If you think corporate welfare is a Republican specialty, think again. According to the LIBERAL Huffington Post, Obama is “the King of Corporate Welfare.” Most of the recipients, like Goldman Sachs, were companies whose pooled executive donations are among his highest and the highest ever received.
Using any of a variety of measures, the Obama administration has broken all records in the distribution of taxpayer dollars to American businesses, primarily banks, automobile manufacturers and insurance companies.
The tidal wave of dollar bills has stunned folks on all sides of the political spectrum.
David Arkush, director of Ralph Nader’s Public Citizen’s Congress Watch, told the Huffington Post, “In the form they have taken to date, the bailouts appear to be classic corporate welfare: As best we can tell, the government is giving astonishing amounts of money to private corporations and demanding far too little in return.”
“Forget corporate welfare,” said Leslie Paige, media director of Citizens Against Government Waste, in an email to the Huffington Post: “We are now seeing full-scale corporate adoption.”
http://www.huffingtonpost.com/2009/04/25/barack-obama-king-of-corp_n_191411.html
http://www.businessinsider.com/henry-blodget-is-obama-in-wall-streets-pocket-2009-4
Even the liberal media is beginning to tell the truth about this fraud who has ROBBED US.
Anita, you’re right, I didn’t expect anything different. I predicted it and told the Democrats exactly what he would do. They denied and denounced me then. And now, with the facts clearly before their eyes, they cannot admit into their heads.