And basically steering our money to their friends, then you are not paying attention. First there was that pesky Solyndra scandal. When I brought up that this was basically crony capitalism at its worst, with the WH using the economic crisis at that time and their big lie that a near trillion dollar stimulus was the only remedy to what ailed us to funnel billions of tax payer dollars to industries that can not exist without subsidies, and that’s not my opinion, I was demagogued by the usual suspects. When I pointed out that the attempts to link the Bush WH to this or claim that the loan had not been fast tracked by Team Obama, against the advice of several financial experts, including the OMB, the GAO, and finally even the DOE which had originally pushed the thing through only to realize this was going to blow up in their face, I was accused of not having the facts right.
Then it became obvious this whole thing was tied to a money bundler billionaire investor that had raised beaucoup money for the Obama campaign, and I pointed out how the loan was restructured at the WH’s behest to favor the investors over the tax payers, at a time when everyone started picking up Solyndra was going to implode regardless of the tax payer money it got, and when I mentioned that I was told, yet again, that there was no proof. And then there is this latest revelation. We need some investigations here to find out the details of why the tax payer was yet again duped by the guy that now wants to rip taxpayers off to the tune of something close to another $2 trillion of our money to pay for his party’s vote buying schemes.
Of course, by now all these things have borne out exactly as I predicted they would, but if you still are dubious that this is not the way the WH is running things and going to argue this was an isolated incident, then here is yet another such example of WH crony capitalism:
LightSquared, a wireless network backed by billionaire Democratic donor Philip Falcone, could beam broadband Internet everywhere—but some military officials fear it could interfere with critical GPS signals. Now, as The Daily Beast’s Eli Lake exclusively reports, two U.S. officials allege the White House tried to influence their testimony to rush key testing, to LightSquare’s benefit.
That we now have not one, but two incidents where big Obama donors – those evil capitalists that Obama and the left love to demonize and accuse of stealing money from the little guy – and then in two different industry sectors to boot, accused of getting special favors from the WH, both with damaging consequences to Americans, isn’t a coincidence. What we are seeing here is a systematic pattern of government by those that think it is their duty to pick who wins and who loses. And the fact that the ones that are picked to win are either members of the green movement, big donors, or both, is not a coincidence either. The left is engaged in the very nefarious practices it projects constantly on the other side in order to demonize them and justify the whole class warfare bullshit agenda. Can you imagine the furor in the LSM if this had happened while Bush was president? Remember the constant talk of “Halliburton”, while forgetting Bill Clinton’s relation to the same, back when? Where is all that feigned outrage now?
The American people are being done a huge disservice by these crooks. Both in the LSM and the WH. And I do not expect this to be the last such scandal to be revealed and ignored as much as possible by the LSM. Of course, the bloggosphere will drag them kicking and screaming into doing damage control, and eventually into reporting far more of the truth and facts than they would feel comfortable with.