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mucifer

(23,559 posts)
Sat Jul 11, 2020, 11:29 AM Jul 2020

Propublica: You Can Make Millions Selling Masks to the Government in Three Easy Steps



The filings illustrate how the federal government is essentially providing seed money to ambitious startups, including some run by people previously accused of fraud. Mask brokers interviewed by ProPublica described this basic blueprint:

Step One: Obtain a government purchase order. This has become startlingly easy after the Trump administration cut red tape so agencies could order personal protective equipment from nearly anyone who says they can deliver.

Step Two: Leverage that purchase order to get financing from private investors who can easily command exorbitant returns on a short-term, high-risk bet.

Step Three: Use the cash to buy masks from China.


https://www.propublica.org/article/you-can-make-millions-selling-masks-to-the-government-in-three-easy-steps

Lots more interesting stuff in the article
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Propublica: You Can Make Millions Selling Masks to the Government in Three Easy Steps (Original Post) mucifer Jul 2020 OP
I hate this administration about as much as person can hate. KPN Jul 2020 #1
3a. Have Donald/Jared confiscate (steal) shipments already paid for by others before delivery. keithbvadu2 Jul 2020 #2

KPN

(15,649 posts)
1. I hate this administration about as much as person can hate.
Sat Jul 11, 2020, 11:58 AM
Jul 2020

I used to be all about "love not hate" -- but this administration has taught me that some hate is actually prudent and therefore good.

I plan to vent most of that hate on November 3rd, but I shall likely retain some thereafter to help fuel the accounting for the crimes and punishment.

keithbvadu2

(36,880 posts)
2. 3a. Have Donald/Jared confiscate (steal) shipments already paid for by others before delivery.
Sat Jul 11, 2020, 12:15 PM
Jul 2020

3a. Have Donald/Jared confiscate (steal) shipments already paid for by others before delivery.

3b. Sell those

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