Friday, June 18, 2010

Stimulus Used To Pay Off Wealthy Indians

Why would the Obama regime give $54 million in stimulus funds to an Indian casino that was earning a billion dollars a year?

With the support of Sen. Chris Dodd, D.-Conn., the federal government has awarded $54 million to Connecticut's politically well-connected Mohegan Indian tribe, which operates one of the highest grossing casinos in the U.S.

The tribe runs the sprawling Mohegan Sun casino, halfway between New York City and Boston, which earned more than $1.3 billion in gross revenues in 2009. Each tribe member receives a cut of the profits, a number a tribal official said was "less than $30,000" per capita per year. The stimulus money is a loan from a U.S. Department of Agriculture rural development program that is meant to help communities of less than 20,000 people that have been "unable to obtain other credit at reasonable rates and terms and are unable to finance the proposed project from their own resources."


Well, we know from history that Christopher Dodd is getting a piece of the action.

1 Comments:

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4:34 PM  

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