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uponit7771

(90,335 posts) Thu May 14, 2020, 09:45 AM May 2020

NOTE: J Powell Admits Nancy Pelosi Is The Most Powerful Women In The United States

NOTE: J Powell Admits Nancy Pelosi Is The Most Powerful Women In The United States

Pelosi is holding all the cards, every damn one of them for the country and possibly for the planet.

Either congress passes the 3 trillion stimulus like J Powell said or there will be a depression with more poverty and death.

https://markets.businessinsider.com/news/stocks/stock-market-news-today-indexes-fall-fed-powell-economic-recovery-2020-5-1029199232

US stocks tumbled on Wednesday after Federal Reserve Chair Jerome Powell warned of a slow economic recovery that may require more fiscal stimulus.

Powell admitted they can only open the door for low cost money but spending it is congress and money needs to be spent ... NOW!!!

If McTurtle says no to the house 3 trillion plan then ... expect ALL indexes (DOW, S&P, FTSE) to test new lows or at least near last support level over the next month.

That hurts America and hurts Trump & Republicans ... bad

McTurtle says yes, we go back to having a better pressurized middle class than Germany, China (who's STILL paying "shopping vouchers" ), or a lot of countries who's economies are going to zombie because they're not keeping the consumer afloat.

Pelosi is smart and she cares, I'm glad she holds the cards now

4 replies

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NOTE: J Powell Admits Nancy Pelosi Is The Most Powerful Women In The United States (Original Post) uponit7771 May 2020 OP

Pelosi. The right person, at the right time. Baitball Blogger May 2020 #1

That's the way I felt when I read some of the bill, it looks like its got money for testing too... uponit7771 May 2020 #2

Thanks for this...do we know what people get, how much and how often? Eliot Rosewater May 2020 #3

Honestly I did not look at any specifics I just know the market is expecting a lot out of this bill uponit7771 May 2020 #4

Baitball Blogger

(46,699 posts)

1. Pelosi. The right person, at the right time.

Reply to uponit7771 (Original post)

Thu May 14, 2020, 10:03 AM

May 2020

I feel reassured knowing that she's where she is today.

uponit7771

(90,335 posts)

2. That's the way I felt when I read some of the bill, it looks like its got money for testing too...

Reply to Baitball Blogger (Reply #1)

Thu May 14, 2020, 10:19 AM

May 2020

... she is doing the right thing.

I pray for her life

Eliot Rosewater

(31,109 posts)

3. Thanks for this...do we know what people get, how much and how often?

Reply to uponit7771 (Original post)

Thu May 14, 2020, 06:24 PM

May 2020

GOP wont allow it of course...but what are the numbers?

uponit7771

(90,335 posts)

4. Honestly I did not look at any specifics I just know the market is expecting a lot out of this bill

Reply to Eliot Rosewater (Reply #3)

Thu May 14, 2020, 06:42 PM

May 2020

To the point that Donald Trump says oh he will pass a fourth one so people can move stuff to the 4th bill that are controversial

This is a place where pelosi can hold the line

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