“This is a classic example of this toxic combination of lemon socialism and crony capitalism. The lemon socialism part is the old story of industrial policy. Meaning smart people in Washington, or people who think they’re smart, elected officials and bureaucrats, and they bring in experts who think they’re even smarter, that decide which are the industries of the future as if they know and the market doesn’t.” …. “you destroy an economy when you think that a politician in a centralized capitol knows where capital ought to be allocated. “
Archive for Category: "Corruption"
September 19, 2011 07:24
Krauthammer: Obama’s “toxic combination of lemon socialism and crony capitalism’
September 19, 2011 05:32
Pay To Play? – Its the Chicago way
Kaiser Family Foundation 2009 grant to Michelle Obama’s ‘Urban Health Initiative’ sparks more Solyndra ‘crony capitalism’ questions – Daily Caller
September 17, 2011 10:48
White House scandals keep coming – Did Obama’s former investment play role in pressuring 4-star general to change testimony?
It seems that Obama himself has a personal interest in LightSquared and may have pressured the Air force general to change congressional testimony to protect “rich” campaign contributors. – Story at HotAir
September 17, 2011 10:42
Palin: Crony Capitalism on Steroids from GE to Solyndra
Obama has his sights set on raising $1 billion for his reelection campaign. Raising that money won’t be easy. But if you can hand out other people’s money to friends, it must get a whole lot easier.
September 17, 2011 09:55
O’Reilly and Dobbs on Obama Administration: Throw the Scandal Plagued Bumbs Out
Bill O’Reilly and Lou Dobbs discussed the latest scandals involving the Obama Administration. The popular TV hosts agreed that Americans are ready to “throw the bumbs out” especially those Americans who are struggling. – Jim Hoft
September 16, 2011 05:59
Is Mexico Our Ally or Our Enemy
American politicians are too quick to criticize Mexico, neglecting the fact that it is our most important ally in the drug war and that its government and people are carrying more than their fair share of the burden piled high by U.S. drug abuse.
September 15, 2011 10:05
Obama reversed Solyndra loan denial – bailed out big contributor
Rep. Tim Murphy exposes the pay to play deal that protected Tulsa billionaire and Obama fundraiser George Kaiser which cost taxpayers half a billion. Team Obama reversed denial of the loan shortly after Obama took office and ignored the law in restructuring the loan to protect Kaiser’s private investment instead of the taxpayer funds.
September 15, 2011 09:56
Solyndragate cash for contributors program started two weeks after Obama’s election
two weeks before President George W. Bush left office, the Energy Department’s credit committee voted against a loan commitment for Solyndra. – IBD
September 15, 2011 04:15
Obama Green Jobs scandal continues – its a hoax!
Its the Chicago way. Obama took Chicago style thug politics national in paying off supporters and punishing opponents. The “green jobs” propaganda is cover to steal from American taxpayers and give to campaign supporters. Remember GM giving the unions preferential treatment and billions of dollars? The main Solyndra investor is a billionaire Obama supporter who has bundled millions for Obama and Democrats. When the company saw trouble coming the government loan was restructured to put Obama’s supporter before taxpayers in any bankruptcy payments.
September 14, 2011 08:58
NBC highlights “green embarrassment” – White House involved in bankrupt Solyndra loans
Politics at its worst. A big Obama donor who frequently visited the White House is a principal in the bankrupt “green” energy company which received millions in government loan guarantees pushed through by White House pressure over objections to its viability.
