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White House orders pause on all federal grants and loans (www.wishtv.com)

submitted 10 months ago by MdRuckus@lemmy.world to c/news@lemmy.world

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[-] Asafum@feddit.nl 91 points 10 months ago

“The use of Federal resources to advance Marxist equity, transgenderism, and green new deal social engineering policies is a waste of taxpayer dollars that does not improve the day-to-day lives of those we serve.”

🤮 🤮 🤮🤮 🤮 🤮

I fucking hate these people so much... "The things that aim to improve peoples lives don't enrich my donors or please the hateful heritage foundation so they're bad."

[-] Xanthobilly@lemmy.world 80 points 10 months ago

This is absolutely bonkers, halts 10% of the US GDP overnight and will spark civil unrest if it goes on too long.

[-] Nougat@fedia.io 57 points 10 months ago

... will spark civil unrest ...

Don't tease me.

[-] earphone843@sh.itjust.works 14 points 10 months ago

They want that so they have an excuse to deploy the military against civilians.

[-] Glasgow@lemmy.ml 9 points 10 months ago

He’s already said he’s thinking of using the insurrection act to invoke martial law within the next 90 days.

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[-] spankmonkey@lemmy.world 36 points 10 months ago

Sadly, the civil unrest will be from Republicans who somehow blame everyone else for their dear leader taking a shit on the country, again.

[-] Xanthobilly@lemmy.world 7 points 10 months ago

Might actually break the spell. Granted, they’re morons, so it might not.

[-] spankmonkey@lemmy.world 16 points 10 months ago

It won't. These people are stupid enough to cheer him on after his first term in office ended with a fucking insurrection. They don't give two shits about law or anyone else.

[-] Xanthobilly@lemmy.world 2 points 10 months ago

They do care about their own pocketbooks. Halting 10% of the economy is as bad or worse than Covid.

[-] spankmonkey@lemmy.world 8 points 10 months ago

These morons were fine with covid except when it affected them personally, and even then they didn't care enough to vote against the person who undermined the covid response. They never blamed the Republicans for shutting down the government multiple times for no reason other than to obstruct a Dem president.

They are too stupid to link this to their suffering. They will just blame Dems based on whatever the orange turd says.

[-] kescusay@lemmy.world 66 points 10 months ago

Jesus... This will directly and unequivocally shrink the economy. That money? It's paid to businesses for services. He just fucked our GDP.

And it's going to disproportionately affect red states, because those are the states that receive the most federal grants.

[-] NatakuNox@lemmy.world 34 points 10 months ago* (last edited 10 months ago)

They want to kill off the little fish that need that money. Also, this is a death nail for most nonprofits. Nonprofit, is a dirty word to oligarchs. Why do good things for no personal gain?! Watch for profit large corporations snap up assets and market shares of services previously provided by nonprofits and charities.

[-] TrickDacy@lemmy.world 28 points 10 months ago

Everything he's done so far, and most of what he will do, will be bad for our economy

[-] earphone843@sh.itjust.works 3 points 10 months ago

Which is the point.

[-] Glasgow@lemmy.ml 17 points 10 months ago

This move alone is 10% of gdp, all executive orders combined + knock on effects are dire

[-] kescusay@lemmy.world 13 points 10 months ago

Can you share the source for this image? This is fucking huge.

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[-] BoobaAwooga@lemmynsfw.com 48 points 10 months ago

This guy is out to harm millions of Americans. If not corrected and just allowed to happen we’ll end up with a recession worse than 08. This is treason to willfully do this as president

[-] esc27@lemmy.world 17 points 10 months ago

Sadly, I worry the US needs to suffer badly if there is to be any hope of embracing real progress in the future.

[-] cm0002@lemmy.world 9 points 10 months ago

After the Great Depression happened the largest wave of worker protections and regulations were passed in US history.

So maybe you're not wrong, we just need a Great Depression 2 unfortunately

[-] earphone843@sh.itjust.works 4 points 10 months ago

Unfortunately, the US wasn't a fascist state after the great depression.

[-] TrickDacy@lemmy.world 2 points 10 months ago

Need to? Nope. Is that what will happen? Probably, looking like that's the only way it will happen

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[-] TrickDacy@lemmy.world 17 points 10 months ago

It is also treason to tell an angry armed mob to go to the capitol and fight fight fight but look at all those harsh penalties he got for that

[-] Semi_Hemi_Demigod@lemmy.world 16 points 10 months ago

Pfft, like this is the first time Trump committed treason

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[-] NocturnalMorning@lemmy.world 40 points 10 months ago

Yeah, a lot of this is congressional mandated funding. You can't just take that away with the swipe of a pen. If congressional doesn't act, or many lawsuits don't get filed to challenge this, we really are living in the beginnings of a fascist regime, and we are meekly accepting it.

[-] tal@lemmy.today 14 points 10 months ago* (last edited 10 months ago)

The thing is, you can maybe take it to court, but the suspension itself while a court examines it might be disruptive.

It looks like there are a number of federal loans preferentially extended to a number of groups (black-owned businesses, female-owned businesses, etc) by the Small Business Administration. If Trump intended to end minority-preferential lending, say, I could see that going over well with people who voted for him, but across-the-board temporary suspension while it's evaluated seems to me like it'd make a lot of people out there who voted for him unhappy.

[-] Jhex@lemmy.world 12 points 10 months ago

we really are living in the beginnings of a fascist regime, and we are meekly accepting it.

Ding ding ding

[-] tal@lemmy.today 18 points 10 months ago

https://www.newsweek.com/donald-trump-federal-grants-aid-pause-freeze-2021835

For now, it is not immediately clear exactly what will be impacted, although there is an exception for funding and grants paid directly to American citizens.

If this impacts farm and small business loans, I suspect that it is not going to take very long to produce a lot of political upset.

[-] Olgratin_Magmatoe@lemmy.world 18 points 10 months ago* (last edited 10 months ago)

He makes the ferengi look generous and benevolent.

[-] ShepherdPie@midwest.social 10 points 10 months ago* (last edited 10 months ago)

I saw in another post on this that it could also impact ~~student loans~~ federal college grants since those funds are given directly to universities. It'll be interesting to see how this plays out as spring term begins in a month or two.

Edited to use the right terminology.

[-] BigPotato@lemmy.world 2 points 10 months ago

OMB clarified that VA benefits and PELL Grants are not included.

I'm sure that'll change in... Forty seconds or so but as it stands now, the leopards have delayed eating those faces for now.

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this post was submitted on 28 Jan 2025

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