Saturday, July 11, 2015
NJ Grants $1.2 Billion In Public Funds To Firms That Donate To Republicans
Corporations that contributed millions of dollars to the Chris Christie-led Republican Governors Association and other GOP campaigns have received public funding deals worth almost $1.25bn from his New Jersey administration in less than two years.
A review of the 30 biggest corporate subsidies awarded by the state of New Jersey since Christie appointed one of his closest allies as head of the state’s “bank for business” found that 21 went to ventures involving firms that made significant donations to Republicans, or had senior executives who did.
About half made contributions, totalling $1.8m, to the Republican Governors Association (RGA), the organisation that works to elect GOP candidates to statehouses around the US, since Christie became one of its senior officials. The New Jersey governor now chairs the RGA.
Others contributed millions more to Republican committees and candidates including Christie himself; 2012 presidential candidate Mitt Romney, for whom Christie was a campaign surrogate and senior fundraiser; and state senator Joseph Kyrillos, Christie’s former campaign manager.
Entire story at
http://www.theguardian.com/world/2014/jun/26/new-jersey-chris-christie-republican-backers
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2 comments:
"Crony Capitalism".........I wonder how much President Obama and the Democrats have steered to their corporate welfare recipients at the federal level?
Note: We need a modern day Teddy Roosevelt to bust up the marriage of "Big Government & Big Business".
What candidate has the courage to do that in 2016? Frankly, I do not know if one is running?
I understood from the article that funds used to be given out on a fair basis until Christie put his cronie in charge of the program.
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