Why Massie Protested the CARES Bill, Blasted It as ‘Biggest Wall Street Bailout in History’
March 31, 2020 (EIRNS)—While both Republicans and Democrats denounced Rep. Thomas Massie (R-KY) for demanding a recorded vote on the $2 trillion CARES Act, no one bothers to say why he did so. Obviously aware that it was actually $6 trillion, with at least $4 trillion going straight to Wall Street, Massie on the day of the vote, March 27, called it in a tweet “the biggest wealth transfer from common folks to the super-rich (Wall Street and bankers) in the history of mankind. We need a war on the virus, not a war on taxpayers.”
Today, Fox News asked Massie: “You’ve called this the biggest wealth transfer in the history of mankind to Wall Street and bankers. What do you mean by that?”
Massie replied:
“There’s $1,200 checks in this. I think that’s the cheese in the trap. If you take $6 trillion and divide it by 100 million families, that’s $60,000. Where is all that money going? It ain’t going to all the families. You may say there’s a good argument for propping up the banks and Wall Street—and there may be a good argument—but let’s be honest, that’s where most of the money is going.”
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