Coronavirus

Coronavirus.

The bribers use the COVID pandemic during the Trump Administration to line their pockets. The amount of graft that went on was extensive. The rich got richer during the COVID pandemic while the average person suffered. There are thousands of examples of the rich stealing from the government. Probably the one that exemplifies this point is multi-millionaire football quarterbacks receiving millions of dollars in COVID assistance money. When the Stock Market was crashing in March 2020 the Federal Reserve poured Trillions of Dollars into the Bribers buying assets, buying stocks, buying bonds, and buying treasury bills so that they expand the balance sheet during the coronavirus crisis. Three-quarters of America’s 722 billionaires are as rich, or richer than they were before the pandemic—some by billions, tens of billions, or even more than one hundred billion dollars.

When Covid-19 first happened the Trump Administration spent over $5.7 trillion dollars to fight the pandemic, and much of the money has been stolen. The amount to be spent to help the unemployed was $872 billion dollars, an estimated half ($436 billion) was stolen and never made it to the unemployed. The Paycheck Protection Program (PPP) approved $521 billion to help small businesses keep workers on their payrolls through low-interest, forgivable loans. Of the maximum of $175 billion dollars spent — about 34 percent — went to paying workers who would have lost their jobs, and the other $115.5 billion was stolen. An estimated 75% of the money went into the hands of the Bribers.

Despite raking in record profits in 2019 and remaining profitable even during the COVID-19 pandemic, in part because of taxpayer-funded COVID relief, insurance companies and hospitals nationwide have largely ignored the rules from Health and Human Services (HHS). The insurance industry and hospitals, particularly hospital chains with market power, are the key drivers of sky-high healthcare costs in the United States. Medical claims paid to hospitals and the private insurance industry ran 175% to 400% of the Medicare rate for the same care. While consumers can aid enforcement efforts by submitting a complaint to CMS if a hospital or insurance company is not in compliance with federal rules. The mechanism is ineffective. Less than 10% are aware they can file a complaint, and even fewer file a complaint that can take years to resolve while their credit score is impacted negatively.

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Talking Points Information

COVID-19 is the greatest threat to the United States to materialize in over a century.

Steven Mnuchin funneled $500B of PPP Covid relief loans. Giving millions to himself, Jared Kushner, Trump's Super PAC, Devin Nunes, Betsy DeVos, Kanye West, Tom Brady and $334K to Moscow Mitch’s wife Elaine Chao.