By Sigrid Weidenweber
Whenever I hear Washington announce financial relief, stimulus and aid to help us, the governed, I cringe. It is a visceral response, for I have learned that every time this occurs, the result is more debt to be dealt with in the future. Milton Freedman’s famous dictate that government is the only entity that can create inflation, stays foremost in my mind. No other institution can do this, for only the government can print money backed by nothing but promises, thereby inflating the dollar, which becomes less valuable at home and then in the rest of the world.
So, now we have a new stimulus package that has less to do with relief for troubled small businesses, but a lot with a barrel loaded with pork for the elites. The Epoch Times looked through the many pages of the bill and, found something the $2,000,000,000,000 Stimulus bill included.
$300,000,000 for Migrant and Refugee Assistance Page 147
$10,000 per person student loan bailout
$300,000,000 to the Endowment for the Arts
$300,000,000 for the Endowment of the Humanities (No one even knew there was such a thing!)
$300,000,000 to Public Broadcasting /NPR
$30,000,000,000 for the Department of Education stabilization fund
$500,000,000 to Museums and Libraries
$25,000,000 for additional salaries for the House of Representatives
$25,000,000 for Cleaning supplies for the Capitol building
$90,000,000 for the Peace Corps
$300,000,000 for International Disaster Assistance
$9,000,000 Misc. Senate Expenses
On and on the list goes into the trillions. Look up the ridiculous amounts for yourself. What do any of these disbursements have to do with the Corona Virus? I ask you. It is just pork, pork and more disgusting pork for the elites in Washington. And now the same bunch, having pleased their special electorate, are aiming for more. Guess who will have to pay for Washington’s largess? You, I, and all the other workers, entrepreneur-wealth creators and saviors. As if we have not already paid plenty during the last few months when the markets crashed and businesses closed their doors. Market analysts predict it will take years to recover from this money grab. Well, we are told we are all in this together. Are we? Some of us seem be doing very much better than others and are even making huge amounts of money from the illness. It seems that public policy can get high-jacked by the industrial complex and be used to prolong a crisis.
I am not the only one asking why this particular virus should have created such an overblown crisis with such enormous funding. However, I remember the words of President Obama’s attorney general, Eric Holder, who so succinctly stated, “Never let a good crisis go to waste.” By that, he meant that properly used, it can be a power grab par excellence.
One of the cautioning, or may I say critiquing minds, is Florida’s governor Ron DeSantis, who handled the shutdown of Florida’s business very carefully.
Another critical voice is Jim DeMint, a former United States Senator, who states that the threats about the Corona Virus were greatly inflated, so more money could be thrown at the crisis. I could cite other doubters but I am sure you know of them, as you hear your daily media-reports. Of course, there are also voices that exaggerated the harm done by the epidemic. First in mind, is the governor of New York, Andrew Cuomo, who inflated the city’s need of supplies and hospital beds, holding court every day in front of the cameras. He succeeded exceedingly well, New York was flooded with supplies and hospital beds, floating and grounded, many never used.
Editor’s Note: This is an opinion article.
The views and opinions expressed in this commentary are those of the author and do not necessarily reflect the official position of Citizens Journal.
Sigrid Weidenweber grew up in communist East Berlin, escaping it using a French passport. Ms. Weidenweber holds a degree in medical technology as well as psychology and has course work in Anthropology. She is co-founder of Aid for Afghans. Weidenweber has traveled the world and lived with Pakistani Muslims, learning about the culture and religion. She is a published author and lecturer. You can find her books on Amazon.com
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