Except that @AOC asked for the $2,000 after the $600 payout was negotiated by House Democrats, Senate Republicans and the Trump regime. Which was never enough to start. Now Biden is still not providing the $2,000 when folks need the money.

The Member from New York is correct.

You can argue that AOC shouldn't have taken to media to make her case. But she's a Member of Congress and can use any of the tools at her disposal to do so. In any case, she is correct that what Biden is proposing isn't nearly good enough. Also, Biden only responds to pressure.
It is only B.S. to you because you are more-aligned with Biden and his wing of the Democratic Party than with AOC's wing. https://t.co/N4ZpfbAJb9
The reality is that $2,000 is not enough and when Biden stepped into this, he basically agreed to give $2,000 (even if he 'meant' just another $1,400). Biden should have just did the $2,000 because we all know that another $1,400 isn't enough. https://t.co/ycXsO0d7LL
Bernie praised it as a 'very strong first installment'. Which means that he expects more than just another $1,400. But because he has a closer relationship with Biden than AOC does, he's not going to press hard right now. @charles_gaba
https://t.co/O5QFeUti1c
This, by the way, is where AOC could have done better. Politics is the art of the possible, and the reality is that with rather tenuous control of the Senate, Biden has to get as much possible as he can. @charles_gaba
I agree with AOC that Biden should be more-aggressive. But there's Joe Manchin sitting right there threatening to derail everything good because he's a White Supremacist DINO who cares only about getting re-elected. So Biden does what he can. @charles_gaba
This point, by the way... https://t.co/DXohk6o3dF
Ultimately, AOC is right to push Biden on this. That's her job. She's not here just to play nice for the president-elect; she's also fighting for other Americans, including those in her district who really need way more than $1,400 or even $2K. https://t.co/ITzDlNwiqw
Biden is doing the art of the possible. But AOC is also fighting to make more possible. If more folks (including Manchin's constituents) demand $2,000, Manchin has to give. Which means Biden moves. Or Biden tells Manchin to do it or lose something he really wants. @charles_gaba
Activists and Members of Congress working the outside are the ones who push the folks closer to the center to change. That's how life works. And AOC is doing it right - even if Center-Whites don't like it. @charles_gaba
Meanwhile as WillyWicki notes, Biden forgets that the average American isn't going to do a whole lot of mental math to understand what he's doing.

He should just push for the $2,000 and avoid disappointing folks out there. https://t.co/k34aERrvEn
There are, by the way, other reasons why Biden should just give the $2,000. Starting with the latest economic news. https://t.co/ZBdjVJ1Lqo
I forgot this, by the way (and @charles_gaba probably forgot this, too). The promise of $2,000 was, along with the work of LaTosha Brown, Stacey Abrams and other Black folks, the key to Ossof and Warnock winning their races.

You keep the promises made. https://t.co/M2YJmhqFS3
For most folks, that's $2,000, and in their minds, above the $600 given. Not $1,400 on top of $600.
This is also correct... https://t.co/EpkHMGqGfD
I talk to real live people who aren't in policy. This includes folks who drive buses as well as fix cars for a living. Ask them about the $2,000 and they thought they were getting an additional $2,000.

That's how Joe Average thinks. We're not Joe.
https://t.co/aLRhHQHNGX
Let me remind you of this: If you are the person tweeting or putting together newsletters on healthcare issues, you aren't the average person. So don't assume that how you think is how the person working out there in that blue collar life thinks.
That's on you. https://t.co/c6vVzBliOr
I'm also Black, so the chances of me knowing everyday people is far greater because they also happen to be my relatives and neighbors. As well as folks I deal with in areas such as education.

More from Finance

Ok here is the explanation. Grab a cup of coffee and read on. If you have not read/noticed this, you will see intraday options movement in a new light.


Say we have two options, one 50 delta ATM options and another 30 delta OTM option. Normally for a 100 point move, the ATM option will move 50 points and the OTM option will move 30 points. But in a high volatile environment, the OTM option will also move nearly 50 points

To understand why this happens, first understand why an ATM option is 50 delta. An ATM option has the probability of 50% of expiring as ITM. The price just has to close a rupee above the strike for the CE to be ITM and vice versa for PEs

Now think of a highly volatile day like today. If someone is asked where the BNF will close for the day or expiry, no one can answer. BNF can close freakin anywhere, That makes every option of an equal probability of being ITM. So all options have a 50% probability of being ITM

Hence, when a huge volatile move starts, all OTM options behave like ATM options. This phenomenon was first observed in the Black Monday crash of 1987 at Wall Street, which also gave rise to the volatility skew/smirk

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The chorus of this song uses the shlokas taken from Sundarkand of Ramayana.

It is a series of Sanskrit shlokas recited by Jambavant to Hanuman to remind Him of his true potential.

1. धीवर प्रसार शौर्य भरा: The brave persevering one, your bravery is taking you forward.


2. उतसारा स्थिरा घम्भीरा: The one who is leaping higher and higher, who is firm and stable and seriously determined.

3. ुग्रामा असामा शौर्या भावा: He is strong, and without an equal in the ability/mentality to fight

4. रौद्रमा नवा भीतिर्मा: His anger will cause new fears in his foes.

5.विजिटरीपुरु धीरधारा, कलोथरा शिखरा कठोरा: This is a complex expression seen only in Indic language poetry. The poet is stating that Shivudu is experiencing the intensity of climbing a tough peak, and likening

it to the feeling in a hard battle, when you see your enemy defeated, and blood flowing like a rivulet. This is classical Veera rasa.

6.कुलकु थारथिलीथा गम्भीरा, जाया विराट वीरा: His rough body itself is like a sharp weapon (because he is determined to win). Hail this complete

hero of the world.

7.विलयगागनथाला भिकारा, गरज्जद्धरा गारा: The hero is destructive in the air/sky as well (because he can leap at an enemy from a great height). He can defeat the enemy (simply) with his fearsome roar of war.