Here’s a link to the NY Times article where this sequence was originally published.
U.S. Treasury Secretary Steven Mnuchin’s decision to allow key pandemic relief programs to expire is like stripping lifeboats from the Titanic, according to Carl Weinberg, chief economist at High Frequency Economics.
Mnuchin announced Thursday that he will not extend the Federal Reserve’s emergency lending programs that used Congress’ CARES Act funds beyond Dec. 31. The move is expected to drastically reduce the central bank’s ability to shore up the financial system.
“I don’t think there is a good economic or public health or social reason to explain why they want to cut these programs at this particular time, so it has kind of got to be politics, doesn’t it?” Weinberg said.
Regardless of performance at the gig he was appointed to by El Trumpo, Mnuchin is, as we say, a political animal. In this instance, a pet conservative owned by the very former president.
Atlanta’s Democratic Mayor Keisha Lance Bottoms on Wednesday ripped President Donald Trump over his willingness to throw fellow Republicans under the bus when they don’t agree 100% with his agenda.
“He will eat his own children, I’m sure, if he found it prudent,” Bottoms told CNN anchor Anderson Cooper…
Bottoms made the quip during a discussion about the upcoming U.S. Senate runoff elections in Georgia on Jan. 5, when GOP Sens. David Perdue and Kelly Loeffler will face off against Democrats Jon Ossoff and Raphael Warnock. Democrats need to win both seats to tie the Senate’s balance of power 50-50, giving Vice President-elect Kamala Harris the tiebreaking vote.
No one is surprised by such an appraisal of this self-serving thug…in my neck of the prairie.