The Biden-Harris Wealth Wipeout is Coming, and Stimulus Checks are Just a Prelude
All that stimulus money you’ve gotten, all the new stimulus money you’re going to get, don’t spend it. You’re going to need it when the inevitable Biden-Harris wealth wipeout hits you and the country.
Remember what I always say – it’s all good, until it isn’t.
You remember the Affordable Care Act and how good that was going to be, don’t you? Now politicians of the same ilk are making promises about how good life’s going to be with all the free money they’re showering on you.
But just like with Obamacare, which cost Americans dearly, this “free money” parlor game is more like a three-card monte. It’s sleight-of-hand; the money you’re getting isn’t free. Nothing’s ever free.
The truth is this brazen political coup is going to bankrupt you and America.
Here’s what one-sided, one-party, ramrodded legislation is really about, how it’s going to wipeout our democracy and your wealth.
And most importantly, how to invest your way out of the socialist black hole we’re headed into…
About the ACA – and How It All Ties In
Remember when Nancy Pelosi said of the 906 pages that began the legislation that became the Affordable Care Act (ACA)? She said, “We have to pass the bill so you can see what’s in it.”
It turns out Obamacare, passed by the House and Senate without a single Republican vote and signed into law by President Obama, exactly that same setup Democrats have now, ended up being “nearly 11,000 pages of regulations for this one law alone,” according to USA Today.
Everything that was wrong with the ACA, starting with who paid to pass it, eventually came to light.
An MIT student researching the lead up to the legislation reported, “Passing the ACA also required the support of the pharmaceutical companies, doctors, and insurers. Many congressional leaders, including Democrats, would not vote for a bill that compromises the profits of healthcare related corporations because their largest donors are healthcare lobbyists (Cohn, 2010). To befriend the lobbyists, ACA supporters did not aggressively pressure healthcare companies into lowering prices charged to federal insurance plans. Even though the healthcare industry was required to slightly reduce their prices, they were still guaranteed more profit because of the increased number of people seeking healthcare” (Oberlander, 2010).
It didn’t exactly work out that way, meaning not enough people signed up to what were supposed to be low-cost insurance options, which cost Americans a fortune.
Personally, not only did I lose the ability to keep my primary care physician, who I thankfully saw rarely, but my yearly insurance cost went from about $3,000 to almost $10,000. An increase in less than three years of more than 233%. Of course, that doesn’t include my deductibles, co-pays, total limits, and other costs.
What has the not-so Affordable Care Act cost you?
Another ramrodded bill filled with pork and encased in a vile coverup.
Who Exactly is this “Plan” Rescuing?
The latest Democrat plan, the $1.9 trillion “American Rescue Plan” is going to cost you a lot more than the ACA, maybe everything.
That’s because the American Rescue Plan is really an American Socialization Plan.
The Wall Street Journal‘s editorial board said of the new stimulus bill, “Only a small part of what Democrats passed is for pandemic or economic relief. It’s mainly a way station on their high-speed train to a cradle-to-grave welfare-entitlement state. Most of the $1.9 trillion will flow to government unions or supposedly temporary income transfers that Democrats intend to make permanent later this year.”
Yep, what we have here is a failure to communicate, which is what the new law really is, an American Socialization Plan.
Not only are Americans well above the poverty line ($25,000 for a family of four) being slathered with money, blue states and cities, unions, and union pension plans are being thrown tens and hundreds of billions of dollars, for purely political reasons.
The road to socialization is paved with free stuff, which ends up being paid for via “redistribution” and stripping entrepreneurship and productivity out of the citizenry.
With $2 trillion dollars in “stimulus” already handed out and another $1 trillion on the sidelines yet to be spent or slathered on constituents, why would an undemocratic Democrat Congress ramrod, just like the ACA was ramrodded through Congress, another $1.9 trillion in stimulus spending down Republicans, conservatives, and fiscal hawks’ throats?
Because they could.
Because showering already recovering Americans (U.S. household net wealth rose a record $7 trillion in the fourth quarter of 2020) with more money, and especially showering lower income Americans with even more money, sets the stage for continuing higher unemployment (after all who wants to work when unemployment pays more?) and the Democrats’ real goal, universal basic income.
Not for everyone mind you – for the tens of millions of Americans who will be eligible for a check every money for the rest of their lives for doing nothing if they vote for Democrats and their backdoor socialization plans.
For the rest of us, and that means YOU, we won’t be receiving anything after the last ‘stimulus” bribery scheme is enacted. We’ll be paying for it all in the form of higher taxes and outright wealth grabs.
We’ll be paying the interest tab on the real cost of Modern Monetary Theory, the side door into socialism.
Where else did stimulus money go? You won’t believe it. But I’ll tell you.
And I’ll tell you the only way to save yourself from the black hole we’re headed into.
Newsflash, you won’t be able to earn your way out of it. You’re going to have to invest your way out of it.
And I have the plan for you.
It’s called the 2021 Financial Freedom Action Plan, and in it I dive into the impending Biden-Harris Wealth Wipeout, and how it’s set up to devastate the money you’ve worked so hard for…
And put it right into the pockets of those in power.
Now’s the time to step up, get ready, and fight for what’s yours – before it’s too late.