The fraudsters already have their claws in the bailout

Fraudulent claims being made to the small business bailout fund..

 

Likely to be 10's of BILLIONS by the time its all doled out.    I'm starting to think that a $5k check to all adults would have been a better approach than the top down method.    This is not a complete partisan jab as Democrats signed the bill too.

 

Lessons being learned:

1) Businesses who need the money the least were the first in line.   Businesses who need money the most are still fighting through red tape.   You can point the finger at banks for this one.

 

2)  Many companies are overstating their employee counts and other stats so as to get more money

 

3) We dont have enough personnel to effectively audit the number of claims coming in.   Thats partly because Federal staff has been reduced in recent years for ideological reasons...but mainly because its just a shitload of claims.

 

4) There are lots of provisions in the bailout that have nothing to do with bailing people out.   (EX) There is a provision in the bailout that gives real estate developers a massive tax rebate not just for this year but also for 2018/19.  Something some politicians wanted in the original tax cut bill but left out because of its deficit scoring.   (This is a partisan jab)   By the way - do you know any real estate developers in our federal government that might benefit from this?

 

5) The person in charge of oversite of this program was fired by the president because he has a history of enforcing oversite.   And the president has made clear he will not be coordinating with COngress on oversite of the bailout spending either.   So, ah, we're counting on the guy who uses offshore accounts and shell companies to do his own business to oversee the bailout spending  (This is a partisan jab)

 

 

 

Edited on May 2, 2020 9:15am

Wow, the're scammers who profit from government giveaways.  Who would have thunk it.

 

There are millions who've lived their entire life living off of government free shit.

Edited on May 2, 2020 9:23am
Originally posted by: Boilerman

Wow, the're scammers who profit from government giveaways.  Who would have thunk it.

 

There are millions who've lived their entire life living off of government free shit.


Yep - one of them is in the white house.  Did you read number (4)?

Originally posted by: Boilerman

Wow, the're scammers who profit from government giveaways.  Who would have thunk it.

 

There are millions who've lived their entire life living off of government free shit.


In conservative fantasy land, sure. Not in the real world.


Don't forget, Trump tried to take the entire $2 trillion package for his own personal use. And in fending that off, the Democrats allowed the $500 billion no-oversight Republican slush fund.

 

Boiler and his buddies are totally down with that.

 

There is no individual citizen who can even approach the breathtaking fraud of the Republican Party.

Well, DUH !

 

The Government is giving away money, . . . and there's fraudsters taking advantage.

 

SAY IT ISN'T SO ! ! !

 

For the record poor old DonDiego opposes Government redistribution-of-income altogether; he always has.

 

n.b.  And before someone asks: NO.

Poor old DonDiego is not gonna turn down his check; he wishes no one were getting a check, including himself.  Free money can be corrupting.  

Originally posted by: Don

Well, DUH !

 

The Government is giving away money, . . . and there's fraudsters taking advantage.

 

SAY IT ISN'T SO ! ! !

 

For the record poor old DonDiego opposes Government redistribution-of-income altogether; he always has.

 

n.b.  And before someone asks: NO.

Poor old DonDiego is not gonna turn down his check; he wishes no one were getting a check, including himself.  Free money can be corrupting.  


Which argument has been used by Republicans for decades to justify letting people go hungry and become homeless.

 

I am glad people are getting a check, because so many are out of work or otherwise financially hurt by the coronavirus outbreak. The payments will help mitigate the impact.

 

That appears to me to be an intrinsic good. I am saddened and appalled that so many people, such as Boilerman and other ideology-shackled conservatives, view it as intrinsically bad.

 

I presume that if a conservative found someone bleeding on the street, and happened to have some bandages, he would require that the victim pay the full retail cost of the bandages, plus a market-value fee for his services, before he administered first aid.

Originally posted by: Don

Well, DUH !

 

The Government is giving away money, . . . and there's fraudsters taking advantage.

 

SAY IT ISN'T SO ! ! !

 

For the record poor old DonDiego opposes Government redistribution-of-income altogether; he always has.

 

n.b.  And before someone asks: NO.

Poor old DonDiego is not gonna turn down his check; he wishes no one were getting a check, including himself.  Free money can be corrupting.  


Yes, I believe Don lives in one of those Red States that gets billions more than they pay in federal taxes, because of the generosity of so many Blue States. Billions.

 

Yes, I take that a little more seriously than some mother undeservedly scoring an extra bottle of Similac for her baby.

MisterPicture opines: "Yes, I believe Don lives in one of those Red States that gets billions more than they pay in federal taxes, because of the generosity of so many Blue States. Billions."

 

DonDiego is uncertain as to what is a red state vs a blue state, other than a reference to Democrat or Republican political dominance.

If this is what MisterPicture means, . . . then, yes.  Poor old DonDiego lives in a predominantly Republican state.

If it means something else, DonDiego doesn't know his State's color-status.

 

Edited to add:

In any case, an American citizen is free to choose whatever State he wishes to reside in.  All else equal, poor old DonDiego would prefer a lower-tax State. 

Edited on May 2, 2020 5:09pm
Originally posted by: Don

MisterPicture opines: "Yes, I believe Don lives in one of those Red States that gets billions more than they pay in federal taxes, because of the generosity of so many Blue States. Billions."

 

DonDiego is uncertain as to what is a red state vs a blue state, other than a reference to Democrat or Republican political dominance.

If this is what MisterPicture means, . . . then, yes.  Poor old DonDiego lives in a predominantly Republican state.

If it means something else, DonDiego doesn't know his State's color-status.

 

Edited to add:

In any case, an American citizen is free to choose whatever State he wishes to reside in.  All else equal, poor old DonDiego would prefer a lower-tax State. 


Of course. Most people don't like to pay taxes. They are not reluctant, however, to use public services and benefit from public programs that are paid for by those taxes.

 

I've lived in high-tax and low-tax states. It was indeed cheaper to live in the latter; however, the quality of life was better in the former.

 

The quality of life in low-tax states would be much worse if they weren't federally subsidized--like Moscow Mitch's Kentucky. And such subsidies wouldn't be available if not for the contributions of high-tax states, which pay their own bills and then some.

 

So from a purely selfish standpoint, it might indeed be the best strategy to live in a low-tax state and slurp up federal benefits that are paid for by high-tax states.

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