US Stimulus Bills! Thank you for So much WASTE!!

The below list of funded items within the Stimulus Bill was forwarded to us by Dick Anderson of http://anderson4theconstitution.com/ ; we were able to confirm 80% of the items listed in government reports.  With a population of 330,483,530 Americans, and an expenditure of $2,000,000,000,0000 to fund the Stimulus Bill, the cost for every American, regardless of age, to fund the Stimulus Bill was $6,051.74.

Where some of your tax dollars went, that the left of center liberal media establishment refused to report on.

$350,000,000 for Migrant and Refugee Assistance pg 147

$43,700,000 per person for student loan bailout

$11,000,000 Drug Access.

$5,000,000,000 Community Development Programs Block Grants

$75,000,000 to the Endowment for the Arts / because Pelosi demanded it

$300,000,000 for the Endowment for the Humanities

$400,000,000 for Election Assistance, including expanding voting by mail.

$25,700,000,000 for the Department of Education stabilization fund/ for Teacher Union.

 

$5,300,000,000 Child Care Centers

$100,000,000 Legal Services Corporation

$300,000,000 to Public Broadcasting / NPR has nothing to do with the Corona Virus.

$12,000,0000,000  Aid for Dependent Housing.

 

$25,000,000,000 Food Stamps

 

$8,800,000,000 Child Nutrition

 

$5,300,000,000 Family Programs.

$25,000,000 for “Cleaning Supplies” for the Capitol Building on page 136.

$35,000,000 to the JFK Center for performing Arts? Pelosi?? She will get millions of it somehow.

$25,000,000 for additional salaries for House of Representatives

$324,000,000 for State Department Diplomatic Programs-----what programs----how is this affecting the Corona Virus?

$95,000,000 for the Agency of International Development-----is this for the Corona Virus abatement in Foreign countries?

$258,000,000 for International Disaster Assistance

$88,000,000 for the Peace Corp pg 148---is this so they can deal with the Corona Virus in Foreign countries?

$13,000,000 to Howard University pg 121---this has nothing to do with the Corona Virus.

$25,000,000,000 Passenger Airlines

 

$5,000,000,000 Cargo Airlines

 

$32,000,000,000 Airline Wages

$450,000,000 Emergency Food Assistance

$25,000,000 to the FAA for administrative costs pg 165

$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg 167

$25,000,000,000 for Transit Infrastructure pg 169

$3,000,000 Maritime Administration pg 172

$5,000,000 Salaries and Expenses for the Office of the Inspector General pg 172

$2,500,000 Public and Indian Housing pg 175

 

$100,000,000 Food Distribution to American Indians

 

$200,000,000 Food Distribution to Puerto Rico

$5,000,000 Community Planning and Development pg 175

 

The above listed expenditures should be shared with every American taxpayer, so they would be able to understand what items Pelosi required that the Senate fund, in order to pass the Stimulus Bill in the House.  Unfortunately, the left of center liberal media establishment will continue to coverup the above listed expenditures.

 

Copyright by Capt Joseph R. John.  All Rights Reserved.  The material can only be posted on another Web site or distributed on the Internet by giving full credit to the author.  It may not be published, broadcast, or rewritten without the permission from the author.  

 

 

Joseph R. John, USNA ‘62

Capt    USN(Ret)/Former FBI

Chairman, Combat Veterans For Congress PAC

2307 Fenton Parkway, Suite 107-184

San Diego, CA 92108

 

https://www.CombatVeteransForCongress.org

 

https://www.facebook.com/combatveteransforcongress?ref=hl

 

Anbang No More. In February, the China Insurance Regulatory Commission (CIRC) Owns Anbang’s other properties under the control of Beijing.

China is sending the tycoon who bought the Waldorf Astoria to prison for nearly 20 years

May 9, 2018

By Josh Horwitz

Asia Correspondent

 A once high-flying Chinese mogul has fallen hard.

A court in Shanghai has sentenced Anbang Insurance Group chairman Wu Xiaohui, known for high-profile overseas acquisitions including the Waldorf Astoria, to 18 years in prison for financial fraud and related crimes. His punishment comes months after the Chinese government abruptly seized control of the conglomerate over fears of insolvency in a move that illustrated how quickly Beijing can take down corporate giants that run afoul of the party.

According to Chinese state media outlet Xinhua (link in Chinese), Wu pleaded guilty to charges of illegal fund-raising and embezzlement. In addition to the prison sentence, the government will also confiscate 10.5 billion yuan ($1.65 billion) from Wu. Representatives for Anbang Insurance did not reply immediately to Quartz’s request for comment.

Under Wu, Anbang Insurance was one of China’s most aggressive buyers of overseas businesses, most notably luxury properties. In 2014, the company purchased the Waldorf Astoria for $1.95 billion. Over a year later it purchased Strategic Hotels & Resorts from Blackstone, which gave it control over 16 hotels including the JW Marriott Essex House in Manhattan. Its life insurance business was weighing an initial public offering and the group was recruiting at Harvard, telling students, “We must win the first battle and every battle thereafter as we are representing Chinese enterprises going global.”

Yet Anbang’s more recent acquisitions failed, in part due to growing concerns about the conglomerate’s shareholding structure, a key focus of his trial (link in Chinese). In the midst of Anbang’s overseas acquisition spree, while company documents listed many of Wu’s family members as Anbang shareholders, Wu himself was not (paywall).

The lack of clarity about the company’s shareholding structure was one of the reasons why Anbang’s bid to purchase Starwood Hotels and Resorts fell apart in 2016. Another deal to invest $400 million in a property owned by the family of Jared Kushner also fell through. In its report on the sentencing, Xinhua adds that Wu deliberately concealed his shares in Anbang’s various entities.

Yet Wu’s true downfall has occurred in the span of roughly one year, as Chinese regulators grew increasingly concerned about systemic financial risk and capital outflows. In July 2017, Wu was abruptly detained by Chinese authorities. His capture followed reports in Chinese media outlet Caixin that noted the low market share of its insurance products and questioned the origins of its cash pools. At the time of their publication, Anbang called Caixin’s reports “libelous.“

In February, the China Insurance Regulatory Commission (CIRC) announced that a government-led work group had seized control of Anbang’s assets for one year—effectively placing the Waldorf Astoria and all of Anbang’s other properties under the control of Beijing. In a March hearing, the court accused Wu of using falsified financial statements to raise money for investment and debt repayment.

Wu’s sentencing and the government takeover of Anbang will likely heighten Washington’s scrutiny towards acquisitions involving overseas Chinese buyers—even as capital outflow controls in China might slow the pace of such deals. Last week, SkyBridge Capital, the hedge fund owned by former Trump administration spokesman Anthony Scaramucci, announced it would terminate its planned sale to HNA, another Chinese company with an opaque ownership structure and large roster of overseas assets

https://qz.com/1274303/china-is-imprisoning-anbang-chairman-wu-xiaohui-tycoon-who-bought-waldorf-astoria-for-18-yers/

Will The Chinese Gets the BAIL OUT from our US Government.

Waldorf Astoria New York

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"Waldorf Astoria" redirects here. For the original hotel on Fifth Avenue near 34th Street, see Waldorf–Astoria (1893–1929). For the German football club, see FC Astoria Walldorf. For other uses, see Waldorf–Astoria (disambiguation).

Owner	Anbang Insurance Group

Anbang Insurance Group, a well-connected Chinese conglomerate, has agreed to pay $6.5 billion for a portfolio of Four Seasons and other luxury hotels owned by the Blackstone Group, according to numerous recent reports—and is gunning to take control of Starwood’s Westin, Sheraton, and W Hotels as well. Many of the properties potentially changing hands include longtime deal-making locations for US business men, tech titans and Hollywood.

Neither deal has been officially announced yet, but the buyout of Blackstone’s Strategic Hotels & Resorts 16 properties is the more immediate and likely of the two (Anbang is competing with Marriott International for Starwood).

The Blackstone deal includes the Four Seasons hotels in Washington DC, Jackson Hole, and Silicon Valley to New York City’s Central Park-facing Essex House and the Ritz Carlton south of San Francisco. Overall, it could net Anbang more than 7,500 of the US’s most expensive hotel rooms—common sites for sensitive business negotiations, diplomatic glad-handing, closed-door conferences, and maybe even the occasional illicit affair. And that should be terrifying to their long-time guests.

REUTERS/MANNIE GARCIA

Anbang has deep connections to China’s Communist Party—Chairman Wu Xiaohui was married to the granddaughter of Deng Xiaoping, while Chen Xiaolu, the son of a prominent People’s Liberation Army official is on the board of directors.

It’s a party that US officials and privacy experts believe is behind numerous hacks of US government and corporate information technology systems, sometimes for “theft of intellectual property and trade secrets,” as data security company CloudStrike said last October, sometimes to pick up personal employee data, and other times to “download files ranging from emails to contracts.” 

As the US and other companies and governments fret over China’s rapid expansion beyond its borders, everything from deal terms to IT “back doors” to the South China sea is being discussed, sometimes in the very rooms that will now be owned by Anbang, and across the very Wi-Fi systems the company will now control.

Neither Blackstone or the Four Seasons in Washington, which traditionally hosts numerous diplomatic meetings, replied to questions from Quartz. A US Treasury spokesman said she could not comment on whether the committee that reviews foreign investments was looking at the Anbang/Blackstone deal.

Electronic communications are closely monitored in China, sometimes even in citizens’ and visitors’ homes, and harvested information can emerge when it benefits the government. In 2014, when Britain’s GlaxoSmithKline chief in China was being investigated for a bribery scandal, a video of him having sex with a woman who was not his wife was made public. The video was filmed at his Shanghai apartment.

The US State Department seems to be taking all possible security concerns seriously: After Anbang took over the the midtown New York Waldorf Astoria in late 2014, president Barack Obama bucked decades of tradition and chose to stay elsewhere during the 2015 United Nations General Assembly meetings. The State Department also said after the Anbang takeover it is reviewing whether the Waldorf should still be the permanent home of the US ambassador to the UN, as it has been since 1947.

“There are a range of considerations that influence where the president will stay when he’s not at the White House,” the White House spokesman said at the time. “Those considerations include everything from available space to cost and to security.” An unnamed State Department official was more direct with The New York Times (paywall) about security concerns, saying “Why else would you not stay at the Waldorf?”

https://qz.com/639274/chinas-6-5-billion-blackstone-hotel-deal-could-ruin-the-secret-meetings-of-the-us-elite/