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Bernie Sanders suspended his campaign but will remain on the ballot. Right thing to do? Scientist Bruce Pollard tells us why COVID-19 charts are defective.
America must be sad for the sequence of events that led to Bernie Sanders’ suspension of his campaign.
It is clear that Americans wanted his policies, not only Democrats but American’s in general. That said, Bernie’s refusal to simply release his troops to Biden is being met with consternation from many. Bernie is doing the right thing and we will discuss that.
Have you been concerned about the charts? In the second half of the show, Bruce Pollard will discuss why they are misleading.
Notes:
- Analysis: He Got Tested For Coronavirus. Then Came The Flood Of Medical Bills.
- New polling out Wednesday backdropped by the continuing coronavirus outbreak shows that most of the country believes the U.S. political system works only for the wealthy and elite rather than for working people.
- Is it time to socialize our hospitals for the COVID-19 direction?
- Are we about to go into depression?
- The looting of America.
- Drug company forced to back down from monopoly on government-funded promising COVID-19 drugs.
Bernie, you remain our movement’s inspiration.
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Facing ‘Extinction-Level Event,’ Small Businesses Urge Congress to Replace Disastrous Loan Program With Direct Payroll Grants
“Without a substantial, immediate response that addresses the magnitude of this problem, our small business sector will be devastated.”
With millions of small businesses on the brink of collapse and struggling to obtain coronavirus relief after the Trump administration’s disastrous rollout of a $350 billion rescue fund, progressives are calling on Congress to authorize direct payroll grants to companies in need instead of dumping hundreds of billions more into a deeply flawed program.
The Paycheck Protection Program (PPP)—authorized by the massive coronavirus stimulus package President Donald Trump signed into law last month—had a chaotic launch last Friday amid mass confusion among small businesses and banks tasked with distributing relief loans backed by taxpayer money.
Amanda Ballantyne, executive director of Main Street Alliance (MSA), a progressive coalition that includes 30,000 small-business owners, told the Washington Post on Tuesday that the program’s rollout was a “train wreck” that will not be remedied by simply pouring more money into its coffers.
On Twitter, MSA said the loan program “suffers from design flaws—money should be distributed by the Treasury Department, perhaps in partnership with local or state governments, instead of banks.”
“Small business should be given #GrantsNotLoans,” the group tweeted.
MSA is calling on Congress to pass legislation that includes “direct federal subsidies to employers impacted by COVID-19 to cover payroll, health insurance premiums, and rent” as well as “5-10 year no interest loans with streamlined application process to cover other fixed expenses.”
“Focusing on direct payroll and healthcare subsidies for small employers is an approach that will mitigate potentially severe impacts for employers and workers,” MSA said on its website. “This is an extinction-level event for small businesses in the U.S. Without a substantial, immediate response that addresses the magnitude of this problem, our small business sector will be devastated.”
[More]
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