Thursday
Oct182012
Obama's $9B 'Green Stimulus' Created 900 Jobs: $10M Each
Good work, Mr. President. Ten million dollars per job:
- $9 Billion Stimulus for Solar and Wind Created 910 Jobs - Cost $10M Per Job
- Did Haliburton Just Try Selling Dirty Bomb Materials To Terrorists?
- ABC: Obama Falsely Claims Fast & Furious "Began Under Bush"
- IG Says White House ‘Made it Impossible’ to Pursue Lead in Fast & Furious
- Take the Test to See If You Are Considered a 'Potential Terrorist' By the Feds
- How Barack Obama Made His Fortune
- As Low Rates Depress Savers, Governments Reap Benefits
- Court allows mortgage debt class-action lawsuit vs Goldman Sachs
- The Failed War on Drugs: An Infographic
- Saudis offer extra oil to control prices - FT
- CHART: Stocks and Bonds Since 1900
- Federal employees work a month less per year than private sector: report
- BofA 'too slow' in modifying loans under $25B fraud settlement
- IMF Censures Argentina Over False Inflation Data
- Producer Of Anti-Islam Film Was Fed Snitch - The Smoking Gun
- Science: Humans Eventually Will All Look Like Brazilians
- The Death of Sunny Sheu - Update
Reader Comments (20)
AMERICA – MILLIONS OF JOBS ARE AVAILABLE NOW; MILLIONS OF MORTGAGES SAVED NOW; MILLIONS OF STUDENT LOAN DEBTS CLEARED NOW; THOUSANDS OF VETERANS THANKED NOW-INCLUDING HOMELESS VETERANS!
To relieve the pressure, prevent the collapse of a once vibrant and beneficial system of assistance to those in need; and to encourage support for those who have worked hard to support others, the time has come to initiate the following ECONOMIC FREEDOM AND STABILITY ACT.
The simplicity of the following program is exactly what America needs to take the pressure off burdening supports, and encourage re-investment in the American way of life.
THE ECONOMIC FREEDOM AND STABILITY ACT (EFSA)
This is an INVEST AMERICA (I AM) - SOLUTION
Instead of giving any further bail-outs of billions of dollars to the banks, financial houses, or corporations that will squander the money on obscene and unearned bonuses without giving any thought to using those funds for the betterment of the poor and middle class, the following plan is presented instead:
PLAN A:
There are 50-60 million baby boomers who remain employed in the work force. We suggest that the United States government offer each of those employed baby boomers $1 million dollars each, tax free, as severance to retire from their employment within 30 days of receipt of the $1 million dollar severance with the following stipulations:
I. The new EFSA retiree MUST cease their current employment and not hire on as an employee anywhere in America ever again. 50-60 million job openings will occur – Younger potential employees and college graduates are then hired. Unemployment costs saved and employment opportunities will immediately be resolved. (The new retirees CAN start a business, and they can eventually hire new employees too).
II. The new EFSA retiree MUST buy a new AMERICAN made energy saving, green rated automobile. With 50-60 million new American made vehicles ordered the auto industry will once again become stable and solvent with jobs and needed resources enjoying economic growth- Employment, Environment and Auto Industry fixed.
III. The new EFSA retiree MUST either buy an American house/condo or pay off their existing mortgage thereby increasing jobs, and stabilizing the housing and mortgage issues – Employment and Housing Crisis fixed.
IV. The new EFSA retiree MUST purchase a life insurance policy to insure that those who depend on them for support will be taken care of in the event of untimely death or medical setback. –Dependents and Caregiver Coverage Fixed.
V. The new EFSA retiree MUST purchase and carry yearly medical, dental and vision coverage for themselves and their dependents, decreasing healthcare costs and burdens for the nation, and ensure continued wellbeing and quality of life. – Financial, Employment and Healthcare Coverage Fixed.
VI. The new EFSA retiree MUST forfeit all future Social Security, Medicare, and/or Medicaid benefits decreasing trillions of dollars of social welfare costs; eliminating the financial burdens on the coming generations, and encouraging self-determination. Budget Deficit fixed.
*** Certainly even some of the noted suggestions warrant further consideration, or the opportunity to be further elaborated on and implemented. Such an economic and stability program could be in effect by the end of 2011 without much financial investment considering the billions of taxpayer dollars being wasted each minute as you read this proposal.
signed
RL Stephens
How the Obama Administration Rewrote the Solyndra
Loan to Put Private Investors Ahead of Taxpayers
http://newmediajournal.us/indx.php/item/6372
Solyndra Bankruptcy: Solar Panel Company Won't Pay Back Most Of $527 Million Govt Loan
http://www.huffingtonpost.com/2012/07/30/solyndra-bankruptcy-government-loan_n_1721043.html
The Federal Reserve Is Systematically Destroying Social Security And The Retirement Plans Of Millions Of Americans
http://theeconomiccollapseblog.com/archives/the-federal-reserve-is-systematically-destroying-social-security-and-the-retirement-plans-of-millions-of-americans
Reality Check: What is QE3? And What It Means For The U.S. Economy
http://www.youtube.com/watch?v=hf2WAw81OqQ
Bernanke Wants You to Buy Stocks, but Risk Is High
http://www.moneynews.com/StreetTalk/fed-bernanke-stocks-buy/2012/09/21/id/457163
Obama is stealing Wall Street from Romney
http://articles.marketwatch.com/2012-09-18/commentary/33904463_1_romney-wall-street-president-obama
Federal Reserve policies favor the rich
http://money.cnn.com/2012/09/20/news/economy/federal-reserve-rich/index.html?iid=Lead
Glenn Greenwald Obama officials' spin on Benghazi attack mirrors Bin Laden raid untruths
http://www.guardian.co.uk/commentisfree/2012/sep/20/obama-officials-spin-benghazi-attack
More Americans Added to Food Stamps Than Find Jobs
http://www.weeklystandard.com/blogs/more-americans-added-food-stamps-find-jobs_652837.html
DNC owes millions to union-owned bank, records show
http://freebeacon.com/dnc-literally-in-hock-to-seiu/
Great link on the palm scanning. That is frightening. And they are indoctrinating the kids when they are young and don't know any better.
http://www.carrollcountytimes.com/news/local/new-computerized-technology-with-palm-scanning-machines-is-being-installed/article_b48bbf3a-dceb-54a7-94ba-58b32f5a3192.html
Awesome job with the links, as usual.
http://bjdurk.newsvine.com/_news/2012/03/27/10887207-massachusetts-green-bubble-alert-a123-systems-aone
A. The fact that the only thing "green" about Obama's energy programs is the taxpayer cash they enable Obama's campaign contributors to steal.
B. The fact that Mitt Romney is too much of a coward to call Obama out on it.
You almost have to admire how the cult of personality propagated by the corporate media has absolutely diabled people's ability to think in terms of issues. I have friends and family both whose reaction to "the other candidate" on TV is just a photonegative of my nephew's response to Elmo, and he's 2 years old.
The infantilization of the U.S. adult population is a slow motion terror to live through.
http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/
[snip]
The complete list of faltering or bankrupt green-energy companies:
Evergreen Solar ($24 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($69 million)*
AES’s subsidiary Eastern Energy ($17.1 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.5 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
National Renewable Energy Lab ($200 million)
Fisker Automotive ($528 million)
Abound Solar ($374 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.4 million)*
Stirling Energy Systems ($7 million)*
LSP Energy ($2.1 billion)*
UniSolar ($100 million)*
Azure Dynamics ($120 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($150 million)
Nordic Windpower ($16 million)*
Navistar ($10 million)
Satcon ($3 million)*
*Denotes companies that have filed for bankruptcy.
http://blog.heritage.org/2012/10/18/another-doe-backed-solar-company-goes-bankrupt/
Skin, Goldman Sachs and a few other very big financial concerns here and abroad are connected to this mess. Romney and Obama will not say much because they are in essence, literally owned by them.
http://www.reuters.com/article/2012/05/23/goldman-green-idUSL1E8GMDPR20120523
http://www.youtube.com/watch?feature=player_embedded&v=yZztn2pfC3I
http://washingtonexaminer.com/green-company-creates-three-jobs-in-three-years-gets-another-80-million-from-doe/article/2500569
This one got by me.
http://wfb.zeek.com/king-of-the-wind/
DB, I am reposting this here (from green energy blues) as I was involved in the deregulatory process (and a stakeholder) back in 97-01 and can attest that this article which I have nothing to do with is factually correct and sums it up nicely. However, more serious issues are involved as I have said before and will be elaborated upon hopefully soon.
john
[snip]
Placement in jobs retained more than six months through a $500 million Labor Department green-jobs training program is falling 84 percent short of its goal, according to a report released Friday.
The Labor inspector general audit offered a bleak picture of one of President Obama’s chief stimulus and policy goals — creating green jobs.