Thursday, June 16, 2011

"Pig Out" Slush Fund Another Tax Payer Rip -Off



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Its called the Economic Development Administration and was created in 1965. In the spite of a debt crisis, the Senate is currently seeking to increase EDA funding to $500 million a year from $300 million.

Have you seen anything lately that passes with unanimous bipartisan support? Well, this bill passed out of the Senate with unanimous consent.

What does this tell you?


This program is used almost solely to fund "pet project" that have little or no relation to the national interest, or taxpayers interests.

The Wall Street Journal reports,

In April, the bureau reported that it gave a $2 million grant to build a "culinary amphitheater," wine tasting room, and gift shop at the Port of Benton and the Walter Clore Wine and Culinary Center in Richland, Wash. The same month, it gave $1.5 million to promote tourism in the Northern Mariana Islands. In January, it spent $1 million on an "innovation conference center" in Arkansas to promote "cultural enrichment."

Read more about this intentional rip-off of taxpayers, and a slush fund that is used by elected officials to make sure they get reelected so they can continue to "pig out".

Original content Bob DeMarco, Look Beyond the Obvious

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