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Wellstone ruled

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Member since: Fri Jul 1, 2005, 11:32 PM
Number of posts: 32,018

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Hope folks have been following

Fed Chairman Powell's briefing today. Just listening to the Q&A,folks,we are in for a long long time before our Nations Job Picture even thinks about improving. And he talked in detail how the Economy will leave AA folks as well as Women way behind in the recovery.

Folks,we are in for one hell of a slog,Banks will be tightening up lending rules as well as being told to increase their reserves and not pay Dividends or Bonus's.

Looks like zero recovery until mid 2021 .
Posted by Wellstone ruled | Wed Jul 29, 2020, 03:30 PM (9 replies)

Get ready for a massive Paulson

blank paper give away in the near future. WSJ and their Operatives just started a PR campaign earlier today about giving everyone a Check to jump start the economy. As well as direct funds to the Hospitality Industry.

Interesting blurb on Bloomberg one hour ago. Several Banks said they would Syndicate 7 Billion in Loans to El Delrado Corp for their purchase of Caesars Corp as well as interests in other Casino's last month.

Trump and his Hotel Partner,Rifken are part of this swap,trade,buy deal. No wonder the Orange Anus wanted a direct bailout of the Hospitality Industry this morning.

Always a sleaze deal working with the Trump Crime Syndicate.
Posted by Wellstone ruled | Fri Mar 6, 2020, 04:45 PM (2 replies)
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