Joy Reid asks some very necessary questions.
Questions for @senatemajldr:
— Nope. (@JoyAnnReid) March 23, 2020
1) Why did the Republican bill contain a $500 billion slush fund?
2) Why should Treasury Secretary Mnuchin have control of such a fund w/o the American people being able to know who got the loans until after the election?
3) What are the loan terms?
5) Will cruise companies, who are mostly based offshore to vastly reduce their tax burdens and often utilize mostly low-paid, non-U.S. labor be able to access these bailout loans, and under what terms?
— Nope. (@JoyAnnReid) March 23, 2020
Please post any other questions you have below! #NoCorporateBailouts
Comments
6 responses to “About that $500 billion slush fund”
I thought it was hidden for 6 months, which would be well before the election.
What do you mean well before the election? One month before – that’s “well before”? In what sense? You think a month is ample time to inform voters on what Trump & the Richies did with all that money?
Also, the NY Times is reporting that “[a]s the legislation is currently written, Mr. Mnuchin would not have to disclose the recipients until six months after the loans were disbursed. ”
Six month after the loans were disbursed ≠ six months from the date of the legislation
Mnuchkin just has to wait until late May to greenlight any potentially politically controversial loans from his slush fund, and the public won’t find out until after the election.
Or early May, even.
God, these people.
More nasty questions.
And to be clear, if Trump wins re-election, you’re never finding out who got that money. Six months is just the period in which Treasury is forbidden by law from disclosing who got the $$$. After that, what happens?
House: Tell us who you gave the money to.
Administration: Shan’t.
House: Here’s a subpoena.
A: Fuck your subpoena. Uh, I mean, executive privilege. Yeah, that’s it.
H: Judge, please make them tell us who they gave a half-trillion of taxpayer money to.
Trump-controlled courts: Fuck your subpoena. Er, I mean, not our place to get involved in these inter-branch disputes. Guess you could always impeach him (*snicker*)
34+ GOP Senators: *snicker* *guffaw* *outright laughter* *high fives*
GOP-supporting businesses: *counting of money*