Tuesday, April 7, 2020

AOC on the bail out for the wealthy

From her Democracy Now interview on corporate socialism:

"I could not bring myself to ultimately support this bill, because I believe that people will soon see the extraordinary asymmetrical assistance that went to corporations. We’re not just talking about half a trillion dollars that went to Wall Street, as I mentioned in my remarks. That is being leveraged to $4 trillion for Wall Street and corporations. And what we’re seeing in payroll protection for small businesses is just a drop in the bucket compared to that.

"But, ultimately, what this administration did was hold every hospital hostage, hold every frontline worker hostage. And it is not an easy decision whatsoever for any member. But, ultimately, I think that people will soon see the betrayal that was in this bill, that was pushed forward by the administration and by Mitch McConnell. It is completely — it is completely unethical and inhumane, what has been done. And we talk about the oversight of this bill. It is far too little. It is far too flimsy. And what we have essentially done was give Steven Mnuchin a blank check to pick and choose who this administration will reward with $4 trillion."

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