Ron Johnson: for corporate welfare before he was against it!
Ron does not believe the federal government is capable of picking ‘winners and losers’ and should not remove capital from the private sector to create more government programs and jobs, which are unsustainable.
But while Ron Johnson’s U.S. Senate website says one thing, back in the 1980′s Ron Johnson was presumably singing a different tune, accepting a $2.5 million government bond issued by the city of Oshkosh – a bond that charged below-market interest rates and that allowed PACUR, Johnson’s company, to expand its facility. So when Ron Johnson may say he has “never lobbied for some special treatment or for a government payment” he’s clearly not telling the whole truth.
So there’s really one important question that needs to be answered: is the real Ron Johnson the Ron Johnson who gladly accepted a government handout to benefit his business – thus making his company a ‘winner,’ or is the real Ron Johnson the Ron Johnson who rails against government picking ‘winners and losers’?
5 Responses to Ron Johnson: for corporate welfare before he was against it!
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ROJO not tell the truth….i am shocked!
[...] Blogging Blue – Ron Johnson: for corporate welfare before he was [...]
[...] Blogging Blue – Ron Johnson: for corporate welfare before he was against it [...]
This “below market interest” you’re putting out there as if it’s damning evidence, a sweetheart deal to the company…The bonds are sold to private investors. The principle and interest is paid by the company to the investors. The government acts simply as a facilitator. It’s not remotely a loan.