I mean, it’s bad enough that he’s doing it: but apparently it’s not even working.
In 2005, Rep. John P. Murtha announced here that a technology firm was moving into an abandoned plate glass factory. Best of all, he promised, the new firm would generate 140 jobs.
The Pennsylvania Democrat steered $150 million in defense money to Caracal Inc., along with a $3 million grant for factory renovations. “Today’s ribbon-cutting ceremony is yet another indication that our investment in this region’s economic revitalization is paying off,” he said that day. But Caracal never created the jobs the congressman touted. The firm peaked at 10 employees and then folded in early 2008. Once its Murtha-engineered Navy contracts ended, the company could not survive.
The article goes on to note that Rep. Murtha’s earmarks aren’t generating jobs for either the companies that he’s supposedly fostering via earmarking (over 60% have seriously underperformed) or his district (unemployment rates seem to have not been affected by Murtha’s pork habits at all): there’s also a lengthy section where specific firms are discussed in terms of Murtha’s… well, ‘litany of failure’ works as a description. Clearly the man is off of his game; if this was a post about an athlete I’d be counseling voluntary retirement, while he still had his dignity. As he’s a legislator taking my tax money to enrich his cronies and lackeys: scratch out ‘voluntary.’
Moe Lane
Crossposted to Moe Lane.
KnightsofMalta
Steve Maley
Caleb Howe
How does a firm ...
skorrent1 (Diary) Thursday, December 31st at 10:43AM EST (link)With ten employees burn through $150 million in three years?
Don’t tell me. I don’t want to know
Let's see $150,000,000???
izoneguy (Diary) Thursday, December 31st at 11:07AM EST (link)10 employees at $4,000,000 per year over 3 years = $120,000,000
Office Rent at $3000 per month over 3 years = $ 108,000
Company cars for 10 people over 3 years = $ 360,000
Health Insurance for 10 people over 3 years = $ 180,000
Advertising for 3 years = $ 720,000
Other expenses over 3 years = $2,000,000
Murtha’s payoff = $ 26,632,000
That is how you spend $150,000,000 of the taxpayer’s money….
Good high paying jobs you can believe in!!!!
The point cannot be made often enough: Modern liberalism, as embodied in the Obama presidency, is the defender of the status quo. And the status quo is a road to economic ruin. Political forces cannot redistribute the wealth that the economic system does not produce.
Answer to the headline . . .
anastas (Diary) Thursday, December 31st at 11:10AM EST (link)AMEN!
He that lives upon hope will die fasting.
– Benjamin Franklin
Is Bill Russell going to take another shot at this...
MacAoidh (Diary) Thursday, December 31st at 11:12AM EST (link)…blithering, corrupt traitor’s seat? I know he came pretty close to beating Murtha last year despite a host of obstacles.
Check out MacAoidh’s commentary on Louisiana and national politics at TheHayride.com
Who's really incompetent?
NightTwister (Diary) Thursday, December 31st at 11:23AM EST (link)Murtha, or the racists that keep re-electing him?
The best argument against democracy is a five-minute conversation with the average voter. – Winston Churchill
Unthinking Dem voters
RedBeard Thursday, December 31st at 11:44AM EST (link)“I’m voting for Murtha, because… umm… well, because… oh, yeah – he’s in the same political party as F.D.R. was, and so…………….”
Standard-bearer for grouchy curmudgeonry since, oh, 1975 or so.
Ya'll think the Voters have anything to do
anotherindyfilmguy (Diary) Thursday, December 31st at 7:57PM EST (link)with Murtha being re-elected?
Really?
Santorum? Well, at least he’s not Romney…
http://www.zazzle.com/enemy_of_the_statist_tshirt-235977043035297478
Murtha, Incorporated
saterp Thursday, December 31st at 9:33PM EST (link)Well, SURELY Murtha, Inc. is at LEAST steering some of that money into his OWN pocket? Don’t disillusion me that he’s so incompetent he can’t even feather his OWN nest!!