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Stimulus
  • Solyndra Bankruptcy Proves Once and For All That Green Energy Is Bad

    You liberal hippies and your so called "green" energy. First of all, it's been a few years since Obama's promise to provide it for us, and I haven't seen so much as a solitary verdant photon emerging from my wall outlet.*

    And now we have this Solyndra scandal brewing. It got a $535 million loan from the federal government to create a bunch of jobs while helping to ween the country off its dependency on fossil fuels, but now it's bankrupt.

    Ergo, environmentalism is wrong wrong wrong

    Once hailed by the Obama administration a key example of its commitment to green tech driving growth and creating jobs, solar company Solyndra has since lost a good deal of its shine. It’s now bankrupt and the target of a federal criminal investigation…

    According to the Wall Street Journal, the FBI’s criminal investigation focuses on "whether Solyndra executives knowingly misled the government to secure more than $500 million in loan guarantees." (A Solyndra spokesman said the company is "fully cooperating" with the investigation.)

    Meanwhile, House Republicans on the Energy and Commerce Committee released findings yesterday from a seven-month investigation into the government’s role in approving the loan. The memo, titled "The Solyndra Story," blames the Department of Energy and the White House Office of Management and Budget for ignoring red flags "in their rush to spend stimulus dollars."

    Well, there you have it. It's like a checklist of everything that's wrong with America: environmentalism, stimulus spending and Barack Obama. I don't need to hear anything else.

    Let's get back to drilling for oil inside endangered species the way we did when America was still a country to be proud of.

    .

    * I thought I saw something slightly chartreuse fall out of the socket and onto my floor once, but it turned out to be a bug. And then my dog ate it. I think that's a metaphor for something.

    Photo by Jim Watson/AFP/Getty Images


    Tags: Barack Obama, Energy & Oil, Environment, House of Representatives, Money, Republicans, Solyndra, Stimulus
  • In Defense of Michele Bachmann and Her Awful Financial Ideologies

    My sincerest apologies, but you're about witness something that you might very well find distasteful. I am am about to (again) come to the defense of Michele Bachmann. (I know! I know! And just a day after Jon Stewart did the same ting. It feels… dirty.)

    Anyway, so, as we all know, Michele Bachmann is well known for pointing her finger and shrieking her banshee wail at President Obama's "orgy" of socialistic federal spending and issuing outraged statements about her "outrage that hardworking and responsible Americans are being shackled with the debts from bloated spending by our federal government."

    So, it seems kinda bad and hypocrite-y when something like this comes out

    A Freedom of Information Act request filed by The Huffington Post with three separate federal agencies reveals that on at least 16 separate occasions, Bachmann petitioned the federal government for direct financial help or aid. A large chunk of those requests were for funds set aside through President Obama's stimulus program, which Bachmann once labeled "fantasy economics." Bachmann made two more of those requests to the Environmental Protection Agency, an institution that she has suggested she would eliminate if she were in the White House.

    Taken as a whole, the letters underscore what Bachmann's critics describe as a glaring distance between her campaign oratory and her actual conduct as a lawmaker. Combined with previous revelations that Bachmann personally relied on a federally subsidized home loan while her husband's business benefited from Medicaid payments, it appears that one of the Tea Party's most cherished members has demonstrated that the government does, in fact, play a constructive role — at least in her life and district.

    "It had been a longstanding tradition in Congress to be fiscally conservative in every other district other than your own," said John Feehery, president of QGA Communications and a top adviser to former Speaker of the House J. Dennis Hastert. "Bachmann apparently is being a traditionalist."

    Cut and dry case of political hypocrisy at its basest, right? If Bachmann hates government money going towards the improvement of people's lives so much, shouldn't she reject the idea of requesting any of it for her own district (or family business)? Maybe… But maybe probably not, I think. And, if you care (which you probably don't), I'll explain myself.

    Read More »


    Tags: EPA, House of Representatives, Michele Bachmann, Money, Primaries, Republicans, Stimulus
  • Right Now, Even as We Speak, Chinese People Are Making Fun of Us in the Future

    How dare they? I have half a mind to send my grandchild over there to punch this professor in the nose.

    (via James Fallows)


    Tags: China, Economy, Health Care, Stimulus, TARP
  • Jon Stewart's Extended Interview with President Bill Clinton

    President Bill Clinton returned to The Daily Show last night to talk about The Clinton Global Initiative and the upcoming midterm elections. The interview went long, but you can watch the entire thing here now. All told it's about 24 minutes of thoughtful, straightforward, pragmatic discussion about the problems facing our country and the best solutions for them. Snore! Hey, Bill Clinton, a zillion years ago called. They want their heightened level of political thought and discourse back.

    Part 1

    The interview continues below.

    The Daily Show airs Monday through Thursday at 11pm / 10c.

    Read More »


    Tags: Barack Obama, Bill Clinton, Economy, Health Care, Jon Stewart, Midterms, Newt Gingrich, Stimulus, Taxes, Tea Party, The Daily Show, Unemployment, Video
  • House GOP Avoids Hypocrisy in Taking Stimulus Money


    A little over a year ago the House of Representatives passed the $787 billion stimulus measure without a single Republican vote — not one. That is how much the House GOP hates stimulus spending, and if you can't put your mouth where your money is (or, in this case, where you wish the money wasn't), then what's the point of being in Congress?

    Getting some of that stimulus money for your own district, of course. What? No! It's not hypocritical at all

    Amid mounting criticism, House Republicans said this week it is not hypocritical to vote against the stimulus and later seek money from it for their districts.

    After standing united in opposition to the president's economic stimulus bill a little more than a year ago, many Republicans have touted the benefits of that measure back in their districts, according to a comprehensive list compiled by the Democratic Congressional Campaign Committee (DCCC).

    But key House Republicans argue that a vote against the stimulus bill should not prevent them from writing a letter on behalf of constituents seeking grants available from the $787 billion measure. Some of them do say, however, that Republicans should refrain from attending photo-ops.

    Well, that makes sense.

    Hypocrisy only exists if it's caught on tape.


    Tags: Democrats, Economy, House of Representatives, Republicans, Stimulus