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UncleNoel

(864 posts)
Sat Apr 25, 2020, 07:01 PM Apr 2020

A fiery Politico Interview: Biden wants a new "hell of a lot" bigger Stimulus

https://www.politico.com/news/2020/04/25/joe-biden-green-stimulus-207848
By HOLLY OTTERBEIN and ALICE MIRANDA OLLSTEIN

In an interview, the 2020 candidate courts the progressive left by calling for a huge, new green infrastructure bill—while hammering banks, and Trump.

In a fiery half-hour interview with POLITICO, the presumptive Democratic nominee sounded a bit like his angrier and less moderate primary rivals, Senators Bernie Sanders and Elizabeth Warren, though in unexpurgated Biden style. The former vice president said that the next round of coronavirus stimulus needs to be “a hell of a lot bigger” than last month’s $2 trillion CARES Act, that it needs to include massive aid to states and cities to prevent them from “laying off a hell of a lot of teachers and cops and firefighters,” and that the administration is already “wasting a hell of a lot of money.”

***

But stimulus is a subject close to his heart, and he passionately contrasted his own management of President Barack Obama’s $800 billion Recovery Act in 2009 with President Donald Trump’s approach to the trillions of dollars flowing out of Capitol Hill.

The Obama stimulus was wildly controversial, but it won bipartisan praise for its strict oversight and unusually low levels of fraud. In the interview, Biden was at his most indignant when he recounted how he recruited a gruff law enforcement veteran and government watchdog named Earl Devaney to oversee the Recovery Act in 2009, and how President Donald Trump fired the Pentagon inspector general who had been selected to oversee the CARES Act almost immediately after he signed it.

“I wanted to bring in the toughest son-of-a-bitch in the country—I really mean it, I’m not joking—because we wanted to make sure we did it by the numbers with genuine oversight,” Biden said. “Right now, there’s no oversight. [Trump] made it real clear he doesn’t have any damn interest in being checked. The last thing he wants is anyone watching that $500 billion going to corporate America, for God’s sake.”

***

Biden repeatedly unloaded on big business and big banks, noting that “this is the second time we’ve bailed their asses out,” accusing the Trump administration of managing the stimulus for their benefit. He railed about banks like Wells Fargo that are “only alive because of the American taxpayer” giving their large corporate clients the first shot at CARES Act aid intended for small businesses. Over the last month, 26 million Americans have lost their jobs, and Biden said many of those jobs could be gone for good if mom-and-pop operations get left behind.


Biden hitting Trump where it hurts and offering help to those on the front lineof the Coronavirus outbreak.

This is the president we need.

Go Joe!






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A fiery Politico Interview: Biden wants a new "hell of a lot" bigger Stimulus (Original Post) UncleNoel Apr 2020 OP
Terrific article Walleye Apr 2020 #1
I just pray we make it to November... FirstLight Apr 2020 #2

FirstLight

(13,357 posts)
2. I just pray we make it to November...
Sat Apr 25, 2020, 07:05 PM
Apr 2020

and even then we have to wait until JANUARY 20, that's terrifying.


but yes, I am glad to hear this from him!

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