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The Economic Stimulus Act - Written By Radicals to Redistribute The Wealth

Guess who wrote the $787 billion American Recovery and Reinvestment Act of 2009 (ARRA), the economic stimulus bill that President Obama signed within a month of his inauguration? President Obama? Members of Congress and their staffers? No and no. 

According to Investors Business Daily, Apollo Alliance wrote the majority of the bill in 2008, and President Obama and Congress accepted it nearly as-is.[1]

Apollo Alliance is a group of liberal activists focused on redistribution of wealth, environmental justice (which is the same thing as redistribution of wealth), and saving the Earth (basically through the redistribution of wealth).

Board members of Apollo Alliance included the self-described communist Van Jones (who Obama recently ousted from his growing list of Czars); the co-founder of Weather Underground Jeff Jones (yes – the other founder is Bill Ayers, the ghost author of Obama’s books and one of the key launchers of Obama’s political and community-organizing careers); Gerard Hudson (SEIU), Leo Gerard (United Steelworkers of America) and Terence M. O’Sullivan (Laborers’ International Union of North America); the founder of ACORN Wade Rathke; and the CEO of the Center for American Progress (a George Soros funded progressive think-tank) John Podesta. Mr. Podesta also co-chaired the Obama-Biden Transition Project, which likely is how the Apollo Alliance economic stimulus bill was brought to Obama’s attention.

We don’t know exactly where the estimated 1/3 of the economic stimulus has gone, since the Recovery.com website still isn’t complete even with its $9.5 million redesign. My guess is the ARRA was written to redistribute the wealth into the pockets of those who authored it.  One thing we do know is that our economy is not recovering.  Then again, it is becoming evident that ARRA was not written to improve our economy. 

I will spend some time investigating the board members, staff, and financiers of Apollo Alliance over the coming days to understand their views and whether any of them received taxpayer money under ARRA. Stay tuned…

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