Wednesday, July 25, 2012

FORTUNATELY, THEY HAVE MORE DOPES

The guy in a Romney ad that attacks Pres. Obama for claiming that we all owe others something for our success turns out to have been given a lot of loans by government agencies. From The Raw Story:
Reporting by The New Hampshire Union Leader disputed this claim by looking into Gilchrist’s history, revealing that he took over $1 million in government loans since the 1980s, including $800,000 in tax-exempt bonds issued by the New Hampshire Business Finance Authority to build a new manufacturing plant and buy equipment. Gilchrist also admitted to the paper that he took a U.S. Small Business Administration loan of “somewhere south of” $500,000 in the 1980s, and said that to this day about 10 percent of his business comes from defense-related projects.

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