The FEDs independence Days Are Numbered

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News Date: September 21, 2020

Sometime back in March, the Federal Reserve began quarantining cash bills arriving from Asia. The move was meant to protect Americans from the coronavirus, but it was not entirely necessary. Cash usage was already at an all-time low.
The Fed is going to buy stocks. I do not know precisely when , but it will happen, and probably soon. It does not want to buy stocks but knows it is too dangerous to rule out. Since financial markets are like teenagers - continually testing boundaries - expect the Fed to keep getting pressed on this issue.
Sources:www.forbes.com, www.barrons.com

Payroll Tax Cut

President Trump said Wednesday that he has the absolute right to suspend payroll tax collections without the approval of Congress.
The president has considered issuing an executive order suspending evictions and payroll cuts.
Source 1:www.foxbusiness.com/
President Trump recent tweeted Payroll Tax Cut plus Dollars!
Source 2:twitter.com
Also, in march 2020, Trump proposed eliminating payroll tax through the end of the year.
Source 3:www.nbcnews.com

World Bank President:China needs to participate in debt relief

World Bank President David Malpass said that the Chinese government and its creditors need to participate in coordinated efforts to provide debt relief to the world's poorest countries, as China has become a major creditor to the developing countries of the world.
Source:finance.yahoo.com

President Donald J. Trump is Establishing America's Space Force

Our destiny, beyond the Earth, is not only a matter of national identity but a matter of national security. President Donald J. Trump's Space Policy Directive-4 is a bold, strategic step toward guaranteeing American space dominance that sets the framework for establishing the United States Space Force.
Source:whitehouse.gov

BANKRUPT Federal Reserve?

The Real Reason Trump Merged The US Treasury With FED:
Trump is forcing the Federal Reserve to buy up all of the bad loans that are out there and own the debt under stocks through BlackRock's trading. This forces the Federal Reserve to hedge for the economy and not against.
If the Federal Reserve owns more than 15% of America's debt, it can play it safe and exit at any time, but if they owned, let's say 50%, their decision to keep this bad investment comes into play. Owning half of the largest economy's debt may force the Federal Reserve to either declare bankruptcy or ask to be bought out.
Example:takeoregonback.com

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