The latest information about the American Recovery and Reinvestment Act of 2009 can be found here.
In summary, of the $787 billion approved to be either spent or not collected as taxes, $515 billion have been allocated, so far. Although the Congressional Budget Office estimates that 3.3 million jobs have been created as a consequence of this infusion of money, it seems worth noting that our private corporations, the supposedly major engines of job creation, are sitting on $837 billion in cash, which they are refusing to invest in new plant or new hires because of “uncertainties.”
Since when did our risk-taking entrepreneurs and innovators turn into shrinking violets?
In addition to the summary pages, recovery.gov provides detailed reports on what’s happening on a state by state basis, including which grant recipients have failed to file the required reports on what they did with the money they got. The non-compliers are reported in pdf format, which has to be downloaded to your computer. In New Hampshire there seems to be only one laggard, the Southeast Land Trust of NH, which received $56,400 of taxpayer dollars and hasn’t had the courtesy to acknowledge receipt and say thank you.
Florida, for comparison, has just two delinquents who received a total of a little less than $130,000, whereas Georgia, that very Republican state, can point to seven laggards, responsible for a grand total of $5,808,151, four million of which went to Flint Cable TV. There’s no question they got the money.
FLINT CABLE AWARDED BROADBAND STIMULUS GRANT
Flint Cable TV is awarded a stimulus grant funding in the amount of a $4,095,913 loan and $4,095,913 grant. The funding will provide a Hybrid Fiber Coaxial (HFC) network to homes in underserved areas of Culloden, Yatesville, and Southern Crawford County Georgia allowing for real technological growth in each of these underserved areas. This HFC network will use the latest DOCSIS 3.0 cable standard, enabling channel bonding and initial speeds up to 20 Mbps….
On Friday, February 19, 2010, Congressman Sanford Bishop was the guest speaker for the Taylor County Kiwanis Club in Reynolds, GA. Congressman Bishop outlined the many advantages of broadband and conveyed his support for broadband stimulus in the rural areas of Georgia currently not served or under-served — citing his desire for job growth and a better educated population. Congressman Bishop has been involved in the broadband stimulus grant process from the beginning and has constantly monitored the progress for the Flint Cable Television grant application.
Ah, perhaps that explains it. The Congressman is monitoring, so reports don’t have to be written.
Though, somebody at Public Service Telephone Company has quite a knack for writing. Read their history Here’s just a taste:
The Roberta Telephone Company originally belonged to H. A. (Howard) Bond, brother to H. C. (Hiram) Bond and was later purchased from him by Hiram. Hiram worked at Peeler Hardware Company in Macon before beginning his telephone career. He was married to Bessie Marie Moore and they had three children Wilhelmina, Mabel and H. C., Jr.
Hiram worked at the Reynolds and Roberta exchanges while Bessie was minding the family in Macon. She realized the opportunity to purchase the Lizella exchange and literally saved money in a small container at home in order to make the purchase. After the purchase, she would transport the construction crew out to the job site in her automobile. Meals were prepared for the crew at home and taken to them by a young member of the family.