Thursday, June 16, 2022

The Post says: Biden Pumps Out More Economic Baloney; Feds ‘nowhere near’ Understanding Scope of Pandemic Fraud, and other C-Virus related stories

AP/Susan Walsh
The Post says: Biden pumps out more economic baloney
The malarkey never stops with Joe Biden.
The president doubled down Tuesday on his economic delusions for a crowd of union members in Philly: “I don’t want to hear any more of these lies about reckless spending. We are changing people’s lives.”
His policy has changed people’s lives: for the worse, by sticking Americans with crushing inflation, a tanking stock market and a looming recession — precisely through his reckless spending, his war on the US energy industry and other policies.
His $1.9 trillion American Rescue Plan dumped stimulus on an already-hot economy and triggered the inflation mess, yet he’s still calling for more spending hikes. (Thank Sen. Joe Manchin for blocking his $5 trillion Build Back Better madness.)
He also took the time to try to blame Donald Trump for the policy failures of Biden’s own Democratic Party colleagues during COVID. --->READ MORE HERE
AP Photo/Patrick Semansky, File
Feds ‘nowhere near’ understanding scope of pandemic fraud:
The Secret Service has “hundreds” of investigations into international criminal syndicates suspected of stealing taxpayers’ money from pandemic relief programs, the agency’s top coronavirus official told Congress on Tuesday.
But he and other federal investigators also said they can’t yet say how much of the trillions of dollars paid out in relief was fraudulent.
“We are nowhere near a full understanding of the fraud landscape,” said Hannibal “Mike” Ware, the inspector general at the Small Business Administration, which doled out more than $1.3 trillion in loans.
Estimates by outside analysts run deep into the hundreds of billions of dollars, with perhaps $250 billion alone stolen from the $900 billion in pandemic unemployment benefits. Haywood Talcove, CEO of government business at LexisNexis Risk Solutions, figures a majority of that flowed to overseas actors.
Little of it has been clawed back. --->READ MORE HERE
Follow links below to relevant/related stories and resources:

New Study Concludes Lockdowns Caused AT LEAST 170,000+ Excess Deaths In U.S.

Canada lifts jab mandate for domestic and overseas travel

USA TODAY: Coronavirus Updates

WSJ: Coronavirus Live Updates

YAHOO NEWS: Coronavirus Live Updates

NEW YORK POST: Coronavirus The Latest

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