Last night we noted that the Dems have a plan for another bailout. Former Congressman Alan Grayson, who likes Pelosi, waded through hundreds of pages and called me and said-- word for word: "This is a horrendous strategic mistake. People are suffering terribly-- far worse than in 2008-- and they deserve to have someone on their side." I feel pretty certain Grayson would have been on their side and voted against it-- but that New Dem Darren Soto, who represents his old Orlando district, certainly won't. Krystal Ball explained how it's just another useless messaging bill-- which is basically what all the Democratic staffer are saying as well-- that will never pass that but that shows Pelosi's contempt and disdain for progressives. You should listen to Krystal in the clip above... kind of sad, although it helps explain why there's so much talk on the left about the formation of a non-establishment third party lately.How about the Working Families Party? Ah... yeah, how about them? A conservative Republican pretending to be a Democrat, Wlla Street shill Michelle Caruso-Cabrera, and her Democratic establishment attorney (Martin Connor, who was used by Melinda Katz last year to steal the Queens District Attorney race from Tiffany Cabán) succeeded in getting AOC kicked off the Working Families Party ballot line. The official GOP line (Caruso-Cabrera speaking): "The AOC campaign is in shock. She has hurt working people of the Bronx and Queens with her votes and creates disunity within our party. Her own campaign spokesman ran away from her in March. No wonder why pro-union forces don’t want her and neither do our neighborhoods."The hapless Working Families Party State, through their NY Director Sochie Nnaemeka: "The Working Families Party is unwavering in our support for Alexandria Ocasio-Cortez and we believe the congresswoman is the leader her district and this country needs. Limits on petitioning due to coronavirus have led to numerous ballot challenges, including this one."Back to the Pelosi proposal. She wouldn't go along with any of the progressive priorities, like temporary universal healthcare during the pandemic... nor recurring Universal Basic Income payments during the pandemic.. and, of course, no paycheck guarantee program to avoid further job losses, but she did give Hoyer what he most wanted most in the whole wide world: the lobbyist bailout. Lobbyists-- the most hated group in America by Democrats, Republicans and independents, but beloved by Stony Hoyer, the Representative of K Street! That's who Pelosi is bailing out? The thermometer on the right has candidates running in primaries against Pelosi's conservative incumbents. Please give them some support if you don't want to see the Democratic Party continue drifting ever rightward, ever more corporate and ever more corrupt.The Congressional Progressive Caucus has the leverage-- the numbers-- to force Pelosi's hand, right? The answer is yes, they have the numbers to make her rewrite it. But do they have the cohesiveness? Or the will? They seem reluctant to use their power (to put it mildly). If you didn't listen to Krystal... do it now.Common Dreams ran a statement from the American Economic Liberties Project urging Democrats to get a spine and vote no.
"This bill delivers charity in place of justice, and Congress should vote it down," said Economic Liberties’ Executive Director Sarah Miller. "Without addressing corporate power, additional aid to the people will ultimately end up in the hands of banks, monopolies, and landlords. While the need for humanitarian assistance is urgent, fundamentally this bill is not a serious attempt to grapple with power. It includes important programs, such as aid to states and localities, unemployment insurance, nutrition assistance, and hazard pay, but doesn’t address the roll-up of power happening throughout the economy that results in systemic exploitation of workers, consumers, small businesses, taxpayers, and communities.""The bill has no prohibition on corporate mergers. It bails out corporate lobbyists and corrupt mortgage servicers. It funnels money to monopolistic insurance company executives. And it has no constraints on private equity firms currently using public money from the Federal Reserve to cherry pick corporate assets on the cheap. Even some of the positive aspects, like a provision authorizing crackdowns on price gouging, are poorly conceived, for example allowing the corporate lobbyist-dominated Federal Trade Commission to block state officials from acting."We opposed the first CARES Act because it encouraged, rather than put the brakes on, the consolidation of corporate power. That bill was structured to support massive aid to the stock market, and a trickle of aid to the rest of us. Progressives should demand this bill address the injustices deriving from this consolidation of power in addition to humanitarian needs."Our economy is being restructured whether we like it or not, so we need structural solutions to our current predicament. At the very least, the House should pass a merger moratorium, which is supported by an overwhelming, bipartisan majority of Americans. And we encourage the House to pick up Rep. Pramila Jayapal and Senator Josh Hawley’s idea to have the government directly support payrolls," added Miller. Problematic provisions in the bill include:• A Corporate Lobbyist Bailout: The bill makes Paycheck Protection Program funds available to 501(c)6 trade associations, which is the institutional vehicle for corporate lobbying.• A Dark Money Group Bailout: The bill extends Paycheck Protection Program funds available to 501(c)4 trade associations, which is the institutional vehicle for dark money political spending.• No Merger Prohibition: This bill has no mechanism to block or slow pandemic-related corporate mergers. Already, Amazon is rumored to buy AMC theaters, and Uber is in talks to buy Grubhub.• Tax Cut for the Wealthy: This bill includes a repeal of the State and Local Tax Deduction, which primarily benefits the wealthy.• Bailout of Mortgage Servicers: This bill extends Federal aid to mortgage servicers, who were the thinly capitalized entities at fault for the foreclosure crisis. These servicers have fought attempts at reform of their industry to make their business safer and are now demanding a no-strings-attached bailout.• Subsidies for Health Insurance Monopolies: Rather than extending Medicare or Medicaid to the unemployed, this bill would fund COBRA, subsidizing health insurance monopolies and offering nothing to millions of Americans whose jobs never offered health insurance to begin with.