The ‘Masked Marauders’ after 3 Weeks of Pleading for ‘Pork’ Passed the Bill to Aid America’s Small Businesses

The ‘Masked Marauders’ after 3 Weeks of Pleading for ‘Pork’ Passed the Bill to Aid America’s Small Businesses

Thursday, the Democrat controlled House passed a $484-B interim coronavirus bill that includes additional money for the small-business loan program, as well as for hospitals and testing, making way for the legislation to become law by Friday. The bill includes more than $320-B for the Paycheck Protection Program (PPP) created by the CARES Act passed late last month. The program, […]

Crude Oil Volatility Signals Major ‘Rebalancing’

Crude Oil Volatility Signals Major ‘Rebalancing’

$DIA $SPY $QQQ $RUTX $USO $OIL $VXX The lack of demand in the world Crude Oil market has set it up to be forced into a necessary rebalancing over the coming weeks as rapidly filling storage leads to significant production cuts and higher prices. See price volatility continuing high in the weeks ahead, as retail […]

The ‘Main Street’ Lending Program, Who Got the Money so Far

The ‘Main Street’ Lending Program, Who Got the Money so Far

$RUTH $SHAK Over 2 wks, the US government pledged $350-B to Main Street businesses across America desperate for cash after coronavirus lockdowns. A picture is emerging of who got the money. More than 25% of the total went to fewer than 2% of the firms that got relief. They include a number of publicly traded […]

US Aid/Relief Small Business Loans Being Approved, Money Being Dispersed Quickly

US Aid/Relief Small Business Loans Being Approved, Money Being Dispersed Quickly

By Friday, the US government had approved 661,000 loans to small businesses totaling $168-B under a program to address the fallout from the novel coronavirus pandemic. A $2.3-T economic aid/relief program enacted last month under the CARES Act allocated $349-B to loans to small businesses hurt by the health crisis that can be turned into […]

CARES Act: “Virus Aid Direct Deposits Go Out Next Week”

CARES Act: “Virus Aid Direct Deposits Go Out Next Week”

Treasury Secretary Steven Mnuchin told House Democrats that direct deposits to Americans will begin next week under the coronavirus aid/relief package. He also told the lawmakers that $98-B has been approved for small business retention under a program The Trump Administration wants Congress to bolster with another $250-B in a vote expected Thursday. The comments […]

President Trump is Working with Private Sector to Reopen America and Kickstart the Economy

President Trump is Working with Private Sector to Reopen America and Kickstart the Economy

President Trump continues to want to reopen the nation’s economy as soon as possible, and is working “hand-in-glove” with the private sector to make that happen, National Economic Council Director Larry Kudlow said Tuesday.  “This is not a total government-run operation,” Mr. Kudlow said on TV. “We are cooperating with the private sector. They are […]

“We are sparing no expense to win this War!”

“We are sparing no expense to win this War!”

We are sparing no expense to win this war President Trump said Monday at the White House briefing. “We have the best doctors, the best military leaders, and the best logistics professionals anywhere in the world,” President Trump said. “And we are orchestrating a massive federal response unlike anything our country has ever seen or […]

Interested in Helping to Stop the Spread of Coronavirus?, Here is How to Do It

Interested in Helping to Stop the Spread of Coronavirus?, Here is How to Do It

If you, your company or organization is interested in helping to stop the spread of COVID-19 coronavirus, please see this page on FEMA’s website for more information. Examples for the private sector include the following as stated by FEMA, as follows: To sell medical supplies or equipment to the federal government, please submit a price quote under the COVID-19 PPE […]

Remote Healthcare Comes into its Own with President Trump’s Telehealth Program

Remote Healthcare Comes into its Own with President Trump’s Telehealth Program

FCC Chairman Ajit Pai said Wednesday that the government’s new Telehealth program will allow healthcare providers broadband connectivity and devices that will allow patients to get care they need remotely. “This is a game-changer for American healthcare providers and America’s patients,” Chairman Pai said on TV. He explained that the CARES Act, or the 3rd […]