Allocated but hasnt gone out to anybody yet. So this bill will pass with basically democrat support, so reconciliation that allows them to squeak it by on 51 votes. And the compromise and unity that we heard so much about are not a priority at this white house so far. Republicans say this is a liberal wish list. President biden says that he will be the most progressive president in history. He told us that on the Campaign Trail and a promise that hes making good on and progresses are thrilled with it. Heres one progressive senator that said biden has been very good at the ending the garden so far. So are these passages about covid or about expanding the government here in the United States over the longer term . As this plays out, in the background of all of this about the money, theres a shift going on in the country. Take a look. Cases have dropped 47 since the daily average peak january 8. Very good news about where this virus is headed. Think about this. The governors that have rea
Hey you know back in 2008 when the had the Global Financial crisis and banks went under of Lehman Brothers bear stearns and some European Banks are going to go under that old like meetings all the weekend long and the policy was not to reform banks but to give them a bigger credit line 1020 times bigger at the time we said you know it intended 12 years so if theres going to happen but a lot bigger well here we are 12 years later in the face of just as you said. Its all unraveling again especially with European Banks because they are not the center of the empire they are not rome they are outside so they must suffer but before we get to that fin send story about the European Banks i want to say once again we find toilet paper roll is a precious commodity as lockdowns began apparently there are rush mad rush on toilet paper all over the western world and were seeing shortages of toilet paper again that was also something we protected. Right so here is the headline from wolf street dot co
The solution then was to extend Bank Credit Facilities thats how Alan Greenspan Ronald Reagan and robert rubin the plunge Protection Team or that working group on finance the president S Working Group on finance decided that they would solve this problem by not punishing or reforming but expanding the credit line of these banks so they did exactly what they were doing but on a bigger scale and then we have of course another major move down in 1989 we had a bomb crash more or less 9093 we had the dot com crash in 2000 we had the 2008 subprime crash and each one of these crashes were caused by the exact same thing over indebtedness too much leverage and no accountability no than foresman of regulations by the f. C. C. And then send in others and each and every time the policy from the Central Banks is to expand credit line and say do it again but do it bigger and now in 2020 we. Of now some more thing happening all over again its entirely predictable entirely preventable but as restraine
Thank you, so much. I just wanted to welcome everybody to todays meeting. I want to extend my appreciation to uesf and president and her team. Dr. Matthews team with him and all those that supported the mou that well be voting on later today. I know it wases a lot o it was d i wanted to express my gratitude moving forward. The first item is approval of the board minutes for the meeting of july 2020. I need a motion and a second. roll call thank you. Thats five ayes. Thank you. First and foremost i want to welcome everyone back. We are so close to the start of the school year which is next monday august 17th. Our Student Learning will begin for the 2020, 2021 school year. You should know that our School Staff Members are working extremely hard preparing to welcome our students on monday. This past monday was the fifth annual Digital District day. This year was all online. There was overwhelming consent. When we needed to close registration on sunday night. Those that participated, it wa
Team. Dr. Matthews team with him and all those that supported the mou that well be voting on later today. I know it wases a lot o it was d i wanted to express my gratitude moving forward. The first item is approval of the board minutes for the meeting of july 2020. I need a motion and a second. roll call thank you. Thats five ayes. Thank you. First and foremost i want to welcome everyone back. We are so close to the start of the school year which is next monday august 17th. Our Student Learning will begin for the 2020, 2021 school year. You should know that our School Staff Members are working extremely hard preparing to welcome our students on monday. This past monday was the fifth annual Digital District day. This year was all online. There was overwhelming consent. When we needed to close registration on sunday night. Those that participated, it was thirst first time attending digital event. Teachers with a wide variety of other roles, including para professionals, substitutes, coun