Obama administration gave $21.8 million stimulus grant to build a biofuel refinery. Then, had the Navy pay $15 a gallon for biofuel

December 19, 2011
(bluegrasspundit.com)The $15 a gallon price is 4 times the world market price of conventional jet fuel. The U.S. has plenty of oil and natural gas if the Obama administration would only permit expanded exploration and development.

The announcement is part of President Obama’s goal of advancing a domestic biofuels industry capable of powering vehicles that now use diesel and jet fuel. It’s also part of the administration’s ongoing effort to try to advance parts of its energy agenda that don’t require congressional approval. Another case in point was Obama’s announcement on Friday of new energy-efficient building initiatives. “We can’t wait for Congress to act,” Obama said on Friday. “If they won’t act, I will.” The same concept holds true for Monday’s announcement.
The purchase of 450,000 gallons represents a drop in the bucket of the Navy’s annual usage of more than 670 million gallons of fuel. It will also cost the military more up front. Mabus said the Navy will pay about $15 a gallon for the biofuel-gasoline blend it will use in a demonstration project it will conduct next summer near Hawaii. He said he hopes the Navy will be able to power a normal mission by 2016 with a 50 percent blend of gasoline and biofuels.

The name of the lucky company selling the overpriced biofuel is Solazyme. They got $21 million in Stimulus money.


Mortimer Zuckerman: The Exasperation of the Democratic Billionaire

October 17, 2011
Media_httpsiwsjnetpub_vejmg(WSJ) …he supported Mr. Obama’s call for heavy spending on infrastructure. “But if you look at the make-up of the stimulus program,” says Mr. Zuckerman, “roughly half of it went to state and local municipalities, which is in effect to the municipal unions which are at the core of the Democratic Party.”


Krugman: Obama Should Just Lie to Americans to Get Another Stimulus

July 23, 2011


Paul Krugman, the New York Times’ liberal with no conscience, posted an opinion piece in which he offered a solution to the current economic situation: lie to Americans to get them to buy into another round of massive stimulus spending.

Suppose that Obama announces that we face a clear and present danger from Ruritania, and that to meet that threat we need immediate investment in roads and rail (to move troops, of course). The economy surges on the emergency spending — and newly employed men and women at last get to move out of their relatives’ basements. Home construction surges. Then Obama apologizes, says that his advisers have learned that there is no such country as Ruritania, and cancels the program. But we still have the new roads and rail links; plus, the surge in housing demand is now self-sustaining, and the economy remains strong.

If I were Obama I would put a muzzle on Krugman. He obviously isn’t on the inside… if he were he would not be so candid. btw… Krugman… the armed forces do employ a lot of youth already. Building bridges to nowhere is not going to help. but the idea Krugman is proposing sounds like ancient Egypt where modern scholars make conjectures that the Pyramids were massive public works designed to keep a disenchanted public busy. This is LIBERAL now?


Giving $450 Million Stimulus Funds to CHINESE COMPANY

December 9, 2010

Steve Marcus  /  Las Vegas Sun

Image: Senate Majority leader Harry Reid, center, arrives for the dedication of a wind power manufacturing facility in Henderson, Nev.Three weeks before Election Day, Senate Majority leader Harry Reid, D-Nev., center, arrives for the dedication of a wind farm in Henderson, Nev., on Oct. 12, 2010. With him are, second from left, Kai Huang, deputy mayor of Shenyang, China; Jinxiang Lu, second from right, chairman and CEO of A-Power Energy Generation Systems, a Chinese company, and Tom Conway, right, international vice president of the United Steelworkers union. Reid’s support, and the plan to create jobs in Nevada, helped blunt congressional criticism that stimulus money was going to the Chinese company, which also plans a large wind farm in West Texas. The company is hoping to receive money through the U.S. Energy Department.
Top Democratic fundraisers and lobbyists with links to the White House are behind a proposed wind farm in Texas that stands to get $450 million in stimulus money, even though a Chinese company would operate the farm and its turbines would be built in China.

The farm’s backers also have close ties with Senate Majority Leader Harry Reid, D-Nev., who, at the height of his hard-fought re-election bid this fall, helped blunt congressional criticism over stimulus dollars possibly going to create jobs in China by endorsing a proposal by the Chinese company to build a factory in his home state. Although his campaign received thousands of dollars in donations from the wind farm’s backers and Reid stood on stage with them at a campaign event they hosted, his office declined to answer any questions about the wind farm’s organizers or their plans for Nevada

The wind farm, first announced more than a year ago, would consist of 300 2-megawatt wind turbines, each perched atop a 26-story-tall steel tower and spinning three blades — each half the length of a football field. The farm would span three counties and 36,000 acres in West Texas land best known for its oil.  Dubbed the Spinning Star wind farm, the project’s 600-megawatt capacity is, theoretically, enough to power 180,000 American homes and would be the sixth-largest wind farm in the country.
It is being planned by an unusual joint partnership between the U.S. Renewable Energy Group, a Dallas investment firm with strong ties to Washington and the Democratic Party, and A-Power Energy Generation Systems, an upstart Chinese supplier of wind turbines. Filings with the Securities and Exchange Commission indicate the Chinese are bringing financing and the turbines.
What the Americans are supplying is the local know-how and political clout in Washington, where decisions on how to distribute billions in loan guarantees, stimulus grants and financial incentives are made.


so our government borrows half a billion dollars and provides energy for a tiny fraction of people to give the Chinese jobs?  This is Green?  I guess in a way it is

Mortimer Zuckerman: The Exasperation of the Democratic Billionaire

February 16, 2010

Media_httpsiwsjnetpub_vejmg…he supported Mr. Obama’s call for heavy spending on infrastructure. “But if you look at the make-up of the stimulus program,” says Mr. Zuckerman, “roughly half of it went to state and local municipalities, which is in effect to the municipal unions which are at the core of the Democratic Party.”


Federal Pump

January 21, 2010
Debt is now around 11 trillion! that is almost double what it was when Bush left office and the jobs were not made. Unemployment is at 10%. Our Stimulus was less then a Trillian. around seven tenths of a Trillian. That leaves five Trillion spent by Obama in a year when Bush and Clinton only spent three Trillian in eight years.


Federal Pump
Originally uploaded by simonstudionyc

“from Jan. 20, 2001, to Jan. 20, 2009, the debt held by the public grew $3 trillion under Mr. Bush—to $6.3 trillion from $3.3 trillion at a time when the national economy grew as well.” “Mr. Axelrod claims the pork-laden stimulus package has been a success. But Mr. Obama told Americans that if it were passed, unemployment wouldn’t rise above 8%. It is now 10%. The president also said it would create 3.7 million jobs, 90% of which would be in the private sector. By Mr. Obama’s standards, the stimulus failed miserably.”

By comparison, from the day Mr. Obama took office last year to the end of the current fiscal year, according to the Office of Management and Budget, the debt held by the public will grow by $3.3 trillion. In 20 months, Mr. Obama will add as much debt as Mr. Bush ran up in eight years.

Mr. Obama’s spending plan approved by Congress last February calls for doubling the national debt in five years and nearly tripling it in 10.

Mr. Bush’s deficits ran an average of 3.2% of GDP, slightly above the post World War II average of 2.7%. Mr. Obama’s plan calls for deficits that will average 4.2% over the next decade.

Team Obama has been on history’s biggest spending spree, which has included a $787 billion stimulus, a $30 billion expansion of a child health-care program, and a $410 billion federal spending bill that increased nondefense discretionary spending 10% for the last half of fiscal year 2009. Mr. Obama also hiked nondefense discretionary spending another 12% for fiscal year 2010.
About Karl Rove


Federal Pump

January 21, 2010
Debt is now around 11 trillion! that is almost double what it was when Bush left office and the jobs were not made. Unemployment is at 10%. Our Stimulus was less then a Trillian. around seven tenths of a Trillian. That leaves five Trillion spent by Obama in a year when Bush and Clinton only spent three Trillian in eight years.


Federal Pump
Originally uploaded by simonstudionyc

“from Jan. 20, 2001, to Jan. 20, 2009, the debt held by the public grew $3 trillion under Mr. Bush—to $6.3 trillion from $3.3 trillion at a time when the national economy grew as well.” “Mr. Axelrod claims the pork-laden stimulus package has been a success. But Mr. Obama told Americans that if it were passed, unemployment wouldn’t rise above 8%. It is now 10%. The president also said it would create 3.7 million jobs, 90% of which would be in the private sector. By Mr. Obama’s standards, the stimulus failed miserably.”

By comparison, from the day Mr. Obama took office last year to the end of the current fiscal year, according to the Office of Management and Budget, the debt held by the public will grow by $3.3 trillion. In 20 months, Mr. Obama will add as much debt as Mr. Bush ran up in eight years.

Mr. Obama’s spending plan approved by Congress last February calls for doubling the national debt in five years and nearly tripling it in 10.

Mr. Bush’s deficits ran an average of 3.2% of GDP, slightly above the post World War II average of 2.7%. Mr. Obama’s plan calls for deficits that will average 4.2% over the next decade.

Team Obama has been on history’s biggest spending spree, which has included a $787 billion stimulus, a $30 billion expansion of a child health-care program, and a $410 billion federal spending bill that increased nondefense discretionary spending 10% for the last half of fiscal year 2009. Mr. Obama also hiked nondefense discretionary spending another 12% for fiscal year 2010.
About Karl Rove