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President Obama repays donors in tax dollars
Politico ^ | July 27, 2012 | REINCE PRIEBUS

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 ...


TOPICS: Crime/Corruption; Editorial; Government; Politics/Elections
KEYWORDS: corruption; elections; fascism; obama; obamacorrupt; obamacronies; taxes
Just wait until his second term...
1 posted on 07/28/2012 2:35:45 PM PDT by Innovative
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To: Innovative

How the Democrats lamblasted Haliburton and Cheney - pot calling the kettle black


2 posted on 07/28/2012 2:47:38 PM PDT by YukonGreen
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To: Innovative

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.


3 posted on 07/28/2012 2:48:49 PM PDT by McBuff
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To: Innovative

Money laundering.


4 posted on 07/28/2012 2:58:15 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: McBuff
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.

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.

5 posted on 07/28/2012 3:05:31 PM PDT by oldbrowser (As long as Obama's records are sealed, any discussion of Romney's past is off limits.)
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To: freekitty

6 posted on 07/28/2012 3:18:09 PM PDT by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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To: freekitty

7 posted on 07/28/2012 3:19:06 PM PDT by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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To: Innovative
Here are 79 examples of Barack Obama’s corruption, lying, lawbreaking, and cronyism.
8 posted on 07/28/2012 3:44:00 PM PDT by grundle
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To: Innovative
President Obama repays donors in tax dollars

That was one of his campaign promises - people just didn't listen.


9 posted on 07/28/2012 6:16:56 PM PDT by Iron Munro ("Jiggle the Handle for Barry!")
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To: Innovative
Obama treats taxpayer money as his personal piggy bank -- using government checks as multimillion-dollar thank you notesto campaign donors..

The Chicago way...

10 posted on 07/28/2012 8:47:22 PM PDT by GOPJ (Political correctness is simply George Orwell's Newspeak by a non-threatening name. FR- Bernard Marx)
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