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Keyword: covidbailouts

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  • Nancy Pelosi Profited as Luxury Napa Resort Won COVID-19 Bailout

    12/20/2024 7:51:49 PM PST · by george76 · 15 replies
    Real Clear Wire. ^ | December 18, 2024 | Leighton Woodhouse,
    The Auberge du Soleil, a five-star hillside hotel and spa with a panoramic view overlooking the vineyards of Napa Valley, appears to be first-rate in all ways but one. While the glamorous resort, an hour’s drive from San Francisco, fills rooms that routinely go for $2,000 a night with A-list celebrities and tech titans, financial records suggest it did not provide much of a return to at least two of its investors – Rep. Nancy Pelosi and her husband, Paul. That changed when it received millions in congressionally authorized COVID-19 relief in 2020 and 2021. he Auberge du Soleil investment,...
  • Non-Profit Hospitals Made Huge Profits During Pandemic While Receiving $23 Billion in Federal COVID-19 Aid: Report

    05/12/2023 8:45:56 AM PDT · by george76 · 12 replies
    Epoch Times ^ | May 12, 2023 | Mark Tapscott
    Federal officials gave more than $23 billion COVID-19 aid to the nation’s top 20 nonprofit hospitals even as a 62 percent increase in their collective net assets led parallel surges in the institutions’ total profits and revenues during the 2018-2021 time period spanning the Coronavirus pandemic, according to a new report. Only two of the 20 institutions have repaid the government for the COVID-19 aid they received. “The 20 largest nonprofit hospitals in the country continued making massive profits while their cumulative net assets soared to $324.3 billion in 2021, up from $200.6 billion in 2018. The year 2021 is...