Last week thousands of Americans have been reporting that they received their stimulus check, while many people have been having issues with the system. Moreover, the Coronavirus Aid, Relief & Economic Security (CARES) Act has not been able to cover everyone and the Small Business Administration’s (SBA) coronavirus relief program was recently drained in minutes. American bureaucrats made the section flexible enough to allow much larger businesses and wealthy individuals to reap the SBA’s designated funds for covid-19 relief.
The CARES Act: ‘A Massive Wealth Transfer from the Middle Class to the Moneyed Class’
As soon as the CARES Act passed through the Senate, Kentucky Representative Thomas Massie told the public the bills passing was a blatant “cover up.” People who actually read the newly enacted law can quickly find that the relief act is loaded with pork funds, corporate bailouts and Special Purpose Vehicles (SPVs) for Federal Reserve’s risky schemes. As more time passes, people have found significant amounts of manipulation within the stimulus plan and Massie has once again called out the collusion between politicians and corporatists. Massie recently stated:
The tragedy of this bill is it’s a massive wealth transfer from the middle class to the moneyed class.
Americans witnessed the stimulus being distributed unfairly last week when the Small Business Administration’s (SBA) coronavirus relief program was
