Wednesday, October 19, 2011

Crony Capitalism at it's best

In 2008, Unions ponied up $283 million dollars of their workers dues for President Obama to get elected, THis bought ALOT of access. In his first year in office, SEIU($85 million in campaign funds) president, Andy Stern was a White House visitor 47 times. More than anyone else. 46 times more than the Director of Central Intelligence. 45 times more than the Chairman of the Joint Chiefs. Obama passed his Stimulus package which included $467 billion to states to shore up their underwater budgets. A gift to public sector union employees, mainly teachers. This one bill put $123 million into the pockets of those unions in dues.

Then came the Teacher bailout in 8/2010. A $26 billion measure that would "save" 400,000 teachers jobs. This added another $21 million to the unions deep pockets. Now the President is proposing a $447 billion "jobs" bill that repeats the same failed actions of the previous bailouts. Another proposed $83 billion to public sector union employees, which, if passed will generate another 474 million into the unions pockets in dues.

Add to this the $2.4 billion in solar loans to companies that donated to Obama's campaign through a bundler that just happened to be an advisor to the DOE on the "green jobs" initiative.

These actions are all defended by the very same left, that decried Halliburton getting no bid service to troops contracts in Iraq, while refusing to acknowledge that there were only two companies in the world who did that type of work, and the other was French.

Obama's union donors put up over $200 million for him to get the office, and they have gotten in return, $247 million in cash, PLUS 47% ownership of GM, and 40% ownership of Chrysler! NOW THAT IS A PROFIT!

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