Tuesday, November 15, 2011

More On Obama's Green Crony Crusades

Putting green lipstick on a pig doesn’t turn that pig into Ralph Nader. A full generation after the movement kicked off, too many greens are still clueless babes in the woods, regularly taken to the cleaners by cunning and clever corporate interests who know how to say all the right words. Like ethanol, solar and subsidy.

There may be a dumber mass movement in the country than the fuzzy minded sentimentalists of the great green herd, but it isn’t easy to figure out which mass movement that would be. _WalterRusselMead

There is no pig like political pigs feeding from the public trough. And no one lays on a better pigfest for his supporters and cronies than the current US President, Barack H. Obama.

at least 10 members of Obama’s finance committee and more than a dozen of his campaign bundlers were big winners in getting your money. At the same time, several politicians who supported Obama managed to strike gold by launching alternative-energy companies and obtaining grants. How much did they get? According to the Department of Energy’s own numbers ... a lot. In the 1705 government-backed-loan program, for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president, people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. Their political largesse is probably the best investment they ever made in alternative energy. It brought them returns many times over. _Newsweek

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