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RUSH: From the San Francisco NBC affiliate: “Stimulus dollars were used to fund studies into erectile dysfunction. The NBC Investigative Unit has raised questions about two grants totaling nearly $1.5 million dollars distributed to the University of California San Francisco. The money was part of the federal stimulus program and went to studies into the erectile dysfunction of overweight middle aged men and the accurate reporting of someone\u2019s sexual history.”<\/p>\n
Now, I\u2019m not gonna read the rest of this because it\u2019s a pretty poorly written article. But in a nutshell, so to speak — he-he-he-he-he — in a nutshell, the San Francisco NBC affiliate has been looking deep into where some of Obama\u2019s Porkulus money went. Better late than never, I guess. It\u2019s only three-and-a-half years after the fact. They have uncovered stimulus money was used to fund two studies, University of California San Francisco. The first study was how to make people more honest in reporting their sexual history. <\/p>\n
But this was stimulus money. In addition, “Hundreds of millions of dollars meant to provide a little relief to the nation\u00c2\u2019s struggling homeowners is being diverted to plug state budget gaps. In a budget proposed this week, California joined more than a dozen states that want to help close gaping shortfalls using money paid by the nation\u00c2\u2019s biggest banks and earmarked for foreclosure prevention, investigations of financial fraud and blunting the ill effects of the housing crisis. California was awarded more than $400 million from the banks, and Gov. Jerry Brown has proposed using the bulk of that sum to pay the state\u00c2\u2019s debts.”<\/p>\n
This is so typical. Twenty-five billion the Obama administration managed to shake down from five banks. It was supposed to go to people who were improperly foreclosed on. It was one of Obama\u2019s multiple mortgage foreclosure assistance programs and it instead went to state public sector unions. When you read a story that the governor, like Jerry Brown in this case, wanted to use it to pay the state\u2019s debts, what that means is he took that money that was intended to help citizens in California who had been foreclosed on and he gave the money to the unions, which is probably what Obama intended from the get go. This settlement, which was the second largest in history after the tobacco shakedown, was only reached in February. You may not have even heard about this, but they shook some banks down for $25 billion, much like they shook down BP. <\/p>\n
The money has already been diverted to, quote, unquote, plug state budget gaps, which means it\u2019s going to public sector unions, since the biggest gap in any state\u2019s budget is their payout to union members, either in salaries or pensions or health care programs. Now, according to this story, which is in the New York Times, ” Only 27 states have devoted all their funds from the banks to housing programs.” This is sort of like all the money from the lottery is supposed to go to education. All of this money is going to the unions. All of it is going to union public employee pension plans or what have you. <\/p>\n
In Texas, $125 million went straight to the general fund. It was not supposed to go to the general fund. It was supposed to go to individuals who, according to the regime, had been improperly foreclosed on by these evil banks. “Missouri will use its $40 million to soften cuts to higher education. Indiana is spending more than half its allotment to pay energy bills for low-income families, while Virginia will use most of its $67 million to help revenue-starved local governments.” Now, notice that in all of those states except for Indiana, the money is going straight to unions. I would say that it\u2019s shocking, except that seems to be where all the money from Obama\u2019s brilliant schemes always end up. Probably just a coincidence, right? I kid you not. <\/p>\n
From the Porkulus bill — and you remember some of the horror stories there. In fact, even after Porkulus, there was Porkulus 2 that was dedicated, state of California, to go to teachers and the education system so that teachers wouldn\u2019t be laid off. And instead the state did not use it for that purpose. It applied it to pension payments, to the pension plan later on down the road, years down the road. There was never any intention to use this money as allocated. And that seems to be the rule rather than the exception. <\/p>\n
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So, as far as anybody\u2019s concerned, people who\u2019ve been improperly foreclosed on are gonna get help, and that\u2019s the last anybody\u2019s heard about it, until today, when we find out that in the case of the bank shakedown, the money is going to unions. And nobody ever knows. So Obama gets credit publicly for compassion and wanting to help people out who have fallen on hard times, and all he\u2019s doing is creating slush fund after slush fund that\u2019s going to his union people. Now, don\u2019t forget the circuitous route this money takes. A great percentage of the money given to unions ends up back with the Democrat Party. It\u2019s one of the cleverest money laundering schemes I\u2019ve ever seen. <\/p>\n
It finally became clear to me during this brouhaha in the state of Wisconsin. It\u2019s been going on for a long time. I just never figured it out. But what happens is this. Obama comes up with a program to help the disadvantaged or the downtrodden or whatever, announces the plan, the money goes to state agencies to distribute, it goes to public sector unions, who do what? They stay employed. The whole point is to make sure that in this dire, down economy union people don\u2019t get laid off. Public sector union people primarily, but private sector as well. And the reason Obama doesn\u2019t want those people fired is because they pay dues on their salaries. <\/p>\n
So the money leaves Washington, it ends up keeping union people employed. They pay dues on the money that their salaries are coming from, and that dues money then ends up as contributions to the Democrat Party. It\u2019s a way for Obama to raid the Treasury and have the money take a circuitous route and end up back in his coffers or the party\u2019s coffers, laundered through the unions under the guise of bailing out people who have been foreclosed on in this case. That\u2019s how it works. Yeah, there\u2019s an ideological tie to the unions. I mean socialists hang together. <\/p>\n
But the point of all of this is to make sure that in this down economy, union people hold onto their jobs. If the states don\u2019t have the money to keep the teachers employed or whoever else, whatever other union worker\u2019s employed, no problem. We\u2019ll have a new program, Porkulus program or whatever, Stimulus 2. Guess what? We\u2019re gonna help an aggrieved group, and the money always ends up with unions. They never lose their jobs. They never get canned. They don\u2019t get laid off. I mean, some do. This is not a hundred percent effective. They can\u2019t raid the Treasury to help and save every union job, but I guarantee you, people being laid off and fired in the private sector, a greater percentage there than in the public sector. And it\u2019s all because those public sector people pay dues, and that money goes back Democrat Party.<\/p>\n
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<\/a>I don\u2019t know what the percentage would be, let\u2019s take a round number, $10 billion from the Treasury to the state of California that ends up in union hands. How many of that ten billion comes back to Obama, what, ten, 20%? It\u2019s ten, 20% they wouldn\u2019t have, but it\u2019s free money. They\u2019re just raiding the Treasury for it. The states are not paying the money from state tax collections. They don\u2019t have the money. California\u2019s $16 billion in debt. They\u2019re getting this from the federal government. It\u2019s a series of slush funds, laundering money through unions so that the Democrat Party always has campaign contributions flowing in. <\/p>\n