This Week in the World Affairs Brief

BIDEN’S INFRASTRUCTURE BOONDOGGLE AND SCAM

Joe Biden introduced his $2.25T Infrastructure Bill this week. It is a boondoggle in every sense of the word—a wasteful project for political purposes—in that it sets up a EU style ongoing slush fund offering huge government contracts to big corporations that inevitably end up financing a lot of fraud and corruption as well as dishing out “political pork” for states as long as they come into compliance with other federal control issues. It is a scam because the bill only spends $538 Billion on true infrastructure: roads, bridges, ports and airports. It seems that with every big spending or bailout bill by the Democrats, it’s laden with billions in funding for pet projects and slush funds that have nothing to do with the exaggerated pandemic or infrastructure spending. It always turns out to be a Democratic Party wish-list for political spending. It won’t end after $2.25T is spent because many parts are open ended and will cost a lot more due to ongoing inflation; the total bill will exceed $4 trillion or more. And when you stipulate that representatives have limited or no ability to amend the bill, it becomes a “take it or leave” proposition so common now in Congress, under a one party rule. To receive a one-time free copy of the brief, click on Request a Sample on the left

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  • China and Russia Preparing to Test US Resolve Before WWIII