 2020, @06:35AM (2 children)
Do you not find it somewhat ironic appealing to Marx? He spent his life drowning himself in alcohol while ranting against capitalist systems that he himself had no experience whatsoever in. He is rather the perfect embodiment of what people fear many would resort to given an UBI. And indeed the one and only way he was able to sustain himself was by mooching off of Engels and his wife, both of whom were born into money. But what would have happened to Marx should Engels and his wife's money run out? That is the fundamental issue with these sort of ideas.
People perceive money to be practically unlimited. And indeed it technically is in a fiat system. But the things that it represents are not. In fact they're far more limited than most imagine. Imagine for a second we take literally every single good or service sold in the US for a year and distributed all *gross* revenue to the people (so we're just going to ignore sustainability in this discussion). How much would each person get? Millions of dollars? Hundreds of thousands? I assume you probably realize the answer to my question. What I asked is precisely the definition of the GDP/capita - and it's only about $67k. If you only look at profit it'd be a tiny fraction of that.
It's really shocking how low that number actually is. But that's the reality of the world. Our vast wealth is much more of a facade than not. The issue is not only one of demand, but of supply. I think many people would continue to work under an UBI but they would likely demand vastly more money for such given that they have the choice to not work. That sounds good until you get back to the "stuff" issue. Money is infinite but stuff is not. As you start giving more and more people more money, without proportionally increasing the amount of "stuff" you achieve very little except making that money worth less and, taken to extremes, worthless.
(Score: 2, Insightful) by aristarchus on Thursday May 14 2020, @09:55AM (1 child)
Not anymore than appealing to a butt-sniffing Capitalist lackey like yourself, you sniffer of Capitalist butts, you!
Obviously, like the TMB and the lowly khallow, you have no knowledge of economic theory, and have never read any of Marx's works. I would encourage you to look into two things, the increase of alienation of production, and the capital intensification of late capitalism. And then I would shove your ad hominem up your pretty-boy capitalist butt-sniffing ass. But only if you asked for it, which you did. Cool story, comrade!
"Supply siders suck Republican Koch!!" You know it is true!
(Score: 0) by Anonymous Coward on Tuesday May 19 2020, @06:32AM
Try explaining M2, let alone M3, to TMB. He can only see rotting flesh right in front of him. Or code that does much the same. Money is too abstract, too "intellectual" for him to comprehend.
(Score: 2) by The Mighty Buzzard on Wednesday May 13 2020, @10:44AM
Yep, still no. The dollar being used as petrocurrency does not increase its value. It only stabilizes (slows the rate of change either up or down) it somewhat (not even close to enough to offset a potential ~10x increase in inflation) because large amounts of it are moving all the time in a relatively stable market. Now stabilizing it does have a feedback effect of making it very slightly more valuable but not in any big way and not in a constantly increasing way.
Keep trying though, one of these days you may figure out where its actual value comes from, why printing around ten times as much over that specific time span didn't cause the same rate of inflation, and why you should never argue with me about money.
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Tuesday May 12 2020, @03:09PM (11 children)
They are printing all those dollars to feed Wall Street big shots for their shell games, when they should be used for us when we aren't working. They hardly even have to tell congress they're doing it. They're just taking the money while you people look the other way and play blame passing games for distractions
You're calling for the heads of the people who keep most sheeple from starving.
Heh, you are so full of it. They are the principal cause of our starvation. They have all the capital locked up in their casino. It's like a rain forest canopy, we get what 'trickles down' from the leaky pipes.
And, no, nixing collecting mortgage/rent/etc... payments will not help things. All it does is shift the emergency situation to someone else.
Yes, to people that can easily afford it. They won't starve. They won't lose their vacation house. Fuck them.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Wednesday May 13 2020, @10:47AM (10 children)
Dude, one of these days you're going to figure out the same thing the soviets figured out after they had all the oppressive, landowning farmers hauled off or killed. I hope it happens before you have to learn it the same way they did.
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Wednesday May 13 2020, @04:51PM (9 children)
All that killing you like to imagine isn't needed, and of course you have the wrong target anyway. We just have to take away the special privileges that allow your Wall Street speculators to steal. I'm sure they will draw first blood, then we can go nuts.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Friday May 15 2020, @11:40AM (8 children)
They're not stealing, dumbass. They're gambling. With each other. Who gives a fuck?
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Friday May 15 2020, @02:53PM (7 children)
They're not stealing
Only by your bureaucratic standards
They are gambling with our tax money. They are sucking the fed dry. Time to stop them and to take it back. Then we will have plenty for infrastructure and safety nets.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Friday May 15 2020, @03:03PM (6 children)
That is not anyone stealing. That is your elected representatives taking your money and giving it away to people you don't think deserve it. If that pisses you off, welcome to the Libertarian party.
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Friday May 15 2020, @03:14PM (5 children)
It's not about what we "think". We know they don't deserve it. They are thieves. When you give your money to thieves, it is still stealing. Call it fraud if you like, I'm easy
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Friday May 15 2020, @03:26PM (4 children)
When you give your money to thieves it's still stealing? Get off the fucking "words mean whatever I want them to mean" crack. That's radical, lying progtard tactics. I expect better from you.
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Friday May 15 2020, @05:14PM (3 children)
So, fraud is not a thing? Let's get that shit off the books then.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Friday May 15 2020, @09:41PM (2 children)
Fraud from the politicians? That's a given. That's not who you were accusing of fraud though. If Alice takes your shit and gives it to Bob, you have legitimate beefs about Alice but you do not get to call Bob a fraudster or thief for her actions and remain not full of shit.
My rights don't end where your fear begins.
(Score: 1) by fustakrakich on Friday May 15 2020, @10:00PM (1 child)
Politicians are punks. The real fraudsters run the financial industry, conning each other and the politicians. We just have to stop reelecting them, and vote for people that will return our money into circulation.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Friday May 15 2020, @10:10PM
They're not conning the politicians, they're straight up bribing them. There's no deception on their part.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Monday May 11 2020, @04:33PM
Money printer goes BRRRRRR
(Score: 0) by Anonymous Coward on Tuesday May 12 2020, @12:41AM
https://www.motherjones.com/politics/2020/05/jared-kushner-rick-gerson-russia/ [motherjones.com]
They don't give two shits about you. You'll be LUCKY if they pump out more bailout money for anyone worth under $100mil. Looks like #Russia is BACK ON THE MENU!!!
(Score: 0) by Anonymous Coward on Friday May 15 2020, @06:43AM
The problem with that is that you have to set up a bureaucracy to decide who should and should not get the money, which not only severely delays the money getting into the hands of the people who need it the most, but often costs more in the long run because massive bureaucracies tend to be costly and inefficient. The first stimulus checks were means-tested, and it was a disaster.
The people out of work have to go through a disastrous unemployment system. What do you think happens when millions and millions of people all apply for unemployment at around the same time? The poorly-designed unemployment systems are overwhelmed, and it takes weeks and weeks for most people to get their money. That's exactly what has been happening. Most people barely have any money in their bank accounts, and cannot afford to wait weeks for means-tested crumbs.