By Rick Adamson 7.2.13
© 2013 Rick Adamson
It is normal for people who need help or cooperation of
others to be kind to those who can provide the help. It is normal for those needing help to
cooperate with those whose help is needed.
For example, you want to add an additional room to your
house but need approval from your subdivisions architectural committee. Let’s say your next door neighbor is head of
the committee. It would be normal to
make your desires known to your neighbor.
It is also normal to offer to assist your neighbor to accomplish his own
endeavors in any sensible way you could.
However, if you installed a swimming pool for your neighbor
and paid for it with your employer’s credit card that would not be normal. In fact, that would be illegal.
Unfortunate, President Obama and many of our politicians
routinely operate in a manner describe in the preceding example. But, rather than using a credit card they use
taxpayer money. Just look at the case relating
to the recently passed immigration bill.
Votes were bought in exchange for pork projects for certain Senator’s
States. See article here.
And the Solyndra case where the Government issued $535 million
in loan guarantees and structured the deal so that, in the case of failure,
certain major investors in Solyndra (who also happened to be major fund raisers
for Obama) could get their investment back before the Government’s money could
be returned. See article here.
The Government has also issues loan guarantees to several
other green energy companies that have failed.
As an additional example, think about the $700 Million no bid
contract given to CGI (a Canadian company) to build the Obamacare website. It failed to work. Moreover, many additional untold millions have
been spent since October 1, 2013
in an 24/7 effort to fix it. Where did that money come from?
One should ask themselves what business the government has
tying to pick winners and losers by directly loaning or guaranteeing loans for
certain selected businesses. Our system
has provisions for funding viable entities including bank loans, equity markets
and venture capital companies.
These types of activities happen on a daily basis and are a
disgrace. They clearly show that
politicians have little regard for taxpayer’s money.
Judicial Watch Announces List of Washington’s “Ten Most Wanted Corrupt Politicians” for 2012
Judicial Watch Announces List of Washington’s “Ten Most Wanted Corrupt Politicians” for 2012
