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Politics

New York Mag: 'Small Business Bailout Just Got A Whole Lot Better'

Crooks and Liars - 11 hours 53 min ago

New York Magazine's Eric Levitz is not an easy sell, so if he's pleased with this, we should all be. Via New York Magazine:

According to Levitz, the SBA and the Treasury Department worked to resolve problems with the small business bailout package and they have been successful. And in this CNBC interview, Mnuchin indicated that Congress is already agreed that they will raise the cap on the program when needed. Levitz summarizes:

Who qualifies for a small-business loan? What do I get if I qualify?

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Categories: Politics

EXPLOSIVE: 6.6 Million Americans Applied For Unemployment Benefits Last Week

Crooks and Liars - 12 hours 13 min ago

New Day's John Berman noted the top line number on unemployment claims is "double what it was last week. I think higher than the worst we even expected for this week."

"Yeah, it really is a job shock here. You got 10 million layoffs or furloughs, that means just the past couple of weeks, 10 million. It is pointless for me to make a chart of it for you, John. It just looks like a geyser going straight up," Christine Romans said.

"I'm surprised the state employment offices were able to handle this kind of volume. Last week, we know there were so many people filing for unemployment benefits, they weren't able to get all of them. Another notable thing about these numbers, the numbers doubled and it has spread from hospitality and restaurants into just about every corner of the economy, including healthcare."

"It is everywhere in just about everything, Julia, which means that, you know, it is affecting everybody. You are either unemployed now or know someone who is, people are struggling," Berman said.

"These are devastating numbers. And to Christine's point there, I think, what we also heard in the past week is governors of Ohio, Kentucky, New York saying our systems simply can't deal even now with the volumes that we're seeing," Julia Chatterley said.

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Categories: Politics

CDC doctors warned about dangers of pandemic in 2018—yet another warning Team Trump ignored

Daily Kos - 12 hours 57 min ago

Another day, another report on a recent pandemic warning ignored by the Trump administration. In 2018, the Centers for Disease Control and Prevention held a day-long conference to commemorate the 100th anniversary of the Spanish flu pandemic, with sessions like “Innovations for pandemic countermeasures.”

“Are we ready to respond to a pandemic?” asked one of the doctors at the conference. “I fear the answer is no.” In one of many details that would seem over the top if this was all fictional, that doctor, Luciana Borio, was part of the National Security Council global health section that Donald Trump dismantled soon after the conference, making the U.S. even less ready to respond to a pandemic.

Categories: Politics

Dr. Rishi Desai Won't Be Invited Back To Fox News Anytime Soon

Crooks and Liars - 12 hours 58 min ago

This infectious disease doc appeared on Fox News last night after Trump's daily performance, and Martha MacCallum
asked Desai about his call for mass testing to stop the virus. She said tests aren't yet widely available, “but they’re working on it.”

“Yeah, they’re working on it. They should have been working on it for months,” Desai said. He said the WHO knew about the virus in December.

“So last year we know about this. We knew coronavirus was coming, we knew it was a respiratory disease, and we knew it was person-to-person. Why is it that it is this week that the FDA finally approved these new Abbott lab testing? Which, by the way, was one test at a time. It’s a great test but it’s one test at a time. It’s different from the labs that are doing mass testing."

He said the new test was “wonderful but it’s not the same volume that you need.”

“We needed this months ago. You look at Korea, South Korea and the U.S. had their first official confirmed case on the same date: January 19th. Since January 19th, you look at what South Korea did and what we did. Their population is 1/6th of ours, look at the cases they have, look at the mortality they have.”

“It’s a trifle compared to what we’re dealing with right now because we had a very weak response and they had a very strong response."

"Very weak response"? From our very, very strong and excellent president? Guess we know who won't be invited back!

Categories: Politics

6.65 million workers filed new claims for jobless benefits last week, 10 times the record set in '82

Daily Kos - 13 hours 10 min ago

For the past several years, analysts have usually only glanced at the weekly number of new claims for unemployment benefits. These have remained historically low—just a bit above 200,000. The focus instead has been on the monthly report from the Bureau of Labor Statistics as the growth in new jobs that began under President Barack Obama continued for 113 consecutive months. But as the first economic impacts of the coronavirus took hold, new benefit claims soared by 70,000 three weeks ago, hit a record-shattering 3.28 million two weeks ago, and last week the Labor Department announced today, rocketed another 6.65 million. That’s almost 10 times the record of 695,000 new claims set one week late in the recession of 1982.

Add that combined total of nearly 10 million people to the 5.8 million already out-of-work, and it pushes the unemployment rate from 3.5% to 9.5%. But that’s not what the BLS report will show Friday. More about that in moment.

Categories: Politics

FEMA enters the fight against COVID-19 with order for 100,000 body bags and 85 refrigerated trucks

Daily Kos - 13 hours 12 min ago

When it comes to ventilators, there has really been only one hoarder. Donald Trump has been sitting on a stack of the things, handing them out grudgingly to the states he favors and withholding them from the areas where COVID-19 is spiking. When it comes to protective gear, Trump has accused doctors and nurses of stealing masks, and done nothing at all about a robust and open market profiteering on death as all 50 states and the federal government bid against each other. Worse, the federal government has failed to step in as masks, gloves, and other vital equipment are shipped away from America to the highest bidder.

But there is is one item where the federal government is getting ahead of the game. An item of coronavirus gear where they know there is going to be a big national need, and they’re actually getting in the request weeks, or at least days, before that need becomes desperate. This time FEMA is on top of—a request for 100,000 body bags for American dead.

Categories: Politics

Trump Still Insists Governors Kiss His Butt To Get Critical Supplies

Crooks and Liars - 13 hours 44 min ago

Welcome to the COVID-19 Games, where the tributes are governors fighting for the scraps of critical protective gear still available, and where success still depends on kissing Trump's ass.

Last week Trump was playing quid pro quo with Americans lives, telling governors "it's a two-way street. They have to treat us well." The result of not doing so is not getting help. Take New York, which requested 30,000 ventilators and got 4,400. And is being outbid by FEMA on the private market, where the state has been trying to procure more. “What sense does this make?” Gov. Andrew Cuomo told reporters Tuesday. "The federal government, FEMA, should have been the purchasing agent. Buy everything, and then allocate it by need to the states." Wisconsin's Democratic Gov. Tony Evers asked for 190,000 nonsurgical masks from FEMA last week, and has struggled to find ventilators. He has no idea where the masks are.

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Categories: Politics

Shameful Neglect: 11 Veterans Died At Massachusetts VA Hospital, 5 Positive For COVID-19

Crooks and Liars - 13 hours 45 min ago

On Monday, eleven patients at the Soldiers' Home in Holyoke, Massachusetts died. Five of them tested positive for COVID-19. Five more have been tested, but results have not come back, and one's status is unknown. According to CNN:

Eleven more veterans and five staff members have also tested positive for the virus, according to Morse. Twenty-five additional residents are awaiting the results of testing to determine if they have Covid-19.

Holyoke Mayor Alex Morse had received complaints about conditions at the facility, where 233 veterans live, and Morse reached out to the facility's Supt. Bennett Walsh, who Morse said spoke of the deaths, and positive COVID-19 tests results with "a complete lack of urgency."

Morse said following his conversation with Walsh he immediately reached out to Lt. Gov. Karyn Polito. Within a half hour, he said he received a call from the state Secretary of Health and Human Services.

[Dan] Tsai {Massachusetts Health and Human Services Deputy Secretary] told CNN his department has implemented an "onsite clinical command team comprised of medical, epidemiological, and operational experts responsible for the comprehensive and rapid response to the outbreak of Covid-19."

As of March 30, Supt. Walsh has been placed on paid administrative leave.

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Categories: Politics

Mike's Blog Round Up

Crooks and Liars - 14 hours 2 min ago

Just An Earth-bound Misfit: Boeing is in trouble again, this time over its KC-46 aerial fuel tanker for the Air Force.

Progress Pond: Tennessee Republican Governor Bill Lee is a one-man public health crisis.

Juanita Jean’s: The “President as the Anti-Christ” is a bunch of malarkey. Still…

Joe.My.God.: Pastor Robert Jeffress decries the “few fanatical nutjobs among evangelicals” who refuse to cancel church services during the Coronavirus crisis.

Speaking of which, your quote of the day:
"President Obama is not the Antichrist. But what I am saying is this: the course he is choosing to lead our nation is paving the way for the future reign of the Antichrist." (Pastor Robert Jeffress, November 4, 2012.)

Guest blogging Mike's Blog Round Up this week is Jon Perr from Perrspectives. Send your tips, recommendations, comments and angst to mbru AT crooksandliars DOT com.

Categories: Politics

Morning Digest: Mirroring Trump, Texas GOP candidate's ad fans anti-Chinese racism over coronavirus

Daily Kos - 14 hours 3 min ago

The Daily Kos Elections Morning Digest is compiled by David Nir, Jeff Singer, Stephen Wolf, Carolyn Fiddler, and Matt Booker, with additional contributions from David Jarman, Steve Singiser, Daniel Donner, James Lambert, David Beard, and Arjun Jaikumar.

Leading Off

TX-22: While even Donald Trump has, at least for now, stopped dog-whistling to racists by calling the coronavirus the “Chinese virus,” self-funder Kathaleen Wall is just getting started.

Wall is out with a new TV spot ahead of the July 14 GOP runoff that opens with a narrator charging, “China poisoned our people” as an animation shows arrows labeled “Chinese Virus” flying across the Pacific and landing in the United States. After praising Trump for using this racist term, the narrator says that Wall will “cut off trade, aid, and support to China.” The ad ends by calling the world’s largest country—and America's largest trading partner—“a criminal enterprise masquerading as a sovereign nation.”

Categories: Politics

Vegas Paints 'Social Distancing Boxes' In Parking Lot For Homeless

Crooks and Liars - 14 hours 3 min ago

After a man who had been staying at the Catholic Charities of Southern Nevada tested positive for the coronavirus, officially known as COVID-19, Clark County and Las Vegas city officials announced they had devised a plan to move people who would otherwise be staying at the shelter to a convention center parking lot. The county referred to the parking lot as a temporary "shelter" despite the fact that people staying there will be sleeping outdoors.

Categories: Politics

Cartoon: The new New Yorker

Daily Kos - 14 hours 13 min ago

Two Tom the Dancing Bug books are coming in May from Clover Press, in celebration of the comic's upcoming 30th anniversary--> Tom the Dancing Bug: Into the Trumpverse, and The Super-Fun-Pak Comix Reader. Information about the books, including how to pre-order, and special offers HERE.

You can order Into the Trumpverse on Amazon here.

"That fact that Tom the bug can keep dancing in this day and age is a testament to Ruben Bolling’s skills as a cartoonist!"
-Seth Meyers

You can Tom the Dancing Bug's INNER HIVE to see each week's comic, get exclusive extra comics, sneak peeks, insider scoops, and lots of other stuff. Join HERE.

FOLLOW @RubenBolling on the Twitters and a Face Book perhaps some Insta-grams, and even my/our MeWe.

Categories: Politics

Cheers and Jeers: Thursday

Daily Kos - 14 hours 14 min ago

Coronavirus Response Master Class

x

Take note, National Book Awards.

Continued…

Categories: Politics

Abbreviated pundit round-up: Calif. justice delayed; Republicans were warned; ignore the bankers

Daily Kos - 14 hours 33 min ago

The Abbreviated Pundit Round-up is a regular feature of Daily Kos.

Noah Feldman at Bloomberg writes—Coronavirus Shouldn't Delay Justice in California:

In a little-noticed move over the weekend, California’s judicial council unanimously took some worrisome steps away from constitutional principles. Drawing on emergency powers conferred by state law and an executive order by the California governor, the council changed the deadline of 48 hours for arraigning arrestees to as much as a week. It also extended the date for a mandatory preliminary hearing in criminal cases from 10 days to 30 days; and it added an extra 30 days to the “speedy trial” deadlines for both misdemeanors and felonies.

Categories: Politics

Daily Kos Radio is LIVE at 9 AM ET!

Daily Kos - 15 hours 3 min ago
Listen to our archived episodes: RadioPublic|LibSyn|YouTube Support the show: Patreon|PayPal: 1x or monthly|Square Cash

Knock, knock!

Who’s there?

Orange!

Orange who?

Orange president is an idiot! Oh, wait. I meant, orange you glad it’s only Thursday, so you can hear from Greg Dworkin, and maybe pick up one or two more COVID life-hacks before the weekend?

Yes. That is what I meant. I don’t know where that other thing came from.

Listen right here at 9:00 AM ET! Even more ways to listen, live or by podcast, below the fold.

Categories: Politics

Samantha Bee: How COVID-19 Is Affecting Women [VIDEO]

Little Green Footballs - Wed, 04/01/2020 - 23:32

Our world may have been turned upside down in the last month, but the good news is some things never change! Even in a pandemic, women are still getting screwed.

Categories: Politics

Wednesday night owls: Sen. Warren blasts Trump regime for outbidding states on medical supplies

Daily Kos - Wed, 04/01/2020 - 23:00

Night Owls is a themed open thread at Daily Kos.

Julia Conley at Common Dreams writes—'Massachusetts Is Not Happy': Warren Condemns Trump for Outbidding States, Seizing Key Medical Supplies:

Sen. Elizabeth Warren is demanding to know why the Trump administration earlier this month seized at least two shipments of badly-needed medical supplies to fight the coronavirus pandemic headed for her state of Massachusetts and accused the federal government of continually outbidding states as officials try to procure life-saving equipment.

Categories: Politics

Samuel L. Jackson Reads 'Stay The F**k At Home'

Crooks and Liars - Wed, 04/01/2020 - 23:00

Samuel L. Jackson revises his "Go the f**k to sleep" for the COVID age. Thanks so much, Mister Jackson!

Open thread below...

[amazon]https://www.amazon.com/Go-the-F-k-to-Sleep/dp/B0055QAEVE[/amazon]

Categories: Politics

Senate Republicans have no excuse for their piss-poor coronavirus response. No excuse whatsoever

Daily Kos - Wed, 04/01/2020 - 22:48

As the U.S. death toll due to the novel coronavirus climbs, congressional Republicans want to make sure they aren't left holding the bag for the federal government's piss-poor response in the early days of the burgeoning crisis. This week, GOP lawmakers have been trying out a new excuse: impeachment. That's right—that moment when 52 of 53 Senate Republicans voted to acquit Donald Trump, ensuring he would be at the helm right as the country was facing a burgeoning public health crisis unlike any seen in decades.

Majority Leader Mitch McConnell gave their new excuse a test run on Tuesday during an interview with a conservative radio host, arguing impeachment had "diverted the attention of the government.” Later Tuesday, Trump himself shot that idea down, saying, “I don't think I would have done any better had I not been impeached." But after being singularly responsible for voting to keep the most incompetent president in history in charge of the federal response to a pandemic, Senate Republicans are pretty desperate to pin the blame on Democrats. 

Categories: Politics

Hooray! The Paycheck Protection Program Starts Friday.

Kevin Drum - Wed, 04/01/2020 - 22:08

I’ve been whining for a while about the stimulus checks in the coronavirus bill getting outsized attention even though the expanded unemployment benefits are far bigger and more important. So it’s only fair that I hand the microphone over to a fellow whiner who wants everyone to know that the coronavirus rescue bill also authorizes a huge money hose aimed at small businesses as long as the money is . . .

. . . used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll)

The program starts on April 3. Here is William Winecoff of the University of Indiana:

I can’t believe everyone is missing the news of the day: The US just went full-Denmark on payroll support. Except better (assuming quick expansion to large corporations). I haven’t smiled in weeks. I’m beaming. If we keep recapitalizing this as needed we could actually avoid a Depression.

It’s a loan program. But loans are fully forgiven if 75% or more of them go towards payrolls. Including benefits. And (rapid) rehires. So it should function like a grant program. The reason why it is structured as a loan program is because it can be administered through FDIC banks, credit unions, etc.

If this works well, you can walk into your local bank and get cash fast. Maybe on the spot? But the banks can’t profit; no fees allowed. Also no collateral, no personal guarantees required….Payroll support is for 8 weeks, which buys us a good amount of time. Also creates infrastructure if it needs to be expanded further.

So, as I read it, and if it works, it’s full payroll support, for free, without having to go through the SBA directly, and also support for business rent/mortgage/utilities payments. That’s huge! And because it’s a Treasury program it can be easily backstopped by the Fed, which allows for quick expansion if needed (it will be needed). Unless I’m missing something this is a very big deal. It needs to be expanded to ALL workers, not just small businesses, and it will need more funding support (and/or something creative like a Fannie/Freddie for SMEs). But I never thought this admin would do something this decent.

They’ve released the application form. Very simple.

Yep. This is all correct. So here’s a summary of the assistance that the coronavirus rescue bill provides for ordinary people:

  1. A $1,200 check for just about everyone with a middle-class income or less. That’s almost $3,000 for a family of three.
  2. A program that encourages small businesses to keep workers employed by funding their payroll costs.
  3. For those workers who are laid off anyway, an expanded unemployment insurance program that replaces 100 percent or more of your normal income up to $50-60,000 (depending on what state you live in).

This adds up to about a trillion dollars, and virtually all of it is for non-rich people. Is everyone starting to get an idea of why I’ve been so enthusiastic about the way this bill ended up? It’s pretty damn good.

Categories: Politics

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