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From
nypost
Hedge fund and private equity firms are not eligible for the types of US government loans designed to provide relief to small businesses. 
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Scoop.it!
Donald Trump’s Treasury Department, led by Steve Mnuchin, has given banks the go-ahead to STEAL stimulus checks from Americans if they owe debts to the banks.This is absolutely going to screw over countless voters, as banks will likely try to stretch the rules and confiscate the money in more instances...
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Sen.Kelly Loeffler (R-GA), who has become a lightning rod for criticism after she dumped major portions of her stock portfolio shortly after receiving classified briefings of the COVID-19 pandemic earlier this year, is now denouncing her critics as “socialists.”
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From
nypost
At least 43,000 American millionaires who are too rich to get coronavirus stimulus checks are getting a far bigger boost — averaging $1.6 million each, according to a congressional committee.
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While wealthy Americans are not eligible for the $1,200 stimulus checks being disbursed to many Americans, they are on pace to do even better. 43,000 taxpayers, who earn more than $1 million annually, are each set to receive a $1.7 million windfall on average thanks to a provision in the CARES Act.
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Republican Maryland Gov. Larry Hogan on Sunday suggested that the president of the United States had not told the truth when he said that states have all the medical supplies that they need.
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Rep. Katie Porter has been all business since being elected to office. Today, Rep. Porter released a report showing that in spite of growing concerns and warnings about the potential oncoming pandemic threat of the COVID-19 virus from top officials...
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Kentucky Sen. Mitch McConnell is breaking fundraising records in his 2020 reelection campaign as Democrats sharpen their knives against the GOP boss.
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Private equity and venture capital firms are worried that companies they own will be blocked from obtaining loans because of SBA rules.
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“There are three kinds of lies: lies, damned lies, and statistics,” said Mark Twain. Over 100 years later, Twin could never have predicted a president like Donald Trump.During his press conference Sunday, and in previous press conferences, Trump has delighted in coming to the podium to cite numbers...
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(RNS) — Data from the Pew Research Center indicates that Republicans may have risked their lives because they trusted the president’s views on the pandemic.
Anonymous Hades's insight:
Donald Trump isn't trying to help anyone but himself. He knew about the virus and he didn't warn the rest of us until it was too late, so the answer is yes.
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In the run up to the US Presidential Election, Mining Technology looks at the top campaign funders and lobbying activities in the US mining industry.
Anonymous Hades's insight:
The Environmental Protection Agency recently announced that it will allow companies to monitor their waste dumping activities and to keep track of the levels of pollution themselves. No one yet knows what that means, but everyone is certain that no corporate polluter can be trusted. So it's a good idea to keep up with their political activities, starting with their lobbyists.
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Treasury Secretary Steve Mnuchin on Sunday said that he expects Americans to be able to survive for two and a half months on just $1,200, which is about $17 per day.
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From
nymag
Jeremy Konyndyk, the Obama administration official who has become one of the foremost critics of Trump’s coronavirus response, explains why trying to scapegoat the WHO and China for the U.S. outbreak just underlines the president’s own failures.
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SBA has released limited data showing granular loan activity by bank, making it hard to pinpoint how many loans and of what size each firm made.
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Last fiscal year, the Trump family took more trips that required Secret Service protection than the Obama family took in seven, according to a budget document released by the Treasury Department. On average, Obama’s family took 133.3 protected trips per year, while the Trump family has taken an average of 1,625 annually. Much of the Trump family’s known travel has been to promote Trump Organization businesses, which President Trump still owns and profits from.
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There were 27.9 million people without health insurance in 2018, and record-high unemployment will increase that figure by millions
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President Donald Trump announced Tuesday he is halting funding to the World Health Organization while a review is conducted.
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President Donald Trump’s handling of the coronavirus crisis has been the breaking point for some of his fans in rural Virginia.A dozen seafood and agricultural workers in the state’s Northern Neck peninsula — where Trump beat Hillary Clinton by nearly 10 points in 2016 — expressed frustration to the Insider website over the president’s response to the COVID-19 outbreak.
Anonymous Hades's insight:
Donald Trump treats Trump supporters like they're expendable. As if they're nothing more than a means to an end.
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President Donald Trump is reportedly increasingly optimistic about beating the coronavirus pandemic — and he wants a “big celebration” in May to mark its defeat, even as Americans from across the country will be mourning tens of thousands of dead friends and relatives.
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One day after the launch of a $350 billion loan program designed to rescue millions of small businesses, technical glitches continued to cripple the process.
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In a column for the Washington Post, conservative Max Boot — who has notably not been a supporter of Donald Trump — finally threw in the towel on the commander in chief and said history will remember him as the “worst president,” adding for emphasis, “Ever.” Reflecting on the president’s botching...
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They’re not doctors or highly trained nurses.
But legions of low-profile hospital workers — from skilled therapists and translators for non-English speakers to room cleaners and meal servers — are bemoaning their risk for coronavirus exposure.
Anonymous Hades's insight:
"Workers in California, Illinois and Washington state, where COVID-19 cases are numerous, tell the Center for Public Integrity they fear inadequate access to personal protective equipment that could shield them. Two nurses in New York City have died from the virus, and it’s left hundreds of other hospital workers ill." - Susan Ferriss | Senior Reporter: The Center for Public Integrity.
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From
nypost
While supporters say the campaign could be critical in keeping fragile startups in business, critics argue it would just amount to a handout to wealthy Wall Street investors, Politico reported.
Anonymous Hades's insight:
Why does our government continually give these corporate persons our hard-earned money? Every time working class or middle-class taxpayers need help, the skinflints, cheapskates and misers in Congress drag their feet or turn their backs on us all together. Meanwhile, lobbyists from investment firms slink through the halls of Congress with their hands out. It's not fair, because it's taxpayer money. Our money.
So let's call it what it is: a handout. Every time our country is in dire straits, we can't rely on them, so what do these companies, do for our country that justifies giving them another handout? If they know of startups that are so fragile, let those companies pool their own money and finance those startups themselves. It's that simple.
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The nation’s four major airlines and their trade organization have spent more than $350 million on lobbying federal officials since their last bailout -- the equivalent of more than $650,000 for every House and Senate member.
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