Wednesday, August 22, 2012

We Built This With Socialism?

New stadium construction and infrastructure costs were paid by a combination of team money ($53 M) and public money ($86 M).
Reverse Robin Hood Socialism Built This
First they had a commercial about a guy who claimed he didn't need any government help, then it turned out his business was started with gov loans and contracts. The New Hampshire Union Leader’s John DiStato today reports that in 1999 the business in question, 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’…” In addition, in 2011, Gilchrist Metal “received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008…”

Now the 2012 GOP convention in Tampa Florida, will be equally laughably themed "We built this". Problem is it will be at a stadium that was built in large part via Reverse Robin Hood Socialism. The GOP has carefully scrubbed Wikipedia of any references to this stadium being publicly financed, but NHL documents tell the true story.

According to NHL documents the Tampa Bay Times Forum arena was built with 62% of public money, or as it is normally known by Fox News and the GOP, Crony Capitalism or Communism. Take your pick of regressive labels they would apply if it was at a DNC convention. The truth of the matter is it in fact a classic case of Reverse Robin Hood Socialism. The local tax payers have picked up the lion share of the financing, and the  billionaire owner and the millionaire players get the financial benefit. This is typical across America, but never seems even worth a mention among regressives. The only type of socialism they seem to care about is when it helps a 12 year rape victim, an out of work 45 year old mother, or a sick senior citizen

According to NHL documents the Tampa Bay Times Forum arena was built with 62% of public money, or as it is normally known by Fox News and the GOP, Crony Capitalism or Communism.
Sorry you didn't build by yourself
The speech that President Obama gave that echoed Elizabeth Warren's viral video about "You didn't build this on your own without any help" is the whole impetus for their dishonest theme. The stadium proves they have no problem with hypocrisy on an epic scale. Here are some samples of the laughable nonsense they are trying to deceive the public with via to Media Matters:

Fox & Friends Deceptively Edited Obama's Comments On Small Business. Fox News deceptively edited Obama's remarks to make it seem as though he was claiming that small business owners do not deserve any credit for their own success. Obama's actual remarks made clear that he attributed the success of businesses to both the individual drive of business owners and to the benefits provided by influences such as great teachers, and government-created infrastructure. [Media Matters, 7/16/12]

Within Two Days, Fox Spent More Than Two Hours Of Airtime On "You Didn't Build That" Lie. In the two days that followed Fox's initial misrepresentation of Obama's remarks, the network devoted 42 segments and more than two hours of airtime to misrepresenting Obama's "you didn't build that" remarks. [Media Matters, 7/18/12]

Rupert Murdoch Endorsed The Falsehood On Twitter. In a post to his Twitter account, News Corp. CEO Rupert Murdoch wrote: "Yesterday Obama went off script, showed real self ie government omnipotent, individuals secondary. Must be big damage." [Media Matters, 7/19/12]

Fox Attacked Nonpartisan Journalists For Ignoring The Made-Up Story. Fox blasted mainstream media outlets for not covering Obama's remarks for four days, despite the fact that the remarks were ripped out of context. [Media Matters, 7/19/12]

Fox & Friends Tried To Rebut Charge That Video Was Deceptively Edited With New Deceptively Edited Video. Fox & Friends subsequently offered to rebut assertions that they had misrepresented Obama by showing the context of Obama's remarks. But the new clip that Fox & Friends played still omitted the relevant context. [Media Matters, 7/26/12]

Fox Hosted Karl Rove And His New Anti-Obama Attack Ad Repeating "Didn't Build That" Falsehood. Karl Rove produced an ad based on the misrepresentation of Obama's remarks and then touted that ad on Fox News' The O'Reilly Factor. [Media Matters, 7/25/12]

Don't be fooled when Fox and Friends unFriend the truth.

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