The Golden Truth: Obama's Solargate Scandal Takes A Turn For The Worse

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.

8 comments:

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.

http://www.nytimes.com/2011/09/11/us/politics/11obama.html?_r=1

http://www.triond.com/users/Ulsterman
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Sam....Monday, 12 September, 2011
"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!
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AnonymousMonday, 12 September, 2011
Is Bob Pisani the man from Malta?

http://www.youtube.com/watch?v=m1TnzCiUSI0

There seems to be a miscommunication,no?

CNBC, HSBC, and GLD in public relations backfire

GoldSilver.com 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 GoldSilver.com report is headlined "CNBC-HSBC-GLD Public Relations Backfire" and it can be found here:

http://gata.org/node/10427
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WilTuesday, 13 September, 2011
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.
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AnonymousTuesday, 13 September, 2011
(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.
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AnonymousTuesday, 13 September, 2011
more of the same.. ( unconfirmed ? sorry if this has been posted)

ON JANUARY 1 ST 2012, THE GOVERNMENT IS REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT FOR SS CHECKS.

WONDER WHY?

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!!!!!

FORWARD THIS TO EVERYONE YOU KNOW!

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

________________________________________
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AnonymousTuesday, 13 September, 2011
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
by PAM MARTENS

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.

http://www.counterpunch.org/2011/09/12/the-koch-whisperers/
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AnonymousWednesday, 14 September, 2011
HR 4646 also repeals the personal income tax.

http://www.govtrack.us/congress/bill.xpd?bill=h111-4646&tab=summary
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.