Covid Aid Fraud Underestimated, CLOSER TO $4 TRILLION

Last week, the Government Accountability Office reported billions in Covid fraud. And still Biden and his monster party tax and spend, tax and spend. They are killing the American people – and they love it.

Trillions in Covid fraud. For some perspective: one trillion has 12 zeros. There are 1,000 billions in a trillion or 1,000,000 million in a trillion. 

Has the Federal government done anything about it? No. Will the Federal government do anything about it? No, just cover their asses.

The Federal government is out of control.  Their charge, their reason for being, is to protect and defend not rape and pillage

House bill rescinding $71B for 87k IRS agents stalled in Senate after nearly 4 weeks without vote

I will get the backs of America's taxpayers.

That is why on February 1, @GOPoversight will hold our first hearing titled “Federal Pandemic Spending: A Prescription for Waste, Fraud, and Abuse,” to focus on the rampant waste of taxpayer $$$ in COVID relief programs. @BloombergTV pic.twitter.com/WZWhsrhyrK

— Rep. James Comer (@RepJamesComer) January 28, 2023

COVID aid fraud watchdogs on Hill: End ‘self-certification’ for funds, tap data to curb aid to dead

Billions in COVID Fraud Under Massive Investigation

$60 Billion In COVID Fraud? Try $4 Trillion

By: Issues & Insights Editorial Board

By: I & I Editorial Board, Issues and Insight,  January 30, 2023

As auditors and congressional investigators try to figure out just how much federal COVID relief went to fraudsters, they are missing the trillions of dollars in fraud committed by the federal government itself in a war that we had no chance of winning.

Last week, the Government Accountability Office reported that fraudsters took in about $60 billion in unemployment checks. That’s on top of the tens of billions in fraudulent claims made through the Paycheck Protection Program, the tens of billions handed out through a Small Business Administration program, and on and on.

This Wednesday, the House Committee on Oversight and Accountability will hold a hearing “to investigate rampant waste of taxpayer dollars in COVID relief programs.”

Rep. James Comer, R-Ky., the chairman of the committee, said “we owe it to Americans to identify how hundreds of billions of taxpayer dollars spent under the guise of pandemic relief were lost to waste, fraud, abuse, and mismanagement.”

That’s all well and good. But what we really need is an investigation into how the war against COVID wasted trillions of taxpayer dollars, imposed massive disruptions, handicapped millions of students, and probably didn’t save many, if any, lives.

That sort of investigation, if done honestly, would likely conclude that we would have been better off if we’d done nothing at all beyond asking people to wash their hands and stay home if they’re sick.

Shocking? Impossible to believe? Let’s review the evidence.

Start with the fact that since COVID-19 first landed on U.S. shores three years ago, 1.1 million have died from the virus, according to the Centers for Disease Control. Even now, deaths are averaging around 4,000 per week.

Way back in early March 2020, the CDC met with experts from around the world met to map out COVID-19 scenarios. “Between 160 million and 214 million people in the U.S. could be infected over the course of the epidemic,” reported the Yale School of Medicine. “As many as 200,000 to 1.7 million people could die.” That assumed the country did nothing to mitigate COVID’s spread.

So, the U.S. embarked on an unprecedented effort to slow the disease’s spread and develop vaccines in record time, spending trillions of dollars in the process. For months, the entire nation was locked down. People were ordered to stay at home. Businesses were forced to stay closed. Church services were suspended. Students were locked out of their schools. The elderly weren’t allowed to have outside visitors. In many areas, mask-wearing was mandatory, even outdoors.

The economic result was catastrophic. The nation’s GDP collapsed by 30% in the second quarter of 2020. Unemployment, which had just reached 3.5% – a 50-year low – shot up to 14.7% in April 2020.

The federal government rushed through trillions of dollars in relief legislation. In March 2020 alone, Congress approved three aid packages totaling $2.43 trillion. By the following March, COVID relief spending was close to $4 trillion.

All of this spending was with borrowed money, and paying off this monstrous debt is a burden future generations will have to bear. But the harm caused by these interventions goes beyond the explosion in the national debt.

Shutting down schools had a tragic impact on education. Reading and math scores plunged as schools struggled with remote learning. Reading scores saw their biggest drop in 30 years. Minorities suffered the most. Masking children for years will likely have long-term effects on their social development as well.

Meanwhile, depression, anxiety, and suicide all increased. A CDC study found that one in four people between 18 and 24 contemplated suicide during the shutdown.

Even car crash deaths, which had been trending downward for decades, started climbing again in 2020, and have continued to increase, most likely because reckless driving became more common thanks to prolonged shutdowns and more empty roads.

And what did we get for all this? Look at those fatality numbers again. At the start of COVID, experts said doing nothing would result in 1.7 million deaths. We did plenty, but the death count is steadily approaching that number anyway.

Researchers at Johns Hopkins University did a meta-analysis of studies done on the effectiveness of COVID mitigation efforts. Their stunning conclusion:

“We find no evidence that lockdowns, school closures, border closures, and limiting gatherings have had a noticeable effect on COVID-19 mortality.”

But the researchers found that all these interventions “have contributed to reducing economic activity, raising unemployment, reducing schooling, causing political unrest, contributing to domestic violence and undermining liberal democracy.”

We will concede that the rapid development of COVID tests, three different vaccines, and improved treatment regimens saved lives, although just how many is unknowable.

But what if we’d done nothing beyond that, other than follow standard guidelines when a disease is spreading? Stay home if you’re sick. Wash your hands. Avoid highly congested areas. What if, instead of spreading widespread fear, public health officials focused on the population most at risk: the sick and elderly?

Our guess is that just as many people would have died from COVID. But we wouldn’t be climbing out of the deep economic hole we dug. Our children wouldn’t have lost a year of education. Fewer would have died from suicide, overdoses, and other lockdown ills.

Few of us who’ve lived through the three years of nonstop warnings, mandates, and hysteria would be willing to admit that this war was all for nothing. But if we’re going to avoid repeating these mistakes in the future, we’d better learn from these mistakes now.

The Truth Must be Told

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Snowedin

1 year ago

Doctors and any place that administered the Franken Shot of poison, got money. When Hospitals labeled the death of a person as the china virus they got money, even if the cause of death was not related to the virus. They got extra money for using respirators.

7

Fork It

1 year ago

Reply to  Snowedin

It wasn’t “respirators”, it was the ventilators that caused excessive deaths and hospitals were paid, in addition to standard fees, huge sums when used for SARS-CoV-2 patients. Quite a kicker for something known to cause death for those suffering from an infection from that virus.

Follow the money. The high “peeps” were found, in other nations, to be a death sentence for anyone infected.

But, that’s just how America rolls.

2

Snowedin

1 year ago

Reply to  Fork It

Thanks for the correction. I erred but am unable to update my original post.

-1

Moe Wigsoe

1 year ago

Reply to  Fork It

It was a combination. Remdesivir shuts down your kidneys. Fauci knew this, which is why he mandated its use as an exclusive treatment. My former doctor of 39 years and most others obediently got on the boxcars and counted their money. When your kidneys shut down, your lungs fill with fluid. Hence the ventilators, which did nothing but sluice money into the pockets of the perpetrators of this genocide. My new doctor, WebMD, told me to treat it like the flu. I did, and was better in 5 days, no poison jab, no deadly treatments.

2

D

patd

1 year ago

And nothing will be done!!!!!!

1

Michael McCallion Sr

1 year ago

An elderly Canadian spending winter away from Cold snow not in a Democrat-ruined city._ Migrants going to Liberal P.M. Trudeau’s birth home is in “Nation du Quebec”.- Do not let them move West or East to a much colder Province. _ Liberals same as Democrats. They lie. _MikeSr.

1

Snowedin

1 year ago

Reply to  Michael McCallion Sr

Due to the true meaning of the word Liberal, I do not use that word to describe the progressive commie demos anymore.

0

TRM

1 year ago

That includes during the Trump Administration, of course.

0