September 01, 2011
Liberty Alerts, Corruption Chronicles
A fly by night solar panel company that got more than half a billion dollars from the U.S. government to promote green energy has abruptly folded, stiffing American taxpayers while laying off more than 1,000 workers.
Shortly after cutting a fat check President Obama touted the northern California firm, Solyndra, as a prominent example of clean energy. “Companies like Solyndra are leading the way toward a brighter and more prosperous future,” the president said during a visit to the now-defunct company’s Fremont headquarters.
The investment in Solyndra had been hyped up by the administration as part of the president’s “aggressive strategy to put Americans back to work” and reduce the country’s “dependence on foreign oil by developing clean, renewable sources of energy.” At least that’s what Obama’s Energy Secretary, Steven Chu, said shortly before Uncle Sam doled out the cash. He also seemed quite confident that giving money to companies like Solyndra would create “millions of new, good paying jobs.”
On the day Solyndra got its $535 million from the government, Vice President Joe Biden appeared in a ceremony—via satellite from Washington D.C.—to announce that thousands of jobs would be created. “By investing in the infrastructure and technology of the future, we are not only creating jobs today, but laying the foundation for long-term growth in the 21st-century economy,” Biden proclaimed.
Try telling that to the 1,100 people who just got laid off with little notice, no severance pay or extended insurance benefits. Painful and devastating is how some described it in a local newspaper report as they hauled boxes containing personal belongings. Seeking an explanation from the Obama Administration, the paper published a quote from a low-level Department of Energy spokesman who handles public affairs.
Here it is: “We have always recognized that not every one of the innovative companies supported by our loans and loan guarantees would succeed. But we can’t stop investing in game-changing technologies that are key to America’s leadership in the global economy.”
08.28.09, 12:01 AM ET Picking his way through the Soviet archives that Boris Yeltsin had just thrown open, in 1991 Tim Sebastian, a reporter for the London Times, came across an arresting memorandum. Composed in 1983 by Victor Chebrikov, the top man at the KGB, the memorandum was addressed to Yuri Andropov, the top man in the entire USSR. The subject: Sen. Edward Kennedy. “On 9-10 May of this year,” the May 14 memorandum explained, “Sen. Edward Kennedy’s close friend and trusted confidant [John] Tunney was in Moscow.” (Tunney was Kennedy’s law school roommate and a former Democratic senator from California.) “The senator charged Tunney to convey the following message, through confidential contacts, to the General Secretary of the Central Committee of the Communist Party of the Soviet Union, Y. Andropov.” Kennedy’s message was simple. He proposed an unabashed quid pro quo. Kennedy would lend Andropov a hand in dealing with President Reagan. In return, the Soviet leader would lend the Democratic Party a hand in challenging Reagan in the 1984 presidential election. “The only real potential threats to Reagan are problems of war and peace and Soviet-American relations,” the memorandum stated. “These issues, according to the senator, will without a doubt become the most important of the election campaign.” Kennedy made Andropov a couple of specific offers. First he offered to visit Moscow. “The main purpose of the meeting, according to the senator, would be to arm Soviet officials with explanations regarding problems of nuclear disarmament so they may be better prepared and more convincing during appearances in the USA.” Kennedy would help the Soviets deal with Reagan by telling them how to brush up their propaganda. Then he offered to make it possible for Andropov to sit down for a few interviews on American television. “A direct appeal … to the American people will, without a doubt, attract a great deal of attention and interest in the country. … If the proposal is recognized as worthy, then Kennedy and his friends will bring about suitable steps to have representatives of the largest television companies in the USA contact Y.V. Andropov for an invitation to Moscow for the interviews. … The senator underlined the importance that this initiative should be seen as coming from the American side.” Kennedy would make certain the networks gave Andropov air time–and that they rigged the arrangement to look like honest journalism. Kennedy’s motives? “Like other rational people,” the memorandum explained, “[Kennedy] is very troubled by the current state of Soviet-American relations.” But that high-minded concern represented only one of Kennedy’s motives. “Tunney remarked that the senator wants to run for president in 1988,” the memorandum continued. “Kennedy does not discount that during the 1984 campaign, the Democratic Party may officially turn to him to lead the fight against the Republicans and elect their candidate president.” Kennedy proved eager to deal with Andropov–the leader of the Soviet Union, a former director of the KGB and a principal mover in both the crushing of the 1956 Hungarian Revolution and the suppression of the 1968 Prague Spring–at least in part to advance his own political prospects. In 1992, Tim Sebastian published a story about the memorandum in the London Times. Here in the U.S., Sebastian’s story received no attention. In his 2006 book, The Crusader: Ronald Reagan and the Fall of Communism, historian Paul Kengor reprinted the memorandum in full. “The media,” Kengor says, “ignored the revelation.” “The document,” Kengor continues, “has stood the test of time. I scrutinized it more carefully than anything I’ve ever dealt with as a scholar. I showed the document to numerous authorities who deal with Soviet archival material. No one has debunked the memorandum or shown it to be a forgery. Kennedy’s office did not deny it.” Why bring all this up now? No evidence exists that Andropov ever acted on the memorandum–within eight months, the Soviet leader would be dead–and now that Kennedy himself has died even many of the former senator’s opponents find themselves grieving. Yet precisely because Kennedy represented such a commanding figure–perhaps the most compelling liberal of our day–we need to consider his record in full. Doing so, it turns out, requires pondering a document in the archives of the politburo. When President Reagan chose to confront the Soviet Union, calling it the evil empire that it was, Sen. Edward Kennedy chose to offer aid and comfort to General Secretary Andropov. On the Cold War, the greatest issue of his lifetime, Kennedy got it wrong.
If Guns Were Treated Like Cars
Reposted with Copright notice.
Copyright 2000 by Ron Miller. All Rights Reserved.
1. You could get a simple license from the State for a nominal fee and only have to take a test that any idiot could pass. You’d only have to renew it every 10 years for 40 years and maybe retake the test if you move out of state.
2. You could kill and injure people with your gun while drunk and still have your lawyer get your gun back because you need it for work.
3. You’d have half the tax burden of the county and State dedicated to improving the shooting ranges and facilities. The public agrees this is never good enough to suit them and with all the gunowners from California moving in, the range capacity will never catch up. Lines at the range are always shown on TV with the newsies deploring the crowding.
4. You could carry in any State at any time because carry and possession of your gun is honored nationwide and is considered a basic American civil right.
5. You would see commercials on TV pushing the newest, latest guns which you could lease for just $25 per month subject to the fine print.
6. You could finance a fancier gun than you can really afford by taking a 5 year loan with approved credit.
7. You would have a gun safe built into every house. In the upscale houses you would have 3 gun safes. Inexpensive houses and mobile homes would just have a gunrack by the door.
8. You’d have gun storage lockers at the shopping mall in which to store your rifle while shopping. This in order to free your arms for packages. The convenience of the shopper is paramount.
9. You could buy ammunition at the 7-11.
Full-service station means they’ll reload your magazines for you.
10. The news would stop reporting gun accidents unless more than 10 children were killed at one time. Onesy-twosey would only be notable in small towns or if Princess Di’s bodyguard shot her while aiming at paparazzi.
11. If the price of ammunition rose 20% the Federal Government would release war reserves of ammo to bring the price back down to the consumer’s comfort level.
Ammo would carry a 50% tax to finance public shooting ranges.
Teapot Dome scandal would have been about a lead mine.
12. We’d teach gunsmithing in vocational-education programs.
13. Every 16 year old would be looking forward to the day when he could take the family revolver to school. The rich kids would get a high-capacity semi-auto pistol on their 16th birthday and endanger everyone when they learn to use it in public.
14. High schools would have large gun lockers to store student’s arms while they attend classes. Administrators would try to charge for the service to discourage teen-age gun carrying to school.
15. Schools would have shooter’s education classes to make sure the kids could pass the test. They would show gory films of gunshot wounds. The squeamish would throw up.
16. Old people who can hardly see would still be permitted to shoot in public because to disarm them would be to damage their self- esteem. Families would wring their hands over holes in the walls and ceiling.
Occasionally an oldster would fire into a schoolyard when they mistake the trigger for the safety. Legislators would refrain from criticizing because of the AARP’s influence.
17. Congress would be debating alternative weapons systems for people who can’t afford their own guns.
18. There would be such a thing as “public weapons” for the masses.
19. Congress would be subsidizing weapons for people too limited in means to afford their own.
20. Congress would be willing to float a loan to Colt’s in order to ensure the survival of an American company against unfair foreign competition. (Think “Chrysler”)
21. We, except for Ralph Nader, would dismiss 40,000 deaths and 500,000 injuries per year as “the price of freedom.”
22. You would have MADS. Mothers Against Drunk Shooters (instead of HCI). MADS would conduct a campaign of public education instead of trying to use the force of government to prohibit irresponsible drinking and shooting.
23. You could rent a gun at any airport if you are over 25 and have a credit card.
24. You would have the fringe-greenies advocating bows and arrows because they think gunsmoke is damaging the environment.
Al Gore would write a book about the damaging effects of gunsmoke.
Al Gore would also claim to have been a handloader before his sister died in a powder fire.
25. You’d have huge outcry in the Press and Congress over our dependence on cheap, imported, foreign ammunition.
26. Ted Kennedy would have shot Mary Jo Kopekne instead. Ted would be a few thousand dollars richer (bullet:$0.25 vs car:$3000)
Ted would stop carrying his own gun and instead, hire bodyguards to carry fully-automatic weapons under their coats for him.
27. You’d have businesses like “Jiffy Gun-Clean” to make life convenient. But you’d always worry that they might not have gotten the magazine fully seated afterwards.
28. You’d have “Classic Gun Events” with parades on public roads as everyone with such a classic carries it for all the public to see.
29. You’d have huge eyesores where piles of guns are left to rust in the open at “Gun Junk Yards”. They would charge you outrageous prices to go out back and pick off a hammer or sear which is probably also worn out like the one you want to replace.
30. There would be a booming business and debate about substituting non-OEM parts in the gun repair business.
31. You’d have TV news crews going under cover with hidden cameras to ferret out “unscrupulous gun smiths.” This story would be “old reliable” and works every year.
32. The Japanese would be trying , and succeeding at taking over the market for efficient, reliable high-quality guns.
The Koreans would be trying to sneak in at the low end of the market.
The Germans would be selling premium brands based on better workmanship, longer life, and brand cachet. But their guns would require you to take it to a gunsmith every 3 months for a complete tear-down and dimensional inspection at outrageous labor rates.
The Italians would paint their guns flaming red and they would have a reputation for being finicky.
The State Department would be applying pressure to get Japan to allow more US-built guns into their country.
The Japanese would resist the US by saying that Japanese shooters have extra-special safety requirements that only Japanese manufacturers can meet.
33. You’d have an entire section of the Saturday Coloradoan devoted to ads for new and used guns.
34. You’d have a pair of fun-loving gunsmiths on Public Radio doing a show on gun problems. They’d be named “Tap & Rack”
35. There would have been a terrible TV show back in the black & white days named “My Mother – The Gun” It starred Jerry Van Dyke and ran just one season.
36. Dean Jones would have made a series of stupid movies starring Herbie the Love-Gun. Herbie was an adorable anthropomorphized cheap German Saturday Night Special. Dean Jones would never show his face in public again after these movies.
37. Competition would be carried on TV all day on Saturdays. The Daytona 500 would be round-count instead of miles. There would be speed contests, endurance contests, and off-range marksmanship events.
NASGUN would create big heroes in the South and extravagant marketing opportunities.
38. High-schools would paint up a gun in the colors of the opposition and charge $.25 for you to swing a sledge hammer at that gun during pep rallys.
39. John Elway would own half the gunstores in the Denver Metro area.
40. Wellington Webb’s wife would be carrying the finest English Double shotgun money can buy while Wellington has body guards to carry his semi-auto pistols for him.
41. Back in the 1970’s during the ammo crisis, Congress would have set a maximum cyclic rate for autos and semi autos in order to conserve ammo.
42. After Iraq was pushed out of Kuwait, the national cyclic rate was raised to something all semi-autos can be comfortable with.
43. The Coloradoan would be publishing the locations of range repair work every week to be sure no one would be inconvenienced.
44. The Beachboys would have released some songs about guns:
“Spring little Cobray gettin’ ready to strike….. Spring little Cobray with all your might…..”
“She’s real fine my Wonder Nine, she’s real fine my Won-der Nine.”
“Fun, fun, fun ’til Daddy takes her Kel-Tec away……”
45. Letters to editors would be written decrying that all those Soccer Moms are lugging .50 cal machine guns around town, wasting ammo and getting in everybody’s way.
46. Letters to editors would be written responding that putting one’s beginning driver son or daughter behind a .50 cal would mean that the writer’s offspring would survive any conflict with lesser armed individuals.
47. Al Gore would claim he invented the .50cal cartridge and say he was sorry.
48. Cities would be experimenting with electric guns but would be surprised to find that people would step in front of them at the range because they were too quiet so no one knew the electric gun was there.
49. President Clinton would demand that electric gun manufacturers put a cowbell on each one to prevent senseless accidents.
50. The National Rifle Association would be reduced to selling travel insurance for your guns because the rest of society will have seen to it that there would be no chance that firearms would ever be banned.
This Information Is From Ron Miller
Remember Timothy Geithner is Obama’s tax cheat that runs the United States Secretary of the Treasury…for you liberals that don’t know that.
The failure of a public-private bailout strategy.
Back in January and February, there were some votes to try and block excessive employee compensation at financial institutions receiving bailout money. In the Senate, this took the form of the Snowe amendment, which was supported by all 58 Democrats, and also by three Republicans. In the House, it took the form of the TARP Reform Act, which was favored by 242 Democrats and 18 Republicans. Overall, across the House and the Senate, only 10 Democrats, compared to 193 Republicans, voted against legislation that might have stopped the bonuses.
Unfortunately, despite overwhelming Democratic support for limiting executive compensation, in order to save their public-private partnership bailout plan, the Obama administration worked against these limits:
As word spread Friday about the new and retroactive limit — inserted by Democratic Sen. Christopher Dodd of Connecticut — so did consternation on Wall Street and in the Obama administration, which opposed it.(…)
The administration is concerned the rules will prompt a wave of banks to return the government’s money and forgo future assistance, undermining the aid program’s effectiveness. Both Treasury Secretary Timothy Geithner and Lawrence Summers, who heads the National Economic Council, had called Sen. Dodd and asked him to reconsider, these people said.
This story is widespread now: Dodd weakened the language at the urging of Treasury officials. It has leaped from the blogosphere to places like CNN.
Tim Geithner’s public private partnership plan caused the AIG bonus scandal. This is because Geithner’s plan needs voluntary private participation and, as many of those private investors and institutions have made clear, they won’t join in if their compensation packages are threatened:
Officials at the Federal Reserve and the Treasury Department are increasingly worried that the controversy could discourage investors from joining a new government effort to revive consumer lending as well as a separate plan that relies on private money to buy toxic assets from banks, sources familiar with the matter said.(…)A senior executive at one of the nation’s largest banks said he had heard from several hedge funds that they would not partner with the government for fear that lawmakers would impose retroactive conditions on their participation, such as limits on compensation or disclosure requirements.
As such, on behalf of the Obama administration, Tim Geithner and Larry Summers joined with congressional Republicans to block legislation that would have retroactively blocked the bonuses. This was done in the hope of securing more private participation in the administration’s public-private partnership bailout plan.
This scandal is the direct outcome of Geithner’s bailout plan. Because the Obama administration is pursuing a public-private partnership bailout strategy, and because Wall Street wouldn’t participate in this plan if their bonuses were threatened, the Obama administration blocked legislation that would have blocked Wall Street bonuses. They really should have pursued temporary nationalization instead.