Tag Archives: Stimulus

$800 Billion Stimulus Program Failed Terribly and Mostly Benefited the Wealthy, MIT Economist Finds

By Brad Polumbo

The federal government has spent an astounding $42,000 per federal taxpayer on so-called “stimulus” efforts since the pandemic began. Where did all that money go? Well, as it turns out, one of the biggest stimulus programs, the Paycheck Protection Program, failed miserably.

At least, that’s the finding of a new study from MIT economist David Autor and nine coauthors. They examined the $800 billion Paycheck Protection Program, which gave “loans,” most of which won’t have to be paid back, to businesses. It was created by Republicans and Democrats in Congress alike in hopes of helping businesses preserve their employees’ jobs for the duration of the COVID-19 crisis.

The study tracks the money to see where it ended up and what it achieved. The results… aren’t pretty.

The analysis shows that even though 93 percent of small businesses received loans from the program, only between 2-3 million jobs were preserved. The program spent an astounding $170,000-$257,000 for each job it helped preserve! That’s, erm, a lot more than most of those jobs even pay.

Moreover, the study finds that only 23 to 34 percent of the program’s dollars went to workers who would’ve otherwise lost their jobs—meaning the vast majority went to “business owners and shareholders.” (Oh, and a whole bunch was lost to fraud, too).

The authors conclude that the program’s benefits were “highly regressive,” meaning it benefited the wealthy more, with about 75 percent of the benefits flowing to the top 20 percent of earners.

Does all this sound like an effective use of $800 billion in taxpayer money?

Some might be tempted to focus on the positives, and note that the program did help some people. But we cannot evaluate government policies without considering the opportunity cost, the trade-offs. What could private individuals have done with that $800 billion? After all, every dollar the government spends must, directly or indirectly, come from taxpayers.

Between donating to private charity and investing in private businesses and jobs, it’s hard to imagine a scenario where that money doesn’t create more jobs and wealth if left in private hands. But then politicians wouldn’t have a shiny “stimulus” program to point to as an “accomplishment” on the campaign trail.

It’s sad, but not very surprising, that political expediency trumped economic efficiency in such a major federal spending program.

Source: FEE.org

Brad Polumbo (@Brad_Polumbo) is a libertarian-conservative journalist and Policy Correspondent at the Foundation for Economic Education.

Newsletter #7: Nashville Explosion, Trump Omnibus Bill, Hope Conquers All

December 28th, 2020

(Ryan Delarme) Christmas has come and gone, and with it, we saw Rudy Giuliani claiming that things would “really blow up” after the holidays, which became literal truth after an explosion shook downtown Nashville on Christmas day. We’ve also seen some provocative statements from attorney Lin Wood as well as Dan Scavino posting a series of potentially telling photos. These are just a few items on the menu for this week’s Newsletter, and of course, we’ll be dishing up some serious hope for dessert.

Related COVERED UP BY MSM: “I Was in an FBI Sting Operation to Get Hillary Clinton, Durham and Barr Knew”

For those who aren’t already aware, an explosion rocked downtown Nashville on Christmas morning in what authorities are calling a “deliberate act”. Fortunately, The police were able to usher people to safety before the explosion, leaving only 3 wounded, no deaths reported as of yet. The strange thing here is that a warning message was broadcast urging people to evacuate moments before the blast. 

The story goes as follows: officers with the Metro Nashville Police Department carried out door-to-door and apartment-to-apartment checks and managed to get people to safety shortly before the explosion, this is all according to statements made at a press conference. There was apparently a loudspeaker warning people to clear the area before the massive blast, meaning they either knew in advance or discovered the danger in the nick of time.

The FBI will be taking the lead in the investigation, according to spokesman Joel Siskovic. Federal investigators from the Bureau of Alcohol, Tobacco, Firearms, and Explosives were also on the scene.

The FBI’s involvement has some suspecting a hidden agenda might be at work, as you can never tell if their MO is to solve the crime or to cover it up.

The following article details the FBI’s involvement in manufactured terrorism.

In “The Terror Factory: Inside the FBI’s Manufactured War on Terrorism” (Ig Publishing, January 15, 2013), Schuster Institute Senior Fellow Trevor Aaronson analyzed more than 500 federal terrorism prosecutions over ten years and found reason to question whether U.S. law enforcement is actually creating the very enemy we fear.

Aaronson found that the Federal Bureau of Investigation has, “under the guise of engaging in counterterrorism since 9/11, built a network of more than 15,000 informants to infiltrate Muslim communities and ferret out would-be terrorists. The Bureau then provides the means necessary for these would-be terrorists to move forward with a terrorist plot—in some cases even planting specific ideas for attacks.”

Few Americans, Aaronson says, realize that “since 9/11 just one organization—the FBI—has been responsible for hatching and financing more terrorist plots in the United States than any other. Not  Al Qaeda, the terrorist network founded by Osama bin Laden and responsible for the 2001 attacks on New York’s World Trade Center and the Pentagon in Washington, D.C. Not Lashkar-e-Taiba, Jaish-e-Mohammed, Al-Shabaab, Hamas, Palestinian Islamic Jihad. Not any of the other more than 40 U.S.-designated foreign terrorist organizations.”

President Donald Trump has been briefed on the explosion, according to White House deputy spokesperson Judd Deere. “The President is grateful for the incredible first responders and praying for those who were injured,” Deere said. Acting Attorney General Jeff Rosen was also briefed on the incident, according to Justice Department spokesperson Marc Raimondi.

Despite the president’s brief, and the considerable amount of uncertainty surrounding the situation, it didn’t take long for the far left twitter army (bots included) to start blaming it all on Trump and the Maga crowd in typical fashion. They seemed to be the most upset about his tardiness in making a statement.

Related The Far-Left Blames Trump Supporters For Nashville Bombing After Person Of Interest Is Named

We know nothing trends on Twitter for no reason, at present there is no better way to control the majority of the public thought than Twitter’s “Trending” section, and the bots, pundits, personalities that get pushed to the top. It seems like the MO is to blame Trump Supporters and Q annoners.

Book The COINTELPRO Papers: Documents from the FBI’s Secret Wars Against Dissent in the United States

Metro Nashville Police said that they found possible human remains at the explosion site and that the motive behind the incident is still unclear.

On Saturday, the FBI and ATF police raided a house located in a Nashville suburb that was supposedly linked to the RV bombing. Various videos show that several federal and local agencies, including the Metro Nashville Police Department, joined in on the raid. FBI Public Affairs Officer Darrell DeBusk told reporters on the scene that information developed during the course of the investigation had led the authorities to the home. DeBusk said no one is in custody for now.

Public records show the house was previously owned by Anthony Q. Warner, an unmarried male. He recently sold the house on Nov. 25. A Google Maps image taken back in May 2019 shows a Chateau motorhome parked on the lot of the house of interest, which is similar to the one in the photo released by the Metro Nashville Police Department that reportedly exploded in Nashville downtown.

We cannot confirm if the RV in the lot is the same as the one that exploded. It is also unclear where Warner was living before the explosion.

Mike Adams of Natural News, provides a compelling case that the RV claimed as the one used by the suicide bomber is not the same RV owned by the alleged perp.

The RV used in the bombing doesn’t match the RV found in the driveway of the supposed perpetrator.

The difference isn’t even subtle. It’s obvious.

With a hat tip to WhatDoesItMean.com, which pointed out this stunning observation, we can see that the RV depicted in the photo released by law enforcement has a single horizontal pin stripe near the roof, along the entire driver’s side of the vehicle: (see the pin stripe along the edge of the roof)

While the RV parked at the residence of Anthony Quinn Warner — whom the FBI is publicly calling a suicide bomber — has two pin stripes along the driver’s side:

In other words, anyone who can count to two can also see that this isn’t the same RV. The red outline square in the two images above also shows a key difference in the appearance of another feature — possibly a vent — that looks completely different in the two photos.

In other words, it’s not the same RV.

A list of alleged “facts” about the suspect is floating around. Many are publishing as fact but it hasn’t been easy to confirm all of these things as of yet. here’s the list:

  1. He was born on January 17, 1957 to Charles Bernard “Popeye” Warner and Betty C. Warner. Charles worked for BellSouth, a telecommunications company that merged into AT&T in 2006, and died on July 5, 2011.
  2. He is 5’5″ tall.
  3. He is unmarried. James Warner, Lawrence Warner and Billy Warner are his uncles while Shawn Godwin is his nephew.
  4. He is not a registered voter.
  5. In August 2018, he acquired a $160,000 house on 3724 Bakertown Road in Antioch, Tennessee. In January 2019, he gave the house via quit claim to Michelle Louise Swing. On November 25, 2020, he gave her another house, a two-story red brick house worth $249,000, on 115 Bakertown Road via a quitclaim for $0.
  6. He has one brother named Steve L. Warner, born on December 27, 1955, and one sister named Teresa Ann Warner Wardrop, who is also known as Teresa Godwin and married to James “Jimmie” Crawford Wardrop. Steve died of cancer on September 17, 2018. The house on 3724 Bakertown Road was originally owned by their grandfather Charles Steven Warner, who gave it to their parents. Steve acquired the property from their parents before passing it to him
  7. On January 29, 1978, he was arrested for felony possession of controlled substance in Nashville, Davidson County, Tennessee. He was found guilty on November 8, 1979. Represented by Pat Flynn, he appeared before Judge Raymond Leathers on January 25, 1980.
  8. On November 29, 1993, an explosive handling permit was issued to him in Tennessee and it was scheduled to expire on November 30, 1998.
  9. He did information technology work for Nashville real estate agent Steve Fridrich for several years. In an interview with WSMV, Fridrich described him as a “nice guy.” The realtor said, “You know, he was a techie guy. (I) don’t mean anything negative about that. He would do this thing and leave. He didn’t bother anybody. He did his thing and leave.”
  10. He has been living in the house on 115 Bakertown Road since 1995. Among his neighbors was Stephen Stone, who was born in 1959.
  11. Images of his on 115 Bakertown Road captured on Google Maps in May 2019 show a white recreational vehicle parked in the yard, which is surrounded by a wooden fence.
  12. At around 6:45 a.m. on December 25, 2020, an RV exploded outside the AT&T transmission building on Second Avenue North in Nashville. It was similar to the RV seen parked outside his house on 115 Bakertown Road. Marco Rodriguez, who lived in the same building as him, told New Channel 5 Nashville that he recognized the vehicle saying, “It was parked over there all the time. It’s weird because it could’ve been us if he wanted to like blow us up or the bomb could’ve malfunctioned.”
  13. The white RV previously parked in his yard on 115 Bakertown Road is no longer there. At around 11:00 a.m. on December 26, 2020, the Federal Bureau of Investigation (FBI) and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) agents went to his house on 115 Bakertown Road to investigate whether or not he was the man behind the RV explosion on December 25, 2020 in Nashville. At around 2:30 p.m., the agents cleared the house and confirmed that no one was inside. The investigators are swabbing his his mother to determine a match to the possible remains found in the RV in question.

We will update as more information comes out. Check here for the latest updates on this story.

Here is a list of articles that discuss what might be happening with the Nashville explosion.

Some claim the explosion at the AT&T building was an effort to coverup election fraud from the 2020 election. Another writer claims the explosion was a missile strike. We don’t know for sure what happened. We do know that providing a space for the discussion is the best way to find the truth, where each theory and viewpoint is given a fair day in court and evaluated on its merits.

WATCH: Heroic Nashville Cop Says Voice Of God Saved His Life From Massive Bomb

THEORY: Nashville Explosion Was Actually a Missile Strike

It’s Not the Same RV! Official Narrative of Nashville “Suicide Bomber” Melts Away as Rv Supposedly Used in the Bombing Found to Have Different Stripe Accents

Situation Update, Dec. 27th – Nashville a Data Wipeout Operation… New Details

Hope Nugget #1: “Starting After Christmas This Is Really Going to Blow Up”

On the election fraud front, we saw Rudy Giuliani make some seemingly big statements on his podcast “Rudy Giuliani’s Common Sense”. In regards to the election rigging, he said that “Starting after Christmas this is really going to blow up”.

We will have to see.

DOMINION Threats and Denials

By now, the folks who care to pay attention to these things are aware that Dominion is connected to Smartmatic and Sequoia machines, yet for many, a simple denial is all it takes to confirm what most Biden voters desperately want to believe. For now, the fairy tale continues.

 A recent thread on Twitter shows all the relationships with Dominion and Smartmatic/Sequoia:

In 2010 Dominion executive Eric Coomer attended a meeting with the California Secretary of State. He was there working for Sequoia:

Executive Eric Coomer created the adjudication process in Dominion machines which could move votes from one candidate to another:

Yes, of course, the Mainstream News “loves to say there is no connection between Smartmatic/Sequoia & Dominion voting machines”, they need the people to believe this. The future of many individuals in the Media, big tech as well as many fortune 500 board members, is contingent on a Biden Victory. Make no mistake, a Biden victory isn’t a victory for the people, it is a victory for the international crime syndicates that have permeated our political infrastructure, intelligence agencies, our Media, and our healthcare system at the behest of the uber-rich who sit in the shadows of foreign policy think tanks like the Council on Foreign Relations and the Trilateral Commission. They have every reason to deny, deny, deny.

And have also taken to bullying and even threatening individuals.

Related “I Am Not Impressed. Ms. Powell Retracts Nothing” – Lin Wood Responds to Dominion Voting Machines Threats to Sidney Powell

Related Vote Machine Company Threatens Legal Action Against Conservative Media

Related “You Were Hired to Clean Glass and Other Menial Tasks” – DISGUSTING! Dominion Voting Systems Sends Nasty Letter to Witness Mellissa Carone

Hope Nugget #2: Sidney Powell Releases 270 Page Document on Massive 2020 Election Fraud

Attorney Sidney Powell released an explosive document on foreign interference to Zenger News this week. The document includes 270 pages of affidavits, evidence and testimony from numerous witnesses and sources. The 270-page document details election fraud, names, and more.

You can read the document HERE

The document includes military and alphabet testimony, and details everything from interference to origins of voting machine fraud, to cybersecurity intrusions into U.S. elections systems and more. Zenger wrote,

“Powell contends that documents in the binder prove direct foreign interference and fraud tainted the Nov. 3 presidential election, and that President Donald Trump was re-elected. The entire binder is reproduced here for exclusively.”

Stimulus Bill Signed, Why Trump did it

President Trump has officially signed the widely criticized stimulus package. Yes… THAT one.

The one that only had $600 in stimulus checks for Americans while giving billions to foreign countries including the beautiful albeit deep-state infested nation of Iran. Trump has issued a clarifying statement on why he signed the bill. Let’s not forget, President Trump is the author of Art of the Deal, and congress is a den of panicking criminals who are used to being handed everything.

I believe that he knows what he’s doing.

Now… it’s up to Congress to follow-through on their “promise” to Trump.

Here’s the Statement from the President that was published on the White House website:

“As President of the United States it is my responsibility to protect the people of our country from the economic devastation and hardship that was caused by the China Virus.

I understand that many small businesses have been forced to close as a result of harsh actions by Democrat-run states. Many people are back to work, but my job is not done until everyone is back to work.

Fortunately, as a result of my work with Congress in passing the CARES Act earlier this year, we avoided another Great Depression. Under my leadership, Project Warp Speed has been a tremendous success, my Administration and I developed a vaccine many years ahead of wildest expectations, and we are distributing these vaccines, and others soon coming, to millions of people.

As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child.

As President I am demanding many rescissions under the Impoundment Control Act of 1974. The Act provides that, “whenever the President determines that all or part of any budget authority will not be required to carry out the full objectives or scope of programs for which it is provided, or that such budget authority should be rescinded for fiscal policy or other reasons (including termination of authorized projects or activities for which budget authority has been provided), the President shall transmit to both Houses of Congress a special message” describing the amount to be reserved, the relevant accounts, the reasons for the rescission, and the economic effects of the rescission. 2 U.S.C. § 683.

I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.

I am signing this bill to restore unemployment benefits, stop evictions, provide rental assistance, add money for PPP, return our airline workers back to work, add substantially more money for vaccine distribution, and much more.

On Monday the House will vote to increase payments to individuals from $600 to $2,000. Therefore, a family of four would receive $5,200. Additionally, Congress has promised that Section 230, which so unfairly benefits Big Tech at the expense of the American people, will be reviewed and either be terminated or substantially reformed.

Likewise, the House and Senate have agreed to focus strongly on the very substantial voter fraud which took place in the November 3 Presidential election.

The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud.

Big Tech must not get protections of Section 230!

Voter Fraud must be fixed!

Much more money is coming. I will never give up my fight for the American people!”

What does this mean? According to the 1974 Budget Control Act, Congress has 45 days to respond to President Trump’s demands. Unfortunately, if no legislation is passed, then the bill stays as is.

The 1974 Act states:

“Enhancing the President’s authority to rescind funds by requiring the Congress to vote on his proposed rescissions. Currently, the Congress can ignore the President’s request, which allows the funds to be spent.”

Notice how President Trump is demanding that Congress investigate voter fraud? He is still giving them a chance to come clean… and join the right side of history!

To Become a Human Hope Nugget

To some, this may seem like a hopeless, bleak, and uncertain time period, while others keep blazing forward undaunted by the times and the powers that be (for now), almost as if they have infused themselves with the powerful combo of hope and courage. We do have the free will choice of how we view our world in the moment, to resign yourself to being a side-line commentator is to accept and create that fate. Everyone falls into the trap from time to time, especially with a deep-state of master psychological manipulators, but it seems like every day more and more people are standing up to this monolithic and ruthless “invisible enemy”.

“When we face the trials of life with faith that we can make the best of it, and doing this will likely provide us knowledge, wisdom, and fortitude to make the world a better place—we bring hope to any situation. This is what the concept of faith in God means in a practical sense. Psychology Papers acknowledges that spirituality helps people deal with hardship (albeit the same psychological biases seem to tirelessly invalidate this fact due to implicit atheism in the institution of psychology). The truth is, I would argue, mainstream science and philosophic thought has never invalided the existence of a transcendent deity (God)—despite the fact that the concept of God, as portrayed by many religions, is often woefully inadequate, the idea of God is platonically real. Thus, the quest to seek, know, and strive to be like God, via the quest for truth, invariably makes one hopeful and actually improves and refines the concept of God. Why? Because God is infinite and unified, meaning that the truth of God is that of transcendent perfection, and therefore when we seek to know God we reach for ideal truth that makes our lives better and expands our concept of God itself.”

 – Justin Deschamps

A Gym owner in New York recently stood up to the encroaching freedom snatchers, and he won the day.

WIVB News reported:

“Orchard Park gym Athletes Unleashed is now allowed to reopen at full capacity after a ruling from the State Supreme Court.

According to attorney Paul Cambria, Judge Paul Wojtaszek struck down the 25% capacity rule specifically for the gym.

Gym owner Robby Dinero has been fighting with the state since November when the county slapped him with a $15,000 fine for defying government COVID orders to shut down his business and getting into a confrontation with sheriff’s deputies and an inspector for the health department trying to close him down.

Video of that incident went viral and Dinero went on Fox News and announced the fine ripping it up on air.”

Video Shows Robby Tear Up $15,000 fine.

Finding courage under extreme duress is what times like these are all about, for some you really have to have your back against the wall to finally take that step forward into your own power.


If you feel this newsletter was helpful in understanding the current situation then please share far and wide as the big tech platforms and the mainstream media echo-chamber has no desire to report anything beyond what benefits them and the financial elite.

The Hope we crave is all around us if we only dare to embrace the truth with a whole heart and discerning mind. 

Read more Where’s The Hope Newsletters

 – Ryan and Justin

President Trump Mulls Using Unspent Coronavirus Relief Money to Fund More Stimulus Checks

Matt Palumbo
September 7, 2020

The coronavirus pandemic unleashed an unprecedented increase in government spending around the globe, with the U.S. spending nearly $6 trillion.

Two trillion of the spending was in the form of the CARES Act, which included $1,200 stimulus checks, expanded unemployment benefits, and the PPP program. Another $3.5 trillion has been spent providing aid to state and local governments, and hospitals.

As Congressional Republicans and Democrats are at a stalemate over additional stimulus, President Trump is mulling using leftover funds from the first stimulus to fund another round of $1,200 checks.

According to Fox Business:

“We have $300 billion in an account that we didn’t use. I would be willing to release it, subject to Congress, and use that as stimulus money and it would go right to the American people,” Trump said during a White House press briefing.

Although Trump said he considered redirecting the funds unilaterally, he was told he needed Congress’ approval.

Trump did not specify what the funding source is, but may have been referring to unused business loan money approved by lawmakers at the end of March in the $2.2 trillion CARES Act. Under the stimulus package, Congress appropriated $500 billion to the Treasury, with $454 billion intended to cover losses on Federal Reserve lending programs. So far, $259 billion of that funding remains uncommitted.

“It’s money that we have — money that we built up and money that we haven’t spent, and I would love to give it to the American people as a very powerful stimulus,” Trump said.

He continued: “I think there is a theory that I could do it without having to go back, but I think it would be appropriate to go back, and I would ask Congress to approve it. It’s a very simple approval. It’s — literally, it’s a one-sentence approval, and the Democrats should do that. The Republicans will do that. They would be glad to do that.”

So whether these funds do end up being disbursed in the form of stimulus checks depends on how desperately Congressional Democrats want to play politics with that money.

Democrats are currently seeking $2 trillion in additional stimulus, while Republicans want the amount to be closer to $1 trillion. It should be interesting to see what excuses they come up with against deploying the $300 billion in funds currently sitting by idly.