Monday, January 30, 2012

The Most Audacious Armed Robbery in History -- and Those Who Would Sit Out an Election

The Democrats' 2009 Stimulus package was, in my estimation, the most audacious armed robbery in world history. Literally hundreds of billions of dollars were stolen from American taxpayers -- and generations yet unborn -- to reward Democrat campaign contributors.

Solyndra was only the most basic example of these crimes. In fact, though you wouldn't know it from reading the funny papers, a whole series of "green energy" companies are in varying stages of collapse. For the most recent example, please consider: "Another Stimulus-Backed Energy Company Files for Bankruptcy":

After months of financial turmoil, an Energy Department-backed lithium ion battery company has filed for Chapter 11 bankruptcy protection. The company, Ener1, received a $118 million grant from DOE in 2010 as part of the president’s stimulus package. The money, which went to Ener1 subsidiary EnerDel, aimed to promote renewable energy storage battery technology for electrical grid use.

Oh, and don't forget about Beacon Power:

Beacon Power Company received $39 million of its government-guaranteed loan before it filed for bankruptcy. Beacon Power developed new technology that supposedly provides energy storage designed to help the intermittent solar and wind power be used by power grids, which need stable power to remain reliable.

Not to mention Amonix:

Just seven months after California-based solar power company Amonix Inc. opened its largest manufacturing plant, in North Las Vegas, the company’s contractor has laid off nearly two-thirds of its workforce... Amonix received a $5.9 million investment tax credit through the American Reinvestment and Recovery Act in 2010...

I've got a million of 'em. In fact, that's why I created "The Handy-Dandy EnergyGate Cheat Sheet" -- to keep track of all the wanton criminality associated with the "green collar" jobs that are disappearing faster than a double-chocolate brownie placed in front of Michael Moore.

I would wager $1,000 that a complete investigation of each "green energy" company and its backers -- by third-party, forensic accountants -- would expose a web of ties linking those who benefited to some of the Democrat Party's largest donors. Cause that's the way they roll.

The most shocking aspect of these crimes is that the White House privately admitted that the Stimulus had nothing -- Nuh. Thing. -- to do with rescuing the economy. A recently revealed, December 15, 2008 memo from Obama's senior economic adviser Larry Summers to the president stated explicitly that the suggested spending packages were not about rescuing the economy... they were about rewarding Obama's backers.

The Stimulus is an ongoing crime perpetrated by the Democrats against the American people.

And why do I call this thievery an "armed robbery"? Said simply, Obama and his minions plundered America's wealth -- indebting an untold number of future generations in the process -- using the force of law. This is, as Bastiat put it, "legal plunder."

It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.

What are the consequences of such a perversion? It would require volumes to describe them all. Thus we must content ourselves with pointing out the most striking.

In the first place, it erases from everyone's conscience the distinction between justice and injustice.

No society can exist unless the laws are respected to a certain degree. The safest way to make laws respected is to make them respectable. When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law.

Bastiat was describing, more than 150 years before they came to power, the 111th Congress and President Obama.

While I support Rick Santorum in this primary process, I don't care if a crippled kangaroo is the GOP candidate. I will vote to oust Obama and to begin to save this precious country. Those who want to "sit it out" in protest should consider the impact of their inaction on subsequent generations, who we've already condemned to an ominous future. If collapse is what you seek, remember that this generation -- our generation -- will be forever marked as those who lost America.

This theft will not stand. It must not stand. And I will walk on broken glass and hot coals to vote this failed president out of office in November, while bolstering the number of true conservatives in Congress. It's the least we can do. So stop bitching about Mitt Romney, the GOP establishment, or the fact that your latte isn't hot enough. We've been at this for little more than two years. And Rome wasn't built in a day.

You and I, we've got a country to save.


Reliapundit said...
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Reliapundit said...









Anonymous said...


Joan of Argghh! said...

Here's the deal,as long as we're just airing it out: It's looking more and more like the RNC intends to marginalize Conservatism. If I thought that for one moment that they needed my vote, I'd pony up. They're making it pretty clear that they have the $$ to buy all the votes they need. Or am I missing what GWB did when he couldn't find his veto pen?

I GET the enormity of the situation. I just need convincing that the RNC isn't rotten to its core. Go ahead. I'm listening.

I need to be convinced that the party that gave us McCain hasn't stupidly thought, "well, Moderate McCain was too old, so let's trot out a younger moderate this time."

Convince me that Romney GETS the enormity of the situation. He certainly hasn't yet.

Joan of Argghh! said...

Still need convincing.

Joan of Argghh! said...

From your own links, this is the GOP's strategy for Conservativism it would seem. Marginalize it.

Convince me they need my vote. They don't act like a party that needs it.

Chunkdog said...

I think you're overreacting a little. I mean what could possibly be suspicious about Ener1?
Not the fact that 40% of Ener1's stock is owned by Ener1 board member, Boris Zingarevich, a Russian, who reportedly has fairly close connections to Putin and Medved and who is rumored to have been a member of the russian mafia.

This is the same man who bought green car maker, "Think Global AS" in July, after it declared bankruptcy.
Think Global was to be one of Ener1's biggest battery buying customers.

Concerns were raised, back in 2009, about the DOE granting millions of dollars to a company with 40% russian ownership, but, of course, they were ignored.

Also, this may or may not be fishy, since I'm a total dolt when it comes to financials. But in Nov. 2011, just 2 months before Ener1 declared bankruptcy, they signed a $4,500,000 Loan Agreement with Bzinfin S.A.

Bzinfin is "owned and controlled by Mr. Zingarevich."

How could you be suspicious?

David said...

Yeah Joan, agreed. I'm still waiting too... as the crickets chirp in the distance....

Joe Mudd said...

The Bastiat quote says the same thing about the CRONY GOP that lines it's pockets with lobbyist money too.
Here's an idea an Amendment that calls for the total separation of Business and state, then put an end to the Federal Reserve.

Takamas said...

I knew about Solyndra and one other company, but I didn't know about those others. Ugh! Just to check your fairness, how many other green companies were awarded federal money, and what percentage saw successes? I mean, one can claim that these failures were just anomalies. (Unless they're not anomalies, that is.)

directorblue said...

@Takamas - see the "Energygate Cheat Sheet" link referenced in the article...

Robert said...

funny isn't it, that great men who lived before TV and before radio and before cars and before planes and before microwave ovens, KNEW WHAT EVIL WAS AND IS.

they KNEW that this evil never goes away, and always returns to plague free people.

and look at the EVIL ruling us now. spitting on our constitution, ignoring good laws and adding bad laws to help themselves to our money and our freedom.

time to fight, folks.

alanstorm said...

"I don't care if a crippled kangaroo is the GOP candidate."

Your alternative has the added value that we would never have to hear it speak.

Anonymous said...

"Inaction is always more culpable than action. Even where action includes affirmative acts towards negative ends. "

One example of this is the John McCain "a bad law is better than no law" principle.
Another is the voting for the lesser of two SELECTED evils.
Another is cajoling others into LIMITING their own choices to your TWO selected evils -- usually by a variety of fallacious arguments an circular reasoning.

Another is the blaming of others for a "de facto" selection of the greater evil by inaction, when the FORCING of the choice between evils was the result of YOUR AFFIRMATIVE ACT.

There is nothing correct, moral, or logical about these ACTIONS. All involve circular or otherwise faulty logic.

They are bald attempts to deceive others and into voting for the selected candidate of the person making the argument -- an argument which always involves false dichotomies; circular reasoning; bandwagoneering; appeals to popularity, emotion, fear, and ridicule; and PRE-EMPTIVE ad hominems.

Remember, you are free to vote for whomever you wish. You may vote for the best candidate, or the lesser of two evils -- neither of which was chosen by you.

DO NOT be bullied by false arguments into making a selection you do not want to make; and do not live in the FEAR of being FALSELY ACCUSED of responsibility for ANY evil, by those who AFFIRMATIVELY select evil -- greater OR lesser.