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President Obama's 'Save the Planet Slush Fund' Exposed

Posted by Christine Lakatos on December 16, 2013 at 11:30am

"Hope & Change"…and Saving the Planet 4063792327?profile=original

Barack Obama's original 2008 presidential campaign of “Hope and Change,” masterminded by campaign manager David Plouffe and chief strategist David Axelrod, was a triumph messaging, which quickly gathered immense attraction across our nation and abroad.

Part of Obama’s change crusade included slamming Wall Street at every turn, especially during his first term, labeling them as “fat-cat bankers,” who don’t follow the rules. In fact, President Obama proclaimed in a December 13, 2009 60-Minutes interview, "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street…" 


While the majority of Americans were mesmerized by his messaging, along with the left-wing media's "thrill up their leg" –– glorifying him to sainthood even –– by late 2009, Matt Taibbi, liberal writer for Rolling Stone Magazine, laid out a compelling case on how Obama sold out to Wall Street: "Obama's Big Sellout." "Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008." The Obama inspiration came from the "sense that a genuine outsider was finally breaking into an exclusive club, and they were voting for 'change,'” were some of the words Taibbi penned regarding then-Senator Barack Obama’s rise to power.

Needless to say, Taibbi seemed shocked, documenting that it all began after Obama was elected in 2008: "What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history." Later Taibbi asks the question, "How did we get here?" He then answers, "It started just moments after the election –– and nobody noticed." 



Outsider? 



Quite the contrary, because Obama arrived on the scene with his fair share of Wall Street buddies, which in fact helped ensure his presidential victory in 2008 –– with many again in 2012 –– poring millions of dollars into his campaign coffers, making their mark as TOP campaign donors, with even Wall Street executives bundling huge sums of money for Obama. There were many of the too-big-to-fail banks (you know the ones that we, the taxpayer, bailed out) that made this special donor list: Citigroup, Goldman Sachs, JP Morgan Chase, and Morgan Stanley. Further down the line you'll find Bank of America, Lehman Brothers, Merrill Lynch –– the latter two indirectly, and so on. Meanwhile, many of the executives running these enormous failures, were not only handed big bonuses, but Obama  rewarded them and his big bundlers with "jobs, commissions, stimulus money, government contracts, and more"  –– with Wall Street given key positions inside the White House and also tapping into the "green" funds.

Wall Street was not the only big backer of Obama’s 2008 and 2012 presidential bids. Besides having the usual (and expected) environmentalists and left-wing organizations in his back pocket, there were Big Venture Capitalists, Big Left-wing Money, Big Energy, and Big Oil, all bundling for, and donating to his campaign  –– with each snagging their fare share of money from President Obama's “save the planet slush fund.”

Save the Planet Slush Fund

"America, this is our moment…the moment when the rise of the oceans began to slow and our planet began to heal," candidate Obama declared in a June 8, 2008 speech.

Furthermore, not only did the "candidate of hope and change" pledge to do the miraculous, Senator Obama, during the 2008 Democratic National Convention, vowed to save the planet: 


 Now is the time to end this addiction, and to understand that drilling is a stopgap measure, not a long-term solution. Not even close. As president, I will tap our natural gas reserves, invest in clean coal technology, and find ways to safely harness nuclear power. I'll help our auto companies retool, so that the fuel-efficient cars of the future are built right here in America. I'll make it easier for the American people to afford these new cars. And I'll invest $150 billion over the next decade in affordable, renewable sources of energy - wind power and solar power and the next generation of bio-fuels; an investment that will lead to new industries and five million new jobs that pay well and can't ever be outsourced.

Shortly after President Obama began his reign as our 44th president, in February 2009, he signed into law the American Recovery and Reinvestment Act (ARRA). This was a massive economic stimulus bill –– among the biggest in history and the number one lobbied piece of legislation since 2005 –– that was sold to the American people as a means save our economy from the brink of disaster and create American jobs.

By the beginning of 2012, revelations revealed the real intent behind Obama's trillion-dollar spending spree ("walking around money"): it was “a key tool for advancing the Obama administration’s clean-energy goals and fulfilling a number of campaign commitments.” In fact, the 2009-Stimulus package was jammed-packed full of clean-energy provisions, of which about 10 percent of the monies were earmarked for renewable energy.

It's important to point out that the $100 billion in stimulus funds is not the only money being used to fuel the Obama administration's efforts to save the planet; it's closer to $150 billion and counting, because they continue to dole out more –– and all at at time when we are drowning in debt. A March 2012 report by the Brookings Institute places the Obama administrations' "total government spending (both stimulus and non-stimulus) on green initiatives at $150 billion through 2014." And what did we, the taxpayer, get out of the deal? Billions wasted, increased debt, outsourcing clean-energy money and green jobs to other countries, as well as massive amounts of corporate welfare, cronyism, and corruption.

The most controversial has been the Department of Energy's Loan Guarantee Program, which comprises of Section 1703, Section 1705, and Advanced Technology Vehicles Manufacturing (ATVM). While both Section 1703 and the ATVM programs were established during the Bush administration, Section 1705 was created by the 2009-Recovery Act that included $16 billion in lending power. Thus far the DOE has guaranteed $34.7 billion of taxpayer money, and even though the 1705 has expired, there are reports that “the department still has about $50 billion left that could be lent, with a large chunk earmarked for nuclear projects.”

This is the same Energy Department program which the Green Corruption Files has exposed over and over how at least 90 percent of the loan winners have meaningful politically connections to the president and other high-ranking Democrats –– in many cases to both, with Majority Leader Harry Reid tied to five (a bombshell report we released last month). It also brought you the big alternative energy losers such as Solyndra, Beacon Power, Abound Solar, Fisker Automotive, and Vehicle Production Group, flushing millions of tax dollars down the eco-toilet. With SoloPower, Nevada Geothermal and others in the shadows, and quite a few DOE clean-energy projects at risk –– AREVA and its $2 billion, Georgia Power Company and its $8.33 billion –– there are billions more still hanging on the edge.

Also, many of these same companies that were funded with DOE loans, also won free taxpayer cash from one of the biggest stimulus scams: the 1603 Treasury Program, which has to date given out $19,349,675,402. This is another part of the scandal that we've been tracking that also includes numerous favored clean-energy projects. The real shock came at the end of 2102 when we learned from the Energy and Commerce Committee's “in-depth report on its ongoing investigation into the implementation of President Obama’s green energy stimulus spending,” which exposed the fact that “foreign corporations have received approximately one-quarter of $16 billion spent on 'Section 1603' renewable energy stimulus program.”

Last fall, and since, we've debunked the president's 5 million green jobs campaign promise. Worse, the Obama administration has shipped green jobs overseas, and from the beginning, the Department of Energy has exaggerated and/or manipulated the number of green jobs created, calculating saved, indirect, direct, and "touching lives" in the mix –– along with the Obama administration’s labor department counting oil lobbyists, sanitation engineers, school bus drivers, bicycle repair shop clerks, and so on, as as green jobs.


In May 8, 2013, a report by the Institute for Energy Research (IER) gave us insight into the DOE's dismal reality on green jobs: "the Department of Energy has spent nearly $26 billion since 2009 on its Section 1703 and 1705 loan programs. However, these two programs only yielded 2,308 permanent jobs — meaning the cost to taxpayers was $11.25 million per job," recorded the Daily Caller.

As you will discover throughout our work, the DOE loan program is not the only vehicle used to transport taxpayer funds toward alternative energy. There are numerous ways, which includes the U.S. Department of Agriculture’s Biorefinery Assistance Program that along with the DOE, used billions of taxpayer money to fund risky biofuel projects that were "not so shovel-ready" –– yet as usual, the majority had significant political connections. There are smaller grant programs like the ARPA-E and the SunShot Initiative. Throw in the Clean Energy R&D, where "$2.5 billion went for applied research, development, demonstration and deployment activities at the Energy Department’s Office of EERE," of which a huge chunk was designated for biomass energy projects and geothermal projects.

There were additional stimulus funds that were appropriated to the Energy Department, which includes $11 billion for Grid Modernization; the $5 billion Home Weatherization Program; the $6 billion Nuclear Waste Clean Up as well as $3.4 billion for carbon capture and sequestration demonstration projects; $2 billion for research into batteries for electric cars; $500 million for Green Jobs Training; and funds that went to various state energy programs.

Did you know that there is a "Green War" being waged? Yep, the Department of Defense has launched more green energy initiatives than any other federal agency and many are duplicative and wasteful," as reported by the Washington Free Beacon.

Another means where huge corporations and Obama's green buddies get taxpayer money is through the taxpayer-supported Export-Import Bank (Ex-Im), who "has a Congressional mandate to support renewable energy and has been directed that 10% of its authorizations should be dedicated to renewable energy and environmentally beneficial transactions."

Clean Energy; Dirty Money 

What happened during President Obama’s first term –– and is continuing into his second –– is the focus of Clean Energy; Dirty Money: How the Obama administration hijacked our environment and doled out tens of billions of our tax dollars to payback his political cronies –– "green" bundlers, top donors, financiers, and allies –– catapulting crony capitalism to a staggering level, while fueling corporate welfare and corruption.


 Hope and change were still alive in 2012, but this time in the president’s “forward” message, fear was added as its running mate. The president described 2012 as a "make-or-break moment for America's middle class," before incorporating the theme of moving "forward." 

"We've got to move forward, to the future that we imagined in 2008. We've got to move forward to that future where everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same rules," President Obama hyped. 


Again, during his re-election bid, President Obama had promised that climate change would be a priority in his second term –– a term he began with more scare tactics, proclaiming that the failure to tackle climate change, “would betray our children and future generations.”

But it wasn't until June of 2013 that the president unleashed his new climate agenda; however, prior to and since that time, his administration has continually fired up new climate legislation, regulations and mandates, which benefits special interest groups while adversely affecting American families. And, like the Affordable Care Act taking over our entire health care industry, will in essence, under the guise of "saving the planet," dominate our most valuable resource –– energy. The National Review took notice of "Obama's radical climate agenda," which by the way circumvents Congress, alarming that "the president announced that, on behalf of 'all of humankind,' he is in effect directing the EPA to take over the American economy." Reason.com, too, sees the dire reality here: "Obama’s plan ambitiously seeks to control nearly every aspect of how Americans produce and consume energy."

Last but not least, the president's Climate Action Plan calls for releasing more taxpayer money –– thus once again funding the Green Bank of Obama. “This time, though, the [DOE loan] program would devote as much as $8 billion to helping industries like coal and oil make cleaner energy,” wrote the New York Times. The Institute for Energy Research (IER) took aim at this part of the plan: "This proposal is nothing but window dressing to make it appear that the administration isn’t completely anti-coal. The new proposal would throw good money after bad."

As I was preparing this post, Energy Secretary Moniz via the Energy Department "released [that] $8 billion solicitation for advanced fossil energy projects."  They expect to receive the initial applications by the end of February 2014.


 This month, the Energy Department, through the Advanced Energy Manufacturing Tax Credit program (48C Program), which is also part of the president's Climate Action Plan, announced "$150 million in clean-energy tax credits to build U.S. capabilities in clean energy manufacturing. The credits will go towards investments in domestic manufacturing equipment by 12 businesses."

Last August, it was reported that "Senior officials from the Department of Energy have signaled the Obama administration is ready to restart" the ATVM program (explained earlier). This is part   the Energy Department's loan power, of which if we go back in time, around June 2009, we find that the DOE starting funding electric cars. Needless to say, this program drew over 100 applicants, but only the "FAVORED FIVE" were granted ATVM loans, totaling $8.4 billion –– igniting red flags, spurring on lawsuits, bursting with electric issues, and thus far two have slipped into the abyss: Fisker Automotive ($529 million) and Vehicle Production Group ($50 million). Yet the Energy Department deems the ATVM loan program a success, however, others, in analyzing the facts, see that Obama's electric vehicle loan program as a "failure."

Follow the Money 

Since late 2009, we've been following the "green" money and connecting the dots –– money that not only led to plenty of fraud, waste, and mismanagement, but also abuse, cronyism, corruption, and failure. Today's post will provide you with a breakdown of where we started, how far we've come, and what's left to expose. The Green Corruption Files has unleashed a treasure trove of evidence that stems from over three years of extensive research; House Oversight reports, hearings and internal emails; Inspector General reports, whistle-blower Intel; as well as Peter Schweizer's bombshell bestseller, Throw Them All Out and various publications covering the topic –– proving that cronyism and corruption are the driving forces behind the Obama administration's clean-energy (climate change) agenda.

Green Corruption began in 2010 at Blogcritics Magazine 

  1. Obama’s Political Payback: Green Corruption, Part One first published @ Blogcritics Magazine July 19, 2010; then posted @ The Green Corruption Files April 28, 2012) 
  2. Obama’s Political Payback: Green Corruption, Part Two (first published @ Blogcritics Magazine July 20, 2010; then posted @ The Green Corruption Files April 28, 2012)
  3. Green Corruption: The Plot Thickens (first published @ Blogcritics Magazine August 7, 2010; then posted at @ the The Green Corruption Files April 28, 2012) 


The Green Corruption Files: 2012 with 23 Posts

  1. Green Corruption: Department of Energy “Junk Loans” and Cronyism (first published @ Blogcritics Magazine on April 17, 2012, then posted Saturday, April 28, 2012 –– also at EPA Abuse on May 1, 2012, California Political News and Views on May 5, 2012, and many other Conservative sites) 
  2.  BREAKING: BrightSource Energy Political Influence and Their $1.6 Billion DOE Loan (posted Wednesday, May 16, 2012)
  3.  BREAKING: NRG Energy on the DOE Cronyism Hot Seat, Also Tied to George Soros (posted Tuesday, May 22, 2012)
  4. Lou Dobbs "Shocks" Bill O'Reilly on the Severity of Obama DOE Crony Capitalism (posted Friday, May 25, 2012) 
  5. Obama-Tied Troubled First Solar $3 Billion DOE Loans Produce Majority of Jobs Oversees, CEO Sold His Own Stock; Plus More "Clean-Energy Dirt" Exposed (posted Monday, June 11, 2012) 
  6. Obama’s Green-Energy, Crony-Corruption Story; Special Seven, Part 1 Expanded Version (posted Saturday, June 30, 2012)
  7. Shining the Light on BrightSource Energy's $1.6 Billion Shady DOE Deal: Special Seven, Part Two (posted Friday, July 6, 2012)
  8. General Electric Making “Bank” off Obama's “Green” Stimulus Money; Over $3 Billion and Counting (posted Thursday, July 12, 2012)
  9. Senator Harry Reid’s Part in Green-Energy Crony-Corruption, Part Three of The Special Seven (posted Sunday, July 15, 2012)
  10. The First Solar Three Billion Dollar Swindle (posted Wednesday, July 25, 2012)
  11. Recent Oversight Hearing Reveals Shady Email Practices by Former DOE Loan Advisor Jonathan Silver; Abound Solar Blames China for its Demise (posted Thursday, July 26, 2012)
  12. How Democrats Say "Crony Corruption" in Spanish: Abengoa UPDATED VERSION (posted Wednesday, August 8, 2012) 
  13. Beacon Bust Tied to Obama Bundler and VP Hunter, the Infamous Washington Fixture, James A. Johnson (posted Wednesday, August 15, 2012)
  14. NextEra Energy: Third Largest Power Company in the World is the Third Largest Recipient of DOE Risky Loans; CEO Sits on President Obama's Jobs Council (posted Saturday, August 18, 2012)
  15. Obama’s Green Cronies Made DNC Cameo: Bundlers and Big Donors Tied to Billions of Stimulus Funds (posted Friday, September 21, 2012)
  16. Special Report Part One: Obama, the Green Loser; Cronyism Inc. (posted Monday, October 15, 2012)
  17. Special Report Part Two: Obama, the Green Loser; Cronyism Inc. (posted Monday, October 15, 2012) 
  18. Where are the 5 Million Green Jobs Candidate Obama Promised? (posted Monday, October 15, 2012)
  19. Green Alert: Tracking President Obama's Green Energy Failures (posted Saturday, October 20, 2012)
  20. BREAKING: Newly Released House Oversight Emails Incriminate White House in Green-Energy Loan Lies (posted Thursday, November 1, 2012)
  21. Busting Open Obama Energy Department's Den of Deception (posted Monday, November 5, 2012)
  22. DEVELOPING: Department of Energy Facing "Corruption" Lawsuit, Shocking DOE Emails, and the $8.4 Billion ATVM Program's "Favored Five" (posted Friday, November 23, 2012)
  23. The Green Five: Spreading the Wealth to Obama’s Ultra-Rich Jobs Council Members; Part One, 10/31/12 DOE Emails Prove White House Pressure on $1.3 Billion Loan to General Electric Wind Project (posted Sunday, December 23, 2012)

 

The Green Corruption Files: 2013 with 22 posts 

  1. Tuesday, January 8, 2013 –– Bank of Obama: John Doerr and Al Gore of Kleiner Perkins, The Mother of All Green Energy Stimulus Money Winners
  2. Monday, January 21, 2013 –– Climate Hawk Senator John Kerry and His Green Inside Deals
  3. Tuesday, January 22, 2013 –– Big Wind Energy Subsidies: A Hurricane of Carnage, Cronyism and Corruption
  4. Thursday, February 7, 2013 –– Obama's Jobs Council Closed: Mega-Rich Member Penny Pritzker "Rumored" for Commerce Job, “Related” to Two Large Green Corruption Stories 
  5. Friday, February 22, 2013 –– Citigroup’s Massive 'Green' Money Machine 
  6. Thursday, February 28, 2013 –– Wall Street Walks all over the Obama White House 
  7. Friday, March 22, 2013 –– Left-wing Billionaire George Soros: Obama’s "Agent of Green"
  8. Monday, April 1, 2013 –– SoloPower: Another Department of Energy “Junk Loan” Teetering with Over $250 Million of Taxpayer Money
  9. Thursday, April 11, 2013 –– Newly Bankrupt Chinese Solar Producer Suntech, Stimulus Tax Credit Winner and Contractor to Energy Department’s $337 million Junk Loan: a Tiny Fraction of Obama’s “Green Outsourcing"
  10. Wednesday, April 24, 2013 –– Failing Fisker Auto Finally Faces House Oversight Hearing: Chairman Jordan Exposes Another DOE Junk Loan, Declares, "Fisker should have never received taxpayer money”
  11. Thursday, May 9, 2013 –– Americans Bothered By the Way our Government Spends Taxes: Billions Burned on Obama's Green Energy 
  12. Wednesday, May 29, 2013 –– Smart Gird, Dirty Devices: With "friends" in the White House, Silver Spring Networks linked to at least $1.3 billion of smart-grid stimulus grants 
  13. Monday, June 10, 2013 –– Transparency Alert: HHS, DOL, and EPA NOT the Only Agencies Where Top Obama Appointees are Using “Secret Emails” to Conduct Govt Business… What a bout the Energy Department?
  14. Saturday, June 15, 2013 –– The Green Corruption Files Snags Special Gig on AACONS' Radio Broadcast
  15. June 30, 2013 –– Nuclear Crimes and Misdemeanors
  16. Saturday, July 13, 2013 –– Nuclear Disaster: $10.33 billion in energy loans pressured by the White House and POTUS approved, now at risk
  17. Wednesday, July 24, 2013 –– Subsidizing Obama’s Algae: Its advisors and allies 
  18. Monday, August 19, 2013 –– Billions of Obama biofuel bucks funded "not so shovel-ready" risky projects, fueled by more green corruption
  19. Friday, September 13, 2013 –– Top D.C. Lobbyist McBee Strategic Consulting “opened the spigot of green corporate welfare;” then billions of stimulus cash flooded the firm’s energy clients
  20. Saturday, September 28, 2013 –– Virginia Governor Dem Candidate Terry McAuliffe’s GreenTech Auto: small eco-car, big green scam?
  21. Tuesday, October 15, 2013 –– The RAT in the Recovery and the Gang of Ten 
  22. Saturday, November 16, 2013 –– Underneath Senator Harry Reid’s Clean-Energy Dirt: Career politician directly linked to over $3 billion in green energy stimulus loans

Marita Noon 21 Columns on the Green-Energy Crony-Corruption Scandal, which began in June 2012

  1. Crony Capitalism and President Obama: How the System Really Works (originally published: 6/10/2012)
  2. Obama’s Green-Energy Crony-Corruption (originally published: 6/29/2012)
  3. More Obama Green Energy Corruption (originally published: 7/6/2012)
  4. Senator Harry Reid’s Part in Green-Energy Crony-Corruption (originally published: 7/14/2012)
  5. The First Solar Swindle (originally published: 7/21/2012)
  6. How Democrats Say “Crony Corruption” in Spanish: Abengoa (originally published: 8/4/2012)
  7. Third Largest Power Company in the World is the Third Largest Recipient of Risky Loans (originally published: 8/17/2012)
  8. Obama Never Admits Green Energy Failures (originally published: 9/30/2012)
  9. Romney to Obama: “You Pick the Losers” (originally published: 10/7/2012)
  10. Obama’s Green Energy Jobs Promise: 355 Jobs and Counting (originally published: 10/14/2012)
  11. Emails Catch White House Lie on Green-Energy Loans (originally published: 11/1/2012)
  12. Busting Open Energy’s Den of Deception (originally published: 11/4/2012)
  13. Exclusive: DOE Corruption—Appointed and Elected Officials Should Face Prison Time (originally published: 11/25/2012)
  14. Inside Deals Mar John Kerry for State (originally published: 1/21/2013)
  15. Wall Street Walks on The White House (originally published: 2/24/2013)  
  16. Obama Creates More Wealth for Green Crony Soros (originally published: 3/31/13)
  17. On Earth Day, Let’s Waste More Money (originally published 4/22/13)
  18. Fisker: a free ride to make flashy cars in Finland (originally published 4/28/13)
  19. A six-pack of scandals (originally published 5/19/13)
  20. The dirty politics of “clean” energy (originally published 7/28/2013)
  21. The Macker—deal maker, not a car maker (or even a job creator) (originally published 9/29/13)
  22. Harry Reid's Personal Green Goldmine (originally published 12/9/13)

 

About Us

Christine Lakatos

I'm the mother of two terrific daughters; an ACE Certified Fitness Trainer with over 30-years experience in the health and fitness industry; diet book author; and retired bodybuilder with many titles under my belt, including an American Gladiators contestant back in 1990.

The Green Corruption Files began as a result of my research that was prompted in 2009, and ultimately marked me as a contributor to the political book, Killing Wealth, Freeing Wealth How to Save America’s Economy and Your Own –– Authors; Lee Troxler and Floyd Brown, and released May 2010. Two months later, I coined the phrase in my three-part series entitled, "Obama’s Political Payback: Green Corruption," which was first published at Blogcritics Magazine. 

Since 2011, I proceeded with my political research, specifically in this area, for Dr. Jerome Corsi, World Net Daily senior staff reporter and as well as Peter Schweizer, the president of the Government Accountability Institute (GAI), whose work has been featured on 60-Minutes, and just about everywhere that counts –– both are New York Times bestselling authors of numerous books.

Just last month, Dr. Corsi, in his article, "U.N. milks 'warming' claim to spend half-trillion-plus: Despite evidence of bad science, failure of 'green' energy,'" cited my work...

Researcher Christine Lakatos has created a website, GreenCorruption.blogspot.com, dedicated to exposing Obama administration corruption in funding $150 billion in green initiatives from 2009 through 2014. The funding included both stimulus funds and non-stimulus funds, promoting ultimately failed green energy projects that were tied to prominent Democratic Party politicians and contributors.

My short stint with Schweizer began after the release of his bombshell book, Throw Them All Out, which devoted an entire chapter to this green energy scam: Chapter 5, "Spreading the Wealth...to Billionaires."

By the end of 2011, it became clear that green corruption was a massive scandal on many fronts: "the largest, most expensive and deceptive case of crony capitalism in American History." However, it wasn't until April 2012 that I launched my blog in order to unleash the entire scoop, which was  prompted by the March 2012 House Oversight report titled, The Department of Energy’s Disastrous Management of Loan Guarantee Programs –– "a devastating indictment of the Obama administration’s 'green' energy cronyism." This not only validated my 2010 theory of corruption on the clean-energy front, it was the beginning of the realization of a  much broader scandal. So, with my subsequent research, I then went into high gear and released my first file entitled, Green Corruption: Department of Energy “Junk Loans” and Cronyism.

Just this month, the Reason Foundation released a study by Victor Nava and Julian Morris, "detailing the role political connections and lobbying played in securing [the DOE 1705 ] loans." Their Policy Brief, entitled "Stimulating Green Electric Dreams – Lobbying, Cronyism and Section 1705 Loan Guarantees," demonstrated that "the Department of Energy’s stimulus loans went to 'junk' grade investments and firms that spent the most lobbying."

While Reason's analysis focused on the lobbying efforts behind these loans (my 2012 examination was solely on the cronyism), "the report also highlights taxpayer-backed loans given to companies with ties to Senate Majority Leader Harry Reid, former Vice President Al Gore, former New Mexico Gov. Bill Richardson, and a company founded by former Maine Gov. Angus King, who is now a U.S. Senator," which included using our July 2012 work as a source –– only in two places, but it's still a big deal for us.  

“Ideally, the government would get out of the business of funding speculative energy projects like Solyndra,” said Victor Nava, co-author of the report and policy analyst at Reason Foundation.

Still, when the Solyndra bankruptcy story broke in September 2011 –– FBI raids, bundlers, DOE Advisors, "Fifth Amendment," and all –– most of the media ran with it, which carried on for a while. In fact, green energy cronyism was a hot topic during the 2012 election, even for the GOP, presidential candidate Mitt Romney, and many others, including conservative leaning commentators like Sean Hannity, who championed exposing this scandal.

Since the 2012 election has come and gone, most have dropped the ball on this important issue that impacts every American taxpayer and our energy uses. Not to mention that the president's clean-energy agenda has been used to fuel cronyism, corruption, and corporate welfare, while demonstrating how our government is run by Wall Street, special interests, Big Money, and in this particular case, Big Energy and Big Venture Capitalists –– all with friends in high places –– rather than what's good for our country.

The lack of attention to this green energy scam could be due to the fact that more gripping and deadly scandals have since emerged –– and even though they have swarmed the Obama White House for some time, most of them didn't heat up until 2013. Those include the Benghazi cover-up; the IRS profiling; the Department of Justice "secret surveillance" of reporters; and as of late, the lies behind ObamaCare.

Nevertheless, as fate would have it, in June 2012, Marita Noon, energy expert and columnist at Towhall.com, took the plunge. We immediately began our collaboration, which enabled my work to explode. What started as a regular American citizen expressing concern over how "green stimulus money was being used and abused," has turned into a mission: To expose one chunk of this Green Corruption scandal at a time.

In just a year's time, The Green Corruption Files went from a few hundred hits a month to 400 a day, to 4000 a month. Nineteen months later, we hit over 100,000 page views, and now we are well over 103,000. Today will be my 49th post, meanwhile, Marita has tackled 22 columns on this scandal, which is a direct result of my research, yet with a special touch and an occasional twist –– plus a much more diverse and expansive platform. 

Marita Noon is the executive director for Energy Makes America Great Inc. and the companion educational organization, the Citizens’ Alliance for Responsible Energy (CARE). Together they work to educate the public and influence policy makers regarding energy, its role in freedom, and the American way of life. Combining energy, news, politics, and the environment through public events, speaking engagements, and media, the organizations’ combined efforts have made Marita “America’s voice for energy.” Marita is also a columnist for Townhall.com and a regular contributor to The Heartland Institute, The Energy Tribune, Conservative Action Alerts, and EPAAbuse.com. Additionally her writing can be found in numerous newspapers and websites.

Here's how Marita explains it...

Our partnership with researcher Christine Lakatos has been one of our most popular initiatives. Together we’ve done the most thorough expose on the Obama Administration’s green-energy crony-corruption scandal. Marita has written eighteen specific columns based on Lakatos’ research as presented on her blog entitle The Green Corruption Files — which is funded as a project of CARE. Our cooperative efforts have drawn the attention of Rush Limbaugh. His 2012 December Limbaugh Letter cited our list of failed green-energy companies and linked to The Green Corruption Files.

Besides Marita's extremely valuable and far-reaching exposure, The Green Corruption Files has been featured or cited at The Daily Caller, Fox Nation, GOP USA, Hawaii Free Press, Frontpage.com, Institute for Energy Research, Real Clear Energy, California Political News and Views, Blogcritics Magazine as well as USAActionNews.com. While we've gained traction across the Internet –– even places and publications you'd least expect –– Green Corruption has also been featured at organizations like the Patriot Action Network, Tea Party.org, and American c2c. (NOTE: most of these can be found on the side panel here on my blog site.)

Our collaboration has prompted quite a few high-profiled interviews which include The Daily Caller (March 31, 2012), The American Free Press (May 25, 2013), The Rodger Hedgecock Show (May 28, 2013, Marita live in the studio, but on Rodgers several times), and African American Conservatives (June 11, 2013).

Check out Marita's June 2013 Newsletter to learn more, and her list of audio recordings on the Green Corruption scandal as well as her expertise on energy issues in general. You can also find us both tweeting at @energyrabbit and @calfit32, as well as sharing on Facebook.

Two women –– a citizen & an energy columnist –– join forces on one mission: to expose one chunk of the Green Corruption Scandal at a time.

Our deepest appreciation goes out to the support of buddies like Bamboo Bob, our families' encouragement (even the liberal ones), and others that have helped this cause either by listening to my ranting, or visiting, reading, sharing, publishing, and financing our work.

Moreover, due to the financial support of Marita Noon's organization C.A.R.E. and a few direct donors, we were able to embark on this important work; however, we are still seeking donors, because there is much more to unleash, including updating the long list of clean-energy failures. At the end of 2012, I calculated that as many as 50 Obama-backed green energy companies were bankrupt or troubled, but I have since tracked more.

We also have yet to unleash the Department of Energy's Dirt Dozen; additional junk loans and cronyism; the SolarCity scam; revisiting the auto loans; lack of DOE accountability and transparency, and more. Furthermore, with the Green Bank of Obama ready to dole out more taxpayer money, we're ready to track and report on which companies or projects are chosen as winners.


 Final thoughts....

Alarmingly, our environment has been hijacked by uber-rich individuals, crooked politicians, and an assortment of left wing extremists who are fueled by greed and power attached to a radical agenda to bring about “global governance,” “redistribute the wealth,” and put the progressive movement –– big government, social justice and the death of capitalism –– on the fast track. Under the guise of “saving the planet,” these players, who are all interconnected in a variety of ways, are transforming our climate into something more sinister –– a scam of epic proportions.

Wake up America; we've been robbed!

What's most frustrating –– downright outrageous ––  is that the "green corruption" suspects (and this entire money laundering scam) have escaped any repercussions, so we can anticipate that  clean-energy dirt will continue to surface. And, we must endure in our efforts to expose the eco-radicals, hypocrites, corrupt politicians, special interest groups, lobbyists, as well as the ultra-wealthy that enjoy special political access and influence, and all those behind (and whom financially benefit from) the Obama administration's massive, deceptive and expensive green energy agenda.

SPECIAL NOTE: This was first published on December 15, 2013 as Green Corruption in Review: Clean energy, dirty money. And without funding (or commitments) by the end of December, sadly, this will be final post.

Thanks, -c

 

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The President's Policies hurt the poor and average American the most

Posted by TNSteve on October 28, 2013 at 7:46pm

Our President is an idealistic person who wants to transform America into a more social democracy, not a super power and distributes US wealth to the world and as green as possible.

 

The air out of your mouth CO2 is now a pollutant, per the EPA. Therefore almost everything can be regulated. They started with the War on coal ,( While making nice with the Iranians who have killed our soldiers and many others), This is going to put 238 coal fired plants out of business and electric rates will skyrocket. This was a promise Obama made and he is planning on keeping. He used the EPA and is using them to go around the intent of Congress and so far, they are allowing him to do it. The crazy thing is plants use CO2 to make O2.

I understand that man contributes about 1%  to 2% of the climate change related emissions, while the sun, ocean and nature is responsible for 98% t 99%. It is hard to understand why would spend Billions and billions on green energy subsidies, then go along with alternative fuel credits and then carbon trading credit scheme, the greatest Ponzi scheme in history. All credits traded go through companies owned in part by Ozone AL Gore and George loved the Nazi's Soros. They will make untold billions off the hood winked people and countries who pay to pollute. What a scam, and the craziest thing is they are getting countries to make laws forcing the purchase of credits that they BROKER for a fee. FOLLOW THE MONEY. Al Gore talks about climate change and yet he will make and has made millions off the process. He knows as much about science as he does about making the internet work, which is not much aside from turning on the PC.

I expect Obama may have the EPA delay the fuel credit fees until after the next election. Remember he said he would like to see gasoline prices the same as in Europe, which is about $8 to $9 dollars a gallon. He may be able to do it if Congress does not grow a stronger spine. 

You see why this is going to hurt the poor and middle class folks. .Currently there is a regulatory assault on all US manufacturing and business by the Obama administration. This has slowed the economic growth to nothing, unless you count part time low wage jobs with a multiplier.

They are printing 80 billion dollars month, which is artificially keeping the stock market and banks happy. They all make money, but the day of reckoning will come, most likely right when Obama leaves office. If the dollar is knocked off it's world currency dominance along with the weakened dollar inflation may make a loaf of $1.50 bread cost as much as a gallon of gasoline and maybe more. May not bother Hillary, Obama and some of their big supports like George Soros, but it hurt the rest of us.ptto

 

Currently, Obama and the democrats are spending more on green and climate control related programs than they spend on Border security, as reported in the WSJ this week. No surprise, as Obama has started granting political asylum to Mexican illegals. Obama has let over 8000 illegals out of jails and essentially given the DREAM act making deportation of minor illegals nearly non existent. Of course, these are democratic, I mean future  democratic voters and will be used as they are addicted to federal aid. Remember liberals and Obama can always spend the money of other people and squander the wealth of America in many ways.

 

12 billion dollars spent this year on mostly German made windmills and 9 billion on ethanol production. 45% of the WORLD's corn supply is used to make fuel, which really hurts poor people world wide, not just in the US. Plus it takes 1500 gallons of water to make one gallon of ethanol. Then the poor mileage, water in the gas makes engines have problems requiring additives and costing more money. All of this to do what? Save or reduce oil consumption? We now admit to having more oil reserves in just the center part of the US than all of the known reserves in the WORLD. This excludes Alaska, off shore and most of the current oil produced in the US. Add that to natural gas, coal, Hydro and nuclear and wee are sitting on hundreds of years worth of domestic energy. WHY USE ETHANOL , aside from bumping up corn prices? Of course, any gasoline that does not meet the alternative fuel percentage will have to buy fuel credits. YES, technically they can not meet the requirement which is a man made BS requirement to reduce oil consumption!!!!!! Oh yeah, Wall street commodity brokers will make millions , possibly billion trading the credits. These costs will be passed to you and is how Obama will get the European gasoline prices while we sit on hundreds of years of OIL.

 

Obama just sold a retired air craft carrier for ONE CENT, that might help! Plus he is cutting 12 brigades out of our military and when all cuts are compete our military will be smaller than pre WWII and some services will be smaller than ever in our history. I am sure he will continue to deploy the military ban Chaplin's from saying Jesus or preaching, kicking out some officers, putting unisex hats on the Marines and anything else he can think of to demoralize our military. Of course, he said he wanted a civilian force larger and as strong as the US military and he has done it. 1.8 billion rounds of ammo purchased by Homeland Security, tanks, military gear and civilian unrest exercises conducted country wide. Google it.

They cannot have a national education standard, but they have CORE and require every state to implement their CORE compliant standards or they will lose federal money. The Gates and the testing companies that will sell the CORE tests to be used NATION WIDE have contributed millions to get CORE passed in most states. FOLLWO THE MONEY, GOOGLE IT. They will make billions off the future testing and technology used, which will be Microsoft based technology.

 

 I could continue, but you can research these and Obama's other transformation actions, if you will try and keep your eyes and mind open. Obama has the help of his 76 czars and maybe his wife's 26 assistants are helping a bit too. 

Obama has tried and now in every State the gun banners are hard at work. Obama has signed the UN small Arms Treaty and will seek approval if they hold the Senate and increase their far left members. Have you tried to buy ammo?  They are hard at work, because they must find a reason to have a national registry and then take your weapons. If not for the children, violence then to comply with the international treaties and your new master the UN.

 

Apathy is our greatest enemy and the greatest aid to the Obama transformation of America. So far, the Fabians and Obama have done a great job and moved the US more than they could have imagined.  

 

Just saying.

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The RAT in the Recovery and the Gang of Ten

Posted by Christine Lakatos on October 16, 2013 at 3:56pm

4063756135?profile=originalNext February, we will celebrate the 5th anniversary of the American Recovery and Reinvestment Act (ARRA). You know, President Obama's trillion-dollar spending spree that was sold to the American people as a means to save our economy from the brink of disaster and create American jobs. 

As the former-House Speaker Nancy Pelosi said in 2010, when she and her left-wing minions were forcing the Affordable Care Act on the American people, “But we have to pass the bill so that you can find out what is in it, away from the fog of controversy.”

Quite the pathetic statement, however, it is eerily true for us American citizens, because we are either kept in the dark, lied to, or manipulated as to what our government is up to. And once any large piece of legislation is passed, time is what enables us to grasp its impact –– good or bad, corrupt or mismanaged –– and calculate the cost to us hard-working American taxpayers. History has already proven that our government has grown too large, too intrusive, and too expensive.  

To better understand this piece of the "green energy" scandal, let me remind my fellow Americans that President Obama promised to have, and claims to be, the most transparent administration in history. Yet here we are over fours yeas later with David Sanger, the New York Times reporter who has spent two decades reporting in Washington, slamming this theory by proclaiming that the Obama administration is the "most closed, control-freak administration" he's ever covered, reported POLITICO this month.
As if many of us didn't have that sentiment already, especially in the midst of a series of serious scandals that hit the White House this year. More so, when we learned that political appointees within the Obama administration, across several agencies, including the Energy Department, and recently the IRS, have been using secret or personal email accounts to conduct official government business. But secrecy is not the only thug tactic operating inside this administration: they have been known to intimidate inspector generals, as told by Gerald Walpin. "But I learned, through being fired by the Obama administration, that performing one’s responsibilities as one should, and potentially adversely affecting the administration’s image, is not the way to keep one’s job," Walpin wrote this past June.

This brings me to today's Green Corruption File, "The RAT in the Recovery and the Gang of Ten," which is the underbelly of this scandal. First is the deception: other than the overall "save the planet" manipulation, Americans were misled as to the real purpose of the stimulus package. Secondly, the Obama administration's "RAT maneuver" (and those behind it) leaves us with speculation (some will say proof) of premeditation and intention in regards to potential shenanigans with the stimulus funds. Last but not least, the "ten green stimulus authors" (yet there could be more) that I have uncovered and will expand upon in the third section of this post, were allowed to ensure that their "green" interests were represented in the stimulus bill, thus cashing in at the tune of tens of billions of tax dollars.

The RAT in the Recovery


What most don't know, not even the majority of Congress, is that there was a RAT hidden deep inside the 1,073-page stimulus bill, which was drafted by the Obama transition team and congressional aides.

Entitled the Obama-Biden Transition Project, it employed approximately 400 people and it was comprised of Obama bundlers and campaign contributors as well as lobbyist and those that operate inside Washington’s egregious revolving door. In the mix was a squadron of Center for American Progress (CAP) experts, the billionaire George Soros-funded liberal think tank. Within this transition group, we also find many that eventually operated inside this clean-energy scheme, of which I'll highlight later.

"From the first debates over the stimulus bill, the White House has promised unprecedented levels of transparency and accountability," noted U.S. News in 2009, even appointing Vice President Joe Biden as the nation’s stimulus spending cop, Stimulus Sheriff Joe, who ultimately went MIA.


Quite the contrary, and it all started when Team Obama starting planning their trillion-dollar spending spree, because “deep inside” the 2009 Recovery Act was a RAT, an attempt to suppress potential investigations, and only a few news outlets caught it in February of 2009: the Washington Post and the Washington Examiner.
As legislation was moving at rapid speed, and Congress continually failed to read the bills, the Obama administration had placed a “far-reaching and potentially dangerous provision." The creation of the RAT Board (Recovery Accountability and Transparency Board) was supposed to be “an oversight panel headed by a White House nominee.” 

The controversial provision emerged in a January 2009 draft of the bill prepared by Obama's transition team officials and members of the House Appropriations Committee, of which at that time it was labeled by the White House as “critical to prevent waste and corruption.” This RAT board gave them the authority to ask, “That an inspector general conduct or refrain from conducting an audit or investigation.”
 
Did you get that? An Obama appointee could dictate what to investigate and what investigations they wanted to squash. 

According to The Examiner...
When Iowa Republican Sen. Charles Grassley, a longtime champion of inspectors general, read the words “conduct or refrain from conducting,” alarm bells went off. The language means that the board — whose chairman will be appointed by the president — can reach deep inside a federal agency and tell an inspector general to lay off some particularly sensitive subject. Or, conversely, it can tell the inspector general to go after a tempting political target. …”
Senator Grassley (Republican from Iowa), also warned, "This is a dangerous provision that will hamper oversight, restrict transparency, and damage the independence of inspectors general."

Subsequent concerns arose, with Senator Claire McCaskill (Democrat from Missouri), who was alarmed by the sentence that allowed "the panel to order an inspector general to stop an investigation." As reported by The Post in February 2009...
The group representing federal inspectors general recommended that the entire disputed provision be deleted from the legislation, according to David R. Gray, counsel to Phyllis K. Fong, chair of the Council of Inspectors General on Integrity and Efficiency. 
Senate negotiators changed the board composition. While the president would appoint the head of the panel, the rest of the members would be inspectors general. 
House and Senate negotiators also added a line proposed by McCaskill saying that the final decision on whether to proceed is up to the inspector general. "The language sends a very clear message that the IG is in the driver's seat," she said.

As you can see, eventually lawmakers revised the original bill, and allowed “the watchdog agencies to reject the panel's decisions.” But only after they were BUSTED, leaving many wondering why another layer of bureaucracy? Worse, why would a panel be given that kind or power in the first place, power that was not entirely stripped away.

At that time, they named the former Interior Department Inspector General Earl Devaney, who helped uncover the Jack Abramoff scandal, as the head. Yep, we got a Stimulus Czar, and more taxpayer money going out the door: "The bill allotted about $350 million in oversight measures, including $84 million for the creation of an oversight board," as documented by U.S. News. Mr. Devaney has since retired, and in December 2011, President Obama appointed Kathleen S. TIghe Chair of the Board, with eleven Inspectors General from various federal agencies that serve with her. 

Moreover, “Per the Recovery Act, the Board's Recovery activities were supposed to end on September 30, 2013. However, in the Disaster Relief Appropriations Act of 2013 to assist states and individuals impacted by Hurricane Sandy, Congress stipulated the Board provide oversight of the funding through 2015.”

The irony here is that the RAT Board's stated goals are “to provide transparency of Recovery-related funds and “to detect and prevent fraud, waste, and mismanagement.” While I can't speak for the entire stimulus bill, I know that tucked inside was $100 billion that Team Obama carved out for their big clean-energy push (save the planet funds). Money that I have been following since 2010, which has not only led to plenty of fraud, waste, and mismanagement, but also abuse, cronyism, corruption, and failure.

Most critically is that this “RAT” maneuver only leaves speculation of premeditation and intention in regards to potential shenanigans (an understatement) with the stimulus funds, and the daunting question, what has the RAT Board done about the massive pile of clean-energy dirt? 

American Recovery and Reinvestment Act (ARRA) 
& Its $100 billion renewable energy earmark 

Shortly after President Obama began his reign as our 44th president, in February 2009, he signed into law the American Recovery and Reinvestment Act (ARRA). This was a massive economic stimulus bill –– among the biggest in history –– that was sold to the American people as a means save our economy from the brink of disaster and create American jobs.  

By the beginning of 2012, revelations revealed the real intent behind Obama's trillion-dollar spending spree ("walking around money"): it was “a key tool for advancing the Obama administration’s clean-energy goals and fulfilling a number of campaign commitments.” In fact, the 2009-Stimulus package was jammed-packed full of clean-energy provisions, of which about 10 percent of the monies were earmarked for renewable energy. 

It's important to point out that the $100 billion in stimulus funds is not the only money being used to fuel the Obama administration's efforts to save the planet using other people's money.  I'd say it's closer to $150 billion to date, and counting, because they continue to dish out more. In short, other departments handing out "green" include the U.S. Department of Agriculture’s Biorefinery Assistance Program, and we even find that there is a "Green War" being waged: "the Department of Defense has launched more green energy initiatives than any other federal agency and many are duplicative and wasteful," as reported by the Washington Free Beacon.
Another means where huge corporations and Obama's "green" pals get taxpayer money is through the taxpayer-supported Export-Import Bank (Ex-Im), who "has a Congressional mandate to support renewable energy and has been directed that 10% of its authorizations should be dedicated to renewable energy and environmentally beneficial transactions."

Additionally, the president's new Climate Action Plan, announced in July of this year, calls for releasing "$8 billion in loan guarantees for advanced fossil fuel and efficiency projects, and strengthen the Better Building Challenge to increase building efficiency 20 percent by 2020." Meanwhile, the "Obama administration is ready to restart the controversial automotive loan program designed to kick-start the development of alternative vehicles." This is the Advanced Technology Vehicle Manufacturing (ATVM) program that holds authority to award up to $25 billion in direct loans. 
Last fall, I chronicled how there were over 100 applicants for this section of the DOE's loan program, yet only the "FAVORED FIVE" were granted ATVM loans totaling $8.4 billion. Three of the five loans are directly tied to President Obama and the other two, both Ford Motor Co. and Nissan, were heavily engaged in negotiations with the administration over fuel economy standards for model years 2012- 2016 at the time DOE was considering their applications."
The ATVM is part of the Energy Department’s Loan Guarantee Program (DOE LGP) which has been a main focus throughout my work since April 2012. This is a program that consists of three separate entities: Section 1703, Section 1705, and Advanced Technology Vehicles Manufacturing (ATVM), and has thus far guaranteed $34.7 billion of taxpayer money. Both Section 1703 and the ATVM programs were established during the Bush administration, and Section 1705 was created by the 2009-Recovery Act.

This is the same Energy Department program which the Green Corruption Files has exposed over and over how at least 90 percent of the winners have meaningful politically connections (bundlers, top donors, fundraisers, etc) to the president and other high-ranking Democrats –– in many cases, to both. It also brought you big alternative energy losers such as Solyndra, Beacon Power, Abound Solar, Vehicle Production Group, SoloPower, Nevada Geothermal, and Fisker Automotive, flushing billions of tax dollars down the toilet. Yet there are billions more still at risk, and we're keeping an eye on these DOE projects: AREVA and its $2 billion, Georgia Power Company and its $8.33 billion, NRG Energy, Inc. (BrightSource) and its $1.6 billion, First Solar and its $3 billion, and others.

Still, the Energy Department's loan program is not the only place where we find taxpayer-funded clean-energy losers. At the end of 2012, I calculated that "as many as 50 Obama-backed green energy companies were bankrupt or troubled." In May I revisited this area, with my new numbers reflecting that 25 are bankrupt, and there are four about to go under. Then, if we keep those that were having issues the same (at 29), the latest taxpayer-funded clean-energy failure list is about 60 –– with almost half bankrupt. Stay tuned for a new investigative report on this topic in the near future. 
Continue reading "The RAT in the Recovery and the Gang of Ten" at The Green Corruption Files...
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To the Gang of 8 - Immigration and ALL Americans

Posted by my911 on April 20, 2013 at 12:17pm

This is the beginning of Blogs I intend on Immigration.

This is based on an early NumbersUSA posting.

I originally sent it to each one of The Gang of 8.

Since then I have come up with other Summaries as well as the actual Text of their proposed Bill.

Executive Summary

  • Little or no accountability...kicks the can down the road... till it is too late
  • Rewards illegal activity
  • Sticks taxpayers with a BIG Bill... as in $$$$$
  • WRONG...INADEQUATE....LOSER

.............more later.

For now, read on

 

Recently I faxed this “immigration” note to each of “The Gang of 8”.

Today I find that Sen. DeMint largely agrees with the points I made.

Sen DeMint Comments

http://blog.heritage.org/2013/04/18/morning-bell-jim-demint-on-the-senates-immigration-plan/

 

 

PLEASE read this and vote FOR ME, FOR America, to kill this flawed bill!

 

I am FOR Immigration Reform… but, let’s get it right.

 

Will YOU be the one to call out Janet Napolitano on her misleading border protection propaganda?

Will YOU tell her that … better than ever, but Inadequate is …..Inadequate?

 

 

 

 

Immigration is a hot topic.

The Gang of 8 has a mixed bag of Communications.

This is based on my understanding of their position.

IF I am wrong, PLEASE correct me!

 

This is from a Politicians reply to a constituent

= = = = = = =

Comprehensive immigration reform should provide a path to citizenship, secure our borders, restore due process to our immigration enforcement policies, preserve family unity as a cornerstone of our immigration system, and reduce the long backlog for immigrants who earned degrees in our universities to receive green cards.

 = = = = = = = =

 

My evaluation was ………….. bi-furcated ….. speaks with forked tongue…. Mostly ambiguities.

 

Here are my thoughts …. These are MUST…. NECESSARY Conditions, but addresses his 2-speak.

 

  • 1st …..The Gang of 8 ….. Traitors of 8… named below…. Are proposing
    • Amnesty 1st…. BorderProtection Later
    • America Last…NO Protection ACTION… only a plan
    • How SAD for America…that we have Traitors in High Position
    • IF I am wrong, please drive it home……..provide details!

 

  • 1st and foremost …. NO prize/benefit/reward for breaking into America
    • IF you got here ILLEGALLY, DO NOT expect a free pass.
    • We will NOT accept 1500 pages of instant reward for illegals!
    • No more Anchor Babies… No Anchor Baby Hotels
    • Our Borders MUST be ADEQUATELY Protected
      • Hogwash like( Napolitano)Better than ever before. from Napolitano no longer gets a pass
      • Inadequate is… improving….trying (IF you can even believe that) is … INADEQUATE
      • Need help?.... ADEQUATE, at minimum, is when the number of illegals LEAVING exceeds those entering!
      • NO Traitors of 8…. NO Amnesty after only a PLAN for Border Protection… NO!
      • E-Verify…. For everybody
        • Fail e-verify and you are on the next bus to Mexico
        • Employers caught with illegals on payroll are fined $10,000 per day per employee
        • Max of 1 year to comply
          • NOT the 5 years being proposed by Gang of 8
          • Originally introduced in 1986 …should be enough time to comply…BUT who will enforce?
          • Random, on site, Drug Tests…….fail and you are …..outta here!
          • Government Benefits are for CITIZENS……NOT Illegals………
            • NO/NADA/ZIP/ZILCH Government Benefits unless you are a Citizen
            • You may come here LEGALLY to work but if you want Citizen Benefits, become a Citizen…. Until then you are here to work.
            • IF you get here LEGALLY, pass e-Verify you can bring your immediate family, but without benefits untiil you each/all are Citizens.
            • Retaining Talent… reducing the backlog for College Graduates.
              • 1st we must make America attractive so they WANT to Stay
              • Until then, a Presidential Executive Order can grant a Green Card to
              • ALL who are already in line…. If they agree to stay for 10 years
              • ALL new Graduates… Their Diploma IS their Green Card … same conditions… 10 years

 

 

 

Now, some facts…then comments from others.

 

Fwd: interesting facts

 

 

  • The new immigration law being considered adds 1 to 4 Trillion dollars to the debt
  • Those allowed to become legal can Petition Relatives to Join them
  • Right to Work States have 7% on Welfare and Non-Right to Work States have 18% on Welfare.
  • It appears Unions support/create more Welfare
  • Communist want people on Welfare, they then can keep them on Welfare and keep their Vote!

 

 

Here are comments ( modified) from a Citizen Patriot Friend… about the proposed Amnesty bill

Subj: Amnesty Bill Near Completion

 

Forward this to all of your Citizen Friends!

It appears we have Senators and Representatives that do not want their source of Drugs interrupted and are safe guarding the known Drug Smuggling paths that are used daily.

They want to leave those areas open to protect their campaign donations and some of their California Constituents life lines to their supplies.

What is wrong with these idiots?

It was published today the cost of this plan will be over a Trillion dollars and could be several trillion dollars.

It will add 20 Million more to the Welfare roles because they can also petition to bring in their relatives.

 

We must circulate this to all the News Papers and Social Media sites.

The Gang of Eight must be well known as the “Illegal Gang of 8 Drug Smugglers” …. Or “The Traitors 8” and those that value the illegal acts but do not fight for jobs for their Citizens that do not have a job!!!!! 

They need to be identified

  • Michael Bennet  (D-CO)
  • Chuck Schumer (D- NY)
  • Dick Durbin ( D – IL)
  • Bob Menendez ( D – NJ
  • John McCain ( R- AZ)
  • Jeff Flake ( R- AZ)
  • Marco Rubio ( R- FL)
  • Lindsay Graham ( R- SC)

 

The Elite Ruling Socialist Class strikes again!

They will own your health care, your schools, your colleges, your food stamps, and the list goes on as your tax dollars will feed, educate, house, Illegals….. They will be rewarded for breaking into America. Obama will be giving them free phones for their votes, and on and on...... they don't care about you... you are just expected to pay for it!!!!  Read below sign up with Numbers and forward this email.....

 

Amnesty Bill Likely Next Week -- Here's the Outline

 

 

 

 

YES, keep sending me Weekly Newsletters

NO, stop sending me Weekly Newsletters

 

Newsletter

Week
of
Apr

12

 

This Issue: Amnesty Bill Likely Next Week -- Here's the Outline

There can always be more delays, but unless there are, it's becoming more apparent that the Senate Gang of Eight will introduce its massive, 1,500-page "comprehensive immigration reform" bill next week. The bill will grant instant legalization and the right to work to most of the 11-18 million illegal aliens.

The Gang has been working for months in secrecy and behind closed doors, only allowing a few pro-amnesty groups into the discussions. Despite promises to brief their own party caucuses, they've even failed to loop them into the process. It's likely that's not their only promise that will be broken should the plan become law.

Through leaks to the press, we've learned a some of the details.

First, as Sen. Chuck Schumer (D-N.Y.) has said, the legalization will come before the enforcement. Millions of illegal aliens will receive amnesty once DHS submits a plan to Congress detailing how they'll secure the border. Just to clarify, they only have to show a plan; they don't have to actually do it. Just like the border promises of 1986, these promises will likely be long forgotten after the amnesty is granted.

Second, even though the Gang's plan calls for increased border security, it only calls for increases in areas where there are high numbers of illegal border crossings. I'm sure it won't be too difficult for the sophisticated smugglers that have been evading detection for years to relocate their operations to another spot along the 3,000-mile border.

Third, the plan calls for a 5-year implementation of E-Verify. We're happy to see E-Verify included in the plan, but Rep. Lamar Smith's bill in the last Congress rolled out the program in three years with most employers required to use it in the first 6 months. This slow of a phase-in will give ample time for more illega l workers to flood across the borders and secure jobs that could otherwise go to unemployed Americans.

Fourth, the plan calls for completion of the entry/exit system (again, a positive step), however, it only covers completion at sea and air ports. Each day, thousands of foreign visitors enter the country using land ports at places like El Paso, Texas, San Diego, Calif., Buffalo, N.Y., and Detroit, Mich. None of these ports will be required to install the entry/exit system.

Fifth, the plan's guest-worker program, which will eventually provide up to an additional 200,000 "temporary" work permits a year, isn't so temporary. The plan hammered out by the AFL-CIO and the U.S. Chamber of Commerce will permit workers to change jobs and eventually allow them to apply for a green card.

Just think of what we'll learn when the bill is actually introduced!

ICE Agents testify in Texas

On Monday, several Immigration and Customs Enforcement agents, including ICE Union President Chris Crane, testified in a Dallas federal courtroom in their lawsuit against the Department of Homel and Security. You may recall, the agents filed a lawsuit against DHS Sec. Janet Napolitano and ICE Director John Morton, charging that DHS officials had overstepped the authority granted to them by Congress. The agents claim they were ordered to release illegal aliens that met requirements of the Deferred Action for Childhood Arrivals program and other DHS directives.

Monday's hearing was a preliminary injunction hearing, and the judge will soon decide whether or not these prosecutorial discretion directives should be suspended in light of the agents' complaint. A ruling is expected in the next several weeks.

NumbersUSA's members are paying all the costs of the lawsuit.

Illegal Aliens rally at the Capitol

On Wednesday, thousands of illegal aliens were bused in by the various unions and religious groups that are urging Congress to pass an amnesty bill. The rally was mostly uneventful and gained little coverage in the news since Congress was focused on other issues.

We had several film crews out talking to the attendees, and we've posted all the videos to our YouTube page. We've just added some highlights from the rally with some very revealing interviews.

VIDEO: Pro-Amnesty March

We'll continue to add more videos as we complete them.

CHRIS CHMIELENSKI

Fri, Apr 12th

Action

This week, you sent more than 117,000 faxes to Congress! You also made thousands of calls to Congress on Wednesday to counter the pro-amnesty rally and their lobbying efforts. We've posted several new faxes for activists who have clicked various interests on our interest survey or live in certain areas of the country. Please visit your Action Board and send all your faxes!

Features

Are Americans lazy? Well, some of the pro-amnesty marchers at the rally in Washington on Wednesday thought so. NumbersUSA was there to talk with the marchers and capture some of the sights and sounds from the crowd. Watch all the videos on our YouTube page.

Account

There's an App for that! Our new mobile app is now available for both Android and iPhone users. From the new app, you can send messages to elected officials by fax, sign immigration petitions, make one-click calls to Congress, read the latest news and blogs from NumbersUSA.com, and help recruit new activists through "Five Ways Immigration Impacts You" feature. Download today at the Google Play Store or the Apple Store!

 

NEW ILLEGAL BORDER CROSSERS ASK FOR AMNESTY

San Antonio's WOAI radio is reporting a surge in illegal border crossings along the U.S.-Mexico border in Texas, and Border Patrol agents say the detained border crossers are asking for amnesty. Border Patrol agents say the number of illegal border corssers being found dead in the Texas brush country is also up and on path to beat last year's record mark.

Fri, Apr 12th

REPS. KING, BARLETTA, AND GOHMERT VOICE OPPOSITION TO AMNESTY

On the floor of the House of Representatives Wednesday night, Reps. Steve King (R-Iowa), Lou Barletta (R-Pa.), and Louie Gohmert (R-Texas) voiced their opposition to the amnesty bills being drafted in both the House and the Senate. The three have been mostly silent, but decided it was time to speak out with news that legislation is likely to be introduced next week.

Fri, Apr 12th

thu, Apr 11th

CIVIL RIGHTS COMMISSION MEMBERS URGE CONGRESSIONAL BLACK CAUCUS TO OPPOSE AMNESTY

Three members of the U.S. Commission on Civil Rights have sent a letter to the Congressional Black Caucus urging them to oppose amnesty. In their letter, the Commissioners ask if there are currently enough jobs in the country for minorities and they say no.

Fri, Apr 12th

56% OF SMALL BUSINESS OWNERS SUPPORT MANDATING E-VERIFY

A survey of small businesses conducted by National Small Business Association found that 56% of small business owners would support a mandatory E-Verify requirement. Only 24% opposed such a mandate. The survey also found that only 5% of small business owners have applied for either the H-1B visa for high-skilled, temporary foreign workers or the H-2B visa for low-skilled, non-agriculture temporary visas.

tue, Apr 9th

WORKER PROTECTIONS SOUGHT AMID EFFORTS TO INCREASE HIGH-TECH VISAS

Work on the so-called comprehensive immigration reform bill has been delayed while Senators argue over the inclusion of worker protections in the high-tech industry. Some are pushing for higher wages for those entering under H-1B visas, and penalties for high-end H-1B users, so that such workers do not displace citizens and legal residents.

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Big Wind Energy Subsidies: A Hurricane of Carnage, Cronyism and Corruption

Posted by Christine Lakatos on January 26, 2013 at 6:00pm

Despite Harm to the Environment and the Economy, Fiscal Cliff Deal Fuels Continuing Corporate Welfare 4063656008?profile=original


 The new year began with “fiscal cliff” midnight drama and fantasy, and the wind-production tax credit (PTC), despite its negative impact on our environment and economy, packaged as a job creator and measure to save the planet, made its way into H.R. 8, the American Taxpayer Relief Act of 2012 –– a piece of legislation that was hyped as for the American people, yet it included a number of key tax extender provisions for special interest groups. “Congress extended wind energy tax credits worth billions of dollars in the last-minute deal hammered out by Congress to avoid the fiscal cliff, a move decried by free market organizations as corporate welfare,” writes the Washington Free Beacon.

Crammed through in the dark of night behind closed doors –– where the Senate was given minutes to read the bill, and the House caved under White House threats –– and with support of many Republicans –– the looming and controversial (PTC) that many high-powered energy corporations have taken advantage of, rely heavily upon, and were fiercely lobbying for, was revived once again.

"The wind industry hired a team of heavyweight lobbyists with cozy connections to Capitol Hill and the Obama administration to ensure the survival of the tax credit, the Washington Examiner’sTimothy P. Carney reported," more specifically K Street firm McBee Strategic Consulting, of which I've found over and over in my green corruption research.

NOTE: “The Lucky Seven Stimulus Authors” are those that helped craft the 2009-Recovery Act and have financially benefited, of which I have already covered General Electric, John Doerr of Kleiner Perkins, Senator John Kerry, which I wrote about last week. I have given mention to billionaire George Soros as well as the left-wing organization the Apollo Alliance, with TJ Glautheir and McBee Strategic Consulting topping off my list. Full report soon to be released.

“Congress first enacted the wind energy PTC in 1992 and has renewed it seven times since,” even as part of the 2009-Recovery Act. The Institute for Energy Research counts the hidden realities of the PTC extension, noting that "The Joint Committee on Taxation estimates that the one year extension will cost American taxpayers over $12 billion." "But that figure doesn’t begin to represent the full cost of wind power,” including the detriment to ratepayers. And if Big Wind gets its way over "the next six years, then the PTC would cost over $50 billion."

Unknown to the American public is another green government freebie blowing out of the stimulus package. The 1603 Grant Program –– a relative of the PTC, which is part of President Obama’s trillion-dollar spending spree –– is administered by the Treasury Department, where billions in favored-businesses are given tax-free cash gifts. This program was also touted as a jobs creator (of course saved and supported), yet most of the so-called green job gains are temporary.

According to energy.gov, “The Section 1603 program was created under the American Recovery and Reinvestment Act to support the deployment of renewable energy resources. The 1603 program offered project developers the option to select a one-time cash payment in lieu of taking the Investment Tax Credit (ITC) or the Production Tax Credit (PTC), for which they would have otherwise been eligible.”

Last week, the Energy and Commerce Committee released an “in-depth report on its ongoing investigation into the implementation of President Obama’s green energy stimulus spending,” exposing a shocking detail; “foreign corporations have received approximately one-quarter of $16 billion spent on 'Section 1603' renewable energy stimulus program.”


The report, “American Taxpayer Investment, Foreign Corporation Benefit,” states that as of December 5, 2012, “nearly $16 billion in federal funds (ironically, the same amount as the Department of Energy’s 1705 risky loan portfolio) has been awarded under this program,” of which “approximately $10.8 billion (68%) of the total amount in Section 1603 grants awarded was for wind and another $3.8 billion (24%) was for solar projects.”

Furthermore, “President Obama’s FY 2013 Budget proposes extending the Section 1603 grant program for another year, to include property with a construction start date of 2012.”

What’s funny is that as I was preparing my Big Wind findings, at the end of December 2012 I had downloaded the 1603 awards spreadsheet, which records 8275 awards, totaling $15,964,130,442. Moreover, tucked neatly inside the fiscal cliff deal is where we find the 1603 again ––– now part of the two-month delay on sequestration. This means that there was no “immediate reduction in 1603 cash grants from the Department of Treasury. However, this 1603 reduction can still happen on March 1, 2013 if Congress does not enact another extension or strategy to avoid sequestration.”

Now we know President Obama's priority for his second term –– he's dead set on pushing a fierce and radical climate change agenda and funding green energy with taxpayer money, no matter the cost or consequences. So, we’ll anticipate March; follow the president’s budget; and watch for future requests for stimulus funds as well as earmarks tucked away in unread legislation coming down the green pipeline, but for now we'll go back in time to the president’s job council…


Lewis Hay Chairman and Chief Executive officer of NextEra Energy, Inc.: Part of President Obama’s Multi-millionaire, Billionaire Jobs Council Club  

Lewis “Lew” Hay, III is executive chairman of NextEra Energy, Inc., and it is estimated by Forbes, that CEO “Hay earns nearly $10 million in total compensation from NextEra.” Despite the fact that Hay was actually a “major political contributor to Sen. John McCain in 2008,” he quickly learned which side his power company could generate the title of the "Third Largest Recipient of DOE Risky Loans." Hay too joined wealthy Democratic donors on Obama’s Jobs Council in 2011, along with the other two I have tackled in this series, “Spreading the Wealth to Obama’s Ultra-Rich Job Council” –– Jobs Czar, Jeffrey Immelt CEO of General Electric has raked in $3 billion and counting, meanwhile John Doerr, along with his “climate buddy" Al Gore's, VC firm Kleiner Perkins is tied to at least $10 billion of stimulus funds. Both General Electric and Doerr were key contributors to what went into the 2009 Stimulus.

In my opening, I had stated that “NextEra Energy’s Green Money” was at least $2.3 billion, but that’s just from the Department of Energy’s (DOE) 1703 Loan Guarantee Program, of which I recorded in another green energy, crony corruption post last summer. We’ll revisit the DOE and Big Wind, but for now there is more you should know about NextEra…

NextEra Energy, Inc. is one of the oldest, third largest, and arguably one of the most solid power companies in the world, with “2011 revenues [that] totaled more than $15.3 billion.” And NextEra Energy Inc. has two primary subsidiaries: 

  • Florida Power & Light is the third largest electricity producer in the US, of which a September 2009 report states: “it's a political dynamo, making millions in political contributions and lobbying assiduously to achieve its goals."
  • NextEra Energy Resources is the largest generator of energy from sun and wind resources in North America. The company also has the third largest fleet (8) of nuclear powered electricity generating plants in the United States.


NextEra: Biggest User of the Wind Energy Production Tax Credit 

As a follower of NextEra, I found a fascinating analysis by John Fund of the National Review Online which states, “Begun 20 years ago to spur the construction of wind-energy facilities that could compete with conventional fossil-fuel power plants, the tax credit [PTC] gives wind an advantage over all other energy producers. But it has mostly benefited conventional nuclear and fossil-fuel-fired electricity producers. The biggest user of the tax credit is Florida-based NextEra Energy, the nation’s eighth-largest power producer. Through skillful manipulation of the credits, NextEra from 2005 to 2009 'paid just $88 million in taxes on earnings of nearly $7 billion,' Businessweek reports. That’s a tax rate of just 1.25 percent over that period, when the statutory rate is 35 percent.”


Wind Turbines Kill 440,000 Birds Each Year 

Moreover, Fund gives us an astonishing and heartbreaking look at the “carnage inflicted on Mother Nature," quoting Paul Driessen of the Washington Times, "The U.S. Fish and Wildlife Service estimates that wind turbines kill 440,000 bald and golden eagles, hawks, falcons, owls, cranes, egrets, geese, and other birds every year in the U.S., along with countless insect-eating bats.”

Sadly, Fund states, “The actual numbers are probably far higher. The turbine blades of the nation’s 39,000 windmills move at 100 to 200 miles per hour and can mow down anything that gets in their path.” “Over the past 25 years, turbines at Altamont Pass, Calif., alone, have killed an estimated 2,300 golden eagles leading to an 80 percent drop in the golden-eagle population of southern California.”

Ironically, when you read the fine print, as exposed by the Manhattan Institute, who calculated “The Real Costs to Taxpayers in Subsidizing Big Wind,” –– federal taxpayers (under former President Bush and now Obama), in effect, are subsidizing the killing of federally protected birds.”

Where are the environmentalists and Rachel Maddow screaming bloody murder? The chirps are light, and prosecution is non-existent because our “federal government looks the other way as wind farms kill birds, but haul oil and gas firms to court” –– all the while the Obama administration protects Big Bird at all costs.

But then again, Big Wind, to many like the Telegraph, is the most corrupt industry in the world –– “without the lies it tells as a matter of course and without the cosy stitch-ups it arranges with regulators and politicians at taxpayers' expense, it simply would not exist.”


Much more to this huge Big Wind story–– continue reading...

Here are the rest of the topics I've covered: 

  • Gone With the Wind: Wind Energy Grants Gone Overseas and to the Politically Connected, Including NextEra
  • NextEra: A Gust of other Stimulus Grants 
  • NextEra: Third Largest Power Company in the World is the Third Largest Recipient of Risky Loans 
  • A Twister of Sweetheart Deals Found in the Department of Energy’s Four Risky Wind Projects 

This was Part Three of "Spreading the Wealth to Obama's Ultra-Rich Job Council: The Green Five" 

Part One, 10/31/12 DOE Emails Prove White House Pressure on $1.3 Billion Loan to General Electric Wind Project

Part Two, Bank of Obama: John Doerr and Al Gore of Kleiner Perkins, The Mother of All Green Energy Stimulus Money Winners

Stay tuned for the final installment where we take a look at Billionaire Penny Pritzker as well as Richard Dean "Dick" Parsons, Former Chairman of the Board of Citigroup, Inc –– both part of Obama’s Multi-millionaire, Billionaire Jobs Council Club.

 

Signing off for now, THE Green Corruption blogger...

 
Read more…

Meet An Obama "Winner"

Posted by Jack Inglewood on November 16, 2012 at 2:16pm

If there was one billionaire more excited than George Soros at President Obama's re-election, it was Elon Musk.

The South African born Musk has been a triple recipient of Obama's "green" government investment schemes and the president's re-election appears to keep the taxpayer spigots open for the crony capitalist.

 

Musk is a three-time winner in the Obama taxpayer giveaways to his cronies and campaign contributors. 

 

Musk's Tesla Motors turned a $465 million loan guarantee from the Department of Energy into a $600 million personal windfall in profits when the company went public.  Musk used the loan to lobby Congress for more largess, spending $480,000 from 2007 to 2011 on lobbying Congress, the White House, EPA and DOE on climate and energy issues, the Advanced Technology Vehicles Manufacturing loan program, the Promoting Electric Vehicles Act, and the Recovery Act.

 

After giving thousands of dollars to the President and the political parties, Musk's company Space-X won $440 million in grants from NASA to design the next American spacecraft capable of launching humans into space.

 

Refusing to quit while he is ahead, Musk has entered the failing solar space.  SolarCity, another of Musk's companies living of the taxpayers, has filed for an IPO as Musk tries to replicate his get rich scheme.  But recent filings appear to put a bump in the road for SolarCity. 

 

The company, which awarded the company a $275 million loan guarantee, received a subpoena in July from the Office of the Inspector General of the U.S. Department of Treasury to determine whether the company was part of a scam to inaccurately stated the fair-market value of their PV systems when applying for funds under the Treasury's Section 1603 cash-grant program.

 

In addition to fleecing the taxpayers to pad his wallet, it appears that Musk's Tesla Motors is also coming under scrutiny. Tesla's own SEC reports that the battery could be unsafe and catch on fire.

 

The green industry is a racket that hurts taxpayers and makes Obama's cronies rich.  Unless Congress acts, we will likely endure another four years of bailouts, handouts and giveaways to the president's supporters.

 

It's time for conservatives to demand separation of business and state and it should start with Elon Musk. 

Read more…

Green Alert: Tracking President Obama's Green-Energy Failures, the List

Posted by Christine Lakatos on October 21, 2012 at 4:26pm

341.jpgAt the end of September, Marita Noon and I began to expose the various failures of Obama’s green-energy expenditures (mainly from the trillion dollar, 2009-stimulus package where over $90 billion was earmarked for "green") –– projects and firms that have gone bankrupt (confirming 15 with more on our radar). A hot topic that became part of the first presidential debate where after President Obama pressed Mitt Romney for supporting tax cuts for oil companies, Romney reminded Obama that he put $90 billion into failing green companies like Solyndra, Fisker, Tesla, and Ener1. “I had friend who said you don’t just pick the winners and losers, you pick the losers,” Romney cleverly added.


 We then we moved on to those that are functioning, but facing difficulties –– struggling either financially, while some environmentally, still others laying off workers, and quite a few on life support (approximately 20). 

 

Lastly, we addressed the "5 million green jobs that Candidate Obama had promised in 2008," of which Team Obama is now claiming victory, however, as we noted, the math doesn't add up, nor does the gimmick accounting –– recycled ones; those that already existed –– used by the Obama administration's Labor Department.


 While in Marita's Townhall.com columns we placed an * after the project/company’s name to indicate a political connection (cronyism and corruption), in my subsequent blogs I expanded upon our efforts, and plugged in my research, listing those critical ties. 


 In our three-part series, two focused directly on the failures, and our sums were 15 bankruptcies and 20 troubled (a total of 35 with over 65% having meaningful Democrat political connections –– bundlers, donors, supporters, etc). Yet, considering the rapid speed of these "green" bankruptcies and issues (about 10 that I read about just last week), I'm compiling new totals here, which will include a new and updated list by the Heritage Foundation dated October 18, 2012 –– President Obama’s Taxpayer-Backed Green Energy Failures –– with their total of 36 (updated later with a number of 34). And most listed at The Heritage and ours are very similar, however, they have some we don't and vise versa.

 

New calculations: 22 bankrupt, 25 troubled, equals a new "Obama green-energy failure" list total of 47. And so far, at least $15 billion of "green" taxpayer money is either gone or still at risk, and the majority was funneled to Obama and Democrat cronies –– I can confirm that over 62% are political connected.

 

BANKRUPT

  1. Solyndra*: Received $535 million DOE loan and $25.1 million in California tax credit. Bankrupt: September 2011
  2. Abound Solar*: Received part of a $60 million grant under the Bush administration, and was awarded a $400 million loan under Obama in December of 2010. Abound was awarded a $9.2-million loan from the Export-Import Bank in July 2011. Bankrupt: June 2012
  3. Beacon Power*: Received more than $25 million in DOE grants and a DOE loan for $43 million. Bankrupt: October 2011 

  4. A123 Systems*: Received $390 million, of which $249 million of it was a Recovery Act Grant. Filed for Bankruptcy October 16, 2012, and two companies are seeking to buy A123; Johnson Controls and the Chinese firm Wanxiangis. 

  5. AES Eastern Energy/Energy Storage*: Received $17.1 million DOE conditional commitment on August 2, 2010. Bankrupt: December 31, 2011.
  6. Amonix*: Received $6 million in federal tax credits a $15.6 million grant from the DOE for research and development. Bankrupt: July 18, 2012.  
  7. Azure Dynamics*: Received millions in stimulus funds and over $1.7 million in Michigan state tax credits. Bankrupt: March 27, 2012 ––  HF ADDITION: states $120 million
  8. Babcock & Brown: Received $178 million in the largest federal (1603) stimulus wind grant in December 2009. Placed into voluntary liquidation: March 13, 2009
  9. Energy Conversion Devices Inc./Uni-Solar: Received a $13.3 million Stimulus tax credit. Bankrupt: February 2011.
  10. Ener1*: Received a $118.5 million DOE Stimulus grant. Bankrupt: January 26, 2011.
  11. Evergreen Solar, Inc.*: Received Stimulus funds, grants, tax-credits, low-interest loans and subsidies. Bankrupt: August 15, 2011 
  12. Konarka Technologies Inc.: Received $20 million in grants from government agencies such as the DOE and the Pentagon. Bankrupt: June 4, 2012.
  13. ADDITION Range Fuels*: Range Fuels: $162.25 million in government commitments since 2007, of which $64 million came from a USDA Biofuel loan in 2010 alone, despite financial and technical difficulties, and opposition inside the USDA. 
  14. Raser Technologies: Received $33 million Treasury Department Stimulus grant. Bankrupt: May 2, 2011. 
  15. SpectraWatt*: Received $500,000 grant from the Renewable Energy Lab via the Stimulus. Bankrupt: August 23, 2011
  16. Stirling Energy Systems: Received $7 million from a federal renewable-energy grant and was eligible for nearly $10.5 million in manufacturing September 28, 2011. 
  17. Thompson River Power LLC: Received $6.5 million in Stimulus funds from Section 1603. Bankrupt: July 2, 2012.
  18. HF ADDITION: Mountain Plaza, Inc. ($2 million); in our unconfirmed list
  19. HF ADDITION: Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million);
    in our unconfirmed list
  20. HF ADDITION: Nordic Windpower* ($16 million)
  21. HF ADDITION: Satcon ($3 million) As reported by the Heritage Foundation October 18, 2012, "A solar company that got a multi-million-dollar grant from the Department of Energy earlier this year announced Wednesday that it will file for Chapter 11 bankruptcy protection, making it the second taxpayer-backed green energy company to file for bankruptcy this week." 
  22. HF ADDITION: Willard and Kelsey Solar Group ($700,981) ($6 million); in our unconfirmed bankrupt list


TROUBLED

  1. Fisker Automotive* –– $528.7 
  2. Tesla Motors* –– $465 million 
  3. AREVA acquired Ausra Inc.* –– $2 billion  
  4. BrightSource Energy* –– $1.6 billion 
  5. First Solar* –– $3 billion, plus suspicious Export-Import bank funding 
  6. Nevada Geothermal* –– $78.8 million, plus $69 million in federal stimulus-funded grants
  7. NextEra Energy Genesis Solar Project* –– $681.6 million
  8. SunPower Corp.* (California Valley Solar Ranch project bought by NRG Energy*) –– $1.2 billion DOE loan guarantee
  9. AltaRock* –– $6 million, $25 million, plus $1.45 million 
  10. Bloom Energy* –– $5 million
  11. CH2M Hill* –– $2 billion 
  12. Chevy Volt* –– $151 million, $105 million, plus other stimulus funds HF ADDITION: GreenVolts ($500,000) - I'm assuming this is the Chevy Volt
  13. ECOtality Inc.* –– $126.2 million  

  14. Johnson Controls –– $299 million

  15. Montana Alberta Tie Line –– $152 million of federal financing (some reports say $161 million) 
  16. National Renewable Energy Lab* –– $200 million
  17. Schneider Electric –– $86 million
  18. Serious Material (Serious Energy)* –– $548,100   
  19. Solar World Industries America –– $4.6 million  
  20. ADDITION: Solar City* –– Got a $275 million conditional guarantee (DOE) that was later rejected. Besides some financial issues, Solar City was subpoenaed in July as part of a federal probe of the Treasury grant program. As reported by The Washington Free Beacon (October 18, 2012), SolarCity, is currently being audited by the Internal Revenue Service and investigated by the Treasury Department’s inspector general amid allegations that the firm misrepresented the value of its investment when applying for stimulus grants. So it looks like Solar City" has applied for approximately $325 million in these stimulus grants, according to the SEC filing." So, loan rejected, but the grant is larger (as are the political ties) –– we'll keep an eye on this story.
  21. Solar World Industries America –– $4.6 million
  22. HF ADDITION: Vestas ($50 million)
  23. HF ADDITION: LG Chem’s subsidiary Compact Power ($151 million, part of the Recovery Act, and millions worth of special state tax breaks based on job creation of all things) LG Chem is another green company that President Obama touted during his visit at the LG Chem battery cell production site in 2010.  This is an amusing story that was recently brought to my attention –– according to Wood TV, Michigan (October 18, 2012), "Workers at LG Chem, a $300 million lithium-ion battery plant heavily funded by taxpayers, tell Target 8 that they have so little work to do that they spend hours playing cards and board games, reading magazines or watching movies." Now, their story (more scandalous than what I posted here) is under investigation by the Recovery Accountability and Transparency Board –– an oversight agency for the federal stimulus program, what I call the RAT Board –– another huge part of this green corruption scandal.
  24. HF ADDITION: Navistar ($10 million) 
  25. HF ADDITION: Mascoma Corp.* ($100 million)

 

Department of Energy Collateral Damage

  1. Aptera Motors 
  2. Bright Automotive
  3. Solar Trust*

 *Denotes companies/projects with confirmed cronyism and/or corruption.
The is the complete list of faltering or bankrupt green-energy companies by The Heritage Foundation, October 18, 2012 (updated later to reflect 34)  –– President Obama’s Taxpayer-Backed Green Energy Failures

The complete list of faltering or bankrupt green-energy companies:

  1. Evergreen Solar ($25 million)*
  2. SpectraWatt ($500,000)*
  3. Solyndra ($535 million)*
  4. Beacon Power ($43 million)*
  5. Nevada Geothermal ($98.5 million)
  6. SunPower ($1.2 billion)
  7. First Solar ($1.46 billion)
  8. Babcock and Brown ($178 million)
  9. EnerDel’s subsidiary Ener1 ($118.5 million)*
  10. Amonix ($5.9 million)
  11. Fisker Automotive ($529 million)
  12. Abound Solar ($400 million)*
  13. A123 Systems ($279 million)*
  14. Willard and Kelsey Solar Group ($700,981)*
  15. Johnson Controls ($299 million)
  16. Schneider Electric ($86 million)
  17. Brightsource ($1.6 billion)
  18. ECOtality ($126.2 million)
  19. Raser Technologies ($33 million)*
  20. Energy Conversion Devices ($13.3 million)*
  21. Mountain Plaza, Inc. ($2 million)*
  22. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
  23. Range Fuels ($80 million)*
  24. Thompson River Power ($6.5 million)*
  25. Stirling Energy Systems ($7 million)*
  26. Azure Dynamics ($5.4 million)*
  27. GreenVolts ($500,000)
  28. Vestas ($50 million)
  29. LG Chem’s subsidiary Compact Power ($151 million)
  30. Nordic Windpower ($16 million)*
  31. Navistar ($39 million)
  32. Satcon ($3 million)*
  33. Konarka Technologies Inc. ($20 million)*
  34. Mascoma Corp. ($100 million)

*Denotes companies that have filed for bankruptcy.

 

HERITAGE CORRECTION:

Figures for four companies have been updated: Beacon Power received $43 million from the U.S. government, not $69 million as originally reported. Azure Dynamics received $5.4 million from the federal government, not $120 million as originally reported. Compact Power Inc. received $151 million as part of the stimulus, not $150 million as originally reported. Willard and Kelsey Solar Group received $700,981 in government funding, not $6 million as originally reported.

 

The following companies have been removed from the original list: AES’s subsidiary Eastern Energy, LSP Energy and Uni-Solar did not receive government-backed loans, based on additional research. The National Renewable Energy Lab did received $200 million in stimulus funding, but it is a government laboratory.


 NOTE: My blog reflects the Heritage "corrections," however, I kept in AES and the National Energy Lab –– and we initially had four unconfirmed bankruptcies:

  • LSP Energy
  • Mountain Plaza Inc.
  • Olsen Crop Service/Olsen Mills
  • Willard & Kelsey Solar Group

 

 

So far, at least $15 billion of "green" taxpayer money is either gone or still at risk, and the majority was funneled to Obama and Democrat cronies 


As you can see tracking President Obama's failed green-energy expenditures is like aiming at a moving target, and calculating the exact dollar amount is even more difficult to pinpoint. This is partly due the fact that companies/projects received multiple green government subsidies that weren't recorded or tracked properly (federal and state loans, grants and special tax credits, and from various programs and agencies). Also, some of these firms were given a loan guarantee, yet didn't have access to the entire amount,  prior to their bankruptcy.  However, as a ballpark figure, I'd say that at least $15 billion that we know of at this time. And here's why...


 I had purposely listed the bankrupt and troubled from the Department of Energy's Loan Guarantee Program (DOE LGP) first. Since 2009, the DOE has guaranteed $34.7 billion – 46% through the 1705 ($16 billion of which 90% are politically connected), 30% through the 1703 ($10.3 billion—AREVA and Georgia Power), and 14% through the ATVM ($8.4 billion and 3 of the five loans are tied directly to Obama).


 Marita and I covered eleven companies from the DOE LGP (Solyndra, Abound Solar, Beacon Power, Fisker Auto, Telsa Motors, AREVA, BrightSource Energy, First Solar, Nevada Geothermal, NextEra Energy's Genesis Solar Project, and SunPower/NRG Energy's California Valley Solar Ranch), noting that from that program alone, close to $10 billion of taxpayer money is already gone, while, as you can see, some is still at risk. What's interesting to note is that of the "26 loan guarantees under the 1705 program, of which the DOE doled out in excess of $16 billion, “23 of the loans were rated “Junk grade” due to their poor credit quality, while the other four were rated BBB, which is at the lowest end of the 'investment' grade of categories.”


 Meaning that the DOE had already put the majority of that $16 billion into excessively risky investments. And to add insult to taxpayer injury, the driving force behind these decisions weren't based merit as the DOE would have you believe –– obviously it was cronyism and corruption. My April 2012 analysis of the Committee on Oversight and Government Reform March 2012 report confirmed that over 90% have meaningful political ties to President Obama and high ranking Democrats, or both, which gives credence to Congressman Ryan's jab to the so-called "Stimulus Sheriff," Vice President Joe Biden during the VP debate, "$90 billion in green pork to campaign contributors and special interest groups." Ryan went on to call the Obama green-energy expenditures what it is, "crony capitalism and corporate welfare."


 In case you missed our Obama Green Energy Failures, Three Part Series:

 

PS: If anyone cares to add up these failed green-energy expenditures, drop me a line and I'll post it on my blog. Thanks, Christine @calfit32@gmail.com; THE Green Corruption blogger.

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Spain’s Present is Obama America’s Future

Posted by Michael J. Fell on September 4, 2012 at 10:46pm

Although Spain is not as bad off as Greece, a look at Spain’s current economic reality reveals the future of 4063573816?profile=originalAmerica under four more years of Barrack Obama.

Despite European commitments to inject up to 100 billion euros into Spain’s faltering banking system, bank withdrawals have accelerated.  During July, doubts about Spain’s financial system caused Spaniards to withdraw a record $94 billion from their banks.   That amounts to 7 percent of Spain’s total domestic economic output.

Capital flight is beginning to include educated entrepreneurs who are fed up with scant job opportunities in a country with a 25 percent unemployment rate.  Statistics show that in a twelve month span 30,000 Spaniards have registered to work in Britain, an increase of 25 percent over 2011 levels.

Since taking office in 2009, Obama has aggressively promoted a “green energy” agenda modeled after the one pursued by Spain.  The assumption that pursuing the same agenda will bring about different results is 4063573834?profile=originalbased on no known empirical data.

If American voters are willing to accept 25 percent unemployment as the new normal and can live with a combination of major investment capital flight and disappearing employment opportunities, then Obama’s re-election is a foregone conclusion.

However, if Americans prefer to see a resurgence of American economic might through development of its domestic energy resources, and the millions of jobs that activity will create, then Obama’s days in the White House are numbered.

http://mjfellright.wordpress.com/2012/09/05/spains-present-is-obama-americas-future/

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Obama-Tied Troubled First Solar $3 Billion DOE Loans Produce Majority of Jobs Oversees, CEO Sold His Own Stock –– Plus More "Clean-Energy Dirt" Exposed

Posted by Christine Lakatos on June 12, 2012 at 8:30am
solar+news.jpg
Since the finalization of three DOE loan guarantees at a price tag of over $3 billion of taxpayer money, First Solar has "experienced serious financial problems," in October 2011 fired their CEO Robert Gillette (replaced by former CEO and company founder Mike Ahearn), suffered from declining stock value, and back in April 2012, you guessed it, "laid off 2,000 workers and closed factories." If that wasn't bad enough, now in May, "the firm announced a massive round of furloughs," but it gets more convoluted... 
 
Follow the Obama Bundlers and Donors –– First Solar Investors
First Solar was an early investment of Goldman Sachs, the number two Top Obama Donor  that gave more than $1 million dollars to his 2008 campaign –– not to mention the Obama administration "is infested" with Goldman Sachs executives.
Furthermore, two Goldman executives sat on Obama's 2008 Finance Committee –– Bruce Heyman and David Heller, while Jennifer Scully and Bruce Heyman were 2008 Obama bundlers. According to the Wall Street Journal in 2009, Obama’s Wall Street Buddies, "Ms. Scully raised $100,000, but didn’t make any large donations personally; Mr. Heyman bundled $50,000 in donations, including a $10,000 contribution he made and Goldman executive, David Heller, donated $25,000."
GoldmanSacs_Environmental+Markets_2011.jpg
NOTE: JPEG is what I found during my research in 2010 and 2011 (Goldman Sachs Environmental Markets),
which is no longer available on the Goldman Sachs site.
Also, in Peter Schweizer’s New York Times bestseller, Throw Them All Out, is recorded more interesting data on First Solar. For example, another First Solar investor is billionaire Paul Tudor Jones, who was a 2008 Obama bundler, and the CEO of First Solar, Michael Ahearn, "gives generously (and exclusively) to Democrats."


Troubled First Solar Under Extreme Oversight Heat,  Including its CEO Michael Ahearn
Speaking of Mr. Ahearn, during the May 16, 2012 House Oversight Committee hearing, CA Representative Darrell Issa surmised that First Solar is "not an American company." It turns out that the numbers don't lie because Ahearn admitted, "in sheer numbers, most of our full time [employees] are outside the US." Yep folks, the majority of the jobs that the DOE funded with taxpayer money are going oversees.  
More outrageous information came out of a brutal "House Oversight" confrontation, where Mr. Ahearn, admitted to selling over 700,000 shares in August 2011, of which he personally raked in a whopping $68.5 million! Yet, according to HumanEvents.com, this has been going on for a while, "between 2008 and 2012 –– a period when First Solar’s stock value dropped by almost 95 percent –– Ahearn sold over $450 million of his own company’s stock."  


Yet, two weeks after this hearing, where Ahearn had told members of the House Oversight committee that his company “remains financially strong and well positioned to execute through the current market environment," First Solar announced that they have "furloughed half of the 240-person workforce at its Antelope Valley Solar Ranch One (AVSR1) power plant near Los Angeles" as reported by The Washington Free Beacon –– FIRST SOLAR FURLOUGH.
 
Oh, but as Fist Solar sinks and taxpayers lose, the CEO Ahearn is not the only one cashing in. Another Obama ally, a member of  “Patriotic Millionaires” (a group of wealthy Obama supporters backing the president’s effort to raise taxes on high-earners), is "Ultra-wealthy Obama supporter Whitney Tilson" –– again unraveled by The Washington Free Beacon just today. It turns out that "One of the few “winners” in Tilson’s portfolio was his short position in First Solar, a company on the brink of collapse despite receiving more than $3 billion in federal loan guarantees from the Obama administration." 
And, the DOE is not the only government agency that played favorites with First Solar...
First Solar has been facing scrutiny by the Senate Budget Committee over the fact they are part of the "Special Solar Seven" that in March 2009 "received fast-tracked approval by the Department of Interior (DOI) to lease federal lands in a no-bid process," story also tracked by The Washington Free Beacon.  As reported last week by the Washington Examiner, "Lawmakers fear that several politically connected green energy companies received special treatment from the Interior and Energy departments due to their relationship with Obama. [Last November], they focused their inquiry on six companies in particular: Abengoa Solar, BrightSource Energy, First Solar, Nevada Geothermal Power, NextEra Energy Resources and SolarReserve." However, as of late, President Obama's Interior Department –– Interior Secretary Ken Salazar –– is "following the same playbook" as Energy Secretary Steven Chu: "stall, and give Congress as little information and documentation as possible." 
 
First Solar and Energy Secretary Chu's "DOE's Junk Bond Portfolio"
First Solar is not directly in the "DOE junk bond inventory" that I reported on in April (Green Corruption: Department of Energy “Junk Loans” and Cronyism ––..., but are they are linked to three of the projects on that list. 
  1. Agua Caliente, Arizona –– Rating BB+ by Fitch, Aug 2011 for $967 million –– was purchased by NRG Solar, LLC, and a subsidiary of NRG Energy. It turns out that the plant would supply power to PG&E, and be made with panels from the Temp-based First Solar inc. See my NRG and George Soros post, BREAKING: NRG Energy on the DOE Cronyism Hot Seat, Also Tied to Geo... Also, electricity from Agua Caliente will be sold under a 25-year power purchase agreement with Pacific Gas and Electric Co, (another Big Energy firm making BANK off of green energy, including government subsidies that just so happens to be politically connected to the president and the Democrat party)
  2. Antelope Valley Solar Ranch, California –– Rating BBB- by Fitch, Sept 2011 for $646 million –– was purchased by Exelon Corp, yet First Solar, which developed the project, "will build, operate, and maintain the project." Interesting that Exelon Corp. was another 2008 Obama donor, and the AVR project has a 25-year purchase power agreement from PG&E as well.
  3. Desert Sunlight, California –– Rating BBB- by Fitch; Sept 2011 for $1.2 billion (or $1.46 billion –– was sold to NextEra Energy Resources, LLC, the competitive energy s.... Yet, the September announcement also states that, "First Solar will continue to build and subsequently operate and maintain the project under separate agreements." Coincidentally, both CEO's are on President Obama's Job Council, Lewis Hay of NextEra Energy and Jeffrey Immelt of GE (another top Obama donor, donating a whopping $529,855 to his 2008 campaign and reaping billions of green-energy dollars), and there is much to report on both GE and NextEra, in the near future. 
Initially, the DOE had granted conditional loans guarantees to three First Solar projects totaling over  $4.5 billion, yet First Solar's Topaz project located in San Luis Obispo, CA (for $1.5 billion) was not finalized. Later the Topaz project was purchased by (Obama buddy") Warren Buffet for $2 billion, and somehow the Agua Caliente project ended up snagging that $967 million loan guarantee, thus giving First Solar over $3 billion of green-government loans.
 
First Solar came under extreme heat in the House Oversight Investigation –– "The First Solar Scheme" (pp. 29-38), noting a series of violations and application misrepresentation as wells as "persistent pressure" with even a "threatening" letter to Jonathan Silver documented. And Silver, the former DOE Loan Adviser, according to WSJ Barron’s Magazine (July 10, 2010), had been a managing partner at Core Capital Partners in Washington. Coincidentally, one of Silver's colleagues there was Tom Wheeler, another Obama-Biden fund 2008 bundler. While Silver was supposed to help Chu accelerate loan reviews, he resigned from the DOE this year, amidst the Solyndra Scandal.
 
Also, within the pages the report released last month by the Committee on Oversight and Government Reform, evidence emerged "indicating that DOE manipulated analysis and strategically modified evaluations in order to get the [First Solar] loans out the door."
 
 
Goldman Sachs DNA all Over "Green" 
Besides First Solar, there are two more Goldman investments that happen to be on the "DOE junk bond list" that received government loans:
  • Cogentrix of Alamosa, LLC (a wholly owned subsidiary of Goldman Sachs), which had a "B Rating" by Fitch, in September 2011 snagged a $90.6 million DOE loan for a solar site in Colorado. 
  • U.S. Geothermal, Inc (Malheur County, Oregon) with a "BB Rating" by S&P, in February 2011 got a $97 million DOE loan. Schweizer' book notes that Goldman Sachs is the second largest shareholder of U.S. Geothermal. Yet, in 2010 I found more green-government subsidies for U.S. Geothermal...

Since my 2010 and 2011 research, it seems that Goldman Sachs' website has gone through a makeover, and their “Environmental Markets Financing and Advisory ” section clients include at least two green firms that stand out immediately. Both were also recipients of millions of DOE money and have meaningful connections to President Obama, the DOE, and Democrats. 
While this opens up a need to unveil more "Big Green Favored Portfolios," and much more, here is a snippet:
  • Tesla Motors IPO: Obama Bundler and DOE Advisor, Steven Westly snagged a $465 million ATVM DOE loan (one of five), and in 2011 was tagged as the "Green bundler with the golden touch." While IWatch points to "a trail of [green] loans, grants and tax breaks," I found more –– as of January 2012, over 40% (and counting) of The Westly Group portfolio were winners in the "Obama's Green Spending Spree."
  • Amyris, Inc. IPO: Not only is this company a Westly investment, but also a Kleiner Perkins and Khosla Ventures investment –– both comprise of "heavy-weight" Obama supporters, whose firms snagged multiple green-government contracts, another trail we will expose in due time. Also, according to Peter Schweizer, "California Senator Diane Feinstein and her husband invested $1 million into Amyris Biotechnologies just weeks prior to the company receiving a $24 million grant from the Department of Energy (DOE)." 

Furthermore, it has been reported that Goldman Sachs is credited as the “exclusive financial adviser” for Solyndra, and in June 2009, SpectraWatt, another Goldman Sachs investment, received a $500,000 grant from National Renewable Energy Lab via the stimulus. However, SpectraWatt filed for bankruptcy in 2011, but not before giving "five company executives, including Richard J. Haug, SpectraWatt's President and COO, six-figure 'insider payments' totaling more than $745,000," a very disturbing trend that seems to accompany many taxpayer-funded green firms that go bust!   
 

Back in 2009 –– since the passing of President Obama's Taxpayer Funded Stimulus Spending Spree, of which over $80 billion was earmarked for alternative energy –– is when I began following the green money. At that time, I uncovered some riveting revelations and connections about Goldman Sachs. But what I found most fascinating came from Matt Taibbi's Rolling Stone Magazine piece and video, where he exposed Goldman Sachs' "long-standing and very deep ties to the Democratic Party," and their "long history of putting their former employees in Democratic administrations."

 

Much more on this huge piece of the Green Corruption scandal –– CLICK HERE to continue...

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Today

Posted by Cal on March 27, 2012 at 8:26pm

 

Panel OKs Drug Testing of Oklahoma Welfare Recipients (a good beginning?)TODAY ARTICLE

…The bill requires those receivingTemporary Benefits for Needy Families, TANF, to pay for a drug test and then be reimbursed if they test negative. Under the bill, children whose parents fail a test could receive benefits through a designated appointee. (partial article)from Hugo,Ok newspaper

PLUS…Green Cars ….Just where do the idiots think the EXTRA Electricity comes from?! Coal fired and Nuclear POWER Plants!….Aternative Power is still just ”Wind” & sunny TALK…..

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Rajjpuut's Folly: Where are the jobs? Miscounted into Thin Air!

Posted by Bob VanDeHey on October 18, 2010 at 5:00pm

“There are liars, damned liars and statisticians . . .” (old saying)

http://rajjpuutsfolly.blogtownhall.com/

specifically quoted:

http://rajjpuutsfolly.blogtownhall.com/2009/08/09/green-pain_in_spain_sends_pesetas_down_the_drain.thtml

Obama Administration’s SEVERE

MISCOUNT of Stimulus jobs

Aims to Hide Sickening Truth

It’s considered unpatriotic by Mr. Obama to criticize him or his administration or their ineptness. If that’s so, you’re about to hear some truly unpatriotic blasphemy. Are you one of those Doubting Thomases very skeptical about the honesty of reported federal government statistics? The word on the street is that “figures don’t lie, but liars sure can figure.” Here’s a case in point, among all the “jobs created or saved by the Obama administration’s $787 Billion stimulus were 384 jobs created at Hormel’s Jennie-O Turkey Store in Willmar, Minnesota at a cost of $7,144,000 ( a mere $18,600 per job, fantastic by normal government standards). The summary of the grant reads this way: “production and delivery of small cooked deli breasts.” Sounds good. The turkey breasts in question are part of a $100 million package of grants received mainly for canned fruit, canned pork, and sliced ham for stocking food pantries across the nation.

OOOOps, one small problem: the 384 people hired eventually worked for less than 40 hours each. How many actual permanent jobs were created by this grant? ZERO! Cost per day for each of these jobs? $3,720. Are you still impressed? How much REAL money went into the pockets of Obama supporters for FAKE jobs on this one? Unfortunately, those statistics are not available . . . .

This is why virtually all federally released figures must be taken with a huge grain of salt by any intelligent voter. Weasel phrases akin to calling the neighborhood “pool parlor” a “Pocket Billiards Emporium” are the very stock in trade of federal liars like Barak Obama and all the people who surround him and support his efforts all the way right down to the sour-faced neighborhood bureaucrat. Do you remember back when Senator Obama was talking about creating five million new green-tech jobs as soon as he became president? If that was realistic and helpful, surely that’s where the bulk of the stimulus money should have gone, no? Well, Rajjpuut, and a whole hell of a lot of other bloggers around the country put the national media straight and that starry-eyed notion melted away like butter on a hot skillet bottom. Since the “green-tech” lie is a classic example of what we’re up against, it bears repeating . . . .

Admit it, it sounds terrific! Imagine five million new jobs in the green-tech industry helping get our nation off the oil bandwagon and all the pollution it produces. That was NICE. Now let’s face the facts . . . .

Up until about thirteen years ago, Spain was the top job creator among all nations in the European Union. Then they got the starry-eyed notion to pour money into "alternative energy," clean up the environment and create even more jobs via green tech. Sound familiar? One caveat for Mr. Obama, Spain's present unemployment rate at more than 20% is more than double the European Union average. Barak, of course doubles-down on green-tech, steadfastly refusing to let Americans drill off America's shoreline, in the country itself, or even to let Americans use new technologies to drill out old oil wells: all policies even the green-smitten Spaniards would call "absolutamente loco!"

So what do the stats tell us? The Spanish economy lost 2.2 jobs from the wider marketplace for every single green job created. That would mean Obama's program could cost America eleven million other jobs or a net loss of six million jobs, but wait . . . . Remember from our one-day turkey breast example, whenever liberal politicians "create" jobs they tend to count in "funny" sorts of ways, acting as if a one-week job and a permanent job were all the same thing. What happened in Spain was that ultimately only 10% of the green jobs they created were permanent jobs . . . ooooooops that means that instead of creating five million REAL JOBS, Obama will likely be creating five million bogus-counted funny-jobs in green tech that amount to only 500,000 real jobs-- so now we're looking at an overall loss of 10.5 million real jobs . . . that's 22 real jobs lost** by the subsidies needed to fund creation each single green-tech job, OUCH! Here’s a report from another heretic that Rajjpuut loves:

http://bond.senate.gov/public/index.cfm?FuseAction=PressRoom.NewsReleases&ContentRecord_id=e87126d9-93a1-2001-2698-ff77496e5690

This info, from the U. S. Senate Subcommittee on Green Jobs and the New Economy, concludes that many green jobs pay low wages, require expensive taxpayer subsidies, and require killing existing jobs to subsidize these new green jobs. Of course, Missouri Senator Kit Bond author of that report Yellow Light on Green Jobs and subcommittee ranking member is a conservative Republican and he's surely regarded as "unpatriotic" by Mr. Gibbs and Mr. Obama too??? Senator Bond, by the way, is retiring by choice and will be sorely missed. And also, “sorely missed”? All those jobs created or saved by the Obama stimulus . . . . jobs that upon closer examination all POOF! Disappear into thin air.

Ya’ll live long, strong and ornery,

Rajjpuut

** "How can this be?" you ask . . . . Government canNOT create jobs they can only redistribute wealth. Even creating apparent jobs in the military or the border patrol to carry out obvious and necessary government functions of protecting the nation comes at a cost of real jobs in the free market economy, it just so happens that almost all Americans agree those are worthy functions and don't begrudge the government the cost, but make no bones about it, there is a cost. World War II saw the "creation" of 16 million jobs and brought the Great Depression to an end because of that. What was the cost? Virtually all economic activity was diverted into the military sphere in one way or another and the entire country was under rationing beginning in the spring of 1942. Ordinary citizens found that certain foods were almost impossible to get and they cost much more than previously. Items like metals; gasoline and other fuels; tires and other rubber goods; a lot of food especially coffee, meats, butter, fats, cheese and oils; and even clothing such as nylons and shoes were rationed. In other words the citizens sacrificed greatly by government decree so the war effort could continue. Additionally, huge amounts of time and energy normally devoted to other activities by individuals and businesses was turned toward the war and the needs of the troops: scrap drives, huge drives for war bond sales, virtually all the normal activities of a nation at peace were foregone or dramatically reduced so the military could succeed. Besides the loss in people and in maimed individuals, the material wealth of the nation was greatly reduced, but it could have been far, far worse . . . imagine being a Japanese, Italian or German citizen and not only sacrificing so much, not only losing so many of your relatives, friends and neighbors, but also having your very homeland destroyed and so many of you killed in the process. War is not pretty and all the costs of it should always be understood before it's every embarked upon.

More reading desired?

http://www.teapartypatriots.org/BlogPostView.aspx?id=62a6c0e2-58a6-47ee-a4a6-3dbb5d436ef5

http://rajjpuutsfolly.blogtownhall.com/2009/06/04/the_green-tech_fallacy_or_how_barak_flunked_economics.thtml

http://rajjpuutsfolly.blogtownhall.com/2009/08/09/green-pain_in_spain_sends_pesetas_down_the_drain.thtml

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Rajjpuut's Folly: Might “the Naked W-hore, Big Business” Become “Virtuous” after All?

Posted by Bob VanDeHey on July 3, 2010 at 11:30pm

Financial Times Limited Reports that GE's CEO

Jeffrey Immelt “Hits out at China and Obama”

The old song says, “This Could Be the Start of Something Big,” well, could it be? Could this be the beginning of the end of corporate sponsorship of naked progressivism and virtual communist candidates who want to gut corporations or want them taken over by ever-expanding and ever- expensive big government? Could “the Naked W-hore, Big Business" be returning to its senses? Could Atlas be shrugging right before our very eyes? YAWN, probably NOT!

http://www.ft.com/cms/s/0/ed654fac-8518-11df-adfa-00144feabdc0.html

On July 1, 2010, the London, England-based Financial Times Limited on its blogsite (FT.com) ran the story linked immediately above beneath the headline “Immelt hits out at China and Obama” a story coordinated between two writers Guy Dinmore (in Rome, Italy) and Geoff Dyer (in Bejing, China). According to the regretably mostly UNinformed duo of reporters, “Jeffrey Immelt, General Electric’s chief executive, has launched a rare broadside against the Chinese government, which he accused of being increasingly hostile to foreign multinationals.” Gosh, do you think RED China might be tilting the playing field instead of playing nice, Mr. Immelt? Grow Up, little boy!

The article depicted Immelt expanding upon China’s cut-throat methods (and goals?) and then going on to attack the Obama administration for its anti-business sentiment and legislation. Once again, do you think a child raised by a communist mother and communist grandfather whose Kenyan birth-father wrote the essay linked immediately below (which shows us a typical communist discussion of 100% taxes on the rich, takeover of international business firms in Kenya, and the dire need to transfer wealth from Kenya’s White and Asian citizens to its Black ones) might disapprove of capitalism, Mr. Immelt? Again, Grow Up, little boy!

http://www.politico.com/static/PPM41_eastafrica.html

The story, unfortunately is NOT what it seems to be, here are the facts about Mr. Jeffrey Immelt, GE CEO . . . .

1. GE and Mr. Immelt are in bed with Barack Obama. GE and he personally have not only abetted the campaign funding of candidate Obama but gone out of their way to tie their company into Obama’s pie in the sky “green initiatives” and into the dishonorable lie of global warming (despite the well-known corruption of science in the name of $34 million worth of grants, etc.) and Immelt and GE have been . . .

http://www.timesonline.co.uk/tol/news/environment/article6936289.ece

doing so from the start. When it comes to Washington bucks, no large corporation gets more attention than GE from the Obama’s administration. Here at home GE and Immelt continuously pour praise on the Obama administration and its goals.

2. GE (traces its origin to Thomas Alva Edison, so one would hope the company would be laissez faire capitalistic to its very core) is the w-hore of w-hores in the business world. GE has monstrous holdings in the media and entertainment industry. When it comes to putting its media money where its media mouth is, it takes just three sentences to let the reader know where GE’s sympathies lie . . . . a) GE’s Spanish-language speaking Telemundo went out of its way to ensure Obama’s election and deliver him 69% of the Latino vote in 2008. b) emboldened by Telemundo Group’s propaganda potential, the owner of Telemundo and various media interests in Latin America and Puerto Rico, and Obama and the Democrats surprised Americans and actually sought to bring into law Puerto Rican statehood this April (even though Puerto Ricans themselves have consistently voted against the idea over the last 60 years) for the purpose of giving Obama a much needed two extra senators and five extra representatives in Congress c) GE owns NBC and NBC Universal and MSNBC the cable news channel which has been infamously kissing Obama’s butt-crack for the last three years even more than the rest of the NBC "journalists" do.

3. GE appears to have the inside track for receiving boons to corporations if and when Obama passes his promised legislation “creating five million new green-tech jobs” (Rajjpuut's readers remember that in the Spanish green-experiment taking that country from 3% unemployment in 1997, to 21% unemployement today . . . 22 permenant real jobs in the real economy were lost for every permanent green job because 2.2 real jobs were lost for every single $677,000 subsidized green job created and only one in ten of these green jobs eventually proved permanent).

4. GE is even tied into CCX (the originally Obama-directed Chicago Climate eXchange) which will prosper wildly when Obama's and the progressive** Dems ill-advised cap and trade bill becomes law.

So then, the semi-confused reader asks, ". . . these two reporters for Financial Times Limited got the story wrong?"

No and yes, they reported what Immelt said, exactly what he said. The problem is that if you report on a corporate lamb in corporate wolf’s clothing like Immelt and GE (when they can afford to dress so in foreign lands), it just helps to know the big picture and get that big picture across or the full truth will be lost in the shuffle. Mr. Immelt was trying to impress big European bankers as well as her corporate CEOs, top execs and other bigwigs “at a private gathering in Rome” that he was a realist and a capitalist and well on top of the global situation (where China is using semi-capitalism on top of unveiled ruthless communist techniques tied into spying, piracy and unfair trade practices to eat the rest of the world’s lunch, profitwise). Mr. Immelt presumably didn’t even bother to ponder that via the internet his “unkind” remarks would get back to American audiences.

Accordingly, GE has issued a no-denial denial^^ saying that Mr. Immelt’s words “were misinterpreted, taken out of context and reported inaccurately.” Horse sh_t! GE-sundheit! (Rajjpuut hates sneezing while blogging).

GE, you see, still needs to sell products to China. GE, you see, still needs to be allowed close enough to Barack Obama to run their corporate tongue over Barack’s backsi__ so the great man will continue to favor them . . . you get the idea . . . . hence the non-denial denial by the GE board of directors. Always a bad idea to let a little truth slip, Mr. Immelt.

Yes, China is a ruthless mafia-like entity that may someday soon dominate the entire world’s economy and yes, Barack Obama as you’ve stated, Mr. Immelt, “does not like business and most business (other than GE) does not like him.” Jeff, baby, you even went so far as to praise German Chancellor Angela Merkel for her defense of German industry and commitment to spending cuts and tax cuts (while Obama encouraged all of Europe and the G-20 to continue with the stimulus-stimulus-and-more stimulus spending ideas he’s so in love with) . . . but that doesn’t make you a good guy, Mr. Immelt, quite the contrary. It makes you an unimaginable phony and very, very dangerous to freedom lovers and American patriots.

You and the GE board of directors have taken a mighty and once great American corporation and sold out the principles of capitalism and integrity and corrupted her just as ex-British Petroleum CEO Tony Hayward and BP’s board did. BP, by becoming Obama’s biggest oil-company campaign contributor, got in bed with the devil too. Not surprisingly, BP, much like GE owns 7.59% of Intercontinental Exchange, Inc. a London-based company that owns Mr. Obama’s Chicago Climate eXchange . . . not surprisingly both GE and BP will presumably make more money if cap and trade legislation passes, (for doing nothing but collecting your share of the carbon-trade commissions) than they now do by drilling for oil. And not surprisingly, you two who have sold out the magnificent principles of integrity and capitalism will gain your largesse by raping the American taxpayer, and . . . all the while America waits in vain for its John Galt.

Ya’ll live long, strong and ornery,

Rajjpuut

^^ Mr. Immelt can thus avoid losing face in front of his European contacts

** Unfortunately, while 95% of Americans think they know what a progressive is, only about 10% do know. A progressive is an ultra-leftist who wants to "progress" beyond the limitations of the "outdated" U.S. Constitution just as Barack Obama does. However, Barack Obama is telling the truth when he says, "I am not a socialist, I'm not," because technically a "socialist" who's interested in 100% taxes and 100% take over of the means of production is a communist, which he is, which is how he was raised. Of course, his first autobiography (ghostwrit by Bill Ayers the Weather Underground '60's bombplanter) "Dreams from my Father" has not been vetted by the media . . . most Americans have never heard of this book, nor has his whole background nor that of those closest to him ever been vetted. Barack is a saint and stories that put him in lesser light or stories contrary to his agenda (like the Climate Gate one linked above) canNOT be aired or printed by the mainstream media.

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Rajjpuut's Folly: Obama Exhibits Cockeyed Pessimism, Criminal-Insanity?

Posted by Bob VanDeHey on June 4, 2010 at 1:30pm

It’s never a good sign when the leader of the free world seemingly starts substituting crack-cocaine for his two and a half-pack a day cigarette habit. Too harsh a judgment? Listen up, then judge for yourself.

Item One: As you know, President Obama and his administration have lately bad-mouthed the recently created Arizona immigration law in a cynical attempt to activate the Democratic Party base for this November’s mid-term elections. Well, now the stakes have been raised by the president who seems intent upon showing the world how little he respects the opinion of the common American citizens and common-sense itself. Mr. Obama has turned the White House legal-beagles upon Arizona again. This time the target is Arizona’s anti-illegal alien employer sanctions. Mr. Obama again says Arizona is acting beyond its jurisdiction, illegal immigration in every aspect is 100% a federal responsibility, and ONLY a federal responsibility, according to him and he says his White House attorneys will issue a legal challenge to Arizona. What’s wrong with all that?

Item A: The federal law concerning employers of illegals does say that states CAN control the licensing of such companies. In fact, the applicable law from 1986 forbids the federal government from doing anything at all to employers and puts all possibility of dealing with these companies under state control.

Item B: The Arizona anti-alien employer laws in Arizona are 100% in line with federal laws. To wit: for any firm found guilty of KNOWINGLY hiring undocumented workers a violation in Arizona would result in suspension of the business’s privilege of operating for an unspecified time possibly as little as ten days. A second violation of this law by an employer within three years of the first violation would forbid the company from doing business in Arizona.

Item C: Most surprisingly, the Arizona law has already been challenged and upheld by the single most liberal court in the country. In effect Mr. Obama is calling the Federal Court in San Francisco’s 9th District “too conservative.” Wow!

Item D: Ex- Arizona Governor Napolitano now, the Obama Homeland Security Secretary, was behind the passage of this law which Obama is now calling illegal and ill-advised.

Item Two: Mr. Obama (who himself refuses to respect the Pledge of Allegiance and stand at attention with his hand over his heart during its recital or to recite it himself) and his enthusiastic and violently active followers are sneakily trying to change the wording of the pledge in American minds.

You’ll recall the words in question are “one nation, under God with liberty and justice for all.” Leaving their attack on the word “God” out of things for now . . . the word popping up everywhere that socialists march in the street is “FAIRNESS” and the mantra that is heard in every such demonstration is “fairness and justice.” Apparently Stanley Ann Dunham, Obama’s mother** never told baby Barack that “life isn’t fair.” Rajjpuut would add that inflicting one-person’s or one group’s idea of fairness upon the rest of the people by forced equality, for one example re-distribution of wealth as a policy, is the ultimate threat to LIBERTY. Fairness and equality are the key words in communist and socialist dogma. Only one type of fairness and one type of equality matter: equal justice before the law and due process.

Item Three: Your ears are not deceiving you. President Obama is now choosing to use the oil spill for politics, of course. As part of his renewed attack on the oil industry, he’s talking about stopping or suspending all offshore oil drilling. That will really help the gulf jobs situation, won’t it? More importantly, he’s started heating up for his evil^^ cap and tax bill all over again; and praising Spain and its green-industry and talking about “weaning ourselves of oil-dependence.” Unmentioned by Mr. Obama is that Spain, once the economic poster child for the European Union, had a vibrant economy with only 3% unemployment a few years back. Then Spain instituted a green jobs program and now has 21% unemployment. Each green job cost $677,000. Each green jobs cost taxes that eliminated 2.2 jobs in the real free market economy. The average green job lasted less than six months and only 10% of green jobs proved permanent with an average salary of $13-$14 per hour. So, if Mr. Obama creates the five million green jobs he’s boasting about . . . expect a loss of eleven million real jobs. Expect the average 90% of the green jobs to be temporary only and only 500,000 permanent green jobs to be created . . . in short, expect the ultimate financial Armageddon.

Ya’ll live long, strong and ornery,

Rajjpuut

** How come Americans were NOT told by mainstream media fully investigating his background that Barack Obama was raised in a communist household, by a communist mother and grandfather and his birth-father (subject of Obama’s first autobiography “Dreams from My Father”) was extolling the virtues of 100% taxation and “scientific socialism” a.k.a. communism in Kenya when his son was three years old (http://www.politico.com/static/PPM41_eastafrica.html) and about his Marxist associates?

^^Cap and trade will turn a $15 TRillion economy into a $25 TRillion economy without one new manufactured good or without one new service provided. How? by raising costs 67% for virtually every single item or service in the country. That extra $10 TRillion is aimed right at progressive pockets. Mr. Gore, Mr. Obama, Richard Sandor, Franklin Raines, Joel Rogers, Goldman Sachs, and a good 10-12 progressive foundations and at least a score of other progressive politicians will all be monstrously enriched if and when cap and trade legislation becomes law and their Chicago Climate Exchange becomes obscenely profitable. And, of course, it’s all based upon saying that the carbon dioxide we exhale is dangerous to the planet . . . a proven LIE, as reported by the London Times when they exposed the Climate-Gate data falsification.

http://www.timesonline.co.uk/tol/news/environment/article6936289.ece

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Rajjpuut's Folly: Greecey Debt Sends Europe Sliding a Super Slippery Slope

Posted by Bob VanDeHey on May 6, 2010 at 3:12am

Obama-watchers here in the United States tell anyone who’ll listen that to understand our future, one has but to look at the shenanigans in Greece. Recently world stock markets include the ones here in the good ol’ U.S.A. tanked in response to the European Union/International Monetary Fund $150 Billion bailout of Greece. The three major fears concerning financial analysts are that either 1. the loan will NOT prove enough to cover Greece’s needs either for borrowing or the upward spiraling of debt or 2. the German parliament will not approve the bailout (voting is Friday May 6, in Germany) or 3. a combination of both scenarios. Just two and a half years ago Greece had a debt to gross domestic product ratio of roughly 55%, comparable to what the U.S. faced when President Obama took office (50%), but today Greece’s D/GDP ratio is at 102% and not only is the country facing financial ruin but there is literally “blood in the streets” as the all-powerful Greek labor unions are rioting in opposition to the belt-tightening being negotiated by the Greek government in order to receive the EU loans.

While Rajjpuut is NOT a fan of big and politically powerful labor unions, in the union’s favor it must be stated that the government of Greece has been guilty of outright lying and manipulating debt with “funny” statistics for about a decade now and the news that came out when the truth finally was released was more than shocking, it was abysmal. Oh, and for you Obama-watchers here, the D/GDP ratio in the United States has now risen to 76%.

To put things in perspective, and thus realize just how badly off the economies of Greece (also Spain, Italy, Ireland and Portugal) and the United States are, consider that the next worst of the European countries (England) had a ratio of only 11% w hen the following memorable speech linked immediately below was made to the EU by Daniel Hannan criticizing the actions of Prime Minister Gordon Brown a year ago. England’s ratio now is roughly 14% . . . .

https://www.youtube.com/watch?v=94lW6Y4tBXs

Many believe that Greece’s “contagion” will spread quickly to the other “PIGIES” (the next five weakest countries in Europe mentioned earlier, Greece is the "G") with one-time European financial bulwark Spain possibly the next to go. Spain about seven years ago had the strongest fiscal situation of any European power. Then they decided upon a critical experiment (one that Obama wants to work over here) and aimed to become the world’s #1 power in green technology. Spain’s 3% unemployment has spiraled all out of control and is now at 20%, second only to Greece’s problems. In the Spanish experience every green-tech job created cost $677,000 in government subsidies and killed 2.2 jobs in the real market place because of government spending and taxation. Most Spanish green jobs lasted from six weeks to nine months and only 1/10 of them proved permanent. In the United States that would translate to Obama’s promised “five million new green jobs” costing the loss of eleven more real economy jobs to subsidize them; and then with only 500,000 of those jobs proving permanent and a 22/1 ratio of lost real jobs to permanent green tech jobs. Additionally the typical green job pays $10-$14 per hour which is a huge letdown to most Americans’ way of thinking about new technologies.

The violence created in the streets by the Greek labor unions cost three bank employees their lives two days ago. The unions say they’ll refuse to make any financial concessions. Their intransigence might worsen the Greek debt situation or repel the other EU countries completely. As for Germany’s hesitation, the Germans suffered one of the two greatest inflations in European history (during the Weimar Republic after WWI, which eventually spawned Adolph Hitler and the Nazis) and the country is loathe to get involved with the fiscally irresponsible Greek government at risk of inflation to their own country. However, German Prime Minister Merkel has made it plain in her speeches that the “survival of the European Union is at stake.” Once again the European experience may prove to be a harbinger of things to come for the USA, because Fed Chairman Ben Bernanke has inflated our money by 1500% so that now there is 1600% more money in circulation in the country and today’s 2010 dollar is now potentially worth only about 6.3 cents compared to the 2008 buck. Of course in this country we're talking about fifty individual states in financial disarry not twenty-four separate countries.

Worse news for Greece, the violence and fiscal unrest don’t look like they’ll be ending anytime soon. If that ugly scenario keeps repeating the EU may not loan the money and Germany's refusal also could be in the cards. And the possibility of a worldwide depression is always on investors’ minds. Additionally, with the latest round of worries that the Greek debt contagion will spread to Spain and elsewhere in Europe. The looming specter of massive debt default and deflation is heavy in the air for investors worldwide and fear dominates the markets. All this and unending days of national strike are NOT painting an encouraging scene.

Ya’ll live long, strong and ornery.

Rajjpuut

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