Tag: Ayn Rand

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

Tina Marie (Ms. Cat)

The US Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

Rand Paul blasts DC priorities: No one hit by severe Kentucky floods asked me to send more foreign aid

Tina Marie (Ms. Cat)

Sen. Rand Paul, R-Ky., called out the “enormous disconnect” between Congress’ priorities and those of their constituents, as billions of taxpayer dollars have gone to foreign aid while people in his own state have little to no help with deadly flood recovery.

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For his part, Paul is locked in a midterm election battle with progressive former state Rep. Charles Booker, D-Louisville.

Rand Paul blasts DC priorities: No one hit by severe Kentucky floods asked me to send more foreign aid

Related:

Rand Paul is Being Dragged For Requesting Federal Aid For His Tornado-Ravaged State After Routinely Voting Against Past Disaster Relief Bills

In 2013, after Hurricane Sandy devastated parts of the Northeast, including New York, Paul voted against a bill providing recovery funds. In 2017, he voted against relief sent to Puerto Rico after it was pounded by Hurricane Maria, as well as assistance for Texas after it was hit by Hurricane Harvey. In 2019, he voted against a sweeping bill that earmarked $17.2 billion in disaster relief funding to several federal agencies.

Who are the 11 senators who voted against the burn pits bill for veterans?

Political commentators were less surprised to see Mr Paul oppose the bill, as the libertarian frequently opposes federal spending — unless it directly benefits him.

The Different Ways That US And Chinese Governments Use Their Power

Tina Marie (Ms. Cat)

Russia’s war on Ukraine both reflects and deepens a global split that should remind us of Karl Marx’s famous remark: “No social order ever disappears before all the productive forces, for which there is room in it, have been developed; and new higher relations of production never appear before the material conditions of their existence have matured in the womb of the old society.” The United Kingdom already lost its particular social order—its empire—while the United States is now losing its.

The Different Ways That US And Chinese Governments Use Their Power