Solyndra Is Symptomatic of a Larger Obama Energy Problem

United States Secretary of Energy Steve Chu did not exactly distinguish himself while testifying before the House Energy and Commerce Oversight Subcommittee about Solyndra, the so-called “green energy” company that received more than half a billion dollars in loan guarantees from the federal government.

That these same loan guarantees were refused by the Bush Energy Department in the waning days of that administration is only part of the story. That Solyndra is connected to major Obama donors and was permitted by the government to undertake a restructuring that allowed for private investors to be paid back before the U.S. taxpayers when the company went bust has made matters worse—and certainly increased interest in what happened—but that too is only part of the story.

There are lots of people in Washington who have identified Solyndra as part of a regime based on “crony capitalism” that has become the hallmark of the current administration. If that were all there was to it, things would be reasonably simple to sort out. In fact what happened at this one California-based company is only a symptom of a larger problem, one that threatens to grow over the next year and which reflects a fundamental flaw in the Obama energy policy: It is not based on anything reasonable.

The rush to create “green jobs” relies on technologies that have not been fully developed, have not proven their worth in the commercial sector and which, frankly, are more pie in the sky than anything else. That is not to say there is absolutely no role for solar and wind energy in the U.S. economy, but that the emphasis on these so-called renewables has come at the expense of traditional forms of energy. It also overlooks the very real fact that, as former Bush Energy Secretary Sam Bodman used to say, the most readily abundant source of new energy in the United States is that which everyday is wasted through inefficiency.

The Nobel prize-winning Chu and his associates would do well to consider that. Rather than try to create whole new industries using the tools of “crony capitalism” they might want to focus on ways to better utilize the energy the nation already produces. They would do well to take a look at what companies like Multistack, a Wisconsin-based privately held firm does.

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 Read More at cnsnews.com

MICHELE BACHMANN TALKS WITH BECK: ‘TABLE HAS BEEN SET FOR A WORLDWIDE NUCLEAR WAR AGAINST ISRAEL’

Presidential candidate and Minnesota Congresswoman Michele Bachmann stopped by Glenn’s NYC radio studio Monday for a talk that spanned national security, the possibility of economic collapse, and the implications of a second Barack Obama term.

Congresswoman Bachmann laid out her expansive policy knowledge, foreign affairs acumen, and expressed her deep concerns about the future of the country.

Among her most stark analytic points was that “The table has been set for a worldwide nuclear war against Israel.”

Rep. Bachmann also added that “We can’t think we are invincible just because we are the United States of America.”

When Glenn pushed her on the possibility of civil war, Bachmann responded ominously: ’We Are Headed For Harder Times Than People Realize.’

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Read More at The Blaze By Buck Sexton, The Blaze

Obama ‘Actively’ Made Supercommittee’s Job ‘More Difficult,’ Toomey Says

(CNSNews.com) – Not only did President Barack Obama refuse to help the supercommittee as it attempted to reach an agreement on reducing the federal budget deficit — the president complicated things for the committee, Sen. Pat Toomey (R-Pa.) said on Tuesday.

“The president actively made our jobs more difficult,” Toomey told Fox & Friends. “He issued veto threats. He said…Obamacare had to be off the table, despite the fact that over time, that’s a multi-trillion-dollar, extraordinary waste of money — a very ill-conceived program. He came in and said that we ought to — in addition to everything else we were working on — we ought to find a way to pay for his latest $500-billion stimulus bill. The president was not helpful.”

Toomey was one of 12 lawmakers on the panel that announced Monday it had failed to come up with $1.2 trillion in deficit reduction — a failure that will trigger $1.2 trillion in automatic spending cuts in 2013.

Supercommittee Democrats refused to consider Republican spending cuts unless Republicans agreed to a trillion-dollar tax hike, Toomey said.

But Toomey and other Republicans say a trillion-dollar tax hike would have been “devastating” to the economy. “The problem is a spending problem,” said Toomey, noting that Democrats — when they controlled all three branches of government in 2009 and 2010 — went on a spending binge.

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 Read More at cnsnews.com By Susan Jones, cnsnews.com

Newt Gingrich was a lobbyist, plain and simple

When Newt Gingrich says he never lobbied, he’s not telling the truth.

When he was a paid consultant for the drug-industry’s lobby group, Gingrich worked hard to persuade Republican congressmen to vote for the Medicare drug subsidy that the industry favored. To deny Gingrich was a lobbyist requires an Obama-like word parsing over who is and who isn’t a lobbyist.

Gingrich stated last week on Fox News, “I do no lobbying of any kind. I never have. A very important point to make. I have never done lobbying of any kind.”

But the facts contradict that claim.

First of all, we know that Gingrich has been paid by drug companies and by the drug lobby, notably during the Medicare drug debate. A former employee of the Pharmaceutical Research and Manufacturers of America, (the main industry lobby) told me Gingrich was being paid by someone in the industry at the time. A spokeswoman for Gingrich’s health care consulting firm, Center for Health Transformation, told me that drug companies have been CHT clients. PhRMA confirmed in a statement that they had paid Gingrich. Bloomberg News cited sources from leading drug companies Astra-Zeneca and Pfizer saying that those companies had also hired Gingrich.

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 Read More at washingtonexaminer.com By Timothy P. Carney, washingtonexaminer.com

Video: Barack Obama Stops Progress in Washington, DC

Barack Obama is the main reason progress is impossible in Washington DC.  He insists on raising taxes when we all agree it will devastate a weak economy. He has no plans to grow the private sector only the government sector and we cannot afford another penny.

 

LIST MANIA: THE TOP FIVE NEW MALTHUSIANS

“The New Malthusians” sounds like the name of a new wave or punk band, but just as new wave is old school, there is never anything new about Malthusianism no matter how many times it gets punked. Only the band members change.

When the world’s population reached the estimated 7 billion mark a few weeks ago, the most famous Malthusian of modern times, Paul Ehrlich, made a few encore appearances for old time’s sake, but for the most part Ehrlich and his generation of Malthusian rock stars, such as Garrett Hardin, Lester Brown, and the Club of Rome, appear about a fresh as Keith Richards after a 7 am wake up call. The old guys really need to be retired (well, actually, Garrett Hardin is long dead anyway), to make room for the new kids. The criteria for making the list are simple: a winner’s Malthusianism has to be essentially unmodulated from the older kind, be relentlessly monotonic, be extremely lucrative, and/or a pretext for increased centralized political power.

The competition is fierce, but herewith the top five “New Malthusians” for a cover tribute band for the early 21st century:

1. James Hansen, NASA’s chief climate scientist. I’ve debated Hansen on a couple of occasions, the most memorable being at the New School in New York in 2006, when he let fly with the comment that his treatment at the hands of the Bush Administration, which monitored his many media interviews, was the kind of thing you expected from Nazi Germany or the Soviet Union. He’s also called trains carrying coal to power plant’s “death trains to Auschwitz.” And he wonders why people think he’s an “alarmist” about climate change. The guy is a manic depressive, which comes with Malthusian territory I suppose, but as John noted here already, it’s really really lucrative. My pal Chris Horner offers more damning details here. There’s lots here to work with, but for years Hansen has been saying time is running out. The most recent I can find is a 2009 article saying Obama only has four years left to save the planet. Since Obama clearly isn’t going to make it, can we expect Hansen to shut up at the end of next year? Of course not; too many lecture fees and prizes to be had.

2. Bill McKibben, Middlebury College. His big thing these days is climate change—what a surprise—though he did write the quintessentially Malthusian book back in the 1990s entitled Maybe One: A Personal and Environmental Argument for Single Child Families. Like Hansen, he wins all the best prizes and hangs out with all the best people. I am sure the prizes look nice on the mantle. Lately he’s been leading the protests outside the White House against the Keystone pipeline, declaring that if the pipeline is built, it’s “game over” for the climate. But if Canadian oil goes to China instead of us, how would it be different? Don’t ask. That would be an inconvenient question.

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Read More at powerlineblog.com By Steven Hayward, powerlineblog.com

The ‘Dump Obama’ movement has begun; Guess who’d replace him?

Faced with peanut-sized Jimmy Carter poll numbers, disturbing big-donor reluctance, unacceptable unemployment and depressing economic forecasts, President Obama heads back on the road tomorrow to do what he always does when in trouble:

Call again for someone to do something about new jobs.

He’s just back from eight days in Hawaii and Australia and Bali.

Now, he’s off to palm-tree-free New Hampshire, where as expected Republicans have been plotting for months to oust him next Nov. 6.

Recent polls have Obama’s disapproval around 50% and his approval 6-10 points lower, worse for his handling of the economy. That’s the reverse of what it should be now for a good reelection shot. Nearly three-quarters of Americans feel the country is on the wrong track under his leadership.

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 Read More at investors.com By Andrew Malcolm, investors.com

Poll: 63 Percent Oppose Obama’s Executive Order Fascism

Since losing control of Congress in the 2010 midterm elections, President Obama has increasingly turned to executive orders, regulations, and federal fiats to implement his agenda in a program the White House has dubbed “We Can’t Wait.” Analysts say Obama hopes the end-run around the legislative branch will allow him to campaign against a “do-nothing Congress” in 2012. However, a new Rasmussen poll finds a whopping majority of Americans oppose his most recent executive action on health care reform. Only 27 percent of those surveyed approve of the president’s new program to distribute $1 billion in grants to organizations that promise to find new ways to increase employment in the medical industry. Nearly two-thirds of respondents, 63 percent, say the president should work with Congress on implementing the bill, as the Constitution requires.
Obama unleashed the grant proposal after Congress refused to pass his “jobs” bill.

“This will open the inbox for many innovators and organizations that have an idea to bring to the table,” said Dr. Donald Berwick, administrator for the Centers for Medicare & Medicaid Services. “We’re seeking innovators, organizations and leaders that have an idea to bring into further testing.”

Unfortunately, Berwick idealizes the British National Health Service, which is infamous for rationing care to the ill. In 1993, Berwick insisted: “Using unwanted procedures in terminal illness is a form of assault. In economic terms, it is waste.” More recently, Berwick has declared, “Excellent health care is by definition [wealth] redistribution.” He is joined in the administration by Henry J. Aaron, Obama’s nominee for the Social Security Advisory Board, who for nearly 30 years has promoted health care rationing along the British model. His 2005 book Can We Say No? argues “health care rationing in the United States is advisable, even inescapable.”

The Washington Post reports the nation will face a shortage of 63,000 doctors by 2015. However, ObamaCare’s funding formula will decrease the pool further yet by paying doctors less. Lower pay translates to fewer doctors, which in turn results in rationing by necessity. With funding changes under ObamaCare, the Office of the Medicare Actuary forecast that within nine years Medicare will pay doctors less than Medicaid. Conservative analyst John Goodman explained, “From a financial point of view, the seniors will be perceived as less desirable customers than welfare mothers.”

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Read More at Floyd Reports By Ben Johnson, Floyd Reports

The Occupation Movement As Seen By The World’s News Media

I don’t know how you’re feeling this week, but I have just diagnosed myself with a serious case of Occupation on the Brain, which I’ve also heard described as Protest Fatigue.

Reports on this movement have made news in nearly every print and video media outlet, both domestic and international. The only otherAmerica-centric news story which has been universally reported is the break-up of Demi Moore and Ashton Kutcher. Where, I have to ask, does this locate theUSon the map of heightened global awareness? I’m thinking Never Never Land. The reference seemed apt on several levels.

Acting out is currently listed as a symptom of misbehavior on child psychology websites. It is positioned at the bottom of a category which climbs up to “conduct disorders” and peaks at the heights of “psychodrama.”

As the name implies, “acting out” is defined as choosing a behavior meant to test the boundaries of authority which a responsible adult learns to maintain over body and mind. Like the lost boys in Peter Pan’s famous “Neverland,” the more I read and watched the protesters, the more they seemed determined not to “grow up.” They had regressed back to infancy, pre potty training, defecating on sidewalks and peeing on police cars.

Many were reported to be in drug or alcohol induced altered states. These substances might well have snared Pan’s original zeitgeist if they had been on offer. Or perhaps that was the inside joke about Pixie Dust, but I digress.

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 Read More at officialwire.com By Susan Easton,officialwire.com