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Of course his fathers hands built the company. Of course his hands built the company. Of course his sons hands built the company, but not without over $1 million in government loans.
From the New Hampshire Union Leader:
In 1999, Gilchrist Metal received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment, according to a New Hampshire Union Leader report at the time.
The federal government allocates to each state a certain amount of tax-exempt bonding capacity each year for business and housing loans.
Because the bond buyers do not pay federal taxes on the interest, the interest rate for the borrower is typically lower than that of standard bank financing.
Last year, Gilchrist Metal also received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008, according to a government web site that tracks spending.
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
Defense business is a good way to help the economy, Gilchrist told the Leader. But the President wants to cut the crap out of the defense budget. Im not going to turn a blind eye because the money came from the government. As far as Im concerned, Im getting some of my tax money back. Im not stupid, Im not going to say no. Shame on me if I didnt use whats available.
And I will let that little bit of Republican hypocrisy speak for itself.
Star Of Romney Ad Inadvertently Proves That Success Doesn’t Happen In A Bubble (VIDEOS) | Addicting Info
Of course his father’s hands built the company. Of course his hands built the company. Of course his son’s hands built the company, but not without over $1 million in government loans.
From the New Hampshire Union Leader:
In 1999, Gilchrist Metal received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority “to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment,” according to a New Hampshire Union Leader report at the time.
The federal government allocates to each state a certain amount of tax-exempt bonding capacity each year for business and housing loans.
Because the bond buyers do not pay federal taxes on the interest, the interest rate for the borrower is typically lower than that of standard bank financing.
Last year, Gilchrist Metal also received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008, according to a government web site that tracks spending.
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
“Defense business is a good way to help the economy,” Gilchrist told the Leader. “But the President wants to cut the crap out of the defense budget. I’m not going to turn a blind eye because the money came from the government. As far as I’m concerned, I’m getting some of my tax money back. I’m not stupid, I’m not going to say ‘no.’ Shame on me if I didn’t use what’s available.”
And I will let that little bit of Republican hypocrisy speak for itself.
WASHINGTON One of the top items on President Barack Obama's to do list - a 10 percent tax break for small businesses that make new hires - got tangled in an election-year tax debate as Republicans lead a filibuster to block the measure.
Read more here: Republicans block small-business tax break on procedural vote | McClatchy
Star Of Romney Ad Inadvertently Proves That Success Doesnt Happen In A Bubble (VIDEOS) | Addicting Info
Of course his fathers hands built the company. Of course his hands built the company. Of course his sons hands built the company, but not without over $1 million in government loans.
From the New Hampshire Union Leader:
In 1999, Gilchrist Metal received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment, according to a New Hampshire Union Leader report at the time.
The federal government allocates to each state a certain amount of tax-exempt bonding capacity each year for business and housing loans.
Because the bond buyers do not pay federal taxes on the interest, the interest rate for the borrower is typically lower than that of standard bank financing.
Last year, Gilchrist Metal also received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008, according to a government web site that tracks spending.
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
Defense business is a good way to help the economy, Gilchrist told the Leader. But the President wants to cut the crap out of the defense budget. Im not going to turn a blind eye because the money came from the government. As far as Im concerned, Im getting some of my tax money back. Im not stupid, Im not going to say no. Shame on me if I didnt use whats available.
And I will let that little bit of Republican hypocrisy speak for itself.
I read about this guy.
He is still in business!
He paid back the loans....didn't borrow then go bankrupt, right?
Heck, I got a government student loan...I paid it back.
This is Joe The Plumber all over again. Beat on a private citizen!
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
Defense business is a good way to help the economy, Gilchrist told the Leader. But the President wants to cut the crap out of the defense budget. Im not going to turn a blind eye because the money came from the government. As far as Im concerned, Im getting some of my tax money back. Im not stupid, Im not going to say no. Shame on me if I didnt use whats available.
And I will let that little bit of Republican hypocrisy speak for itself
Aahh, the liberal Cult of Personality. "Abandon your own knowledge, thoughts, and opinions, because So-And-So said THIS quote!"
I read about this guy.
He is still in business!
He paid back the loans....didn't borrow then go bankrupt, right?
Heck, I got a government student loan...I paid it back.
This is Joe The Plumber all over again. Beat on a private citizen!
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
“Defense business is a good way to help the economy,” Gilchrist told the Leader. “But the President wants to cut the crap out of the defense budget. I’m not going to turn a blind eye because the money came from the government. As far as I’m concerned, I’m getting some of my tax money back. I’m not stupid, I’m not going to say ‘no.’ Shame on me if I didn’t use what’s available.”
And I will let that little bit of Republican hypocrisy speak for itself
Is he repaying the loans? Is there interest on them? Did the government help him earn the credit rating that qualified him for the loans? Is the government sending someone to his business every day to help with the work and earn the money to pay back those loans, with interest?
So basically, your arguments are still crap. Only a dimwit like you would think there's a "Gotcha!" moment in pointing out that the government exists and is the backdrop of everyone's life, as though anyone has argued that.
The government does not deserve gratitude for existing and functioning, and it sure as shit doesn't deserve credit for the success of the people who build on the basic playing field we're all given simply because it's part of that field . . . and CERTAINLY not when they're getting all their money back, PLUS a hefty fee for its temporary use.
Don't even TRY to tell me Mr. Gilchrist "owes" the government even more for the success HE put the blood, sweat, and tears into on top of his taxes, his contributions to the community, his loan payments, AND his fucking interest!
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
Defense business is a good way to help the economy, Gilchrist told the Leader. But the President wants to cut the crap out of the defense budget. Im not going to turn a blind eye because the money came from the government. As far as Im concerned, Im getting some of my tax money back. Im not stupid, Im not going to say no. Shame on me if I didnt use whats available.
And I will let that little bit of Republican hypocrisy speak for itself
I read about this guy.
He is still in business!
He paid back the loans....didn't borrow then go bankrupt, right?
Heck, I got a government student loan...I paid it back.
This is Joe The Plumber all over again. Beat on a private citizen!
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
Defense business is a good way to help the economy, Gilchrist told the Leader. But the President wants to cut the crap out of the defense budget. Im not going to turn a blind eye because the money came from the government. As far as Im concerned, Im getting some of my tax money back. Im not stupid, Im not going to say no. Shame on me if I didnt use whats available.
And I will let that little bit of Republican hypocrisy speak for itself
You know you already posted that, right?
He's talking about being able to bid and win a few government contract jobs. How is that hypocritical? Is the government just throwing money at him for doing nothing?
Is he repaying the loans? Is there interest on them? Did the government help him earn the credit rating that qualified him for the loans? Is the government sending someone to his business every day to help with the work and earn the money to pay back those loans, with interest?
So basically, your arguments are still crap. Only a dimwit like you would think there's a "Gotcha!" moment in pointing out that the government exists and is the backdrop of everyone's life, as though anyone has argued that.
The government does not deserve gratitude for existing and functioning, and it sure as shit doesn't deserve credit for the success of the people who build on the basic playing field we're all given simply because it's part of that field . . . and CERTAINLY not when they're getting all their money back, PLUS a hefty fee for its temporary use.
Don't even TRY to tell me Mr. Gilchrist "owes" the government even more for the success HE put the blood, sweat, and tears into on top of his taxes, his contributions to the community, his loan payments, AND his fucking interest!
AND government contracts paid with by our tax money, you ignorant cow.
In another bit of irony, his reasoning is that he dislikes Obama because Gilchrist may start receiving less government money after budget cuts (emphasis mine).
Defense business is a good way to help the economy, Gilchrist told the Leader. But the President wants to cut the crap out of the defense budget. Im not going to turn a blind eye because the money came from the government. As far as Im concerned, Im getting some of my tax money back. Im not stupid, Im not going to say no. Shame on me if I didnt use whats available.
And I will let that little bit of Republican hypocrisy speak for itself
You know you already posted that, right?
He's talking about being able to bid and win a few government contract jobs. How is that hypocritical? Is the government just throwing money at him for doing nothing?
You're fucking kidding me, right?
You know you already posted that, right?
He's talking about being able to bid and win a few government contract jobs. How is that hypocritical? Is the government just throwing money at him for doing nothing?
You're fucking kidding me, right?
Nope. You've just told us that all those wonderful "donations" Obama claims the government makes to the success of businesses and communities are actually made by other businesses, like Mr. Gilchrist's.
Congratulations, shitforbrains.