1776 Coalition :: Your Money Goes to Imaginary Zip Codes

Your Money Goes to Imaginary Zip Codes

February 18, 2010

By: John Stossel, Foxbusiness.com

The politicians claiming to “save” the economy with $787 billion in stimulus cash sure are going about it strangely. Last month blogger New Mexico Watchdog found that the tax dollars were being credited for creating jobs in nonexistent Congressional districts. Other bloggers checked their states’ shares of stimulus funds and found $6.4 billion allocated to 440 “phantom” Congressional districts.

Now comes a new report of waste:

Closer examination of the latest recovery.gov report for New Mexico shows hundreds of thousands of dollars sent to and credited with creating jobs in zip codes that do not exist in New Mexico or anywhere else. Moreover, funds reported as being spent in New Mexico were given zip codes corresponding to areas in Washington and Oregon.

The recovery.gov site reports that $373,874 was spent in zip code 97052. Unfortunately, this expenditure created zip jobs. But $36,218 was credited with creating 5 jobs in zip code 87258. A cool hundred grand went into zip code 86705, but didn’t result in even one person finding work.

To continue reading: http://stossel.blogs.foxbusiness.com/2010/01/05/your-money-goes-to-imaginary-zip-codes/

No comments yet - you can be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep the Fake News Media in check.

Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.