We begin to get numb or numbed by the activities of Donald Trump. You’ll see by the image above that he has now or is now attempting to buy votes, not only buy votes but also buy votes using taxpayer money.
I am disgusted as I am certain you are. Even his purchase of votes is a dishonest one. What he does not mention is that more than $10 trillion have been spent to save the economy from his coronavirus stupidity. Interestingly, more than 95%, that is to say 97%, of those monies went to companies, financial institutions, and individuals in the highest 30% of wealth holders and earners in the United States. That means that 3%, or less than $300 billion was distributed or is planned to be distributed among the 70% of the nation, the backbone of the nation. So here again Donald Trump has utilized the taxes of the 70% to bestow upon the 30% financial advantage. The attempt to utilize these distributions to try to buy votes is unfathomable. But nothing is unfathomable when it comes to Donald Trump.
The boosting of markets with taxpayer funds including oil and equities, another game to buy votes is inexcusable. We don’t know the amount of taxpayer money that has gone into equities through the Plunge Protection Plan controlled by Donald Trump and a couple of his cronies? At the same time the Fed has spent some $8 -10 trillion enhancing shares, debt, and oil. These interventions in the market with taxpayer funds are among the high points of Trump’s attempt to buy votes using the money of the bottom 70% population to enrich the upper 30%. Those in the upper 30% should understand that such behavior leads to an ultimate disaster in the economy. The 70% who are being left out of these distributions constitute 90% of consumer spending. As that shrinks so does the economy.
Watch each move with care as Donald Trump is fully aware that if he doesn’t remain president for life he and his cronies could well be in prison for life. This is an important motivation behind his crazier and crazier behavior.
Eric Trump Claims COVID-19 Will ‘Magically’ Vanish After Election Day
by Mary Papenfuss
The Huffington Post
“You watch,” Eric added. “They will milk it every single day between now and November 3rd.”
“And guess what – after November 3rd, coronavirus will magically, all of the sudden, go away and disappear and everybody will be able to reopen.”
He called it a “very cognizant strategy.”
In late February the president insisted that COVID-19 would “disappear” one day “like a miracle.”
In fact, there will likely be a second wave of coronavirus infections in the fall and winter, one that might be even worse than the outbreak over the past few months.