General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe IGs, the Stock Market, Donald Trump, and the multi-trillion dollar bailout
How are they connected?
Donald Trump said he, not Congress, would be in charge of the fund.
He then proceeded to fire the IGs to make sure no one else was looking after the money.
Wall Street cheered. They now had someone with the funds to bail them out if they got in a tight squeeze.
The market rallied. Even with massive unemployment numbers and people dying by the thousands, Wall Street was re-assured to know that Donald Trump was in charge of $6 trillion dollars if they needed help?
They were ready to crawl back from the ledge.
Newest Reality
(12,712 posts)That sounds like fraud, extortion and embezzlement.
Gee, that used to be a crime, back in the day. I guess that's a new Presidential duty for the Dictator in Chief.
Considering he can do whatever he wants to do anytime and eventually, to anyone, Orange is the new bad. The possibilities are endless and the sky is the limit. Oh, you don't stop when you are on a roll like this especially when you get to set the Barr.
It is like an old beer commercial: "You only go around once in life so you have to grab for all the dictatorial powers you can."
Frustratedlady
(16,254 posts)getting his jollies over all that money daring to entice him.
He isn't even trying to hide "the plan" anymore. So much to do, so much to $nag, so little time.
Windy City Charlie
(1,178 posts)Setting it up for so much fraud to take place, and no one to oversee it from happening until it's too late.
CrispyQ
(36,461 posts)He will promise red state governors medical supplies in return for keeping business open as usual and under-reporting the COVID numbers.
Wellstone ruled
(34,661 posts)I said a few ago,watch the Casino and Hotels in Vegas when the free be money starts flowing. Yep,the first announcement came late last night and again about and hour ago,Fretita Brothers/Red Rock Resorts,just received 1.4 billion in loans . So will we see the names of Trump Hotels,Wynn,MGM(Icahn),Caesar's(partial owned by Trump Partner Rifkin),and the Biggee will be Eldrado Corp based in Reno which recently bought 11 Casino's or Interests in Caesar's Casino operations.
Two Hundred Billion is missing as of Bloomberg Reporting late last night,unaccounted for,hmmm.
kentuck
(111,085 posts)Seems like what they have been doing since Trump fired the IG. Nobody to look after the money. Hey! Who knows? Maye he will make a loan to Deutsche Bank?
Wellstone ruled
(34,661 posts)780 -920 million dollars lose on their Palms Casino Hotel when they shut down a major Club in November. Fertita's most likely will pocket that money. They still own 51% of the operation and the balance was a IPO.
Another to watch,Penn National Life Insurance who bought the controlling interest in MGM Resorts International. Recent sale announced that a Subprime Holding company was formed as a parking spot for their MGM purchase.
kentuck
(111,085 posts)Trump is now his own bank. Like Deutsche Bank....except bigger.
Wellstone ruled
(34,661 posts)and Grift off a couple Billion in Commissions via his Crime Syndicate Family.