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Sep 11 2012

Still More Corrupt Green Energy Boondogglery

The $535 million of our money Obama laundered through the Solyndra debacle to pay off donor George Kaiser is only the tip of the iceberg. Another example of how Hopey Change (formerly known as Chicago-style corruption) is applied to energy policy:

Angus King, former governor of Maine, Obama supporter, and front-running independent Senate candidate, owned a wind company. Obama’s Department of Energy handed over a deeply questionable $102 million loan to that company. It appears that as that company was coming under investigation, King quickly divested himself of his interests, hoping he was doing so just in time to escape scrutiny, and as he was preparing to announce his candidacy for Senate.

But that’s not where the story ends. It seems that before he left the company, King helped apply for a Department of Energy grant worth some $33 million. Which means one of two things: either the company was thriving, in which case King was helping bilk taxpayers for an additional $33 million; or the company was having financial difficulties, in which case the $33 million grant was designed to help cover the cost of the loans, $23 million of which was coming due with a maturity date of April 27, 2012.

Either way, the situation doesn’t look good for King, or the Obama Administration. Either the two were working to ensure that King’s company got paid millions so that King could reap the benefits, or they were working to cover up a troubled company and highly questionable investment subsidized with federal tax money.

Why is Obama running for reelection instead of cooling his heels in an orange jumpsuit for the looting spree he calls an energy policy? Because the “mainstream” media will see to it that stories like this are swept under the rug, and Republicans are afraid to make an issue of them.

Angus-King
King: One of the tiny group benefiting from our fundamental transformation.

On a tip from J.


  • Beef

    “…and Republicans are afraid to make an issue of them.”

    That’s the issue. If Romney wanted to win, he’d be pounding Obama on the crony capitalist theme, Holder’s war on white people, homosexualization of the military, funding of the Muslim Brotherhood and his illegal granting of amnesty. The media aren’t going to point out Obama’s negatives, they are going to stick to printing pictures of bear hugs for Dear Leader and Joe hangin’ with the proles.

    Instead, Romney says Obama is a nice guy who just can’t seem to run the economy very well, while Obama accuses him of being a tax cheat and giving women cancer.

    This is McCain’s campaign all over again, played on the liberal’s terms. If the Republicans can’t beat a President with this bad of a record, they are done as a party.

  • .
    “…because the “mainstream” media will see to it that stories like this are swept under the rug, and Republicans are afraid to make an issue of them.”

    And WHY are the Republicans afraid to make an issue of them? Because they’re in on it. They’re the professional fall guys. They take a dive and then they get paid their cut of the booty. http://tinyurl.com/8hfllmh

    @Beef (above) made a very good point: If Mitt “McCain” Romney was serious, he’d be grinding Obama’s face into the ground every day with all the disasters that Hussein has brought onto this country; record poverty, record unemployment, record use of food stamps, first credit downgrade in history, and millions of jobs lost due to Obama shutting down the oil and coal industries. And yet, not a peep.

    We, as Americans, need to do two things: (1) Rid ourselves of Hussein Obama, Harry Reid, Nazi Pelosi, and all the other democrats as quickly as possible. Concurrently, throw out all the RINOs in Washington. Boo-Hoo Boehner, Mitch “the mouse” McConnell, Mittens-the-Kitten Romney, and all the other criminals in Congress.

    Arrest them ALL for treason, strip them of their assets, slap them into leg irons, and put their treasonous backsides onto the Southern border where they can spend the rest of their lives building a 70-foot brick wall with their bare hands, 12 hours a day, in the sweltering desert sun.

  • Ghost of FA Hayek

    Beef
    Yesterday’s discussion was whether Romney and Obama are the SAME on policy.
    But this I can agree with.
    Romney’s advisers believe Romney can get away with sheltering himself from the flak, and pick up the precious “independent” vote.
    I would pound the economic and the class envy angle.
    Obama and the left WANTS a downsized America.
    They believe an “exceptional” America would meet France and Greece at their level
    Potential voters see this weakness as translated into a fear to radically change policy when elected
    Maybe they are keeping their powder dry.
    But there is definitely no shortage of limp noodle advisers out there who are scared of their own shadows.

    Arrest them ALL for treason, strip them of their assets, slap them into leg irons,
    Laurie
    You will loose at tyranny
    The left is, and always will be superior in this aria.

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