Taxpayers continue to pay the bill for cronyism as the debt balloons, the dollar collapses, and our credit rating falls. From the 2008 financial meltdown, the Fannie Mae/Freddie Mac debacle, and multiple pork-laden stimulus bills to auto bailouts, TARP, and easy federal loans for speculative projects, the costs mount. With such a clear pattern of corruption and special deals for contributors and insiders, how could Republicans possibly fail to capitalize on Obama's reckless waste of taxpayer money in rewarding his biggest fundraisers? Republicans can easily throw away the advantage by nominating a candidate with a record of rewarding friends and donors with the spoils of government power. In Texas, bio-tech firm Convergen LifeSciences looks a lot like Governor Rick Perry's Solyndra. Governor Perry manages the Emerging Technology Fund (ETF), providing financial support to companies developing new technology in the hope of creating high-tech jobs. First created in 2005, ETF is made up of regional panels that screen proposals for a statewide advisory panel (all appointed by Perry). ETF dispersed $342 million through....
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