Stick a fork in additional stimulus .

It's considered unemployment fraud if you take UI payments and also work. Many people are about to get a rude awakening.

Despite the removal of work search requirements I'm not aware of any state that will allow you to deny a job that pays reasonably close to what you made before if you are collecting assistance.



Payrolls are up but real unemployment and permanent job loss are still sky high. The money printers are still going. QEternity anyone?


Thats not entirely true. I've talked to 5 waitresses that continue to get the $600 a week. As long as your wages are less than $300 a week you qualify for it . Employers due to lack of business at the present time are keeping their empires wages under $300 a week . The fraud going on is incredible . This was free money giving by the gov't . Nobody even questioning it and won't. They wanted money in peoples pockets .
 
Yes, the bloodsuckers, sure...

https://www.bloomberg.com/news/arti...ask-congress-for-additional-economic-stimulus
Trump Says He’ll Ask Congress for Additional Economic Stimulus

President Donald Trump said he’ll ask Congress to pass more economic stimulus, including a payroll tax cut, even after the government reported a surprise improvement in U.S. unemployment on Friday.

“We’ll be going for a payroll tax cut,” Trump said in remarks at the
White House to celebrate the jobs report. “It’s going to be a tremendous incentive for businesses. We’ll be asking for additional stimulus money.”

The extension of the $600 is over with
 
I didn't see much resistance from either political party when it came to the final vote on any of these bailouts.

any word on rescission of bailouts for companies that were criminally negligent w/buybacks?
 
Dow up 9000 pts in 10 weeks . Thats almost 1000 pts a week. $10 trillion of wealth added in 10 weeks . And this time the smart money got killed . Professionals are the ones short . Joe six pack in his pj's buying 1 option contract or the least 10 cent stock up 20 times has danced on their grave .
Dude, seriously!!??. Do you actually think retail pushed the markets up like that? It went up because the institutions and the FED wanted it up and actual professionals, not ET dopes go with direction not opinion.
 
Dude, seriously!!??. Do you actually think retail pushed the markets up like that? It went up because the institutions and the FED wanted it up and actual professionals, not ET dopes go with direction not opinion.

No but they sure as hell helped it along . I disagree the fed pushed it up as they bought no stock . There's such a believe in the power of the fed that when they print people automatically buy stocks . Its the pavlov response .
 
No but they sure as hell helped it along . I disagree the fed pushed it up as they bought no stock . There's such a believe in the power of the fed that when they print people automatically buy stocks . Its the pavlov response .
They don't buy stocks but they do buy ETF's which in turn have to buy stock.
 
They don't buy stocks but they do buy ETF's which in turn have to buy stock.

Show me were they bought stock etf's? I've read 20 times they bought bond etf's . Japans done 5 times the stimulus we've done over the last 20 yrs ,has had zero rates for 20 yrs, buys their stock mkt and the Stock mkt still down 45% from 31 yrs ago.
 
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