That's the view from the Huffington Post.... It would seem that Republicans and Trump are doing EVERYTHING they can to lose votes come November 3rd..... Will Pelosi go along with this in the House.... Senate Republicans on Monday are set to unveil their long-awaited … [Read more...] about Replacing the extra $600 in weekly jobless benefits is too complicated for states to implement quickly…
The economy
Barney Frank does NOT want to see Elizabeth Warren as Biden’s Treasury Sec…
The former Democratic Massachusetts Senator now sits on the board of a Bank.... He correctly points out that Warren would probably send the Stock Market and Bank's into downturn if she was appointed to the position... She IS a bankruptcy expert and NO friend the big banks … [Read more...] about Barney Frank does NOT want to see Elizabeth Warren as Biden’s Treasury Sec…
US Banks increase their rainy day money reserves….
Figuring that right after Donald Trump leaves the stage? (Trump wants MORE tax cuts which would cut even MORE incoming revenue for Social Security and Medicare?) The same thing that greeted Joe Biden's boss President Obama? when Bush II left The US Economy landing in … [Read more...] about US Banks increase their rainy day money reserves….
The Market rallies and keeps climbing as the country deals with a virus and dropping economy…
Huh? Things are slowly going sideways and people MAKING MONEY. gambling on stocks? Right now? It'a about a vaccine going out for testing with tens of thousands people... And Trump's dream that everything will quickly right itself.... Buoyed by heightened activity … [Read more...] about The Market rallies and keeps climbing as the country deals with a virus and dropping economy…
Trump admin will keep jobless extra benefits checks coming….
Told ya so.... To have stopped the supplemental unemployment checks LESS than 4 months from Election Day would a REAL STUPID idea by Trump & Co....(The amount of the weekly checks after July is likely to be in the $450 range....)...Some state are re-closing down , which … [Read more...] about Trump admin will keep jobless extra benefits checks coming….
Joe Biden’s one weakness…The Economy…Open Thread for July 14, 2020
In just about EVERY poll out there between Joe Biden and Donald Trump Biden leads on everything EXCEPT the economy.... While the Trade War is out there, unemployment numbers and claims are thru the roof, small businesses are suffering and state are beginning to0 shut down … [Read more...] about Joe Biden’s one weakness…The Economy…Open Thread for July 14, 2020
Small Business owners run out of time…..
American BIGGEST amount of business IS Small Business... NOT the big companies.... Small businesses don't get headlines.... They can't stay closed for extended periods of time... They don't have big bank lines of credit... With no customers? They just disappear … [Read more...] about Small Business owners run out of time…..
1.3 million people applied for new jobless benefits last week …
The weekly numbers have dropped since April... But MILES above the numbers before the virus lockdowns and restrictions began... And? Some increases are creeping back with some states may be in for additional lockdowns in the future along with state and local government … [Read more...] about 1.3 million people applied for new jobless benefits last week …