Doom

[Softball Bat]

Mnuchin and his lackey Donald are deep dicking you, and you continue to carry their water.

Explain.

The Fed is buying everything -- and banks, corporations, and now cities and states (lol), are being nationalized.

Team Donald is ushering in a grotesque version of socialism where the biggest fish flourish and the little fish are curb-stomped into submission and subservience.

Mvscal knows this, but he can't get past his love for Donald's brand of white nationalism rhetoric.

It just turns him on too much.


Oh well.

[EAP]

The Fed's R. Bostic was asked on Bloomberg this morning about cities and states that are going bankrupt.

He said that Fed will certainly provide bailouts for cities and states that are going under.

LOL



Bernie 2020!




I ask you again, do you honestly think you are going to be receiving the pensions that you were promised?

Good luck, fliendos!

And, I'm telling you again, that by the summer, everything is going back to normal.
Millions of people are going back to work. Businesses will pick right back up where they left off.

Look, we can't both be right.

[Left Seater]

The Fed's R. Bostic was asked on Bloomberg this morning about cities and states that are going bankrupt.

He said that Fed will certainly provide bailouts for cities and states that are going under.

This is wrong. Cities and states that are mismanaged shouldn't get a bail out from US taxpayers. Cities/states that are so poorly run should fail on their own, go into bankruptcy, and if viable after bankruptcy emerge out the other side. Let the citizens of the city or state decide if they want to remain.

Please hook us up with a list of these cities and states that are going bankrupt. A search on Bloomberg news shows no such list. Or was this Bloomberg host talking out of their ass and you swallowed hook, line and sinker?

[Kierland]

Cities can fail, just not banks and airlines and cruise ships.

Sin,
BrokenCapitalism

[Softball Bat]

Please hook us up with a list of these cities and states that are going bankrupt. A search on Bloomberg news shows no such list. Or was this Bloomberg host talking out of their ass and you swallowed hook, line and sinker?

Talk about cities and states starting at about 24:00 to about 27:00.

https://assets.bwbx.io/av/users/iqjWHBF ... KOY/v4.mp3


Host: Poor cities in your district... shrinking revenues... what are you going to do?

Bostic: We will make sure that every jurisdiction at the state and at the city level is able to get through this crisis and still be functioning at the end.




If cities/states are not going to be going bankrupt, why would they need the Fed to bail them out?

[EAP]

Cities can fail, just not banks and airlines and cruise ships.

Sin,
BrokenCapitalism

Hey moron number one?
The economy, including airlines. Cruise ships, hotels, restaurants, etc....are what employs millions upon millions of your fellow Americans, who you apparently don't give a fuck about.

So let's get the American people to see leftists like you, up close and personal.

The small businesses and large industry which employs the hard working people of this country,
Are the engine that drives the economy.
You are way too stupid to see that the relief going to them, ultimately means that the millions out of work, will indeed be able to go right back to work.
Are you really this stupid?

[Left Seater]

Cities can fail, just not banks and airlines and cruise ships.

Sin,
BrokenCapitalism

Link? Otherwise stop with your straw men.


In fact if you pulled your head out of your ass for just one second you would see where I have said multiple times that airline shareholders should take it on the chin. Then there is bankruptcy.

[Left Seater]

Please hook us up with a list of these cities and states that are going bankrupt. A search on Bloomberg news shows no such list. Or was this Bloomberg host talking out of their ass and you swallowed hook, line and sinker?

Talk about cities and states starting at about 24:00 to about 27:00.

https://assets.bwbx.io/av/users/iqjWHBF ... KOY/v4.mp3


Host: Poor cities in your district... shrinking revenues... what are you going to do?

Bostic: We will make sure that every jurisdiction at the state and at the city level is able to get through this crisis and still be functioning at the end.




If cities/states are not going to be going bankrupt, why would they need the Fed to bail them out?

As I suspected. You made shit up to fit your narrative. The host nor the ATL Fed guy ever uses the word bankruptcy. In fact they start off by talking about loans. There is no mention of bailouts. Sure loans might be on the table but I heard nothing about bailouts. In fact towards the end of this the guest says he thinks the economy might come back quickly once we get the health crisis under control.

Bottom line you embellished this to further your point.

[Softball Bat]

Bottom line you embellished this to further your point.

Embellished?

Isn't it basic common sense?


Bostic: We will make sure that every jurisdiction at the state and at the city level is able to get through this crisis and still be functioning at the end.


It is already well known that cities and states have grossly overextended themselves by making future promises (mostly with pensions).

Now their revenue is shut down -- and to a catastrophic level.

It is a given that cities and states will go bankrupt.

Loaning them money is not going to do diddly poo for them.

[Left Seater]

Bottom line you embellished this to further your point.

Embellished?

Isn't it basic common sense?


Bostic: We will make sure that every jurisdiction at the state and at the city level is able to get through this crisis and still be functioning at the end.


It is already well known that cities and states have grossly overextended themselves by making future promises (mostly with pensions).

Now their revenue is shut down -- and to a catastrophic level.

It is a given that cities and states will go bankrupt.

Loaning them money is not going to do diddly poo for them.

Public service worker pensions are a team D thing. Bitch about their local team D officials who agreed to them then.

This was an interview with the head of the Atlanta Fed. He can make loans. He can’t authorize bailouts. If loaning them money isn’t going to do anything for them then call out the Bloomberg media guy for a dumb question. But trying to pin this on Trump is idiotic, well then again that’s your whole MO.

[Derron]

Public service worker pensions are a team D thing. Bitch about their local team D officials who agreed to them then.

The D's have controlled Oregon for over 30 years. They have the backing of all the major unions, the SEA, SEIU, and the teachers union who just in the last two days got the Governor to shut down online charter schools, since they have enrolled over 1,000 new students due to the closures of the brick and mortar schools.

The state controlled Public Employees Retirement System, has to pay out a guaranteed 7.32 % on all state pension accounts even though they were invested heavily in equities and lost huge dollars. The state will have to figure out how to pay out that along with 76 to 120 million a month or so in unemployment claims. Of course with 76,500 people out of work and not paying any taxes, or their employers paying any taxes states revenues will decrease dramatically.

The Governor has already said they will have trouble administering services over the next 6 months to a year. The state has a near junk rating for bonding, and really can't bond that type of debt anyway. To see many states defaulting or being unable to make required payments to creditors is going to happen. Most of those PERS retirees are liberal Demorats blindly supporting that beloved government that guaranteed them this golden egg retirement and that government who is about to fuck them right in the ass, and when those libs don't get their guaranteed retirement cheese they will scream like the little bitches they are.

If everything the Demorats do is so fucking good and they are so competent at government then why is shit so fucked up ??

Why can't the state after being under Democrat control for 30 years,have cash up the ass, the PERS system funded without penalty, plenty of emergency supplies on hand and able to handle things with out a bunch of whining that the hated Trump administration is not doing shit for them ??

[Innocent Bystander]

their local team D officials who agreed retirement cheese
penalty, plenty of emergency supplies on hand and able to handle things with out a bunch of whining that the hated Trump administration is not doing shit for them ??

Ponzi scheme, like social security. Its existence is untouchable, not the funds itself.

[Innocent Bystander]

https://www.msn.com/en-au/news/australi ... r-BB11qXrQ : australia/most-australian-coronavirus-cases-coming-from-usa-scott-morrison/ar-BB11qXrQ

https://www.breitbart.com/politics/2020 ... g-workers/ : breitbart/politics/2020/03/27/donald-trump-dhs-starts-to-import-85000-h-1b-graduate-gig-workers/

wtf? what is the meaning of this?

[mvscal]

Cities can fail, just not banks and airlines and cruise ships.

Sin,
BrokenCapitalism

Link? Otherwise stop with your straw men.

Evidently Small Goodman is too fucking stupid to understand that there are no cities without tax revenue from business to support their operation.

Assuming bailouts, yes, it is far more important to bail out business than cities.

[Kierland]

Dumb Eladio doesn’t seem to understand that he pimps Capitalism, till it doesn’t work (which is every decade or so) then he blame everything but the actual cause.

Businesses fail, so what? Only a facist thinks government should bail them out.

[Kierland]

Cities can fail, just not banks and airlines and cruise ships.

Sin,
BrokenCapitalism

Link? Otherwise stop with your straw men.


In fact if you pulled your head out of your ass for just one second you would see where I have said multiple times that airline shareholders should take it on the chin. Then there is bankruptcy.

I was talking about what the people you vote for and pimp everyday are doing. I don’t give a shit what you SAY you stand for.

[EAP]

Dumb Eladio doesn’t seem to understand that he pimps Capitalism, till it doesn’t work (which is every decade or so) then he blame everything but the actual cause.

Businesses fail, so what? Only a facist thinks government should bail them out.

And the same holds true for government control socialism.
One need only look at Europe, to understand that.
And, not just Europe, but all over the globe.

[Left Seater]

Cities can fail, just not banks and airlines and cruise ships.

Sin,
BrokenCapitalism

Link? Otherwise stop with your straw men.


In fact if you pulled your head out of your ass for just one second you would see where I have said multiple times that airline shareholders should take it on the chin. Then there is bankruptcy.

I was talking about what the people you vote for and pimp everyday are doing. I don’t give a shit what you SAY you stand for.

Then link us up to one them saying they will let cities fail?

[Kierland]

They already have let cities fail, plenty of them. Why not give them the $500 billion slush fund that Don the Con just got. You know Donny tinyhands, the guy you voted for so you could have more cheese.

[Left Seater]

Link?

[Innocent Bystander]

https://www.aljazeera.com/news/2020/03/ ... 15106.html
-- netherlands-recalls-defective-masks-imported-china

but wait...

https://www.nytimes.com/2020/03/23/busi ... masks.html -- 'The US needs China's masks, as acrimony grows.'

Why do we need defective equipment Holland, Spain and Turkey are not happy with? Especially after Chinese citizens were caught hording medical supplies globally and flying them to China on China's command? at the same time China lied about numbers? Why not call to make masks at home?

(meanwhile, 'log in or create an account for free access to up to date information and expert guidance to coronavirus' ... yeah, no.)

[Innocent Bystander]

https://www.dailymail.co.uk/news/articl ... unker.html -- its just a flu, so they shut themselves under Cheyenne 'and a third undisclosed location' (where, Antarctica?) until the pandemic passes?

Maybe there is something to the asteroid about to hit the sun, after all.

And even if there isn't, when exactly are they expecting covid to pass?

[Left Seater]

So nothing, just like I thought. Typical.

[Kierland]

"Dead Body? What dead body?"

Do you want a list of cities that failed because you think it never happened?

Where exactly do you want the goal posts right now?

[EAP]

"Dead Body? What dead body?"

Do you want a list of cities that failed because you think it never happened?

Where exactly do you want the goal posts right now?

Up your left wing government control ass!!

[EAP]

Dumb Eladio doesn’t seem to understand that he pimps Capitalism, till it doesn’t work (which is every decade or so) then he blame everything but the actual cause.

Businesses fail, so what? Only a facist thinks government should bail them out.

No. Fascists, like your left wing socialists and nazi socialists, want businesses to be adjuncts of the government, FULL TIME, just like businesses were in Hitler's nazi socialist Germany.

Trump's historic signature on this relief, was a ONE TIME essential measure,
to save an economic structure, which will ultimately allow millions of Americans to immediately return to work in just a couple more months.

If you don't understand that HUGE DIFFERENCE?
Please have a vasectomy, ASAP.

[Left Seater]

Do you want a list of cities that failed because you think it never happened?

Where exactly do you want the goal posts right now?

This should be very simple. Of course with your lack of intellect it isn’t.

You made a claim that Trump and others will not bail out cities, but will bail out large corporations in the Coronavirus environment. I am asking you for a link where Trump or others have said they will let cities fail in this Coronavirus environment.

[Kierland]

That is another example of you moving the goal posts. I never said Don the Con said anything. I said he got the slush fund. I said they let cities fail, meaning the powers that be. The people in charge, whatever it is YOU want to call them.

[Kierland]

Thomas Massie
@RepThomasMassie
The stimulus package that just passed is the biggest wealth transfer from common folks to the super-rich (Wall Street and bankers) in the history of mankind.

Done in the name of a virus with $1200 checks as the cheese in the trap.

This will be obvious in short order.

Not a Progressive, not even a D. He is an R.

[Left Seater]

I said they let cities fail, meaning the powers that be. The people in charge

And I continue to ask you for an example. You just keep dodging that. It says all we need to know about your “take.”

[Softball Bat]

Dow Jones = Worst 1st Quarter in its History

https://www.marketwatch.com/story/dow-o ... 2020-03-31



Dow Jones - 0 - - -
New Year - 34 - - -



Better start getting some first downs, boys.

[Left Seater]

Who cares about a single quarter?

The market today is till up 14K points from when I got in.

[Kierland]

I said they let cities fail, meaning the powers that be. The people in charge

And I continue to ask you for an example. You just keep dodging that. It says all we need to know about your “take.”

I asked if what you really wanted was a list of cities that have failed. I don’t get what you stupid point is. Is it that no city has failed?

[Kierland]

Who cares about a single quarter?

The market today is till up 14K points from when I got in.

Everything is about you and your cheese eh BrokenPsyche?

[EAP]

Who cares about a single quarter?

The market today is till up 14K points from when I got in.

Everything is about you and your cheese eh BrokenPsyche?

Actually, the market is a good indicator of everyone's cheese.
You'd know that if you reattached yourself to reality.

[Kierland]

trust the process
lie lie lie

sin,
88Liars

[Left Seater]

Who cares about a single quarter?

The market today is till up 14K points from when I got in.

Everything is about you and your cheese eh BrokenPsyche?

Nevermind your fellow citizen's 401Ks and retirement accounts, eh? Why do you hate workers?

[Left Seater]

I said they let cities fail, meaning the powers that be. The people in charge

And I continue to ask you for an example. You just keep dodging that. It says all we need to know about your “take.”

I asked if what you really wanted was a list of cities that have failed. I don’t get what you stupid point is. Is it that no city has failed?

UNCLE. Yes name cities that have failed. Hell, start with one.

[Kierland]

Who cares about a single quarter?

The market today is till up 14K points from when I got in.

Everything is about you and your cheese eh BrokenPsyche?

Nevermind your fellow citizen's 401Ks and retirement accounts, eh? Why do you hate workers?

Way to move the goal posts. All I said was you are happy because of your situation and failed to care about what last month did to other people, but now you seem to think *I'm* the one who likes people losing $ from their 401k last month. You are one fat twisted fuck.

[Kierland]

And I continue to ask you for an example. You just keep dodging that. It says all we need to know about your “take.”

I asked if what you really wanted was a list of cities that have failed. I don’t get what you stupid point is. Is it that no city has failed?

UNCLE. Yes name cities that have failed. Hell, start with one.

Nobody bailed out San Bernardino.