Monthly Archives: June 2012

DNC Fires Debbie Wasserman-Schultz You Can Help Florida Do The Same

By Gary P Jackson

The democrat party chose Congresswoman Debbie Wasserman-Schultz as it’s chairman, and it’s been a circus ever since. DWS is one of the most hateful partisan hacks in politics today. She has done more to raise money for Republicans than she has democrats. Now it looks like the DNC is cutting her loose.

From Erika Johnsen at Hot Air:

When it comes to facepalm-worthy political gaffes, Democratic National Committee Chairwoman Debbie Wasserman Schultz has given Vice President Biden a run for his money. While nobody could doubt her fierce loyalty to President Obama, the execution of her vociferous defense is often somewhat… wanting.

From insisting that Republicans hope to “literally” drag the nation back to the era of Jim Crow laws (and then trying to deny she had said any such thing, after she had said it on camera), to calling Rep. Paul Ryan’s budget proposal a “tornado through nursing homes,” her tenure has been fraught with hostile and outrageous comments that provide Republicans with continued gifts of political fodder.

From the Shark Tank, it looks like Democrats are just about ready to call it quits with Debbie’s leadership, and are giving her a gentle shove out the door after November’s elections regardless of the results.

Read more here.

A little something from American Crossroads about Debbie Downer:

DWS is just as pathetic as a member of Congress, and Florida deserves much better.

We support business owner Karen Harrington as just the person to send Debbie packing. Karen is a Common Sense Conservative. And she has the backing of some of the nation’s leading Conservatives.

Florida, and America, deserves better than Debbie Wasserman-Schultz. We deserves someone who understands how business works. Someone who understands what America is all about.

Florida has yet to have it’s primary, and Karen Harrington does have a few challengers. It’s not too late though, you can still help her with your support. Check out her website and follow her on Facebook and Twitter.

Don’t let this opportunity to send a principled Conservative to Congress pass you by.

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Insider Trading: John Boehner, Ben Nelson, Barney Frank, and 31 Other Lawmakers Adjusted Financial Portfolios During 2008 Financial Meltdown

By Gary P Jackson

Imagine this: In early 2008, as the financial markets were in free-fall, members of Congress, including John Boehner, Ben Nelson, Mitch McConnell, and Barney Frank, were burning up the phone lines between their offices and Treasury Secretary Hank Paulson’s, Fed Chair Ben Bernanke’s and Tim Geithner’s offices. The results of these calls saw them using the insider information given to them by Paulson in order to make adjustments to their financial portfolios. All in all, 34 members of Congress used insider information to save their own stock portfolios, while the rest America took a bath on their investments, losing big time.

The Washington Post has published an explosive [and lengthy] accounting of the behind the scenes wheeling and dealing that was going on as America teetered on total financial collapse. [emphasis mine]

Lawmakers reworked financial portfolios after talks with Fed, Treasury officials

In January 2008, President George W. Bush was scrambling to bolster the American economy. The subprime mortgage industry was collapsing, and the Dow Jones industrial average had lost more than 2,000 points in less than three months.

House Minority Leader John A. Boehner became the Bush administration’s point person on Capitol Hill to negotiate a $150 billion stimulus package.

In the days that followed, Treasury Secretary Henry M. Paulson Jr. made frequent phone calls and visits to Boehner. Neither Paulson nor Boehner would publicly discuss the progress of their negotiations to shore up the nation’s financial portfolio.

On Jan. 23, Boehner (R-Ohio) met Paulson for breakfast. Boehner would later report the rearrangement of a portion of his own financial portfolio made on that same day. He sold between $50,000 and $100,000 from a more aggressive mutual fund and moved money into a safer investment.

The next day, the White House unveiled the stimulus package.

Boehner is one of 34 members of Congress who took steps to recast their financial portfolios during the financial crisis after phone calls or meetings with Paulson; his successor, Timothy F. Geithner; or Federal Reserve Chairman Ben S. Bernanke, according to a Washington Post examination of appointment calendars and congressional disclosure forms.

The lawmakers, many of whom held leadership positions and committee chairmanships in the House and Senate, changed portions of their portfolios a total of 166 times within two business days of speaking or meeting with the administration officials. The party affiliation of the lawmakers was about evenly divided between Democrats and Republicans, 19 to 15.

The period covered by The Post analysis was a grim one for the U.S. economy, and many people rushed to reconfigure their investment portfolios. The financial moves by the members of Congress are permitted under congressional ethics rules, but some ethics experts said they should refrain from taking actions in their financial portfolios when they might know more than the public.

They shouldn’t be making these trades when they know what they are going to do,” said Richard W. Painter, who was chief ethics lawyer for President George W. Bush. “And what they are going to do is then going to influence the market. If this was going on in the private sector or it was going on in the executive branch, I think the SEC would be investigating.

Boehner, now the speaker of the House, declined to discuss his transactions. His spokesman said they did not pose a conflict because a financial adviser executed them and they were made in diversified mutual funds. Other lawmakers also said their financial advisers handled their trades. They said that the timing of the trades and the conversations was “coincidental and that they did not adjust their portfolios based on what they were told by the administration officials.

Questions about conflicts of interest and possible insider trading on Capitol Hill prompted Congress to pass the Stock Act this year. The act specifically bans lawmakers, their staffs and top executive branch officials from knowingly using confidential information gleaned from their legislative roles to benefit themselves, their family members or friends.

The act does not prohibit lawmakers from trading stocks in companies that appear before them or from reworking their portfolios after briefings with senior administration officials. Top executive branch officials are banned from investing in industries they oversee and can influence — for example, Fed chairmen are prohibited from investing in the financial sector.

The Post analysis did not turn up evidence of insider trading. Instead, the review shows that lawmakers routinely make trades that raise questions about whether members of Congress have an investing advantage over members of the public.

Members of Congress are still loosey-goosey about what they require of themselves,” said Painter, who teaches securities law at the University of Minnesota. I think it’s time for Congress to impose the same rules on themselves that they impose on others. The Stock Act doesn’t do that.

A shift to Treasury securities

In late 2006, Congress started crafting legislation to overhaul Fannie Mae and Freddie Mac, a major effort to stem a rising tide of defaults on risky loans given to home buyers with poor credit.

As Congress worked to rein in the two government-sponsored lenders, Fannie and Freddie pushed back with aggressive lobbying campaigns, stalling the effort in early 2007.

Paulson started working the Hill, trying to break the deadlock and win support for the revisions. He called and met with a number of members of Congress, including Sen. Ben Nelson (D-Neb.), on this and other reform efforts.

Paulson and Nelson spoke on Jan. 10. The next day, Nelson sold between $250,000 and $500,000 in Lehman Brothers certificates of deposit. (Congressional financial disclosure forms list only approximate ranges.) Nelson also purchased between $100,000 and $200,000 in Treasury notes, a safer investment.

On Feb. 12, Paulson met at 4 p.m. with Nelson in the lawmaker’s office in the Hart Senate Office Building. That day, Nelson bought $50,000 to $100,000 in Treasury bills.

That year, Nelson had only one other call with Paulson and no other meetings, records show. He made 103 other trades during the year, eight of which exceeded $100,000.

Nelson declined to be interviewed. A spokesman said that the senator discussed only policy matters related to disabled veterans during the call and meeting with the Treasury secretary and that the senator learned nothing that would have influenced his trades.

Like everyone in Congress, Senator Nelson is bound by the laws, rules and guidelines established for members of Congress,” Nelson spokesman Jake Thompson said in a statement. “He carefully follows both the spirit and intent of them. He has not, and would not, have conversations with Executive Branch officials about matters affecting his personal finances.”

Under congressionally imposed ethics laws that cover Treasury secretaries, Paulson and Geithner would have been prohibited from making the same investments. Congress prohibits Treasury secretaries from investing in financial institutions or Treasury securities.

Nelson “has often sought and had one-on-one conversations with numerous cabinet secretaries under both President Bush and Obama on dozens of issues before Congress,” Thompson said in an e-mail. “That’s what good legislators do, they seek dialogue and understanding at the senior level about local, state and federal policy matters, as well as foreign policy issues.

Read much more, starting here.

The article goes on to lay out more of these trades, and while it doesn’t name all 34 lawmakers, it does expose ranking members from both parties. It seems in Washington, the one thing that is always bi-partisan, is corruption.

Though the post claims then Speaker of the House Nancy Pelosi wasn’t involved in these schemes, as we reported in November of last year, she is up to her ears in corruption.

Though they might not meet the legal definition of insider trading, these actions by trusted lawmakers certainly do in spirit. Members of both parties have bee writing legislation, or in some cases defeating legislation, depending on nothing more than how it effects their personal fortune.

In December of last year, Sarah Palin, who made her bones sending corrupt politicians to prison, wrote:Congress, It’s Time to Stop Lining Your Pockets demanding reform. She championed a much tougher law than what was eventually passed. The law we have now is weak and mostly window dressing. It was passed to make it look like Congress cared what the people want, but doesn’t actually do much.

No one begrudges anyone, even lawmakers, for making money, but it’s quite troubling to see how many come to Washington with little or no money, and become multi-millionaires while in office.

It’s beyond time we stop putting up with this nonsense. We need sudden and relentless reform. Congress must be made to live under the same rules as the rest of us, and that includes going to jail when they break these rules.

Make no mistake about this, corruption exists in both political parties and at the highest levels. The democrat party is unacceptable for so many reasons beyond the corruption, but if the Republican Party doesn’t get it’s act together, it may well be time to start working on a serious, viable third party. Or should I say a strong viable replacement for the Republican Party.

When the new Congress convenes in January, the first order of business will be to elect a Speaker of the House. In my opinion John Boehner must be replaced. The same goes for Minority Leader Mitch McConnell. Surely, out of 535 Senators and Congressmen, there are suitable replacements for both. If not, we have bigger problems than just a few corrupt lawmakers, that’s for sure.

Congress needs to take up sudden and relentless reform and they need to do it now. What Congress is doing now is unacceptable.

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Arizona Governor Jan Brewer to Greta: Obama Regime Told Us Drop Dead

By Gary P Jackson

Governor Jan Brewer talks about the Supreme Court ruling, as well as the continued harassment by the Obama regime.

It’s apparent the regime is out of control.

Video courtesy SarahNet

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Congressman Ben Quayle Talks to Neil Cavuto About SCOTUS Decision

By Gary P Jackson

Congressman Ben Quayle talks about the Supreme Court decision on Arizona’s immigration law.

Video courtesy of SarahNet

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Dewhurst Claims He Never Supported Payroll Tax But Press Release After Passage Says Different

By Gary P Jackson

Lt Governor David Dewhurst is one of those kind of politicians who lies when the truth would work better. The latest lie came in the debate between he and Ted Cruz. In the debate Dewhurst claims to have never supported a payroll tax, but a 2005 press release, made after the law was passed, says otherwise.

Speaking of taxes, let’s not forget that Dewhurst has also supported the idea of an income tax for Texas residents.

In 2005 the Wall Street Journal noted this in an editorial entitled Deep in the Heart of Taxes: [emphasis mine]

Everything’s big in Texas, and, if powerful Republican Lieutenant Governor David Dewhurst has his way, that will soon include the state budget. Allow us to explain.

For almost a decade now Texas has been grappling with court orders to provide “equitable” financing for the state’s school system. The Republican-controlled legislature has now interpreted this to mean that the entire tax system in Texas has to be scrapped to raise more money. That makes us as skittish as a cat near a bathtub, because Texas’s status as one of only nine states without an income tax is in serious peril. Both the state Senate and House have endorsed what Mr. Dewhurst — whose post of Lieutenant Governor is nearly as powerful as Governor in the state — is calling a “wage tax.”

A wage tax is of course a fancy disguise for a personal income tax, and imposing one is a sure way to put a state on the path to slower growth. Since 1990 the nine states without income taxes have enjoyed twice the rate of job growth and 2.5 times the population growth of the highest income tax states. Capital, jobs and economic development in America are migrating from high-tax states to low, and from blue states to red. Why would fast-growing Texas want to imitate New York and Massachusetts?

The hot political issue in Texas this year, as in at least a dozen other high-growth states, is skyrocketing property tax assessments. In order to cut real estate taxes as home values rise, the Legislature has proposed a vast conglomeration of even more noxious levies, fees and assessments. At one time or another this year GOP legislators have proposed the wage tax, a one percentage point hike in the sales tax that would give Texas the highest sales tax in the nation at 9.75%, a business value-added tax, a 4% business-profits tax, a tax on cars, and an assortment of sin taxes on cigarettes, liquor and even snack foods.

All of these taxing schemes are allegedly necessary to fix the Texas school system. Along these lines the Legislature is set to lift outlays for its two-year budget to $137.5 billion from $118 billion, or 12.5% a year — the biggest two-year bulge in Texas history.

Mr. Dewhurst defends his plan by trotting out the kind of class-warfare reasoning normally reserved for Washington. What good Texan is going to have real heartburn about paying — out of $650,000 — $6,000 to $9,000 to improve the education of our youngsters?” he asked last week.

We’re all for youngsters getting a better education, but in Texas and other states under court orders “equity” has become a code word for Robin Hood financing schemes that redistribute school cash. This has reduced the authority of local school districts and parents, while empowering the blob of state-run education departments and teachers unions with a stranglehold on the schools. A Texas Public Policy Foundation study last year found that the state’s high-spending school districts are no more efficient in educating kids than the low-spending districts.

There is a better way out of this fiscal mess. Brooke Rollins, director of the Texas Public Policy Foundation, has suggested a tax plan that would: cut residential and commercial school property taxes by 20%; eliminate the hated business franchise tax, which hammers high-capital investment companies; avoid any payroll/income tax scheme; and make up for lost revenues by broadening the base of the sales tax to many consumer services while raising the sales tax rate by 0.5%. Hold state spending growth to merely the rate of inflation, and the current 8.75% sales tax rate wouldn’t have to be raised at all.

We hope Governor Rick Perry, who heroically closed a $10 billion budget deficit without a penny of new taxes at the start of his term, is listening. Mr. Perry has pledged to veto “any tax bill that would be a job killer.” A wage tax is a toll on employers for hiring workers, and according to one study the latest Senate plan would cost about 40,000 jobs, or the equivalent of eight auto factories.

In 2002 Texas voters gave Republicans control of the Legislature for the first time in 100 years on a pledge to keep government spending under control and maintain a pro-growth tax system. The Dewhurst plan violates both of those conservative governing principles and is the surest way to get the GOP thrown out of office. Better get your veto pen handy, Governor.

Notice Dewhurst went right to the time honored liberal canard of claiming it’s “for the children

Texans remember the lottery was sold as a way to finance education. But as we know, when you give big spenders more money, they’ll simply find more ways to spend it.

The Wall Street Journal praises Governor Rick Perry for his [and Dewhurst’s] smoke and mirrors budget “savings,” but as our Whitney Pitcher pointed out last August:

During the fiscal years for which Rick Perry exercised budgetary authority as Governor of Texas (FY02 through FY10)

• Debt outstanding increased 184.2%, or 20.5% per year

• Per capita debt outstanding increased 140.4%, or 15.6% per year

• Total liabilities increased 60.6%, or 6.7% per year

• Total liabilities per capita increased 35.8%, or 4.0% per year

That’s the worst record of any Governor who ran for President this cycle.

David Dewhurst is the typical liberal Republican Establishment candidate. He has a poor record here in Texas, and there is no sound reason to export our problem to Washington, where he can do even more harm.

David Dewhurst is wrong for Texas and even wronger for Washington.

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Utah Poll: Orrin Hatch 60% Dan Liljenquist 32%

By Gary P Jackson

Looks like smooth sailing ahead for Sarah Palin’s candidate in the Utah Senate race. Senator Orrin Hatch is leading phony Tea Party candidate Dan Liljenquist 60% to 32% in the Republican primary.

From Deseret News:

SALT LAKE CITY — Sen. Orrin Hatch has a significant lead over his opponent in Tuesday’s GOP primary, former state lawmaker Dan Liljenquist, according to a new Deseret News/KSL-TV poll.

Sixty percent of the registered voters in Utah polled who said they will vote in the Republican primary backed Hatch’s bid for a seventh term in the U.S. Senate. Just under one-third of the respondents, 32 percent, said they supported Liljenquist.

The poll, conducted June 15-21 by Dan Jones & Associates, has a margin of error of plus or minus 3.6 percent.

Those are very good numbers for the senator,” Hatch’s campaign manager, Dave Hansen, said. “It’s nice that the voters of Utah, the Republican voters, have that much confidence and support for him.

Liljenquist, who forced Hatch into his first primary in 36 years at April’s state GOP convention, said he’s not surprised by the poll results.

Our biggest challenge by far is name recognition,” Liljenquist said. “We’re going after a guy who has perfect name recognition in this state and has reinforced it with $10 million of spending and big endorsements,” including the presumptive GOP presidential nominee, Mitt Romney.

Hatch has been campaigning hard ever since Republican delegates ended Sen. Bob Bennett’s re-election bid two years ago at the party’s state convention. Bennett’s replacement, Sen. Mike Lee, is a key figure in the tea party movement.

The national tea party organization FreedomWorks, as well as former GOP presidential candidate Rick Santorum, have endorsed Liljenquist, seen by his supporters as a conservative alternative to Hatch.

But while Hatch reported raising more than $10 million since he last appeared on the ballot in 2006, recent Federal Election Commission filings show Liljenquist personally contributed about half of the nearly $800,000 raised by his campaign.

Pollster Dan Jones said Liljenquist has not been able to build on his convention success. There, Liljenquist won the votes of more than 40 percent of the GOP delegates while Hatch fell just short of the 60 percent he needed to become the nominee.

I just didn’t see any movement for Liljenquist,” Jones said.

Read more here.

One of the likely reasons Liljenquist is having trouble gaining traction is his talk of raising taxes, in cooperation with the democrats, if elected. Senator Hatch has been strongly against such folly.

H/T: Michael

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Sheriff Joe Arpaio Talks About Supreme Court Decision With Neil Cavuto

By Gary P Jackson

Maricopa County Sheriff Joe Arpaio talks to Neil Cavuto about the Supreme Court’s ruling on Arizona’s immigration law.

Video courtesy SarahNet

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Failing Fisker Featured in Obama Regime Propaganda as a Positive Sign The Department of Energy has It’s Act Together

By Gary P Jackson

This Fisker Karma is yet another case of the federal government, through the Department of Energy, funding a turd with a shiny paint job.

Before we go further, readers need to know that former Vice President Albert Gore, Jr., the Bernie Madoff of the global warming scam, is a major investor in Fisker and no doubt played a part in securing over a half-billion dollars of your tax dollars in loan guarantees for this lemon. From the Wall Street Journal in 2009:

Gore-Backed Car Firm Gets Large U.S. Loan

WASHINGTON — A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.

The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster. Tesla is a California startup focusing on all-electric vehicles, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns.

The awards to Fisker and Tesla have prompted concern from companies that have had their bids for loans rejected, and criticism from groups that question why vehicles aimed at the wealthiest customers are getting loans subsidized by taxpayers.

This is not for average Americans,” said Leslie Paige, a spokeswoman for Citizens Against Government Waste, an anti-tax group in Washington. “This is for people to put something in their driveway that is a conversation piece. It’s status symbol thing.

DOE officials spent months working with Fisker on its application, touring its Irvine, Calif., and Pontiac, Mich., facilities and test-driving prototypes.

Matt Rogers, who oversees the department’s loan programs as a senior adviser to Energy Secretary Steven Chu, said Fisker was awarded the loan after a “detailed technical review” that concluded the company could eventually deliver a highly fuel-efficient hybrid car to a mass audience. Fisker said most of its DOE loan will be used to finance U.S. production of a $40,000 family sedan that has yet to be designed.

It’s the ability to drive significant change in fuel economy across a large market segment” that swayed the department to approve the Fisker loan, Mr. Rogers said. “We got quite excited.

Henrik Fisker, who designed cars for BMW, Aston Martin and Tesla before starting his Fisker Automotive in 2007, said his goal is to build the first plug-in electric hybrids that won’t sacrifice the luxury, performance and looks of traditional gas-powered luxury cars.

The Karma will target an exclusive audience — Gore was one of the first to sign up for one. Mr. Fisker says all new technology starts out being expensive. He pointed to flat-screen televisions that once started at $25,000 but are now affordable to the mass market.

Couple of things to note. One, the Karma which had a target price of $89,000 actually stickers for around $109,000. There is, at this time no $40,000 “family sedan” in the pipeline. And despite being an “American startup” the car is built in Finland by Valmet Automotive.

Also, not only are taxpayers on the hook for Fisker, we are also on the hook for another half-billion to Tesla, which builds it’s cars in the UK.

A billion dollars in loan guarantees to companies who manufacture their product overseas. Why?

The only good news? Someone at the Department of Energy was actually paying attention and realized Fisker was having all sorts of production issues, and froze the loan money. The bad news is $193 million had already been given to Fisker before anyone was paying attention.

Consumer Reports recently tested the Fisker Karma, or at least attempted to. The thing broke down before they could actually test it. According to CR the first time in their history any vehicle broke before they could test it.

Ooooh, that is bad Karma.
A six-figure Fisker Karma electrified sedan broke during Consumer Reports check-in period, before the magazine even could begin testing it, delivering another black eye to the struggling automaker.

Our Fisker Karma cost us $107,850. It is super sleek, high-tech—and now it’s broken,” the magazine lamented in its blog today in an item headlined “Bad Karma.”

More here.

The dealer CR purchased it from did repair the car and it was subsequently tested.

The car has had numerous problems, including a massive $55 million battery recall.

Fisker, which has sold 650 cars worldwide since it’s creation has been able to secure private financing, but as the Wall Street Journal pointed out in April:

In a recent lawsuit, an individual investor in Fisker said that he was forced to buy more shares or risk losing his original investments in a prior round. The lawsuit characterized Fisker’s current financial situation as one in serious immediate need of new capital.

This brings us to the latest. The Obama regime is actually touting Fisker as a “success story in a propaganda piece called Beyond Solyndra.

Department of Energy officials are a bit sore about Solyndra, the solar panel company that received $535 million from their stimulus loan guarantee program and abruptly declared bankruptcy, leaving 1,800 workers without a job and taxpayers on the hook.

So, in order to combat the negative press about their green energy programs, DOE officials have created a slideshow highlighting their favorite loan recipients. They titled it “Beyond Solyndra” because they want Americans to understand that their program is about much more than one bad company. Or even three bad companies, if you count two other recent “green energy” bankruptcies — Beacon Power ($43 million DOE loan guarantee) and Ener1 ($119 million DOE grant). But who’s counting?

The department’s “Beyond Solyndra” presentation laments all of the unfair news coverage. “[W]hile critics have focused their attention on the Department’s loan guarantee to Solyndra,” it states, “the full story is that the Department’s loan portfolio as a whole is having a transformative impact.” Indeed — DOE also funds transformative firms like Fisker, a Finnish electric car company that is featured in the department’s slideshow. Fisker received a $529 million loan guarantee. Fisker’s Karma, a $115,000 electric car, received the 2012 Design of the Year award from Automobile Magazine — a fact that DOE’s slideshow makes sure to mention.

Unfortunately, Fisker reportedly plans to cancel the manufacture of vehicles in the United States. Last May, its loan guarantee was frozen by DOE because, as a department spokesman explained at the time, “Fisker has experienced some delays in its sales and production schedule.Two months after winning the design award, Fisker laid off 66 employees since it was running out of the $193 million of the loan that DOE had already disbursed.

In noting how cool Fisker’s Karma design really is, Automobile Magazine offered this caveat: “There is no way to know yet whether Fisker will be a Lamborghini-style success or a DeLorean-style failure.” The latter is looking increasingly likely. In April, Fisker threatened to pull out of Delaware unless it got more government help — three years after Vice President Biden’s 2009 visit to its factory there. That factory was supposed to employ about 2,500 people by now, but USA Today reported in April that it is “absolutely empty.

Given all this, and the $193 million that taxpayers could lose, it is surprising that Fisker would be featured in the Obama administration’s official propaganda as a positive sign of what the Department of Energy is doing. On the other hand, it seems oddly fitting that President Obama’s administration would think it grounds to boast that it has subsidized a car that looks cool but doesn’t sell.

As I noted in an earlier piece, it’s past time to get government out of the banking business. Government, at any level, has no business financing private industry. It’s been proven over and over that politicians and bureaucrats suck at picking winners and losers. With few exceptions, they’ll pick a loser every time.

As we are seeing, there IS private money out there. There was no need to hand Fisker a wad of tax payer cash. Same goes for Tesla Motors. What’s even more disgusting is this stimulus money, money that was supposed to be used to create jobs in America, actually created jobs in Finland and Great Britain!

Global warming is a hoax, a con, but the government believes in it so much, that billions upon billions of dollars have been thrown at every clown who shows up with some new “green” idea. None of these ideas pan out, and with few exceptions, the companies go bankrupt, meaning the tax payers loose again.

We need serious, sudden, and relentless reform in government, at every level. One of those reforms needs to be an understanding that BANKS and VENTURE CAPITAL FIRMS loan money. It’s their job. They are the experts.

You don’t see bankers showing up at the DOE trying to do that job, do you? Governments shouldn’t try to do the banker’s job either. They are no good at it. And it’s destroying the country. The U.S. government is nearly $16 TRILLION in debt and borrows forty cents out of every dollar spent from China.

This is insanity. And it’s destroying the nation’s future and the future of generations to come.

This has to stop.

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The Obama Regime’s 2012 Campaign Strategy in One Picture

By Gary P Jackson

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Video: Blacks Would Not Be Democrats If They Only Knew This

By Gary P Jackson

Reverend C. L. Bryant talks to Politichicks Ann-Marie Murrell, Sonnie Johnson, Morgan Britney, and Dr. Gina Louden about the new film Runaway Slave.

A powerful interview about a powerful movie that discusses an essential truth. Learn more about the movie at: www.runawayslavemovie.com

Runaway Slave is one of the most important films of the year, it follows the Reverend C. L. Bryant as he travels a new underground railroad upon which black conservatives are speaking out against big government policies.

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