Thursday, February 16, 2012
Shovel-ready stimulus projects never completed
From NBC:
Three years after President Barack Obama signed the controversial $780 billion American Recovery and Reinvestment Act, projects that were approved for millions of stimulus money in 2009 and 2010 languish in the “not started” category of government data, NBC New York's I-Team has found.
The goal of ARRA was to inject money into the economy, much of it on so-called “shovel-ready” projects, and to ultimately create jobs and reverse or stop the deepening recession.
But as of February 2012, more than 200 approved projects totaling more than $200 million in New York, New Jersey and Connecticut are still listed as "not started," according to data analyzed by the I-Team in partnership with ProPublica.
6 comments:
All too often stimulus $ attracted the usual pigs to the trough. Check this out: Staten Island's "Concrete Terminal" was awarded our tax $$s - those dollars went to South America. No work has been done (just signs and securing the site). The Congreeman, Michael Grimm, does not respond to requests for an accounting. Yeah, our tax dollars at play.
200 approved projects totaling more than $200 million in New York, New Jersey and Connecticut are still listed as "not started,"
So where is the money ? Hard to believe it's in a bank somewhere collecting interest.
The "stimulus" was all about paying off public employee unions. The money that actually left government accounts went into the pockets of public employees (teachers, bureaucrats, fire, police, etc.)
Where is the money?
Anonymous # 1 ~
Is a Congreeman the same as a (US Navy) Corpse-man, as described by President Obama ?
the left wing is beginning their opposition warfare against the G.O.P.,because of the 2012 election.
ABC RADIO,770 AM at the hour network news is demonizing Grimm (G.O.P. S.I.)in order to receive government subsidies for WIND FARM ENERGY in the Brooklyn Area.
Wind Farm Energy ,according to Boone Pickens who spent his own $100,000,000. to develop this source, states that it is too expensive for Americans to afford to buy. OBAMA GOV'S subsidy of solar,wind, electric auto industries with taxpayer backed loans are a GREEN/Dem.Party money laundering scam for obama's re election in 2012. most of the owners were and are bundlers for him.
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