Discover and read the best of Twitter Threads about #PeoplesBailout
Most recents (5)
The Obama administration inherited a vast economic crisis. They responded with Quantitative Easing, pumping trillions into the finance sector to rescue the banks that had knowingly gambled on bad mortgages, losing so much they were about to go under.
cnbc.com/2017/11/24/the…
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cnbc.com/2017/11/24/the…
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At the time, deficit hawks predicted inflation, which is a commonsense prediction: inflation is what happens when the amount of money chasing goods and services goes up faster than the supply of those goods and services, creating bidding wars.
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They were right...and wrong. What we got was asset bubbles, especially in housing markets, driving up the price of putting a roof over your head rewarding speculators and landlords, especially Wall Street landlords.
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Today's Supreme Court decision is one of the most brazen acts of voter suppression in modern history-- and it's a canary in a coal mine. Here's why you should be angry & what you can do about it. /THREAD slate.com/news-and-polit…
Thousands of Wisconsinites, who by no fault of their own won't receive their ballots until after Election Day, won't have their votes counted unless they risk their own health and the health of those around them to go to the polls.
In her dissent, Ruth Bader Ginsberg issued a dire warning about what this means for voters in Wisconsin and for our democracy as a whole.
Our medical providers are on the front lines of this crisis. We need a #PeoplesBailout that protects testing and treatment for ALL, and provided hospitals with the equipment they need to be safe. #COVID19 thepeoplesbailout.org
It’s time to talk about what members of Congress have been up to while we all suffer. Y’all ready?
We need mass testing NOW. A third iteration of a bill negotiated by House and Senate Democrats would provide no-cost testing and treatment to anyone who needs it, no matter their ability to pay or their immigration status. This makes us all safer.
Unfortunately, that provision was wiped from the senate bill. Thanks @senatemajldr for being the WORST.
We'll pump $2 trillion tax dollars into the economy to assist corporations.
We'll pump $209 billion tax dollars into households to assist citizens.
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We'll pump $209 billion tax dollars into households to assist citizens.
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If you flipped those numbers, every American adult would receive $10,000 to pay down loans, buy stock, replenish retirement accounts, build equity, and spend with those corporations.
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An economy predicated on top-end wealth cannot possibly survive if corps are rewarded for creating an environment in which they cannot survive a 2 month cashflow gap, simply because the employees they underpay, overwork & cannot survive without...
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