As the COVID panic set in, Congress scrambled to create a program to save small businesses. The Paycheck Protection Program offered loaned to small American businesses, so they could continue to pay workers during forced lockdowns. But now, it has been revealed that a Chinese-own company cashed in, big time.
It’s no secret that the government’s response to COVID-19 has been a disaster. So-called health experts constantly changed their recommendations, creating confusion and conflict among Americans. State and local leaders (many Democrats) employed a policy of knee-jerk reactions, imposing greater lockdown measures as cases rose.
The federal government, in its turn, spend cash hand over fist. Congress rushed out a plan to provide checks to companies that were not allowed to open their doors. The Paycheck Protection Program was meant to provide small American businesses with funds to stay alive. Of course, the lockdowns did far more damage than predicted, arguably worse than the disease itself. But at least a few businesses were able to survive.
It was discovered that many large businesses (and even universities) took millions from the program. Also, companies owned by politicians (something that was supposed to be forbidden) cashed in big time. Now, we are learning money meant to save American companies was gobbled up by China, the people who started this mess in the first place.
Chinese-owned companies took hundreds of millions of dollars from the $660 billion Paycheck Protection Program that was designed to be a lifeline for small businesses in the United States that were struggling because of the coronavirus pandemic.
“According to a review of publicly available loan data by the strategy consulting firm Horizon Advisory, $192 million to $419 million has gone to more than 125 companies that Chinese entities own or invest in,” The New York Times reported. “Many of the loans were quite sizable; at least 32 Chinese companies received loans worth more than $1 million, with those totaling as much as $180 million.” [Source: Daily Wire]
If this doesn’t get your blood boiling, you must be dead. The same government that sat back and let the virus spread across the world proceeded to cheat the U.S. of hundreds of millions of dollars. Guess what, China is a communist state. Their businesses are controlled by the government. So that $180 million that should have saved mom and pop stores across the country went to the people who let this thing become a pandemic.
Yes, we need to be angry at China. We need to demand reparations from this corrupt, crooked regime for what it’s done. But we also need to demand accountability from the federal government, who bungled this up so terrifically.
Did they set this all up to enrich big companies on purpose? The PPP was supposed to save those countless businesses getting hammered by state and local leaders. Yet time and again, we discover that major corporations, Harvard University, politician-owned companies, and now China took millions of our dollars.
How many businesses shut their doors in your neighborhood? I can count dozens in my town alone. All of them could have survived, had China not taken $180 million. This was the fault of our government, who hastily shut us down and slapped together a plan so terrible, it hurt the very people it was trying to save.
This is more insult added to the many injuries brought on by China’s negligence, dishonesty, and evil. If our leaders really expect us to take them seriously, they need to hammer China once and for all. They need to hold this communist dictatorship for all the evil it caused.
I don’t really know if anyone in Congress is up to the challenge. But only one person will have the guts to even try: Donald Trump.
Because you know that idiot Joe Biden will just roll over, again and again.