Posted on 07/28/2012 2:35:31 PM PDT by Innovative
President Barack Obama, since taking office, has showered his donors and allies with billions in federal dollars. A steady stream of grants and loans flows from the administration to Obama's political cronies. And taxpayers foot the bill.
Obama treats taxpayer money as his personal piggy bank -- using government checks as multimillion-dollar thank you notes to campaign donors. Taxpayers get nothing in return. Factories close. Jobs go overseas. The unemployment rate remains painfully high. Government debt stands at over $15.8 trillion.
A 2011 investigation found that nearly 200 of Obama's biggest political donors received jobs, advisory posts or federal contracts. The Washington Post reported earlier this year, "$3.9 billion in federal grants and financing flowed to 21 companies backed by firms with connections to five Obama administration staffers and advisers."
(Excerpt) Read more at dyn.politico.com ...
How the Democrats lamblasted Haliburton and Cheney - pot calling the kettle black
Report this to Boehner at once! John will deal with it. . .oh wait. . I forgot. . .he’s busy right now with having to destroy Michelle Bachmann. . . .better send it over to Lindsey Graham. .he get right on it.
Money laundering.
It is the code of honor among thieves that they do not investigate each other. It will always be that way because absolute power corrupts absolutely and they are close to omnipotent.
The only solution is to take away their powers by limiting them to their delegated powers.
President Obama repays donors in tax dollarsThat was one of his campaign promises - people just didn't listen.
The Chicago way...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.