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More Obama Porkulus Fraud Revealed

BEGIN TRANSCRIPT

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's sexual history."

Now, I'm not gonna read the rest of this because it's 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's Porkulus money went.  Better late than never, I guess.  It's 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. 

Did you know, I had this in the stack yesterday.  Let me check and see if I kept this.  They did a study on studies.  They actually spent money to find out about studies.  I am not making it up.  I don't know what's shovel-ready about erectile dysfunction, but clearly in the Obama regime something is, and that study, which cost $250,000, was to see if losing weight would help men who had erectile dysfunction problems.  You know, for that I'd take the money and lie to 'em.  It doesn't matter.  I remember a long, long time ago, back in the seventies, I worked in Kansas City, and it was discovered that they had spent some incredible, for back then, amount of money, in the millions, to study whether or not Eskimos still swap wives.  For 10% of that money, I would have blown the whistle on Overland Park, Kansas. 

But this was stimulus money.  In addition, "Hundreds of millions of dollars meant to provide a little relief to the nation’s 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’s 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’s debts."

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's 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's 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. 

The money has already been diverted to, quote, unquote, plug state budget gaps, which means it's going to public sector unions, since the biggest gap in any state's 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. 

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's shocking, except that seems to be where all the money from Obama's brilliant schemes always end up.  Probably just a coincidence, right?  I kid you not. 

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't 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. 

So here's what's happening.  I don't know how else to say this.  Obama will go on television, he'll make a heart-tugging speech about the difficulties people are facing even while our economy is recovering. (imitating Obama) "There are some who are being left out.  It is unfair, the policies that were left over from the Bush administration, my predecessor, worse than we knew.  Some people have been foreclosed on who shouldn't have been.  Today I'm announcing a program that will provide assistance to these people and help them stay in their homes," and that's just for people who were foreclosed on.  Then there's other special interest group suffering some economic plight that Obama has a program for.  He announces it all on television.  The media amplifies it.  The message is: What a great guy, what a compassionate guy.  This is a guy who cares about people. 

So, as far as anybody's concerned, people who've been improperly foreclosed on are gonna get help, and that's the last anybody's 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's doing is creating slush fund after slush fund that's going to his union people.  Now, don't forget the circuitous route this money takes.  A great percentage of the money given to unions ends up back with the Democrat Party.  It's one of the cleverest money laundering schemes I've ever seen. 

It finally became clear to me during this brouhaha in the state of Wisconsin.  It's 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't get laid off.  Public sector union people primarily, but private sector as well.  And the reason Obama doesn't want those people fired is because they pay dues on their salaries. 

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's 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's coffers, laundered through the unions under the guise of bailing out people who have been foreclosed on in this case.  That's how it works.  Yeah, there's an ideological tie to the unions.  I mean socialists hang together. 

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't have the money to keep the teachers employed or whoever else, whatever other union worker's employed, no problem.  We'll have a new program, Porkulus program or whatever, Stimulus 2.  Guess what?  We're gonna help an aggrieved group, and the money always ends up with unions.  They never lose their jobs.  They never get canned.  They don't get laid off.  I mean, some do.  This is not a hundred percent effective.  They can't 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's all because those public sector people pay dues, and that money goes back Democrat Party.

I don't know what the percentage would be, let's 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's ten, 20% they wouldn't have, but it's free money.  They're just raiding the Treasury for it.  The states are not paying the money from state tax collections.  They don't have the money.  California's $16 billion in debt.  They're getting this from the federal government.  It's a series of slush funds, laundering money through unions so that the Democrat Party always has campaign contributions flowing in. 

I'm just a little surprised that the New York Times uncovered this.  They don't go into the money laundering angle.  They just point out that five big banks were shaken down for $25 billion because they had improperly foreclosed on their customers, and Obama thought that wasn't right.  He was gonna help those people out.  So they get the 25 bill, they send it to the states. The states are supposed to find the people who got screwed and help 'em out, except the money goes to the public employee sector unions.  I just told you why.  It's not 'cause Obama loves unions, although he does.  It's not because Obama has some affinity for that kind of work.  It's not because Obama thinks they're downtrodden, taken advantage of, and all that.  It's because it's a way of getting money. 

It's always all about the money, for everybody in politics.  Democrats, liberals want to convince you that they don't care about the money, they're doing it for the hearts and the compassion and all that.  And it's always, always all about the money.

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