CARES Act

Um, a lot of the, the problems we're dealing with now with inflation started under, under Trump.

Well, this goes way back actually, but I'm saying the immediate problems, you know, with the CARES Act and the, uh, whole, uh, BlackRock bailout scheme of Wall Street, um, occurred under Trump.

And so that, that, that whole scam went down under, under Trump.

Um, but wasn't it Anthony Fauci who said, was it in 2017, that Trump would be confronted with a pandemic or something? [laughs]

Um, a lot of the, the problems we're dealing with now with inflation started under, under Trump.

Well, it goes way back, actually, but I'm saying the immediate problems, you know, with the CARES Act and the, uh, whole, uh, BlackRock bailout scheme of Wall Street, uh, occurred under Trump.

And so that, that, that whole scam went down under, under Trump.

But wasn't it Anthony Fauci who said, was it 2017, that Trump would be confronted with a pandemic or something? [laughs]

Right.

That was part of the CARES Act and, you know, all the other crap that we passed during the quote unquote pandemic pandemic.

That was, you know, that was the Federal Reserve saying, yeah, let's ramp up those printing machines and let's make all this money and send you guys your checks for twelve hundred dollars or six hundred dollars.

I don't remember how much it was at this point.

Not realizing that the inflation that you're creating by doing that, the the The amount of taxes that you're going to see increase because of that.

I did the math on it one time and that $1,200 over the course of paying it back came out to something like taking in the entirety of the CARES Act and the bills that were passed came out to like $35,000 or $40,000 over the course of your lifetime that you're going to have to pay back for that $1,200 or $2,400 or whatever it was.

It was absolutely insane.

this again is is perhaps i i don't know if if there's a way we can go back to a tariff system i'd rather him come out and say hey if we can pay you every single grown american five thousand dollars we can certainly cut your taxes down to a bare minimum and i would be much more inclined to accept that uh idea and i think more americans would be like wait wait wait i can either have five thousand dollars now or i can have a significant reduction in my taxes for years to come i i would i would think that we would take the significant reduction

Fair play to him.

And also the original stimulus checks from the pandemic, which was an initial one of, what was it, $1,200? And then he had a later one after the CARES Act of $600.

So it gave you almost $2,000, which, if I remember correctly, was mainly used by ghetto Americans to buy new trainers.

So it kept the economy going, though.

We're not the ones deciding this.

I wouldn't have voted for the CARES Act.

I wouldn't have voted for the Infrastructure Whatever the Hell Act.

I wouldn't have done any of that.

And then now we also on the horizon see a larger role for digitally native monetary rails, all of those things coming together at some point in the future.

And very fuzzily, as ridiculous as all of these headlines kind of feel as you see them in real time, that $5,000 check for every American, it's not going to It's not going to come in the same form as CARES Act with like a debit card in the mail that everybody got.

I think that's how they issued them.

I would expect it to be something like these new monetary rails.

I can't speak to the president's motivation on that.

What I can tell you is that at the beginning days of, of the COVID pandemic, Congress did come together, uh, and pass the CARES Act, which gave several hundred dollars to individuals and, and, a- and sort of no-fault, um, business loans and the-

Right

... or, or, you know, transfers of cash.