Bailing Out the Billionaires, Bankers & Corporate Tycoons
On today's episode of Loud & Clear, Brian Becker and John Kiriakou are joined by Lee Camp, a writer, comedian, activist, journalist, and host of the television show “Redacted Tonight,” on RT America, and his latest book is called “Bullet Points & Punch Lines,” available at leecamp.com.
The Senate this afternoon approved a $2 trillion spending bill that would flood the US economy with money in an effort to stabilize households and businesses hit by the fallout from the coronavirus. The House passed its own measure a week ago. But senators were stuck because Majority Leader Mitch McConnell would not negotiate with Democrats, and he focused the first draft of the bill solely on corporate bailouts with little in the way of regulations. The latest version of the bill sends the lion’s share of money to the largest corporations in America. That’s on top of the trillions -- yes, trillions -- already promised from the Federal Reserve Bank to the biggest banks in the country.