It is not the $ amount of the check, nor the liability protection for the business ... They want to take away Fed's ability to pump money into stock market to keep it from crashing ... which they have been doing since 2008 financial crisis through all 4 years of Trump administration which sky rocketed during last 8 months. This is why they have holding up the bill for last four days ... (senator Jim Manchin of VA on Chris Cuomo show tonight)
Now, who de-benefits if the market goes south in2021 or beyond? Someone named Joe Biden! And, of course, Trump is behind it and his evil lemmings in the senate executing his destructive wishes while people are losing homes, have no food ... such mother fuckers these Trumpanzees are ... pathetic!
And I'm not even sure HE knew why they were doing it. In any case, the link of the stock market to the election is tenuous at best. Riddle me this: if the markets and the election move in lock step, why didn't the current record levels get Trump re-elected? The answer? Just 55% of Americans own stock compared to 67% in 2000. And most of them don't own individual stocks but funds, and only in small amounts. The richest 10% of Americans own 84% of the value of all traded stocks. So if RepubliCunts torpedo the stock market by hamstringing the Fed it won't sway many votes. They simply don't like an independent Fed and want the means to control it. Which is stupid, because the Fed's actions played a huge role in the economy not tanking despite the inadequate actions of Congress.
remember this fuckers name! He shut a vote down on senate floor from Sen Sanders and Sen Hawley for $1200 relief adults and $500 children. Meanwhile, 8 million new people have fell below poverty level. Thank God some are fighting for us, the People.
Manchin won’t speculate the ‘why’ - because he wants to keep his Republicunt friends. Also it is not about the past election anymore. It’s all about making Biden look bad and yes market will show signs of trouble if the fed provisions stop.
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