Congress–Do We Have A Deal?

After silly political games added into the different plans to deal with the virus….we have now finally come to agreement…..

“Ladies and gentlemen, we are done. We have a deal,” top White House aide Eric Ueland announced early Wednesday after the White House and Senate leaders reached agreement on the biggest economic relief package in American history. The $2 trillion measure to help workers, businesses, and the health care system deal with the effects of the coronavirus pandemic will include $1,200 checks for many Americans and a $367 billion loan program for small businesses, the Washington Post reports. “Help is on the way, big help and quick help,” said Senate Minority Leader Chuck Schumer, a Democrat. “We’re going to take up and pass this package to care for those who are now caring for us, and help carry millions of Americans through these dark economic times.”

Senate Majority Leader Mitch McConnell, a Republican, said he is “thrilled that we’re finally going to deliver for the country that has been waiting for us to step up.” The deal was reached after what the New York Times describes as a “furious final round of haggling” between McConnell, Schumer, and Treasury Secretary Steven Mnuchin. One of the last issues to be resolved was a $500 billion plan for subsidized loans to large industries hit hard by the outbreak, including the airlines, the AP reports. The Senate is expected to pass the bill Wednesday but it could take longer to pass in the House, which is out of session, unless lawmakers agree to pass it with unanimous consent, reports the Post.

The deal could still fall apart……

I still do not think the airlines deserve a bail-out……look what was wasted on an auto bail-out and how silly the financial bail-out was did nothing to help the nation….only the bottom lines of the corporations.

And when this virus thing is abated there will be a massive attempt to pay for this stimulus and us mere mortals will have to pay for the corporations getting freebies.

Any thoughts?

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–20Mar20

Time to bring back the punishment of a firing squad for profit takers in time of a national emergency……especially elected officials that could be acting on insider information….

It seems a couple GOPers have sold their stocks ahead of the pandemic getting worse……

At least two senators who received briefings on the coronavirus outbreak earlier this year publicly offered reassurances that America was ready and privately sold off large amounts of their stock holdings. Senate Intelligence Committee Chairman Richard Burr sold between $628,000 and $1.72 million of his holdings on Feb. 13, a week before the market started to tank, ProPublica reports. Records show that the stocks sold by Burr, a North Carolina Republican who was receiving daily briefings on the coronavirus outbreak at the time, included holdings in hotels, shipping firms, and other industries hit hard by the pandemic, reports the Washington Post. Burr’s net worth was estimated at $1.7 million in 2018, meaning the sale likely included most or all of his holdings, ProPublica notes.

Burr is also under scrutiny for remarks he made to a group of VIPs at a private luncheon on Feb, 27. He gave them warnings much stronger than anything he had said in public.”It is much more aggressive in its transmission than anything that we have seen in recent history,” he said, according to a recording obtained by NPR. “It is probably more akin to the 1918 pandemic.” The Daily Beast reports that Sen. Kelly Loeffler, the newest member of the Senate, sold up to $3 million in stock between Jan. 24, the day of a private all-senators meeting on the coronavirus threat, and mid-February. Loeffler, a Republican from Georgia, jointly owned the stocks with her husband, New York Stock Exchange chairman Jeffrey Sprecher. Government watchdogs have called for an ethics investigation to determine whether lawmakers profited from inside information, the Post reports.

Four Republican Senators have now been implicated in this coronavirus insider trading scandal. 1. Richard Burr (NC) 2. Jim Inhofe (OK) 3. Ron Johnson (WI) 4. Kelly Loeffler (GA)

If you would like more information…..https://www.rawstory.com/2020/03/republican-jim-inhofe-dumped-up-to-450000-in-stock-the-fourth-gop-senator-implicated-in-scandal-report/

They say that insider trading is hard to prove….but I say…if it walks like a duck, looks like a duck then these guys need to be held up as examples of how bad elected officials are……

Again I say bring back firing squads for those that betray the country in time of emergency.

I Read, I Write, You Know

“lego ergo scribo”

The Cash Scramble!

Just like the crash of ’08 businesses are scrambling to preserve their profits by getting the government to give them money……and now that the markets have slid another 3000 points the screams are growing louder by the day….

These daily slides have wiped out about 96% of the profits it created in the Trump years so far.  If this continues then Trump has lost his best re-election weapon.

How about those businesses like the airlines……seems everyone is scrambling to get a piece of the government’s pie.

“We’re going to be in a position to help the airlines very much,” President Trump said Monday when asked about possible government aid in the wake of the huge drop in passenger bookings. The airlines have now put an amount on that promise: $50 billion. That’s more than three times as much as they received after the 9/11 terrorist attacks, the Wall Street Journal reports; the tab for the auto industry bailout was $80 billion. Cash payments, loans and tax help could be part of the deal being discussed by the airlines with Trump administration officials and members of Congress. United Airlines said it plans to cut service in half for April and May because of the coronavirus outbreak and figures the flights it keeps running will only be one-fourth full. “We have to back the airlines,” Trump said. “It’s not their fault.”

The airlines also made a plea for urgency. “We cannot afford to wait long for assistance,” the A4A trade group said. “This is a today problem, not a tomorrow problem,” the group’s CEO said, per the Washington Post. Airports could ask for federal aid, too. “Airlines may be the most visible part of our aviation system,” a House GOP spokesman said, “but we have to ensure that a stabilization package addresses the needs of airports, regional and charter airlines, cargo airlines, manufacturers, and general aviation business.” An industry analyst called the plan “an aggressive request” but cautioned that it could be just a starting point. “You have to remember the A4A’s job is to shoot for the universe in hopes of getting the moon,” he said.

I say give the greedy bastards the money….but take it out of the Pentagon’s budget for it is pretty bloated.

My feelings are…”F*ck ’em”!

How much have they used to buy back their own stocks?  Maybe they should say screw short term gains and look to the future.

Just saying…….

And the games being played in the Congress is so typical of the gutless wonders we elect…..

With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses capsized by the coronavirus outbreak. Democrats said at least $750 billion would be needed, the AP reports. “We will need big, bold, urgent federal action to deal with this crisis,” Senate Democratic leader Chuck Schumer said Monday. Republicans did not object, as a roster of America’s big and small industries lined up for aid. Senate Majority Leader Mitch McConnell said he wants a comprehensive approach with “significant steps” for the economy, particularly Main Street businesses. Senators had returned to an emptied-out US Capitol, clear of tourists or House members, to confront an even more dire situation than the one they left for a long weekend, before Trump declared a national emergency.

Stuck in the Senate is the aid package approved Saturday by the House, with sick pay, free testing and emergency food. Some Republicans want changes, and the House has technical corrections to make. Treasury Secretary Steven Mnuchin, who negotiated the package with House Speaker Nancy Pelosi, arrived late Monday on Capitol Hill to confer with Senate GOP leaders, saying they were trying to fix the hangup and turn to next steps. The House, Senate and White House agree the pending bill is not nearly enough. The Chamber of Commerce called Monday for legislation including a three-month cancellation of the taxes companies pay to support Social Security, Medicare and unemployment insurance, for example. The Democrats’ plan would boost hospital capacity, unemployment insurance and other direct aid for households, businesses and the health care industry.

Not to worry the Senate will go on a three day hiatus just when we need their worthless asses to get things done…..so typical.

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–09Mar20

Let me start by saying I have a problem with 20-30 year old accusations…..I understand why some wait but I still do not think it is a good idea.

That brings me to a standing Congressman, Jim Jordan and the accusations swirling around him…..

Tito Vazquez says he still remembers the day three decades ago when, as a wrestler at Ohio State University, the doctor he’d gone to see about a bloody nose insisted on examining his genitals. He also recalls how one of his coaches dismissed his immediate complaint.

“‘I have nothing to do with this,'” Vazquez quoted the assistant coach saying, as he effectively ended the conversation and went on
with wrestling practice.
 
As I have written these are allegations so far…..
 
Jordan needs to resign and ride out this news….if other have had to resign because of allegations then this person should as well.
 
That is one thing I dislike about our Congress….there is seldom equal justice…one party prides itself on its integrity (it was hard to type that) and the other prides itself on its playing loose with the rules.
 
I Read, I Write, You Know
 
“lego ergo scribo”

Closing Thought–02Mar20

Who was Emmet Till?

He was a black teenager tortured and lynched in Mississippi in 1955……and finally the US government has voted to make lynching a hate crime after 65 years and 200 attempts to make it a hate crime…..

Sixty-five years after 14-year-old Emmett Till was lynched in Mississippi, the House has approved legislation designating lynching as a hate crime under federal law, the AP reports. The Emmett Till Antilynching Act, introduced by Illinois Rep. Bobby Rush, comes 120 years after Congress first considered anti-lynching legislation and after dozens of similar efforts were defeated. The measure was approved 410 to 4 on Wednesday. The Senate unanimously passed virtually identical legislation last year, although that bill wasn’t named for Till. President Trump is expected to sign the bill, which designates lynching as a federal hate crime punishable by up to life in prison, a fine, or both. One of the four who voted no, Republican Ted Yoho, tells CNN he did so because the bill represents “overreach” by the federal government, interfering with state’s rights.

The other “no” votes came from Republicans Louie Gohmert and Thomas Massie and independent Justin Amash. Rush, a Democrat whose Chicago district includes Till’s former home, said the bill will belatedly achieve justice for Till and more than 4,000 other lynching victims, most of them African Americans. Till, who was black, was brutally tortured and killed in 1955 after a white woman accused him of grabbing her and whistling at her in a Mississippi grocery store. The killing shocked the country and stoked the civil rights movement. Congress has failed to pass anti-lynching legislation nearly 200 times, starting with a bill introduced in 1900 by North Carolina Rep. George Henry White, the only black member of Congress at the time. “This justice is long overdue,” said Sen. Kamala Harris, who along with Cory Booker and Tim Scott co-sponsored the Senate version of the bill.

All I can say it is about goddamn time!

This news in conjunction with the news that Minnesota voted down the law that allowed slavery as a punishment.

My take on the news…..https://lobotero.com/2020/02/24/closing-thought-24feb20/

I Read, I Write, You Know

“lego ergo scribo”

Curb Your Mercenaries

Closing Thought–27Nov19

Speaking of Mercenaries…..

It is not secret that I do not think that the country needs to use mercenaries….my bad….security consultants…..that is why we spend so much on our military so we do not have to go elsewhere for our soldiers.

The US has its Blackwater or whatever they are calling themselves these days and other such “security firms”…they are being used in Afghanistan and Iraq and probably every other country in which we have a fight going on……

I bring this up because of something our Congress did…..they chastised Russia for using mercenaries in Libya….

My first reaction was…SAY WHAT?

Congress is preparing bipartisan sanctions on Russian mercenaries and other suspected human rights violators in Libya, Al-Monitor has learned, as the Donald Trump administration looks to use the recent entry of Moscow-linked paramilitaries into the conflict to reinvigorate a long-dormant American strategy in the war-torn country.

Foreign relations committee member Sen. Chris Coons, D-Del., and Trump ally Sen. Lindsey Graham, R-S.C., are set to introduce legislation codifying Treasury Department sanctions to limit Russian proxy activity. The bill would require President Trump to slap visa bans and freeze US property for arms traffickers, those illegally exploiting Libya’s vast supplies of crude oil and human rights abusers.

Sens. Marco Rubio, R-Fla., and Chris Murphy. D-Conn., are also expected to sign onto the legislation, sources familiar with the bill say. The legislation also would require the United States to work with humanitarian organizations to ensure that aid be delivered in the country. “We just wanted Congress to weigh in and give a carrot-and-stick approach,” a House aide told Al-Monitor.

 
Now that is the height of hypocrisy……condemn a nation for doing what we are doing….
 
If it is wrong in Libya then it is wrong every fucking where!
 
Must prepare for the day tomorrow……lots of cooking ahead.
 
I Read, I Wrote, You Know
 
“Lego Ergo Scribo”

How Could This Be?

That is the question so many people and pundits alike are asking about the state of our democracy…..so many reasons and so little time to correct the discrepancies…..

I guess we can blame the Dems or the GOP or the nation as a whole or fear or a wealth of other reasons but to me there is only one reason…..

Ever heard of the Telecommunications Act of 1996?

Of course you have not…..for it is too mundane for your attention as long as Swamp People is renewed to care.

President Bill Clinton signed the Telecommunications Act of 1996. The act, signed into law on February 8, 1996, was “essentially bought and paid for by corporate media lobbies,” as Fairness and Accuracy in Reporting (FAIR) described it, and radically “opened the floodgates on mergers.”

The negative impact of the law cannot be overstated. The law, which was the first major reform of telecommunications policy since 1934, according to media scholar Robert McChesney, “is widely considered to be one of the three or four most important federal laws of this generation.” The act dramatically reduced important Federal Communications Commission (FCC) regulations on cross ownership, and allowed giant corporations to buy up thousands of media outlets across the country, increasing their monopoly on the flow of information in the United States and around the world.

“Never have so many been held incommunicado by so few,” said Eduardo Galeano, the Latin American journalist, in response to the act.

Democracy in Peril: Twenty Years of Media Consolidation Under the Telecommunications Act

To me all this division has been fed by the corporate media to drive the news cycle to what they want the reports to be.

But do not take my word for it….this is the summary offered by the Clinton White House of what the act contains….

…this legislation will lead all Americans into a more prosperous future by preparing our economy for the 21st Century and opening wide the door to the Information Age.

Universal Service

The President and Vice President want to ensure that all Americans have access to the benefits of the information superhighway. The Act ensures that schools, libraries, hospitals and clinics have access to advanced telecommunications services, and calls for them to be connected to the information superhighway by the year 2000. It will help connect every school child in every classroom in America to the information superhighway — opening up worlds of knowledge and opportunities in rural and low-income areas.

The V-Chip

Because President Clinton and Vice President Gore believe strongly that families should be able to exercise control over how the media influences their children, the Act includes a provision calling for a computer chip, called the V-Chip, to be installed in every new television set. This provision is critical to give parents control of the television programming that comes into their homes by allowing them to block electronically violent or other objectional material.

Media Ownership

Because President Clinton and Vice President Gore believe that diversity of voices and viewpoints is critical to our democracy, the Act will prevent undue concentration of television and radio ownership. The Act limits the number of stations one entity can own to stations that reach up to 35 percent of all national TV viewers, and keeps existing rules that forbid one

company from owning two TV stations in a local market, or a newspaper and TV station in the same market, or a newspaper and cable in the same market. The Act also maintains the ownership ban of a cable company and a broadcast company in the same market.

Phone Service

The President and Vice President believe that when the walls of regulations are brought down, prices come down for American consumers. This Act breaks down the Berlin Walls of regulation that previously kept local Bell Telephone companies and long-distance telephone companies from competing with one another, while keeping safeguards in place to ensure competition and serve the public interest.

Fancy words….that shows the ends that the MSM will go to own the news and the news cycle…..as well as making certain candidates proper for the American voter…

Is it any wonder that the nation’s “liberal” cable news stations CNN and MSNBC can barely contain their disdain for Bernie Sanders’ presidential campaign and even (to a lesser degree) for that of Elizabeth Warren while they promote the nauseating center-right candidacies of the bewildered racist and corporatist Joe Biden, the sinister neoliberal corporate-militarist Pete Butiggieg and even the marginal Wall Street “moderates” Amy Klobuchar and Kamala Harris? Next time you click on these stations, keep a pen and paper handy to write down the names of the corporations that pay for their broadcast content with big money commercial purchases.

Money Talks, Bullshit Walks on Cable News

I Read. I Wrote, You Know

“Lego Ergo Scribo”