Slipknot, Korn, Smashing Pumpkins and Nickelback have been named in a U.S. Senator Rand Paul’s report highlighting wasteful government spending.
This from msn.com.
Senator Paul (KY-R) has released his annual ‘Festivus Report’—a breakdown of what he considers to be the U.S. federal government’s most wasteful spending in 2023.
In a section titled $200million Ticket to Backstage the report shines a light on financial relief distributed to gig venues and theatres during the Covid-19 pandemic.
The task of distributing some of the funds was handed to the Small Business Administration (SBA).
But according to the Festivus Report, the SBA distributed $200m to bands who were classed as “small business owners.” Slipknot were awarded just under $10m, Smashing Pumpkins got $8.6m and Korn received $5.3m.
Slipknot’s Knotfest festival was awarded just over $1m.
In an apparent swipe at everyone’s favorite whipping boys Nickelback, Rand said:
Even Nickelback received $2million.
He continued:
While some may claim these funds were used to keep supporting staff, artists were not required to do so, and we have no way of determining how these blank checks were used.
These multi-millionaire musicians were cashing checks, instead of the intended recipients—America’s small businesses.
The relief funding guidelines outlined that applicants were eligible to receive 45% of their 2019 gross revenue up to $10m.
Rand’s report highlighted $900 billion in federal waste in 2023.
NOTE: Festivus is a secular ‘anti-holiday’ marked on December 23. It entered the mainstream in 1997 after it was the focus of an episode of smash hit sitcom Seinfeld.
Final thoughts: Our admission has already been paid. Concerts for everyone!
