1 Million Using Obama Phones in Ohio

According to the Federal Communications Communication, a program that gives free or subsidized phones to low-income people has doubled in the state of Ohio over the past year, to cover more than 1 million people. The Dayton Daily News reports that the program cost the state of Ohio almost $27 million – just in the first quarter of 2012. That was a more than $11 million increase from the same period the previous year.

Taxpayers are covering this program two ways: direct cash expenditures, and a raise in phone rates via the “Universal Service Fund” charge on phone bills.

No wonder so many voters in Ohio are supporting Obama. They are getting Obama phones.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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