How Does Trump Prop Up His Failing Coronavirus Economy?

He orders the Federal Reserve Chairman to buy stocks, bonds, and Exchange Traded Funds.

Yep… buying stocks and bonds will work just perfectly, because BUSINESS!

How much sense does that make, eh?

Buying stocks in companies that could go belly-up because NO ONE is BUYING their stuff is nonsensical – it’s a non-starter, a non sequitur.

Jerome Powell, Chair, Board of Governors of the Federal Reserve speaks to guests during a conference at the Federal Reserve Bank of Chicago, June 4, 2019.

Then who’s left holding the bag, eh?

You, me, and the taxpayers.

Instead, the Fed should just GIVE MONEY TO PEOPLE… who in turn will SPEND IT.

And THAT is what those firms need – paying customers.

You see?

It’ll end up in the companies’ hands, anyway.

So as long as

Paul Ryan calls Pentagon Generals liars

Wow.

Just, wow.

Ryan apologizes to nation’s top general for questioning Pentagon‘s truthfulness

By Alexander Bolton – 04/01/12 10:33 AM ET

House Budget Chairman Paul Ryan (R-Wis.) said Sunday he has apologized to Joint Chiefs of Staff Chairman Martin Dempsey for claiming military leaders had not honestly stated their budget requirements.

Speaking at a recent policy forum, Ryan suggested the nation’s top generals had downplayed their funding needs to accommodate President Obama’s goal of reducing defense spending.

“We don’t think the generals are giving us their true advice. We don’t think generals believe that their budget is really the right budget,” Ryan said at the event last week.Dempsey swiftly pushed back against Ryan’s comment.

“There’s a difference between having someone say they don’t believe what you said versus … calling us, collectively, liars,” Dempsey said. ”My response is I stand by my testimony. This was very much a strategy-driven process to which we mapped the budget.”

Ryan backpedalled