New York Times: Here come the bailouts
Politico: Emergency stimulus to soar above $1 trillion - POLITICO
Washington Post: Casinos ask Congress for emergency aid as coronavirus
toll tweeps industry
[ [link removed] ]SIGN THE PETITION: Congress, no corporate welfare or
no-strings-attached corporate bailouts. Give direct support to the
American people.
[ [link removed] ]Turn on images to see Stephanie's tweet: Bailouts are coming. I'd like
to suggest one simple rule for Democrats to follow right now: Bailout
people, not corporations. Not banks, not airlines, not cruises, not oil.
People.
[ [link removed] ]Turn on images to see tweet: My friends and family are terrified. We
have no faith in our government to help us. Today I was informed by my
employer that they have closed all offices in the company for at least two
weeks. As an IT Operations Technician I make $19.89 an hour, and the CEO
makes $64,000 a day.
[ [link removed] ]Turn on images to see this Tweet: As a person who can't afford her
prescriptions (the copays are less than $20 total) or rent due to job not
giving me hours because of #COVID19 I desperately need a bailout.
The bailouts are coming. In this pivotal moment, we want to suggest one
simple rule to Congress: No corporate welfare or bailouts for corporate
CEOs. Give direct support to the American people! [ [link removed] ]Sign on here.
Elizabeth Warren has called for a "grassroots stimulus." Instead of
bailing out big corporations and banks, workers need paid leave and
suspension of rent and mortgage payments so they can care for themselves
and their families without putting others at risk.
Young people and adults need student debt cancellation to free them from
this burden so they can meet their basic needs -- which will also pump
more money into the economy. Seniors need expansion of Social Security
benefits so they don't have to choose between paying for food and
medicine.
[ [link removed] ]ADD YOUR NAME: Congress, no corporate welfare or no-strings-attached
corporate bailouts. Give direct support to the American people -- in a way
that helps people in the short term and improves our economy for the long
haul.
If you or a loved one is in particular need of support right now, please
share your story on the [ [link removed] ]petition page. We will update elected officials
and the media.
With school closures, restaurants and bars shutting down, entire cities
moving toward lockdown, the absence of a social safety net is clearer than
ever. The harsh reality is, we’ve been here before.
Just 12 years ago, the 2008 financial crisis hit. And when it did, the
federal government responded with a bankers’ bailout. The rich and
powerful got richer and more powerful, while an entire generation of
Americans struggled.
Jon Stewart proposed at the time:
I have a plan, let me run it by you. They’re bailing out these gigantic
corporations...instead of giving billions and billions of dollars to the
banks, basically rewarding their poor performance, why not get something
tangible for those billions, and give it to the consumer? Take all the
consumer debt, give us the money...give it to the consumers who have the
debt, pay off their debt, the money goes right back into the bank
anyway...it's a “trickle up” theory of economics.
There's a right way of doing this and a wrong way.
[ [link removed] ]SIGN THE PETITION: Congress, no corporate welfare or
no-strings-attached corporate bailouts. Give direct support to the
American people -- in a way that helps people in the short term and
improves our economy for the long haul.
Thanks for being a bold progressive.
— The PCCC Team
Paid for by the Progressive Change Campaign Committee PAC (www.BoldProgressives.org) and not authorized by any candidate or candidate's committee. Contributions to the PCCC are not deductible as charitable contributions for federal income tax purposes.
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