Obama Holds Another Handout Summit

The Obama administration has taken its corporate-welfare road show to Mexico, where American taxpayers funded a three-day conference over the last week, with an aim to simultaneously subsidize U.S. industry while helping Mexico tap into the U.S. Treasury to fund its national infrastructure plan to the tune of hundreds of billions of dollars.

Among the highlights of ConnectMEX – the U.S.-Mexico Transport and Telecom Conference – was the U.S. Trade & Development Agency’s unveiling at this Mexico City venue of a “Resource Guide for U.S. Industry on Priority Infrastructure Projects.”

Despite the title’s emphasis on the benefits that U.S. industry could glean from the endeavor, WND discovered last year that the agency’s corollary aim is to provide “an overview of the relevant financing options” the Mexican government may pursue.

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