Who Exactly Is Doing the Looting, and Who's Being Looted?

"Firms That Left U.S. to Cut Taxes Could Qualify for Fed Aid": "Companies that engaged in so-called corporate inversion transactions while maintaining meaningful U.S. operations appear to be eligible for two new programs."

"The K Street Bailout": "Lobbyists already got bailed out, in effect, when corporations got bailed out. This is kind of the ultimate in double dipping; corporations are nursed back to health by the sheer force of Federal Reserve commitments, this allows them to keep their lobbying expenses up, and then lobbyists lobby for free money for themselves."

This looting is having a real-world effect: as half a billion people across the globe could be thrown into poverty and as 43 million Americans are projected to lose their health care coverage, CNBC reports that "America's billionaires saw their fortunes soar by $434 billion during the U.S. lock-down between mid-March and mid-May."

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