« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Sunday evening, futures for the Dow Jones industrial average tumbled more than 900 points

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 23 Mar 20 12:07 PM | 27 view(s)
Boardmark this board | The Trust Matrix
Msg. 34870 of 54959
(This msg. is a reply to 34863 by Cactus Flower)

Jump:
Jump to board:
Jump to msg. #

I just can't get over the utter stupidity of McConnell.

Mnuchin and Pelosi negotiated a bipartisan deal. McConnell ignored it, played turtle politics and created a partisan solution incorporating a slush fund run by the Trump administration. Then tried to turn the heat on Pelosi.

It won't work. Pelosi is going to get what she wants in the final bill - her part of the Mnuchin-Pelosi deal. We'll end up with something roughly like what Mnuchin and Pelosi agreed, with things like infrastructure maintenance and construction, as well as oversight and disclosure, thrown in.

But meanwhile, McConnell has wasted days and has blood and a stock market collapse on his hands.


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: Sunday evening, futures for the Dow Jones industrial average tumbled more than 900 points
By: Cactus Flower
in ALEA
Mon, 23 Mar 20 8:57 AM
Msg. 34863 of 54959

In the absence of progress, you get continuation of the stock market collapse.

In those circumstances, Trump, for whom the stock market is his measure of performance, pressures McConnell to fold. Pelosi's deal is adopted.

What an idiot the toxic turtle is to think he holds the cards here. He tried to bully Pelosi and produced an utterly useless package containing a massive Bananarepublican corporate slush fund overseen by the Trump administration, an inadequate package for hospitals and far, far too little for individuals who live(d) paycheck to paycheck.

That's just laughable.

Whatever they propose, it's going to need bipartisan oversight and disclosure. This isn't a programme for the benefit of Trump's hotels and golf courses. No one is going to trust an impeached president who misused money for Ukraine for his own benefit.


« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next