Tuesday, March 29, 2022

Insanity Wrap: Biden's COVID Relief 'The Biggest Fraud in a Generation'

COVID relief's half-trillion-dollar fraud is the new big crazy.

COVID Relief Fraud the Biggest Ever The Looting of the Covid Relief Plan Known as PPP. If you're on any blood pressure medication, this might be a good time to take it.

Many who participated in what prosecutors are calling the largest fraud in U.S. history - the theft of hundreds of billions of dollars in taxpayer money intended to help those harmed by the coronavirus pandemic - couldn't resist purchasing luxury automobiles.

They came into their riches by participating in what experts say is the theft of as much as $80 billion - or about 10 percent - of the $800 billion handed out in a Covid relief plan known as the Paycheck Protection Program, or PPP. That's on top of the $90 billion to $400 billion believed to have been stolen from the $900 billion Covid unemployment relief program - at least half taken by international fraudsters - as NBC News reported last year.

Another $80 billion potentially pilfered from a separate Covid disaster relief program.

Back in 2009, then-Vice President Joe Biden admitted that "We know some of this money is going to be wasted" in President Barack Obama's $787 billion "Stimulus" package.

Before the law was even six months old, Judicial Watch found that "At least $55 billion of U.S. stimulus funds will likely be lost to waste, fraud and abuse."

https://pjmedia.com/vodkapundit/2022/03/29/insanity-wrap-bidens-covid-relief-the-biggest-fraud-in-a-generation-n1585090 

No comments: