the Coronavirus Stimulus Bill Isn’t Just a $Trillion Crony-capitalism Slush Fund


According to economists Pam Martens and Russ Martens at wallstreetonparade.com, via counterpunch.com, March 27, 2020: ‘Stimulus Bill Allows Federal Reserve to Conduct Meetings in Secret; Gives Fed $454 Billion Slush Fund for Wall Street Bailouts’

“The text of the final bill was breathtaking in the breadth of new powers it bestowed on the Federal Reserve, including the Fed’s ability to conduct secret meetings with no minutes provided to the American people.”
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Hassan Rouhani‘s Message to the People of the United States

From tasnimnews.com:  ‘TEHRAN (Tasnim) – Iranian President Hassan Rouhani sent a message to the people of the United States of America on Friday, saying the time has come for the American nation to end the “dark chapter” of Washington’s sanctions in the US history to contribute to the global battle with the coronavirus, March 21, 2020 (creative commons)

Following is the full text of the Iran president’s message to American people released by his official website on Friday, March 20:
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the weaponization of coronavirus: more evil than ever

Xi, not China this time; how coy of him:

‘Blame Xi, not China, for the impact of the coronavirus’, Austin Lowe, Opinion Contributor — 03/25/20, the hill.com (two paragraphs of a propaganda piece)

“To refer to the coronavirus as the “Chinese virus,” as Trump and other members of the GOP leadership have, is deeply problematic. It is also misleading. The severity of the virus has nothing to do with action or inaction by the Chinese people; on the contrary, many Chinese citizens should be lauded for their efforts to sound the alarm on the issue.
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the Senate coronavirus stimulus package: wsws crunches the numbers

Patrick Martin also notes the many caveats and unknowns afoot in potential waivers to the General Rules as to which corporate loans end as gifts, and more.  His explanation of each state having its own static metrics of unemployment compensation was new to me.  And yes, RT.com is reporting that there were 3.2 million new applications for compensation filed this week, obviously not just for employees ‘furloughed due to coronavirus’ as earlier reported as covered in the Stim package.

‘US Senate passes massive economic “rescue” bill’, Patrick Martin, 26 March 2020 (I’ll paste almost all of it in)
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Amerikan Cornonavirus stimulation package: a PSA

Great for Big Bidness, a travesty for the working poor and either a one-time or two-time check nothingburger for the plebians.  I just watched Mitch McConnell rant about some of the items the D want included (solar energy credits now?), and otherwise you can bet your bippies that the D Team has our backs!

The Ds and Rs were deadlocked last night, but will meet again today, according to the Guardian: $1,200 checks for all? What you need to know about the US coronavirus bailout; US government is debating bill of to $1.8tn for money going to businesses, corporations and directly into the pockets of Americans’, March 23, theguardian.com
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Coronavirus Maliciously & Further Weaponized against China

Chinese experts who will fly to Italy to help fighting the coronavirus pneumonia on 11 March, 2020 © Photo by TPG/Getty Images

‘From villain to hero? After its badly botched response to the Covid-19 outbreak, China now seeks to be the world’s savior’, Damian Wilson, RT.com, March 20, 2020

“While China still faces criticism for its mishandling of the coronavirus outbreak at the start, first by refusing to admit it existed and then by arresting those doctors who tried to raise the alarm, when the government finally came to terms with reality it performed a massive U-turn in front of the entire watching world.

Now, while it seems to be mopping up the worst of its problems at home, Beijing has turned its attention abroad, sending experts and medical supplies to Italy – now surpassing the Chinese death toll from coronavirus with more than 3,400 victims – and Iran, where 1,284 people have died in the pandemic so far.” [snip]
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Coronavirus Pandemic Panic and Shrinking Civil Liberties & Privacy Rights

In my last post, I’d asked:

‘Will citizens have any civil rights in the end?  Will the most draconian laws and protocols sunset eventually, or be covertly extended for other purposes?  Israel, for instance, is using counter-terrorism protocols cell phone data to monitor the movements of citizens who’ve tested positive for the virus.’

Many citizen civil and privacy rights are being ceded voluntarily; many are being trampled on far more covertly.
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