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Largest Fraud in U.S. History

May 4, 2022 By Debbie Young

President Joe Biden, joined by Johnson & Johnson CEO Alex Gorsky and Merck CEO Ken Frazier, delivers remarks on COVID-19 vaccine production Wednesday, March 10, 2021, in the South Court Auditorium in the Eisenhower Executive Office Building at the White House. (Official White House Photo by Adam Schultz)

Where is $33 billion for Ukraine going? In its latest request for another $33 billion in funding for Ukraine, the White House released its request for funding for military and humanitarian assistance. Regardless of how you feel about what the U.S. should or should not be doing in Ukraine, BRIGHT editors suggest readers dig a little deeper into the Biden administration’s request to get a sense of what other priorities pop up.

For example, if Congress were to pass the White House request verbatim:

  • it would approve a pathway to citizenship for Afghan refugees (and their spouses and kids).
  • it would authorize $8.8 billion for spending in Ukraine “and other countries” to combat, among other things, the spread of disinformation (defined, of course, by whatever the State Department decides).
  • The International Monetary Fund would be given $21 billion for its “Resilience and Sustainability Trust” program, to help countries around the world address “longer term” financial challenges like pandemic preparedness and climate change.

President Joe Biden is also demanding that Congress add $22.5 billion in further COVID funding to this $33 billion package (the one we are told is for Ukraine). This, after reports continue to roll in about the insanely high levels of fraud perpetrated on existing COVID relief funds, with prosecutors calling the outright theft of hundreds of billions of U.S. taxpayer dollars “the largest fraud in U.S. history.”

Passing a spending package like this takes full Democratic majorities in both chambers – and 10 Republican votes in the Senate. Corporate media may ignore this story, but you’ll most likely remember DC’s priorities next time you top your tank with $5/gallon gas.

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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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