Please welcome a local soybean farmer. [applause] rick good afternoon. My name is rick, and i am a thirdgeneration farmer right here in western pennsylvania. Back in 2016, i voted for donald trump. On the campaign trail for years ago, he madeyears tons of promises, the working man to the middle class. As he traveled around the country, he promised to bring back jobs and promote the economy. Promote the use of ethanol for farmers. It did not take long for me to realize that President Trump is nothing more than a con man. He sold me and others on the idea that he would change things in washington. You heard it, drain the swamp. Make America Great for the working man. People like myself, who felt ignored and underappreciated by our national leaders. One of the first things that he did that had an impact on thousands of farmers like myself, was the start of the trade war with china. It was a double whammy. The added cost of the inputs due to the tariffs compounded with the effects of what
Pennsylvania. He discusses the economy, unions, health care, and the federal governments response to the coronavirus pandemic. [applause] please welcome a local soybean farmer, rick telez. [applause] rick good afternoon. My name is rick, and i am a thirdgeneration farmer right here in western pennsylvania. Back in 2016, i voted for donald trump. On the campaign trail for years ago, he madeyears tons of promises, the working man to the middle class. As he traveled around the country, he promised to bring back jobs and promote the economy. Promote the use of ethanol for farmers. It did not take long for me to realize that President Trump is nothing more than a con man. He sold me and others on the idea that he would change things in washington. You heard it, drain the swamp. Make America Great for the working man. People like myself, who felt ignored and underappreciated by our national leaders. One of the first things that he did that had an impact on thousands of farmers like myself, w
And social distancing measures have disproportionately hurt the smaller businesses. Just this week, companies filed or are on the verge of filing or group c. If they cant filing for bankruptcy. If they cant survive, how can smaller businesses survive . It is an extraordinary divergence between rich and poor, small and big. So Many Companies forced to shut down due to regulations or activity. Meanwhile, the larger chains in the world online players big retailers who make. New york sports club, century 21, lord and taylor, virgin atlantic. An extraordinary divergence happening right now. An unbelievable amount of inequality being compressed into a short amount of time. Romaine if you look at those names, a lot of them are Consumer Discretionary names. If you look at where the bankruptcies have been happening and in what sector, you get a better sense. Obviously, the first thing to go with regard to spending is going to be the discretionary items. Youve seen that come down. 22 making up a
Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
Of the Newyork Historical Society top of the articles in the joint publication. A civil war in 50. Objects they risks they discuss objects civil war technicality, includings will secret war codes. The new york Historical Society provided the video. So harold, weve been talking in the series about the power of objects being touchstones and historical event, being conduits to understanding the past. Its a thrill and extort a experience being historian in new york historian and working along these treasures and using them in my exhibitions. Lets talk about a second for the inspiration for this program a civil war in 50 objects. I can 50 objects tells such a sweeping . Story we so after cells that question often when we were whittling down the list and it was so much to choose from. I guess the way we did it as i recall, his first we discussed the medium of the object. We wanted, photographs paintings, objects, relics and then we wanted to represent every year of the civil war. First year