Two more of the Obama administration’s crony corruption cheats are crumbling. These are but two of the lower profile Obama crony enrichment schemes that will need to be eliminated should we get a Republican administration after next November, and indicative of schemes we must be sure to expose should any Republicans try their version of crony capitalism.
I’ve often written about the scheme to tax tourists to the US to subsidize the highly profitable US tourism industry, companies like Disney. My exposes led to a 7,000 word expose in the Washington Post that scuttled the legislation, that is until President Obama and his heavily Democrat Congress took power after the 2008 elections. Then, the legislation was passed and signed. The leaders of this tourism travesty were heavy contributors to the Obama campaign. I last wrote about this boondoggle here (with links to earlier reporting.) The Washington Free Beacon has been keeping up with the story. Here’s its latest (with links to its earlier reporting).
The federal government’s latest taxpayer-funded effort to promote U.S. tourism is dogged by lavish spending, cronyism, and questionable accounting, according to a report released Thursday by two U.S. Senators.
Thermal windows can often add quiet or temperature moderation. But, exaggerated claims for the economic payback of energy efficiency are getting increased Federal Trade Commission attention. What a surprise! Several of the leading offenders are significant Obama contributors who received significant subsidies from the Obama administration’s so-called stimulus and at least one is now a failing business. McClatchy news service:
The FTC actions shine a spotlight on an industry that benefited from millions of dollars in “green” tax credits offered as part of the 2009 economic stimulus, and they reveal some of the pitfalls of zealous marketing, in business and in politics.
For all the caterwauling by Democrats about Bain, there’s no indication of corruption. That finger, actually, points at the Obama administration. But, it is a fair question to candidate Romney what he will do to end crony capitalism within his administration. And, then, let's hold his administration to transparency.
