Looting of FEMA A Small Part of The Theft of American Wealth

By John Buchard
October 6, 2024

The Crime Syndicate Masquerading as the Biden-Harris Regime Have Looted Trillions. The FEMA Billions Is Only An Egregious Example of the Looting of the American Wealth By The Crime Syndicate.
Trillions Looted From Agencies, Social Security,MediCare
The destruction of Hurricane Helene and the utter, unimaginable suffering and destruction left in her rainy wake will be with us for many years. The clean-up and reconstruction are estimated to exceed 100 billion or more. In the scheme of things that isn’t much. After all, to date, the Biden-Harris Regime has sent Ukraine over $250 Billion. Just yesterday another 8 billion was sent to Ukraine. In the meantime , there is little or no money for the rescue and assistance desperately required for the victims of Hurrican Helene. Just this morning Kamal sent another $178 Million to Lebanon, bragging that in all Lebanon has received 378 Million this year. Yes, the same Lebanon that’s the base for the HAMAS, Iran backed terrorists that launched a war on October 8 of last year by slaughtering 1300 Israelis and 30 Americans, and taking 300 hostages, of whci most have been murdered.

What will certainly also, hopefully, never be forgotten is the Biden-HARRIS regime’s complete deliberate and knowing looting of FEMA funds, diverted to fund the invasion of the United States by millions of invading illegal aliens—their abject indifference to managing even the tiniest facets of its results. What will certainly additionally live long in notoriety re the regime is just how their agency entrusted with managing events of such size – the Federal Emergency Management Agency (FEMA) – done so terribly from the start and yet sobbed poor mouth so shortly afterward. Despite their seeming indifference, that discovery created a basic feeling of astonishment on top of the outrage structure.Where did the money go?
Trillions Looted From Agencies, Social Security,MediCare

Which answer concerning several of it – a billion five hundred million dollars and counting to transplant thousands of hundreds of illegal aliens enabled willy-nilly throughout the border by the administration – angered AMERICANS throughout the nation watching the dreadful scenes from North Carolina and Tennessee unfold on their TVs, computers, and phones.

The Biden-Harris regime is familiar with drawing away focus, and the recent disclosures concerning the taxpayer-funded centers for undocumented immigrants in San Diego and New York City, financed by FEMA, were simply a reprise of strategies they had used in the past.

It’s simply that perhaps no one was listening, and now possibly they should.thjsi is no t the end of the cast looting of American wealth to fill the pockets of the network of crime oligarchs growing obese on the influx of cash looted from American pockets. Are people aware of the hundreds of billions looted from Medicare?

Aren’t you? Social Security and Medicare Trust Funds to finance the invasion and other fraudulent schemes of the Biden-Harris Regine. Let’s take a close look at Medicare.

Sure makes that billion from FEMA resemble chicken feed, doesn’t it?
I can not comprehend why this is not being major outcry based solely on that tweet. Nonetheless, the Wall Street Journal conducted an in mid-August that seems to have been forgotten amidst all the political election turmoil.

Harris’s IRA plan is not just causing seniors to lose cash due to delayed price increases after the election, yet it is additionally impeding the development of new medicine growth.

This week, Head of state Biden and Kamala Harris are set to commemorate the two-year turning point of the Rising cost of living Reduction Act. Nevertheless, their celebratory remarks are most likely to gloss over the unplanned consequences of the legislation, particularly its barrier to the innovation of new clinical treatments.
Trillions Looted From Agencies, Social Security,MediCare…

The IRA let Medicare “work out” rates for 10 to 20 medicines a year and an overall of 60 by 2029. Work out is a euphemism for extortion: Drug manufacturers that don’t participate or decline the government’s rate face a day-to-day excise tax that starts at 186% and reaches 1,900% of a medication’s daily profits.

The legislation also requires makers to pay the federal government rebates on medications marketed to Medicare if they raise rates greater than the rate of rising cost of living, and places them responsible for more of the privilege’s Part D costs. Democrats used the resulting estimated “financial savings” of some $160 billion to spend for the environment-friendly new deal.

Subsidized photovoltaic panels might not be useful if you become ill. The Democrats’ actions targeting pharmaceutical companies are expected to result in a reduction in the growth new drugs, although this effect might not be instantly evident.

Roche’s President, Thomas Schinecker mentioned throughout the previous summer season firm has actually chosen versus pursuing certain trials, mergers, acquisitions, or licensing arrangements as a result of financial concerns. In addition, AstraZeneca warned that it can hold off the introduction of particular cancer cells therapies due to economic constraints.

Just how is this different than what Medicare used to do for drug prices, and so on?
Historically, Part D has used the by fair competitors amongst insurance providers, to regulate medication costs. Nonetheless, government intervention in the form of price controls has actually disrupted this stability, motivating insurers to either boost costs or leave the market completely. Therefore, seniors are dealing with a rise in premiums for standalone Component D strategies, with some experiencing increases of 20% or even more, while the variety of readily available plans has diminished to a lowest level, leaving around 2 million elders prone to losing their existing protection.

Just lately, the Centers for Medicare & Medicaid Solutions (CMS) reported the Component D base recipient premium costs– which boosted by an astonishing 179%– and arbitrarily included a brand-new “demonstration” to limit premium boosts in standalone Part D strategies, which roughly eleven million elders are enrolled in. In the Biden-Harris code, this means that the administration will better support huge insurance providers to the tune of $72 billion over the following three years by means of the new “demonstration” project from the Medicare Trust Fund Funds, even more wearing down the program’s economic safety. In this way, seniors will only see a $2 rise monthly usually. All informed, that places the entire IRA raid on Medicare at more than $330 billion.

The Biden-Harris management is not protecting; rather, they are drawing from it.

Also back in January, alarm flags were being raised – and missed out on – by experts desperate to explain exactly how and where all the renewable subsidies for the IRA were coming from. It had not been “brand-new” money.

It was Peter burglarizing Grampa Paul blind under the rosy cover of all these unbelievable – however mythological – “Medicare cost savings.” And they utilized adjectives like ‘siphoned.’

Mark Merritt, the president of Proactive Methods Group, specified in an for the Wall Street Journal that about 85 of the $280 billion saved from the program is not directed in the direction of Medicare. Rather, Merritt noted that most of these savings are being used to money the $7,500 tax credit report

Morales stated the siphoned funds are additionally sustaining the $4,000 utilized electric-vehicle tax obligation credit report, and tax credit scores for energy performance things, such as doors. The tax credits on these automobiles, Merritt stated, are products that wealthier Americans acquisition. In 2019, half of those enlisted in Medicare gain less than $30,000 per year, whereas the typical Tesla purchaser makes around $150,000 each year.

According to Merritt, the financial savings that enter into Medicare pay for some “fairly low-cost new advantages,” such as a $2,000 yearly cap on drug store investing. The total Medicare program’s budget is projected to climb from $1 trillion in 2023 to $1.8 trillion in 2031.

The elderly people that are facing monetary troubles at present will certainly be shocked when they experience the impact of the deliberately postponed Medicare costs walks adhering to the election, while those that have a Tesla will certainly not be impacted whatsoever.

Reynolds argued that rather than properly lowering the rapidly rising drug prices, the IRA directs its funding towards electric vehicles. He pointed out that the situation is reminiscent of the COVID pandemic, where concerns about serious infections were exploited by politicians to justify unnecessary and ultimately harmful restrictions, drawing parallels to the intersection of climate change and health issues.

“He pointed out that’s precisely the approach they’re taking with the issue of climate change.”

Oh, but gosh! “$35 insulin!” says Kamala with a straight face.

“The Biden administration’s priorities are misplaced, focusing on favored initiatives, unworkable environmental proposals, and partisan wealth redistribution, rather than fulfilling its fundamental responsibilities, counting on lower prescription costs to face disappointment once more.”

All senior citizens nationwide should be informed about this terrible situation, as well as every voter over the age of 50, as everyone is impacted by Medicare.

… Now they’re taking money from the Medicare Trust Fund to hide resulting premium hikes until after November.

“CMS enacted the “demonstration project,” which will increase the taxpayer burden “from $30 per recipient per month in 2024 to $142.70 in 2025,” according to Fox. Critics told the outlet the move will likely not “survive legal scrutiny,” but that won’t matter because Harris just needs the premiums to stay low long enough to make it to the Nov. 5 election to avoid voter scrutiny from the over 67 million Americans enrolled in Medicare programs.”

Remember it was Vice President Harris that cast the tie breaking vote to pass this scheme as part of the Inflation Reduction Act in 2023, which has done nothing to stop inflation and will eventually make it worse if not fixed.

Every senior on Medicare or getting ready to enroll needs to know this.

The phrase that comes to mind is “stuck,” courtesy of the Biden-Harris administration, and it’s a painful reminder, like a sharp stab.

Every single senior – every last one – needs to be made aware, especially the little blue-haired blue-believer voters, of what is coming their way thanks to Kamala Harris.

A planned $5 billion Biden-Harris administration venture that would offset Medicare premium increases just before the presidential election may be a Hatch Act violation and should be investigated, according to a letter sent to the Department of Justice (DOJ) by Sen. Rand Paul, R-Ky.

The Hatch Act prohibits political activity conducted in an official capacity.

Paul expressed to Corey Amundson, the Chief of the Public Integrity Section at the DOJ, that he and his colleagues have apprehensions about the Biden-Harris Administration potentially misusing taxpayer money to cover up the inadequacies of the Medicare Part D policies implemented through the Inflation Reduction Act (IRA) ofP.L. 117-169). Paul emphasized that further inquiry is necessary due to the IRA’s significant involvement in the Biden-Harris Administration’s election campaign.