Mike Whitney, Unz Review
The Senate’s $2 Trillion Coronavirus Relief Package is not fiscal stimulus and it’s not a lifeline for the tens of millions of working people who have suddenly lost their jobs. It’s a fundamental restructuring of the US economy designed to strengthen the grip of the corrupt corporate-banking oligarchy while creating a permanent underclass that will be forced to work for slave wages. This isn’t stimulus, it’s shock therapy.
ROBERT STEELE: The right way to inject liquidity is via equity. Recapitalize the Social Security Trust fund with pure fiat money (not debt created) and let it buy equity of crucial American companies in terms of technology and productive capacity (not cruise ship lines, gambling casinos, media, entertainment, real estate funds, banksters-hedge fund hyenas-AI Quant jackals, and especially not the ADL). Turn the Social Security Trust Fund into a sovereign wealth fund managed by independent fiduciaries of a government oversight organization such the Federal Retirement Thrift Investment Board. And no bail-outs without the US getting equity, either common stock or preferred, or a combination thereof.