Skip to comments.Mexican billionaire making millions from government program that gives poor free cell phones
Posted on 10/11/2012 9:21:09 AM PDT by Zakeet
The richest man in the world, Mexican billionaire Carlos Slim, is making millions in profits from a government program that supplies poor Americans with free cell phones.
Mr Slim, who is worth an estimated $69billion, owns the parent company of both the service provider and phone producer which creates the phones used in the Lifeline program.
The government program was originally enacted under President Reagan's administration in an effort for poor Americans without access to phones to have a way to contact prospective employers, arrange for healthcare, and be in touch with their children's schools.
Republicans have since attacked the program, attributing the sizeable increase in phone recipients over the past four years to President Obama and decrying that it is an example of a wasteful government handout.
The renewed debate over the decades-old program was sparked by a video of a woman in the battleground state of Ohio who said that she and 'everybody in Cleveland, every minority, got an Obama phone. Keep Obama as president. He gave us a phone. He gonna do more.'
(Excerpt) Read more at dailymail.co.uk ...
It is racist for you evil Freepers to complain about this article ... even if it costs you a lot of money ... and bankrolls the Mexican sugar daddy who bailed out the New York Times ... and is pure pork patronage that buys loads of Democrap votes ... cause the program provides an essential service to poor people!
So just how much does Uncle Sam shell out for this on a per phone basis?
Amigos de Obama...
Who ever knew this was making a Mexican rich. Well I guess it beats drugs.
Big time bucks just one phone line at a time.
Poor? Not necessarily. Parasitic? Yes.
Ya Ha........it’s Reagan’s fault. /s
IMHO....ole’ Carlos has got the goods on BammyBoy & Holder about F&F...
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