Skip to comments.Highway bill is worth billions to companies owned by Soros, Pickens, Douglas
Posted on 03/13/2012 12:15:17 PM PDT by Eva
George Soros, T. Boone Pickens, Kevin G. Douglas and companies under their control stand to reap the rewards of billions of taxpayer dollars in subsidies contained in a Democratic-sponsored measure set for a vote this week.
..The act would subsidize three different enterprises controlled by Soros, Pickens and Douglas, who consistently rank among the most generous political donors, according to Federal Election Commission Records.
Moreover, HUMAN EVENTS has learned that one of these companies, Fuel Systems Solutions based in Santa Ana, Calif., has and continues to conduct business, through its foreign subsidiaries, with customers in Iran, according to the companys U.S. Securities and Exchange Commission filings. The company acknowledges in those filings that tougher international economic sanctions levied in light of that nations civilian nuclear program may adversely affect its Iranian-based revenues in 2012, as such measures have in the past.
(Excerpt) Read more at humanevents.com ...
This is important on so many levels, but partially because the Democrats claim to have bi-partisan support. Please call or notify your local Republican Senators and tell them to vote NO on this Democrat crony highway bill. This is pure pork, fascist pork, at that.
What colossal chutzpah... i.e. business as usual
Obama is pushing this like another stimulus bill. This time Obama is breaking down all the pork into separate bills.
This morning, I read, here on FreeRepublic that Big Sis announced a new FEMA preparedness program which sounds a lot like a job corps or possibly Obama’s civilian militia.
This is all aimed at artificially lowering the unemployment rate for Obama’s re-election.
This highway bill is far worse than the old quid pro quo, this pure fascism.
The body politic ought to be able to put two and two together by now. Doctored unemployment reports plus pork equals a big expensive sham.
Boner has proved to the world that he is nothing but a fraud. Hope the people of Ohio show him the door, first chance they get.
The body politic ought to be able to put two and two together by now.
They didn’t do it in 2008. I sure hope they have learned by now.
I just say, Thank you Lord!!!!!!
Actually, I’m cool with the Natural Gas plan. We have a BOATLOAD of it in this country, and, living in Texas, that means we can be essentially independent of energy from what remains of the United States. In fact, I would buy a CNG car tomorrow if I had a way of filling it up at my house. Right now, I’d have to drive a fair distance to one of the 3 filling stations in Houston...and, since the cars only go around 200 to 250 miles, it simply is not practical. However, in a post-crash world, having vehicles that run on something besides gasoline can only be good.
You can say that again. I’ll say it for you, “Thank the Lord!”
I’ve been reading for weeks about this bill having bi-partisan support and I fully expected our Republicans to sell us out on this one.
Each one of these bills is going to add to the deficit, which is going to explode in a debt bomb in eight years. I was reading yesterday in the WSJ that Obama and Bernanke have arranged the equivalent of a balloon mortgage for the national debt, with a rate increase in five years and balloon payment in 8.
In the mean time Obama wants to take out a second and third mortgages to make sure that the bomb explodes on his predecessor.
??? There’s a 404 error at that link. Weird.
Is this the same highway bill that Boehner got the Republicans to sign by adding on the Keystone pipeline that the Senate Democrats removed?
Thanks for the update.
I’m not opposed to promoting the use of natural gas. I am opposed to government subsidies and crony capitalism.
George Soros does not need government subsidies for his investments. He is quite capable of securing his own financing.
Natural gas is the fuel of the future and petroleum is the fuel of the here and now. Petroleum can get us out of debt. It has the potential rebalance our trade deficit, if the next president opens up the drilling.
LNG needs to be used more in this country, also. They are building an enormous LNG port in Asia, off the coast of Australia, that China is investing in. China has a better energy policy than the US, sad to say.
“Im not opposed to promoting the use of natural gas. I am opposed to government subsidies and crony capitalism.”
It’s hard to argue that. I just want to see CNG become an option for me.
I don't know where I was but I didn't hear anything about this until now. Do you know the bill so we can call and thank those Repubs who voted against it. Soros needs America to collapse so that the free world falls like dominoes. But, this administration is so corrupt and ruthless it is hard to keep ahead of it. I'd give my eye teeth to know who's on obama's speed dial.
It is an option. They have been using natural gas in cars for thirty years. During the Carter administration, most of the cabs in Los Angeles were all powered by natural gas. It’s not rocket science and it’s not new. It takes up a lot of trunk space, though.
The nearest that I can figure this is S.1813, the Surface Transportation bill. They have been discussing amendments to it for weeks.
It is basically an extension of a bill proposed by Jay Rockefeller, which essentially set up a slush fund for state highway projects that the states could tap into without getting individual approval for funding, thus avoiding the accusation of pork barrel politics.
The Republicans in the house tacked on the Keystone pipeline and passed it back to the Senate, where they had the option of voting on it or changing and amending it again. So, they tacked on their own version of energy aiding legislation, while killing the Keystone amendment. The upshot is that the Republicans wisely killed the whole bill.
There is no money in the budget for a highway slush fund.
Lord what cretins we have in government. It both disgusts and disturbs me that so much goes on that the American public knows nothing about. And, it is not anything good for the country, it is only good for that particular politician and their future in government. Makes me sick and we really have to clean Pelosi’s swamp soon.
“It is an option. They have been using natural gas in cars for thirty years. During the Carter administration, most of the cabs in Los Angeles were all powered by natural gas. Its not rocket science and its not new. It takes up a lot of trunk space, though.”
Agree. But relative to all the crap in hybrids, CNG is pretty darn nice. I maintain my cars, but if an inverter (for example) dies, I’m stuck with a multi-thousand dollar new part...and then something else likewise might die.
There was a companion bill to Rockefeller’s bill, Patty Murray’s S. 942, which would pay for rail/port projects around the country, projects known as Gateways. S.942 is the Transportation and highway re-investment and grant act.
What this bill would do is pay for all the permits, environmental studies, extra land, and even interest on start up money for multi-modal transportation projects (trains) and all the mitigation. The bill was specifically written to fund a coal terminal in WA State that is owned by a Goldman Sachs owned company, SSA, for whom Patty Murray’s husband works. The coal, owned by Peabody Coal, would be carried by Warren Buffet’s trains. A large portion of the funding would go to Warren Buffet’s BNSF.
The Rockefeller bill was kind of a back up to this one. As you can see the bill didn’t really create any jobs, and only paid for the preliminary portions of the projects, which would create government jobs.
Thanks, but none of that works, as long as I have to drive 30 miles (or so) to get fuel, and I cannot tap into my own house feed.
When progress is made there, I’m next to buy-in to CNG.
Patty Murray. Sea. Patty hubby. Goldman Sachs.
no ethics violations here. nope nothing to see here. /$
Oh, the Patty Murray ethics violations are old news. It’s a way of doing business for Democrat party. Didn’t you ever wonder how a nursery school teacher got herself elected to the Senate?
Not only is SSA,the company, which employs Muuay’s husband, owned by Goldman Sachs, SSA is staffed by the ILWU, the notorius longshoremen’s union, which has been in the news for violence, both at ports in WA State and at the OWS protests in Oakland, CA.
Like the Transportation bill that was voted on on the Senate, many Republicans in WA are supporting the Democrat crony capitalist project in WA State,and along with it, the ILWU.