Politicians are all alike. Once we understand that, and Occupy America, we can be rid of them.

Commentary on The Capital Markets

Just to make sure everyone understands, diverting funds isn't just a city and state sport.  Why no, we do it for those who make political donations too — especially those who bundle together really big political donations….

A new book by Hoover Institution fellow Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer, 4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.”

Those companies’ “political largesse is probably the best investment they ever made in alternative energy,” Schweizer explains. “It brought them returns many times over.”

80% eh?  That's a pretty impressive number.  And while I can argue that renewable energy companies are probably more likely to be run by Democrats than Republicans you can be a Democrat and not give a lot of money to a Presidential campaign, can't you?

Why yes you can…. but in this case the “yes we can” appears to be directly related to Obama's political donations — give him a lot of money and the federal spigot will open and shower you with taxpayer funds!

This might be defensible if these companies actually turned out to be good investments.  But then we have Solyndra, which it appears was on the verge of failure just before it was bailed out, and it appears the firm re-wrote loan covenants to effectively pay off prior private party loans with the nice taxpayer milk that came from you and I even as the firm was on the verge of failure!

Only in government, my friends.  No private lender would ever allow such a thing to happen.

In private business when you try to screw someone like this the attempt is almost-certain to draw a lawsuit in response and might draw a criminal charge.

When it comes to government handouts?

Not so much.

Here is your crook in chief, making sure that your hard-earned tax money is siphoned off to his cronies that in turn “donate” money to his re-election campaign….

Ps: Yes, the mis-spelling in the title is intentional and you're the one getting hosed.

Not acceptable

Jesse Kornbluth

GET UPDATES FROM JESSE KORNBLUTH

 

The Police Riot at Berkeley: If They'll Beat a Poet Laureate, Will They Kill a Student?

Posted: 11/13/11 03:02 PM ET


I am going to post this just once more.

The economy of the world is tanking.  It is not sustainable – it is not recoverable.  It is the end of conspicuous consumption.  Many, or even most of the people who read my stuff still believe in Precious metals.  And, sure enough, the price of silver and gold is snaking up, while the more rare platinum isn't.  The argument I hear most often is this “When paper currency becomes worthless, by ounce of gold will be worth $10,000.  It may well be.  But it will be worth $10,000 of the worthless dollars you are trying to hedge against.  It doesn't matter how much it's worth in dollars if dollars are worthless.

The people who don't read this have no idea what gold and silver are selling for.  They don't have any and if the dollar fails, they will either take your gold and silver at face value or not at all.  If someone can explain why I'd trade a $20 St.Gaudins gold double eagle for more than $20 – of the value “I” set after the dollar fails, tell me why.

I have my own idea about what constitutes 'Precious metals”.  Hard goods.  Firearms and ammunition, spare parts, optics. cast iron cookware, KNOWLEDGE.  What do I hear? “But your firearms won't be worth anything either”.  Of course they aren't – in dollars.  But I'm not going to be selling them.  They are worth my life and my ability to take and keep food and protect my home and family.

If I can do that, and you can't, who will be coming to whom for food, shelter, and safety.  Keep your gold and silver.  Brink your abilities, your honesty, your knowledge, and your compassion.  But at my train stop, if you come in peace, you will be repaid in kind.  If you come to take and not to give, or to share, we'll see.

This shouldn't read like a threat.  It isn't.  I don't make threats – it just gives the other person a heads-up.  This should read like a friendly offer of mutual community should the need ever arise.  But, while we are not aggressors, neither are we victims.  We don't threaten.  We don't raise our voices.  We are enlightened and at peace.  Please do not disturb the harmony of anyone's life while you are among us.  We shall treat you like a jewel on the cushion of hospitality until you decide otherwise.

a hui hou
T