Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
HeerJeet's profile
Jeet Heer
Jeet Heer
Jeet Heer
Verified account
@HeerJeet

Tweets

Jeet HeerVerified account

@HeerJeet

1. Writer, The Nation https://www.thenation.com/authors/jeet-heer/ … 2. email: jeetheer1967 at gmail dot com 3. Twitter essayist 4. Drawn by Joe Ollmann

thenation.com
Joined June 2012

Tweets

  • © 2022 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    Jeet Heer‏Verified account @HeerJeet 3 Aug 2020

    1. Some pundits have been puzzled by the fact Republicans are already embracing austerity, an odd choice before an election when they should be trying to juice up the economy. One answer is that they've already won the big stimulus fight: unlimited funds for Wall Street.

    9:07 AM - 3 Aug 2020
    • 259 Retweets
    • 966 Likes
    • Elise Young EditionA Sudha Lakshmi Karl Robot GivingTheMic Podcast 50 gay mayors SamanthaAnnJaneMarie Eugene Cameron O'Connell
    20 replies 259 retweets 966 likes
      1. New conversation
      2. Jeet Heer‏Verified account @HeerJeet 3 Aug 2020

        2. It's not widely understood, but on March 23 the Federal Reserve made a radical decision that fundamentally changed the nature of American capitalism: they would now start lending money (at near zero interest) to non-financial corporations.

        6 replies 81 retweets 356 likes
        Show this thread
      3. Jeet Heer‏Verified account @HeerJeet 3 Aug 2020

        3. Leveraging $454 billion allocated by Congress, the Federal Reserve has lent more than $7 trillion to private companies, with no strings attached. This has emboldened private lenders to re-enter market. This is the jet fuel powering stock market even amid economic collapse.

        19 replies 77 retweets 335 likes
        Show this thread
      4. Jeet Heer‏Verified account @HeerJeet 3 Aug 2020

        4. In 2008, the Washington elite decide the big banks were "too big to fail." Now it turns out Wall Street as a whole is too big to fail. The Federal government is now the silent partner of big business: a silent partner that makes no demands on management.

        5 replies 84 retweets 331 likes
        Show this thread
      5. Jeet Heer‏Verified account @HeerJeet 3 Aug 2020

        5. Some further thoughts on the larger shape of the new economy: unlimited looting by Wall Street and austerity for the working class:https://www.thenation.com/article/economy/bipartisan-cares-act-unemployment/ …

        5 replies 115 retweets 312 likes
        Show this thread
      6. Jeet Heer‏Verified account @HeerJeet 3 Aug 2020

        Jeet Heer Retweeted Victoria Guida

        6. A correction: the $7 trillion was used more broadly for treasuries and mortgage backed securities:https://twitter.com/vtg2/status/1290323741168349185 …

        Jeet Heer added,

        Victoria GuidaVerified account @vtg2
        This isn’t accurate. Guessing the $7T figure he’s referring to here is the size of the Fed’s entire balance sheet, which is mostly Treasuries & mortgage-backed securities. The amount the Fed has lent out directly for the benefit of nonfinancial biz is in the teens of billions. https://twitter.com/HeerJeet/status/1290319710400086016 …
        Show this thread
        19 replies 22 retweets 152 likes
        Show this thread
      7. End of conversation
      1. AlbertFishNChips‏ @Scrambruh 3 Aug 2020
        Replying to @HeerJeet

        They're just doing it to load the chamber before firing on what they largely expect to be a Biden presidency come January. It's political cover.

        0 replies 0 retweets 14 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. New conversation
      2. Fenderputty‏ @fenderputty 3 Aug 2020
        Replying to @HeerJeet

        Or they know they’re gonna lose and are starting the anti stimulus narrative early

        1 reply 0 retweets 10 likes
      3. John‏ @johnlk_80 3 Aug 2020
        Replying to @fenderputty @HeerJeet

        I think this is too clever by half. Trump doesn't know he's going to lose, and if he did, he absolutely would not care about the Republican Party's medium term future. (Mnuchin has no particular reason to care about that, either)

        2 replies 0 retweets 5 likes
      4. Show replies
      1. New conversation
      2. Corpulace‏ @Corpulace 3 Aug 2020
        Replying to @HeerJeet

        They embrace austerity when there is a Democrat in office. They know Trump is losing so they are getting ready to blame the debt on Dems as soon as Biden is declared winner.

        3 replies 2 retweets 55 likes
      3. Ministry of Truth customer service‏ @MidwestDeplore 3 Aug 2020
        Replying to @Corpulace @HeerJeet

        neither you nor Jeet answer the question he posed. Why are Republicans sabotaging the economy before the election? It's ideology. They've become divorced from the reality of the voters and working people. How much did the Fed's blank check ameliorate Q2's economic decline?

        1 reply 0 retweets 5 likes
      4. Show replies

    Loading seems to be taking a while.

    Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

      Promoted Tweet

      false

      • © 2022 Twitter
      • About
      • Help Center
      • Terms
      • Privacy policy
      • Cookies
      • Ads info