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The GQP: Trumpist Death Cult


Hugo Stiglitz

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11 hours ago, wildcat09 said:

What the hell is going on?

anastasis gets grumpy when folks pile on old republican talking points (like trickle down). i guess its religious a bit - russian drones out front shoulda told ya

post 7960 is fucking hilariously funny and dripping with drambuie. eh what you gonna do. I give it an A +++

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Just Republicans trying to sabotage the economy, but what else is new


Lawmakers hit major roadblock over GOP plan to limit Fed, imperiling weekend deal for emergency relief package
By Mike DeBonis, Jeff Stein and Rachel Siegel

https://www.washingtonpost.com/us-policy/2020/12/19/stimulus-talks-race-against-government-shutddown-deadline/

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2 minutes ago, elfenix said:

Just Republicans trying to sabotage the economy, but what else is new


Lawmakers hit major roadblock over GOP plan to limit Fed, imperiling weekend deal for emergency relief package
By Mike DeBonis, Jeff Stein and Rachel Siegel

https://www.washingtonpost.com/us-policy/2020/12/19/stimulus-talks-race-against-government-shutddown-deadline/
 

Frankly at this point the dems should just walk away and say we will deal once trump is no longer the president. The republicans are simply that evil.

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28 minutes ago, elfenix said:

Just Republicans trying to sabotage the economy, but what else is new


Lawmakers hit major roadblock over GOP plan to limit Fed, imperiling weekend deal for emergency relief package
By Mike DeBonis, Jeff Stein and Rachel Siegel

https://www.washingtonpost.com/us-policy/2020/12/19/stimulus-talks-race-against-government-shutddown-deadline/
 

Insane.

Quote

A late push from Sen. Patrick J. Toomey (R-Pa.) to rein in the nation’s central bank had already divided lawmakers over the past several days. But the impasse appeared to deepen on Saturday, as congressional leadership and rank-and-file senators on both sides of the aisle dug in over the issue, imperiling prospects for a deal before Monday. 

Toomey, a conservative lawmaker on the Senate’s banking committee, has demanded provisions be included in the virus relief package that would curb the ability of the Fed to restart emergency lending programs for localities and small businesses. 

Senate Majority Leader Mitch McConnell (R-Ky.) told Senate Republicans during a private call Saturday afternoon that the party should stick by Toomey’s plan, according to two people who requested anonymity to share details of the call. 

Spoiler

Senior lawmakers attempting to complete an emergency coronavirus relief package this weekend slammed into a major roadblock on Saturday over Republican demands to limit the authority of the Federal Reserve. 

What you need to know about the coronavirus relief bill

But senior Democrats have balked at agreeing to what they see as a nakedly political attempt to limit the economic tools available to the Biden administration. Throughout Friday and Saturday, a chorus of Senate Democrats rang out, urging party leadership not to budge on the issue. Democrats have already agreed to drop aid to state and local governments from the relief package, and some lawmakers have hoped the central bank could serve as a backstop for assisting ailing municipalities. 

The Toomey proposal would amount to one of the most significant moves on the central bank’s autonomy in years. Former Federal Reserve chair Ben S. Bernanke weighed in on the dispute in an unusual public statement on Saturday, saying that the central bank’s emergency lending authorities should be at minimum as robust as they were before passage of the Cares Act in March. Bernanke said it was “vital” that the central bank’s ability to “respond promptly to damaging disruptions in credit markets not be circumscribed.” 

The intensifying dispute threatened to derail delicate negotiations for a nearly $1 trillion relief package that would provide hundreds of billions in emergency aid to the unemployed and small businesses; funding for vaccine distribution and health-care facilities; and another round of stimulus checks to millions of Americans. 

The need for such a package has only grown as the virus rampages across the nation and several emergency programs protecting tens of millions of Americans are set to expire in days. 

House Speaker Nancy Pelosi (D-Calif.) on Saturday called the dispute over Toomey’s proposal “the big thing” holding up an agreement. 

Asked about the latest in negotiations, Sen. Richard J. Durbin of Illinois, the No. 2 ranking Senate Democrat, said: “Toomey, Toomey, Toomey.” 

The holidays, looming Senate runoff elections in Georgia and the prospect of a partial government shutdown are adding to the pressure for negotiators to finalize a deal this weekend. 

Congressional leaders had given themselves until midnight Sunday to close out talks. President Trump on Friday night signed a two-day spending bill to keep the government open until midnight Sunday. If no deal is reach on the stimulus package, lawmakers would have to pass another temporary measure before Monday. Otherwise, parts of the federal government would shut down. 

In an ominous sign for the relief talks, rank-and-file senators in both parties signaled that they would be unwilling to move forward if they did not get their way on the Toomey proposal. 

Sen. Elizabeth Warren (D-Mass.) on Saturday denounced the Toomey plan and said “Democrats should stay firm” to resist the changes. Sen. Angus King (I-Maine), a moderate who caucuses with the Democrats, said such an idea would “cripple the next administration’s ability to deal with a recession.” 

On the Republican side, Sen. Tom Cotton of Arkansas tweeted that Democrats were seeking a “slush fund for their political cronies.” Cotton added that Toomey’s position “is in fact the position of the Republican Senate Conference.” Sen. John Neely Kennedy of Louisiana, a member of the Senate Banking Committee, told reporters that Democrats were trying to use the central bank’s authorities “as a back door to do what they couldn’t do through the front door.” 

Kennedy added of Republicans’ approach to the issue: “I think we ought to stand firm.” 

As the standoff threatened to turn into a partisan inferno Saturday afternoon, senators gathered on the floor during a confirmation vote and began to directly work out the dispute after days of sputtering staff-level talks. Toomey and Sen. Mark R. Warner (D-Va.) — both senior members of the Senate Banking Committee — sat facing each other, flanked by nearly a dozen other senators. 

After about 10 minutes of sometimes animated discussion, several of the senators retreated to the office of Senate Minority Leader Charles E. Schumer’s (D-N.Y.). Leaving after about 30 minutes, Toomey said: “I think that we should be able to get a deal done.” 

But Mitt Romney (R-Utah), another participant who has sought compromise, sounded more downbeat, telling reporters: “I can’t predict what the result is going to be. I don’t know whether they’re going to be able to bridge the divide or not.” 

On a call Saturday evening with Democratic senators, Schumer indicated that Toomey said he was willing to modify his proposal to reach a compromise and that talks would continue into the night, according to two people on the call spoke on the condition of anonymity. He said if an agreement was reached late Saturday, the Senate could vote as soon as Sunday on a final deal, though others have cast doubt that the bill can be written and passed by the House that quickly. 

© Stefani Reynolds/Bloomberg The U.S. Capitol building in Washington, D.C., U.S., on Monday, Oct. 26, 2020. The three months of squabbling over a new round of virus relief moved no closer to a resolution over the weekend, all but extinguishing the prospects of a stimulus bill being written, voted on, and signed into law by President Trump before the election.

McConnell has said lawmakers will not leave Washington for the holidays until a deal is done. And on Friday night he expressed optimism that a deal would be reached. But on Saturday, multiple lawmakers and aides on Capitol Hill, who were not authorized to speak about the negotiations publicly, conceded that it was hard to imagine a swift resolution to the stalemate over the Fed. 

Debate over Fed’s powers prove stumbling block to stimulus talks

Lawmakers have yet to resolve other issues. Those include eligibility for small-business relief; how to structure unemployment aid; and the criteria for sending out a $600-per-person stimulus check. Pelosi told House Democrats during a call on Saturday that lawmakers remained divided over the amount of money necessary for food assistance, according to a person who spoke on the condition of anonymity to share the speaker’s private remarks. 

However, many aides close to talks expressed optimism that these issues could be addressed fairly quickly if the dispute over the Fed is resolved. Sen. John Thune of South Dakota, the No. 2 ranking Republican, said Saturday that the “probably more likely scenario” is that negotiations continue into Monday. 

“But I think we’re in the homestretch; we’re on the glide path,” Thune said. “I think we’re going to get this done and help out the American people.” 

Still, Treasury Secretary Steven Mnuchin told Senate Republicans during a 1 p.m. call on Saturday that Toomey’s demands had not been resolved, a person familiar with the internal call said. McConnell also told Senate Republicans on the call that the GOP needed to support Toomey’s efforts. 

“I think we need to stick with where we are,” McConnell said, according to two people familiar with the call. 

The two sides were even at odds over whether Federal Reserve Chair Jerome H. Powell had taken sides in the dispute. In morning remarks on the Senate floor, Schumer said Powell opposed the proposed changes. Later in the day, Toomey addressed that assertion: “I would challenge anyone to find a statement in the public record that he has made in criticism of this,” he said. “He’s very well aware of what’s going on.” 

By Saturday evening, the central bank had not responded publicly to the Republican proposal. But in November, the Fed stated that it “would prefer that the full suite of emergency facilities established during the coronavirus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy.” 

Republicans say the Fed’s programs, initially funded with a $500 billion congressional appropriation under the March relief bill, were of marginal utility earlier in the pandemic and are no longer necessary in any case. 

Democrats have argued that the Toomey proposal represents an unusual political intervention into the independence of the Fed, limiting emergency lending powers it has possessed since 1932. 

“It’s no surprise that Republicans are drawing a line in the sand over their ability to sabotage the economy, and tie the Biden administration’s hands,” Sen. Ron Wyden of Oregon, the ranking Democrat on the finance committee, said in a statement. 

Aid to states and cities likely to be cut out of stimulus deal, leaving governors and mayors on the ropes

Democrats have signaled that they might be willing to accept language that restricts use of Treasury funds appropriated under the March aid bill, but not language that would restrict the Fed from doing similar lending using its own assets. 

“I think we could go with one part and not the other,” House Majority Leader Steny H. Hoyer (D-Md.) said Friday. “And that's the deal I think we ought to make.” 

Hoyer told House members Friday not to expect votes until 1 p.m. Sunday at the earliest — just 11 hours before the next shutdown deadline. House Democratic leaders have scheduled a noon videoconference to update members on the negotiations. 

Likely to run many hundreds of pages, the package is not only expected to carry the $900 billion virus relief deal but also $1.4 trillion in year-long appropriations for federal agencies; the extension of tens of billions of dollars in expiring tax breaks; a bipartisan energy bill; a long-delayed bipartisan solution to surprise medical billing; and dozens of other potential add-ons that lobbyists and congressional aides are hoping to include in this last legislative vehicle of the year. 

Lawmakers will almost certainly be asked to vote on a broad piece of legislation with only hours to review it. 

 

 

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1 hour ago, elfenix said:

Just Republicans trying to sabotage the economy, but what else is new

Lawmakers hit major roadblock over GOP plan to limit Fed, imperiling weekend deal for emergency relief package
By Mike DeBonis, Jeff Stein and Rachel Siegel

https://www.washingtonpost.com/us-policy/2020/12/19/stimulus-talks-race-against-government-shutddown-deadline/

I think it will still happen.  Mitch desperately needs this relief/stimulus to help Republicans in Georgia, even as Trump is bashing those same Republicans.

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4 hours ago, staboner said:

anastasis gets grumpy when folks pile on old republican talking points (like trickle down). i guess its religious a bit - russian drones out front shoulda told ya

post 7960 is fucking hilariously funny and dripping with drambuie. eh what you gonna do. I give it an A +++

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Bitches get treated like bitches. 

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On 12/18/2020 at 4:10 PM, NameAlreadyInUse said:

I was intrigued when I thought he had a picture of a dick tattooed somewhere on his body.  I was like, "Tell me more!"

Then I read more and realized he was saying he had a tattoo on his dick.  Now I'm like, "No, no thank you."  

Its probably not just a tattoo on his dick, but a prison tattoo on his dick.

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On 12/18/2020 at 8:34 PM, Anastasis said:

You don't know if I was referring to you when I said "Two of the standard bearers unable to differentiate the real threats from the crazy ass conspiracy nonsense chime in within seconds." when you are one of the only two posts that responded to me within seconds of my post?

 

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