10/23/20: Day #6 of
Character Counts Week and we have two more negative examples for teachers to
share!
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Who doesn't want a bigger stimulus package? This guy. |
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More
capitalist crooks. A second stimulus plan in the works?
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If you are a huge fan of President Trump, and
you think Antifa and Hunter Biden are the biggest threat to our country right
now, you probably haven’t been following these two stories.
First, Goldman Sachs, the company that brought
you the 2008 financial meltdown, has agreed to pay fines and penalties totaling $5 billion for their role in
a massive fraud, perpetrated by government officials in Malaysia. Executives
with Goldman thought it would be good business to bribe officials in return for
their investing money in a fund Goldman was supposedly creating to help the
Malaysian people. This turned out to be a mistake when the bribed officials
turned out not to have any scruples and looted the fund to the tune of $6.5
billion.
This is not to be confused with the $5 billion fine Goldman paid for touting “high quality”
securities they were selling in 2005-2007. Those securities turned out to be
worthless when the housing bubble burst. (See: 10/16/20.)
Second, if you missed it, Purdue Pharma, makers
of oxycontin – guaranteed to end any pain you might be feeling – often forever
– has agreed in federal court to pay a fine of $8.3 billion.
It’s the price you pay when your company claimed
oxycontin was perfectly safe, even for babies, and contributed mightily to an
epidemic of drug overdose deaths that has killed 450,000 Americans in twenty
years.
The Sackler family, which owns Purdue, will now
find it harder to hide billions of dollars from state officials suing their ass.
*
THURSDAY MORNING, it seemed like a second
stimulus deal was in the works. The president’s economic advisor, Larry Kudlow,
announced that an agreement was shaping up. This package would, according to President
Trump, rescue all the people who weren’t part of the greatest economy this
nation has ever seen, or will ever see, if the republic lasts for 10,000 years.
If Trump gets a second term it won’t even last
four.
“A
relatively sunny, optimistic morning.”
Ever the optimist (Kudlow predicted in 2007 that
the housing bubble Goldman Sachs helped burst was not going to burst), and
gazing at the proverbial glass, Kudlow decided it was not half full. It was brimming
with fresh trillions Congress would spend, the spending of which Trump
would love, love, love to see.
After all, once you run up a deficit of $3.1
trillion in Fiscal Year 2020, why not shoot for $4 trillion in FY 2021!
In an appearance on CNBC, Larry said it seemed
to him like “a relatively sunny, optimistic morning in terms of the negotiations.
Things are moving in a favorable direction. I can’t promise anything, but
things are getting better, looking better for this.”
Friday morning, the situation was unchanged.
Democrats had already passed a $2.2 trillion stimulus package and delivered it
to the Senate, where Mitch McConnell has the votes to pass it if he wants.
President Trump looked at the glass, and told everyone
he was in favor of an even bigger glass, filled with more deficit spending.
“Let
me just explain,” Trump said during an interview on Fox & Friends. “I want
to do it even bigger than the Democrats. Not every Republican agrees,
but they will [emphasis added]. I want to do it even bigger, because this
is money going to people who did not deserve what happened to them.”
“I
would rather go bigger than that number, but we’ll see,” he added in his usual nonsensical
fashion. (None of the three hosts seemed to notice the incongruity, which is part
of their job.) Pelosi, he said, “doesn’t want to do anything until after the
election, because she thinks it helps her. I actually think it helps us,
because everyone knows she’s the one who’s breaking up the deal.”
Time for a reality check.
Dear Fox News viewers:
If you are watching Fox &
Friends regularly, you probably can’t see past Ainsley Earhardt’s shapely
legs.
Speaker Pelosi has already sent
over a large package. The president says he wants to go larger, still!
How is it possible the fool in the
Oval Office can’t work out a deal?
Your friend in patriotism,
The Blogger
(See
below.)
*
SENATE MAJORITY LEADER Mitch McConnell looks at
the same glass, grabs it, and pours the contents down the kitchen sink. He warns the White House not to push for a big bailout until after
the election.
If a vote were held, a whole bunch of Republican
senators would vote against it. Voters, millions of whom are hurting, would get
mad.
So: Save the senators!
Blame Pelosi and move on.
In fact, “maybe never” would be the right time
to pass a big stimulus bill, if McConnell has his way. Mitch had gazed upon the
Democrats’ $2.2 trillion package, and labeled it “outlandish.”
Wednesday,
we know Trump himself saw the glass, spit in the glass, and handed it back to
the American people, via Twitter. “Just
don’t see any way Nancy Pelosi and Cryin’ Chuck Schumer will be willing to do
what is right for our great American workers, or our wonderful USA itself, on
Stimulus,” he groaned. “Their primary focus is BAILING OUT poorly run (and high
crime) Democrat cities and states.”
Apparently, when he was talking
about “our wonderful USA,” he had in mind states and cities were most people
voted for him.
Then Kudlow said it was a
bright, shiny morning.
And then, today, a whole lot of
nothing from either side. The president known for making deals, fails to get a
deal done.
The sun sets on Washington,
D.C., but Trump is not there to see it go down. He’s off to Mar-a-Lago for the
first time in months.
Since taking office he has spent
406 days, more than a year’s worth of his first
term in office, at properties he owns.
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