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MAJOR SHOCK: 4 Out of Every 5 Dollars Goes To Special Interest Groups in Stimulus Package

YOU WILL NOT GET BAILED OUT

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source / The Money GPS

There is no possible way that the government can salvage what has been done. The devastation has gone too far. The idea that adding more debt on top of this madness as a resolution is absurd on so many levels. But of course, they’ll do it anyway. Pump it up today and worry about it tomorrow. That’s always the mantra. Instead of fixing the underlying economic issues, we’ll just push it further into the central bankers[‘] hands.

 

(8) Senator Rand Paul on Twitter:

“Deficit busting bill will be 5,593 pages!

If 250 words per page, then that’s 1,398,250 words

If Congresspeople read at the American average of 300 words/min (a big assumption)

then a Congressperson might read this in 4,660 minutes or 77.68 hours!

(if no rest breaks)” / Twitter

Rand Paul on Twitter: “Deficit busting bill will be 5,593 pages!If 250 words per page, then that’s 1,398,250 wordsIf Congresspeople read at the American average of 300 words/min (a big assumption)then a Congressperson might read this in 4,660 minutes or 77.68 hours!(if no rest breaks) / Twitter”

Deficit busting bill will be 5,593 pages!If 250 words per page, then that’s 1,398,250 wordsIf Congresspeople read at the American average of 300 words/min (a big assumption)then a Congressperson might read this in 4,660 minutes or 77.68 hours!(if no rest breaks)

(8) Kyle Griffin on Twitter:

“6 Republican against voted against the relief bill:

Marsha Blackburn
Rick Scott
Ron Johnson
Mike Lee
Rand Paul
Ted Cruz” / Twitter

Kyle Griffin on Twitter: “6 Republican against voted against the relief bill:Marsha BlackburnRick ScottRon JohnsonMike LeeRand PaulTed Cruz / Twitter”

6 Republican against voted against the relief bill:Marsha BlackburnRick ScottRon JohnsonMike LeeRand PaulTed Cruz

Tucked into Congress’ massive stimulus bill: tens of billions in special interest tax giveaways

Tucked into Congress’ massive stimulus bill: tens of billions in special interest tax giveaways

WASHINGTON – Congress on Monday unveiled a 5,593-page spending bill and then voted on it…

Stimulus for Everybody! (Just Not You) | SchiffGold

Stimulus for Everybody! (Just Not You) | SchiffGold

The US government is stimulating everybody. Just not you. Congress finally pulled together a stimulus deal. Both houses of Congress passed the $900 billion measure. It ranks as the second-largest “stimulus” bill in history, only behind the CARES Act passed earlier this year.

U.S. trade deficits continue to grow despite Trump’s efforts – Axios

https://www.axios.com/us-trade-deficits-continue-to-grow-ba953cd0-457f-48ef-84f3-f4f996353da0.html

Half of Americans call 2020 a ‘personal financial disaster,’ plan to change priorities in 2021 – Study Finds

Half of Americans call 2020 a ‘personal financial disaster,’ plan to change priorities in 2021

More than six in 10 Americans (65%) say they’re depending on 2021 to recover financially from the setbacks they’ve experienced during the pandemic.

Goldman Sachs is close to offering wealth management for the masses

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The divide between Tesla’s sky-high value and reality mirrors the broader economy – Axios

The divide between Tesla’s sky-high value and reality mirrors the economy

Evidence that the stock market and the real economy are not the same thing.

bond yield distribution 1.jpg (725×465)

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Videogames are a bigger industry than sports and movies combined, thanks to the pandemic – MarketWatch

https://www.marketwatch.com/story/videogames-are-a-bigger-industry-than-sports-and-movies-combined-thanks-to-the-pandemic-11608654990

NFL Star Befriended by Buffett Invests in ‘Micro-Gyms’ Concept – Bloomberg

https://www.bloomberg.com/news/articles/2020-12-22/micro-gym-upstart-pushes-into-u-s-fueled-by-covid-led-demand


The economy is dealing with a different issue than the stock market. Stocks in general have been doing very well. Especially tech stocks. Many people are looking for the best tech stocks, technology stocks in 2020. There is considerable investment into risk assets.


— APPENDICES —

— The Money GPS: Commit. Don’t wait. Commit now. (Instagram Dec 23, 2020)

— The Money GPS: Aim Higher (Instagram Dec 17, 2020)

— The Money GPS: Never lose money (Instagram Dec 16, 2020)

— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)

— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)


— FOOTNOTES —

The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

The Money GPS on Twitter: “What if the stimulus included more money for people. Is $1200 enough? $2000? Is this going to solve any deep rooted problems? What about the disgraceful 5600 pages filled with billions that have nothing to do with where people actually need help? #StimulusChecks #StimulusBill / Twitter”

What if the stimulus included more money for people. Is $1200 enough? $2000? Is this going to solve any deep rooted problems? What about the disgraceful 5600 pages filled with billions that have nothing to do with where people actually need help? #StimulusChecks #StimulusBill

The Money GPS on Twitter: “BREXIT DEAL DONE?! For real this time? Could it really be? Seems like so long ago the word Brexit first popped up in the media, doesn’t it? #brexit #bojo #eu #Brexit #brexitdeal pic.twitter.com/kMM0u6gPjC / Twitter”

BREXIT DEAL DONE?! For real this time? Could it really be? Seems like so long ago the word Brexit first popped up in the media, doesn’t it? #brexit #bojo #eu #Brexit #brexitdeal pic.twitter.com/kMM0u6gPjC

The Money GPS on Twitter: “Merry Christmas and happy holidays to all my friends around the world! I am posting a video tomorrow about commitment, about pushing through hard times, about making the best of your situation. Hopefully helpful to many out there. Take care everyone, to you and your families $GPS / Twitter”

Merry Christmas and happy holidays to all my friends around the world! I am posting a video tomorrow about commitment, about pushing through hard times, about making the best of your situation. Hopefully helpful to many out there. Take care everyone, to you and your families $GPS

The Money GPS on Twitter: “We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt / Twitter”

We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt

The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta / Twitter”

IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta


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The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


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Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2020


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Boss Tweed's Underwear
Boss Tweed's Underwear
December 26, 2020

Hardly a shock. It’s the way we do business in America.

Luka-The-K9
Reply to  Boss Tweed's Underwear
December 26, 2020

Yup…the RF gets more “bang” for the “buck”:

“Here’s How Russia Built the apocalypse Submarine – the one it’s enemy fears so much”

Luka-The-K9
Reply to  Luka-The-K9
December 26, 2020

And the Germans are always hopeful:

“U32 – German Submarine Soldiers | Full Documentary”

Steve Brown
Steve Brown
December 27, 2020

According to Rand Paul’s 2020 Festivus report, US State paid some large amount to “stage theatrical plays in Mumbai” … wtf? Another State measure was to spend nearly $9Bn in Afghanistan in 2020 to “discourage the use of narcotics”. Well, perhaps that’s better than the usual US State Dept modus operandi of promoting death & destruction wheresoever and whensoever it pleases, to the tune of trillions…

Last edited 5 years ago by Steve Brown

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