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Thread: Pelosi aims to move fast on next rescue package

  1. #1

    Exclamation Pelosi aims to move fast on next rescue package

    The speaker is eager to include Democratic priorities in any coronavirus relief bill.




    https://www.politico.com/news/2020/03/30/pelosi-move-fast-rescue-package-155920
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst



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  3. #2


    We should just call it what it is. Unlimited QE.

    We're being governed ruled by a geriatric Alzheimer patient/puppet whose strings are being pulled by an elitist oligarchy who believe they can manage the world... imagine the utter maniacal, sociopathic hubris!

  4. #3
    Pelosi grants money to unions and other entities, they give a cut back as “donations” to the DNC and Pelosi. It’s a criminal enterprise.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  5. #4
    Overblown Crisis = UNLIMITED POWERS FOR FEDERAL GOV

    V for Vendetta should be no #1 watched movie in a World right now

  6. #5
    Quote Originally Posted by Pauls' Revere View Post


    We should just call it what it is. Unlimited QE.
    Fed started 6 more months of crazy QE today . Giving foreign central banks freshly printed dollars for treasuries that do not go up for action , thus no chance interest or yields go up by a lot of selling . So the foreigners get dollars to loan to banks there for nothing and those banks use those dollars to pay for whatever .

  7. #6
    Quote Originally Posted by Brian4Liberty View Post
    Pelosi grants money to unions and other entities, they give a cut back as “donations” to the DNC and Pelosi. It’s a criminal enterprise.
    The DNC is truly the largest US criminal enterprise .

  8. #7
    Quote Originally Posted by Pauls' Revere View Post


    We should just call it what it is. Unlimited QE.
    The real name: Massive theft. They're basically stealing every dollar of value left under the Treasury trust, that Americans have earned for the last 90 years, in one last big blowout free-for-all crony handout party.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  9. #8
    Quote Originally Posted by oyarde View Post
    The DNC is truly the largest US criminal enterprise .
    Last I checked, checked and re-checked, they were head to head, toe to toe even with the RNC. Has something miraculously changed since this morning?
    ____________

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  11. #9
    Quote Originally Posted by oyarde View Post
    The DNC is truly the largest US criminal enterprise .
    The (D)s are only half the problem.

  12. #10
    The RNC is novice compared to the dems . Anyway now that everyone sees you truly live in a world of worthless paper currencies I hope everyone has a little real money and what else they need . Pelosi is working on a bill now ( few trillion) including bailouts for health care workers , people with the corona , water systems , broadband , energy grid, food stamps , welfare , mental health . This bill will be brought to vote in the house after Easter.

  13. #11
    Quote Originally Posted by devil21 View Post
    The real name: Massive theft. They're basically stealing every dollar of value left under the Treasury trust, that Americans have earned for the last 90 years, in one last big blowout free-for-all crony handout party.
    Did you heard BlackRock is in on the operation.

    https://www.reuters.com/article/us-h...-idUSKBN21B3E0

    Although they say they are waiving fees to The NY FED.

    https://markets.businessinsider.com/...0-3-1029041665

    The Federal Reserve Bank of New York is introducing guidelines to curb BlackRock, the world's largest asset manager, from unfairly profiting from its contract to buy bonds from the US government as a part of monetary stimulus amid the coronavirus pandemic.
    BlackRock will waive asset management fees on ETFs purchased on behalf of the Federal Reserve Bank of New York and will credit back the value of all underlying fees and income earned on its ETFs bought for the program, according to a document published Friday.
    Earlier this week, the Fed engaged BlackRock to purchase tens of billions of bonds as part of the massive debt-buying program it rolled out to bolster the US economy during the coronavirus outbreak.

    BlackRock essentially is acting as a central bank.
    Last edited by Pauls' Revere; 03-31-2020 at 12:12 PM.

    We're being governed ruled by a geriatric Alzheimer patient/puppet whose strings are being pulled by an elitist oligarchy who believe they can manage the world... imagine the utter maniacal, sociopathic hubris!

  14. #12
    Quote Originally Posted by Pauls' Revere View Post
    Did you heard BlackRock is in on the operation.

    https://www.reuters.com/article/us-h...-idUSKBN21B3E0

    Although they say they are waiving fees to The NY FED.

    https://markets.businessinsider.com/...0-3-1029041665

    The Federal Reserve Bank of New York is introducing guidelines to curb BlackRock, the world's largest asset manager, from unfairly profiting from its contract to buy bonds from the US government as a part of monetary stimulus amid the coronavirus pandemic.
    BlackRock will waive asset management fees on ETFs purchased on behalf of the Federal Reserve Bank of New York and will credit back the value of all underlying fees and income earned on its ETFs bought for the program, according to a document published Friday.
    Earlier this week, the Fed engaged BlackRock to purchase tens of billions of bonds as part of the massive debt-buying program it rolled out to bolster the US economy during the coronavirus outbreak.

    BlackRock essentially is acting as a central bank.
    Yep, Blackrock is acting as the intermediary between the Treasury and the Fed so that the Fed doesn't technically violate the laws prohibiting the Fed from buying Treasuries and stocks and whatever else directly from the Treasury and stock markets. In reality, there's not really any substantive separation between the Fed, BR and the UST outside of their paper charters designating them as separate corporate entities. It's one big umbrella corporation playing shell games through its subsidiary corps. Think of it like Verizon, which owns OATH, which owns Yahoo and Flickr. Yahoo and Flickr are shifting numbers around between each other, as if they're entirely separate businesses. It's the method they're using to unwind the global petrodollar/treasury recycling scheme under the virus cover story.
    Last edited by devil21; 03-31-2020 at 01:17 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  15. #13
    Quote Originally Posted by oyarde View Post
    The RNC is novice compared to the dems . Anyway now that everyone sees you truly live in a world of worthless paper currencies I hope everyone has a little real money and what else they need . Pelosi is working on a bill now ( few trillion) including bailouts for health care workers , people with the corona , water systems , broadband , energy grid, food stamps , welfare , mental health . This bill will be brought to vote in the house after Easter.
    We never could have gotten into such a mess without the REAL Republicans half of the D&R party.

    God bless the RINO's, DINO's, Second Party's & Independents.
    Last edited by RonZeplin; 03-31-2020 at 01:31 PM.
    Quote Originally Posted by Swordsmyth View Post
    You only show up to attack Trump when he is wrong
    Make America the Land of the Free & the Home of the Brave again

  16. #14
    Quote Originally Posted by devil21 View Post
    Yep, Blackrock is acting as the intermediary between the Treasury and the Fed so that the Fed doesn't technically violate the laws prohibiting the Fed from buying Treasuries and stocks and whatever else directly from the Treasury and stock markets. In reality, there's not really any substantive separation between the Fed, BR and the UST outside of their paper charters designating them as separate corporate entities. It's one big umbrella corporation playing shell games through its subsidiary corps. Think of it like Verizon, which owns OATH, which owns Yahoo and Flickr. Yahoo and Flickr are shifting numbers around between each other, as if they're entirely separate businesses. It's the method they're using to unwind the global petrodollar/treasury recycling scheme under the virus cover story.
    It gets better.

    http://www.ronpaulforums.com/forum.php

    Credit to Bern for posting about FIMA which the FED announced just last Tuesday.

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    The Fed got the message apparently...

    The Federal Reserve on Tuesday announced the establishment of a temporary repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) to help support the smooth functioning of financial markets, including the U.S. Treasury market, and thus maintain the supply of credit to U.S. households and businesses. The FIMA Repo Facility will allow FIMA account holders, which consist of central banks and other international monetary authorities with accounts at the Federal Reserve Bank of New York, to enter into repurchase agreements with the Federal Reserve. In these transactions, FIMA account holders temporarily exchange their U.S. Treasury securities held with the Federal Reserve for U.S. dollars, which can then be made available to institutions in their jurisdictions. This facility should help support the smooth functioning of the U.S. Treasury market by providing an alternative temporary source of U.S. dollars other than sales of securities in the open market. It should also serve, along with the U.S. dollar liquidity swap lines the Federal Reserve has established with other central banks, to help ease strains in global U.S. dollar funding markets.

    The Federal Reserve provides U.S. dollar-denominated banking services to FIMA account holders in support of Federal Reserve objectives and in recognition of the U.S. dollar's predominant role as an international currency. The FIMA Repo Facility, which adds to the range of services the Federal Reserve provides, will be available beginning April 6 and will continue for at least 6 months.

    https://www.federalreserve.gov/newse...y20200331a.htm

    We're being governed ruled by a geriatric Alzheimer patient/puppet whose strings are being pulled by an elitist oligarchy who believe they can manage the world... imagine the utter maniacal, sociopathic hubris!

  17. #15
    We've been covering what's really going on for months in the Treasury markets in this thread in the econ subforum:
    http://www.ronpaulforums.com/showthr...Nobody-Noticed
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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