Carlos Slim, world’s richest man, gets richer supplying ‘Obamaphones’ to poor

beretta304

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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 company, whose president and CEO is Frederick "F.J." Pollak, also makes money from extra minutes and data plans it sells to subscribers who get phones and service through the government's Lifeline program. 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.



Read more: Carlos Slim, world
 
he's of Lebanese descent, just like Issa (R).

http://www.factcheck.org/2009/10/the-obama-phone/
Q: Has the Obama administration started a program to use "taxpayer money" to give free cell phones to welfare recipients?

A: No. Low-income households have been eligible for discounted telephone service for more than a decade. But the program is funded by telecom companies, not by taxes, and the president has nothing to do with it.
 
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he's of Lebanese descent, just like Issa (R).

FactCheck.org : The Obama Phone?
Q: Has the Obama administration started a program to use "taxpayer money" to give free cell phones to welfare recipients?

A: No. Low-income households have been eligible for discounted telephone service for more than a decade. But the program is funded by telecom companies, not by taxes, and the president has nothing to do with it.

So freeking what.... its been OUTSOURCED moron!
:fu:
 
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he's of Lebanese descent, just like Issa (R).

FactCheck.org : The Obama Phone?
Q: Has the Obama administration started a program to use "taxpayer money" to give free cell phones to welfare recipients?

A: No. Low-income households have been eligible for discounted telephone service for more than a decade. But the program is funded by telecom companies, not by taxes, and the president has nothing to do with it.


And? Did anyone say anything about his nationality and thanks for filling us in on when it started considering it's right there in the original post.

:confused::cool:

"he's of Lebanese descent, just like Issa (R)."

So was Danny Thomas and Jamie Farr. Is there a point in mentioning that?
 
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he's of Lebanese descent, just like Issa (R).

FactCheck.org : The Obama Phone?
Q: Has the Obama administration started a program to use "taxpayer money" to give free cell phones to welfare recipients?

A: No. Low-income households have been eligible for discounted telephone service for more than a decade. But the program is funded by telecom companies, not by taxes, and the president has nothing to do with it.

So freeking what.... its been OUTSOURCED moron!
:fu:

If it's been available for more than a decade, it was started under Jr.
 
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Another brain surgeon who tells us what we can read in the quote. :clap2:

:ahole-1:

So why are you calling them "Obamaphones" when they should actually be called "Bushphones"?

Did I call them that or is that what the article says? Should I alter what is there and distort people's words like Libs do? :cool:


Tell it to her as well:

[ame=http://www.youtube.com/watch?v=tpAOwJvTOio]Original Obamaphone Lady: Obama Voter Says Vote for Obama because he gives a free Phone - YouTube[/ame]

Actually, the fact that you brought this up in the first place shows what a political hack you are.
 
So why are you calling them "Obamaphones" when they should actually be called "Bushphones"?

Did I call them that or is that what the article says? Should I alter what is there and distort people's words like Libs do? :cool:


Tell it to her as well:

[ame=http://www.youtube.com/watch?v=tpAOwJvTOio]Original Obamaphone Lady: Obama Voter Says Vote for Obama because he gives a free Phone - YouTube[/ame]

Actually, the fact that you brought this up in the first place shows what a political hack you are.


And the fact that you brought up Obama makes you a worse one. I posted it word for word with no personal comment...attributing it to no one in particular. How about you rectum head?
 
None of you guys seem to understand how the lifeline program works.

The government doesn't supply you with a phone, they only pay for it. You can get a phone from whatever provider you want.

TracFone is just one of many providers that offer lifeline phones.
 

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