“They’re going to call you socialists anyways”: Progressives slam 109 Dems for backing GOP stunt

“They’re going to call you socialists anyways”: Progressives slam 109 Dems for backing GOP stunt

Here’s what this is really about: More and more members on the other side of the aisle are calling for cuts to Social Security and Medicare, and many have referred to these programs as “socialism” throughout their existence. The other night in the Rules Committee they showed their cards. Republicans refused an amendment to declare that Social Security and Medicare is not socialism. This resolution is little about intelligent discourse and everything to do about laying the groundwork to cut Social Security and Medicare.

‘Socialism’ for me, but not for thee?!

“Most transparent administration in history” stops publishing military expenditures, arms transfers report

“Most transparent administration in history” stops publishing military expenditures, arms transfers report

They make no mention of Hunter Biden’s Burisma dealings but emphasize his business deals with a defunct Chinese business. 🙄

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Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

It’s factually incorrect for the Fed Chairman to say that it can only make emergency loans with the approval of the Treasury. Months before there was any case of COVID-19 anywhere in the world the Fed was making hundreds of billions of dollars a week in emergency repo loans to Wall Street trading houses. The emergency loans started on September 17, 2019 – four months before the first reported case of COVID-19 in the United States. By January 27, 2020 the Fed’s ongoing cumulative loans to bail out Wall Street’s hubris tallied up to an astounding $6.6 trillion. (See Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash.)