The Best Politicians Money Can Buy

Discussion in 'Politics' started by PoliticalChic, Apr 20, 2011.

  1. PoliticalChic
    Offline

    PoliticalChic Diamond Member

    Joined:
    Oct 6, 2008
    Messages:
    55,763
    Thanks Received:
    15,641
    Trophy Points:
    2,190
    Location:
    Brooklyn, NY
    Ratings:
    +24,936
    The Obama administration is the nexus of crony capitalism and gangster government....

    The following tale of woe is illustrative of same.

    1. Solyndra, a solar panel manufacturer, was the first recipient of a stimulus loan guarantee from the Department of Energy, to the tune of $535 million. That means that the government agrees to make up the difference if the company fails to repay the loan.

    2. In May 2010, Obama went to Silicon to praise his own stimulus package and the new factory it was building for Solyndra. “[T]hrough the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans. Since the project broke ground last fall, more than 3,000 construction workers have been employed building this plant. Across the country, workers in 22 states are manufacturing the supplies…Solyndra expects to hire 1,000 workers to manufacture solar panels… [C]ompanies like Solyndra lead the way toward a brighter, more prosperous future

    3. By November 2010, Solyndra was a deeply troubled company, making huge cuts in cost and production in order to mollify investors, and, instead of expounding into the new factory, the company was now going to close its old factory. It was foregoing expansion, cutting production in half, laying off workers, and terminating 150 of its subcontractors. Solyndra, a Solar-Panel Maker, Will Close a Plant - NYTimes.com

    4. It is axiomatic that government “invests” taxpayer’ money less prudently than private investors invest, or risk, their own. Freddoso, “Gangster Government,” p.104

    5. “ You've never heard of Solyndra? That's strange, because it was supposed to be the cornerstone of Obama's vaunted green-energy future, but now is a king-size political embarrassment. Solyndra, recipient of a $535 million Department of Energy loan guarantee, last month cancelled a $300 million initial public offering because auditor PricewaterhouseCoooper said its operating losses and negative cash flow raise doubts about its ability to continue as a going concern.

    Ouch!... Vice President Joe Biden crowed that it was "part of the unprecedented investment this Administration is making in renewable energy, and exactly what the Recovery Act is all about."… Taxpayers are on the hook for $390.5 million—73% of the loans. Some observers questioned the wisdom of the government's deal from the start, saying the company was an inefficient, high-cost producer.”Obama's Tough Luck - Barrons.com

    6. How did Solyndra get a half billion dollars and Obama’s blessing? Simple, they spent $550,000 on lobbying in 2010. Lobbying Spending Database-Solyndra Inc, 2010 | OpenSecrets

    a. During the campaign, Obama said many times that lobbyists would not run his White House, and the campaign delighted in tweaking rival John McCain for the former lobbyists who worked on McCain's campaign.
    PolitiFact | Obama's lobbyist rule: Promise Broken


    But our Leftist friend don't care about the lies this President tells....so, what do you care about?
     
    • Thank You! Thank You! x 1
  2. G.T.
    Offline

    G.T. Diamond Member

    Joined:
    Jun 29, 2009
    Messages:
    47,527
    Thanks Received:
    7,577
    Trophy Points:
    1,830
    Location:
    out
    Ratings:
    +27,473
    I've been saying that our leaders are in the Corporate pocket since.........

    I think since.......I was around a Sophomore in High School.
     
  3. NoEconomist
    Offline

    NoEconomist Member

    Joined:
    Apr 6, 2011
    Messages:
    207
    Thanks Received:
    34
    Trophy Points:
    16
    Location:
    Just a figment of your imagination....
    Ratings:
    +34
    I'll tell ya what, get your mighty cut and paste a clickin on Cost +, No bid Halliburton contracts and I will drum up some give a shit about this :razz:
     
    • Thank You! Thank You! x 1
  4. PoliticalChic
    Offline

    PoliticalChic Diamond Member

    Joined:
    Oct 6, 2008
    Messages:
    55,763
    Thanks Received:
    15,641
    Trophy Points:
    2,190
    Location:
    Brooklyn, NY
    Ratings:
    +24,936

    Try to use more restrained language.

    Are you referring to the no-bid contracts that Clinton and Obama gave to Halliburton?


    1. An L.A. Times op-ed of April 22 said, "Halliburton Received No-Bid Contracts During Clinton Administration For Work In Bosnia And Kosovo." An October 2003 article in the (Raleigh, NC) News & Observer quoted Bill Clinton's Undersecretary Of Commerce William Reinsch as saying "'Halliburton has a distinguished track record,' he said. 'They do business in some 120 countries. This is a group of people who know what they're doing in a difficult business. It's a particularly difficult business when people are shooting at you.'"
    FrontPage Magazine - The Facts on Halliburton

    2. May 6 (Bloomberg) -- KBR Inc. was selected for a no-bid contract worth as much as $568 million through 2011 for military support services in Iraq, the Army said.KBR to Get No-Bid Army Work as U.S. Alleges Kickbacks (Update1) - Businessweek

    If so, the false world-weary 'I've seen it all' persona usually seen in young adults still residing in their parents' basement falls a good deal short of your intention.



    Clearly, the OP was not meant for you, but for folks who are not willing to accept corrupt and incompetent government as just what one should expect.
     
  5. G.T.
    Offline

    G.T. Diamond Member

    Joined:
    Jun 29, 2009
    Messages:
    47,527
    Thanks Received:
    7,577
    Trophy Points:
    1,830
    Location:
    out
    Ratings:
    +27,473
    For brevity, where was this thread brought to us by P.C. when we had a Republican President?
     
  6. NoEconomist
    Offline

    NoEconomist Member

    Joined:
    Apr 6, 2011
    Messages:
    207
    Thanks Received:
    34
    Trophy Points:
    16
    Location:
    Just a figment of your imagination....
    Ratings:
    +34
     
  7. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Yepper, this is different from past administrations in what way?
     
  8. PoliticalChic
    Offline

    PoliticalChic Diamond Member

    Joined:
    Oct 6, 2008
    Messages:
    55,763
    Thanks Received:
    15,641
    Trophy Points:
    2,190
    Location:
    Brooklyn, NY
    Ratings:
    +24,936
     
    • Thank You! Thank You! x 1
  9. Foxfyre
    Offline

    Foxfyre Eternal optimist Gold Supporting Member Supporting Member

    Joined:
    Oct 11, 2007
    Messages:
    47,678
    Thanks Received:
    10,792
    Trophy Points:
    2,070
    Location:
    Desert Southwest USA
    Ratings:
    +14,384
    As long as we're being brief, what difference does it make whether a Republican or Democrat is in the White House? Is not the principle of payola as repugnant in all cases?
     
  10. LibocalypseNow
    Offline

    LibocalypseNow Senior Member

    Joined:
    Jul 30, 2009
    Messages:
    12,337
    Thanks Received:
    1,356
    Trophy Points:
    48
    Ratings:
    +1,357
    That's almost as bad as GE top Exec Jeffrey Immelt being their "Jobs Czar." GE doesn't even pay Taxes for God's sake. Obviously there is a Government/Corporate/Media cabal who control our Nation. Their all connected and intertwined. Just look how often top Execs from GE,Facebook,Google,and NBC meet with this White House? Why would they need to meet so often? Think about it. This stuff is not just silly Conspiracy Theory stuff. It's reality. And it's also very sad.
     

Share This Page