https://www.economicpolicyjournal.com/2020/04/this-is-how-covid-19-panic-is-being.html

I have written often that when there is a central power those who are close to the power benefit.

The COVID-19 panic is creating the potential for all kinds of crony opportunists for Washington D.C.  power players.

Consider this.

A week-old firm is now claiming it is the “Largest Global COVID-19 Supplier Network.”

The PEU Report informs:

Blue Flame [Medical LLC] was formed Monday, March 23, 2020 as a Delaware corporation.  It bills itself as the “the largest global network of Covid-19 medical suppliers.”  How can that happen in a week?

“In politics – especially if you’re at a high enough level – you are one phone call away from anybody in the world.” — John Thomas, President

“I have relationships with a lot of people.”– Mike Gula, CEO

Blue Flame’s website had information on these two opportunists.  One, Mike Gula, is a political fundraiser:

Thomas declined to specify how he and Gula had managed to obtain masks that have become so rare that some hospitals have resorted to reusing them or having health care workers tie bandannas or scarfs around their faces. “It’s just relationship-based,” he said. “I can’t say anything else.”

He also declined to reveal how much money the pair had made but said they were not price gouging.

“We are incredibly sensitive to gouging,” he said.

–RW

Be seeing you