Friday, September 21, 2012

List of Failed Obama Green Energy & Solar Companies in the Billions


Below is a list of failed energy companies backed by President Barack Obama and funded with tax dollars. President Obama has gone to great lengths to support policies to advance so-called green energy technologies but so far has met with utter failure.  The President plans to double down on these unproven, expensive failed technologies if he gets a second term.
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Most Americans are asking, “Can the United States of America REALLY afford FOUR MORE YEARS of President Obama?

List Of Failed Green Energy Jobs & Companies – By Obama

Update: 7/19/12: The Amonix Solar: FAIL! – manufacturing plant in North Las Vegas, subsidized by more than $20 million in federal tax credits and grants given by Obama Administration, has closed its 214,000 square foot facility a year after it opened.
  • Solar Trust of America: FAIL! - Filed Bankruptcy in Oakland, CA, April 3, 2012 – On April 2, 2012
  • Bright Source: FAIL! Bright Source warned Obama’s Energy Department officials in March 2011 that delays in approving a $1.6 billion U.S. loan guarantee would embarrass the White House and force the solar-energy company to close. Lost Billions of dollars but Getting More Money To Keep Trying. Can you say, “This isnt working?”
  • Solyndra: FAIL! Obama gave Solyndra $500,000,000 in taxpayer money and Solyndra shut its doors and laid off 1100 workers in August 2011 After Billions in Losses due to failure to make a solar product that works!
  • LSP Energy: FAIL! LSPEnergy LP filed bankruptcy protection and a sale of its assets in Feb 2012
  • Energy Conversion Devices: FAIL! – On February 14, 2012 Energy Conversion Devices, Inc. and its subsidiaries filed for bankruptcy
  • Abound Solar: FAIL! - Abound Solar received a $400 million loan guarantee from Barack Obama announced in June, 2012 that it would file for bankruptcy
  • SunPower: FAIL! - SunPower stopped producing solar cells last year at near bankruptcy restructured only with help of, get this, oil giant TOTAL who owns 60% stake. Irony! Still struggling…
  • Beacon Power: FAIL! – Beacon Power Corp filed for bankruptcy Oct 2011 just a year after Obama approved $43 million loan Government loan guarantee
  • Ecotality: FAIL! - ECOtality, a San Francisco green-tech company that never earned any money on the verge of bankruptcy after receiving roughly $115 million in two loan guarantees from Obama 
  • A123 Solar: FAIL! -A123 received $279 million from taxpayers thanks to PresidentObama’sDepartment of Energy loan guarantees and after Solyndra bankruptcy is getting another $500M from Obama and it has lost $400M
  • UniSolar: FAIL! Uni-Solar filed for Ch 11 bankruptcy in June 20 this year laid off hundreds got more Obama money still failing but still in business
  • Azure Dynamics: FAIL! Azure Dynamics files for bankruptcy in June wasting millions in Obama “Stimulus” and tax credits.  Azure Dynamics LLC filed for bankruptcy protection in Canada and the US.  Azure laid off 120 of its 160 employees in Oak Park; Boston; Vancouver, British Columbia; and the UK.
  • Evergreen Solar: FAIL! - Evergreen Solar received $527 Million in Taxpayer money from Obama filed bankruptcy
  • Ener1: FAIL! received more than $100 million in government funding from the Obama administration filed for bankruptcy January 2012
Via: Divided States

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Study: Only 15 Percent Of Democrats Believe Economic News Is Bad



With just 47 days before the general election and Mitt Romney attempting to pivot the focus of the election back on the state of the economy, citizens with Democratic leanings are actually doing an about-face on the economy compared to their Republican counterparts, according to a recent study from the Pew Research Center.


Obama Campaign’s Ejection of Student Raises Discrimination Questions


An expert on the First Amendment said the Obama campaign’s decision to bar a University of Florida student from attending a Michelle Obama speech smacked of viewpoint discrimination and raised questions about liberal bias in academia.
Clay Calvert, the director of the Marion B. Brechner First Amendment Project at the University of Florida, said the incident also raises questions about the university’s involvement.
“While the university might not have done anything legally wrong in allowing Obama officials to discriminate against Republicans in terms of attendance, certainly the incident will, in the eyes of some folks, appear – rightly or wrongly – to be another indicator of liberal bias in academia,” Calvert told Fox News.
Matt Pesek, a student at the university, was denied entry to the speech even though he had a ticket for the event. He told the website Campus Reform that an Obama staffer pulled him out of line because he was wearing a John McCain t-shirt.
The First Lady’s speech, the Obama staffer allegedly told the student, was for “supporters only.”
The revelation surfaced the same day President Obama appeared on CBS’ Late Show With David Letterman and said he represented the entire country.
“If you want to be president, you have to work for everyone,” he told Letterman.
Pesek said he offered to turn his shirt inside but was still denied entry.
University of Florida spokesperson Janine Sikes told Fox News that the university had absolutely no control over the event. She said the Obama campaign paid money to rent the facility and could determine who was allowed inside.
However, that appears to contradict a stipulation in the contract between the university and the Obama campaign.
Fox News obtained a copy of that document which includes a non-discrimination clause.
“User shall not prohibit attendance at the Event by any person in violation of law,” the clause states. “In the event entrance to any person is restricted by law, User shall provide written notice of such restricted use to University’s vice president for business affairs prior to signing of the agreement.”
Sikes said the campaign did not violate the law by denying the conservative student entry into the event.
Calvert said the incident raises troubling questions about the university’s handling of the situation.
“My primary question and concern is whether university officials knew in advance about the attendance discrimination policy that the Obama officials implemented – that people with pro-Republican garb that didn’t include anything offensive about the First Lady or the President would be turned away,” he said. “If officials new that in advance, then it would be highly problematic. Second, if university officials did not know in advance, then why didn’t they know?”\

Rangel umbrage at Cantor: Higher taxes are 'paying your fair share!'


Censured Tax Cheat Charlie Rangel

New York Rep. Charles Rangel, censured by the House for ethics violations over squirrely financial dealings like failing to disclose hundreds of thousands of dollars in assets and failing to pay income taxes, today called President Obama's goal of killing some Bush tax cuts "paying your fair share!"
The 82-year-old's umbrage came in a tweet while he was in the Cannon Rotunda interview area. According to a picture he also tweeted, he was near House Majority Leader Eric Cantor who was in a discussion over the Bush tax cuts.
"My ears perking up to hear RepCantor saying taxes will go up under Pres Obama. It's called 'paying your fair share!'" Rangel tweeted just after noon.
His picture shows Rangel waiting to be interviewed with Cantor off to the right, TV light shining off his face as he is being interviewed.
It's the second time this week Rangel has ranted on proper ethics and tax paying. Earlier this week he rapped Mitt Romney for accurately saying that some 47 percent of Americans don't pay taxes. Rangel said in a statement that was just federal taxes, and that the 47 percent actually do pay some taxes, presumably local taxes.
When the tweet made its way around Capitol Hill today, many Rangel critics choked, mocking his long list of ethical challenges. His reputation and career were damaged when he was charged with ethical violations, forced to step down as chairman of the House Ways and Means Committee, and eventually censured.
Via: Washington Times
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Jewish Support For Obama In Florida Down 7 Points From 2008


Jewish Support For Obama In Florida Down 7 Points From 2008

Support for President Barack Obama among Jews in the state of Florida is down 7 percentage points on 2008, according to an American Jewish Committee (AJC) poll released Thursday.
A total of 69% of Florida Jews said they would vote for Obama in November’s presidential elections, down from an estimated 76% in 2008, the AJC noted.
A 7 percentage-point drop in the Jewish vote likely represents over 50,000 votes in a state that the Republicans won in 2000 by fewer than 600 votes.
The 69% figure closely matches the results of a Gallup poll among Jewish voters nationwide from last weekend, which put support for Obama among US Jews at 70%.
Only 25% of Florida Jews said they would vote for Mitt Romney, according to the AJC poll.
Republicans have invested unprecedented resources — including buying billboards, print advertisements and door-to-door canvassing — to target hundreds of thousands of Jews in swing states whom the Republican Jewish Coalition has suggested may be considering turning away from their traditional Democratic affiliation.
The AJC’s telephone poll was conducted among 254 registered Jewish voters between September 7-9. The AJC expects to publish, within the coming weeks, a poll of Jewish voters in Ohio — another key battleground state — and a nationwide poll.
“In a key state, to which both parties are devoting a great deal of time and attention, and where recent history is a reminder that the margin of victory can be razor-thin, the Jewish vote takes on added importance,” said AJC Executive Director David Harris.
According to Republican Jewish Coalition head Matt Brooks, the new poll “reinforces what we’ve been saying all along, and that various polls in the past have indicated, which is that Barack Obama continues to have trouble with Jewish voters, and we continue to see significant erosion of Jewish support for the president.”
Democrats, however, challenged the conclusion Thursday that the new poll showed Obama slipping among Florida Jewish voters.
“It’s comparing apples and oranges to compare a 2008 exit poll and an AJC study in September of 2012,” said National Jewish Democratic Council head David Harris.
“But having said that, when you take out the undecideds from the AJC poll, you have Barack Obama leading Mitt Romney 73 [percent] to 26,” he added. “This is one point away from where I see the final vote tally of the Jewish vote settled in 2008,” which the NJDC has argued came in at 74%.

Election 2012 State Polls


Thursday, September 20
Race/Topic   (Click to Sort)PollResultsSpread
ColoradoNBC/WSJ/MaristObama 50, Romney 45Obama +5
IowaNBC/WSJ/MaristObama 50, Romney 42Obama +8
IowaRasmussen ReportsObama 44, Romney 47Romney +3
NevadaCNN/Opinion ResearchObama 49, Romney 46Obama +3
NevadaRasmussen ReportsObama 47, Romney 45Obama +2
FloridaWeAskAmerica*Obama 49, Romney 46Obama +3
WisconsinNBC/WSJ/MaristObama 50, Romney 45Obama +5
WisconsinPPP (D)Obama 52, Romney 45Obama +7
WisconsinRasmussen ReportsObama 49, Romney 46Obama +3
MichiganDetroit NewsObama 52, Romney 38Obama +14
PennsylvaniaWeAskAmerica*Obama 48, Romney 42Obama +6
ConnecticutUConn/Hartford CourantObama 53, Romney 32Obama +21
MassachusettsUMass/Boston HeraldObama 59, Romney 36Obama +23
Wednesday, September 19
Race/Topic   (Click to Sort)PollResultsSpread
OhioFOX NewsObama 49, Romney 42Obama +7
FloridaFOX NewsObama 49, Romney 44Obama +5
VirginiaFOX NewsObama 50, Romney 43Obama +7
ColoradoCBS/NYT/QuinnipiacObama 48, Romney 47Obama +1
VirginiaCBS/NYT/QuinnipiacObama 50, Romney 46Obama +4
WisconsinCBS/NYT/QuinnipiacObama 51, Romney 45Obama +6
New HampshireRasmussen ReportsObama 45, Romney 48Romney +3
MichiganCNN/Opinion ResearchObama 52, Romney 44Obama +8
VirginiaWeAskAmerica*Obama 49, Romney 46Obama +3
WisconsinMarquette UniversityObama 54, Romney 40Obama +14
MainePPP (D)Obama 55, Romney 39Obama +16
MaineMPRC (D)*Obama 54, Romney 37Obama +17
CaliforniaFieldObama 58, Romney 34Obama +24
MassachusettsWBUR/MassINCObama 59, Romney 31Obama +28

Median income in Ohio hits 27-year low


ANOTHER EXAMPLE OF OBAMA POLICIES WORKING THEIR MAGIC.  
Ohio households were poorer last year than they’ve been in more than 25 years, and the number of people living in poverty is higher than it’s been in more than 30 years, according to a census report released yesterday.
“People are getting squeezed from every direction,” said James Newton, chief economic adviser to Commerce National Bank.
When adjusted for inflation, the 2010 annual median household income in Ohio of $46,093 was down by $543 from the previous year, and down 15.3 percent from the peak of $54,395 in 2000, according to the census’s Current Population Survey, which was released yesterday.
The inflation-adjusted figure hasn’t been lower for Ohio since officials began keeping that record in 1984, census officials said.
Ohio’s level of poverty — 15.3 percent — was worse than the nation’s, which was at 15.1 percent. Ohio’s level jumped 2 percentage points from 2009; it has never been this high since those records were first kept in 1980.
The worst year before 2010 was 1994, when 14.1 percent of Ohioans were in poverty.

Last of US Surge Troops Leave Afghanistan


AP
Last of US Surge Troops Leave Afghanistan, Officials Say
U.S. officials say that nearly two years after President Barack Obama ordered 33,000 more U.S. troops to Afghanistan to tamp down escalating Taliban violence, the last of those surge troops have left the country.
The withdrawal leaves 68,000 American forces in the warzone. It comes as the security transition to Afghan forces is in trouble, threatened by a spike in so-called insider attacks in which Afghan Army and police troops, or insurgents dressed in their uniforms, have been attacking and killing U.S. and NATO forces.
And it's called into question the core strategy that relies on NATO troops working closely with Afghans, training them to take over the security of their own country so the U.S. and its allies can leave at the end of 2014 as planned.

Thursday, September 20, 2012

The Fall of the House of Obama


"Madman!" screeched Roderick Usher to the narrator as they both recoiled in terror at the wraithlike apparition that faced them at the door in Edgar Allan Poe's "The Fall of the House of Usher."
"Madman!" he screamed again at the narrator of this tale of horror, who by this time had "perceived ... a full consciousness on the part of Usher of the tottering of his lofty reason upon her throne."
A sound conclusion this was, for Roderick Usher was insane.  His fevered imagination conjured images of fantastic dimensions, such as the living, breathing nature of the house his family had inhabited, as well as the room he painted -- ghoulish, subterranean, frightful, one in which "no outlet was observed in any portion of its vast extent, and no torch or other artificial source of light was discernible; yet a flood of intense rays rolled throughout, and bathed the whole in a ghastly and inappropriate splendor."  
It was, in short, a cavern inside a bubble concocted by one who has lost his connection to reality.  This was one who also accused his exalted visitor, the narrator of this story, of a condition from which he alone suffered -- madness.
Which of course brings to mind President Obama's re-election campaign themes, as well as those seen at the Democratic National Convention.  Take for instance accusations made against Mitt Romney for being somehow responsible for the death of a woman whose husband worked for a company for which Mr. Romney's responsibilities had ended seven years earlier.  Or consider the groundless accusation that Mr. Romney did not pay taxes for a decade or so, which generated further the charge that he is a felon and a liar.  Or take further the maniacal frothings of Democratic partisans who essentially accuse Republicans of being Nazis -- this from a party that constitutes the poster boy for the most statist, anti-free enterprise, and arrogant regime in American history.


Via: The American Thinker

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New Ad Implies Obama Is Cozy With Muslim Brotherhood


The conservative advocacy group Let Freedom Ring released an ad Thursday to run in key swing states depicting President Barack Obama as a Muslim Brotherhood sympathizer.
The group was planning on airing the ads next month, but shifted course after Muslims attacked the Egyptian embassy and killed four Americans in Libya, including Ambassador Christopher Stevens. Egypt's new president, Mohammed Morsi, belongs to the Muslim Brotherhood, considered a terrorist organization by some. The Brotherhood denies such claims.
Let Freedom Ring President Colin Hanna says Obama's response to the incidents illustrated his naïvete´ on foreign affairs.
"After our embassies were stormed, President Obama's administration offered apologies while the Muslim Brotherhood stood by as we were attacked," Hanna says. "Instead of confronting our enemies such as the Muslim Brotherhood, Obama kowtows to them." [Bachmann Sticks to Accusations about Muslim Brotherhood.]
The one-minute ad is part of a $7 million online campaign, which is being launched in Wisconsin, Virginia, and Pennsylvania with less than 50 days until the election.
The online ad doggedly attacks Obama for inviting the Muslim Brotherhood to the White House and supporting it financially. It blames Obama for the rise of anti-American riots across the Middle East, and also blasts the Obama administration for giving Egypt $1.5 billion in foreign aid.
The ad, which is filled with images of rioters, questions why Obama would reach out to Egypt's leaders when they "sought to renew long-severed ties with Iran" and destroy Israel.

Obama now Openly Destroying the USA and he’s rising in the polls?

Barrack Hussein Obama and his syndicate have been caught in yet another huge lie that is designed to destroy what’s left of our country. The Obama Tyranny Project is now—finally—saying that the Libyan/Egyptian/Tunisian and dozens more Islamist-run countries’ rioting and wanton murdering hordes actions were not due to any obscure anti-Islam film.


They are, however, refusing to admit the truth…that all of the Muslim Mayhem is due to Obama’s Middle East appeasement policies. We show weakness…we get hit. Simple stuff for the even the moderately aware. We know that tortured and murdered US Ambassador Chris Stevens knew he had been placed on a hit-list and still he did not have an assigned security detail. That’s Obama’s fault.

So, now, the Obama syndicate is considering releasing the “Blind Sheik” (who engineered the first attack on the World Trade Center in 1993) from US custody in order to appease his real friends and colleagues (the ones he has appointed to top security positions in the USA)—the Muslim Brotherhood—who is instigating the new Middle Eastern violence and barbarism.

Note: For those who still don’t know, Al-Qaeda, Hamas and multiple other terrorist organizations are the offspring of Obama’s pals the Muslim Brotherhood.

By the way, did you know that the Obama syndicate’s EPA is planning to issue ration cards with a four-gallon limit mandate…thus, effectively, immobilizing a great deal of the population? Stalinist tactics. As is a smaller one, a less mobile population is easier to control. And, recently, videos have been unearthed (from 1995 and 1998) in which Obama states he wants to redistribute OUR country’s wealth (take from the producers [you and me]), give it to the non-productive and transfer much of it to poorer and less-to-non-productive countries overseas. Obama also discusses his belief in establishing a [Communist] “collective.” In other words, we work for it and the non-working ObamaBuds are allowed to take it from us. That’s how totalitarians justify stealing everything from countries and totally decimating them. They begin by lying that “it’s for the poor” or “it’s for the children” and then they end up keeping the lion’s share for themselves.



Gasparino: GM’s Devil’s Bargain


GM’s devil’s bargain - Still stuck with Uncle Sam

The Obama campaign raves about how it “saved the auto industry” — that is, the government’s bailout mainly of General Motors — and so preserved millions of jobs.
But if it was such a success, why is the bailout losing so much money — and why do current GM managers want nothing to do with Washington as they try to save the company?

The answer: They know that with the lefties in the Obama administration breathing down their necks, their chances of ever restoring GM to its past glory are anywhere from slim to none.
Of course, it’s hard to feel sorry for GM’s management, which news reports and my own sources say has been prodding the administration to sell off its remaining 26.5 percent stake in the company. GM’s bosses invited Uncle Sam in — tough luck for them that he doesn’t want to leave.

For way too long, the Big Three — GM, Ford and Chrysler — kept on cutting generous wage and benefit deals with their unionized workforce as if it was still the 1950s and ’60s, when foreign competition didn’t exist. By 2009, that heyday was long, long past — and the Great Recession brought their highly flawed business model crashing down.

The $17 billion in loans from the Bush administration in its waning days wasn’t enough. GM and Chrysler came hat in hand to the President Obama for a little more hope and change.
An easy solution would have been to let the companies reorganize under Chapter 11 of the bankruptcy code. They’d have had a good chance to survive; plenty of other companies have restructured under bankruptcy protection and emerged later as viable businesses. American Airlines is doing it right now, and without major disruptions in service, or mass layoffs.

As it turned out, Chrysler and then GM did declare banktuptcy — but the resolution wasn’t the normal court-overseen reorganization. Under Obama, the feds dumped in tens of billions more into the companies and took controlling stakes in an industry that was once a bedrock of free-market capitalism.

In the administration-overseen restructuring, bondholders got hit hard in what many legal experts say was a violation of bankruptcy laws, and dealerships around the nation got slammed
.
But the president’s buddies in the United Auto Workers largely feasted. Sure, the absurd “jobs bank” — Detroit’s version of a “no show job,” where the auto companies basically handed fired workers free money — got shut down. And new hires lost out on the old guaranteed pensions for the market-driven 401-k plan that most of the rest of us rely on for retirement.

Via: New York Post



OBAMA LEGACY: CANADA HAS FREEST ECONOMY IN NORTH AMERICA


The foundational stone of American Exceptionalism has always been our economic freedom. The ability of individuals, regardless of background or circumstances, to freely engage in the marketplace to lift their own fortunes has been our nation's greatest strength. With economic freedom, none of the "isms" that keep the left up at night matter. We are all truly, regardless of race, gender, class or anything else, "captains of our fate and masters of our souls." A decade ago, we were the second most economically free country in the world. Today, under Obama, we are 18th

Every year, The Fraser Institute, a free-market think tank in Canada, compiles a highly respected index of economic freedom in countries around the world. Broadly speaking, it looks at five critical components to freedom: size of government, rule of law, sound money, free trade and regulation. Historically, the US has been near the top of the table in economic freedom, surpassed only by the city-states of Hong Kong and Singapore. This year, we are 18th in the world, while our northern neighbor, Canada, has become the 5th most economically free nation in the world. 
Let us pause here and list the countries that are more economically free than ours. 
Hong Kong, Singapore, New Zealand, Australia, Canada, Bahrain, Mauritius, Finland, Chile, United Arab Emirates, Ireland, United Kingdom, United Arab Emirates, Estonia, Taiwan, Denmark and Qatar. 
We are just barely ahead of Kuwait and Cyprus. 

UNITED STATES OF O-MERICA: PRESIDENT RELIES ON CULT OF PERSONALITY IN TIGHT ELECTION


It’s difficult to understand how a president with the most failure-ridden foreign and domestic policy in modern history still stands to win some 47 percent of the American vote, according to the latest polls. But the answer is simple. Since 2007, Barack Obama has been building a cult of personality reminiscent of fascist leaders. That doesn’t mean he’s a fascist; it doesn’t mean that he’s Hitler or Mussolini or Stalin. But his semiotics and iconography are far more suited for a fascist country than a vibrant republic.

Yesterday, the Obama campaign tweeted about a brand new set of products on its website: “A poster to say there are no red states or blue states, only the United States.” Only the poster wasn’t of our flag. It was of a United States dominated by the Obama symbol:
The poster was labeled, “OUR STRIPES: FLAG PRINT.” Those are not our stripes. Those are Obama’s stripes. And we are all his subjects.
This, of course, was not the first time that the Obama campaign had expressed the view that the United States are truly the Obama States. Back in May, Obama’s campaign tweeted out this delightful picture, with the exact same slogan: “There are no red or blue states, just the United States”:

The Delphi Debacle Union members were made whole at the expense of non-union employees in auto bankruptcy


Fred Arndt and his brother Dave came to General Motors straight out of high school.
They spent their entire careers building the engine cooling systems that increase the lifespan of Cadillacs and other vehicles. Dave worked in assembly; Fred, one year younger, qualified for GM University, which propelled him to work as a draftsman and engineer. They worked the line side-by-side. Dave built the parts Fred had designed.
The brothers made their way to Delphi, an auto supplier spun off from GM that builds components—seats, instrument panels, steering and suspension systems—for cars.
After more than 30 years with the company, the brothers retired in their native Michigan. They watched as Delphi’s growing labor costs dragged it into Chapter 11 bankruptcy in 2005. It would not emerge until 2009 when the government stepped in with $50 billion for GM.
And then the Arndt brothers’ paths diverged. Fred, 64, lost his health, dental, and life insurance, along with 70 percent of his pension. Dave lost five percent of his health insurance and some dental coverage.
His pension, however, was made whole.
The difference: union membership. Dave is a member of United Auto Workers—the labor group that financially backs the Democratic Party. Fred was considered management.
“I worked for GM and Delphi because I thought I had security; I worked my buns off to be a ‘company guy,’ and to be treated this way in retirement is incredible,” he said. “I knew there would be a price to pay, but I expected everyone to take a cut—not just the salaried guys.”
When GM separated from Delphi in 1999, Fred travelled far from Michigan. He worked all over Ohio and in company plants in upstate New York. As he neared retirement, he returned to Saginaw, Mich., and commuted 100 miles each day to Delphi headquarters in Troy. He retired a bit earlier than he had expected—the daily drive took its toll. He never had children, so he had plenty of savings to supplement his pension. Now he has been forced to use the money to pay for his home, groceries, and gas.

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