From The National League Of Taxpayers:
They used to call it graft.
Now they call it crony capitalism and untold millions have been made by those in the know.
A case in point is Richard Blum, billionaire husband of Senator Dianne Feinstein of California:
***When the housing market crashed in 2008, Blum raked in $108 million selling foreclosed homes the government bought.
***In 2012 Blum invested $1 million in green energy company Amyris which only weeks later received $24 million from the Department of Energy.
***While Feinstein was the chair of the Senate Military Construction Subcommittee, $1.5 billion was given to defense contractors, resulting in a $5-$10 million profit for Blum.
This brand of "crony capitalism" may be legal, but it's not right.
But of course, with a government as big and out of control as ours, it could not be any other way.
Big government naturally creates a pool of big spending politicians who tax us in every way possible, and then use that money to make their cronies richer.
That’s why you and I must fight to give the power and the money back to the people, and take it away from tax-and-spend politicians and their cronies.
And why we must say no – no – no to any further expansion of government.
Sincerely,
Gary Paumen, President
National League of Taxpayers
P.S. If you have not already signed your “Just Say No to Debt Ceiling Increases" petition, click here to do so.
And after signing, I hope you will chip in with a special contribution.
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