Investigation Finds $400 Billion Was Stolen
Or Wasted In Covid Fraudsters’ ‘Great Grift’
The Federalist,
by
Christopher Jacobs
Original Article
Posted By: earlybird,
6/15/2023 7:53:01 PM
In case you had any lingering doubts that forcibly shutting down the entire economy over a virus and replacing economic activity with government payments does not represent a smart strategy, the Associated Press has more evidence to bolster the case.
Its latest investigation, titled “The Great Grift,” highlighted the staggering scope of fraud taxpayers face because of Covid-era programs. On the heels of earlier AP investigations that showed significant spending on projects that had little to do with the coronavirus, the story provides one major explanation — albeit an infuriating one — for our nearly $32 trillion-and-counting federal debt.
Reply 1 - Posted by:
bogeegolf 6/15/2023 8:01:57 PM (No. 1492794)
Let me guess, and nobody is going to jail.
38 people like this.
Reply 2 - Posted by:
MindMadeUp 6/15/2023 8:25:59 PM (No. 1492800)
Imagine how many bombs and missiles to waste in Ukraine we could have bought with that wasted money...
29 people like this.
Reply 3 - Posted by:
jasmine 6/15/2023 8:48:50 PM (No. 1492811)
FTA: "...investigators within the Small Business Administration have “a backlog of more than 80,000 actionable leads, close to 100 years’ worth of work.”
And yet this reckless administration was so busy demanding 80,000 new IRS agents to look for dishonest American taxpayers, it allowed 400 billion dollars paid by hard working Americans to simply disappear.
Where did all that money end up? It didn't just walk away. Is there nobody in Democrats' circle who can figure it out? Everything this administration does ends up making our own citizens poorer, whether it's leaving billions of dollars of weapons in Afghanistan or importing poverty and crime via Biden's Open Borders. Or having the wrong priorities so nobody is watching the theft of 400 billion dollars that belong to the American people. The staggering losses to American taxpayers since Biden's election tells a story of great disrespect.
31 people like this.
Reply 4 - Posted by:
nwcudagal 6/15/2023 8:58:17 PM (No. 1492814)
They are only admitting to $400 B.
37 people like this.
Reply 5 - Posted by:
qr4j 6/15/2023 9:42:21 PM (No. 1492840)
I’m reminded of Gomer Pyle: Surprise, surprise, surprise!
22 people like this.
Reply 6 - Posted by:
DVC 6/15/2023 9:51:54 PM (No. 1492845)
Re #1, they probably won't even TRY to recover any of it.
21 people like this.
Reply 7 - Posted by:
rochow 6/15/2023 10:27:55 PM (No. 1492863)
I wonder how many politicians got a fat bank account. Just wondering. Perhaps they were aping the resident vegetable in the WH.
19 people like this.
Reply 8 - Posted by:
Catherine 6/15/2023 10:43:55 PM (No. 1492875)
All these billions are being used to rearrange populations all over the world. I never believed they were to help Ukraine in the war. Money had to be being spent to line up the men to invade us. Then planes are needed. Housing is needed when they get here. Food, clothing, medicine - that all costs money. Millions have been brought to this country. I think that's where the billions are going.
15 people like this.
Reply 9 - Posted by:
Birddog 6/15/2023 11:35:32 PM (No. 1492905)
I want to see a breakdown of the $1Trillion still unspent, and WHY it has to be spent anyway.
I hear adverts on TV and the radio several times a week from companies promising that they can STILL get you covid benefits, $10's of thousands worth.
How is it that the Bureau of Prisons could NOT be cooperating to find prisoners that scammed the Tax payers for Millions???
16 people like this.
Reply 10 - Posted by:
DiegoDude 6/16/2023 5:18:05 AM (No. 1492957)
As political humorist P.J. O'Rourke once said " the purpose of government is to waste money." I think this is one more illustration. I used to be disgusted, now I'm just amused.
12 people like this.
Reply 11 - Posted by:
mifla 6/16/2023 5:25:14 AM (No. 1492959)
Tell me again how I am not paying my "fair share" of taxes?
14 people like this.
Reply 12 - Posted by:
Rumblehog 6/16/2023 6:26:30 AM (No. 1492981)
It's no use. The Democrats know no shame. Our Founding Fathers are spinning in their graves. Is it asking too much for the 50 States to throw up their hands and say, enough is enough? This money giveaway madness MUST stop, before we're sold off to China to settle our debts.
14 people like this.
Reply 13 - Posted by:
judy 6/16/2023 7:02:57 AM (No. 1493000)
Well they manage to find all the people who attended school board meetings & confiscate all cell phones from J6 attendees .....
11 people like this.
Reply 14 - Posted by:
LanceLink1 6/16/2023 7:05:15 AM (No. 1493004)
Let me show you my shocked face.
7 people like this.
Reply 15 - Posted by:
felixcat 6/16/2023 7:38:27 AM (No. 1493028)
It's too late now but I wish Trump - as soon as governors started shutting down their states said no federal aid to the states - keep your states open or no federal money. But people like Larry Kudlow will never admit that they screwed things up by rushing to come up with the PPP, etc.
10 people like this.
Reply 16 - Posted by:
Rinktum 6/16/2023 7:44:45 AM (No. 1493035)
Government fraud is rampant. Paying taxes to this corrupt system is an exercise in futility. Government cannot and will not stop spending money and worse than that, they will not account for where it is being spent. The waste and fraud are killing us. Why do we enable crooks to spend our money without any oversight? Anyone with a brain understands that theft and corruption will continue to increase if those doing the spending are not held accountable.
13 people like this.
Reply 17 - Posted by:
nwcudagal 6/16/2023 7:58:26 AM (No. 1493048)
I don't buy it! They have left off a few extra zeroes.
8 people like this.
Reply 18 - Posted by:
czechlist 6/16/2023 8:52:47 AM (No. 1493094)
yeah, but, "we owe most of that debt to ourselves"
there, problem solved! platitudes always make me feel so much better.
let's spend this week's paycheck on a ball game tonight! "It's only money!!!"
6 people like this.
Reply 19 - Posted by:
MickTurn 6/16/2023 9:14:01 AM (No. 1493116)
Not Stolen, GIVEN to Leftist Orgs by Brandon Bidet!
10 people like this.
Reply 20 - Posted by:
udanja99 6/16/2023 9:27:38 AM (No. 1493140)
2020 was scheduled to be my busiest year in the 20 years that I had my company, but covid killed it and then I retired. I never received one penny of assistance because my business was “sole proprietorship”.
FJB
9 people like this.
Reply 21 - Posted by:
Zigrid 6/16/2023 11:31:16 AM (No. 1493232)
The power is in the purse...and democrats know this formula well...it's always about the money...in this case big Pharma...who are still advertising covid shots to seniors.....and the greenies who support their life style with our money....buying up property on islands and flying around in their private jets...like Kerry...the guy who shot himself in the foot to get out of Nam and then tattle to congress about those big bad white soldiers killing in Nam...which they were ordered to do....
6 people like this.
Reply 22 - Posted by:
Strike3 6/16/2023 9:41:55 PM (No. 1493587)
The democrats don't consider the money wasted. Hospitals were encouraged to inflate their COVID case count so the government could claim that the pandemic was much worse than it was and hospitals made out by using COVID relief funds to build new hospital facilities all over the country. Win/win for the dark side and, as usual, a loss to hardworking taxpayers.
1 person likes this.
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