We’re On A Highway To Hyperinflation
Well, here we go again. The U.S. House of Representatives just passed a $900 billion stimulus package, and we are being promised that it will provide a real “boost” to the economy. Of course we were told the exact same thing about all of the other “stimulus packages” that have been passed since the beginning of the pandemic. Most importantly to many Americans, $600 stimulus payments will soon be sent out directly to the American people. If you are married and have three kids, you will get a total of $3,000, because each member of your family is counted equally for this round of stimulus payments.
But it won’t just be U.S. citizens that will be receiving free money. According to Michelle Hackman of the Wall Street Journal, families of illegal immigrants will now be eligible as well…
Family members of unauthorized immigrants are now eligible to get stimulus checks under the $900 billion deal reached last night. That eligibility is retroactive, so adults excluded last time could get up to $1800 now
In addition, there is a tremendous amount of pork in the spending package that the House just authorized. The following comes from Zero Hedge…
And now, on to the pork… which includes billions to foreign countries, US military weapons purchases which go above and beyond their budgets, $40 million for the Kennedy Center, and nearly $200 million so that federal HIV/AIDS workers overseas can buy cars and car insurance, among other things.
Not surprisingly, the bill passed the House by a vote of 359 to 53.
I would like to applaud the 53 members of the House that tried to stand up and do the right thing, because this bill should have never been passed.
It is being reported that the bill was 5,593 pages long, and our representatives were only given a few hours to read it…
Several members of Congress are taking to social media to complain about the handful of hours they have to read the 5,593-page spending bill.
Early Monday afternoon, the behemoth piece of legislation was uploaded, and House Speaker Nancy Pelosi scheduled a vote for the evening.
It is going to take weeks before we learn all of the insidious things that were snuck into this bill, because that is how long it is going to take for ordinary citizens to read it.