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Latest Articles: Corrupt Government
Soros turns up in Obama's LightSquared imbroglio
Post Date: 2011-09-21 18:45:01 by Happy Quanzaa
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Investor George Soros speaks during a program hosted by the New America Foundation September 13, 2006 in Washington, DC."Soros-funded groups -- Free Press, Media Access Project, the New America Foundation, and Public Knowledge -- filed a jointcomment backing LightSquared in a related regulatory matter," reports Examiner columnist Timothy P. Carney.(Photo by Win McNamee/Getty Images) As Republican lawmakers begin to dig into the White House's cozy relationship with a startup wireless company and the wealthy Democratic donor who owns it, a new character has appeared on the story's edges: liberal superdonor, conservative bete noire and controversial investor George Soros. ...
Solargate: In D.C. Politics, Solyndra Played by the Rules
Post Date: 2011-09-21 10:31:00 by Happy Quanzaa
5 Comments
NEW YORK (TheStreet) -- Top officials of bankrupt White House-backed solar firm Solyndra are refusing to testify before the House Energy investigative subcommittee on Friday, invoking their Fifth Amendment right. There's one issue in which I agree with the Solyndra executives that they shouldn't have to say a word. In fact, there's one Solyndra-Gate subject that I don't even think the company's executives should need the protection offered by the U.S. Constitution. The bankrupt solar company's lobbying splurge is among the sound bites on the palates of eager politicians and the Solyndra-Gate headlines now ubiquitous in the press. It shouldn't be. Unless ...
Fraud case targets grants awarded by President Obama’s friend
Post Date: 2011-09-21 09:51:48 by Happy Quanzaa
1 Comments
Barack Obama, Eric Whitaker The indictment of a Chicago nurse accused of diverting hundreds of thousands of dollars in taxpayer funds for her personal use has turned a spotlight on an Illinois state agency that awarded her money while it was headed by one of President Barack Obama’s closest friends, Dr. Eric E. Whitaker, records show. Under Whitaker, the Illinois Department of Public Health awarded Margaret A. Davis — the former program director of the Chicago Chapter of the National Black Nurses Association — a no-bid contract and seven AIDS- and cancer-related grants that became part of her $500,000 cash-siphoning scheme, prosecutors say. According to federal subpoenas ...
FBI is on your cell phone. Do you care?
Post Date: 2011-09-20 22:52:29 by A K A Stone
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John Adams lost the 1800 presidential election to Thomas Jefferson in large part because Adams, in 1798, pushed through Congress the Alien and Sedition Acts that punished any of the new Americans who stirred up "sedition within the United States" by speech or actions that brought the president or Congress into "contempt or disrepute."
The First Amendment had been ratified only seven years before!
The American people, no longer threatened by the tyrannical British king and insistently proud of their guaranteed personal liberties, voted for Jefferson, who had strongly opposed the Alien and Sedition Acts (my book, "First Freedom: The Tumultuous History of Free Speech in America," ...
Activist rabbi bankrolls Perry travel
Post Date: 2011-09-20 22:06:49 by Skip Intro
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Rick Perry is talking up his travels to Israel on the stump — a line that’s likely music to the ears of an activist rabbi who made the governor’s last two trips happen. The rabbi, Irwin Katsof, has spent years recruiting American officials to participate in lavish trips meant to strengthen U.S.-Israel economic and political ties. Perry’s travel was bankrolled by Katsoff’s investment firm, initially called Global Capital Associates, then Doheny Global Group. In the run-up to a 2007 trip, Katsof’s firm advertised the jaunt as a networking event with world leaders. For $18,500 — airfare not included— participants could accompany Perry and his fellow ...
Twit USDA Secretary says Americans need to “adjust” their tastes so that they like the kind of food the government believes they should eat
Post Date: 2011-09-20 20:36:45 by A K A Stone
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(CNSNews.com) - U.S. Agriculture Secretary Tom Vilsack told members of the National Restaurant Association on Monday that Americans need to “adjust” their tastes so that they like the kind of food the government believes they should eat—and “we have to make sure that what we do is create the appropriate transition.”
“You know, as we deal with this issue of reducing sodium and sugar, it sounds simple to do, but you all know better than I do, it’s not as simple as it sounds,” said Vilsack.
“It’s going to take time for people’s taste to adjust and they will adjust over time, but it will take some time,” he said. “So, we have to make sure that what we do is create the appropriate ...
Solargate Update: Solyndra execs to take the Fifth
Post Date: 2011-09-20 16:10:17 by Happy Quanzaa
5 Comments
Solyndra execs will decline to testify at hearing (Reuters) - Solyndra LLC's chief executive and chief financial officer will invoke their Fifth Amendment rights and decline to answer any questions put to them at a Congressional hearing on Friday, according to letters from their attorneys obtained by Reuters. In the letters sent to the House Energy and Commerce Committee's Subcommittee on Oversight and Investigations, attorneys for Solyndra CEO Brian Harrison and CFO W. G. Stover said they advised their clients not to provide testimony during the hearings. The bankrupt company's $535 million federal loan guarantee is being investigated by the House Energy and Commerce ...
Secret recordings raise new questions in Obama administration's 'Gunwalker' operation
Post Date: 2011-09-20 14:09:54 by Happy Quanzaa
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Secret recordings raise new questions in ATF 'Gunwalker' operation Updated 5:09 pm, Sept. 19, 2011 with comment from the Office of the Inspector General WASHINGTON - CBS News has obtained secretly recorded conversations that raise questions as to whether some evidence is being withheld in the murder of a Border Patrol agent. MORE: ATF Fast and Furious secret audio recordings (Scroll down to listen to the audio) The tapes were recorded approximately mid-March 2011 by the primary gun dealer cooperating with ATF in its "Fast and Furious" operation: Andre Howard, owner of Lone Wolf Trading Company in Glendale, Arizona. He's talking with the lead case ATF case agent ...
Issa (R-CA) to launch probe of Obama actions on Solyndra, LightSquared
Post Date: 2011-09-20 13:13:47 by Happy Quanzaa
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Rep. Darrell Issa (R-Calif.) said Tuesday that his committee plans to investigate government loan programs to private corporations in light of allegations of improper dealings between the White House and failed energy company Solyndra and wireless start-up LightSquared. "I want to see when the president and his cronies are picking winners and losers… it wasn't because there were large contributions given to them," the chairman of the Oversight and Government Reform Committee said Tuesday morning on C-SPAN. Issa said the committee was looking at whether it was improper for members of Congress or White House staff to select companies eligible for subsidized government ...
White House’s Testimony ‘Guidance’~1st a 4-star general, now a Fed official
Post Date: 2011-09-20 09:17:57 by Happy Quanzaa
4 Comments
White House’s Testimony ‘Guidance’ First it was a four-star general, and now a federal agency official says the White House sought changes to his testimony on a wireless project tied to a prominent Democratic donor. Eli Lake reports. Philip Falcone, the billionaire political donor whose hedge fund owns a majority financial stake in the satellite-wireless company LightSquared, says he told anyone in the federal government willing to listen that testing his company’s signal for GPS interference on commercial and military equipment “should not take that long.” “Everything is already set up, the labs are set up. All we need are the list of devices that ...
The Real Solution to U.S. Debt Crisis
Post Date: 2011-09-19 14:34:36 by Capitalist Eric
3 Comments
David D'Amato writes: In his famously doleful, dystopian novel, Nineteen Eighty-Four, George Orwell described a world enthralled to what was functionally a "permanent war economy," an "economy existing by and for continuous warfare." Today, on the heels of a debt ceiling increase calculated to forestall a federal-government default, we both are witnessing and are yoked to the many indispositions of what could be characterized as a permanent debt economy. The Federal Reserve System, as the radix and arguably most defining component of the American economic paradigm, is fostering a scourge on productive activity that has metastasized through society to a ...
The US Government is Going After Your Retirement Funds...
Post Date: 2011-09-19 14:05:52 by Capitalist Eric
7 Comments
We have warned subscribers and listeners and those on the Internet over and over again that government was going to come after your private retirement funds including 401K’s and IRA’s that hold $6.6 trillion in investments. This past week in a grand deficit cutting bargain the Senate Finance Committee explored “Tax Reform Options Promoting Retirement Security.” The excuse is to make 401K plans more efficient; to keep Social Security afloat and to switch funds from these retirement plans to be used elsewhere by government. It is called a looting procedure. The idea is to replace the 401K with a tax break that would allow government to offer bigger benefits to low ...
Obama's Solyndra scandal reeks of the Chicago Way
Post Date: 2011-09-18 20:13:55 by Happy Quanzaa
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Obama's Solyndra scandal reeks of the Chicago WayThose of us from Chicago know exactly what the Solyndra scandal smells like. And It doesn't smell fresh and green. President Barack Obama tours the Solyndra solar panel company plant in Fremont, Calif., last year. Solyndra, which gota $535 million government-backed loan, recently went bankrupt. (Paul Chinn, Getty photo / September 18, 2011) The Solyndra scandal cost at least a half-billion public dollars. It is plaguing President Barack Obama. And it's being billed as a Washington story. But back in Obama's political hometown, those of us familiar with the Chicago Way can see something else in Solyndra — something that ...
Solyndra scandal exposes the lie of government 'investment'
Post Date: 2011-09-18 05:54:24 by Happy Quanzaa
2 Comments
Beware of a company that claims it can make widgets for $10 each, sell them for $8 apiece, and then "make up the losses on volume." No banker or venture capitalist would invest in such a foolhardy scheme. But substitute "solar panels" for widgets and that is exactly what Washington's professional politicians and career bureaucrats did with $535 million in loan guarantees for Solyndra LLC, the now-bankrupt California company that was the centerpiece of President Obama's "clean energy future." The funding came from Obama's $859 billion economic stimulus program. Ultimately, Solyndra may prove to be the only Energy Department loan guarantee that ...
A Solyndra Employee Calls Mark Levin “Everyone Knew The Plant Wouldn’t Work”
Post Date: 2011-09-17 20:09:25 by Happy Quanzaa
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Obama’s ‘Jobs Bill’ Makes ACORN Eligible for $15 Billion in Taxpayer Money
Post Date: 2011-09-17 20:04:28 by CZ82
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Obama’s ‘Jobs Bill’ Makes ACORN Eligible for $15 Billion in Taxpayer Money September 15, 2011 - 11:10 am - by Matthew Vadum ACORN and other radical left-wing groups would be eligible for up to $15 billion in federal funding if President Obama’s new economic stimulus package becomes law. Now that public polling shows Americans are realizing that economic stimulus programs don’t work, the Obama administration is calling the latest round of futile stimulus a “jobs bill.” In a sense it really is a jobs bill: a jobs bill for Saul Alinsky-inspired community organizers. The draft legislation, which had not yet been introduced in Congress at press time, makes ...
On the QT and very, 'Hush Hush'
Post Date: 2011-09-17 09:30:59 by CZ82
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On the QT and very, 'Hush Hush' Rick Moran Yesterday, we reported that the Federal Reserve was participating in an effort by the biggest central banks in the world to assure liquidity to big european banks who were on the brink of suffering a credit meltdown similar to what occurred here in 2008. It's a hair on fire move by the central banks to stave off disaster - at least for a little while. And the commitment is open ended, meaning that the Fed and other CB's will do whatever necessary to keep the banks afloat. You would think such a significant commitment by the US central bank would necessitate some kind of press release or statement from Chairman Bernanke. Think ...
Obama admin reworked Solyndra loan to favor donor
Post Date: 2011-09-17 05:29:06 by Happy Quanzaa
2 Comments
WASHINGTON — The Obama administration restructured a half-billion dollar federal loan to a troubled solar energy company in such a way that private investors — including a fundraiser for President Barack Obama — moved ahead of taxpayers for repayment in case of a default, government records show. Administration officials defended the loan restructuring, saying that without an infusion of cash earlier this year, solar panel maker Solyndra Inc. would likely have faced immediate bankruptcy, putting more than 1,000 people out of work. Even with the federal help, Solyndra filed for Chapter 11 bankruptcy protection earlier this month and laid off its 1,100 employees. The ...
Party Central Spins: Supreme Leader not briefed on Solyandra, it's the Chicom's & International Market's fault
Post Date: 2011-09-16 19:12:20 by Happy Quanzaa
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Carney: Obama Not Briefed On Solyndra "There's nothing much to brief him on."
Libyan al-Qaeda Gets Seat at United Nations (Obama humanitarian assistance)
Post Date: 2011-09-16 18:17:26 by Hondo68
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The United Nations has approved a seat for al-Qaeda at the globalist forum. From the Associated Press: The U.N. General Assembly voted Friday to give Libya's seat in the world body to the former rebels' National Transitional Council which led the rebellion that ousted Moammar Gadhafi. The resolution was approved Friday by a vote of 114-17 with 15 abstentions, revealing divisions in Africa and Latin America over who should represent Libya. Khalifa Haftar is a documented CIA asset. The so-called National Transitional Council includes members connected to al-Qaeda. Infowars.com, Prison Planet.com and others, including historian author Webster Tarpley, have pointed out the fact that ...
Government Electric responds to charges of crony capitalism
Post Date: 2011-09-16 06:45:08 by Happy Quanzaa
1 Comments
GE responds to charges of crony capitalism General Electric, with a larger lobbying budget than any other company in America, has long lobbied for and profited from Big Government. Since Obama tapped GE CEO Jeffrey Immelt as Job Czar, this critique has spread throughout the Right. When it came out that GE's U.S. corporate income tax bill for 2010 was $0, anti-GE sentiment grew on the Left and Right. Finally, at the latest Republcian debate Newt Gingrich attacked GE for profiting from Obama-style green-energy loopholes. So today, GE responds: "There has been a lot of talk lately about GE and what some call crony capitalism. Unfortunately, those same people don’t want the ...
Dylan Grice Deconstructs The "Perpetual Ponzi Machine" Of Global Finance, Sees Gold At $10,000 In A World Of Dishonesty
Post Date: 2011-09-15 17:18:33 by Capitalist Eric
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Everyone, especially various textbook "schools" of postmodernist Keynesianism which (in addition to apparently never having actually been in the real world) believe there is such a thing as a free lunch as long as a reserve currency can issue infinite debt, and stubbornly fail to see the creeping currency devaluation which ultimately represents itself in hyperinflation, should read the following note from SocGen's Dylan Grice who explains pretty much... everything, including why in world starved for honesty, gold is the benchmark, and is now worth $10,000. Key extracts from: The market for honesty: is $10,000 gold fair value? (highlights ours) Last week, the Swiss National ...
Former CFO of 'green' group pleads guilty to fraud
Post Date: 2011-09-14 16:14:07 by Happy Quanzaa
2 Comments
NASHVILLE, Tenn. (AP) - The former chief financial officer of a Knoxville nonprofit group that promotes energy from renewable sources has pleaded guilty to skimming federal funds. Cameron J. Potter worked for the Southern Alliance for Clean Energy. Assistant U.S. Attorney Frank Dale told U.S. District Judge Thomas Phillips on Tuesday that Potter concocted a scheme in 2006 to skim $400,000 in Department of Energy grant money by creating phony invoices - a plot that he carried out for three years. In a plea agreement, Potter pleaded guilty to fraud and money laundering, according to The Knoxville News-Sentinel (bit.ly/nErcg7). Potter must also reimburse the government with money from him ...
President Obama's Tax On Soup Kitchens
Post Date: 2011-09-14 16:11:09 by Happy Quanzaa
1 Comments
FYI – Yesterday, it was announced that an astounding 1 in 6 Americans are living in poverty. President Obama's response? To demand a tax on donations to soup kitchens and other charities that help people desperately in need. The President's proposal will impact approximately 40% of all the tax deductible contributions, and essentially penalize soup kitchens, hospitals, and churches that provide essential services to those who need them most. It’s no wonder this tax hike has been rejected on both sides of the aisle. Background: US Poverty Rate Swells To Nearly 1 In 6. The ranks of America's poor swelled to almost 1 in 6 people last year, reaching a new high as ...
Obama admin tries to blame Bush for Solyndra
Post Date: 2011-09-14 14:41:08 by Happy Quanzaa
2 Comments
As the Congressional hearing on the failed solar energy manufacturer Solyndra gets under way, it's already clear that the Obama administration is prepared to fall back on a tried and tested strategy: blaming Bush. In prepared testimony released ahead of the hearing before the House Energy and Commerce committee, the director of the Department of Energy's loans office, Jonathan Silver, emphasizes that the program that eventually granted a $535 million loan guarantee to the troubled firm was created during the Bush administration. Not only that, Silver says, "Solyndra submitted its initial application in 2006, and much of the extensive due diligence on the transaction was ...
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