Thursday, January 28, 2010, 5:27 PMJim HoftIt’s Called Crony Capitalism.
Obama mentioned a company last night that actually had created jobs thanks to the (failed) democratic Stimulus bill.“The plan that has made all of this possible, from the tax cuts to the jobs, is the Recovery Act. That’s right – the Recovery Act, also known as the stimulus bill. Economists on the left and the right say that this bill has helped save jobs and avert disaster. But you don’t have to take their word for it. Talk to the small business in Phoenix that will triple its work force because of the Recovery Act.”
Of course, like the bogus insurance fraud examples he shared at his last health care speech to Congress, there is more to this story, too.
The democrats gave $100 million to a company owned by prominent democratic donors who have created only 15 jobs so far with the stimulus money. And the company’s owner got to sit with Michelle Obama at the SOTU last night
Thursday, January 28, 2010
Obama's donors
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