10/14/11

O-Corruption Stench Colors 2012

Taxpayer handout to UAW 30x worse than Solyndra


Say, how's that GM investment working out for taxpayers?

BailoutCost.com calculates to the second and to the penny how much we are in the hole on the Government Motors bailout.

Briefly: We own about 500 million GM shares. To break even, they need to be sold at $53 per. Right now they're trading at about $23.

Which loses us about $15 billion.

Remember, Solyndra lost us: $0.5 billion.

I'm not real good at math, but that seems like a lot more.

20-30 times more (again, depending on the share price whence we sell).

(cross-posted from directorblue.blogspot.com)

More O-GreenFraud Surfaces

P2P the common thread in WH jobs strategy
The sister-in-law of John Podesta, President Obama’s influential White House transition director, served as the lobbyist for a wind power firm that was just awarded a $135.8 million loan guarantee from the Department of Energy.

The company is Brookfield Asset Management. It boasts a board of nine directors, including New York Mayor Michael Bloomberg’s long-term girlfriend.

The Energy Department’s promise to Brookfield marks the latest in controversial massive alternative energy loans to companies with strong ties to the Obama White House and to top Democrat lawmakers.
(from commonamericanjournal.com)

National Socialist Workers Party Redux?

Many folks forget that Nazi Germans were good #OWS collectivists, too

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Norman Thomas Cited!

#OWS forces a look-back into Prog tradition, history
Norman Thomas, a U.S. Socialist Party candidate for president, once famously said, “The American people will never knowingly adopt Socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the Socialist program, until one day America will be a socialist nation, without knowing how it happened.”

Thomas ran for president six consecutive times from 1928. He needn’t have bothered as Franklin Delano Roosevelt and subsequent Democrat Presidents introduced most of the planks of the Communist Manifesto and we live with them to this day.

The Occupy Wall Street youngsters are the latest foot soldiers of Communism, though it is likely most are too ignorant to realize it. They have been so thoroughly indoctrinated in government schools and by Hollywood and the media that they have no idea how they are being used by labor unions and other leftist organizations.

The protesters are likely unaware of the misery and murders Marx’s Communism imposed on Russia courtesy of Lenin, Stalin, and those who followed in their footsteps. Mao’s Red China murdered thousands as well in the pursuit of the “equality” that is the alleged goal of Communism and liberalism.

In 1848, Karl Marx and Frederick Engels wrote “The Communist Manifesto.” Marx never held a job in his life, living off of donations from Engels and others. He failed miserable at every enterprise he tried, including publishing newspapers.
The Manifesto had ten planks. The first was the abolition of property in land and the application of all rents to public purposes.
(Alan Caruba's full story at emergingcorruption.com)

Obama ❤ Natural Disasters

Leninist leader guides U.S. into collectivist ash plume

Cartoon:

Click image for
President Obama's
Cloward-Piven Strategy



On #Wealth And #Poverty

#OWS Progs missed the memo


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#ODC Explains The Prog Left

Deconstructing the #OccupyAmerica demands

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#Occupy This!

These are the 99% we've been waiting for?

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