The list of recipients range from dental practices to cash for clunkers, real estate companies and Pell education grants for Texas State U
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Thanks to an alert reader, we accessed this file, http://projects.propublica.org/recovery/locale/texas/hays from ProPublica, which is tracking federal stimulus funding across the country. These are contracts, grants and loans from a laundry list of federal agencies thus far totaling $312.7 billion. Through March, 2010, Hays County has received $94,558,952, while the State of Texas has received $18.7 billion – you know, that socialist government money Gov. Rick Perry said he wasn't going to take.
Two such small business loans in amounts of $328,000 and $497,000 have made their way to two local dental practices, one in Wimberley and one in Dripping Springs. Dr. Robert D. White of Wimberley said the only good thing about his (SBA) loan for construction of a new dental practice building (soon to open across from the post office) is that the interest rate will be locked in for 20 years at somewhere between 5.5% and 6%. "It was not easy," the good doctor said. "They weren't just handing out money."A sign company, a woodworks business and a pharmacy received $1.2 million in loans. Blue Moon Properties, Ltd., et al, received a $302,000 loan. Buda Huntington Properties Ltd. received a $1,592,897 grant to develop affordable housing.
John Massingill received a $461,786 grant to support a "Small Business Technology Transfer Phase II project (to) change the paradigm that two-phase chemical reactions must use mechanical mixing to be commercially effective."
Eight Hays County Cash for Clunkers participants have received $1.7 million, according to the report, including Chuck Nash, Leif Johnson, San Marcos Auto Sales and JMC Imports, Inc.
All school districts in the county have received several million dollars in grants, Texas State University has received $7,496,104 for its Federal Pell Grant Program, and millions more has poured in for road infrastructure and construction.
The report does not mention the number of jobs saved or created, nor does it enumerate the positive benefits for our college students and car dealerships, advancements in green energy, affordable housing, health care improvements and the like. Ninety four million dollars sure seems like a lot of juice flowing through the local economy. Hopefully the feds, our local officials and business owners will report back when their projects are completed so we can all see and appreciate 'em.
B. Ochoa
6 comments:
Since my dentist is one of the recipients of my tax dollars paying off the principal and interest on the Treasury bonds sold to create the stimulus money, maybe now he won't charge me $1500.00 for a root canal and a crown.
nice that you are printing some real news instead of you're pro Sumter propoganda. It looks like you are trying to make an effort to survive post-sumter. What are you going to do next fall when Ford is gone also? I guess you will have to start reporting real new all the time. Or you can be the just like Rush Limbaugh and b##th about the people in power all the time.
I checked the supplied link and all I have to say is, “Stimulus, my butt”. This is nothing more that a laundry list of welfare spending. Most notable are the $26,711,342.00 (for Hays Co.) in “Very Low to Moderate Income Housing Loans - Guaranteed Single Family Housing Guaranteed Loans” from the Agriculture Department. Here we go again with that tripe, that everybody is entitled to own a home, the same crap that got us into this mess in the first place. Loaning money to people that have bad or no credit is just plain stupid. How many jobs has that created? Possibly some collection agency caller positions. More money down the drain and no jobs to show for it! HEY WASHINGTON ... IT’S OUR MONEY!
BOHICA, the fools in Washington led by their corrupt leader/s are doing it again. While everybody is looking at the diversionary health care takeover, they are busy dismantling our monetary system and destroying free enterprise. Welcome to Amerika comrade.
The free markets simpletons are at it again.
Free enterprise was severely compromised a long time ago when Wal-Mart, Lowes, Home Depot, and Best Buy started spreading their stores all over the place killing the American small business owner and also when the big manufacturing companies starting sending all their manufacturing jobs overseas for cheap labor to bump up stock prices on Wall Street.
Don and the others above hate Obama for all his corporate welfare and his debt creation but probably never made a peep about Bush/Cheney fictionalizing a war that spent 12 billion dollars a month enriching his weapons manufacturers and oil company cronies while killing 4000 + American soldiers and maiming or dismembering thousands more in the process. Yes, these folks are real patriots.
Don, et al., where were all your indignant cries about the massive debt that accumulated under Bush just a couple of years ago? And the stock market crash in 2007-2008 after over six years of Bush.
It is amazing how political bias and an inherent lack of critical thinking can twist around the causes and reasons for the problems American themselves have created just because they can't believe their own rhetoric is flawed and twisted.
One Anonymous says "Those morons in Washington.....". I said that all the time as well when the Bush regime was lying to us everyday about Iraq, about terror alerts, about domestic spying, about the war profiteering, about the mercenary armies looting our taxes, and about the incompetence of his war room. And Bush is the one who turned HUD into a very loose mortgage company, not the Democrats.
Let me ask you so-called conservatives this: Did you do better in the stock market in 2008 under Bush or in 2009 under Obama? Personally, I lost 19% in the stock market during the last year of Bush and made 26% in the stock market in the first year of Obama. If that's how it is, I love socialism.
Come on; let's hear all those angry right wing rationalizations.
Herbert Spencer once said:
The cause of everlasting ignorance is the result of a contempt for investigation.
Hey guys and gals.
The WSFTMB has some of that stimulus money and is starting a school teaching anti-immigrant, anti-Obama, anti-government, anti-public education education for graduates desiring Sales Manager positions at all the used car lots and the Dairy Queens around the country.
We have employment openings as Admissions Director and Student Affairs counselors. As many of you are graduates of similar schools, you're all perfect for these professional positions.
Send your gun, resume and cover letter to Wimberley School for the Mentally Blind, PO Box 666, Wimberley, TX 78676.
WSFTMB doesn't discriminate between birthers, tea partiers, republicans, skinheads, border wall builders, NRA members, white supremacists, reform obstructionists, or free markets fanatics.
Our motto:"If you hate, we teach it."
*This advertisement and the school is approved by the Texas Board of Education.
Anon 1. I, too, have a mouthful of money and few funds in my pocket due to the recession that began 1 full year before Bush left office (Dec. 2007).
But here's good news. We drove to Weslaco in half a day and stayed at the Best Western Palm Aire, a short drive to the border town of Progresso, MX (park on U.S. side for $2).
Thousands of "Winter Texans" live in Texas 6 mos. a year, and it's completely SAFE!!-- thanks to the military presence. And they all have their mouthwork done in Progresso.
I had excellent work done there. I made my own stimulus package.
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