Monday, September 12, 2011

Obama's Solargate Scandal Takes A Turn For The Worse

From Bloomberg News: 
In a deepening scandal that threatens to ensnare members of the Obama administration, PricewaterhouseCoopers found that the company's finances “raise substantial doubt about its ability to continue as a going concern.” Two months later the company was awarded the loan under a green jobs program.
Here's the article LINK

It's crystal clear here that Obama rewarded one of his biggest fundraisers with over $500 million in Taxpayer money to invest in a company that was deemed to be at risk as a going concern AND Obama fast-tracked this deal, skipping the standard procedures for loan approval. 

Based on the poor choices we have for opposing candidates, I'm sure Obama will get re-elected anyway.  The voters don't care if this guy is the guy who lets the Government rob us blind.  I just hope Congress uses this as its reason to deny the massive jobs proposal.


  1. ConservativeAvengerMonday, 12 September, 2011

    Obama has lost the left (including the NYT), center and independents, and never had the right. There is a growing chance Obama will pull an LBJ '68 and not seek re-election. There are also growing calls from within the Democratic Party for someone to challenge him and Ralph Nader is actively organizing a slate of candidates. Also read The Insider accounts of how much Obama personally dislikes being President (total and complete disengagement on everything, especially economic issues) and how much Michelle hates being First Lady.

    Also keep a close eye on the growing "Fast and Furious" scandal. It definitely reaches into the WH and "The Insider" predicts it will be a scandal of major proportions which will--at a minimum--bring down Holder and maybe even force Obama's resignation. The Insider says Holder and DOJ is shielding Obama from "something"; once Holder is out the way, Democratic Party leaders will move in to finish off Obama and try to save the party from impending disaster. Whatever happens, Obama's history.

  2. "Based on the poor choices we have for opposing candidates, I'm sure Obama will get re-elected anyway."

    Rest assured that this is one former Obama voter who will not be repeating that mistake!

  3. Is Bob Pisani the man from Malta?

    There seems to be a miscommunication,no?

    CNBC, HSBC, and GLD in public relations backfire today notes CNBC's backtracking on its Bob Pisani's reporting September 1 from the secret vault said by gold custodian HSBC to house the metal held by the gold exchange-traded fund GLD. While Pisani twice asserted on camera that "all" the metal in the vault belonged to GLD, he displayed a gold bar that turns out to have belonged to another gold ETF for which HSBC is also the custodian, and CNBC subsequently noted on its Internet site that the vault does indeed hold gold for more than GLD. But no doubt there's still enough there for HSBC to continue to help manage the Western fractional-reserve gold banking system. The report is headlined "CNBC-HSBC-GLD Public Relations Backfire" and it can be found here:

  4. I have good news. There is NO way that Obama will be re-elected. The political pendulum has too much momentum.

    Now the bad news. It won't matter--they all serve the same masters.

  5. (Wil)

    I thought that W would never be elected in 2004 and yet he was...I just don't see any of the Republican candidates as being seen as a viable alternative other than Ron Paul and RP gets minimalized by the media.

  6. more of the same.. ( unconfirmed ? sorry if this has been posted)



    1% tax on all bank transactions HR4646

    Watch for this AFTER November elections; remember this BEFORE you VOTE in case you think Obama's looking out for your best interest.

    1% tax on all bank transactions HR 4646

    This government just cannot think of enough ways to hurt the American people! I sure hope this dies!!!!!


    1% tax on all bank transactions HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP. Checked this on snopes, it's true! Check out HR 4646.

    President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is to sneak it in after the November elections to keep it under the radar.

    This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and loans, etc. Any deposit you make, or even a transfer within your account, will have a 1% tax charged. ~If your paycheck or your social security or whatever is direct deposit, it will get a 1% tax charged for the transaction. ~If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck in your bank. Even if you hand carry your paycheck or any check into your bank for a deposit, 1% tax will be charged. ~You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that check in the bank.. ~If you take $1,000 cash to deposit at your bank, 1% tax will be charged.

    Mind you, this is from the man who promised that, if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn about this guy's under-the-table moves to increase the number of ways you are taxed.

    Oh, and by the way, if you receive a refund from the IRS next year and you have it direct deposited or you walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank. Remember, any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you put it in the bank.

    Some will say, oh well, it's just 1%. Are you kidding me? It's a 1% tax increase across the board. Remember, once the tax is there, they can also raise it at will. And if anyone protests, they will just say, "Oh,that's not really a tax, it's a user fee"! Think this is no big deal? Go back and look at the transactions you made from on year's banking statements. Then add the total of all those transactions and deduct 1%. Still think it's no big deal?

    "A government big enough to give you everything you want is also big enough to take away everything you have." - Barry Goldwater


  7. I'm for free markets...but I'm not for this. It seems everything has been completely whored out.

    It seems every news outlet is an advertisement.

    September 12, 2011

    Big Brothers Buy in at Big Media
    The Koch Whisperers

    A CounterPunch Special Report

    When Larry Kudlow of CNBC, WABC Radio and National Review speaks, who’s really talking? Is it Kudlow or is it the $332,500 he has pocketed from the Koch-funded Mercatus Center. While Kudlow did previously acknowledge accepting $50,000 from Enron after he wrote an article about the company and failed to disclose it, he has not disclosed the Mercatus money to readers of his columns, blog or to viewers of his programs as he openly pitches the Mercatus/Koch agenda.

    One of those freedoms most treasured by the Koch brothers is their ability to see a research study done by one of their funded economics departments, then have its dubious data quoted from the mouth of a funded “news” celebrity. From 2002 through 2006, the Koch funded Mercatus Center paid Lawrence Kudlow, a CNBC co-host and later host of his own show, “The Kudlow Report,” a total of $332,500 through his consulting arm, Kudlow & Co. LLC. I obtained the information from public filings Mercatus made with the IRS. It is not known if the Mercatus Center continued to pay Kudlow after 2006. The Mercatus tax filings show $3.1 million paid in a line item called “honoraria” from 2001 through 2007. Emails and phone calls to Kudlow, the CNBC legal department, and three communications executives of both CNBC and NBC/Universal were met with silence, despite a week’s lead time to respond.

  8. HR 4646 also repeals the personal income tax.