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Jump to navigationAlabama and Senator Richard Shelby (R)
make the PorkBusters....again
In one prominent example, Alabama went from receiving $6 million less in annual earmark spending than other states to $90 million above the state average after Republican Sen. Richard Shelby assumed the chairmanship of the Senate Intelligence Committee in 1997. Shelby earmarked $15 million for low-cost fabricated housing, but the study found that one of Alabama’s largest suppliers of this housing, Homes Inc., correspondingly reduced capital expenditures by 79.5 percent and downsized its work force by 30 percent.
Coincidence? Not likely. “The pattern repeats itself across decades and over thousands of firms.”
In one prominent example, Alabama went from receiving $6 million less in annual earmark spending than other states to $90 million above the state average after Republican Sen. Richard Shelby assumed the chairmanship of the Senate Intelligence Committee in 1997. Shelby earmarked $15 million for low-cost fabricated housing, but the study found that one of Alabama’s largest suppliers of this housing, Homes Inc., correspondingly reduced capital expenditures by 79.5 percent and downsized its work force by 30 percent.
Coincidence? Not likely. “The pattern repeats itself across decades and over thousands of firms.”
posted at 08:34:51 on 06/07/10
by Chuck Myguts -
Category: porkbusters
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