How many people are surprised that Donald Trump dipped his greedy little hands into the money meant for small businesses suffering in this dismal economic picture? The Associated Press reported that $273 million in the special Paycheck Protection Program (PPP) funding went to Trump’s big donors. The biggest scam in the history of the United States is Donald J. Trump, and when he leaves all of Americans will be poorer for him — in the most literal sense of the word. Take a look.
It appears that the summer grifting did not profit Trump — exactly. Several businesses that his real estate company houses did okay. Then, his attorney Marc Kasowitch cleaned up, too. A nice reward for his help protecting the prez from the Special Counsel Robert Mueller in the Russia investigation.
The purpose of the PPP had been to help small businesses make it through the economic environment the coronavirus pandemic left in its wake. As it turned out, a substantial portion of the $660 billion relief package went to Trump’s family and friends.
Treasury Secretary Steve Mnuchin did not want to release the names of the recipients due to “confidential information.” Yet, he finally gave in after the Legislature pressured him.
The uber-right website Newsmax’s owner CEO Christopher Ruddy has been a friend of POTUS for years and donated big bucks to the president’s PAC supporters, according to The Vanity Fair.
Then, there were the black suits on Capitol Hill who spent their time doing 45’s will. Take Representative Devin Nunes (R-CA). The president told him to go intimidate Trump’s former fixer, Michael Cohen as he testified before Congress committees before heading off to jail. Nunes stood at the side of the room, just with Cohen’s peripheral vision.
As it turns out, a fictional cow won a lawsuit against the representative, so this president handed him a cool million in PPP funds. Nunes is a part-owner of a winery. The Daily Beast reported:
‘Rep. Devin Nunes (R-CA), in his most recent financial disclosure filing, reported owning between $50,000 and $100,000 in equity in a California winery, Phase 2 Cellars. That winery received a PPP loan worth between $1 million and $2 million.’
Then, there was Representative Kevin Hern, owner of a chain of fast-food businesses. He urged Senate Majority Leader Moscow Mitch McConnell (R-KY) and Minority Leader Chuck Schumer (D-NY) to up the amount of money franchises could get.
Moscow Mitch’s wife Elaine Chao was born into a rich shipping family, as in big ships (not UPS). Not only did she snap a cherry Secretary of Transportation job, Chao took in nearly one million dollars from the PPP, too. That was a nice addition to 60-plus million her father gave the couple when they married.
Let us not forget the man who gives Trump his daily agenda, Fox’s personality Tucker Carlson. He just happens to own a conservative news organization The Daily Caller and pulled in up to a fast one million dollars, too:
‘Carlson sold his stake in the company on June 10.’
Newsmax, the conservative TV network and website owned by another presidential confidante, Christopher Ruddy, was handed a loan worth $2 million to $5 million.
Then, there were the bouts of nepotism. Jared Kushner’s family took in a nice chunk of change. It so happens that the Trump family’s golden son-in-law/senior adviser was born into a wealthy family himself. The old Kushner family foundation was in terrible need of up to two million dollars to support The Joseph Kushner Hebrew Academy in New Jersey and a couple of hotels.
According to The Small Business Association (SBA), The Kushner family cleaned up:
‘Records show $350,000 to $1 million went to Observer Holdings LLC, the parent entity of Observer Media—the publishing company formerly owned by White House Senior Adviser Jared Kushner. Kushner resigned from the news organization before decamping to Washington, D.C. in 2017, but it has remained in the family: Joseph Meyer, wedded to Kushner’s sister, Nicole, lists it among the holdings of his Observer Capital investment firm. The federal assistance preserved 41 jobs.’
Then, there was this sweet little deal for the Kushner relatives:
‘$1 million to $2 million in assistance went to Princeton Forrestal LLC—revealed in Security and Exchange Commission records to be 40 percent owned by the former developer’s mother, brother, and sister. Esplanade Livingston LLC, which owns the land on which the company’s Westminster Hotel sits, received another $350,000 to $1 million. Mortgage documents filed in Essex County, New Jersey show that Esplanade Livingston LLC is controlled by C.K. Livingston LLC, a company that bears the initials of Jared Kushner’s father Charles—and which the former disclosed in 2017 as a source of personal income from the hotel.’
Let us not forget the Agriculture Secretary Sonny Perdue’s trucking company. He ended up with somewhere between $150,000 and $300,000.
Trump Campaign Spokesperson Samantha Zager said:
‘When the rent or mortgage was due, tens of millions of Americans kept receiving paychecks thanks to President Trump’s leadership.
‘The PPP was a huge success and saved 51 million American jobs, including at Joe Biden’s old law firm and many companies associated with Obama Administration alums.’
Former General Counsel at the Federal Election Commission Larry Noble said:
‘When you see these people getting assistance quickly and they have contributed to the campaign, then it is going to raise questions.’
Featured image is a screenshot via YouTube.
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