DawgTalkers.net Forums DawgTalk Palus Politicus Aight. We need to talk about the Economy and Stimulus

Well they have no worries because uncle sam will be their with some corporate socialism to bail them out and pass that debt onto the backs of the working class.

So i guess everybody in DC just said screw the package.

Florida's governor came out and said that Trump's unemployment EO isn't gonna work in his state.

even republicans are saying they aren't sure its legal.

but, stalemate is where they're at.

Bailouts for the rich but bankruptcy, homelessness, and austerity measures for the working people... Nothing ever changes. All those people need to do to feed their kids is borrow some groceries with their drivers license or get a loan from their parents...

What I want to know is which donkey butts made Ohio the ONLY state out of 50 that punishes folks and won't let them collect unemployment if they are on Social security. Old folks who are retired but must work just to be able to make ends meet are screwed over while nobody even mentions that, because young folks don't give a crap about their grandparents and parents. I have no clue which side did that but both parties are guilty of not fixing that crap.

Hmmm, bro denying old people benefits matched ONE party and you know it.

Not the only state....New Hampshire has a few donkey butts. It’s the same here. Plus NH doesn’t allow laid off workers that receive SS to receive the $600 fed money. Ohio allows SS recipients that were laid off the $600 fed money if they filled a claim. My brother was getting that in Ohio, but as of last Friday ...?

Looks like talks have stalled and both sides are miles apart.
Only way talks are going to get going is if the market sheds a couple thousand points or they all get told they can’t go on their month long vacation

Oh you can get unemployment BUT for every dollar of unemployment money you get they deduct one dollar from your SS check.

Markets rise as economy struggles; 'It does not make sense'

https://thehill.com/policy/finance/511926-markets-rise-as-economy-struggles-it-does-not-make-sense

it makes sense when you think about all the money the Fed has dumped into the market.

The market and donor class got a huge bailout first. Regular people are being told to pound salt.

Those new Stingers are pretty dope:

Man charged with obtaining $2.1 million in COVID-19 relief funds and using it to buy a yacht and a new Kia

https://www.yahoo.com/news/man-charged-obtaining-2-1-193550403.html

More than $525 billion in loans have been approved through the US government's Paycheck Protection Program, intended to help businesses survive the COVID-19 pandemic. But one man is accused of instead spending $1.5 million of that on a house, a yacht, and a brand-new Kia.

A criminal complaint that was unsealed on Tuesday said Kenneth Gaughan, 41, from Washington, D.C., has been arrested and charged with fraudulently obtaining more than $2.1 million in PPP and Economic Injury Disaster Loans relief funds, according to the United States Department of Justice.

The complaint alleges that Gaughan requested and obtained his short-lived millions by applying on behalf of several companies that all falsely claimed to register emotional support animals. He is being accused of forging paperwork and bank records, and charged with one count of bank fraud, one count of the theft of government funds, one count of wire fraud, and one count of money laundering.

After receiving the money, the complaint said Gaughan used it to buy a $300,000 yacht, a $1.13 million row house, and a $46,000 2020 Kia Stinger.

In addition to arresting Gaughan, authorities also seized the yacht, the Stinger, and Gaughan's investment and bank accounts. They are also filing a civil forfeiture complaint against the row house.

The unsealed criminal complaint also shows that Gaughan was charged in a separate embezzlement plot. He was accused of stealing more than $472,000 from the Catholic Archdiocese of Washington, D.C., from at least June 2010 through April 2018. He worked there as Assistant Superintendent.

The charges in the complaint, the DOJ notes, are still allegations.

Gaughan isn't the only person to be accused of using COVID-19 relief funds for unrelated purchases. Business Insider previously reported on two others accused of fraudulently obtaining relief funding and then using the money for personal purchases.

The first was a Florida man who was accused of buying a $318,000 Lamborghini Huracan and going on a "spending spree." The second was a Texas man who was accused of buying a Lamborghini Urus with the stolen funds, as well as funding a pickup truck, a Rolex, real estate, and visits to night and strip clubs.

Unlike the previous two, the charges against Gaughan do not involve a Lamborghini. Perhaps the $1 million house purchase spurred a need for some modesty.

Read the original article on Business Insider

Also, the Markets don't look at today, they are looking out 6 months into the future.

Once the virus is behind us with treatments and vaccines, the Market will soar.

Okay, maybe I should have been concentrating on something else when I was reading your post. But one thing really stood out to me.



1.5 million dollars and you buy a freaking Kia!