Friday, October 26, 2012

Oh the Irony: Romney Economic Speech Given at a Company that Received Stimulus Funds

Article Mirror

October 26, 2012

The President’s stimulus plan was so bad, that Paul Ryan requested his state receive funds while the Congressman continued lambasting it, and now Republican candidate Mitt Romney is to give a speech at an Ames, Iowa construction company, which received millions from the stimulus.

I shit you not. CNN reports:

Kevin Kinzler, owner of Kinzler Construction Services, received a $1.25 million dollar loan from the Small Business Administration through the American Recovery and Reinvestment Act in May of 2009, shortly after the stimulus plan was signed into law by President Obama.

The Recovery.Gov web site describes the loan as being designed “to aid small businesses which are unable to obtain financing in the private credit marketplace.”

In addition to the small business loan, Kinzler Construction Services also received nearly $650,000 in stimulus funds through grants provided by the Department of Energy. The grants were first reported by the left leaning blog, Think Progress.

The hypocrisy is rich. Earlier as reports were released that the GDP was on an incline, Mitt Romney said that it wasn't good enough. Also worth noting is that the Romney campaign has ceased using the, ‘Are you better off’ them in their campaign. What a shame, because the Construction company is ‘better off’ because of the stimulus.

More hilarious:

Romney has made the plight of small businesses a key line of attack on Obama in the final weeks of his campaign.

“I want to make sure that we champion small business, we help small business grow and thrive,” Romney said on Thursday in Cincinnati before embarking on a bus tour across the battleground state of Ohio.

Again, refer to the aforementioned company.