Smash & Grab: more corporate looting in the latest failed GOP Senate relief bill

Sen. Jeff Merkley explains why Senate Democrats blocked Mitch McConnell's corrupt coronavirus stimulus bill, “This is absolutely the worst of the worst when it comes to essentially corporate corrupt slush fund strategy. ” pic.twitter.com/ST94DOHOmG— Sarah Reese Jones (@PoliticusSarah) March 23, 2020

Wow. Some really serious problems with the Senate GOP stimulus bill, per a Democratic aide: pic.twitter.com/70Ehuh57X7

A big reason the Senate can't pass a bailout bill is that Republicans are refusing to require big companies that get bailouts to refrain from firing workers or imposing pay cuts.

Also, Republicans are opposing the expansion of unemployment benefits for workers who do get fired.

— Binyamin Appelbaum (@BCAppelbaum) March 22, 2020

Since Day 1, the Trump administration has been a smash-and-grab burglary for every Republican in DC. To them, a pandemic with devastating economic consequences is like finding a closet packed with jewelry boxes and HDTVs. https://t.co/bZoSaORmDs

@senatemajldr #MoscowMitch McConnell wrote a coronavirus stimulus bill that was nothing more than a gift to Wall Street and a corporate bailout, so Senate Democrats blocked it.

https://t.co/PbKeaaJft6

Why might Republicans be using the Coronavirus as cover to funnel billions to corporations? That’s an easy one: Republicans are about to lose power, big time. So they’re buying insurance policies w/corporate America so they can land positions as lobbyists & board members. #graft https://t.co/nctfsN63X4

— Glenn Kirschner (@glennkirschner2) March 22, 2020

Yes, center of a crisis you ignored for too long! Reality is your Bill gives $$ to corporations, doesn't protect workers or families. It failed 47 to 47, needing 60. Craft a Bill that helps the lower 98% & it would pass! Deeply disappointed in you#wtpSenate #COVID19 @DevinCow RT https://t.co/pzR9GmUY4P

It would be so easy to vote remotely. Skype, Zoom and other applications can allow visual identification of the Senator or Representative. Also the roll call of votes is made public relatively quickly, which means any potential cyber hacking is much less of an issue. https://t.co/VMvMgn9xw8

Trump illegally used money voted for Ukraine for his own unlawful purposes. He was literally impeached for this high crime. And now Trump's Treasury is asking to be entrusted with half a trillion dollars, at whim and in secret, no accounting until after the 2020 election? Madness

per a Dem source, a provision of the $500B bailout fund proposed by GOP would allow Mnuchin to delay making public for up to 6 months “names of applicable eligible businesses, States, and municipalities and the amounts of individual loans or loan guarantees”

This goes along with the thinking that you can’t shut down the country and ruin businesses forever. https://t.co/ZouFspJfdW

moral hazard incentivizes corporate looting by these executives akin to a pilot who gives himself a raise, crashes the plane, and then doesnt die because they were flying it remotely all along, then asks for gov to buy new plane. https://t.co/BlQKDANY6L

DOJ Is Using COVID-19 Crisis to Push for Expansive Emergency Powers | Yeah! Give the megalomaniacs more opportunity to create an authoritarian dictatorship! – https://t.co/0WL5AA3T7k

Yes. Bayer AG Pharma's largest stockholder is Deutsche Bank.
Thermo Fisher's 2nd largest stockholder: Deutsche Bank.

Trump sending Federal money to these companies is a backchannel way to pay off his underwater loans.

Oscar Health: Virus test kits. Owned by Jared's brother. pic.twitter.com/UzgAKYFH92