Alinsky-tied group awarded $56 million federal loan...
...to start a non-profit health insurance company, but the group is has no experience in the insurance industry. What the group does have experience in is far left radical activism. Saul Alinsky was a 1960's revolutionary communist activist.
More Obama pals get your money.
Like many of the "green jobs" projects that the Obama Administration has given huge loans to, this is yet another big taxpayer investment that will likely never be paid back and is instead taxpayer dollars used for Democrats political activism. Many "green jobs" government loan recipients went out of business soon after receiving the loans, but the CEO's of the companies were large political contributors who paid themselves large salaries and bonuses before ceasing operations.
A Saul Alinsky-tied group has been awarded a $56 million federal loan to start up a nonprofit health insurance company -- one of several organizations across the country this week tapped to launch a new network of insurers under the sponsorship of the federal health care overhaul.
The Wisconsin group, Common Ground Healthcare Cooperative, was awarded the funding on Tuesday. According to the Department of Health and Human Services, the group is expected to provide coverage statewide within five years after starting on a smaller scale in early 2014.
But Americans for Limited Government President Bill Wilson questioned the group's credentials -- given its affiliation and lack of experience in the insurance field.
"The indisputable fact is that Common Ground was an outgrowth of the Alinsky operation in Chicago," Wilson said. "We're not giving money to a group with experience in health care issues or in setting up exchanges. ... We're handing the money to people who have been trained by arguably the single most expert individual on community organizing in the last 100 years."
Common Ground, a Milwaukee group that dates back to 2004, is an affiliate of the Alinsky-founded Industrial Areas Foundation.