Also still no deal on a relief bill. This is The COVID-19 Daily Report for July 31, 2020.
Federal Reserve
Posted inCoronavirus
Unsanitized: How the Federal Reserve’s Thumb is on the Bailout Scale
Also, updates on Social Security and debt collectors. This is The COVID-19 Daily Report for July 24, 2020.
Posted inCoronavirus
Unsanitized: Why Is There a Deadline on PPP Applications?
Plus, the Fed gives the game away. This is The COVID-19 Daily Report for June 18, 2020.
Posted inCoronavirus
Unsanitized: Growing Pressure on the Fed to Save State and Local Governments
The central bank is too busy with asset inflation when state and local budgets are in crisis. This is The COVID-19 Daily Report for June 16, 2020.
Posted inCoronavirus
Unsanitized: The Federal Reserve Can End the State Fiscal Crisis Today
With Congress inert, the Fed can solve the economy’s biggest looming threat. This is The COVID-19 Daily Report for June 12, 2020.
Posted inCoronavirus
Unsanitized: BlackRock Is Buyer and Seller
Plus, the problem with reopening. This is The COVID-19 Daily Report for May 30, 2020.
Posted inCoronavirus
Unsanitized: A Bailout for Elites, Crumbs for Everyone Else
Plus, the meatpacker plot thickens. This is The COVID-19 Daily Report for May 27, 2020.
Posted inCoronavirus
How the Fed Bailed Out the Investor Class Without Spending a Cent
Just announcing $4.5 trillion in future spending to support securities markets was enough to keep owners of capital protected from the downsides of the coronavirus.
Posted inTAP
Taking Public Money and Screwing Workers: The Airlines
Today on TAP: United and others must comply with bailout terms
Posted inEconomic Policy
The Dawn of the BlackRock Era
The world’s largest asset manager is poised for overwhelming influence no matter who wins the next presidential election.
