A “Slap in the Face:” Anger at Pelosi, Democrats Over Paltry $600 Stimulus Check

Lawmakers finally agreed to a new coronavirus stimulus package yesterday and like the CARES Act, it appears to include huge new tax breaks for corporations and the very wealthy.

Alan Macleod
By Alan Macleod
Pelosi Stimulus Feature photo

Lawmakers in Washington agreed to a new $900 billion coronavirus stimulus package yesterday. The bill, like the previous CARES Act, appears to include huge new tax breaks for corporations and the very wealthy. However, of most note to average Americans is the means-tested check of up to $600 plus $600 per child that Republicans and Democrats

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A “Brazen Giveaway” GOP HEALS Act is a $30 Billion Bonanza for the Pentagon

The new $1 trillion GOP HEALS act includes billions for F-35 fighters, Apache Helicopters, and other welfare programs for the Pentagon.

Alan Macleod
By Alan Macleod

On Monday the Senate GOP released their outline for a new $1 trillion coronavirus stimulus package. A successor to March’s CARES Act, the 177-page document, named the HEALS Act, includes no funding for hazard pay, the Postal Service, state and local governments, nutrition assistance, or help for uninsured or underinsured Americans, but incorporates

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The Dem’s $3 Trillion Dollar HEROES Act Can Not Brace Us for the Coming Shock

As the Trump show continues and each side of the political aisle takes aim at each other, the economy’s freefall is quickly reaching catastrophic levels.

Raul Diego
By Raul Diego
HEROES ACT Feature photo

The actual number of people who stand to benefit the most from last month's CARES Act could fit into Dodger Stadium and still have plenty of elbow room to catch any foul balls that might come their way. Just 43,000 of the richest Americans, those making at least $1 million a year, were handed a $1.6 million-dollar average "windfall" by provisions

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No Stimulus for the Weary: The US is Now Sitting on an Inflation Time Bomb

The White House budget office doesn’t know if the $2.2 Trillion-dollar stimulus package and Trump’s $1,200 stimulus checks might cause an inflationary spiral. But many economists have no doubt it will.

Raul Diego
By Raul Diego
Coronavirus Inflation Feature Photo

The consequences of the $2.2 trillion stimulus package are being ignored, even by the White House budget office that put it together, admitting that the package had "come together so quickly," that they had no time "to do the customary modeling of its fiscal impact." What does appear to have consensus in financial circles is that after this is over

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As One of the Largest Bailouts in History Looms, “Crisis-Ridden” Corporations Reap Record Profits

Once again it appears that big business will get bailed out while the American people get sold out.

Alan Macleod
By Alan Macleod

Hospitals overflowing with sick and dying patients. Overworked staff risking their lives wearing garbage bags as makeshift protective equipment against an invisible but deadly virus. Refrigerated containers left outside medical facilities, filling with the dead. Mass graves being dug in the city. It is like something out of a horror movie. But it

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Tenth Anniversary Of Financial Collapse, Preparing For The Next Crash

We can look to Iceland for an example of how to handle the next crisis. In 2008, they jailed the bankers, let the banks fail without taking on their debt and put controls in place to protect the economy.

Kevin Zeese
Margaret Flowers
By Kevin Zeese
And Margaret Flowers
Protestors march down Wall Street to call attention to big bank bailouts and cuts in jobs and education in New York, May 12, 2011. Kathy Willens | AP

Ten years ago, there was panic in Washington, DC, New York City and financial centers around the world as the United States was in the midst of an economic collapse. The crash became the focus of the presidential campaign between Barack Obama and John McCain and was followed by protests that created a popular movement, which continues to this

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