The Looting Begins : Media Silent on Cost of Lock-Down

Its not just one thing. This virus is expediting the ushering in of the global order though. You'll wish and beg you had capitalism once this thing takes over the world.
All sides in this crises are determined to put it to a "good" use.
The question in my mind is always who profits and who pays?


American Workers Get a 4-Month Safety Net; Wall Street Gets a 4 to 5-Year Bailout

"The CARES Act will give workers an additional 13 weeks of unemployment benefits, on top of the typical 26 weeks – but only at the rate their state is paying – and those additional weeks will end on December 31 of this year...."

"Last year’s repo bailout by the New York Fed is still ongoing but it is now just one of a mind-numbing number of programs the New York Fed has rolled out to bail out Wall Street banks and trading houses.

"Once again, the money is flowing effortlessly to Wall Street in the trillions of dollars while 10,000 people waited in lines last Thursday in San Antonio, Texas in 90-degree heat to get food from a food pantry.

"The Wall Street programs are not going to last for just 4 months or to the end of the year as are the CARES Act’s programs for workers.

"They are going to last longer than they did during the 2008 financial crash."

Well, the fed keeps printing fantasy money and pumping wall street banks. I've been against it ever since bush 1 started giving too big to fail money, then O came and gave them 8 trillion more and trump has added another 4 trillion. You see how its working? The money will be worthless and soon and a global digital currency will be here just in time to take care of your needs..............the masses will love it but then the folks who readily took part in the festivities will have to pay a steep toll...................
 
Its not just one thing. This virus is expediting the ushering in of the global order though. You'll wish and beg you had capitalism once this thing takes over the world.
All sides in this crises are determined to put it to a "good" use.
The question in my mind is always who profits and who pays?


American Workers Get a 4-Month Safety Net; Wall Street Gets a 4 to 5-Year Bailout

"The CARES Act will give workers an additional 13 weeks of unemployment benefits, on top of the typical 26 weeks – but only at the rate their state is paying – and those additional weeks will end on December 31 of this year...."

"Last year’s repo bailout by the New York Fed is still ongoing but it is now just one of a mind-numbing number of programs the New York Fed has rolled out to bail out Wall Street banks and trading houses.

"Once again, the money is flowing effortlessly to Wall Street in the trillions of dollars while 10,000 people waited in lines last Thursday in San Antonio, Texas in 90-degree heat to get food from a food pantry.

"The Wall Street programs are not going to last for just 4 months or to the end of the year as are the CARES Act’s programs for workers.

"They are going to last longer than they did during the 2008 financial crash."
son, we can't help you. you deny where money is actually made. you think a printing press.
 
then O came and gave them 8 trillion more and trump has added another 4 trillion. You see how its working? The money will be worthless and soon and a global digital currency will be here just in time to take care of your needs......
I don't think we need to sacrifice our sovereign currency, but we do have to do a better job of ensuring it reaches the productive elements in our society instead of the parasites in the FIRE (Finance, Insurance, and REAL ESTATE) sector.
https://bsahely.com/2018/09/25/mode...-opposing-concepts-of-authority-john-laurits/
modern-money-mmt-circuit-modern-monetary-theory.jpg

"Modern Monetary Theory (MMT) was developed to explain the logic of running government budget deficits to increase demand in the economy’s consumption and capital investment sectors so as to maintain full employment.

"But the enormous U.S. federal budget deficits from the Obama bank bailout after the 2008 crash through the Trump tax cuts and Coronavirus financial bailout have not pumped money into the economy to finance new direct investment, employment, rising wages and living standards.

"Instead, government money creation and Quantitative Easing have been directed to the finance, insurance and real estate (FIRE) sectors.

"The result is a travesty of MMT, not its original aim."


The Use and Abuse of MMT - CounterPunch.org
 
then O came and gave them 8 trillion more and trump has added another 4 trillion. You see how its working? The money will be worthless and soon and a global digital currency will be here just in time to take care of your needs......
I don't think we need to sacrifice our sovereign currency, but we do have to do a better job of ensuring it reaches the productive elements in our society instead of the parasites in the FIRE (Finance, Insurance, and REAL ESTATE) sector.
https://bsahely.com/2018/09/25/mode...-opposing-concepts-of-authority-john-laurits/
modern-money-mmt-circuit-modern-monetary-theory.jpg

"Modern Monetary Theory (MMT) was developed to explain the logic of running government budget deficits to increase demand in the economy’s consumption and capital investment sectors so as to maintain full employment.

"But the enormous U.S. federal budget deficits from the Obama bank bailout after the 2008 crash through the Trump tax cuts and Coronavirus financial bailout have not pumped money into the economy to finance new direct investment, employment, rising wages and living standards.

"Instead, government money creation and Quantitative Easing have been directed to the finance, insurance and real estate (FIRE) sectors.

"The result is a travesty of MMT, not its original aim."


The Use and Abuse of MMT - CounterPunch.org
if all we do is hand out free money, we will all die. ask Venezuela and Vietnam citizens. you need private business to succeed in a country. the world will collapse.
 
then O came and gave them 8 trillion more and trump has added another 4 trillion. You see how its working? The money will be worthless and soon and a global digital currency will be here just in time to take care of your needs......
I don't think we need to sacrifice our sovereign currency, but we do have to do a better job of ensuring it reaches the productive elements in our society instead of the parasites in the FIRE (Finance, Insurance, and REAL ESTATE) sector.
https://bsahely.com/2018/09/25/mode...-opposing-concepts-of-authority-john-laurits/
modern-money-mmt-circuit-modern-monetary-theory.jpg

"Modern Monetary Theory (MMT) was developed to explain the logic of running government budget deficits to increase demand in the economy’s consumption and capital investment sectors so as to maintain full employment.

"But the enormous U.S. federal budget deficits from the Obama bank bailout after the 2008 crash through the Trump tax cuts and Coronavirus financial bailout have not pumped money into the economy to finance new direct investment, employment, rising wages and living standards.

"Instead, government money creation and Quantitative Easing have been directed to the finance, insurance and real estate (FIRE) sectors.

"The result is a travesty of MMT, not its original aim."


The Use and Abuse of MMT - CounterPunch.org
Those deficits worked better at the beginning of our deficit spending many decades ago. The value has lessened and lessened since then. If we stop it completely now, the economy might/will tank. We got used to deficit spending during the good times.
 
Those deficits worked better at the beginning of our deficit spending many decades ago. The value has lessened and lessened since then. If we stop it completely now, the economy might/will tank. We got used to deficit spending during the good times.
I think much of the spending you are referencing went to Wall Street speculators instead of funding public employment that would have enhanced aggregate demand.

The Use and Abuse of MMT - CounterPunch.org

"MMT was developed to explain the monetary logic in running budget deficits to support aggregate demand.

"This logic was popularized in the 1930s by Keynes, base on his idea of a circular flow between employers and wage-earners.

"Deficit spending was seen as providing public employment and hence consumer spending to absorb enough production to enable the economy to keep producing at a profit.

"The policy goal was to maintain (or recover) reasonably full employment.
 
Shops are being boarded up in California, Philadelphia and across the country as America anticipates widespread social unrest, as the coronavirus lock-down strangles the economy and emboldens sociopathic elements, a little at time. Criminal gangs understand well that police response is slowed or stopped, and can see the street empty of normally vibrant small shop life with normal people milling about and being the eyes and ears of the street.


pottery%20barn.jpg

source: https://www.zerohedge.com/political/...-beverly-hills

west%20elm.jpg


source: https://www.zerohedge.com/political/...-beverly-hills

As always local news affiliates are picking up the slack that national networks will not report.

CBS Philly


Burglaries are exploding. Not hard to see the writing on the wall.

Seattle burglary explodes 87% downtown after coronavirus policy, crisis
Seattle coronavirus crime concerns have become fully realized. Burglary cases have exploded in Seattle’s west precinct since the coronavirus stay-at-home order and a county policy prohibiting most misdemeanor jail bookings went into effect. These cases are also up significantly citywide. A little over a week ago, officers argued the booking policy would result in a criminal “free for all.”


Looters in broad daylight in California, and that was weeks ago:

Santa Cruz
santa%20cruz%20robber%203.png

Source: https://www.zerohedge.com/markets/de...mo-hits-record

In a viral video from Italy a man explains he is out of food. Even with government help many will fall through the "cracks" of the informal economy.



Many people are not taking their meds. Many people have spent their savings. And some, not many, but a dangerous few, are ready to take full advantage of the situation.

What now, Fauci?


Is it any shock that the Native Sicilians in Palermo have no moneys to buy food and are being on order of the filthy Traitor Mayor Leoluca Orlando are being stopped by police for attempting to feed their family?

That Sky News video features the filthy Traitor Mayor Leoluca Orlando, a Leftist piece of filth who declare last year that ALL Muh Refugees and ALL Muh Economic Migrants as SOON as he allows them to invade Sicily are automatically Sicilian, a DIRECT VIOLATION of EXISTING EU Laws I add. The Mafia need to do the decent thing and deal with this human scum, although from what several men in that video say they are already planning a revolution and everyone should hope for the over throwof the Traitor Leoluca Orlando:

View attachment 322798

They have guns already, see below:

View attachment 322800

Perhaps if Leoluca Orlando actually gave a SHIT about Native Sicilians he would have PUT THEM FIRST, INSTEAD of spending his time sucking the dicks of Muh Refugees and Muh Economic Migrants and GIVING THEM Gibs Me Dat and STEALING the moneys off the Sicilians to GIVE to the filthy Third World Shit Holers he ACTIVELY assists in helping INVADE beautiful Sicily.

On 12 February the Traitor Leoluca Orlando in a ceremony bestowed honorary Sicilian citizenship on other Traitors from the human SCUM that are NGOs, these other self-hating Italians who's literal MISSION is to destroy beautiful Italy and Sicily by flooding with unlimited amounts of filthy scum from Third World Shit Holes, like the below Useless Eaters that BELONG BACK in their African Shit Holes and NOT in Sicily, the below Useless Eaters probably NOW have EVERYTHING during this COVID-19 situation when as we see from the video in the OP the Native Sicilians are fucking starving and have no moneys because the below ilk have been given Gibs Me Dat by the Traitor Leoluca Orlando:

View attachment 322804

View attachment 322806

View attachment 322807

View attachment 322809

^^^^ "Out of respect for human rights" WHAT about the HUMAN RIGHTS of the peoples of Sicily you disgusting POS?


All part of the new world order that bush and Clinton spoke of,martial law has already begun in some states as califorina,ny,and Rhode Island,their depopulation agenda they they have talked about for decades now is finally happening
 
If this were happening the LSM would be having a field day blaming Trump for every store looted. Iguess this on belongs deep in the cellar.
With every other post by the right wing ultra nationalist" Lucy Hamilton" who hails from where? Austria? She's part of their right wing government for god sake
 
Last edited:
Getting looted?
Then protect yourselves and property if the cops don't respond!

But don't act like crybabies, fer Chrissakes!!! :crybaby::crybaby::crybaby:
 
Good job, Trump! American virus deaths now exceed every country on earth!
Put out shoot on sight orders on the bastards like they have in past disasters. It made them think twice anyway.

These type of thugs are the worst of the worst. Preying on people already suffering and probably in more ways than one. Fuck those punks.
You quit cowering in fear. Thats how.
Individuals who spread a deadly virus are risking their own lives and the lives of others.
water_privatization2.jpeg

Where's the heroism in that?


Where's the heroism in a country in ice age depression? There was never a need for an either/or proposition in regards to shutting down the economy. It never should have fully shutdown. Whats happening right now is beyond ludicrous.

Yes but then they wouldn't have set the precedent for 100% social control, which elites love. Bill Gates is getting off on this.
 
Shops are being boarded up in California, Philadelphia and across the country as America anticipates widespread social unrest, as the coronavirus lock-down strangles the economy and emboldens sociopathic elements, a little at time. Criminal gangs understand well that police response is slowed or stopped, and can see the street empty of normally vibrant small shop life with normal people milling about and being the eyes and ears of the street.


pottery%20barn.jpg

source: https://www.zerohedge.com/political/...-beverly-hills

west%20elm.jpg


source: https://www.zerohedge.com/political/...-beverly-hills

As always local news affiliates are picking up the slack that national networks will not report.

CBS Philly


Burglaries are exploding. Not hard to see the writing on the wall.

Seattle burglary explodes 87% downtown after coronavirus policy, crisis
Seattle coronavirus crime concerns have become fully realized. Burglary cases have exploded in Seattle’s west precinct since the coronavirus stay-at-home order and a county policy prohibiting most misdemeanor jail bookings went into effect. These cases are also up significantly citywide. A little over a week ago, officers argued the booking policy would result in a criminal “free for all.”

In Fresno.

Looters in broad daylight in California, and that was weeks ago:

Santa Cruz
santa%20cruz%20robber%203.png

Source: https://www.zerohedge.com/markets/de...mo-hits-record

In a viral video from Italy a man explains he is out of food. Even with government help many will fall through the "cracks" of the informal economy.



Many people are not taking their meds. Many people have spent their savings. And some, not many, but a dangerous few, are ready to take full advantage of the situation.

What now, Fauci? Trump can still stop the massive outbreaks. By announcing next week we are back in business.

I imagine that this is sending a tingly feeling up the legs of the liberals on this site.
 

Forum List

Back
Top