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

Rob Port is the editor of 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.

Related posts