Special Money for Special Interests

Here is an excerpt from The Speech That Made The One a candidate for president:There's not a black America and white America and Latino America and Asian America; there's the United States of America.Here is the latest on yet another super-sized fund to reward political allies of the Democratic Party-the so-called 30 billion dollar "Small Business Lending Fund" from the Washington Examiner editorial board:The fund would allow the Treasury Department to use $30 billion in taxpayer dollars to throw into community banks -- those with less than $10 billion in total assets. But this money comes with strings attached. Stephen Spruiell of National Review notes that each recipient bank applying for funds would be required to submit a small-business lending plan to "describe how the applicant's business strategy and operating goals will allow it to address the needs of small businesses in the areas it serves, as well as a plan to provide linguistically and culturally appropriate...(Read Full Post)

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