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Thu Mar 26, 2020, 12:59 PM

Alexandria Ocasio-Cortez @AOC: To clarify, $1200 checks are ONLY going to some w/social sec numbers,


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Reply Alexandria Ocasio-Cortez @AOC: To clarify, $1200 checks are ONLY going to some w/social sec numbers, (Original post)
BeckyDem Mar 2020 OP
jimfields33 Mar 2020 #1
Igel Mar 2020 #2
jimfields33 Mar 2020 #5
BeckyDem Mar 2020 #3
jimfields33 Mar 2020 #4
NBachers Mar 2020 #6
Separation Mar 2020 #7
BeckyDem Mar 2020 #8
Separation Mar 2020 #9

Response to BeckyDem (Original post)

Thu Mar 26, 2020, 01:04 PM

1. Wall Street gets 4 trillion out of a two trillion bill?

Where is the four trillion coming from. I know that two other bills passed but donít even add up to 4 trillion and one was for hospital equipment and things like that.

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Response to jimfields33 (Reply #1)

Thu Mar 26, 2020, 01:32 PM

2. The Fed does this thing.

They buy debt that's on the market and hold it. It keeps the securities market from completely tanking, keeps the financials markets liquid and working.

When they freeze, money tends to stop flowing. No short-term loans, no place to put extra cash. *Then* you have a *real* problem.

They did it in 2008/09, as well. There was around $1.5 trillion for stimulus/TARP, and something like $2 trillion put in by the Fed.

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Response to Igel (Reply #2)

Thu Mar 26, 2020, 02:23 PM

5. Thank you. That makes sense.

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Response to jimfields33 (Reply #1)

Thu Mar 26, 2020, 01:48 PM

3. What Trump + Senate GOP have done is hold hospitals, working people,

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Response to BeckyDem (Reply #3)

Thu Mar 26, 2020, 02:22 PM

4. Thanks for the additional tweet. Lol. Makes a huge difference

I appreciate it.

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Response to BeckyDem (Original post)

Thu Mar 26, 2020, 02:45 PM

6. "Nancy Pelosi & the Democrats are holding up your Coronavirus relief check!" I'm so sick of reading

this.

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Response to BeckyDem (Original post)

Thu Mar 26, 2020, 03:04 PM

7. Do you have to have filed in 2019 to get a check?

We just moved due to my mother in law getting really sick and having several bad falls. So we sold our land and house to be near her.

There are several reasons for not filing last year, but now it seems like its gonna bite us in the ass. Also my son is permanently disabled and on disability but 22 and still our dependent. Not sure where we stand on getting anything.

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Response to Separation (Reply #7)

Thu Mar 26, 2020, 03:12 PM

8. It could take you longer. How about contacting your reps office and try speaking to someone

on their staff ? Get their name etc and hopefully build a contact you can rely on for helping you navigate the bill. If you don't have direct deposit already set up for tax returns it could take a long time to receive a hard copy check, as far as I know. BUT, again, check with your congress person and see if they can help. I don't know if there will be anything for people with disabilities, I sure as hell hope so.

Good luck and stay safe.

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Response to BeckyDem (Reply #8)

Fri Mar 27, 2020, 07:32 AM

9. Thanks for the info

Katie Porter is my representative, hopefully she is getting better herself.

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