A whole bunch of numbers are coming out today, but one in particular stands out: as you read this, the US Debt will have reached $15 TRILLION for the first time in history. While Obama is hanging out in Hawaii on the links with his prostitute-seeking-and-busted-by-an-undercover-cop friend, complaining about Americans being lazy (the hypocrisy on that one alone is staggering), our debt will have gone through the ceiling.
Meanwhile, the Super Committee has reached no decisions, and the US Senate has failed to pass a budget in 930 days. That is about 2 1/2 years that they have failed to craft and pass any kind of real budget with an eye to cutting back. Nope, nothing. Thanks, Harry – what a great leader you are. Oh, and while I am on the Senate, perhaps they can look at the 22 Jobs Bills the House has sent their way. Just a suggestion.
But the numbers don’t stop there. Here’s another number for you: 11/3/10. That would be the date the Obama Administration’s DOE apparently wanted Solyndra to wait for its announcement of layoffs. Yep, they wanted to hold that little piece of information until after the elections to help skew them. Nice. Another date to bear in mind is: 11/17/11. That is when Secretary Chu will be facing the music in front of the Senate about all of the Solyndra machinations.
Speaking of Solyndra, fully 80% of the Stimulus money for Green Energy went to Obama donors. That’s EIGHTY percent of our dollars. Here are just a few examples from “Throw Them All Out,” Schweizer’s new book: Bright Source Venture Partner raked in a $1.6 Billion loan, and its Senior Adviser is Robert Kennedy, Jr. Obama’s current Deputy Assistant, Michael Froman, bundled $200,000 – 500,000, and for his efforts, not only did he get a job in the White House, but the company for which he had been COO received a tidy loan in the amount of $737 million dollars. Then there is Nancy-Ann DeParle, White House Deputy Chief of Staff. Before her WH job, she was the Managing Director of CCMP Capital, and the company for which she was a majority owner, Granite Reliable Wind Generation, received $168.9 million in our tax dollars. Yep, Obama’s bundlers have made out like bandits with our money.
Of course, these little paybacks with our money fly in the face of yet another promise broken by Obama, also highlighted in the book, “Throw Them All Out”:
When President-elect Obama came to Washington in late 2008, he was outspoken about the need for an economic stimulus to revive a struggling economy… After he was sworn in as president, he proclaimed that taxpayer money would assuredly not be doled out to political friends…
…But an examination of grants and guaranteed loans offered by just one stimulus program run by the Department of Energy, for alternative-energy projects, is stunning. The so-called 1705 Loan Guarantee Program and the 1603 Grant Program channeled billions of dollars to all sorts of energy companies…
…In the 1705 government-backed-loan program [alone], 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.
Uh huh. That seems to be all Obama has done – reward his donors with our money, and with cushy White House jobs to boot. It’s a Numbers Game, alright, but with Obama at the helm, the numbers just ain’t adding up.
Check that – the numbers have added up, but way too much. In just three short years, $4 trillion in debt has been accrued under Obama’s “leadership.” Those are numbers, and leadership, we can do without…