Friday, March 27, 2020

U.S. to Take Stakes in Airlines in Exchange for Grants, Mnuchin Says

Ed.'s note: This is how corporations work structured by law merchants. The "United States" corporation taking control of Boeing. See: 28 U.S. Code §3002. Definitions:

(15) "United States" means—
     (A) a Federal corporation;
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Source: Wall Street Journal

Plan emerged during last-minute negotiations over $2 trillion economic rescue package to address coronavirus crisis

By Siobhan Hughes, Alison Sider and Kate Davidson | March 26, 2020

WASHINGTON—Treasury Secretary Steven Mnuchin indicated that the U.S. government would take stakes in airlines in exchange for billions of dollars in direct grants to the companies, according to people familiar with the matter, as part of a $2 trillion economic rescue package.

Please go to Wall Street Journal to read the entire article.
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Wall Street's mega banks and their primary regulator, the Federal Reserve, are no longer just a threat to the safety and soundness of the U.S. banking system — together they are an unparalleled and unprecedented threat to the idea of democracy as we understand it:

Stimulus Bill Allows Federal Reserve to Conduct Meetings in Secret; Gives Fed $454 Billion Slush Fund for Wall Street Bailouts

Some on Wall Street not buying Boeing's bailout balk


If these are corporations and we are contracting with these corporations who is going to take liability for the Boeing-Honeywell Uninterruptible Autopilot (BUAP) implicated in aircraft "disasters?"

FLIGHT CONTROL: Boeing's 'Uninterruptible Autopilot System', Drones & Remote Hijacking


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