
“A Mexican telecom mogul who holds the title of world’s richest man, and one of President Obama’s top donors are both getting even richer from the U.S. government program that supplies so-called ‘Obamaphones’ to the poor. Carlos Slim, who has an estimated net worth of $70 billion, owns a controlling stake in TracFone, which makes $10 per phone for each device it provides to poor Americans. The program, which began in the mid-1980s, has exploded in the past four years after being expanded from supplying landlines to the poor to providing cellular phones.”
Related posts:
First ever English gold coin worth just a penny will sell for £500,000
Minting Pennies & Nickels Cost U.S. Taxpayers $436 Million Since 2006
Ameri-Canadians point fury at Uncle Sam over U.S. tax laws
World’s largest pot shop can stay open in Oakland, judge rules
Massive Kenya water discovery will transform drought-prone ‘cradle of mankind’
Tunisian president stoned by protesters
Cyprus Asks Creditors to Help Biggest Bank
Korea decides not to recognize Bitcoin as real currency
Jail Time For Obamacare Supermarket Food Labeling
Woman informing Kerry, McCain on Syria is paid advocate for rebels
Official: Potential Syria strikes could include long-range bombers
Peripheral bitcoin services like BitPay safer investment than bitcoin?
Allentown PA Subway Accepts Digital Currency Bitcoin
Canadians call for marijuana referendum after two U.S. states legalize it
SS agents camp outside woman's house after dispute with neighbor