Senate Democrats just killed the push today for $2000 checks.

A few Senators--namely Sanders and Markey--wanted to hold up the NDAA as leverage to push for a vote on $2000.

Democratic leadership rejected this--including Vice President elect Harris.

Let’s be real: McConnell is the one at fault for refusing to put a vote for the $2000 on the floor in the first place and being fifty shades of hypocritical along the way.

But Democratic leadership has, once again, folded to Republicans without attempting to fight for us.
If Democratic leadership is actually serious about getting $2000 checks to people, they would do one of two things:

a.) Find another leverage against McConnell and Senate Republicans

b.) Take McConnells offer on the combined bill of $2000 checks and Trump wishlist items
McConnell has made it clear today that he is not interested in putting a vote for $2000 checks on the floor unless it’s through his bill—which includes repealing Section 230 and putting together a committee to study “election fraud” in the 2020 election.
The argument that Dem leadership will make is that getting this NDAA through is vital, and can't be held up as leverage.

This is precisely why Sanders & Markey wanted to hold it up as leverage.

Dem leadership better have a Plan B if they are serious about helping people.
Technically, we can consider a "wing and a prayer" approach by hoping that Democrats take the Senate after Georgia's runoff election, and hope that the Democratic led Senate would pass these $2000 checks and have Trump--or Biden--sign it into law in the coming days.
I'm also aware that Vice President elect Harris sponsored legislation to get $2000 to Americans.

But I ask how she proposes to actually get Senate Republicans to agree to $2000 payments when McConnell refused a clean bill, and while shooting down potential leverage on this today
If Democrats held the Senate, legislation like this may be able to pass through.

And they wouldn’t have to resort to holding up the NDAA as leverage to do so.

Which is why it’s incredibly important for Georgians to vote for Warnock and Ossoff in the upcoming runoff election.
I’ll make it extremely clear again, as I did above: the fact that this $2000 vote is not put on the floor is squarely on the shoulders of Mitch McConnell and the Republicans in the Senate.

But Democrats just threw away the best leverage they had, and this can’t be ignored.
Not for nothing, but this NDAA is far from just “a paycheck for troops”.

It’s a slush fund of hundreds of billions of luxury spending for defense contractors, new dangerous development for nuclear weapons, and continues funding our disastrous interventions and inhumane sanctions

More from Finance

I'm lucky to attain financial freedom before 30.

I credit Fintwit for my learnings.

Here's 10 key concepts every investor must know:

1. $$ needed to retire
2. Researching a business
3. Reading annual reports
4. Reading earnings calls
5. Criteria of a multi bagger

(Read on...)

6. Holding a multi bagger
7. Economic moats
8. When to buy a stock
9. Earnings vs cashflow
10. Traits of quality companies

Here's my 10 favourite threads on these concepts:

1. How much $$ do you need to retire

Before you start, you must know the end game.

To meet your retirement goals...

How much $$ do you need in your portfolio?

10-K Diver does a good job explaining what's a safe withdrawl rate.

Hint: It's NOT


2. Research a business

Your investment returns are a lagging indicator.

Instead, your research skills are the leading predictor of your results.

Conclusion?

To be a good investor, you must be a great business researcher.

Start with


3. Reading annual reports

This is the bread and butter of a good business analyst.

You cannot just listen to opinions from others.

You must learn to deep dive a business and make your own judgments.

Start with the 10k.

Ming Zhao explains it

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हिमालय पर्वत की एक बड़ी पवित्र गुफा थी।उस गुफा के निकट ही गंगा जी बहती थी।एक बार देवर्षि नारद विचरण करते हुए वहां आ पहुंचे।वह परम पवित्र गुफा नारद जी को अत्यंत सुहावनी लगी।वहां का मनोरम प्राकृतिक दृश्य,पर्वत,नदी और वन देख उनके हृदय में श्रीहरि विष्णु की भक्ति अत्यंत बलवती हो उठी।


और देवर्षि नारद वहीं बैठकर तपस्या में लीन हो गए।इन्द्र नारद की तपस्या से घबरा गए।उन्हें हमेशा की तरह अपना सिंहासन व स्वर्ग खोने का डर सताने लगा।इसलिए इन्द्र ने नारद की तपस्या भंग करने के लिए कामदेव को उनके पास भेज दिया।वहां पहुंच कामदेव ने अपनी माया से वसंतऋतु को उत्पन्न कर दिया।


पेड़ और पौधों पर रंग बिरंगे फूल खिल गए और कोयलें कूकने लगी,पक्षी चहकने लगे।शीतल,मंद,सुगंधित और सुहावनी हवा चलने लगी।रंभा आदि अप्सराएं नाचने लगीं ।किन्तु कामदेव की किसी भी माया का नारद पे कोई प्रभाव नहीं पड़ा।तब कामदेव को डर सताने लगा कि कहीं नारद क्रोध में आकर मुझे श्राप न देदें।

जैसे ही नारद ने अपनी आंखें खोली, उसी क्षण कामदेव ने उनसे क्षमा मांगी।नारद मुनि को तनिक भी क्रोध नहीं आया और उन्होने शीघ्र ही कामदेव को क्षमा कर दिया।कामदेव प्रसन्न होकर वहां से चले गए।कामदेव के चले जाने पर देवर्षि के मन में अहंकार आ गया कि मैने कामदेव को हरा दिया।

नारद फिर कैलाश जा पहुंचे और शिवजी को अपनी विजयगाथा सुनाई।शिव समझ गए कि नारद अहंकारी हो गए हैं और अगर ये बात विष्णु जी जान गए तो नारद के लिए अच्छा नहीं होगा।ये सोचकर शिवजी ने नारद को भगवन विष्णु को ये बात बताने के लीए मना किया। परंतु नारद जी को ये बात उचित नहीं लगी।