On December 14th, two excellent news-reports were belatedly published about some of the massive corruption that was behind the initial U.S. federal coronavirus-relief law, the CARES Act, and about U.S. Senators of both Parties now intending to include such corruption in the next one. (NOTE: This present news-report may be viewed as a confirmation, and a further explanation, of what I was predicting in my article on April 22nd, “Why Post-Coronavirus America Will Have Massive Poverty”. What that was predicting is being confirmed in the two recent news-reports that are cited here.)
Regarding the CARES Act, J. Robert Downen headlined in the Houston Chronicle on December 14th, “Joel Osteen’s Lakewood Church got $4.4 million in federal PPP loans”, and he reported that “Lakewood received a $4.4 million loan through the Paycheck Protection Program, a part of the federal CARES Act that provided loans to pay employee wages or for other basic operational costs such as utilities. The program marked the first time federal lawmakers allowed for direct financial assistance to houses of worship. … More than 1,000 religious groups in Texas received hundreds of millions of dollars to retain a combined 59,000 jobs, the Chronicle reported in July.”
At around the start of the coronavirus-epidemic, the Texas state government had announced, on 24 January 2020, that “Our workforce continues to grow and is now 14,188,100 Texans strong”, and this means that the CARES Act’s breaking-of-precedent (“the first time federal lawmakers allowed for direct financial assistance to houses of worship”) was helping to retain employment for one two-hundred-and-fortieth of employed Texans, and therefore it couldn’t even possibly have produced any significant impact upon the rate of unemployment in Texas, but only improved the re-election chances of public officials in Texas, by its purchasing from Texas’s preachers (who have lots of political clout in that state) a more favorable attitude toward those incumbent governmental office-holders, who had provided this largesse, upon their special interest.
Downen’s article also listed 16 Texas corporations (such as “Percheron Holdings LLC”) which had been given federal loans of at least $10,000,000 each; and, so, the federal Government’s largesse wasn’t only to ‘non-profits’, nor to religious organizations.