TroglocratsRdumb
Diamond Member
- Aug 11, 2017
- 36,241
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Always remember the Democrat mottoWe all remember how Repubs were all about fending off a recession while Dubya was still prez. They helped pass TARP, which authorized $700B for the purchased of distressed assets to prop up the financial system. They also helped pass what was essentially phase 1 of the auto company bailout. Bush announces $17.4 billion auto bailout
Then came Obama's landslide election and suddenly Repubs became quite concerned about the size of the budget deficits. They would spend years sabotaging the recovery under the guise of that mantra.
With another Repub in the Oval Office at a time of great economic strain congressional Repubs have had no qualms with spending trillions of dollars to boost the economy in order to enhance Big Fat Don's chances of re-election. Budget deficits be damned.
However, they are beginning to understand the political cost of the nation's debt expanding so massively while a (R) is prez. After all, they have pretended for years to care about deficits and have duped their constituency in to believing they are fiscal conservatives (nothing could be further from the truth).
Enter one of the most conniving, deceitful politicians to ever disgrace the Senate chamber. Someone who sees the potential danger to the fortunes of Repubs over all the spending. What's a cretin to do?
McConnell Calls General Relief for States ‘Blue State Bailouts’
Bush announces $17.4 billion auto bailout
The terms of the loans require that the firms radically restructure and show they can become profitable soon.www.politico.com
"Right now state and local governments are dealing with most of the front-line responsibilities for battling coronavirus at a time when the economic collapse is destroying their revenue bases; unlike the feds, they can’t just print money, and most toil under balanced-budget requirements. So they could use some no-strings help, but the party of Richard Nixon is hostile to the idea, even though Republicans completely control 21 states and share power in 14 others.
Democrats had to champion aid to state and local coronavirus efforts as part of the big $2.2 trillion coronavirus stimulus bill enacted nearly a month ago, and were able to secure $150 billion. With governors of both parties calling for $500 billion for states alone prior to passage of the “interim” stimulus bill that has passed the Senate and is pending in the House, Democrats went to the well again, but only got permission for states to use money unobligated from the first pot of money for general fiscal purposes. Donald Trump tweeted support for doing something for the “lost revenues” the states have experienced in the next stimulus bill — which is presumably the final one, at least before the election. But now Mitch McConnell is pumping the brakes, and complaining about the profligate states and how they don’t deserve help:"
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Leave it to a piece of slime like McTreason to wordsmith the ubiquitous need on the part of all states who have seen their revenue base markedly decline by trying to define it as a "blue state" problem. Repubs and right wing media have already worked exhaustively to deflect blame away from Trump for his failed response to the virus. Now McTurtle is ready to pitch in by putting blame on blue states for a crisis not of their making.
"Never let a good crisis go to waste"
The Democrat Politicians are worse looters than the Democrat Voters