RSSAhhhh MORE Socialism!
J.J. Jackson* | September 8, 2005 |
No sooner do I finish with the article about Georgia businesses robbing the federal government than I come across THIS one also by an Associated Press Writer (Marc Levy) about businesses in my home state of Pennsylvania gaming the system as well.
In the name of helping businesses hurt by the Sept. 11, 2001, terrorist attacks, the federal government approved nearly $111 million worth of loan guarantees and low-interest loans for a motley mix of Pennsylvania enterprises, including doughnut shops, a bowling alley, an exercise gym, a flour mill and a tree nursery.
further that
A $1.5 million SBA loan guarantee helped Vasant Patel buy three Dunkin’ Donuts shops in Reading while Bill Reese got a $997,000 federally backed loan to buy a bowling alley near Allentown. The owners of a Thorndale gym and Pennsburg-based tree nursery said they used the money to expand their businesses and refinance existing loans.
Hmm…expanding a business? Buying new properties? Doesn’t sound like they were negatively effected at all does it? One doesn’t expand if they are struggling!
According to the article, these owners “did not recall lenders or the SBA asking about how they were affected by the attacks.” So it is possible that what we have here is a government “make work” project filled with bureaucrats with tons of money that they “had” to give away to justify their miserable existence. Time is going to tell on this one by dear God, the federal welfare state knows know boundaries. Anyone want to show me where in Article I, Section 8, this kind of “assistance” is granted as a power to the government? Anyone? PLEASE! Someone step up to the plate and try to defend it Constitutionally!
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