Keyword: cronyism

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  • LA County Assessor Criminal Probe; Prop Taxes Reduced for Campaign Contributor

    02/13/2012 9:46:55 AM PST · by joinedafterattack · 7 replies · 1+ views ^ | 2-11-12 | Gwilym McGrew
    Reporter Randy Economy reveals the existence of criminal allegations against LA County Assessor John Noguez to reduce the commercial property taxes of clients of longtime campaign contributor Encino businessman Ramin Salari. Assessor Noguez, who lacks a college degree, was elected in 2010 to manage the $1 Trillion LA Assessors office with strong political backing and support of Los Angeles Mayor Antonio Villaraigosa and California Assembly member Gil Cedillo. Villaraigosa and Cedillo supported Noguez even when confronted with facts about Noguez connections to one of the City of Bell’s indicted officials, ex Bell Councilman George Cole and other felons Noguez associates...
  • 16 Members of Congress Funneled Millions to Their Relatives' Employers

    02/13/2012 6:48:12 AM PST · by redstateone · 8 replies ^ | February 13, 2012 | Wynton Hall
    In his New York Times bestselling book, Throw Them All Out, Breitbart editor Peter Schweizer revealed how members of Congress enrich themselves and their relatives using earmarks and insider information. Now, the Washington Post, following in Schweizer’s footsteps, has conducted a study that found 16 members of Congress have used their power of the purse to benefit companies, colleges, and community groups tied to their relatives...
  • Insight: Top Justice officials connected to mortgage banks (More DC "Incestuous" Relations)

    01/20/2012 7:48:52 AM PST · by C19fan · 2 replies
    Reuters ^ | January 20, 2012 | Scot J. Paltrow
    .S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department's criminal division, were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows. The firm, Covington & Burling, is one of Washington's biggest white shoe law firms. Law professors and other federal ethics experts said that federal conflict of interest rules required Holder and Breuer to recuse themselves from any Justice Department decisions relating to law firm clients they personally had done work for.
  • Billionaire Buffett's Bakken Boom (Obama's crony benifits richly the nixing of Keystone pipeline)

    01/18/2012 2:20:00 PM PST · by Bigtigermike · 15 replies
    Investors Business Daily ^ | Wednesday January 17, 2012
    Energy Policy: Killing the Keystone XL pipeline may help one of the world's richest men get richer. North Dakota's booming oil fields will now grow more dependent on a railroad the president's economic guru just bought. [....] Interestingly, another billionaire, Obama economic inspiration Warren Buffett, stands to benefit from the Keystone XL pipeline delay. As oil production ramps up in the Bakken fields of North Dakota, plans to use the pipeline to transport it have been dashed. As a result, North Dakota's booming oil producers will have to rely even more on the Burlington Northern Santa Fe (BNSF) railroad, which...
  • Vermont's Three Members of Congress Give Staffers $236,830 in Taxpayer-Funded Bonuses

    01/16/2012 2:55:29 PM PST · by redstateone · 4 replies ^ | January 16, 2012 | Wynton Hall
    With only one congressman and two senators, Vermont’s congressional delegation may be small. But that isn’t stopping Sen. Bernie Sanders (I-VT), Sen. Patrick Leahy (D-VT), and Rep. Peter Welch (D-VT) from doling out big dollars–$236,830, to be exact–to members of their staffs...
  • Wall Street's Washington Infiltration Continues with New Chief of Staff Jacob Lew

    01/11/2012 6:28:22 PM PST · by Razzz42 · 3 replies · 2+ views ^ | January 11, 2012 | By Kerri Shanno
    U.S. President Barack Obama is keeping a trend alive with new White House Chief of Staff Jacob Lew. You see, Lew has something in common with his predecessors: He spent years raking in millions on Wall Street. Like William M. Daley, who on Monday resigned from his post as chief of staff, and Rahm Emanuel, who vacated the position in 2009 to successfully run for mayor of Chicago, Lew has strong ties to the financial sector. Until 2009 he was the chief operating officer of Citigroup Alternative Investments, which made money betting against the housing market with controversial credit default...
  • Perry trying to make a comeback in Iowa

    12/31/2011 1:55:13 PM PST · by Cincinatus' Wife · 36 replies
    Los Angeles Times ^ | December 31, 2011 | James Oliphant
    ........There remains no one in the GOP field quite like Perry, a plain-speaking governor from a sprawling, Southwestern state who, when he says he's never been a creature of Washington, is telling it straight. With the debates behind him, he's been able to play to his strengths, his record as an 11-year governor, his anti-government attitude, and his capacity to bond with voters through allusions to faith, farm work and military service. But there's no doubt he has altered his approach. Gone are the days when he tried to stand toe-to-toe with front-runner Mitt Romney and boast about his job-creation...
  • TRENDING: Perry bets Iowa fortunes on robust ground game

    12/31/2011 1:31:00 PM PST · by smoothsailing · 38 replies
    CNN ^ | 12-31-2011 | Peter Hamby
    December 31, 2011TRENDING: Perry bets Iowa fortunes on robust ground game CNN Political Reporter Peter Hamby Boone, Iowa (CNN)...with public and internal polling from various campaigns showing the fight for third place to be a fluid one between Rick Santorum, Newt Gingrich and Perry, a robust organization can mean the difference between a ticket home and a ticket to New Hampshire. There are 1,774 Republican caucus precincts around the state, 900 of which are combined and held at the same location. As of Friday, the Texas governor had signed up 1,500 precinct leaders in Iowa, a source inside the Perry...
  • New Rick Perry Ad: A Fiscal Conservative

    12/30/2011 8:04:30 PM PST · by smoothsailing · 37 replies
    The Right Scoop ^ | 12-30-2011 | The Right Scoop
    New Rick Perry Ad: A Fiscal Conservative The Right Scoop December 30, 2011 Rick Perry is just pumping out the ads and this one is excellent. In fact, I’d love to know what the music reminds you of, if anything, around the point where they focus on the handshake:
  • Can Perry's recent crowds translate into votes?

    12/30/2011 2:10:24 PM PST · by Quicksilver · 41 replies · 1+ views
    CBS News ^ | December 30, 2011 | Rebecca Kaplan
    WATERLOO, Iowa -- Rick Perry's events have taken a turn for the crowded. He'll arrive, typically, to find that a coffee shop built to accommodate 75 people is crammed with up to twice that many, spilling out the door and jammed into every available corner. The crowds are excited, too. They'll murmur "mmm-hmms" and exclaim "yeahs!" as he winds through his stump speech, breaking into loud applause when he calls for a balanced budget amendment, a part-time Congress and the end of Obamacare. Despite the excitement and enthusiasm, though, the Texas governor remains very firmly stuck in the middle of...
  • Gov. Perry Encourages Home School Families [Address to Texas Home School Association]

    12/30/2011 1:14:36 AM PST · by Cincinatus' Wife · 25 replies
    Office of the Governor of Texas ^ | April 7, 2009 | Rick Perry
    April 07, 2009 • Speech to Texas Home School Association Thank you, Tim [Lambert, President, Texas Home School Coalition], for those kind words, and thank you for all you do to equip, inform and defend home school families in our states. It is an honor to be here with some of our state’s most gifted students and most committed teachers: the members of the Texas Home School Coalition. My parents didn’t home school me, but the size of our rural community made it seem that they were practically in the classroom with me, given the way that news of my...
  • Perry's Latest Target: Santorum

    12/29/2011 12:36:29 PM PST · by TitansAFC · 22 replies
    U.S. News ^ | 12-29-2011 | Alex M. Parker
    Texas Gov. Rick Perry is taking aim at Rick Santorum in a tongue-in-cheek new radio ad which blasts the former Pennsylvania senator for supporting earmarks during his years in Congress. The spot highlights how Santorum—a nonfactor in the race as recently as a few weeks ago—has become a fat target for fellow candidates. [See the latest political cartoons.] The ad accuses Santorum of trying to get more than $1 billion in earmarks over his years in Congress, and for voting for the so-called "Bridge to Nowhere," the 2005 proposed bridge in Alaska which became a symbol of wasteful government projects....
  • Gov. Rick Perry on the Attack in Iowa

    12/29/2011 7:59:48 AM PST · by smoothsailing · 22 replies
    Fox News-On the Record ^ | 12-29-2011 | KIMBERLY GUILFOYLE
    ON THE RECORD-December 28, 2011Gov. Rick Perry on the Attack in Iowa Kimberly Guilfoyle This is a rush transcript. KIMBERLY GUILFOYLE, HOST: What are your plans for Iowa, and how do you expect to do? GOV. RICK PERRY: Well, it's a sprint, that's for sure. We're moving across a lot of Iowa and hitting a lot of not just small towns but medium-sized towns... And the crowds have been fantastic. I mean, we've hit coffee shops that -- 200 to 300 people and flowing out into the streets and a lot of excitement..... So we're going to keep running and...
  • Why Perry May Exceed Expectations

    12/26/2011 2:53:21 PM PST · by CaroleL · 25 replies ^ | 12/26/11 | CaroleL
    With one week left before the Iowa caucuses, Texas Governor Rick Perry is touting his outsider status in a new ad that highlights his opponents' combined 63 years of congressional experience. As the narrator says, "If Washington's the problem, why trust a congressman to fix it?" Prominently featuring fellow GOP contenders Michele Bachmann, Newt Gingrich, Ron Paul and Rick Santorum; the ad reminds voters that federal legislators are responsible for the earmarks and deficit spending that have led to our unsustainable national debt and that the nation needs a leader who will provide real solutions.
  • Rick Perry's Taxpayer-Funded Security Costs Rise

    12/26/2011 3:12:53 PM PST · by trumandogz · 21 replies
    Texas Tribune ^ | 12.25.11 | Jay Root
    Gov. Rick Perry was near the height of his popularity when he barnstormed California in September to raise money for his presidential bid and to participate in his first nationally televised debate. His state-provided security guards were flying pretty high, too, spending more than $32,000 in taxpayer money for travel and lodging in San Francisco, $4,400 to dine near the Ronald Reagan Library and Museum in Simi Valley, and another $6,400 for plane tickets to San Diego, records show.
  • I Will Vote for Governor Rick Perry in SC.

    12/19/2011 6:26:23 AM PST · by Cincinatus' Wife · 26 replies
    Red State ^ | December 15, 2011 | coachfess
    I have strolled down many roads this primary season. I have been intrigued by many of the candidates, some of who have had their rise and fall. They all have excellent attributes in one way or another that can attract a conservative voter. Even the former speaker who reminds me of the old “E.F. Hutton” commercials brought me on board for awhile despite his couching liaisons. However, the road I currently find myself on once again is the road with Governor Perry. I know that I am solidly on this road now. I know this because this is the first...
  • Obama's Cronyism Compromises National Security

    12/16/2011 4:00:41 AM PST · by ashukla · 6 replies
    Powerline Blog ^ | December 14, 2011 | John Hinderaker
    <p>Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for Navy aircraft — the biggest federal purchase of biofuel ever.</p> <p>A look at the lucky seller of this environmentalist version of the proverbial $600 Pentagon toilet seat indicates that the move is not just wasteful, but ethically suspect.</p>
  • Perry: ‘The Obama experiment failed’

    12/18/2011 2:16:30 AM PST · by Cincinatus' Wife · 64 replies
    Globe-Gazette ^ | December 17, 2011 | John Skipper
    MASON CITY — Calling the Obama presidency “an experiment that failed,” Texas Gov. Rick Perry pledged Saturday night to bring government spending under control and reduce the role of the federal government in people’s lives. “Are you better off today than you were $4 trillion ago?” he asked a crowd of about 100 at a town hall meeting at The Music Man Square. He said most of the problems the country faces stem from out-of-control government spending, too many taxes and too much regulation of business. Perry said American jobs are not going overseas because of cheap labor abroad, as...
  • Perry drawing state retirement plus salary

    12/17/2011 3:42:46 PM PST · by JimWayne · 75 replies
    Fort Worth Star Telegram ^ | Dec. 16, 2011 | Maria Recio
    Gov. Rick Perry is double-dipping, drawing retirement income from the state in addition to his salary as governor since late January, newly released records show. Perry's move to begin drawing from his pension early this year while remaining governor, which his staff says is legal and consistent with state retirement rules, was unknown to the public until federal financial disclosures were made public on Friday. ... Combined, his net pay from the state is now more than $225,000 annually.
  • Video: Gov. Palin's Dec. 7, 2011 Eric Bolling "Follow the Money" interview

    12/08/2011 12:54:50 PM PST · by onyx · 29 replies
    CLICK THE PICTURE Sarah Palin lets loose in this interview. Calls herself an Independent, too. :)
  • Frito-Lay/PepsiCo Cashes in On Electric Truck Subsidies

    12/08/2011 11:22:56 AM PST · by jazusamo · 10 replies
    National Legal & Policy Center ^ | Devember 8, 2011 | Paul Chesser
    Last week Frito-Lay, the $12 billion snack foods division of PepsiCo, boasted it would add 10 all-electric delivery trucks in Orlando, Fla. , as part of its plan to deploy 176 such vehicles in the U.S. and Canada by the end of year. As is custom with corporate announcements that proclaim their eco-accomplishments, so as to pacify persistent climate alarmists , Frito-Lay said the vehicles would emit “zero” pollutants from tailpipes and release 75 percent fewer greenhouse gases than diesel. The ETs (electric trucks) can allegedly run 100 miles on a single charge, and Frito-Lay says the groundbreaking new...
  • Capitalism Isn't Corporatism or Cronyism (Understanding the meaning of words)

    12/08/2011 6:59:40 AM PST · by SeekAndFind · 5 replies · 1+ views
    Forbes ^ | 12/08/2011 | Richard Salsman
    Capitalism is the greatest socio-economic system in human history, because it’s so moral and so productive – the two features so essential to human survival and flourishing. It’s moral because it enshrines and fosters rationality and self-interest – “enlightened greed,” if you will – the two key virtues we all must consciously adopt and practice if we’re to pursue and attain life and love, health and wealth, adventure and inspiration. It produces not only material-economic abundance but the aesthetic values seen in the arts and entertainment. But what is capitalism, exactly? How do we know it when we see it...
  • The Cancer Cronyism

    12/04/2011 4:01:21 AM PST · by Evergolightly · 10 replies
    Accuracy In Media ^ | 30 November 2011 | Rusty Weiss
    “Not very much.” This was the answer that the Department of Energy Secretary, Steven Chu, recently provided when asked of the amount the federal government will be able to recover from the Solyndra bankruptcy. “Not very much.” The same could be said for the amount of research that the federal government has put into other companies involved in the Solyndra scandal. One such company, CH2M HILL, should be next on the House GOP radar, having used nearly $10 million in stimulus funding to design the elaborate Solyndra facility in Fremont, California. While CH2M HILL is in no danger of suffering...
  • Perry Focusing On The Issues

    12/01/2011 10:15:27 AM PST · by CaroleL · 1 replies ^ | 12/01/11 | CaroleL
    While Ron Paul attacks Newt Gingrich for being a flip-flopper, Newt Gingrich attacks Mitt Romney for his too-liberal record and Mitt Romney attacks Fox News for being "overly aggressive," one GOP presidential contender is focused on the issues that matter. In a new ad, Texas Governor Rick Perry compares President Barack Obama's rhetoric on energy to that of former President Jimmy Carter showing that little has changed in over 30 years.
  • Rick Perry: Proven Leadership

    11/29/2011 6:02:49 PM PST · by Outlaw Woman · 42 replies
    "In spite of all the Naysayers who were predicting failure, our economy is growing again; no more manufactured crisis' no more games, we are headed in the right direction." "I love these folks who say well this is Obama's economy; that's fine, "give it to me...!" President Barack Hussein Obama
  • Perry says will deport all detained illegal immigrants

    11/29/2011 1:19:39 PM PST · by Cincinatus' Wife · 92 replies
    Reuters ^ | November 29, 2011 | Jason McLure
    ..The Texas governor has faced criticism from Republican rivals like Mitt Romney for being "soft" on illegal immigrants, because those who live in Texas can attend state universities at the same cost as other Texas residents. Perry, who made the remarks while campaigning in New Hampshire with a controversial Arizona sheriff, said that if elected he would immediately order the deportation of any illegal immigrant detained in the United States. "My policy will be to detain and deport every illegal alien who is apprehended in this country," Perry said. "And we'll do it with an expedited hearing process so that...
  • Steven Chu - brainiac was clueless on Solyndra

    11/20/2011 11:51:38 AM PST · by SmithL · 11 replies
    San Francisco Chronicle ^ | 11/20/11 | Debra J. Saunders
    President Obama likes to brag that his energy secretary, Steven Chu, won a Nobel Prize in physics. You would think that means that Chu is a brainiac who makes shrewd decisions and is extremely aware of whatever is happening around him. But as his testimony before a House Energy and Commerce subcommittee on Thursday revealed, there's a world of information that escapes Chu's notice. The subcommittee is investigating Chu's decision to make Fremont solar power company Solyndra the first recipient of a federal energy program loan in September 2009. Two years and $528 million later, Solyndra filed for bankruptcy, and...
  • Perry: Obama policies have made border less safe

    11/18/2011 12:12:51 PM PST · by Cincinatus' Wife · 111 replies
    Boston Globe ^ | November 18, 2011 | Beth Fouhy
    NEW YORK—Republican presidential hopeful Rick Perry says President Barack Obama and his administration are responsible for policies that have endangered agents patrolling the U.S.-Mexico border. The Texas governor made his remarks while picking up an award from the Federal Law Enforcement Foundation. Perry said lack of funding and "bureaucratic bungling" in Washington have made the border less safe. He singled out one program in particular, Operation Fast and Furious. The arms-trafficking probe run by the Justice Department allowed AK-47s and other weapons to leak into the black market.
  • Obama’s Pals Received Billions from the Department of Energy Loan Program

    11/18/2011 7:04:57 AM PST · by Starman417 · 6 replies
    Flopping Aces ^ | 11-17-11 | Curt
    Anybody remember this? [VIDEO AT SITE] And as the lazy, whining, and confused OWS nimrods march we get this news. At least ten members of President Barack Obama’s 2008 campaign finance committee, plus more than a dozen of his campaign bundlers, benefited from sweetheart loans through the Department of Energy (DOE) that collectively dwarfed those given to Solyndra and Fisker. Around 80% of all the money loaned out by the Department of Energy's 1705 Loan Guarantee Program, over 16 BILLION dollars went to companies run by, or owned by, Obama cronies. Shocked? I think not. After living with Obama...
  • Capitol Cronyism: Obama-Backer Buffett Helped Shape Bailout Rules, Made Massive Profits from Them

    11/17/2011 3:56:38 PM PST · by opentalk · 14 replies
    Big Government ^ | November 15, 2011 | Wynton Hall
    In the wake of the $700 billion TARP bailout, Warren Buffett apparently shaped a plan to clean up toxic assets that Treasury Secretary Tim Geithner later adopted–resulting in massive profits for Buffett.That’s the latest bombshell revelation from investigative journalist and Breitbart editor Peter Schweizer’s sensational new book, Throw Them All Out. According to Schweizer, after the bailout bill’s passage, Warren Buffett sat down and wrote then-Treasury Secretary Henry Paulson a four-page private letter laying out a plan to clean up the toxic assets plaguing numerous financial institutions. Buffett proposed something he called a “public-private partnership fund.” For every $10 billion...
  • Chu says WH did not contact him on Solyndra loan (Chu lying through his teeth)

    11/17/2011 9:40:59 AM PST · by tobyhill · 16 replies · 1+ views
    Boston Globe ^ | 11/17/2011 | Matthew Daly/AP
    Energy Secretary Steven Chu said Thursday that no one from the White House ever contacted him to make a political decision on a half-billion-dollar loan to a California solar company that later went bankrupt. Testifying under oath on a widening controversy, Chu said he was unaware of his staff predictions in 2009 that Solyndra was likely to face severe cash-flow problems. He said that market changes which led to a steep decline in the price of solar panels were "totally unexpected." Solyndra went belly-up after getting the $528 million loan from the government, and Chu told the House Energy and...
  • Abramoff accuses Newt Gingrich of 'corruption.' Really.

    11/16/2011 8:44:22 PM PST · by Bigtigermike · 32 replies
    Polutico ^ | Wednesday November 16, 2011
    Jack Abramoff, the fedora-sporting former lobbyist whose name tends to be synonymous with a certain type of corruption scandal, accused Newt Gingrich of just that in an interview with David Gregory for the "Meet The Press" webshow "PRESS Pass." At about the 15-minute mark of the interview, Gregory asked Abramoff - who finished a jail stint over a year ago on influence-peddling charges and has been promoting his recently-published book - about the strategic counseling fee of over $1 million that was paid to Newt Gingrich by housing giant Freddie Mac. "What do you make of all that?" Gregory asked....
  • Perry to unveil plan to 'uproot' branches of government (now he remembers all of them)

    11/15/2011 7:38:06 AM PST · by SeekAndFind · 18 replies
    MSNBC ^ | 11/15/2011 | Carrie Dann
    BETTENDORF, Iowa -- Previewing an address he will deliver Tuesday morning in Eastern Iowa, Gov. Rick Perry on Monday night promised to "uproot" the three branches of government and institute wide-reaching reforms throughout the federal apparatus. "Tomorrow I'm going to unveil a plan to uproot all three branches of government and overhaul Washington," he said in an address to the Scott County GOP, adding that his plan will "touch each branch of government, because they each have contributed to the demise of America." Perry said his reform proposal will target "lifetime federal judges who arrogantly rewrite our laws from the...
  • Perry pledges to remake federal government (Detailed Proposal)

    11/15/2011 8:04:19 AM PST · by Cincinatus' Wife · 128 replies
    CBS News ^ | November 15, 2011 | Rebecca Kaplan
    BETTENDORF, Iowa - An early copy of Republican presidential candidate Rick Perry's government reform speech shared with the Des Moines Register shows the Texas governor is planning to propose widespread changes for the federal government, including term limits on federal judges and Supreme Court justices, a part-time Congress, and laws criminalizing insider trading. The governor first previewed the reforms in a speech Monday evening at an event by the Scott County Republican Party, where he said, "Washington doesn't need a new coat of paint, it needs a complete overhaul." Today, he will deliver the details of his plan in a...
  • Report: 80% of DOE Green Energy Loans Went to Obama Backers

    11/14/2011 10:46:41 AM PST · by tcrlaf · 28 replies
    The Scribe ^ | 11-14-11 | Lachlan Markay
    A new book by Hoover Institution fellow Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer, 4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.” Those companies’ “political largesse is probably the best investment they ever made in alternative energy,” Schweizer explains. “It brought them returns many times over.” Such is the inevitable consequence of large government interventions in private markets. Leaving aside the losses associated with transfers of funds from self-sustaining industries to ones...
  • Big banks binge on Bush-Obama venture socialism (Obama uses taxpayers $$ to cover the 1% He hates?)

    11/13/2011 9:40:48 PM PST · by Bigtigermike · 9 replies
    Washington Examiner ^ | Sunday November 13, 2011 | Timothy P. Carney
    Largely out of the media spotlight, the federal government operates a network of financial subsidy programs that benefit big banks by putting taxpayer money at risk. And President Obama, that self-styled populist scourge of Wall Street, is increasing this racket of private profit and public risk that Sen. Jim DeMint (R-S.C.) aptly dubbed "venture socialism." In its latest act of venture socialism, the Obama administration has offered a novel taxpayer backstop to General Electric, the multinational industrial conglomerate that is famously close to this administration, and that spends more on federal lobbying than any other company. [...] Here's how to...
  • Peter Schweizer's New Book Blasts Congressional Corruption (Elites plays by different set of rules)

    11/13/2011 9:17:35 PM PST · by Bigtigermike · 18 replies
    Newsweek ^ | Sunday November 13, 2011 | Peter Boyer
    While examining trades made around the time of the 2003 Medicare overhaul, Schweizer experienced what he calls his “Holy crap!” moment. The legislation, which created a new prescription-drug entitlement, promised to be a huge boon to the pharmaceutical industry—and to savvy investors in the Capitol. Among those with special insight on the issue was Massachusetts Sen. John Kerry, chairman of the health subcommittee of the Senate’s powerful Finance Committee. Kerry is one of the wealthiest members of the Senate and heavily invested in the stock market. As the final version of the drug program neared approval—one that didn’t include limits...
  • How Obama’s Alternative-Energy Programs Became Green Graft (by unscrupulous means)

    11/12/2011 9:16:00 PM PST · by Bigtigermike · 9 replies
    Victory chronicles ^ | Saturday November 12, 2011 | Peter Schweizer.
    Where did green-energy cash go? Straight to campaign donors. Read more about Peter Schwiezer’s Throw Them All Out in the new Newsweek on sale Monday. When President-elect Obama came to Washington in late 2008, he was outspoken about the need for an economic stimulus to revive a struggling economy. He wanted billions of dollars spent on “shovel-ready projects” to build roads; billions more for developing alternative-energy projects; and additional billions for expanding broadband Internet access and creating a “smart grid” for energy consumption. After he was sworn in as president, he proclaimed that taxpayer money would assuredly not be doled...
  • Wall Street Made More Money In 2.5 Years of Obama Than 8 Years of Bush…

    11/07/2011 8:55:35 AM PST · by tcrlaf · 23 replies
    WeaselZippers ^ | 11-7-11 | ZIP
    Occupiers last seen scratching their heads in disbelief (or possibly because of the lice infestation). Mika Brzezinski, MSNBC’s “Morning Joe”: “New government data shows profits for America’s largest financial firms are once again reaching record highs not seen sense before the financial crisis of 2008. In fact, Wall Street firms have earned more in the first two and a half years of the Obama presidency than all 8 years of the Bush presidency. Over 85 billion dollars in profits compared to 77 billion.” Joe Scarborough: “Wait — you mean in the first two years they made more than in eight...
  • Democratic National Convention Outsources Charlotte Jobs to Beltway Union Shop

    11/07/2011 4:42:26 AM PST · by IbJensen · 8 replies
    Red State ^ | 11/6/2011 | Ben Howe
    On Friday, you met John Monteith, a Charlotte, NC print shop executive who was told that he would not be awarded any contracts in conjunction with the upcoming 2012 Democratic National Convention to be held in his town because his shop was not unionized. Given that Charlotte is located in a right-to-work state, this upset John enough that he sought media attention to shine light on what he viewed to be in stark contrast to the stated goals of Mayor Anthony Foxx, a close ally of President Obama. Foxx claimed that the convention would be a boom to the Charlotte...
  • State loan program that Perry touted had to be bailed out

    11/06/2011 6:24:44 AM PST · by Kartographer · 49 replies
    AMERICAN-STATESMAN ^ | 10/22/11 | Laylan Copelin
    Over his eight years as Texas' farmer-in-chief, Perry oversaw a loan guarantee program with so many defaults that the state had to stop guaranteeing bank loans to startups in agribusiness and eventually bailed out the program with taxpayer money. The state auditor panned Perry's claims of creating jobs and criticized Perry and his fellow board members at the Texas Agricultural Finance Authority for not following their own lending guidelines. In some instances, the auditor said, Perry and the authority guaranteed loans to applicants with a negative net worth or too much debt. Citing growing debts, the auditor finally suggested that...
  • Palin says Wall Street protesters seeking bailout

    11/03/2011 7:33:53 PM PDT · by Bigtigermike · 25 replies
    Seattletimes ^ | Thursday November 3, 2011
    Sarah Palin told Republican donors Thursday that Occupy Wall Street protesters want the same thing as the "fat cats" they're upset with - a government bailout. Palin criticized the protesters as believing they're entitled to other people's productivity and money and said they've drawn the wrong conclusions. Instead, the former Alaska governor said people should look to the tea party. "They say `Wall Street fat cats got a bailout so now I want one too.' And the correct answer is no one is entitled to a bailout," Palin told the crowd of about 1,000 at the Republican Party of Florida...
  • House GOP votes to subpoena White House Solyndra documents

    11/03/2011 8:37:23 AM PDT · by Bigtigermike · 17 replies
    The Hill ^ | Thursday November 3, 2011
    Republicans on the House Energy and Commerce Committee voted Thursday to subpoena the White House for all internal communications related to the failed solar company Solyndra. The subpoena escalates the ongoing battle between the White House and Republicans over a $535 million Energy Department loan guarantee to Solyndra, the California solar panel maker that filed for bankruptcy in early September, setting off a firestorm in Washington. Republicans have pummeled the White House over the loan guarantee for weeks, using Solyndra’s bankruptcy to challenge the administration’s green energy agenda. The committee’s investigative panel voted 14-9, along party lines to subpoena the...
  • Faculty Lounge - A tale of Sherpas and superstars [Perry's Higher Education Reform]

    10/25/2011 7:02:54 AM PDT · by Cincinatus' Wife · 11 replies
    National Review Magazine ^ | October 31, 2011 ISSUE | Kevin D. Williamson
    In May of 2008, Gov. Rick Perry convened an unprecedented joint meeting of the boards of Texas’s three major university systems — the University of Texas, Texas A&M, and Texas Tech — and laid out an agenda for reforming the state’s higher-education system, a plan to lower costs and raise the quality of both teaching and research. There is real reason for Governor Perry’s concern: Tuition, though still quite low in Texas, has been climbing for years, an unwelcome development, and the state’s higher-ed flagship, the University of Texas at Austin, barely makes the top-50 list in the college rankings,...
  • Owners of Zuccotti Park Given $100 million Loan Guarantee From Obama Administration?

    10/17/2011 11:33:09 AM PDT · by the invisib1e hand · 49 replies
    Rush | 101711 | self
    Heard it on Rush.Somebody duct tape my head, please.
  • Wall Street Protestors: Blame Cronyism, Not Capitalism

    10/13/2011 12:14:14 PM PDT · by Aspenhuskerette · 4 replies
    The Aspen Times ^ | October 13, 2011 | Melanie Sturm
    I didn't “Occupy” Wall Street, though I spent enough hours working there that a sleeping bag could have come in handy. I can attest to one of the protesters' claims about Wall Street bankers: While most are good and ethical people, they are supremely money-oriented, and, like the bear that sniffed out a Payday in my trash, they'll take the path of least resistance to find theirs. However, the profit motive is not a bad impulse, and countries with economic systems that ignore it suffer worse economies. In our system, the accumulation of profits is an important metric of success,...
  • Americans, Unlike The Senate, Approve Of Obama’s Jobs Bill, Poll Says

    10/12/2011 8:32:34 PM PDT · by edpc · 37 replies
    The Ticket - Yahoo News ^ | 12 Oct 2011 | Rachel Rose Hartman
    Senate Republicans Tuesday may have blocked President Obama's jobs bill, but a new poll suggests that's not what a majority of Americans want. Nearly two-thirds of the respondents to a survey from NBC/Wall Street Journal voiced their approval when pollsters were told them the details of the president's "American Jobs Act"-- including that it would cut payroll taxes, fund new road construction, and extend unemployment benefits. NBC reports that 63 percent of respondents said they favored the bill, with just 32 percent opposing it.
  • Company that Owns Zuccotti Park Received Green Loan Guarantee from Obama Admin

    10/10/2011 6:00:46 AM PDT · by opentalk · 19 replies
    The Lonely Conservative ^ | October 9, 2011 | Lonely Conservative
    It’s been a bit of a puzzle as to why the owners of Zuccotti Park that the Occupy Wall Street gang has taken over have allowed them to stay. They’re angering residents and pretty much stinking up the place. The owners have mentioned that the park is normally cleaned every night, but they have not been able to clean it in three weeks. Sanitation was “becoming an issue” a few days ago. Lord knows what it’s like now, I hear it’s pretty bad. Could the fact that the parent company of Brookfield Properties received a “green energy” loan guarantee from...
  • Green Jobs Are a National Scandal - More bankruptcies are to come.

    10/11/2011 9:08:35 AM PDT · by neverdem · 13 replies
    NATIONAL REVIEW ONLINE ^ | October 7, 2011 | Deroy Murdock
    Green Jobs Are a National ScandalMore bankruptcies are to come. Solargate is just the tip of the iceberg.This cliché within a mixed metaphor reflects the madness of President Obama’s obsession with “green jobs.” It would be bad enough if this disaster were limited to possible criminality at Solyndra — the solar-panel maker that Obama stimulated with loan guarantees, despite repeated warnings about its rickety finances.“The true engine of economic growth will always be companies like Solyndra,” Obama proclaimed at its Fremont, Calif., headquarters on May 26, 2010. Not quite. Solyndra’s August 31 bankruptcy transformed 1,100 green jobs into pink slips...
  • SunPower: Twice As Bad As Solyndra, Twice As Bad For Obama

    10/11/2011 7:48:59 AM PDT · by tcrlaf · 18 replies
    Human Events ^ | 10-11-11 | Niel McCabe
    How did a failing California solar company, buffeted by short sellers and shareholder lawsuits, receive a $1.2 billion federal loan guarantee for a photovoltaic electricity ranch project—three weeks after it announced it was building new manufacturing plant in Mexicali, Mexico, to build the panels for the project. The company, SunPower (SPWR-NASDAQ), now carries $820 million in debt, an amount $20 million greater than its market capitalization. If SunPower was a bank, the feds would shut it down. Instead, it received a lifeline twice the size of the money sent down the Solyndra drain. Two men with insight into the process...