Source: Other Words

Monty Bennett was just another faceless right-wing millionaire on the long list of high-dollar donors to Donald Trump — until he suddenly surfaced in April as the nation’s biggest bagger of government cash in the emergency Paycheck Protection Program.

Bennett got $76 million from this fund meant to help small businesses keep people employed in today’s pandemic shutdown of the economy. But there’s nothing mom-and-popish about Monty’s business.

Operating through a maze of tightly interwoven financial trusts and corporate subsidiaries, Bennett runs a sprawling, Dallas-based conglomerate named Ashford Inc. that owns and operates 130 hotels and luxury resorts all across the country, including the Marriott Beverly Hills and the Ritz-Carlton in the Virgin Islands.

How does a multibillion-dollar empire get such payments while legitimate small businesses are shut out? The old-fashioned way: By paying lobbyists and lawmakers to rig the rules to let corporate thieves raid the treasury.

A major donor to Trump and GOP congress critters, Bennett pressured them to punch a special interest loophole in the program, decreeing that while a big business cannot apply for payments, each “unit” of a big business can.

So… gotcha!

In early April, before most of America’s Main Street enterprises even knew relief was available, Ashford’s squad of manipulators were running all-night sessions for each of the hotels it owns, getting them to rush out “individual” applications. This twisting of the PPP fund made the slick hotelier King of Bailout Hill, having scooped up 339 times more than the average applicant received.

In addition to stiffing small businesses, Bennett balked at the requirement that the bulk of taxpayer dollars be used to maintain the paychecks of Ashford’s hotel employees. Instead, he loudly insisted that government aid should be available to bolster corporate owners — i.e., him.

Did you know that “boss,” spelled backwards, is double-S.O.B?


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Jim Hightower has been described as that rarest of species: "A visionary with horse sense and a leader with a sense of humor." Today, Hightower is one of the most respected "outside Washington" leaders in the United States. Author, radio commentator and host, public speaker and political sparkplug, this Texan has spent more than two decades battling Washington and Wall Street on behalf of consumers, children, working families, environmentalists, small business and just-plain-folks. Right out of college, Hightower went to work as a legislative aide to Texas Senator Ralph Yarborough, a tireless liberal/populist stalwart in a cranky, often conservative state. In the early 1970s he headed up the Agribusiness Accountability Project, writing several books and testifying to Congress about the human costs of corporate profiteering and the value of sustainable, healthy, cooperative farming. From 1977 to 1979, he edited the Texas Observer, a thorn in the side of Texas Neanderthal politicians and a hotbed of first-rate journalism. In 1982, Hightower was elected Texas Agriculture Commissioner and then re-elected in 1986. The statewide post gave him a chance to fight for the kinds of policy and regulatory initiatives on behalf of family farmers and consumers he had long advocated. It also gave him visibility in national political circles, where Hightower became a prominent supporter of the Rainbow insurgencies within the Democratic Party in the 1984 and 1988 elections. In 1997 Hightower released a new book, There`s Nothing In The Middle Of The Road But Yellow Stripes And Dead Armadillos. Hightower continues to produce his highly popular radio commentaries and to speak to groups across the country. His newest venture is a monthly action-newsletter, The Hightower Lowdown, which will provide his unique populist insights into the shenanigans of Washington and Wall Street -- offering subscribers timely information, arguments and language to use in battling the forces of ignorance and arrogance. HIGHTOWER RADIO: Live from the Chat & Chew, a radio call-in show, debuted Labor Day, 1996, and continues to be a success with over 70 affiliates nationwide. This show includes a live audience, musicians, guests, and callers with a progressive populist perspective unheard anywhere else on the airwaves. Updates and more details about Hightower and his projects can be found on the World Wide Web at http://www.jimhightower.com.

 

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