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Why MUST those who got Taxpayer money be secret until after the Election?


horn4life

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What a fucking simple question?  Bush and Obama both revealed who took taxpayer dollars but for some reason , this information MUST remain secret until after the election for the Trump administration.

Give me your arguments why ONLY the Trump administration feels the need to hide where the Massive first Trillion Dollars went?  These are taxpayer dollars.  Why the need for secrecy on this $1,000,000,000?

The reason I post this is I only know  people that certainly make $1,000,000 a year.  Both got huge dollars even though their businesses were not distressed.  They simply took the "free money" because... it was free money. THANK YOU THE GREATEST PRESIDENT EVER... is how they view Trump politically.   

WHY THE SECRECY?  BECAUSE THE WAY IT WAS DISTRIBUTED WAS CORRUPT!!!!

Sadly the roughly $3.5 million that could have gone to small desperate businesses that $20K might have saved, instead a bunch of "lucky sperm" trust fund millionaires simply lined their pockets with "free" money.

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The loophole comes via $454 billion created as part of that big-business package. This “emergency fund” will be dumped into a “special-purpose vehicle” used to backstop further lending by the Federal Reserve.

That $454 billion is designed to grow by a factor of 10 or more. “We can lever up to $4 trillion,” said Steve Mnuchin, playing the “free-spending Goldman Sachs-trained Treasury secretary” role that apparently is a prerequisite for financial-disaster narratives in modern America.

Democrats early on expressed concern about old-school Tammany Hall-style graft, i.e., that the fund would be used to invest in businesses with connections. “We’re not here to create a slush fund for Donald Trump and his family,” is how Elizabeth Warren put it.

However, once Democrats won superficial oversight concessions (including the creation of a Congressional Oversight Commission), Warren and everyone else in the caucus approved the “slush fund” concept, despite the far more radical issues it poses than individual graft.

The CARES Act “slush fund” imagines a future in which markets for all financial products are stressed, perhaps permanently, by lockdowns. In place of a heartless free market of panicked investors who might want to cut their losses and sell, the plan is to simulate real buying and selling of financial products like mortgages and bonds with directed deployments of the Fed’s endless trillions.

And they will be endless. As Fed chief Jerome Powell put it, the Fed is “not going to run out of ammunition” in the war against the economic crisis. Marcus Stanley of Americans for Financial Reform said, “The Fed’s perspective on this is, they want to create normalcy.” But what does “normal” mean in an economy that may be changed forever?

 

https://www.rollingstone.com/politics/politics-features/taibbi-covid-19-bailout-wall-street-997342/

Trump Repubs and Never-Trumper "Democrats/suburban Repubs" are working together on this one. A pox on both their scams. 

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https://thehill.com/regulation/court-battles/490737-stimulus-opens-new-front-in-trumps-oversight-fight

"Trump last week signed the $2 trillion coronavirus relief bill but said he would ignore provisions directing the bailout's overseers to consult with Congress, saying they posed "constitutional concerns" to the president's ability to direct and control the executive branch.

The oversight provisions were included at the behest of Democratic negotiators and helped win the party's support for the bill despite concerns about what they called a massive corporate "slush fund." The provisions require a special inspector general for the program to make regular reports to Congress to ensure legislative oversight. "

 

https://www.washingtonpost.com/national-security/trump-removes-inspector-general-who-was-to-oversee-2-trillion-stimulus-spending/2020/04/07/2f0c6cb8-78ea-11ea-9bee-c5bf9d2e3288_story.html

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1 hour ago, Al Bundy's Napoleon Hand said:

https://thehill.com/regulation/court-battles/490737-stimulus-opens-new-front-in-trumps-oversight-fight

"Trump last week signed the $2 trillion coronavirus relief bill but said he would ignore provisions directing the bailout's overseers to consult with Congress, saying they posed "constitutional concerns" to the president's ability to direct and control the executive branch.

The oversight provisions were included at the behest of Democratic negotiators and helped win the party's support for the bill despite concerns about what they called a massive corporate "slush fund." The provisions require a special inspector general for the program to make regular reports to Congress to ensure legislative oversight. "

 

https://www.washingtonpost.com/national-security/trump-removes-inspector-general-who-was-to-oversee-2-trillion-stimulus-spending/2020/04/07/2f0c6cb8-78ea-11ea-9bee-c5bf9d2e3288_story.html

We all knew the second those provisions were included he would just say 'Fuck it I'll do what I want...lol." Again anyone who voted for him or his cult members in Washington is responsible for that happening, but they don't care. To hell with all of that cult.

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