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Galraedia

(5,022 posts)
Mon Mar 23, 2020, 09:49 PM Mar 2020

'I'll be the oversight': Trump vows he will personally oversee $500 billion coronavirus slush fund

Source: RawStory

At his daily coronavirus press briefing, President Donald Trump was asked to justify the provision in the Republican stimulus bill that would grant his administration an unrestricted $500 billion slush fund to be distributed to any corporation imaginable with zero oversight or transparency.

His response was that he would be the entire oversight of the program.




The $500 billion provision has been a massive sticking point for Senate Democrats, who claim it prioritizes giveaways to large businesses over meaningful help for workers, debtors, or the health care sector.

Read more: https://www.rawstory.com/2020/03/ill-be-the-oversight-trump-vows-he-will-personally-oversee-500-billion-coronavirus-slush-fund/



Trump on GOP’s $500 Billion Slush Fund: ‘I’ll Be the Oversight’
Monday’s White House coronavirus press conference brought a slew of questions as reporters hoped to parse out why and when President Trump intends to lift the national social distancing measures and how the Republican stimulus bill would responsibly distribute a $500 billion corporate slush fund that currently allows for the Treasury Secretary to withhold the names of the businesses that receive bailout cash.

Answering the first question, Trump suggested that an extended economic shutdown would result in more “death” than the spread of a virus that in best-case estimates would kill tens of thousands of Americans. Answering the question of who would provide accountability for the unrestricted distribution of half-a-trillion dollars, Trump’s response was even less promising: “I’ll be the oversight. I’ll be the oversight.”
Source: https://nymag.com/intelligencer/2020/03/trump-on-usd500-billion-slush-fund-ill-be-the-oversight.html


Senate negotiators cite progress on coronavirus bill after day of drama and rancor
Democratic concerns have focused on a $500 billion funding program Republicans want to create for loans and loan guarantees, with some Democrats calling it a "slush fund" that lacks any oversight because the Treasury Department would have broad discretion over who receives the money. Asked about this Monday evening, Trump responded, "I'll be the oversight."
Source: https://www.washingtonpost.com/us-policy/2020/03/23/trump-coronavirus-senate-economic-stimulus/
62 replies = new reply since forum marked as read
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'I'll be the oversight': Trump vows he will personally oversee $500 billion coronavirus slush fund (Original Post) Galraedia Mar 2020 OP
AND HE WASNT JOKING nt intrepidity Mar 2020 #1
Seriously. He wasn't. n/t Laelth Mar 2020 #9
Remember when pallet loads of cash would go missing... diverdownjt Mar 2020 #39
Trust me! Turbineguy Mar 2020 #2
$499 B to "hospitality industry," $1 B for everyone else. eom IllinoisBirdWatcher Mar 2020 #3
Meaning Trump's hotels and golf courses. SergeStorms Mar 2020 #40
Didn't Trump's father Frances Mar 2020 #4
Many times; to the tune of 400 million. oldsoftie Mar 2020 #13
Would've made more money by just burning it. lagomorph777 Mar 2020 #44
This was from the Onion, right? flibbitygiblets Mar 2020 #5
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA !!! Oversight??? nt Progressive Jones Mar 2020 #6
F that!! sunflowerseed Mar 2020 #7
That gives me no comfort whatsoever. n/t Laelth Mar 2020 #8
Never!! Thekaspervote Mar 2020 #10
Right into his own pocket. Texaswitchy Mar 2020 #11
And he is going around and saying nobody is thanking him for not taking his $450,000 pay........ turbinetree Mar 2020 #12
He used that as a campaign ruse.... SergeStorms Mar 2020 #41
I am so glad my parents told me that if you make your bed you sleep in it..............this jerk turbinetree Mar 2020 #45
Exactly. SergeStorms Mar 2020 #60
Trumps needs to be put in a straight jacket! Somebody, anybody, do something! 42bambi Mar 2020 #14
There are a lot of people he has to bribe Walleye Mar 2020 #15
Putin needs some extra cash Kaiserguy Mar 2020 #42
THat's What Everyone Is Afraid Of Me. Mar 2020 #16
bozo the clown overseeing half a trill, now I have heard everything. nt yaesu Mar 2020 #17
The whole room should have burst out laughing. riversedge Mar 2020 #18
"And we'll be having the fox guard the henhouse, as well." Yeehah Mar 2020 #19
T-r-u-u-u-u-u-u-s-t me keithbvadu2 Mar 2020 #20
He is a multi multi billionaire.... magicarpet Mar 2020 #21
Go to jail. Go directly to Jail. Do not pass go. Do not collect $500 billion. Talitha Mar 2020 #22
I even promise to forego dinner Scalded Nun Mar 2020 #23
Nice dice Donald. After all your only real money experience is in filing for bankruptcy. cstanleytech Mar 2020 #24
(sigh) ... ancianita Mar 2020 #25
'We just think y'all oughta give us $500 billion with no transparency or accountability, House of Roberts Mar 2020 #26
'I'll be the oversight' LudwigPastorius Mar 2020 #27
Oh I am sure he will do a good job nt doc03 Mar 2020 #28
yeah. six months later--Me: Where's the money, donny?? lastlib Mar 2020 #29
The bankruptcy king, the fake university operator, the con artist extraordinaire truthisfreedom Mar 2020 #30
Last man in the world I'd trust with that job! BlueIdaho Mar 2020 #31
Hold your fucking ground, Dems. Flaleftist Mar 2020 #32
Ugly lying little pos con. 58Sunliner Mar 2020 #33
Oh, HELL NO! ffr Mar 2020 #34
FUCK THAT! Delmette2.0 Mar 2020 #47
What a relief! I will sleep... 3catwoman3 Mar 2020 #35
"Judge orders Trump to pay $2 million for misusing his charitable foundation" muriel_volestrangler Mar 2020 #36
Yeah, let's give the guy who ran a casino into the ground oversight sakabatou Mar 2020 #37
Lot's of CASH to pay off Russian loans.......... Bengus81 Mar 2020 #38
I wouldn't trust him as far as I could throw him SnowCritter Mar 2020 #43
That is the exact reason this bill has to go down, he would fund himself and fascists all over. lark Mar 2020 #46
I honestly thought this was the Onion when I first saw it. yellowcanine Mar 2020 #48
Now I know I am 100% against any GOP scheme. Period. marble falls Mar 2020 #49
oh fuck that, you orange piece of moldy cantalope! Marrah_Goodman Mar 2020 #50
"I'm the decider." captain jack Mar 2020 #51
On accounta he's always been so good with money and all! LOL n/t brewens Mar 2020 #52
commander in thief rampartc Mar 2020 #53
Coming from the guy who failed us already duforsure Mar 2020 #54
Yeah, That's what we are afraid of! N/T BlueWeirdo Mar 2020 #55
As he takes his 25% cut right off the top. ProudMNDemocrat Mar 2020 #56
No no no! Owl Mar 2020 #57
wonder how they'll divvy up the pot... stillcool Mar 2020 #58
I seriously doubt that's what Mme Speaker agreed to Hekate Mar 2020 #59
Nt Marcuse Mar 2020 #61
Deal killer. (nt) Paladin Mar 2020 #62

diverdownjt

(702 posts)
39. Remember when pallet loads of cash would go missing...
Tue Mar 24, 2020, 06:17 AM
Mar 2020

after it was sent to Iraq...now they wont even need to ship it anywhere to steal it.
They will just back up their tucks to the treasury loading dock and say
"fill 'er up bitches"

SergeStorms

(19,192 posts)
40. Meaning Trump's hotels and golf courses.
Tue Mar 24, 2020, 06:50 AM
Mar 2020

People playing on his golf courses will be playing on fairways and greens made of $100 bills. The mattresses in his hotels will be stuffed with $50 bills, and the pillows with $100s. He'll only take what he's allowed though, not a penny more. Of course HE alone decides how much he's allowed to steal from the U.S. Treasury.

Frances

(8,545 posts)
4. Didn't Trump's father
Mon Mar 23, 2020, 09:51 PM
Mar 2020

Bail him out when his businesses fail time after time
We’d be nuts to give him all that money

oldsoftie

(12,527 posts)
13. Many times; to the tune of 400 million.
Mon Mar 23, 2020, 10:08 PM
Mar 2020

He would have made more money just putting it into a S&P ETF

lagomorph777

(30,613 posts)
44. Would've made more money by just burning it.
Tue Mar 24, 2020, 08:33 AM
Mar 2020

Trump lost 10x more than Daddy gave him. So he went to Daddy Vladdy.

turbinetree

(24,688 posts)
12. And he is going around and saying nobody is thanking him for not taking his $450,000 pay........
Mon Mar 23, 2020, 10:08 PM
Mar 2020

from the taxpayers........................really asshole, you were having the secret service pay you over 650.00 a night at Mar a Lago.............and then to top that off you had the air force stop over 120 miles from your golf course in Scotland to get jet gas and stay at your fucking dump................................fuck you, your still a fucking CON...................


November 3, 2020 cannot get here fast enough.......................

SergeStorms

(19,192 posts)
41. He used that as a campaign ruse....
Tue Mar 24, 2020, 06:55 AM
Mar 2020

to trick the rubes into thinking he is sooooooooo wealthy that he didn't need a pittance like that. Now it's like he was forced to give up his yearly pay. That was his own idea, and he has no one to blame but himself, so shut the hell up about it!

turbinetree

(24,688 posts)
45. I am so glad my parents told me that if you make your bed you sleep in it..............this jerk
Tue Mar 24, 2020, 08:46 AM
Mar 2020

makes decision like he is three years old..................and then tries to blame everyone else..............

SergeStorms

(19,192 posts)
60. Exactly.
Tue Mar 24, 2020, 03:48 PM
Mar 2020

The poor little rich boy has never had to pay for any of his actions, and most of his actions were/are bad. That's why he's never learned compassion or empathy for others.

Kaiserguy

(740 posts)
42. Putin needs some extra cash
Tue Mar 24, 2020, 07:57 AM
Mar 2020

and he told Trump if he doesn't give it to him he won't help him cheat to win again

magicarpet

(14,144 posts)
21. He is a multi multi billionaire....
Mon Mar 23, 2020, 10:21 PM
Mar 2020

... he is good at handling large sums of money.

Honest - Huge, large, big, bigly big.

House of Roberts

(5,168 posts)
26. 'We just think y'all oughta give us $500 billion with no transparency or accountability,
Mon Mar 23, 2020, 11:40 PM
Mar 2020

in exchange for us pissing down your peasant backs and telling you it’s raining.’
What Trump, McConnell, and Munchin ACTUALLY were thinking when they proposed this abomination of a rescue legislation.

truthisfreedom

(23,142 posts)
30. The bankruptcy king, the fake university operator, the con artist extraordinaire
Tue Mar 24, 2020, 12:33 AM
Mar 2020

Is going to be in charge of the purse strings. Right.

BlueIdaho

(13,582 posts)
31. Last man in the world I'd trust with that job!
Tue Mar 24, 2020, 12:48 AM
Mar 2020

The man steals money from cancer victims for Christ sake!

ffr

(22,668 posts)
34. Oh, HELL NO!
Tue Mar 24, 2020, 01:17 AM
Mar 2020

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

FUCK THAT!

3catwoman3

(23,970 posts)
35. What a relief! I will sleep...
Tue Mar 24, 2020, 02:04 AM
Mar 2020

...so much better tonight with this reassurance.

The first meaning of oversight in Dictionary is “an omission or error due to carelessness.“

BINGO!

muriel_volestrangler

(101,295 posts)
36. "Judge orders Trump to pay $2 million for misusing his charitable foundation"
Tue Mar 24, 2020, 03:30 AM
Mar 2020

all of 4 months ago: https://www.pbs.org/newshour/politics/judge-orders-trump-to-pay-2-million-for-misusing-his-charitable-foundation

Who better to oversee $500 billion? Ooh, I know, someone who set up a "university". They never get fined $25 million for defrauding customers.

Bengus81

(6,931 posts)
38. Lot's of CASH to pay off Russian loans..........
Tue Mar 24, 2020, 05:43 AM
Mar 2020

And like his tax returns you'll see NOTHING in six months about where a dime of those billions of $$$ went.

SnowCritter

(810 posts)
43. I wouldn't trust him as far as I could throw him
Tue Mar 24, 2020, 08:11 AM
Mar 2020

and I'm not as strong as I once was.

The idiot couldn't oversee a two car parade without screwing it up!

lark

(23,083 posts)
46. That is the exact reason this bill has to go down, he would fund himself and fascists all over.
Tue Mar 24, 2020, 09:27 AM
Mar 2020

He would kill any co. that is liberal leaning or that donated to Dems, out of spite. He will give money to himself and lie about it, use it to pay Russian provocateurs to destroy our election, use it to buy new mistresses, it would not go to the right co. for the right reason - ever. He is the reason this can't be done, he is a complete conman and lying jackass who cares about nobody or nothing but himself.

duforsure

(11,885 posts)
54. Coming from the guy who failed us already
Tue Mar 24, 2020, 11:32 AM
Mar 2020

Ignored all the warnings , ignored the intel, ignored when told this was possible, ignored the truth, and he wants anyone to believe him now , no way, he's a crook.

ProudMNDemocrat

(16,783 posts)
56. As he takes his 25% cut right off the top.
Tue Mar 24, 2020, 11:35 AM
Mar 2020

Trump doing oversight is like putting a hungry fox in charge of the henhojse.

stillcool

(32,626 posts)
58. wonder how they'll divvy up the pot...
Tue Mar 24, 2020, 11:47 AM
Mar 2020

surely the GOP will get a much bigger slice than the twit-family.

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