“Never Let a Crisis go to Waste”

The $1.9 Trillion Dollar Stimulus Bill has very little to do with helping people that suffered from Covid19 or the shutdown of our economy. Politicians want us to believe this is an emergency Covid19 relief bill (American Rescue Plan Act of 2021).

Nothing could be farther from the truth:

Just a measly 9% of the money goes toward fighting Covid19.
Nearly $700 billion won’t be spent until after 2022 – much not until 2024
$350 billion going to bail out poorly run states (especially those (IL, CA, NY, NJ & MI) that choose to be shut down in return for getting paid back when this bill eventually got passed.

Congress (anyone that votes for this bill) is pulling the wool over American Citizens’ eyes. They are talking down the economy at every turn until they get their super pork-filled bill passed in the name of “Stimulus.”

SILVER LINING: The good news is that if/when this bill gets passed the political and media messaging with do a 180-degree turn. The passage will be deemed a savior by the press and many Covid restrictions will go away within months. The US will take major steps toward reopening. Hooray!!!

Either way, thanks to Operation Warp Speed and the amazing Government/Private Sector teaming up to get vaccines out in less than one year (typically takes closer to five years) Herd immunity (Johns Hopkins as soon as April) is right around the corner. With or without this pork-filled bill, America is knocking on the door to normalcy.

Vaccines are the real story here. Don’t believe me, imagine how many people would feel if they were not created. Millions may not ever feel safe without them. The history books will marvel at the super short amount of time in which they were created.

Why Operation Warp Speed Worked

By mid-January 2020 – unprecedented timeframe:

3 Vaccines
900 million doses of vaccines were purchased
17,000 vaccination sites signed up
1 billion needles and syringes
19 Pharmacy chains
1.5 million people being vaccinated daily

More about this bill:

If 300 million Americans received a $1,400 “Stimulus” check, that equals $420 billion dollars. Where the heck is the other 1.5 Trillion dollars going? “Never let a crisis go to Waste”. Rahm Emanuel

I’d argue the relief America needs is to open the whole economy starting with schools. This is obviously great for kids, but also for the economy as many parents are struggling to work while their young children are at home.

Congress and their media mouthpieces will not suggest it’s safe to reopen the economy and schools until this massive pork bill is passed.

WHY would our elected officials do this?

Simple – Political payback. Ever wonder how Congress (both parties) members get rich?

As you read over the list, you should wonder how the money gets to these “causes” and who do they actually write the check to. How much of the money is then returned to political campaigns via donations? Trust me the handouts are plentiful. This is by far the greatest political payback in history!

Hard to believe, but look it up on the Congressional website for HR 748 from 116th Congress.: H.R.748 – 116th Congress (2019-2020): CARES Act

American population: 330,483,530

Stimulus bill: $2,000,000,000,000 ($2 Trillion)

Dividing the cost by every American is $6,051.74 The government could have given every person over $6,000, but instead will give $1,200 to each adult under a certain income. Want to know where the missing 96% of your tax dollars went? Here you go. . .

$300,000,000 for Migrant and Refugee Assistance pg. 147
$10,000 per person for student loan bailout
$100,000,000 to NASA, because, who knows why.
$20,000,000,000 to the USPS, because why the heck not
$300,000,000 to the Endowment for the Arts – Covid19 relief???…
$300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing
$15,000,000 for Veterans Employment Training / for when the GI Bill isn’t enough.
$435,000,000 for mental health support
$30,000,000,000 for the Department of Education stabilization fund/ because that will keep people employed (all those zeros can be confusing, that’s $30 BILLION)
$200,000,000 to Safe Schools Emergency Response to Violence Program
$300,000,000 to Public Broadcasting / NPR has to be bought by the Democrats.
$500,000,000 to Museums and Libraries / Who the heck knows how we are going to use it.
$720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs.
$25,000,000 for Cleaning supplies for the Capitol Building / I kid you not it’s on page 136.
$7,500,000 to the Smithsonian for additional salaries
$35,000,000 to the JFK Center for Performing Arts
$25,000,000 for additional salary for House of Representatives
$3,000,000,000 upgrade to the IT department at the VA
$315,000,000 for State Department Diplomatic Programs
$95,000,000 for the Agency of International Development
$300,000,000 for International Disaster Assistance
$90,000,000 for the Peace Corp pg. 148
$13,000,000 to Howard University pg. 121
$9,000,000 Misc. Senate Expenses pg. 134
$100,000,000 to Essential Air carriers pg. 162. This of note because the Airlines are going to need billions in loans to keep them afloat ($100,000,000 is chump change.)
$40,000,000,000 goes to the Take Responsibility to Workers and Families Act This sounds like it’s direct payments for workers pg. 164.
$1,000,000,000 Airlines Recycle and Save Program pg. 163
$25,000,000 to the FAA for administrative costs pg. 165
$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg. 167
$526,000,000 Grants to Amtrak to remain available if needed through 2021 pg. 168 (what are the odds that doesn’t go unused) Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress.
$25,000,000,000 for Transit Infrastructure pg. 169
$3,000,000 Maritime Administration pg. 172
$5,000,000 Salaries and Expensive Office of the Inspector General pg. 172
$2,500,000 Public and Indian Housing pg. 175
$5,000,000 Community Planning and Development pg. 175
$2,500,000 Office of Housing

What DOES ALL of this have to do with the Virus????

The government still has roughly $1 trillion that hasn’t been spent from past Covid19 related bills. We don’t need to print more stimulus, we need to open the economy and all schools for in-person learning.

Silver Lining…. When this bill gets passed (and it will), it will be deemed our savior by the media, and the economy can open up and so can in-person learning at schools. It may even be deemed A Biden Miracle! Call it whatever you want, I want the economy to open back up ASAP.

For 2021, this will be great for stocks, especially those that have suffered from the lockdowns. If our government keeps printing money and boosts inflation, it will also be good for real estate.