I get the sense a backlash is coming. Follow along with me here. You pour your resources into a business. The government shuts it down because of COVID. You can get PPP, but your employees will be pissed at you because they’ll make more from unemployment. You can’t survive. You go out of business. Or you take the PPP, but costs go up, and you can’t make ends meet. You struggle to survive or go out of business.
Even many Democrats I know are confused about this bailout. Worse yet, they are beginning to have real doubts about whether their party cares about them and their concerns. The Biden 2024 campaign does not want to have their loyal voters doubting whether this President cares about their problems instead of those of the famous “top 1%”.
The realignment of the political parties Donald Trump began is proceeding without him in the White House. It just might sweep the left into the dustbin of American political history in much the same way that Margaret Thatcher’s Tories did a similarly extreme left Labour Party in the 1980s. And if it happens, Democrats will have only themselves to blame.
But the analogy of “burn it all down” is backwards. We want to stop them from the burning it all down. They are burning it all down. The working foundation of any functioning democracy is a strong and healthy middle working class and small business economy. But the independence of a strong and healthy middle working class and small business economy is a threat to Wall Street and the elites that feed off it. It also goes counter to the WEF Globalist agenda. Better to consolidate power and control in a globalist corporatist model. Then put out one global moral crisis after another to leverage that power to punch down and oppress the individual and smalls… put the final boot on their neck to destroy their independence and force them into dependent servitude. But bailout all the mistakes made that impact the elites… and of course the mistakes are big because they are from federal policies based on a totalitarian agenda.
I own a small business that just got off the ground 9 months before I was forced to shut down. It destroyed my business plan and forced me to use retirement saving to keep from going under. 3 years later and we are still not profitable yet because of inflation, supply chain problems and corporate consolidation in the distribution and retail space. I got very little government assistance to cover the financial harm caused. Meanwhile another business that I run… one that makes loans to small business… sees fat PPP and EIDL cash on balance sheets of business that never needed the assistance. For example trucking companies. Restaurants, salons, bars, hotels, entertainment venues, etc… these small businesses got wiped out. And yes, the bailout of elites is generating renewed anger.
But I think this is just another planned moral (global… see Credit Suisse) crisis that the totalitarians will attempt to leverage with more regulations that kills small community and regional banks to consolidate more to a few big banks that the Wall Street corporatists can better control. I think they knew that a rapid rise in interest rates would cause this crisis.
I think they want a real war with Russia because one a war is declared they can arrest and silence dissent… another moral global crisis they can leverage to secure their totalitarian control.
No, they are burning it all down. Trump is the firehose to put out the fires. Except for the TDS fires burning in the uncontrolled emotions of haters from mean Tweets.
Since I heard two different financial "experts" say today that we really don't need so many banks, your comment about regulations that kill small community and regional banks rings true with a vengeance. May I also mention that the democrats don't seem overly worried about being able to beat whoever the republican candidate is.
So, why did SVP exist? Probably because the traditional banks wanted nothing to do with companies losing money and burning through cash. But you’d think these geniuses would have hired financial people who know how to manage those risks.
This bailout is another disaster, just like many other poor decisions of the current administration. I hope we can find the best leader of the new wave. Maybe we should forgive Small Business Loans too while we are giving away more money. But don't worry, We were told this would not cost any taxpayer money.
There is no way in heaven or earth that DRT can win a national election. There will not be enough anger to coalesce the coalition necessary to win a general election. Suburban women, college educated centrists who can swing either way if one side sounds more reasonable than the other, Republicans burned all to smack by Trump's antics culminating on January 6, pretty much leaves the true believers in the plus column. Any other Republican, and I mean ANY other Republican can reap the benefit of what you are talking about. But Trump is now exposed for what he is, there are no surprises left in the bag and he will do what he's been great at doing since 2017, helping the GOP lose very winnable elections. Anyone is free to argue with me until you are blue in the face but I am as sure about this as I am that the sun rises in the morning. Don't waste your typing or your breath. Just watch and learn.
For me, it’s not an economic issue. It’s about access and responsiveness.
There was two disasters recently. One was in East Palestine, Ohio and it barely registered within the halls of power for weeks. The other was in Silicon Valley and the problem was identified and solved over a single weekend.
The government responds to elite concerns and ignores the problems that affect huge sections of the country that forms have access to the power levers of government.
And this isn’t a right/left or conservative/liberal issue.
It’s a fundamental and existential problem for the country
Sorry, Eric, I hope there is a backlash coming; but until at least 50.01% of voter-aged citizens (because too many who are capable of voting don't care enough to bother with it) actually care about more than their next ten minutes, I fear we will remain in free-fall... and the bottom is rushing toward us now. Rush talked frequently about "mind-numbed robots." Today, self is all that matters to far too many, regardless of which "side" of right or wrong you can pin them down to admitting their allegiance to. Until enough Americans are astute to what's happening and care enough to actually invest some of their time and efforts into something other than themselves, we can talk and write our outrage until our tongues and fingers are as numb as society's collective mind, and it won't matter. But I'm not giving up; my five grand kids need America to be as great is it can possibly be.
I'll believe it when I see it, Erick. After what happened in the 2022 mid-terms I have lost confidence in the judgement of the American people. I don't care how much one objected to Trump's candidate picks ( I don't like him nor any of the election deniers ) at LEAST putting them in office would have kept the democrats OUT of office. I just don't know why any conservative American could not see that. I will vote for a Republican cardboard cutout of Elvis to keep the Democrats from any position of power.
Erick, you point out all these things but you leave out the REAL reason. We have the ONE WORLD GOV. in Washington running this country and wanting to completely take it over along with other countries in the near future. They will make sure we never have another honest election because when Trump beat Hillary, they will make sure that never happens again.
We see them with another approach in CA where they want to give some people millions, yes millions to one of many people and then guess who will pay for it in taxes. Yes, us tax payers.
They are messing up our children's education so they have no clue as to what is happening. Even some of my grand children have been in those schools and it shows.
But we can see that it is ALL about the wealthy as they are the ones in control and will remain in control until the Lord comes. And He is coming soon.
Biden is the second term of Hillary Will Never Be President. I am comforted by that. Where my fear lies is that enough of the American people haven't yet connected the dots between how Big Tech and the State Run Propaganda outlets manipulate them through their selective reporting. I do think the pendulum is about to reach it's peak woke and begin swinging the other way. The 2024 election will be an indicator of if that's true or not and how fast that pendulum swings back. You might be right on this one but they didn't get angry with TARP. Why should this one be any different as long as they still get their big tax return on time?
Even many Democrats I know are confused about this bailout. Worse yet, they are beginning to have real doubts about whether their party cares about them and their concerns. The Biden 2024 campaign does not want to have their loyal voters doubting whether this President cares about their problems instead of those of the famous “top 1%”.
The realignment of the political parties Donald Trump began is proceeding without him in the White House. It just might sweep the left into the dustbin of American political history in much the same way that Margaret Thatcher’s Tories did a similarly extreme left Labour Party in the 1980s. And if it happens, Democrats will have only themselves to blame.
Couldn’t agree more. We need to “ vote out” those that have been their two terms . Whether the house or senate.
Will compare education with you any time compadre.
I woke up this morning and decided to be a Banker. It will be my new career, and my strategy is brilliant.
I will take unlimited deposits, but only up to the new FDIC UNLIMITED coverage.
I will take all the money and go to Vegas once a week to bet it at the craps table.
If I win, I guarantee you get a dividend matching your deposits. Double your money.
If I lose the FDIC will cover you, and I will reopen the next day under a new name.
So, my new bank’s name is “Groundhog’s Day”.
You can send your inquiries to www.BrandonBrokeTheBankingSystem.com.
Cheers
Bingo!
But the analogy of “burn it all down” is backwards. We want to stop them from the burning it all down. They are burning it all down. The working foundation of any functioning democracy is a strong and healthy middle working class and small business economy. But the independence of a strong and healthy middle working class and small business economy is a threat to Wall Street and the elites that feed off it. It also goes counter to the WEF Globalist agenda. Better to consolidate power and control in a globalist corporatist model. Then put out one global moral crisis after another to leverage that power to punch down and oppress the individual and smalls… put the final boot on their neck to destroy their independence and force them into dependent servitude. But bailout all the mistakes made that impact the elites… and of course the mistakes are big because they are from federal policies based on a totalitarian agenda.
I own a small business that just got off the ground 9 months before I was forced to shut down. It destroyed my business plan and forced me to use retirement saving to keep from going under. 3 years later and we are still not profitable yet because of inflation, supply chain problems and corporate consolidation in the distribution and retail space. I got very little government assistance to cover the financial harm caused. Meanwhile another business that I run… one that makes loans to small business… sees fat PPP and EIDL cash on balance sheets of business that never needed the assistance. For example trucking companies. Restaurants, salons, bars, hotels, entertainment venues, etc… these small businesses got wiped out. And yes, the bailout of elites is generating renewed anger.
But I think this is just another planned moral (global… see Credit Suisse) crisis that the totalitarians will attempt to leverage with more regulations that kills small community and regional banks to consolidate more to a few big banks that the Wall Street corporatists can better control. I think they knew that a rapid rise in interest rates would cause this crisis.
I think they want a real war with Russia because one a war is declared they can arrest and silence dissent… another moral global crisis they can leverage to secure their totalitarian control.
No, they are burning it all down. Trump is the firehose to put out the fires. Except for the TDS fires burning in the uncontrolled emotions of haters from mean Tweets.
Since I heard two different financial "experts" say today that we really don't need so many banks, your comment about regulations that kill small community and regional banks rings true with a vengeance. May I also mention that the democrats don't seem overly worried about being able to beat whoever the republican candidate is.
So, why did SVP exist? Probably because the traditional banks wanted nothing to do with companies losing money and burning through cash. But you’d think these geniuses would have hired financial people who know how to manage those risks.
This bailout is another disaster, just like many other poor decisions of the current administration. I hope we can find the best leader of the new wave. Maybe we should forgive Small Business Loans too while we are giving away more money. But don't worry, We were told this would not cost any taxpayer money.
There is no way in heaven or earth that DRT can win a national election. There will not be enough anger to coalesce the coalition necessary to win a general election. Suburban women, college educated centrists who can swing either way if one side sounds more reasonable than the other, Republicans burned all to smack by Trump's antics culminating on January 6, pretty much leaves the true believers in the plus column. Any other Republican, and I mean ANY other Republican can reap the benefit of what you are talking about. But Trump is now exposed for what he is, there are no surprises left in the bag and he will do what he's been great at doing since 2017, helping the GOP lose very winnable elections. Anyone is free to argue with me until you are blue in the face but I am as sure about this as I am that the sun rises in the morning. Don't waste your typing or your breath. Just watch and learn.
It makes sense why you write Fish Out Of Water, That is where you are and will stay until you get educated
Please check it out. The bank has been a LARGE contributor to liberal causes. I heard BLM and etc. got $73,000,,000.
For me, it’s not an economic issue. It’s about access and responsiveness.
There was two disasters recently. One was in East Palestine, Ohio and it barely registered within the halls of power for weeks. The other was in Silicon Valley and the problem was identified and solved over a single weekend.
The government responds to elite concerns and ignores the problems that affect huge sections of the country that forms have access to the power levers of government.
And this isn’t a right/left or conservative/liberal issue.
It’s a fundamental and existential problem for the country
Spot on, Tim!
OMG, such a great point Tim!
Sorry, Eric, I hope there is a backlash coming; but until at least 50.01% of voter-aged citizens (because too many who are capable of voting don't care enough to bother with it) actually care about more than their next ten minutes, I fear we will remain in free-fall... and the bottom is rushing toward us now. Rush talked frequently about "mind-numbed robots." Today, self is all that matters to far too many, regardless of which "side" of right or wrong you can pin them down to admitting their allegiance to. Until enough Americans are astute to what's happening and care enough to actually invest some of their time and efforts into something other than themselves, we can talk and write our outrage until our tongues and fingers are as numb as society's collective mind, and it won't matter. But I'm not giving up; my five grand kids need America to be as great is it can possibly be.
I'll believe it when I see it, Erick. After what happened in the 2022 mid-terms I have lost confidence in the judgement of the American people. I don't care how much one objected to Trump's candidate picks ( I don't like him nor any of the election deniers ) at LEAST putting them in office would have kept the democrats OUT of office. I just don't know why any conservative American could not see that. I will vote for a Republican cardboard cutout of Elvis to keep the Democrats from any position of power.
Just had a vision of Brandon and Trump doing Jailhouse Rock. :)
HAHAHAHAHA!!!!! And you'd probably get better representation out of that cardboard cutout of Elvis!!
Spot on, Erick!
Erick, you point out all these things but you leave out the REAL reason. We have the ONE WORLD GOV. in Washington running this country and wanting to completely take it over along with other countries in the near future. They will make sure we never have another honest election because when Trump beat Hillary, they will make sure that never happens again.
We see them with another approach in CA where they want to give some people millions, yes millions to one of many people and then guess who will pay for it in taxes. Yes, us tax payers.
They are messing up our children's education so they have no clue as to what is happening. Even some of my grand children have been in those schools and it shows.
But we can see that it is ALL about the wealthy as they are the ones in control and will remain in control until the Lord comes. And He is coming soon.
Biden is the second term of Hillary Will Never Be President. I am comforted by that. Where my fear lies is that enough of the American people haven't yet connected the dots between how Big Tech and the State Run Propaganda outlets manipulate them through their selective reporting. I do think the pendulum is about to reach it's peak woke and begin swinging the other way. The 2024 election will be an indicator of if that's true or not and how fast that pendulum swings back. You might be right on this one but they didn't get angry with TARP. Why should this one be any different as long as they still get their big tax return on time?
From your keyboard to God's ears, Erick.