Saturday, December 19, 2020

Banana Republic Watch Updater

Can't make this stuff up.  

After several days of progress toward a final coronavirus relief deal, the Senate GOP's last-minute attempt to insert language curbing the Federal Reserve's emergency lending powers is threatening to derail negotiations over a package that would extend soon-to-expire unemployment benefits, send another round of direct payments to many Americans, and provide funding for vaccine distribution.

Pushed by Sen. Pat Toomey (R-Pa.) with the backing of Senate Majority Leader Mitch McConnell (R-Ky.), the provision would both terminate Fed lending programs authorized by the CARES Act and restrict the central bank's ability to aid states, localities, and small businesses in the future—prompting accusations that the GOP is attempting to hamstring the incoming Biden administration....

Common Dreams
Anger Mounts as Democrats Accuse GOP of Imperiling Covid Relief With Effort to 'Sabotage a Biden Presidency'
Jake Johnson

It's downhill from there.
On Friday night, as first reported by The New York Times, Trump discussed commandeering voting machines and appointing conspiracy-minded election lawyer Sidney Powell as special counsel to inspect the machines....
Axios
Giuliani asks DHS about seizing voting machines
Jonathan Swan

According to the person familiar with Friday’s meeting, the animated gathering featured yelling and screaming, with the lawyers often accusing each other of failing to sufficiently support the president's efforts. Flynn and Powell both said they needed the Trump administration to do more to support their efforts to reverse President-elect Joe Biden's win. Giuliani and Powell also turned their ire on each other. The source said National Security Adviser Robert O'Brien, a successor to Flynn, participated by phone....
Politico
Trump sought to tap Sidney Powell as special counsel for election fraud
Kyle Cheney and Josh Gerstein


Michael Flynn suggests Trump could deploy the military to “swing states” to “rerun” the election...

Salon
Michael Flynn says Trump could seize every voting machine across the country and "rerun" election
Igor Derysh


8 comments:

Matt Franko said...

https://twitter.com/realdonaldtrump/status/1340185773220515840?s=21

“ Big protest in D.C. on January 6th. Be there, will be wild!”

That’s the day the electors have to report....

Pence scheduled to get out of Dodge for a week that afternoon:

https://www.cnbc.com/2020/12/17/pence-to-head-overseas-hours-after-declaring-biden-presidential-victor.html


Matt Franko said...

https://www.bloomberg.com/opinion/articles/2020-12-14/new-york-mta-maxed-out-its-fed-credit-line-so-now-what

Democrat cities tapped out... now trying to scam the Fed as desperate last resort.... Trump trying to cut them off.... Trump moved to Florida....

“ Transportation Authority’s finances that the agency rushed to max out its credit line with the central bank before the MLF was shut down. It borrowed $2.9 billion last week, which would have easily been one of 2020’s largest municipal-bond deals if it had gone through the public market. When stacked on top of the $450.7 million it placed with the Fed in August, the MTA is at the debt limit set by the facility — 20% of gross revenue in fiscal year 2019 — almost to the last dollar.”

Matt Franko said...

Dem cities will have to mortgage all their infrastructure to Biden blackrock crew to get some munnie... blackrock etf symbol BBN...

Or Warren Buffett will lend and then foreclose and end up owning the whole MTA and Port Authority and jack up all the tolls...

Ka-Ching!!!!

Matt Franko said...

The thing to be concerned about is if they pull the Fed guarantee of 500b that frees up additional TGA reduction $4$...

Trump may go scorched earth if he can’t flip it Jan 6th and collapse the TGA to leave sleepy Joe crazy Nancy and cocaine Mitch with no munnie in the TGA with debt ceiling approaching... whole thing will crash if they dump the TGA by 1.5t in 2 or 3 weeks into Jan 20....

Peter Pan said...

Q. Why can't they inspect a voting machine?

A. Because they're not made by Huawei.

Unknown said...

Why didn't the deranged Trump insist on inspecting the voting machines in 2016 and when 24% of the votes were postal absentee ballots?

Answer because they all gave the right result a win for "Everything's About Me"!

Matt Franko said...

Trying to blame the voting machine companies is like blaming Boeing for turd world operator’s error....

Unknown said...

Well the Trump media channels tried like hell to defame anything to do with voting now they've been hoist by their own petard and face expensive law suits, back pedaling is suddenly more popular than hoarding toilet rolls!

https://www.theguardian.com/media/2020/dec/20/fox-news-retracts-voting-machine-fraud-claim-smartmatic