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turbinetree

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Member since: Fri May 30, 2014, 03:30 PM
Number of posts: 19,660

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Negotiations lag on $1 trillion stimulus for virus-hit US

Published 1 min ago on March 21, 2020
By Agence France-Presse

US lawmakers urgently negotiating a $1 trillion emergency package to salvage an economy ravaged by the coronavirus missed a Republican-imposed deadline to reach an agreement by the end of Friday.

Senate Republicans were seeking a rapid deal in order to hold a final vote Monday on a bill aimed at allocating vast sums of federal dollars to American households as well as for industries that help form the backbone of a suddenly teetering economy.

But Democrats have been pushing for stronger worker protections and more substantial outlays for families devastated by the crisis, and the party’s top Democrat Chuck Schumer said the Republican package was “inadequate” for millions of Americans facing dire straits.

Negotiations stalled despite Senate Majority Leader Mitch McConnell setting a Friday night deadline.

Senators said they would work through the weekend, and if a deal is struck Saturday then a first procedural vote is likely Sunday.

https://www.rawstory.com/2020/03/negotiations-lag-on-1-trillion-stimulus-for-virus-hit-us/

#Moscow Mitch is really a ratfucking asshole, and his fucking aide making money off this virus shit...................libertarian fucking ratfucking again....................

November 3, 2020 cannot get here fast enough....................

Kenny Rodgers and The First Edition (1967)

House members, Senate aides traded stocks in early days of coronavirus

By MAGGIE SEVERNS and KATY O'DONNELL

03/21/2020 06:59 AM EDT

While Sens. Richard Burr (R-N.C.) and Kelly Loeffler (R-Ga.) sought on Friday to explain sales of stock made at a time when they were reassuring the public about the coronavirus threat, they weren’t the only elected officials to buy and sell stocks at key moments in the unfolding crisis.

A POLITICO review of stock sales and purchases reported by members of Congress and senior aides found that while none had engaged in sales of the magnitude of Burr and Loeffler, several had traded shares at times or in industries that bore a relationship to the coronavirus threat.

Previously unreported lawmakers who sold assets in the weeks leading up to the market crash include Rep. Susan Davis (D-Calif.), who unloaded thousands of dollars of stock in Alaska Air and Royal Caribbean cruises. A senior aide to Sen. Mitch McConnell made a mid-January purchase of Moderna, Inc., a biotechnology company that had four days earlier announced it would begin developing a coronavirus vaccine. And an aide to Sen. Jeanne Shaheen, who serves on the Senate Foreign Relations Committee, sold off stock in companies including Delta Airlines in late January and later bought stock in Clorox, Inc., which makes bleach and sanitary wipes.

The trades show that -- as much of the public was blindsided by both the pandemic and the economic meltdown over the last two weeks -- a number of lawmakers, aides and their brokers helping manage their portfolios adjusted their investments. Lawmakers in both chambers were being briefed via both classified and non-classified meetings about the coronavirus in late January and February, giving people on Capitol Hill a closer look at how the coming pandemic might shape their lives and finances that much of the country was lacking.

https://www.politico.com/news/2020/03/21/coronavirus-trading-house-senate-140260

This is what fucking insider insider trading is all about.....................and you can even add that russian asset in the white house on this list ( in my opinion ) ...................................

Delta warns of 80% revenue drop as US carriers fear doom

Source: Raw Story

Published 9 mins ago on March 21, 2020
By Agence France-Presse

Delta Air Lines on Friday warned the coronavirus pandemic will cut its second quarter earnings by 80 percent compared to 2019, and ratings agency S&P said other US carriers faced similar fates.

“We’re now projecting our June quarter revenues will be down by $10 billion compared to a year ago — an 80 percent reduction,” Delta’s chief executive Ed Bastian said in a note to employees.

The hotel and travel industries have borne the initial brunt of the impact of the drastic shutdowns caused by the global virus outbreak, but worse may be ahead, Bastian said, and “recovery will take an extended period once the virus is contained.”

Amid the spreading economic carnage, Bastian said there are now 13,000 employees who have taken voluntary unpaid leave, and “we could use more.” That is an increase from the 10,000 he reported Wednesday had gone on leave, foregoing salary but maintaining benefits such as health insurance.

https://www.rawstory.com/2020/03/delta-warns-of-80-revenue-drop-as-us-carriers-fear-doom/




Read more: https://www.rawstory.com/2020/03/delta-warns-of-80-revenue-drop-as-us-carriers-fear-doom/

Here's why Florida got all the emergency medical supplies it requested while other states did not

Published 1 min ago on March 21, 2020
By Pro Publica

On March 11, Florida requested a cache of emergency supplies from the federal government to protect its medical workers against the novel coronavirus.

Three days later, the state got everything it wanted.

Other states had only tiny slivers of their requests fulfilled, including some that had asked for them earlier than Florida. Oregon and Oklahoma received only about 10%; New Jersey got less than 6%.

This disparity has not been lost on the states that feel shortchanged in their requests from the Strategic National Stockpile, a trove of supplies managed by the U.S. Department of Health and Human Services.

https://www.rawstory.com/2020/03/heres-why-florida-got-all-the-emergency-medical-supplies-it-requested-while-other-states-did-not/

-snip-

At the moment, states aren’t receiving much in the way of assurances from the federal government. During a press conference on Thursday, Trump said that while domestic manufacturers of face masks have gone into overdrive and the White House is helping, governors need to work to find supplies themselves.

“The government’s not supposed to be out there buying vast amounts of items and then shipping, we’re not a shipping clerk,” Trump said. “As with testing, the governors are supposed to be doing it.”

Perla Trevizo contributed reporting.


You are the a fucking shipping clerk............................that is what a president does in a fucking emergency..................you fucking idiot.....................your suppose to lead even if that means being the lead shipping clerk..................I really fucking despise this asshole......................and he's suppose to have graduated with a management degree from a college...................


November 3, 2020 cannot get here fast enough....................

Trump attacks reporter for asking what his message is to scared Americans

By Dan Desai Martin -March 20, 2020 1:09 PM

When asked for a message to Americans who are scared during the coronavirus pandemic, Trump attacked the media for asking the question.

From a March 20 White House press conference on the coronavirus pandemic:

PETER ALEXANDER (NBC): What do you say to Americans who are scared, though? Nearly 200 dead, 14,000 who are sick, millions — as you witnessed — who are scared right now. What do you say to Americans who are watching you right now who are scared?



DONALD TRUMP: I say that you're a terrible reporter, that's what I say.

I think that's a very nasty question. And I think it's a very bad signal you're putting out to the American people. The American people are looking for answers and they're looking for hope.

And you're doing sensationalism. And the same way that NBC and "Concast" — I don't call it Comcast, I call it "Concast."

Let me just tell you something: That's really bad reporting.

And you ought to get back to reporting instead of sensationalism.

Let's see if it works. It might, and it might not. I happen to feel good about it, but who knows? I've been right a lot.

Let's see what happens.

https://americanindependent.com/donald-trump-coronavirus-news-conference-reporter-nasty-message-scared-americans-white-house/

Hey pompos that look in that picture of you says a thousands things.........................yep your boss is psychopath and your are enabling a traitor that is a psychopath and then Fauci look ....................

November 3, 2020 cannot get here any faster .........................

Trump brings back adviser who said workers were 'better off' not being paid

By Dan Desai Martin -March 20, 2020 1:40 PM

Kevin Hassett will return to the White House as an adviser to Trump amid a growing economic crisis and global pandemic.

Kevin Hassett, Donald Trump's former chair of the White House Council of Economic Advisers, is returning to the White House amid the economic fallout surrounding the coronavirus pandemic, the Hill reported on Friday.

Hassett will return temporarily to serve as an adviser to Trump on economic policy in his personal capacity, meaning he will not be a government employee.

Hassett, who served as chair of the Council of Economic Advisers from April 2017 through June 2019, has a long record of controversial statements.

After Trump initiated a partial government shutdown in late 2018 and early 2019, Hassett defended him, saying that federal workers might be better off not receiving a paycheck.

https://americanindependent.com/kevin-hassett-donald-trump-adviser-coronavirus-economy-government-workers-shutdown-white-house/

This fucking punk is getting a check from the taxpayers......................resign you fucking loser, just think you are working for an asshole that was IMPEACHED.....................put that on your future resume......................oh yeah you already did...................great fucking principles and to top it all off your a grifter..........................................

News you might have missed: Wyoming makes it easier for Native Americans to vote

By Dan Desai Martin -March 20, 2020 3:00 PM

Solar energy capacity soared in 2019, and Minnesota took steps to ensure grocery store workers can receive free child care.

Even in the middle of a crisis, there are bits of good news.

In towns and cities across the country, everyday people are coming up with innovative ways to support neighbors, children, and small businesses impacted by the global pandemic.

Maryland took a step forward on gun safety, and Kansas Democrats implemented a plan to ensure everyone can vote.

Yo-Yo Ma shared a moving video dedicated to frontline health care workers.

Read on to see what you might have missed this week in the news.

https://americanindependent.com/news-you-might-have-missed-native-americans-childcare-wyoming-maryland-minnesota-kansas/

Cartoon: Bouncy Bouncy Beach Bums by Clay Jones

Most renters who lost jobs won't get protections under Trump proposal

By Associated Press -March 20, 2020 10:31 AM

Most renters will not be eligible for eviction protections, despite what Donald Trump said this week.

Most Americans who rent their home, many of whom have lost their jobs in the sudden economic slowdown caused by the coronavirus outbreak, will not be eligible for eviction protections, despite what Donald Trump said this week.

Under the Department of Housing and Urban Development’s plan released Wednesday, foreclosures and evictions would stop for 60 days on single-family homes with loans through the Federal Housing Administration. That would apply to roughly 8 million units, according to HUD. Only FHA homes lived in for at least a year can be rented out.

That’s compared with the roughly 43 million households who rented in 2019, according to the U.S. census. Roughly half of renters rent their home from an individual investor, while the other half rent from a business or multi-unit property owner. The ones renting from a business will not receive any protections according to HUD’s proposal.

"That’s the problem with (HUD's proposal). It only impacts a very small amount of people. We need big-scale solutions," said Andrea Shapiro of the Metropolitan Council on Housing, a New York-based housing advocacy organization.

https://americanindependent.com/donald-trump-administration-renters-unemployed-protections-coronavirus-economy/

And this fucking
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