[ARCHIVED THREAD] - The full text of the Trumpbux stimulus supported by republicans AND democrats (Page 2 of 3)
Uhh, virus will likely peak in about three months, That’s over two trillion. Nevermind if they wish to continue it a few more months after that on the downward slope. 
Trumps likely to win re-election, but if he doesn’t stop fucking with this shit, he’ll completely ruin the economy he will have become the start of the avalanche of socialism and ruin. |
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your assuming they are not already planning on blowing a few trillion bucks to begin with. which they absolutely are, to try and hide from the back lash from this mess, and keep people happy. im not holding my breath for any of them to be preaching about the importance of budgets or not sticking our grandchildren with enormous debts.. that ship sailed, torpedoed, exploded, sank, was salvaged, melted into knives and dildoes that were used to shove up the ass of " reasonable." and then stab it to death, a long time ago. Quoted:
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This is just Crazy Maxine's Democrat Wishlist, not the bill. im not holding my breath for any of them to be preaching about the importance of budgets or not sticking our grandchildren with enormous debts.. that ship sailed, torpedoed, exploded, sank, was salvaged, melted into knives and dildoes that were used to shove up the ass of " reasonable." and then stab it to death, a long time ago. |
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Rebuilding the Economy Post-COVID-19 1. Pass H.R. 5187, the Housing Is Infrastructure Act. This provision would support $100 billion in infrastructure spending to support the long-term availability of affordable housing. 2. Reauthorize the state small business credit initiative. This provision would provide $10 billion to promote recovery post-pandemic. This program was initially created in 2010 to support small businesses in the wake of the 2008 recession and provides states with grants to finance new and existing small business growth. 3. Forgive a minimum of $10,000 of student loan debt for each indebted borrower. While Trump announced that he will waive interest on student loans during the crisis, without a reduction in principal, student loan borrowers will continue to struggle to make payments, jeopardizing a fragile economic recovery. Forgiveness of this debt will stimulate the economy by freeing up funds that borrowers would have spent on debt service. Now, these funds could be spent on goods and services, allowing millions of people to support our nation’s small businesses and jumpstart the economy. 4. Minimize the economic impacts on women, minorities and diverse-owned businesses. This provision would provide financial literacy education and access to banking services for unbanked women and minorities; require companies to publicly report their board diversity and their spending with diverse asset managers; create lending and capital opportunities focused on diverse owned businesses, including supporting minority depository institutions (MDIs) by passing H.R. 5322, the Ensuring Diversity in Community Banking Act (Meeks), and requiring the Federal Reserve to temporarily provide zero percent interest rate loans to MDIs and CDFIs. This provision would also establish a new technical assistance facility for MDIs and Impact Banks to support investments into technology and branch expansion, similar to a program available to credit unions. This provision would also provide the Minority Business Development Agency $3 billion to support full implementation of the Initiative to Build Growth Equity Funds for Minority Businesses. Immediate funding of the Initiative will allow the grant awardee to quickly respond to capital needs of minority businesses that have been exacerbated by the COVID-19 health crisis. 5. Pandemic Risk Insurance Act. This provision would create a reinsurance program similar to the Terrorism Risk Insurance act for pandemics, by capping the total insurance losses that insurance companies would face. This is a request from the National Retail Federation. 6. Reinstate the FHA-FFB Partnership. This Partnership was an Obama-era initiative that supports financing for affordable multifamily housing that was arbitrarily discontinued under the Trump Administration. Advocate and industry stakeholders support requiring HUD to reinstate this Partnership to help stimulate the economy in response to the pandemic. 7. National strategy. This provision would update the 2017 “Pandemic Influenza Plan” and the National Planning Frameworks to add the requirement that preparedness and recovery planning include a pre-crisis menu of options focused on economic, monetary, and consumer financial issues (such as those discussed in this memo). 8. Regulatory guidance. Requiring agencies to automatically issue guidance when a pandemic is declared. 9. Require flexible repayment options. Borrowers should be provided with affordable opportunities to repay arrearages over time without late fees or back interest. |
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You wait-sometime in the future when the dems are back in power,the Republicans will be telling us how they are for smaller government,less spending (We have to get debt under control!!!!),and the 2nd Amendment,and if we vote them back in power,they will give us all that,this time for sure................ Quoted:
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This is just Crazy Maxine's Democrat Wishlist, not the bill. im not holding my breath for any of them to be preaching about the importance of budgets or not sticking our grandchildren with enormous debts.. that ship sailed, torpedoed, exploded, sank, was salvaged, melted into knives and dildoes that were used to shove up the ass of " reasonable." and then stab it to death, a long time ago. 
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5. Pandemic Risk Insurance Act. This provision would create a reinsurance program similar to the Terrorism Risk Insurance act for pandemics, by capping the total insurance losses that insurance companies would face. This is a request from the National Retail Federation. |
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SO does this mean if we pay on time, our payments go directly towards principle?
If so, I may be able to crush some student loans and significantly pay down mortgage right before we refinance to further lower payments at the end of the crisis. This would be good for me as I will be working. I can apply any gubmint funds directly to long term loans like student/mortgage. |
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Nods for sure. Quoted:
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a extra $2k a month? fuck, ill spend it all on food, ammo and other preps, probably use it to build my bunker iv been wanting too. we will all be needing that shit in the near future. |
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Yup, HPA should pass any day now Quoted:
Quoted: yup, all of that, PLUS, if we will just vote them into power again, they will absolutely pass some pro gun measures, and show those democrats whos boss. 
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Moar than that homie... No rent, no mortgage, no credit card bills... We alz kangs naow! Quoted:
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An extra $6,000 a month I'm rich(er) bitches  No rent, no mortgage, no credit card bills... We alz kangs naow! 
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My fantasy is that a full NFA repeal gets hidden in the bill. They pass it to find out what's in it,but it's too late! Quoted:
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Quoted: yup, all of that, PLUS, if we will just vote them into power again, they will absolutely pass some pro gun measures, and show those democrats whos boss. 
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I say if a family is already on the government tit/welfare then they shouldn't get anything extra. They aren't missing any earned income or staying home from work. if they were really worried about the " right" thing, they would be having people to apply for financial help, and make them show a hardship, like job loss, extra child care bills, lost work hours, loss of income from your business being closed, loss of income cause your husband / wife died from the flu, etc. since they are not making anyone show hardship and they are including welfare rats as well... i have to assume that this is just a party time / gov cheese bill, that will line pockets, and throw wads of money out to keep everyone happy kind of bill, which also might help solve some hardship in the process. |
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Quoted: neither are millions of people with great jobs and no kids, who kept their jobs through all of this. if they were really worried about the " right" thing, they would be having people to apply for financial help, and make them show a hardship, like job loss, extra child care bills, lost work hours, loss of income from your business being closed, loss of income cause your husband / wife died from the flu, etc. since they are not... i have to assume that this is just a party time / gov cheese bill, that will line pockets, and throw wads of money out to keep everyone happy kind of bill, which also might help solve some hardship in the process. |
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This is plain and simple vote buying... his biggest selling point going into the election was the economy. Since all the gains from his term were just wiped out, he has to get vote somewhere Quoted:
Quoted: neither are millions of people with great jobs and no kids, who kept their jobs through all of this. if they were really worried about the " right" thing, they would be having people to apply for financial help, and make them show a hardship, like job loss, extra child care bills, lost work hours, loss of income from your business being closed, loss of income cause your husband / wife died from the flu, etc. since they are not... i have to assume that this is just a party time / gov cheese bill, that will line pockets, and throw wads of money out to keep everyone happy kind of bill, which also might help solve some hardship in the process. you guys make your trump bucks count. dont fucking waste it on vacations, and new tv's. become a prepper and make that shit count for whats coming next. food, water, ammo, and all the other shit you need to be as independent as possible from supply lines. |
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So a fam of 4 would get $6000 per month, ever month and wouldn’t have to pay loans, credit cards, or rent. Merry Fucking Christmas! If they roll the $2k/$1k for adults and kids, @SCW should buy everyone on this page of the thread a Glock... Or at lease a box of 9mm. Who wrote that crap and how big of an idiot can a person actually be? Where are they going to get $400-$500 trillion, for just the first month, to give out to the 330,000,000 people in the US? And what about the months after that? |
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So a fam of 4 would get $6000 per month, ever month and wouldn’t have to pay loans, credit cards, or rent. Merry Fucking Christmas! Taxed that's a 72k a year salary. Untaxed that's over 100k a year salary. No way it gets through at that level. You can't pay people lost their job making minimum wage a temporary monthly wage multiples of their actual annual income... |
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This would be insane. Taxed that's a 72k a year salary. Untaxed that's over 100k a year salary. No way it gets through at that level. You can't pay people lost their job making minimum wage a temporary monthly wage multiples of their actual annual income... Quoted:
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So a fam of 4 would get $6000 per month, ever month and wouldn't have to pay loans, credit cards, or rent. Merry Fucking Christmas! Taxed that's a 72k a year salary. Untaxed that's over 100k a year salary. No way it gets through at that level. You can't pay people lost their job making minimum wage a temporary monthly wage multiples of their actual annual income... |
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Quoted: i have to say i agree. we would be getting this same kind of massive spending in 2024 anyway when the dems get back in charge, i guess at least this way it wont all be spent on the dems pet projects, and we all get free cash in the process, that the smarter people can turn into food, ammo and other preps. i think we would be getting the same thing anyway, this is just moving it up a few years earlier. you guys make your trump bucks count. dont fucking waste it on vacations, and new tv's. become a prepper and make that shit count for whats coming next. food, water, ammo, and all the other shit you need to be as independent as possible from supply lines. 
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that is some radical shit. i dont care where it came from, republican or democrat.
my take... the government fears a breakdown of society and the political consequences, large numbers of folks out of work, out of money and close to losing everything. thats how you get communism, socialism, or fascism. so we are gonna do FDR V2.0. |