While some Republicans want to stop the extra money at the end of July.... The Fed Chair, Trump and the Democrats want it to continue... Trying to tag amounts it to prior salary amounts won't work either... Congress is under pressure to extend expiring unemployment … [Read more...] about Congress has to decide on the extra $600 a week jobless money….
the Economy
Breaking!….The Fed Reserve will begin just loaning money to big corporation’s directly….
This IS a sleeper that will NOT go unnoticed by Wall Street... This smacks of the 2008/2009 debt crisis... They are proping up things.... The Federal Reserve is WORRIED.... They are moving ahead of the Trump admin and Congress who seem to be thinking about NOT pumping … [Read more...] about Breaking!….The Fed Reserve will begin just loaning money to big corporation’s directly….
Sorry Donald….We won’t be giving up stuff from China anytime soon….
We KNOW we probably shouldn't be importing ALL the stuff we do from China... But? The price has been right.... And? It ain't gonna be easy to stop.... As the coronavirus pandemic amplifies longstanding concerns over the world’s economic dependence on China, many … [Read more...] about Sorry Donald….We won’t be giving up stuff from China anytime soon….
Trump and Republicans are on different page’s on any more virus stimulus action….
White House trade adviser Peter Navarro says his boss wants a $2 trillion relief package to hold up the economy going forward.... Larry Kudlow, director of the National Economic Council, says no extension one the extra $600 unemployment money after July ? Something ain't … [Read more...] about Trump and Republicans are on different page’s on any more virus stimulus action….
With Trump and Pelosi not talking could we have another Govt. Shutdown before Election Day?
On top of ALL the crazy things going sideways right now? The US Government needs Congress to sign off on spending for the next year... THAT is gonna take some doing.... The budget deficit was WTF off the hook BEFORE the virus shutdown , which has ripped a whole in … [Read more...] about With Trump and Pelosi not talking could we have another Govt. Shutdown before Election Day?
Breaking…Stock Market craters…Down more than 1, 700 points at one point….
In reaction to the Fed Chair's warnings that the economy is NOT gonna get better in a 'V' recovery... And? Reports that virus spikes are growing in the South and Mid West.... And? The Treasury Sec saying the country CANNOT survive economically another country wide … [Read more...] about Breaking…Stock Market craters…Down more than 1, 700 points at one point….
Virus numbers spike upward in the South and across the heartland ….
While the governors of these state have moved to get rid of virtually all restrictions? Their numbers for virus infections have climbed.... Some of this is NOT new infections.... These states have increased their testing also.... And some of the increases are not … [Read more...] about Virus numbers spike upward in the South and across the heartland ….
We haven’t seen state and local government budget cuts yet folks….
Most people think the run to get things back running by local and state officials after the virus restrictions is about just commercial and retail business... But behind all that is a more basic worry for government officials .... Unlike Donald Trump? State and local … [Read more...] about We haven’t seen state and local government budget cuts yet folks….