Corporate Welfare King Complains About Socialism; Obama Looks Forward
by Alan Bedenko (@BuffaloPundit) - posted 7:30 am, July 25, 2012
A couple of weeks ago, President Obama gave a speech in Virginia where he somewhat clumsily made the assertion that even self-made businessmen didn’t get successful on their own. They had teachers who inspired them, firefighters and police who protect them, roads that help them engage in commerce, and that ours is a society in which we are somewhat interdependent on each other; i.e., “government” to help private enterprise thrive. It is thus everywhere, despite the current fad among some to denigrate government and everything it does. Fox News is, naturally, at the forefront of this phony nontroversy, even trotting out a couple of little kids to discuss how N0bama is nationalizing their lemonade stand, or something.
So, Mitt Romney – who purports to be a self-made businessman, facts notwithstanding – put out this ad:
Jack Gilchrist, the New Hampshire business owner Romney features in that ad, is right out of Republicanland central casting. He whines that the President is “demonizing” people like him, who, with his father, built his business, “through hard work and a little bit of luck”. Also, the black Kenyan guy doesn’t “believe in America”. So, there’s that.
Yet Jack Gilchrist didn’t just get where he is thanks to hard work, luck, teachers, roads, and civic protection services. He also got there thanks to thousands of socialist government dollars.
In 1999, Gilchrist Metal received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority “to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment,” according to a New Hampshire Union Leader report at the time…
Last year, Gilchrist Metal also received two U.S. Navy sub-contracts totaling about $83,000 and a smaller $5,600 Coast Guard contract in 2008, according to a government web site that tracks spending.
Gilchrist also is a recipient of an SBA loan of about $500,000, with matching funds from the federally-funded New England Trade Adjustment Assistance Center. In other words, Gilchrist got where he is thanks to hard work, a little bit of luck, and over a million dollars in federal and state corporate welfare. Out of all the businesspeople available in the country to use to send this message, Romney’s campaign didn’t even adequately vet their Obama-hating generic middle-aged blue-collar rich guy.
By contrast, in the wake of the Aurora shootings, the Obama campaign took the opportunity to speak frankly to the American people about what’s really at stake in this election, and he also directly addressed Romney’s clumsy rejection of civic society: