After Receiving $2 Billion In Stimulus Funds, Company Lays Off Thousands Of Workers

Chalk up another victory for Obama’s economic platform:

A new investigative report released by Accuracy in Media Wednesday, reveals that CH2M HILL, a Colorado-based consulting, engineering and construction firm, received nearly $2 Billion in stimulus funding despite a history of kickbacks, poor conduct and contaminating their own workers. While they are not in danger of suffering the same bankruptcy plight as Solyndra, CH2M has laid-off thousands of workers since receiving taxpayer stimulus. And like Solyndra, CH2M has donated thousands in campaigns finances to Democrats.

Click the link for a run-down of this company’s history of incompetence and fraud, and wonder how it got nearly $2 billion in stimulus contracts despite that track record.

And then consider the likely answer: Giving over $380,000 to Democrats during the 2009-2010 cycle and over $512,000 during 2007-2008, including $45,337 to Barack Obama.

In free market economies, where pure capitalism is exercised, companies that do the best work get rewarded with the most business. In government-managed economies, where crony capitalism reigns, the companies with the best political connections get the most business.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • http://proof-proofpositive.blogspot.com/ Proof

    You give nearly a million to Democrats and you get two billion back in return? That’s a good rate of return!  A few more deals like that and they won’t need any pesky employees at all!

    • borborygmi

      I know you don’t adhere to it but alot of Conservatives do “Greed is Good”  These guys should not be chastised but worshipped for being greedy just like the conservatives support.

      • http://proof-proofpositive.blogspot.com/ Proof

        Please don’t pretend that those left of center are unaffected by greed. Ever heard of Solyndra? Global Crossing?? Whitewater real estate???

        You do know that the actors who gave such convincing “performances” that “greed is good” are good liberals, don’t you? 

        There are good people and greedy people and evil people and law abiding people on both sides of the line. Only the truly deranged try to to pretend that human nature draws the line along political leanings.

        • borborygmi

          Like I wrote you do not adhere to Rushbo’s  Greed is good.   In another thread I did mention, Solyndra, Union leaders, Wall streeters, Enron.
          You at least have some common sense.  I applaud you for it.

          • http://proof-proofpositive.blogspot.com/ Proof

            Thanks.

    • $8194357

      Don’t forget those extended untill after the election unemployment benifits..Who’s buying votes? To bad they do at taxpayer expense.

      • http://proof-proofpositive.blogspot.com/ Proof

        I hear there’s talk of extending unemployment benefits through the entire year of 2012…in other words, until safely after the election.

  • banjo kid

    Yep! with all that money laying around who needs to make a profit or hire any one . or keep any of the people on payroll . $two billion will keep them in  a fine accustomed shape for a while, “oh dear please take the Volvo to Kroger’s and get me a bottle of vineyard 1923″  uh take it out of the petty cash laying insider my freezer. 

  • bottineau bay

    Oh wait, I thought you were talking about Citi, who was too big to fail, made a profit on taxpayer dollars, and then laid off workers, while conveniently paying their CEO a $23 million dollar retention bonus.

  • borborygmi

    “where pure capitalism is exercised,”   It doesn’t exist at least in large scale.

  • I H8 GOPers

    Uh Oh. Here’s CH2m’s list of senate contributions:
    Senate
    Total to Democrats: $10,500
    Total to Republicans: $10,500 <<<Recipient  Total  Barrasso, John A (R-WY)$1,000Brown, Scott P (R-MA)$1,000Feinstein, Dianne (D-CA)$3,000Gillibrand, Kirsten (D-NY)$1,000Hatch, Orrin G (R-UT)$1,000Heller, Dean (R-NV)$500Inhofe, James M (R-OK)$1,000Lugar, Richard G (R-IN)$3,500McConnell, Mitch (R-KY)$1,000Murkowski, Lisa (R-AK)$500Nelson, Bill (D-FL)$2,500Snowe, Olympia J (R-ME)$1,000Tester, Jon (D-MT)$1,000Udall, Mark (D-CO)$1,000Udall, Tom (D-NM)$1,000Webb, James (D-VA)$1,000

    • I H8 GOPers

      The above is from 2011 reports.

      Here’s something funny from 2006:
      $416,250 (46% to Democrats, 53% to Republicans)

      • http://pulse.yahoo.com/_RVIS42ZJEXB6TWZQHYCZF247II Willis Forster

        It seems that buying politicians is a bipartisan business plan.

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