Wall Street Before Main Street: COVID-19 Relief Plans Will Hurt Workers – Everything Law and Order Blog

What relief will American workers get after the government poured $2.2 trillion into banks and businesses? Economist Dr. Jack Rasmus explains why the bailout for workers needs to be as big as the bailout for banks.

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20 thoughts on “Wall Street Before Main Street: COVID-19 Relief Plans Will Hurt Workers”
  1. This channel is not speaking on our behalf – there is money under the table from some unknown place. But we should distance our selves from them.

  2. If main street doesn’t have enough money to get by then they’ll use credit cards or other types of credit which further increases the amount going to banks. They want the money to trickle out so that they get a huge corporate socialism bail out from the government and then they also make money from working people who are struggling and using credit. It’s the same system we’ve always had pain low wages so people use credit that’s why the wages are low. This is so obvious but not mentioned here. Even though everything that is said by Dr. Rasmus is extremely important but I ask him to make this point please because it’s the reason the money is to clean out to main street

  3. u$a / capitalism’s disasters

    COMPARISON BETWEEN VIETNAM AND USA INFECTION RATES:

    Vietnam infection rate: 1 out of every 1.68 million

    Vietnam deaths: 0

    USA infection rate: 1 out of every 93,834

    USA deaths: 68

    Vietnam’s slogan during this crisis is “no person left behind,” and the generous containment and support package is WORKING. The USA could definitely afford to provide this kind of care and emergency relief. The wealthy elites simply DO NOT VALUE OUR LIVES. https://medium.com/@emericanjohnson/call-for-a-general-strike-against-genocidal-negligence-9dedb1fe2ca7

  4. One things for sure, this pandemic is truly exposing this government as the shadow government that it is! Those who couldn’t see it before damn sure as hell can see it now!

  5. The Bailout should be for the People, working and retired people to, instead of The Banks and Corporations! And equal it up and Let the Republican Democrats, Congressmen and Senators give your up their Salaries for this Entire year 2020.👍😂

  6. bail out boieng and then place austerity to get the money back. excellent economy……

  7. @12:45 the foreclosed homeowners got 25 billion dollars… Wait, what? Did they? I don't think so. I do know that some of them got a little food and pastries from me, because they were living under the bridges in my city. But 25 billion dollar?

  8. "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I believe that banking institutions are more dangerous to our liberties than standing armies…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." – Thomas Jefferson

    In this time crisis we are watching huge tax bailouts of corporations and banks. The left over "crumbs" for main street/workers in America, just high lights the disconnect between D.C. and the rest of the nation. Look how long it took to pass the current relief act. This consumer market can not function if the consumer has no currency to spend. These "stock buy backs" do not make the economy work, it's all speculation. The knot is so tangled it needs to be thrown away.

  9. It isn't too late for Bernie Sanders! Go Bernie! You can do It! Don't give up just yet! You have already won the Primaries abroad so you can win them at the Homeland too! HEALTHCARE WORKERS are the TRUE HEROES around the entire World. They do deserve the appropiate equipment right here and right now!!! I'm writing from el Barrio de San Mateo Churubusco, Coyoacán, Ciudad de México
    ¡Muchas Gracias!
    ANITA PERCHES

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