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Posts Tagged ‘corrupt’
May 13th, 2013 at 5:46 pm
Sebelius Already Raised at Least $10.5 Million from Health Industry

On the heels of a Washington Post report that HHS Secretary Kathleen Sebelius is actively soliciting health industry executives for six- to seven-figure “donations” to help publicize ObamaCare, the New York Times reveals how much she’s netted in pledges so far: $10.5 million.

And that’s just from two groups. One is the Robert Wood Johnson Foundation which bills itself as the largest public health philanthropy. It pledged $10 million. The other is the for-profit tax preparation company H&R Block who, according to the Times, “sees a large role for itself in helping low- and middle-income people apply for tax credits that can be used to buy private health insurance.” It promised $500,000 for the propaganda outreach effort.

An unbiased observer could look at this and easily see at least the probability if not the certainty of a quid pro quo arrangement where payment to an HHS-backed initiative now means preferential treatment later.

And remember, these two transactions are only the tip of the iceberg. Once more health industry entities confirm their involvement Sebelius’ project we’ll be able to see which firms will reap the lion’s share of benefits of ObamaCare’s corrupt pay-to-play scheme.

Crony capitalism is alive and well in the Obama Administration.

December 2nd, 2011 at 6:45 pm
Cut Obama’s Crony Loan Programs to Help Balance Budget

Here’s my contribution to the debate on how to cut the federal deficit: Congress should cut the criminally mismanaged loan program administered by the Department of Energy.  Under Secretary Steven Chu’s watch, the department has doled out $535 million to the now-bankrupt Solyndra, with a separate $400 million sweetheart deal to Abound Solar.  Both firms are financially backed by top-dollar campaign bundlers for President Barack Obama’s presidential runs.

Had this program not been in place nearly $1 billion of taxpayer money would not have been parceled out to crony capitalists.  (Add the $548 million steered to Siga Technologies Inc. for a smallpox drug America doesn’t need, and you’re at nearly $1.5 billion to pay for products the private market doesn’t want.)  Is there a Democrat in Congress willing to defend this massive waste of taxpayer money, money that could have been spent to pay down the debt, shore-up Social Security, or extend the payroll tax holiday?

The best reason to get a Republican nominee quickly is so that the broader American electorate can be educated on the enormous amounts of waste, fraud, and abuse inflicted on the nation’s fisc by the Occupiers in the White House.