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To: Nachum
Just a new spin on the old economic opportunity zone. It is a way for Obama to make sure our tax dollars are going to the “right” people.

I served on a case that was in an economic opportunity zone in Brooklyn. The stores couldn’t get theft insurance being in the “hood”. So they got cut rate government insurance.It covered up to$ 10,000 in losses per month. Wouldn’t you know it every month they were robbed of $9,999 worth of goods? They ran into trouble when they couldn’t prove they ever had $9,000 dollars worth of merchandise in their store.

6 posted on 02/15/2013 11:34:24 AM PST by shoff (Vote Democratic it beats thinking!)
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To: shoff

Flashback-

http://www.highbeam.com/doc/1P2-8747213.html

On enterprise zones, Jack Kemp is naive
The Boston Globe (Boston, MA) See all results for this publication

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June 19, 1992 | Copyright
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“On enterprise zones, Jack Kemp is naive | HighBeam Research”

‘On enterprise zones, Jack Kemp is naive.

Jack Kemp is the most fair-minded person the present administration has, but on two accounts he appears to be naive — enterprise zones and home ownership.’

What could go wrong?


14 posted on 02/15/2013 1:07:13 PM PST by griswold3 (Big Government does not tolerate rivals.)
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