Politics

Stimulus Loot for the Rich and Powerful

Guest Article Written by Jacob Hornberger, Libertarian Candidate for President of the United States

After decades of using the federal government to plunder and loot the rich in order to provide welfare doles to the poor and middle class, a few Democrats are crying about the fact that the $2 trillion “stimulus” package is mostly going to big corporations and influential big businessmen. That includes a massive $500 billion slush fund for making loans to select businesses that will be managed by President Trump’s Treasury Secretary. Don’t worry–there won’t be any corruption there.

Isn’t that ironic? Welcome, leftists, to the real of world of socialism — the world where the federal government, in the words of Frederic Bastiat, is a fiction by which everyone tries to live at the expense of everyone else. And guess who gets the lion’s share of the loot in this crooked and corrupt world! Yep, those fat-cat entitles that spend millions of dollars on those well-heeled lobbyists and lawyers, who in turn spend their lives licking the shoes of the president and the members of Congress on behalf of their corporate and big-business clients.

Needless to say, not one single Republican or Democrat is asking where Trump and his bigs-spending cohorts are getting all this money. I thought Big Spender Trump was already spending $1 trillion a year more than what the federal government is bringing in with taxes. Have he and his fellow big spenders been hiding these additional trillions of dollars all along for a rainy day?

We libertarians know how they are pulling off this fiscal magic act. We’ve seen it before. They are simply having the Federal Reserve initiate a massive inflationary printing of new paper money to pay for their massive welfare program. And we libertarians now how that story ends: with the massive  devaluation and further destruction of people’s money down the road. That’s precisely what the Fed has done for 90 years — destroy our money through massive monetary debasement.

The insecurity of life

Life is unpredictable and insecure. While everything can be calm and peaceful today, suddenly tomorrow everything can be turned upside down. 

This is especially true in the business world. Sometimes things go extremely well for businesses. Other times, things go extremely badly. 

If things go badly for a company, then that’s just the way it is. Sometimes things go so bad that a company goes broke or bankrupt. No one is guaranteed success in life. 

Except in world of corporate socialism, the world of political plunder, looting, and stealing in the name of “stimulating” the economy. 

What a crooked and corrupt racket!

When the coronavirus struck, it soon became clear that there was going to be a huge downtown in the economy. Big corporations were going to lose a lot of money. Big investors were going to do the same in the stock market.

That’s when their lobbyists swung into action, greasing the wheels to ensure that the government, operating through the IRS and the Federal Reserve, stole trillions of dollars from American taxpayers and transferred most of the loot to their clients.

Oh sure, the regular people are going to get those little $1,200 welfare checks, but that’s just to keep them sedated and grateful for having such a wonderful, caring political daddy. 

A few years from now, when these same people are being taxed, say, $10,000, either directly or through massive devaluation of their money, to pay for the massive additional debt that is now being piled onto the current $24 trillion in national debt, they will have forgotten that they received only $1,200 from their federal masters.

The big con

It’s all just one great big con, the same con that took place after the 2008 Federal Reserve-induced bubble burst, when they began bailing out big, well-heeled financial firms.

And look at who is responsible for this “stimulus” racket: Big Spender Donald Trump and his Republican and Democrat cohorts. I’ve said it before but it bears repeating: When it comes to liberty, privacy, and sound money, you can never count on Republicans or conservatives. At the first sign of trouble, Big Spender Trump caves and joins up with his Big Spending Republican and Democrat buddies to go on a spending and debt spree the likes of which would made a President Hillary Clinton happy and proud.

If you like the direction that our country is heading in — the direction toward perpetual war, destructive trade wars, state-sponsored assassinations, provoking war with Third World countries, sanctions and embargoes killing innocent people, mandatory charity, debased currency, massive violence, increasing suicidea, a vicious, deadly, and racially bigoted drug war, a deadly war on immigrants, an ever-growing national-security establishment, and out-of-control federal spending, debt, and inflationary debasement of the currency — you can vote for either Trump or Joe Biden. It won’t make any difference. They are flip sides of the same coin. Not a bit of difference in overall philosophy. They are just fighting over who gets the power and the money.

But if you want a different direction — one that leads our nation toward liberty, peace, prosperity, harmony, health, and morality, join up with us libertarians. Join up with me and help me win the Libertarian Party’s presidential nomination this coming May.

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