Tag: Government Accountability Office

Fed Chair Powell Opens a Big Can of Worms at His Press Conference

Tina Marie (Ms. Cat)

Fed Chair Powell Opens a Big Can of Worms at His Press Conference

What the Fed did back then, which it knows it can still do at the drop of a dime today, is to demand an adequate amount of securities as collateral from the Wall Street firms that request its emergency loans. There is zero need or rational reason to make the U.S. taxpayer backstop potential losses on Wall Street – particularly when today’s Wall Street funding problems began months before COVID-19 reared its head in the United States.

Report Details How Taxpayers Subsidize Cruel Low Wages Paid by Corporate Giants

Tina Marie (Ms. Cat)

Report Details How Taxpayers Subsidize Cruel Low Wages Paid by Corporate Giants

Upon the study’s release Wednesday, Warren Gunnels, staff director and policy adviser for Sanders, tweeted: “The real looting in America is the Walton family becoming $63 billion richer during a pandemic, while paying wages so low that 14,541 of their workers in 9 states need food stamps — all subsidized by U.S. taxpayers. Yes. The Walton family is the real welfare queen in America.”

Related:

Walmart and McDonald’s have the most workers on food stamps and Medicaid, new study shows

Report – Chad Wolf’s Wife Works At Firm That Received $6 Million In DHS Contracts

Tina Marie (Ms. Cat)

Report – Chad Wolf’s Wife Works At Firm That Received $6 Million In DHS Contracts

“After Mr. Wolf joined DHS, it began pumping millions of dollars into his wife’s firm, which also happens to be his largest financial asset,” Kyle Herrig, who leads the left-leaning watchdog group Accountable.US, told NBC. “The arrangement is highly problematic and warrants congressional scrutiny.”