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Convicted Felon Gets $7.45 Million Loan Guarantee from Obama Stimulus

bigdrov1x Wrote: Jun 22, 2012 8:39 PM
The only thing that should concern people about his is that it was done with taxpayer money, and it was part of the so called stimulus. The guy was a convicted felon true, but he paid his debt to society. The guy in the whitehouse and the current attorney general make this guy look like a piker.

 

 

The 2009 Obama stimulus package is a constant source of stories about incompetent bureaucrats in Washington wasting taxpayer money, with Solyndra being the most famous of them. The latest story involves a man, David Myers, getting a guaranteed $7.45 million loan from the United States Department of Agriculture. His company, Ways LLC is using the guaranteed loan to purchase a home health agency in Mississippi. What's the problem with this loan? Amongst other things, Myers was involved in a high profile case of corporate fraud. Bloomberg News had this to say about the man being trusted with...