Obama Signs Bill To Force Taxpapyers To Advertise For Disney, Orbitz
And the bill does it, as I’ve mentioned before, by creating the Fannie Mae of the travel industry. In fact, one of the chief lobbyists for this bill was a former flak for Fannie Mae. A government-sponsored “corporation” that is funded by the taxpayers and will advertise for all the big travel industry giants like Disney, Orbitz and Anheuser-Busch that spent a truckload of money lobbying for it.
WASHINGTON (AP) President Barack Obama has signed a bill creating a program to promote the U.S. as a premier tourism destination for international travelers.
The U.S. Travel Association calls it a major step in addressing the drop-off in such visits to the U.S. during the past decade. The association says the U.S. welcomed 2.4 million fewer overseas visitors last year than in 2000. And that, the group says, has cost it an estimated $509 billion in total spending and $32 billion in direct tax receipts.
Government and private industry would evenly split the program’s costs, with Washington contributing up to $100 million a year. That money will come from a $10 fee paid by foreigners who do not pay for visas to enter the U.S.
Because nothing makes more sense than promoting tourism by taxing tourists, right?
The nation is bankrupt, and we’re subsidizing ads for travel industry mega corporations.
What a joke.



