No. I mean OPIC - Overseas Private Investment Corporation. It is a federal agency that makes loans to private companies so they can embark on business ventures without risking their own capital. It is better known as the federal corporate welfare program, which BushCo. has expanded mightily into various oil companies. And before somebody tells me how Bush has cut back on corporate welfare these last few months, let me say, sure, now that he has made all the handouts to his oil buddies and now that our country is broke! Fine time now.
However, I think you are wasting your time dialoging with
dog-excrement-for-brain JohnC, who is so contaminated with rightwing
propaganda that his brain is not only malfunctioned, it's simply too
dangerous for a peaceful society. Neo-con bastards like him should be
and must be flushed down the toilet where wastes like him belong.
Dee wrote:
> What JohnC is getting at is that we shouldn't help people who are
more
> than capable of helping themselves -- forcing them to become leeches
> upon the system. I agree! Let's start with Mr. Byker's InterOil
Corp.
> OPIC handed over $85 million to Byker and his cronies at InterOil,
> payments to start in June of 2005. Talk about welfare. And believe
me
> these fat cats are more than capable of financing their own
escapades.
> If you'd like salt rubbed into the wound, the InterOil Corp. is
> offshore, so they don't even contribute taxes to the country that is
> giving them their handout. Maybe the payback was Bush getting a forum
> on graduation day.
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