Mostly sunny today with a little breeze, more so towards the peninsula, sso and Half Moon Bay which is holding up temperatures a little bit. A system on the way for the weekend and there is more that with two pieces of it and heis did a little below average but still okay before the big weekend change. And on this friday Sal Castaneda is here and good morning. Good morning sir, happy friday and here we are with not a lot to say which is good, when we open up the morning if you do have to go to your job at your essential workplace it does look good, san mateo bridge traffic you do see people are out but not very many on a friday heading out to the other side. No major issues on 880 or 580 on the east bay and i will look at know if anything is happening but now bathis morning, at 5 30 the Us Labor Department will release the monthly jobs report or march and it is expected to show a fraction of the economic devastation caused by the coronavirus the employment numbers were collected in the
the pandemic. this is a story that unfolds in three parts. first, the fraud. just yesterday we learned that nearly 400 department of homeland security employees took pandemic unemployment aid, even though they were working. this is just a tiny fraction of the massive and brazen covid theft that has incurred since the government started doling out billions in so-called relief. the official who was in charge of overseeing the distribution of the belief has called this the biggest fraud in a generation. it was the theft of as much as $80 billion or about 10% of the $800 billion it was handed out in that paycheck protection program. that s on top of the 90 billion to 402 billion believed to have been stolen from the 900 billion covid unemployment relief program, that is a lot of money. the second part of this story surrounds the title wave of inflation but all of this unchecked spending and the fraud actually caused. the adverse effects of pumping trillions into the u.s. economy
the pandemic. this is a story that unfolds in three parts. first, the fraud. just yesterday we learned that nearly 400 department of homeland security employees took pandemic unemployment aid, even though they were working. this is just a tiny fraction of the massive and brazen covid theft that has incurred since the government started doling out billions in so-called relief. the official who was in charge of overseeing the distribution of the belief has called this the biggest fraud in a generation. it was the theft of as much as $80 billion or about 10% of the $800 billion it was handed out in that paycheck protection program. that s on top of the 90 billion to 402 billion believed to have been stolen from the 900 billion covid unemployment relief program, that is a lot of money.
the 800 billion handed out and covid cash known as the paycheck protection program was stolen. that sovid on top of the 90 biln to four hundred billion. it s a big scandal believed to have been stolen from the nine hundred billion dollar covid unemployment relief program. now that st just the tip of the iceberg. we allt the know that we knew that in the beginning that this was going to be a honeypot for scam congressmen, not one mores. penny should be spent on the covid issue until this fraud is fullyer investigated. the government claws somenms of this money back . well, yeah, t i think about two hundred and fifty billion lost or stolen. three hundred billion of covid money that s out there that s unspent. so labor wants to spend tha sped twenty two billion more and that doesn t even count the five point eight trillion dollar budget he just introduced which oh by the way had record taxing historic tax increases in that budget.
Jul 16, 2021
Criminal Investigation into Misappropriation of Unemployment Relief Funds
A criminal investigation is underway by the Belize Police Department to determine whether anyone is legally responsible for the misappropriation of public funds from the Labor Department. Those monies were disbursed via deposits into the accounts of workers who had lost their jobs during the COVID-19 pandemic, but many of those who qualified for government assistance did not receive the biweekly cash deposits and top-ups. That financial aid was administered through the Unemployment Relief Program. A subsequent review carried out by the Audit Department reveals that the monies were embezzled through various means by employees of the Labor Department who were entrusted with carrying out the disbursements. News Five reached out to Chief Executive Officer, Valentino Shal from the Ministry of Labor. In responding to our query, Shal said, “while this matter occurred before we took offic