“We’re going to punish our enemies and reward our friends who stand with us on issues that are important to us.”
The Obama Administration is excellent at both. The punishing:
- IRS Targets Conservative Groups
- Obama Administration Targets Fox News Reporter in ‘Chilling’ Echo of AP Probe
- Obama Administration Targets Coal with Controversial Emissions Regulations
- Obama Closed and Stole Republican Car Dealerships?
- 80% of DOE Green Energy Loans Went to Obama Backers
- How Obama’s Justice Department Selectively Blocked A Merger By Republican CEOs
- Obama’s Auto Bailout Was Really a Hefty Union Payoff
- US Diplomats Cry Foul as Obama Donors Take Over Top Embassy Jobs
Take, for instance, the Federal Communications Commission (FCC)’s latest auction of spectrum – the airwaves we use for all things wireless.
Big Money in ‘Small’-Business Preferences
DISH Network’s brazen abuse of the Federal Communications Commission’s incentives for small businesses at a recent spectrum auction — to the tune of $3 billion, at taxpayers’ expense — was enough to make even a Dickensian villain squirm. Using multiple shell companies to qualify for “designated entity” (DE) discounts, DISH Network effectively shaved off more than $3 billion in payments. DE status is reserved for small businesses — not market behemoths like DISH Network. How behemoth is DISH Network? About $34 billion. A little large for DE eligibility.
DE is Huge Government yet again trying to manipulate the marketplace – allegedly for good and noble purposes – and (shocker) failing miserably. The DE program was created at Congress’s direction more than 20 years ago. It offers qualifying small companies a taxpayer-funded credit equal to 25 percent of the purchase price to help them compete against their larger counterparts when bidding for spectrum. DISH got a heck of a deal. I wonder why?
The co-founder of broadcasting giant DISH Network was accused in a federal complaint last week of intimidating company executives into making political donations that largely went to Democratic causes. Ahh – that’s why. Don’t get too excited – it was Republican Commissioner Ajit Pai who said that.