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    Reagan Phones :


    Commonly known by their pseudonym "Obama phones." We tend to look at the people that get them, but I always like to look behind the curtain at who is making the money off of these kinds of programs. As it turns out, it's simply another way that the fat cats use the taxpayer/working class to fund their fortunes.

    http://money.cnn.com/2012/10/26/tech...e-free-phones/

    "The subsidy is from a government-created program called Lifeline, which is paid for by customer fees on most phone bills. The program is overseen by the Federal Communications Commission, and has its roots in a universal access initiative that began in 1985, during Ronald Reagan's administration."


    "Where does the money for Lifeline subsidy come from? You.
    Take a look at your phone bill and you'll see a charge -- typically a few dollars a month -- for payments to the "Universal Service Fund." That's the umbrella program covering various ventures, including Lifeline, that are designed to make telephone communications universally available to all Americans."

    "Those tactics are paying off. Tracfone now has more than has more than 4 million subscribers in its Lifeline program, called SafeLink, and collected $452 million last year from the program's subsidies. That's twice what it took in two years ago, and far more than any other provider. (The runners-up, AT&T (T)and Sprint (S), each collected around $274 million.)
    The Lifeline cash is a substantial chunk of the $3.8 billion Tracfone generated last year in annual sales. The company is the American subsidiary of América Móvil, the Mexican telecom giant run by Carlos Slim, the world's richest billionaire."

    https://en.wikipedia.org/wiki/Carlos_Slim

    "Carlos Slim Helú (Spanish pronunciation: [ˈkaɾlos esˈlim eˈlu]; born January 28, 1940) is a Mexican business magnate, investor, and philanthropist.[3][4] From 2010 to 2013, Slim was ranked as therichest person in the world.[5] Known as the "Warren Buffett of Mexico",[6][7][8][9][10] he derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso.[11] As of 3 November 2015 he was #2 on Forbes list of billionaires, with net worth estimated at US$77.1 billion."


    "Slim is the chairman and chief executive of telecommunications companies Telmex and América Móvil, Latin America's largest mobile-phone carrier, which accounted for around $49 billion of Slim's wealth by the end of 2010."


    I'm Carlos Slim, and I'd like to thank Ronald Reagan and the shit kicking US taxpayers for making me filthy RICH!



    * Disclaimer:
    (I don't hate rich people, I simply like to know where they get their money, especially when they tell me it's done through hard work, and pulling themselves up by their boot straps, but then it turns out that it's from taxpayer subsidies.)
    Last edited by Talon; 05-02-2016, 11:23 AM.
    "L E X - T A L I O N I S"

    #2
    Reagan didn't start this program to give every welfare rat and crack head a free cell phone. I had an experience about 15 years ago when a coworkers sister was beaten half to death by the guy she was married to and after she got out of the hospital her family helped her and her kids get a house near family where she would be safe. She had never worked before as she had been pregnant and married since 17 so she didn't make much money on her first job on her own and was given a lifeline home phone and food stamps for a while until she was able to better herself.

    The Obama phone billionaire is all on Obama and his ilk.


    When that guy got out of jail he got a good beat down but I wont elaborate on that as it could serve to incriminate both me and her brother.

    Comment


      #3
      Good read. But, it wasn't like the Government threw subsidies in the air and Slim caught the most.

      He had to build up from something in order to benefit with these tax funded programs.

      Comment


        #4
        I agree. I'm not knocking him for taking full advantage of the US governments programs. I just like to know where and how OUR money is spent.

        Originally posted by bowclan View Post
        Good read. But, it wasn't like the Government threw subsidies in the air and Slim caught the most.

        He had to build up from something in order to benefit with these tax funded programs.
        "L E X - T A L I O N I S"

        Comment


          #5
          Originally posted by Talon View Post
          I agree. I'm not knocking him for taking full advantage of the US governments programs. I just like to know where and how OUR money is spent.

          It is unfortunate that every good program seems to turn into a cash cow for someone and instead of just helping those who need a hand up someone who is already wealthy becomes extremely wealthy off of it.

          Comment


            #6
            I don't think anyone foresaw the explosion of cellphone technology. If it were up to me, I wouldn't have the program at all, but I've found that behind every "program" there is someone getting filthy rich. I'm checking into EBT next.

            Originally posted by Woods Devil View Post
            Reagan didn't start this program to give every welfare rat and crack head a free cell phone. I had an experience about 15 years ago when a coworkers sister was beaten half to death by the guy she was married to and after she got out of the hospital her family helped her and her kids get a house near family where she would be safe. She had never worked before as she had been pregnant and married since 17 so she didn't make much money on her first job on her own and was given a lifeline home phone and food stamps for a while until she was able to better herself.

            The Obama phone billionaire is all on Obama and his ilk.


            When that guy got out of jail he got a good beat down but I wont elaborate on that as it could serve to incriminate both me and her brother.
            "L E X - T A L I O N I S"

            Comment


              #7
              Originally posted by Talon View Post
              I don't think anyone foresaw the explosion of cellphone technology. If it were up to me, I wouldn't have the program at all, but I've found that behind every "program" there is someone getting filthy rich. I'm checking into EBT next.

              You should have heard the wailing and gnashing of teeth here in NC after Governor McCrory revamped the EBT program a few years ago and everyone in the state was late getting their benefits. I laughed a lot at the people who were complaining that they didn't have anything to eat even though they weigh 400 pounds. I told a neighbor that all he needed was a cookie, a multi vitamin and water for a few months.

              Comment


                #8
                Some of those same people get prescription pain meds at public expense and then sell them. Some have asked if I get any good pills and want to sell them.

                Comment


                  #9
                  Originally posted by Woods Devil View Post
                  Reagan didn't start this program to give every welfare rat and crack head a free cell phone. I had an experience about 15 years ago when a coworkers sister was beaten half to death by the guy she was married to and after she got out of the hospital her family helped her and her kids get a house near family where she would be safe. She had never worked before as she had been pregnant and married since 17 so she didn't make much money on her first job on her own and was given a lifeline home phone and food stamps for a while until she was able to better herself.

                  The Obama phone billionaire is all on Obama and his ilk.

                  And a lot of elderly people were provided with landline phones. There is/was a whole generation of elderly women on SS who barely got $800 a month to live on and could not afford a phone.
                  Tuesday is soylent green day

                  Comment


                    #10
                    Originally posted by Night View Post


                    And a lot of elderly people were provided with landline phones. There is/was a whole generation of elderly women on SS who barely got $800 a month to live on and could not afford a phone.

                    catsup is a vegetable.....

                    lots of ole folk ate catfood meat loafs..........

                    they had to make the choice of meds oar their electric bill oar a can of dads dog food........

                    an after honorably serving 6 years in the military ya cant draw unemployment though the wigs an nigs culd

                    RR was sew great.......
                    "Virtute et armis"

                    Girls play with dolls. Men play with dead animals

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                    Islam is right about women

                    sde: Because it was trolling and by damn God, that's what we fucking do here. Always have, always will

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                    Epstein didn't kill himself & neither did Qassem Soleimani

                    Eric Ciaramella is the whistle blower

                    Comment


                      #11
                      Originally posted by swampbilly View Post


                      catsup is a vegetable.....

                      lots of ole folk ate catfood meat loafs..........

                      they had to make the choice of meds oar their electric bill oar a can of dads dog food........

                      an after honorably serving 6 years in the military ya cant draw unemployment though the wigs an nigs culd

                      RR was sew great.......
                      In the united states pet food has to meet human consumption standards.
                      https://csagovernment.org/index.html

                      http://deovindice.org/

                      http://dixienet.org/

                      http://leagueofthesouth.com/

                      Comment

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