(LA Observed) The news that President Obama is pumping cash from his latest big government, anti-poverty initiative in Los Angeles (to projects only north of the Santa Monica Fwy) hasn’t been setting well with some.
Los Angeles “Promise Zones” of Pico-Union, Westlake, Hollywood, East Hollywood and Koreatown, now qualify for $500 Million of federal bailout money over 10 years but why?
Upon investigation,one has learned that a group called ‘Youth Policy Institute’ (YPI) located in Hollywood and run by Dixon Slingerland, that received the Obama “Promise Zones” grant money, has been a big money contributor to Mayor Eric Garcetti’s political career since 2002
Slingerland has likewise was big money bundler for ‘Team Obama’ since 2007 according to the Daily Caller raising $744,000 in political contributions and has also contributed over $44,000 in 2012 according to Campaign Money.com to other Democrats, these include: Hillary Clinton, California Congressional Rep’s Howard Berman, Janice Hahn and Tony Cardenas, DNC Chair & Florida Congressional Rep Debbi Wasserman-Schultz and to the Obama Victory Fund.
Why am I not surprised that Obama’s “Promise Zone” Los Angeles grant money is nothing more than ‘political pay-back’ to ‘Team Obama’ and Democrats big money contributors.
Flashback: Remember George Kaiser, Billionaire ‘Team Obama’ donor and chief investor of now bankrupt Solyndra which cost taxpayers some $528 Million in Obama’s $9 Billion ‘Green Energy’ scheme.
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