Friday, June 22, 2012

AN IDEA! WHAT IF EVERY SHERIFF GOT EVERY INMATE TO APPLY.

It would certainly solve our local budget problems. Worldcom convict gets $7.5M loan guarantee from Obama’s stimulus. “David Myers, a former Worldcom executive who served 11 months in prison after being convicted of fraud, received a $7.5 million loan that was guaranteed by the federal government with money from the 2009 stimulus.” His loan was guaranteed as part of the USDA’s rural development program. “The borrower demonstrated strong repayment ability, sufficient security for the loan and the loan saved jobs and helped meet the tremendous need for health care in rural Mississippi,” the USDA told Bloomberg, which reported on the loan.

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