Speaker 1: Business is large and small, and many parts of America
Speaker 1: is still on lockdown due to the virus. The unemployment
Speaker 1: rate horrific in some states. Democrat governors appear to be
Speaker 1: doing everything they can to make the shutdown last as
Speaker 1: long as possible, while at the same time begging for
Speaker 1: a federal bailout to fix their budgets, even though their
Speaker 1: states have been mismanaged for decades. Now, four Democrats senators,
Speaker 1: including Amy Klobisher and Folca Hottas, are trying to use
Speaker 1: the economic shutdown as an excuse to stick it to business.
Speaker 1: The Democrats senators wrote a letter to the FED Chairman
Speaker 1: Jerome Powell and the Treasury Secretary Steve Manuchin. Senators want
Speaker 1: Powell and Manucha to use their broad authority and discretion
Speaker 1: to stop big companies that got bailout money from engaging
Speaker 1: in mergers and acquisitions. They claim that this anti business,
Speaker 1: anti capitalist maneuver mergers is going to help the little guy.
Speaker 1: I've given the long lockdown. A whole lot of businesses
Speaker 1: are in deep doo doo, and the only way some
Speaker 1: of them may be able to stay afloat is to
Speaker 1: merge with another bigger company. The last thing American business
Speaker 1: owners need right now is a bunch of Democrats who
Speaker 1: don't know the first thing about meeting a payroll, telling
Speaker 1: them what they can and can't do as they try
Speaker 1: to survive.