Obama's Green Robber Barons

· Wednesday, January 25, 2012

Had enough of fat cat Barack Obama, his jet-setting wife and his multi-millionaire Chicago consigliere/real-estate mogul Valerie Jarrett attacking the "rich"? Well, brace yourselves. You'll be hearing much more from the White House about the "wealthy few" who aren't paying their "fair share" as Obama's re-election campaign doubles down on class-war demagoguery.

As usual, there's always a set of immunity charms for the privileged friends and family of the ruling class. When it comes to all the Green Robber Barons who've reaped an obscenely unfair share of billions of tax dollars from the Obama administration, the envy trumpeteers will be quieter than a nest of mute church mice.

Obama's State of the Union address defiantly pitched a new round of clean energy spending orgies to help the "middle class." But how have the serial bankruptcies and near-bankruptcies of several federally subsidized solar companies -- all under Obama's watch -- helped anyone but an upper-crust elite of eco-crats and their lobbyists and consultants?

Bankrupt Solyndra, billionaire George Kaiser. In the wake of the half-billion-dollar Solyndra stimulus bust, company officials revealed plans to hand out hefty bonuses totaling $500,000. Months before the politically connected solar energy manufacturer went belly up, it was doling out bonus payments of between $40,000 and $60,000 to several executives. Last week, a local CBS News crew caught employees at the Silicon Valley headquarters trashing solar panel glass tubes worth an estimated $10 million.

The now-abandoned Taj Mahal complex cost ordinary Americans more than $733 million. But billionaire Democratic donor and frequent White House guest George Kaiser, whose nonprofit foundation was Solyndra's biggest investor, is still sitting pretty. He and the other private investors of Solyndra will recoup their losses ahead of taxpayers. And while they blast their GOP opponents, double-standard Democrats will remain AWOL on the glaring tax-avoidance strategies of the wealthy Kaiser Family Foundation.

Bankrupt Beacon Power, fat Democratic coffers. This green energy storage plant filed for bankruptcy last fall after a $43 million injection of Obama Department of Energy loan guarantees. Federal election record filings show that CEO William Capp contributed to the 2008 Obama campaign, as well as several left-wing New England Democratic candidates. Beacon Power lobbyist Steve Wolfe was a former aide to the late Sen. Ted Kennedy. Beacon sought bankruptcy shelter two days after the White House responded to fiscal watchdogs' demands for a review of the DOE's shoddy loan monitoring programs.

Bankrupt SpectraWatt, red-faced Goldman Sachs. A solar cell company based in New York, SpectraWatt went belly up last August despite a half-million-dollar federal stimulus boost and lucrative backing from politically connected Goldman Sachs -- whose ties reach deep into the Obama Treasury Department, Commodity Futures Trading Commission, White House National Economic Council and 1600 Pennsylvania Ave. itself. The eco-failure was dumped in a fire sale for less than $5 million.

Teetering Nevada Geothermal, cheerleading Harry Reid. Despite $150 million in federal DOE and Treasury Department subsidies -- not to mention personal lobbying by Senate Majority Leader Harry Reid -- this alternative energy project is on the brink of failure. A Deloitte and Touche audit grimly concludes that the company "has incurred net losses over the past several years, has an accumulated deficit of $44.0 million and an anticipated inability to retire its long-term liabilities." According to CBS News, the company's latest SEC filings warn of multiple defaults.

My scouring of White House visitor logs shows nine visits from another Green Robber Baron, Illinois-based Exelon's CEO John Rowe, who met with the president and former chief of staff Rahm Emanuel multiple times. As Forbes magazine reported: The clean energy company "has very deep ties to the Obama Administration. Frank M. Clark, who runs ComEd, helped advise Obama before he ran for president and is one of Obama's largest fundraisers. Obama's chief political strategist, David Axelrod, worked as a consultant to Exelon. Obama's chief of staff, Rahm Emanuel, helped create Exelon" -- where he raked in more than $16 million over two years.

Remember: "Fairness" is in the eye of the wealth redistributors.

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Comments

mmccrindle

Michelle-

Let's not forget George Soros, who has played Obastard like a fiddle getting his Brazillion companies huge windfalls on the American taxpayers expense.

The Obastard administration effectively knocked Beechcraft out of the running for a massive military light fighter plane contract. A business in Brazil is now the only bidder. Soros, a heavy investor.

Over 2 billion tax payer dollars have gone to a Brazillion company to build their offshore oil producing infrastructure. Soros owns a 20% stake. Obastard sang praises to Brazil and said we'd be their best customers. Turns out Brazil just promised China the lions share of the oil promising top dollar.

Soros must be laughing his a$$ off!

Hey George! - I'm glad you're 85 and can't buy yourself a heaven. The first thing you're going to pay for is the gold you took off your own people in WW11.

Go to hell old man. Please take all your cronies with you.

Posted January 25, 2012 at 7:56:56 AM


PDK

Good post as usual Michele.

It occurs to me that, most politicians, but especially democrats, have a very particular personality that draws them to governing. I shall call it the good sheppard personality. Obama himself epitomizes this phenomenon.

This personality seems itself to have multible traits such as a God complex, narcisism, selfishness and perhaps a few others. These good sheppard personalities are probably unneeded, but they need to be needed, they are the good sheppard in search of a flock.

Unbelievable as it may seem they do more bad to their flock than good. But this does not concern them, their need is to sheppard a flock, perhaps similar to the mammalian need to parent.

No matter how much these sheppards have done in the past they must always do more for their flock or they are unneeded, therefore government grows, special interest grows and all at the expense of the country.

These personalities have become dangerous to the future welfare of America. It is time for the matured citizens to stand up and declare we are not sheep, we need not a sheppard, in fact we want a sheppard no more. You are no God to me.

What America needs is political leaders without the good sheppard personality, this implies that America cannot afford democrat leadership any more.

Nobama 2012, vote republican. Thank you.

Posted January 25, 2012 at 10:15:32 AM


mmccrindle

@ PDK-

Might it be that these 'good sheppards' have just hit the jack-pot of careers?

Think about it. They don't even have to believe their own BS.

Posted January 25, 2012 at 10:31:42 AM


Paoli Pete

Oh, Michelle Malkin, I just love you so much. It is such a joy to read your articles-- I look forward to them everyweek. Your insights and wit are, indeed, as sharp as your looks. Say, could you write an update on the on-going Knoxville/Chipman St. murder trials? I realize that, with election season fast approaching, you're writing is likely to remain tied up over these upcoming months. Still, since the mainstream media's coverage of this issue is, at best, unreliable, it would be wonderful to hear your thoughts on these crimes/criminals and their subsequent trials/verdicts. Okay. I wish you all the best, Michelle, and please, please keep up the good work!

Cheers,

Pete

Posted January 25, 2012 at 10:58:54 AM


Sammy

mmccrindle

Hey George! - I'm glad you're 85 and can't buy yourself a heaven. The first thing you're going to pay for is the gold you took off your own people in WW11.

Go to hell old man. Please take all your cronies with you

Amen Mccrindle! Couldn't have said it better.

Posted January 25, 2012 at 11:40:36 AM


Richard Ryan

Have been wondering of the Kenyan-born,communist thug and his fat-a#@#d wench will be paying income taxes on the 4.1 million dollar vacation to Hawaii that the American taxpayer paid for. You and I would have to. If my math is correct the income taxes on that amount should be something over 1 million dollars. Oh well, I can always dream.

Richard Ryan

Lamar,Missouri - Birthplace of Harry S Truman

Posted January 25, 2012 at 11:48:39 AM


mmccrindle

@ Richard R.-

Obastard won't be showing any tax filings - plus I'll bet Geitner is doing his taxes for him...he'll be on the hook for about .50 cents.

Posted January 25, 2012 at 12:23:57 PM


billy396

We can all read these facts and shake our heads in wonderment, but that's not going to accomplish anything. We MUST expose Obastard (best alias I've heard yet), and his cronies to the rest of the country. Those people who watch the MSM reports and actually believe that they're hearing anything important or even true are the ones that we must awaken. Our country MUST get rid of Obastard and the rest of his kind like Pelosi, Reid, Et al. I realize that we can't stop her idiot supporters from repeating to vote for Pelosi, but at least we can make sure that everyone knows the truth about what's being done to our country and our Constitution. This website contains information that EVERY American should know:

http://publiushuldah.wordpress.com/category/enumerated-powers-of-congress/ . If we can at least educate the people who are hypnotized by pop culture trash and leftist propaganda, then we'll have a much better chance at regaining some of the freedoms that we've lost. I mourn the fact that I can no longer travel by air unless I allow some idiot to feel me up. I regret the fact that the same TSA can lawfully detain me even if I travel by car, train or bus. We're being forced to finance this theater which is doing nothing to protect anyone from terrorism. If I had children, I'd be even more enraged that our country is being torn apart, bit by bit. The children and grandchildren of today are going to be slaves to a government out of all control and a never-ending mountain of debt so large that we can't begin to reach the interest paymants. We are the next Greece unless we get Obastard out of office NOW. If he's allowed to continue to kill America for another term, there will be nothing left of the Constitution. If you do nothing else, at least educate everyone possible to the truth. I know this is difficult, and sometimes impossible. I'm surrounded at work by union robot zombies who actually believe the pap they're being fed by the union and by the White House/MSM cabal. They can hate me for it, but I REFUSE to stop telling the truth. I hope everyone else will tell the unpleasant truth as much as possible.

Posted January 25, 2012 at 1:02:34 PM


mmccrindle

@ billy396

That moniker 'Obastard' is actually correct-

His flakey mother married his flakier father when he was already married to a few more flakey women.

He really is a bastard.

Posted January 25, 2012 at 5:44:49 PM


rippedchef

if he is re-elected I fear it may be the end of our country as we know it-once the 15 trillion goes to 25 and the bubble bursts its gonna get ugly-me and mine will be armed and ready to protect what is ours-my 8 yr old daughter shot a .22 group you could lay a cookie over,damn good shot

Posted January 25, 2012 at 6:12:46 PM


mmccrindle

Start hoarding ammo - that's next on their agenda.

Posted January 25, 2012 at 8:39:05 PM


Pat

Re: George Soros

In reality, Soros is not some "greek" mogul. His real surname is Schwartz. He and his father capitalized on the misery of their own people in WWII. I believe he is Hungarian. He said himself on a TV video that he loves to manipulate nations' economies by moving money around. Mr. O probably would not be where he is without Georgie's money.

Posted January 26, 2012 at 11:40:50 AM


mwbradish

mccrindle: You made a cogent argument then reduced its impact by using sophomoric names that add nothing to the debate, but make you look small. You'll have more impact if you keep it fact based and logical without strident sounding rhetoric.

Posted January 26, 2012 at 12:24:28 PM


mmccrindle

mwbradish-

You mean that I can't call a spade a spade? And that I shouldn't call Barry Soetoro the Obastard?

.....kill joy.

Posted January 26, 2012 at 3:24:38 PM


A.R. Nash

The Executive branch elites are like James Bond, they have a license to do things that no one else could get away with, they're above the law and responsibility. They have no one to answer to. They are the foxes "guarding" the hen house and we are the hens. They decide what's for dinner. They can line their pockets, and those of their friends and contributors, trade on insider information, give all the orders and not have to take any. How convenient to be the king of the hill, -you get to see all the angles and call all the shots. And you crazy people think we have a problem? You must have you removed your Hope & Change rose-colored glasses. Things sure look a lot different without them. Now if only we can get the Kool-aid drinking masses to stop following the Pied Piper and look down they might just notice the abyss here, a swamp there, an alligator ahead and a pool of black La Brea just around the bend. As Yogi Berra said, "The future ain't what it used to be."

Posted January 26, 2012 at 11:16:48 PM


Holmes Simons

@mmc: I don't think anyone has been able to locate the Obama / Dunham marriage license. But you are correct about BHO, Sr. being a bigamist and about his cute, little coffee-colored son being, by definition, an authentic bastard. To those who would chastise you for creative naming calling, I say, "Lighten up, until you're at least as white as Obutthole."

After the evidence introduced yesterday in the Georgia courtroom of my hero, Judge Mahili,I expect that it won't be long until Oflyface repudiates BHO, Sr. as his pappy, claiming that his paternity is unknown, and, therefore, he is a "Natural Born Citizen Bastard" as descendant solely of his mommy, Stanley. Or, perhaps, he'll claim that the trollop's Mother and Frank Marshall Davis, renown Commie pedophile and mentor to little Barack, are his true parents, and he is "natural born” by virtue of their citizenship.

Whatever happens, feel free to call him Osordid.

It takes little to see where his affinity for homosexuals comes from. And, because he is the President, first graders must be taught all of the orifices into which they may put their genitalia in order to establish a proper sexual identity. Oh, how I wish I was young again! There are a lot of things I have not tried for fear of being labeled a queer.

Posted January 27, 2012 at 3:52:55 PM


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