Stimulating Fraud
Charles Hurt points out that the “stimulus” is, in fact, a Ponzi scheme – crooked as hell and they are telling lies to boot:
Take one of this year’s most astonishingly successful federal-stimulus contracts touted on the administration’s Web site, a grant for a Head Start program in Danville, Va.
With less than $35,000, the Obama administration managed to create or save 50 jobs in Danville, they boast.
No one was more mystified by this claim than the man who keeps the books for the Community Improvement Council, which won the federal grant.
“It hasn’t created jobs, but it’s helped improve 50 jobs,” Roy Garner explained.
The money has gone for staff training, pay raises and playground repair.
Wanting to be helpful, Garner added, “It’s helped prepare 50 people for keeping their jobs.”
But asked if any of the jobs were on the chopping block before the federal government arrived on the scene with all our money, Garner replied simply, “No.”
In other words, they are not telling the truth about this grant and the jobs it “saved”. Want to bet that the rest of the grand results are also highly embellished? State governments are beginning to bleed right now, many are making brutal budget cuts. A contributing factor to that is the money drained by the “stimulus” out of capital markets.
Democrats, Economy, Obamantics | Gaius October 16, 2009
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By Sam L., October 17, 2009 @ 8:08 am
Not that many of us are surprised by this.
By ropelight, October 17, 2009 @ 11:16 am
Obama lied, Uncle Sam died.