Yesterday the Detroit News caught the GM CEO admitting that Government Motors Chevy Volt could be built in China within a few years. But wait, just two weeks ago when Senator Stabenow voiced concerns about the Chinese gaining access to the Government Motors-developed green motor technology, GM said oh, don't be concerned, GM has no plans to build the Volt in China. So which of the CEO's statements are true? Good question.
But here's the real reason GM wants to build the Volt in China. China has a $19,000 per car subsidy for the buyer of electric vehicles, but China is refusing to apply the subsidy to electric car sales when the car is not made in China. In short, GM's imported Volt will cost $19,000 more than if it were built in China. But this is a flagrant World Trade Organization violation and is against China's own rules. Oh, those Chinese, they are just so clever, thumbing their noses at the WTO and at GM.
What else does China get from the "deal?" They get GM's Volt technology and trade secrets. The Chinese have a law that demands the transfer of "intellectual property," meaning "technology," to China in return for the use of Chinese labor to manufacture a product. This Chinese law does not apply to cars imported from the U.S that are not made in China, but China is ignoring their own rules and is treating the imported Volt the same as a made-in-China Volt. For GM to be allowed to build a China Volt factory GM must turn over to China electric vehicle technology that the U.S. developed and the tax payer paid for. This is also a WTO violation. China is licking their chops over this little tidbit because China's green vehicle technology is lagging far behind ours.
What has the "jobs" President done about this? Nothing. He is afraid of going to the WTO with a complaint against China on these two issues, though that's exactly the type of issue the WTO should address. Instead, he has agreed to let GM move electric car development to China. Oh, yes, he really cares about creating and keeping jobs in the U.S.
Where is the UAW on this? Who knows. They own a large part of GM. You'd expect the UAW members to be throwing a tantrum. Many of them will most likely lose their jobs when the Volt is only built in China within the next few years. But union management appears to be mum on the subject. They must not care when the Volt Made In America label becomes the Volt Made In China label. Union members, you've been had. You think the unemployment rate in the auto industry is high now? Just wait a couple of years. Better start training now for a different job because yours will be gone.
This is a great example of the lack of leadership in the Obama administration, the "pass-this-bill-now" jobs guy.
One other morsel of information I discovered while researching this subject. Shanghai is the site of GM's international headquarters. I understand that GM is a huge international company. But when Obama bailed them out and then put them into bankruptcy, did anyone see any bail-out save-the-company funds coming from China? What exactly did the U.S. taxpayer "save?" A huge international company with headquarters in Shanghai.
Welcome to the world of government stupidity.
Thursday, September 29, 2011
Wednesday, September 28, 2011
HERMAN CAIN'S 9-9-9 PLAN EXPLAINED BY HERMAN HIMSELF
Watch this to find out how Herman Cain's 9-9-9 plan would work. A great explanation for a simplified tax plan that would get everyone paying something. The 47% of Americans who currently do not pay one cent would have to contribute. I like the plan. I might even be in favor of a smaller "flat tax" number for low income people, say like 4% or 5% under a certain amount of income. Listen to his explanation and then YOU decide whether he makes sense or not. I like him because he's not a "career politician" and owes no one any political favors. He's an extremely successful businessman. And 2012 is our last chance to get it right and save the country. Though Cain is not a perfect candidate, none of them are, he doesn't have Romneycare hanging around his neck. He doesn't have in-state-tuition issues and you-must-vaccinate-your-teen-girls-by-executive-order issues like Perry.
CLICK HERE TO LISTEN TO HERMAN
CLICK HERE TO LISTEN TO HERMAN
Sunday, September 25, 2011
CAN PIGS FLOAT?
Have you ever heard of Hawaii Superferry? Well, in light of the recent news about the Solyndra bankruptcy, I thought you might like to know about another government handout that went swimmingly well, just like Solyndra.
There are two passenger ferries sitting empty at the Lambert’s Point Dock in Norfolk, VA. They were commissioned by a company called Hawaii Superferry. The company received $140 million in federal loan guarantees to pay for these two floating pigs, and then in 2009 defaulted and filed for bankruptcy.
The pork program involved is known as Title XI and has been around since 1936. Its purpose was to promote the growth and modernization of America’s merchant marine industry. Republicans and Democrats have historically used the program to support shipbuilders and owners of all kinds of marine vessels in their districts.
After 129 defaults cost the taxpayer over $2 billion Reagan suspended the program in 1987. It was resurrected by Clinton in 1993 when Title XI was reauthorized. Since reauthorization in 1993 the government has paid out $801 million in defaults on 15 loans it guaranteed. The government was able to recover only $142 million by seizing and selling assets of defaulting companies.
Now it’s 2011 and despite Title XI’s miserable bad-loan record, this year the Obama administration has awarded vessel owners $798 million in new guarantees, the most since 2001. An additional $712 million is currently being reviewed and will likely be approved. I personally like Reagan's 1987 decision - get rid of the program!
The program Administrator, David Matsuda, told a House panel that “the agency hasn’t always assessed risk.” And at times “decisions were made that, well, maybe they weren’t the best.” Well, no kidding!
And here’s what I found in the fine print of the Title XI authorization bill: “Title XI authorizes the U.S. Government to guarantee the repayment of debt obligations, including unpaid interest, of U. S. or foreign ship-owners…..” That’s right, FOREIGN SHIPOWNERS have access to these U. S. taxpayer loan guarantees. Are you upset yet? Disgusted?
The Cato Institute says that despite the massive losses in Title XI, members of Congress with shipbuilders in their districts will “fight to the death for it.”
The two Hawaii Superferry ships? They’re sitting in VA hoping the U. S. Maritime Administration can sell them for whatever they can get out of them in an attempt to recoup something, anything, for the U. S. taxpayer.
And Obama laments there’s no way to cut spending, we’ll be just fine if everyone “pays their fair share.”
Ah, Water Pork, pretty tasty, don’t you think?
There are two passenger ferries sitting empty at the Lambert’s Point Dock in Norfolk, VA. They were commissioned by a company called Hawaii Superferry. The company received $140 million in federal loan guarantees to pay for these two floating pigs, and then in 2009 defaulted and filed for bankruptcy.
The pork program involved is known as Title XI and has been around since 1936. Its purpose was to promote the growth and modernization of America’s merchant marine industry. Republicans and Democrats have historically used the program to support shipbuilders and owners of all kinds of marine vessels in their districts.
After 129 defaults cost the taxpayer over $2 billion Reagan suspended the program in 1987. It was resurrected by Clinton in 1993 when Title XI was reauthorized. Since reauthorization in 1993 the government has paid out $801 million in defaults on 15 loans it guaranteed. The government was able to recover only $142 million by seizing and selling assets of defaulting companies.
Now it’s 2011 and despite Title XI’s miserable bad-loan record, this year the Obama administration has awarded vessel owners $798 million in new guarantees, the most since 2001. An additional $712 million is currently being reviewed and will likely be approved. I personally like Reagan's 1987 decision - get rid of the program!
The program Administrator, David Matsuda, told a House panel that “the agency hasn’t always assessed risk.” And at times “decisions were made that, well, maybe they weren’t the best.” Well, no kidding!
And here’s what I found in the fine print of the Title XI authorization bill: “Title XI authorizes the U.S. Government to guarantee the repayment of debt obligations, including unpaid interest, of U. S. or foreign ship-owners…..” That’s right, FOREIGN SHIPOWNERS have access to these U. S. taxpayer loan guarantees. Are you upset yet? Disgusted?
The Cato Institute says that despite the massive losses in Title XI, members of Congress with shipbuilders in their districts will “fight to the death for it.”
The two Hawaii Superferry ships? They’re sitting in VA hoping the U. S. Maritime Administration can sell them for whatever they can get out of them in an attempt to recoup something, anything, for the U. S. taxpayer.
And Obama laments there’s no way to cut spending, we’ll be just fine if everyone “pays their fair share.”
Ah, Water Pork, pretty tasty, don’t you think?
Friday, September 23, 2011
MUFFIN MADNESS AND THE "PAY THEIR FAIR SHARE" PRESIDENT
Dear Mr. President, if I hear you use the words “pay their fair share” again I am going to stuff a $16 muffin down your skinny little throat. How dare you ask any American to pay any more taxes when you, your administration and many of the thieves running the myriad of boards, councils, advisory panels, and departments in our government squander money on over-priced meetings, meals and conferences?
Just in case your campaign promises have disappeared from your lexicon, let me remind you. Remember your promise of Hope and Change? And you were going to “fundamentally change Washington?” Have you forgotten your pledge about absolute open and transparent government? And you were going to eliminate fraud, waste and abuse?
Well, Mr. Oh-I-Forgot-My-Promise, what about these items? And you can’t get away with blaming the Republicans. Democrats have been in charge of Washington’s purse strings since 2007, as you and I both know.
Item 1: From October ’07 to September ’09 there were 10 conferences held by various governmental bodies that cost the American taxpayer 4.4 million dollars.
Item 2: August ’09, DOJ conference, $4200 spent on 250 breakfast muffins. That’s $16 per muffin.
Item 3: July ’08, Drug Enforcement Task Force meeting, $15,600 spent on coffee breaks. That’s $52 per person in attendance.
Item 4: February ’08, U. S. Attorneys’ Conference, $54,000 spent on food and beverages.
Item 5: December ’07, Emergency Response Conference, $90,000 spent on food and beverages.
Item 6: August, ’09, DOJ conference, $2880 for 300 cookies/brownies. That’s $9.60 per cookie/brownie.
Item 7: 2007, DOJ conference, $6360 for lunch for 120 people. That’s $53 per person – for LUNCH.
Item 8: 2007, DOJ conference, $60,000 for a reception serving Swedish meatballs that cost $5 per meatball.
Item 9: February, 2008, U. S. Attorneys conference, $5,431 for a dinner for 84 officials. That’s $65 per person. This elaborate dinner was served after the “84” had already eaten beef Wellington appetizers, which was billed separately, by the way. The next day 118 participants dined on crusted red snapper, stuffed chicken breast and beef medallions, along with hors d’oeuvres, side dishes and salads. Cost? $58 per person.
Item 10: The DOJ spent $600,000 for “event planning services” for five conferences. What? Don’t they have anyone on their employee roster who can plan an event?
Item 11: 2008-2009, DOJ spent $121 million on conferences, which exceeded its own spending limits.
So I say to you, Mr. President. This is not about anybody “paying their fair share.” This is about a government run amok, a government who thumbs its nose at the taxpayer, a government who views us as a never ending money supply. After all, it’s easy for you to get more greenbacks. Just raise taxes which is all we ever hear out of your elegantly fed mouth.
So my question is this: Why should any American pay more taxes, pay a “fair share,” as you have repeated over and over again, just so somebody in a fancy suit, silk tie and wingtips can have a $16 muffin and a $52 coffee break?
In passing Obamacare you cut $500 million from Medicare. And you expect us to believe that Social Security will die under the Republicans because of inadequate funding. Yet you refuse to cut spending in any meaningful way without raising taxes. You say there is no place to cut. How dare you? Why wouldn’t you protect Medicare and Social Security and cut $16 muffins??
So here, Mr. O., is my suggestion. Have you ever heard of teleconferencing? Just in case you are ignorant of the concept, it’s where people use their computers and Internet connections to “conference” from separate locations. It saves lots and lots of money, like $16 muffins, $52 coffee breaks, $5 meatballs, $10 cookies. Do I need to spell it out for you?
If you really want to do something to help save America you should sign an Executive Order that stops this kind of crap. Demand efficiency. Demand budget cuts for every federal department. Why would Americans give any more money to an administration that sanctions this abuse just to buy more $16 muffins? Or is it part of your “Fair Share Shakedown?”
Just in case your campaign promises have disappeared from your lexicon, let me remind you. Remember your promise of Hope and Change? And you were going to “fundamentally change Washington?” Have you forgotten your pledge about absolute open and transparent government? And you were going to eliminate fraud, waste and abuse?
Well, Mr. Oh-I-Forgot-My-Promise, what about these items? And you can’t get away with blaming the Republicans. Democrats have been in charge of Washington’s purse strings since 2007, as you and I both know.
Item 1: From October ’07 to September ’09 there were 10 conferences held by various governmental bodies that cost the American taxpayer 4.4 million dollars.
Item 2: August ’09, DOJ conference, $4200 spent on 250 breakfast muffins. That’s $16 per muffin.
Item 3: July ’08, Drug Enforcement Task Force meeting, $15,600 spent on coffee breaks. That’s $52 per person in attendance.
Item 4: February ’08, U. S. Attorneys’ Conference, $54,000 spent on food and beverages.
Item 5: December ’07, Emergency Response Conference, $90,000 spent on food and beverages.
Item 6: August, ’09, DOJ conference, $2880 for 300 cookies/brownies. That’s $9.60 per cookie/brownie.
Item 7: 2007, DOJ conference, $6360 for lunch for 120 people. That’s $53 per person – for LUNCH.
Item 8: 2007, DOJ conference, $60,000 for a reception serving Swedish meatballs that cost $5 per meatball.
Item 9: February, 2008, U. S. Attorneys conference, $5,431 for a dinner for 84 officials. That’s $65 per person. This elaborate dinner was served after the “84” had already eaten beef Wellington appetizers, which was billed separately, by the way. The next day 118 participants dined on crusted red snapper, stuffed chicken breast and beef medallions, along with hors d’oeuvres, side dishes and salads. Cost? $58 per person.
Item 10: The DOJ spent $600,000 for “event planning services” for five conferences. What? Don’t they have anyone on their employee roster who can plan an event?
Item 11: 2008-2009, DOJ spent $121 million on conferences, which exceeded its own spending limits.
So I say to you, Mr. President. This is not about anybody “paying their fair share.” This is about a government run amok, a government who thumbs its nose at the taxpayer, a government who views us as a never ending money supply. After all, it’s easy for you to get more greenbacks. Just raise taxes which is all we ever hear out of your elegantly fed mouth.
So my question is this: Why should any American pay more taxes, pay a “fair share,” as you have repeated over and over again, just so somebody in a fancy suit, silk tie and wingtips can have a $16 muffin and a $52 coffee break?
In passing Obamacare you cut $500 million from Medicare. And you expect us to believe that Social Security will die under the Republicans because of inadequate funding. Yet you refuse to cut spending in any meaningful way without raising taxes. You say there is no place to cut. How dare you? Why wouldn’t you protect Medicare and Social Security and cut $16 muffins??
So here, Mr. O., is my suggestion. Have you ever heard of teleconferencing? Just in case you are ignorant of the concept, it’s where people use their computers and Internet connections to “conference” from separate locations. It saves lots and lots of money, like $16 muffins, $52 coffee breaks, $5 meatballs, $10 cookies. Do I need to spell it out for you?
If you really want to do something to help save America you should sign an Executive Order that stops this kind of crap. Demand efficiency. Demand budget cuts for every federal department. Why would Americans give any more money to an administration that sanctions this abuse just to buy more $16 muffins? Or is it part of your “Fair Share Shakedown?”
Thursday, September 22, 2011
AUTOMATONS GOOSE-STEPPING IN WISCONSIN'S CAPITAL ROTUNDA
Wonder Why the Legislators in Madison can't get much done at mid-day? And why lots of WI schools have had to cancel their class trips to Madison to see the Capital? And why the blood bank has had to close down? Why Capital Tour participants have to wear ear plugs? Why Capital visitors are forced to leave the rotunda because of the din. Why Capital staffers and employees are leaving work with headaches and ringing ears? Watch the video for a vivid picture of Capital protesters. Members of the noon-day sing-a-long, which takes place inside the Wisconsin Capitol rotunda daily, talk about fatigue and how they keep staying strong for the "protest."
Solidarity forever?? Raised fists?? Reminds me of the Communist Party. But these people are union puppets, brainwashed, indoctrinated, goose-stepping around the Capital rotunda like automatons. Common sense? Uh huh. Respect for others? Guess not. Respect for the Capital? Not a bit. Do they have jobs? One wonders. They march in a circle, are disruptive and obnoxious, shouting and singing, and behaving in the same oppressive manner that they so vehemently decry.
This boorish temper tantrum goes on while the State of WI, school districts and municipal governments continue to rack up millions of dollars in savings thanks to the elimination of collective bargaining. I say, Right On, Governor Walker. THANK YOU. You did what we elected you to do.
Solidarity forever?? Raised fists?? Reminds me of the Communist Party. But these people are union puppets, brainwashed, indoctrinated, goose-stepping around the Capital rotunda like automatons. Common sense? Uh huh. Respect for others? Guess not. Respect for the Capital? Not a bit. Do they have jobs? One wonders. They march in a circle, are disruptive and obnoxious, shouting and singing, and behaving in the same oppressive manner that they so vehemently decry.
This boorish temper tantrum goes on while the State of WI, school districts and municipal governments continue to rack up millions of dollars in savings thanks to the elimination of collective bargaining. I say, Right On, Governor Walker. THANK YOU. You did what we elected you to do.
Friday, September 16, 2011
SOLYNDRA SCANDAL, CHICAGO RATS INFEST THE WHITE HOUSE
Why is the media so surprised at the Solyndra scandal and the White House’s involvement? Only the ignorant would believe that Obama and the Chicago crooks he dragged to Washington with him left all their sleazy politics in Chicago?
Solyndra facts are coming at us faster than a speeding bullet. Here’s what happened.
Solyndra is a “green company” building solar panels, one of Obama’s pet companies. In May, 2010 Obama spoke at Solyndra’s newly unveiled factory bragging that “we can see the positive impact of the stimulus right here at Solyndra.” The speech was to announce that Solyndra was the first solar company to receive money from Obama’s slush fund, the Stimulus Bill, in the form of a $535 million loan guarantee from the Energy Department, all part of Obama’s green jobs push.
Ah, but wait. This loan guarantee was turned down by the Bush administration 9 days prior to his leaving office. They felt it was too risky. As soon as Obama took office the loan guarantee got onto a Fast Track. Why would Obama speed things along? The Washington Post found evidence that the White House made a concerted effort to improperly rush the Solyndra loan decision for political reasons. Of course, Obama has denied that, but now the emails are being made public – the emails that prove that Office of Management and Budget, who reviews loan guarantees, told the White House, “wait a minute, not so fast, we don’t have enough time for due diligence reviews, we are being rushed to approve this without adequate time to assess the risk to taxpayers.”
But the White House pushed forward because they were under a time crunch. They were scheduled to make the big Solyndra loan guarantee announcement within weeks, and they needed this approved immediately. The prediction? Well, one of the emails stated that the company would burn through the loaned money by September, 2011. But Obama and crew demanded it be approved anyway.
Two years later, September, 2011, it comes to pass. Solyndra filed for bankruptcy, putting 1100 people out of work.
But wait, there’s more.
One of Solyndra’s biggest stockholders is an oil billionaire named George Kaiser. Kaiser “bundled” (raised) approximately $100,000 for the Obama presidential campaign. Kaiser made no less than 9 visits to the White House in the weeks prior to the loan approval. Solyndra execs, including the CEO, also made numerous White House visits just prior to cashin’ in. Solyndra execs also contributed to Obama’s presidential campaign and other Democrats. Wow, you rub my back, I’ll rub yours. With taxpayer money, no less.
No wonder Obama’s position is that White House visitor logs are not for the public to see and continually drags his feet when a FOIA request for the records has been filed. He doesn’t want us to know who’s been currying favors at the White House. I mean, besides the unions.
And there’s even more.
In Feb. 2011 it was clear Solyndra was in great trouble, by their own admission. So what does Obama’s Dept. of Energy do? They restructure Solyndra’s taxpayer loan. Basically, they refinanced it. George Kaiser, you remember him, Obama’s donation buddy? Well, good old oil rich billionaire George agreed to make a $75 million loan available to Solyndra in exchange for the right to be repaid first if the company failed. Now by this time, everyone knew the company was going under, so Kaiser’s largess was no risk to him at all. How could this happen? Under the terms of the loan agreement and by Federal Code the American taxpayers must remain first in line for repayment when the taxpayer is the “bank”. But this didn’t matter to Obama and his village idiots. They put your tax money behind George’s because he raised lots of money for Obama and the Dems. This must be the Hope and Change he said we’d get.
And one other little tidbit.
The government’s interest rate on the Solyndra loan is at least 50% lower than interest rates given to other companies who received DOE stimulus funds. Most of the other loans were around 3.5%. Solyndra’s was between 1.025% and 1.515%. It sure pays to have a personal friend in the White House.
And just to give you all information on the subject, the DOE loan guarantee program that allowed this to happen is called the Energy Policy Act of 2005. Bush signed the bill with the support of most Republicans and Democrats, including then-Senator Obama. The Energy Policy Act of 2005 addresses energy production in the United States, including: (1) energy efficiency; (2) renewable energy; (3) oil and gas; (4) coal; (5) Tribal energy; (6) nuclear matters and security; (7) vehicles and motor fuels, including ethanol; (8) hydrogen; (9) electricity; (10) energy tax incentives; (11) hydropower and geothermal energy; and (12) climate change technology. It’s rather all-encompassing.
The Act was a byproduct of the Cheney Energy Task Force. However, the Task Force became a special interest group through which environmentalists, companies and industries could plead their case for government subsidies for their pet projects. The Task Force resulted in a law designed to shovel out taxpayer money to favored corporations and interests, no matter who sits in the White House. The intention may have been noble. The result has been corrupt political pay offs, such as the Solyndra Scandal.
This is a great example of what happens when the big government checkbook is used to subsidize pet projects that should be left to the private sector.
And there are many, many more “green energy” companies in the process of being approved for handouts of our money. Three others who received funds have already gone under.
The incompetence, fraud, lack of morality, ethics and virtue in the White House is astounding. We need to clean house. That’s what 2012 is going to be for. And we better continue what was started in 2010 or we are doomed.
Solyndra facts are coming at us faster than a speeding bullet. Here’s what happened.
Solyndra is a “green company” building solar panels, one of Obama’s pet companies. In May, 2010 Obama spoke at Solyndra’s newly unveiled factory bragging that “we can see the positive impact of the stimulus right here at Solyndra.” The speech was to announce that Solyndra was the first solar company to receive money from Obama’s slush fund, the Stimulus Bill, in the form of a $535 million loan guarantee from the Energy Department, all part of Obama’s green jobs push.
Ah, but wait. This loan guarantee was turned down by the Bush administration 9 days prior to his leaving office. They felt it was too risky. As soon as Obama took office the loan guarantee got onto a Fast Track. Why would Obama speed things along? The Washington Post found evidence that the White House made a concerted effort to improperly rush the Solyndra loan decision for political reasons. Of course, Obama has denied that, but now the emails are being made public – the emails that prove that Office of Management and Budget, who reviews loan guarantees, told the White House, “wait a minute, not so fast, we don’t have enough time for due diligence reviews, we are being rushed to approve this without adequate time to assess the risk to taxpayers.”
But the White House pushed forward because they were under a time crunch. They were scheduled to make the big Solyndra loan guarantee announcement within weeks, and they needed this approved immediately. The prediction? Well, one of the emails stated that the company would burn through the loaned money by September, 2011. But Obama and crew demanded it be approved anyway.
Two years later, September, 2011, it comes to pass. Solyndra filed for bankruptcy, putting 1100 people out of work.
But wait, there’s more.
One of Solyndra’s biggest stockholders is an oil billionaire named George Kaiser. Kaiser “bundled” (raised) approximately $100,000 for the Obama presidential campaign. Kaiser made no less than 9 visits to the White House in the weeks prior to the loan approval. Solyndra execs, including the CEO, also made numerous White House visits just prior to cashin’ in. Solyndra execs also contributed to Obama’s presidential campaign and other Democrats. Wow, you rub my back, I’ll rub yours. With taxpayer money, no less.
No wonder Obama’s position is that White House visitor logs are not for the public to see and continually drags his feet when a FOIA request for the records has been filed. He doesn’t want us to know who’s been currying favors at the White House. I mean, besides the unions.
And there’s even more.
In Feb. 2011 it was clear Solyndra was in great trouble, by their own admission. So what does Obama’s Dept. of Energy do? They restructure Solyndra’s taxpayer loan. Basically, they refinanced it. George Kaiser, you remember him, Obama’s donation buddy? Well, good old oil rich billionaire George agreed to make a $75 million loan available to Solyndra in exchange for the right to be repaid first if the company failed. Now by this time, everyone knew the company was going under, so Kaiser’s largess was no risk to him at all. How could this happen? Under the terms of the loan agreement and by Federal Code the American taxpayers must remain first in line for repayment when the taxpayer is the “bank”. But this didn’t matter to Obama and his village idiots. They put your tax money behind George’s because he raised lots of money for Obama and the Dems. This must be the Hope and Change he said we’d get.
And one other little tidbit.
The government’s interest rate on the Solyndra loan is at least 50% lower than interest rates given to other companies who received DOE stimulus funds. Most of the other loans were around 3.5%. Solyndra’s was between 1.025% and 1.515%. It sure pays to have a personal friend in the White House.
And just to give you all information on the subject, the DOE loan guarantee program that allowed this to happen is called the Energy Policy Act of 2005. Bush signed the bill with the support of most Republicans and Democrats, including then-Senator Obama. The Energy Policy Act of 2005 addresses energy production in the United States, including: (1) energy efficiency; (2) renewable energy; (3) oil and gas; (4) coal; (5) Tribal energy; (6) nuclear matters and security; (7) vehicles and motor fuels, including ethanol; (8) hydrogen; (9) electricity; (10) energy tax incentives; (11) hydropower and geothermal energy; and (12) climate change technology. It’s rather all-encompassing.
The Act was a byproduct of the Cheney Energy Task Force. However, the Task Force became a special interest group through which environmentalists, companies and industries could plead their case for government subsidies for their pet projects. The Task Force resulted in a law designed to shovel out taxpayer money to favored corporations and interests, no matter who sits in the White House. The intention may have been noble. The result has been corrupt political pay offs, such as the Solyndra Scandal.
This is a great example of what happens when the big government checkbook is used to subsidize pet projects that should be left to the private sector.
And there are many, many more “green energy” companies in the process of being approved for handouts of our money. Three others who received funds have already gone under.
The incompetence, fraud, lack of morality, ethics and virtue in the White House is astounding. We need to clean house. That’s what 2012 is going to be for. And we better continue what was started in 2010 or we are doomed.
Tuesday, September 13, 2011
FIRST LADY FLAG-A-PHOBIA
Here it is, the video you probably haven't seen. Michelle and Barack at the 9/11 Memorial Service. This video was captured unbeknownst to them. So the question circulating is, "What Is She Saying?"
HERE ARE THE MAYBE'S, THE PERHAPS'S, THE POSSIBILITIES. WATCH THEM, READ HER LIPS, SEE HIS REACTION. THEN YOU DECIDE!
1. "What's that for? The Flag?"
2. "Look how they fold the flag."
3. "What is this for? The flag?"
4. "All of this to fold a flag?"
5. "All this for a flag?" (This is the interpretation offered by a deaf person who is expert at lip-reading.)
Whatever it was, she said it, he agreed. On a day when everyone in the crowd was honoring the fallen, paying their respects, mourning their loss, the First Lady engages in eye rolling, sneers of disgust, head shaking, and generally contemptous behavior, and the President agrees with her. She acts like she has never been to a memorial flag folding ceremony before. Her body language tells the true story of the complete and utter contempt she holds for America. This is probably why Obama's handlers keep Miss Michelle out of the spotlight, put a lid on her public appearances, and send her on permanent vacations. She's been assigned an army of public relations and media handlers (we pay for) who know she's a liability and that's why we seldom see her at public events.
But when we do, oh, what we can learn.
HERE ARE THE MAYBE'S, THE PERHAPS'S, THE POSSIBILITIES. WATCH THEM, READ HER LIPS, SEE HIS REACTION. THEN YOU DECIDE!
1. "What's that for? The Flag?"
2. "Look how they fold the flag."
3. "What is this for? The flag?"
4. "All of this to fold a flag?"
5. "All this for a flag?" (This is the interpretation offered by a deaf person who is expert at lip-reading.)
Whatever it was, she said it, he agreed. On a day when everyone in the crowd was honoring the fallen, paying their respects, mourning their loss, the First Lady engages in eye rolling, sneers of disgust, head shaking, and generally contemptous behavior, and the President agrees with her. She acts like she has never been to a memorial flag folding ceremony before. Her body language tells the true story of the complete and utter contempt she holds for America. This is probably why Obama's handlers keep Miss Michelle out of the spotlight, put a lid on her public appearances, and send her on permanent vacations. She's been assigned an army of public relations and media handlers (we pay for) who know she's a liability and that's why we seldom see her at public events.
But when we do, oh, what we can learn.
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