September 23, 2011

Passage of the Day: Daniel Henninger on ‘The Tax Morass’

Filed under: Economy,Quotes, Etc. of the Day,Taxes & Government — TBlumer @ 8:24 am

From Daniel Henninger, in Thursday’s Wall Street Journal (bolds are mine):

When John Kennedy became president, the top marginal individual rate was 91%. But the tax code was littered with loopholes—for a reason. With such high rates, tax breaks were the only way the economy could function. Kennedy got rid of loopholes and dropped the top rate to 70%. Barack Obama wants to get rid of loopholes and raise rates.

The president’s “pass-this-now” list targets tax preferences for the oil, gas, coal and insurance industries, plus an array of cats-and-dogs accounting rules and international tax practices. All these should be bargaining chips in a larger, more economically productive tax reform.

The Obama proposal would leave the current anti-growth tax morass intact, other than the higher taxes and the Buffett Rule. What he wants are wealth taxes, period. If he got that, does anyone believe he’d revisit reform in a second term?

Of course not.

Positivity: UW-Madison Catholic student group wins $500,000 in legal costs

Filed under: Positivity — TBlumer @ 6:32 am

From Madison, Wisconsin:

Sep 21, 2011 / 05:51 am

The University of Wisconsin at Madison must pay $500,000 in legal costs to the university’s Catholic group after a court ruled that it wrongly denied student funds to the group.

“Universities should recognize the constitutional rights of Christian students and ministries just as they do for all other students and campus groups,” said Jordan Lorence, senior counsel with the Alliance Defense Fund, which filed the lawsuit.

“Sadly, the University refused to do so, and instead squandered money by trying to defend the indefensible: blatant, unlawful discrimination against Christian students and ministries.”

In September 2010 the 7th U.S. Circuit Court of Appeals ruled that university officials violated the First Amendment by funding the events of other student organizations but refusing to fund certain events of Badger Catholic, a registered student group then known as the Catholic Foundation.

In 2007 the university refused to grant the group a portion of student activity fees. The university refused about $35,000 of a $253,000 request. It argued that the funding of an organization which runs evangelistic training camps and spiritual retreats amounted to an illegal endorsement of religion.

Some of the group’s activities, including its retreats, were on hold while the case advanced through the courts.

“The payment is not the issue; I’m just relieved that this has finally come to a close and that this is resolved in a way that really affirmed Badger Catholic’s original position,” Nico Fassino, president of Badger Catholic, told the university student newspaper The Daily Cardinal.

He said the ruling will allow religious student organizations across the United States to deepen their level of services to students.

The appeals court’s decision said the university “has created a public forum where the students, not the University, decide what is to be said. And having created a public forum, the University must honor the private choice.” …

Go here for the rest of the story.

September 22, 2011

Prez In Cincy: ‘Help Us Rebuild This Bridge, Pass This Bill’; Did AP’s Kuhnhenn Fabricate a Qualifying Statement?

ObamaAtBrentSpence0911Earlier this evening (at NewsBusters; at BizzyBlog), I cited a few of very many examples where the press has not hesitated during the Obama years, and really since Barack Obama became the frontrunner for the Democratic Party’s nomination in 2008, to engage in uncalled-for creativity to avoid calling a statement made a lie or an unlawful action illegal. One of the lastest: A Raleigh New & Observer reporter concluded that in implying that North Carolina has bridges in imminent danger of falling — specifically, by asking his audience: “Why would we wait to act until another bridge falls?” — Obama “may have” merely “over-suggested the risk to public safety.”

Jim Kuhnhenn’s report at the Associated Press tonight on the President’s visit to the Brent Spence Bridge over the Ohio River connecting Cincinnati to Covington, Kentucky appears to have taken the cover-up of the president’s misleading statements to a new level, as seen in the following excerpted paragraphs (bolds are mine):

(more…)

New Term For an Obama Fib: He ‘Over-suggested’

ObamaInNC091411Bruce Siceloff at the Raleigh News & Observer had the task on Tuesday of writing up the results of his newspaper’s follow-up investigation into the safety of bridges in the Raleigh-Durham, North Carolina area after Barack Obama’s visit there last week. In a speech there, the President asserted that “In North Carolina alone, there are 153 structurally deficient bridges that need to be repaired. Four of them are near here, on or around the Beltline. Why would we wait to act until another bridge falls?”

I know this will come as a total shock to readers — not — but the president wasn’t being truthful. Behold what Siceloff and his paper found, and how he felt compelled to come up with a new word to describe Obama’s untruthful characterizations (HT to Rush Limbaugh, who brought this up on the air today):

Worry not: Triangle’s bridges are safe

President Barack Obama scared some of us last week when he stopped in Raleigh to pitch his American Jobs Act.

He told an audience at N.C. State University that the nation should beef up spending to repair bad bridges – before one of them falls on us.

“In North Carolina alone, there are 153 structurally deficient bridges that need to be repaired,” Obama said Wednesday. “Four of them are near here, on or around the Beltline. Why would we wait to act until another bridge falls?”… readers wondered whether there really was cause for alarm.

… DOT engineers and administrators are fielding calls about the president’s remarks, too. They say the bridges around the Beltline and across the state are safe.

“The key thing is: We don’t have any bridges that are about to fall,” said Wally Bowman, DOT’s division chief for Wake and six neighboring counties. “We don’t have any bridge out there that is structurally inadequate, where it cannot handle the traffic. We make sure those bridges stay in a good state of repair.”

Obama appears to have undercounted his bridges. And at the same time – employing the deft spin that political speakers use when they spice up a little information to make a big impression – the president may have over-suggested the risk to public safety.

Dictionary.com says that “over-suggest” is not a word. Neither is “oversuggest.”

As one would expect, Rush had some choice words today concerning the qualify of Siceloff’s reportage (bolds are mine):

(more…)

Unemployment Claims: 423K SA, Down From Previous Week’s Upwardly Revised 432K; NSA Claims 8% Below Last Year

Filed under: Economy,Taxes & Government — TBlumer @ 9:21 am

From the Department of Labor:

SEASONALLY ADJUSTED DATA

In the week ending September 17, the advance figure for seasonally adjusted initial claims was 423,000, a decrease of 9,000 from the previous week’s revised figure of 432,000. The 4-week moving average was 421,000, an increase of 500 from the previous week’s revised average of 420,500.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 350,176 in the week ending September 17, an increase of 21,308 from the previous week. There were 382,341 initial claims in the comparable week in 2010.

Business Insider’s email, Reuters, and Bloomberg all had expectations of 420K.

If we’re stuck at a consistent 420,000 or so claims, that doesn’t bode well at all for employment growth or economic growth.

A graphic is coming up …

Okay, here’s something to consider as we get close to the end of the third quarter:

AverageUnempClaims1Qto3Q11

Taken in combination with average seasonally adjusted monthly job growth so far this year (Overall/Private: 166K/191K in the first quarter, 93K/138K in the second, and 43K/87K so far in the third), an under 1% GDP result in the third quarter wouldn’t be surprising at all — nor would a final downward adjustment to the second quarter. We’ll see about the latter next week, and the former near the end of October.

Brent Spent

Filed under: Economy,Taxes & Government — TBlumer @ 8:42 am

BrentSpenceSymbol0911What follows are a few thoughts which occurred to me when I learned that President Obama would fly into Cincinnati today promising to be the guy who is finally going to make sure that a replacement is built for the obsolete, dangerous (from a traffic-safety standpoint) Brent Spence Bridge connecting Cincinnati and Northern Kentucky — if only Congress increases taxes on “the rich.” Readers will see that my criticisms aren’t limited to him.

First, the estimated $2.4 billion price tag is either one-sixth or one tenth of the cost of the Big Dig ($15 billion or $22 billion, depending on whether you include interest). Yet that project got done, and Brent Spence, which the Associated Press claims handles 4% of the nation’s gross domestic product, hasn’t gotten past the planning stage.

Next, the replacement span could have been built long ago if previous Congresses and previous presidents hadn’t sanctioned massive raids on the Highway Trust Fund for non-highway projects. As described by Heritage in June 2010:

The largest diversion from the $52.7 billion in total spending authorized for fiscal year 2009 from the highway trust fund (including $2.0 billion in general revenues) is the $10.3 billion in direct spending for transit programs (trolleys, buses, commuter rail, etc). Transit riders are also the greatest beneficiary of the Congestion Mitigation and Air Quality program, which absorbs $1.8 billion of the trust fund. Although transit riders account for only 1.8 percent of surface travel passengers and 5 percent of commuters, they receive a subsidy from the fuel-tax-paying motorists amounting to approximately 20 percent of transportation spending.

Other large diversions from the fund include the Enhancement Program ($657 million), the Appalachian Highway Program ($470 million), Recreational Trails ($85 million), and a transfer of $1 billion from the fund to the Departments of Interior and Agriculture for roads in national parks and forests. These leakages absorbed 27 percent of trust fund spending in 2009.

The politicians are almost never satisfied doing only what they’re supposed to do with taxpayer money. They almost always raid money meant for Purpose A to fund Purpose B (and C, D, E, F …). If Washington had been doing what it was supposed to be doing all these years — using highway money to build, maintain, and upgrade highways — Brent Spence would have been replaced long ago.

Third, more recently, wasn’t there some kind of $800 billion spending bonanza which passed 2-1/2 years ago which was supposed to be largely dedicated to building roads and bridges? Oh yeah, the stimulus. The funds were instead largely squandered on handouts, “green” failures like Solyndra, and preserving the jobs and cushy benefits of public employees.

Finally, I recall that the Obama administration had $400 million ready and waiting for Ohio — but only if Ohio agreed to squander it on a slow passenger choo-choo train going from Cincinnati to Cleveland which would have had lousy ridership and rung up losses as far as the eye can see. That could have served as a nice down payment on the Brent Spence rebuild. Instead, if I recall correctly, some other state is going to get to waste the money on “light rail.” Too bad for them.

Now Barack Obama is coming into town posing as the savior who will finally get the Brent Spence Bridge replaced — but with economy-killing conditions. Spare me. The President and Congress should be shaking up government and forcing it to do its correctly prioritized job, or they should block-grant transportation money to the states so they can set their own priorities.

By the way, that roughly $1 billion dollars in back taxes going back to 2002 which Warren Buffett’s company is resisting paying would also go a long way towards getting the bridge replaced. I might even accept calling the darned thing the Warren Buffett Bridge if he dropped his hypocritical resistance and paid up.

From ‘Scandal-Free’ to Near Scandal Fatigue in Three Weeks

“Squeaky clean” no more — as if they ever were.

_______________________________________

Note: This column went up at Pajamas Media and was teased here at BizzyBlog on Tuesday.

_______________________________________

On August 30, concerning President Barack Obama’s reelection prospects, Allan Lichtman, an American University history professor and author of The Keys to the White House: A Surefire Guide to Predicting the Next President, told US News: “I don’t see how Obama can lose.”

Lichtman’s presidential election success formula, which has correctly predicted the winner of the popular vote in every contest since 1984, requires that the party currently holding the White House prevail on eight of thirteen “keys.” Lichtman contended that Obama was winning nine of them, with a tenth, whether the economy is in recession during the campaign, pegged as “undecided.”

What a difference three weeks makes.

Lichtman’s undecided key was questionable from the get-go. Even if the economy isn’t in recession as normally defined next year, almost everyone agrees that it will feel like one. The White House’s “alternative economic forecast” predicts that the unemployment rate will be at or above 9% throughout next year. The Congressional Budget Office hedges just a little, projecting “close to 9 percent through the end of 2012.” Both may be overly optimistic. Another month or two of job reports showing zero job gains or even job losses will almost certainly push the unemployment rate higher; if they don’t, it will only mean that “going Galt” has become more widespread. No incumbent president since World War II has won reelection with a jobless reading above 7.2%.

Lichtman believed, and probably still does, that Obama has met the first of his two “foreign/military” keys requiring “a major success in foreign or military affairs” because of Osama bin Laden’s assassination. While very important, whether it’s electorally “major” is debatable, especially considering the event’s subsequent mishandling. Even conceding bin Laden, an Islamist-dominated Libya or Egypt, each of which is quite possible by next fall, could ruin Lichtman’s other “foreign/military” key requiring no significant failures.

He also felt that Obama was winning the “scandal” key, which requires that “The incumbent administration is untainted by major scandal.” He then revealed that he’s not a close follower of the news beyond the Associated Press, the New York Times, and the ABC-CBS-NBC axis when he said: “This administration has been squeaky clean.”

Before readers double over in spasms of laughter, note that the presence or absence of “taint” is in the eyes of voters and depends heavily on whether scandals, to the extent they exist, have penetrated public perception. One dictionary definition of “scandal” calls it “a disgraceful or discreditable action, circumstance, etc.,” but another requires “damage to reputation; public disgrace.”

Concerning the latter definition, Lichtman’s own ignorance demonstrated that he was probably right about his scandal key at the end of August, despite at least the following unreported or underreported items listed here which have arguably met the former.

Then came Solyndra, LightSquared, and Gunwalker.

Solyndra’s collapse contains so many disgraceful elements that the press can’t get away with totally ignoring it (though, as seen here and here, they’re still trying mightily, and distorting things whenever they can). The amount of taxpayer loss involved, at over $500 million for just one deal, is huge. The quid pro quo of campaign contributions and the lobbying for favorable treatment could hardly be more obvious. Reelection-related considerations clearly intruded to override dire warnings that the company couldn’t possibly succeed. Finally, as Andy McCarthy noted at National Review on September 17, the Department of Energy’s agreement to allow private investors repayment priority ahead of the government clearly broke the law.

McCarthy correctly went much further:

The Solyndra debacle is not just Obama-style crony socialism as usual. It is a criminal fraud.

… Solyndra … was using its government loans as a springboard to go public. When the sale of securities is involved, federal law criminalizes fraudulent schemes, false statements of material fact, and statements that omit any “material fact necessary in order to make the statements made . . . not misleading.”

… That’s exactly what President Obama did on May 26, 2010, with his Solyndra friends about to launch their initial public offering of stock.

As president, Obama had a fiduciary responsibility to be forthright about Solyndra’s grim prospects — in speaking to the American taxpayers whose money he had redistributed, and to the American investors who were about to be solicited for even more funding.

… The president looked us in the eye and averred that, when it came to channeling public funds into private hands, “We can see the positive impacts right here at Solyndra.”

… The word for such schemes is fraud.

The LightSquared mess, in addition to having many of the element of Solyndra, adds a national security-endangering angle, as described by Richard Pollock, to predictable cronyism:

(LightSquared’s) new wireless system could interfere with aviation safety, disrupt military and rescue operations, and interfere with high-tech farming equipment and consumer navigation devices.

Speaking of security and defense, the Gunwalker scandal’s body count continues to grow, and its scope has spread to include Gangwalker in the Midwest, Operation Castaway out of Tampa, and incidents traced to Texas. Bob Owens has shown that the multiple enterprises almost have to involve coordination from the highest levels of government, with possible motivations ranging from creating a pretext for circumventing the Second Amendment to causing illegal immigrants fleeing destabilized Central American nations to flood into the U.S.

No wonder the administration and its backers have become desperate to discredit Congressman Darrell Issa and his Gunwalker investigation — so desperate that a leftist front group has filed an ethics complaint against him based on a New York Times Issa hit piece which has been corrected three times and contains ten other alleged factual errors.

Any one of these three scandals would probably have brought down or at least seriously crippled a Republican or conservative administration by now.

Thus, we have gone from Allan Lichtman’s “squeaky clean, scandal-free” fantasy to virtual scandal fatigue in three weeks, and from “I don’t see how he can lose” to worries about Obama’s eroding base and even a call for him to withdraw.

By now, it should be clear that objectively written history will not be kind to those who were seduced by “hope and change.” In November 2012, voters must permanently reject all who are linked to it.

Positivity: Rep. Phil Roe resuscitates apparent heart attack victim at airport

Filed under: Positivity — TBlumer @ 5:59 am

The incident took place in Charlotte, NC (HT Jammie Wearing Fool via Instapundit):

Published September 20th, 2011 11:21 am

U.S. Rep. Phil Roe, R-Tenn., successfully gave first aid to an apparent heart attack victim in between connecting flights at the Charlotte airport Tuesday morning, said Roe spokeswoman Amanda Little.

She explained that Roe, a retired obstetrician/gynecologist, was on his way to Washington, D.C., and had taken the 5:30 a.m. flight out of Tri-Cities Regional Airport.

He had just landed in Charlotte when an unidentified man collapsed, according to Little.

“This guy fell down and stopped breathing…He actually flatlined on the AED (Automated External Defibrillator) and Phil gave him CPR (cardiopulmonary resuscitation) and shocked him and he came back…We called the hospital and they think he is going to make it. They thought it was a possible heart attack.”

As Its Execs Say They’ll Take the Fifth, AP Calls Solyndra an ‘Embarrassment’

Let’s note the likely reason why what Julia Seymour observed earlier today is the case — namely, that network news reports have taken to calling the Solyndra situation an “embarrassment.”

The use of that term probably dates back to September 16, which is as far as I can tell the first time the Associated Press filed a beyond-perfunctory report about now-bankrupt Solyndra, the beneficiary of over $500 million in Energy Department loan guarantees. In January, the government also gave Solyndra’s principal investors preferential treatment in advance of what was a clearly inevitable bankruptcy. Tuesday evening, the AP’s Mattew Daly went to the E-word again:

Solyndra execs to plead 5th at House hearing

Two top executives at a bankrupt California solar energy company say they will invoke their Fifth Amendment rights and refuse to answer questions when they appear at a House hearing on Friday.

Solyndra Inc. Chief Executive Officer Brian Harrison and Chief Financial Officer W.G. Stover sent letters to the House Energy and Commerce Committee on Tuesday informing them of their plans to remain silent. The Associated Press obtained copies of the letters, which cite an ongoing criminal investigation by the FBI.

Harrison and Stover said they still plan to appear before the committee, which is investigating a $528 million loan Solyndra received from the Energy Department in 2009.

Republican leaders of the House energy panel said they were dismayed that Harrison and Stover had reneged on earlier promises to testify.

… The company’s implosion and revelations that the administration hurried Office of Management and Budget officials to finish their review of the loan in time for a September 2009 groundbreaking have become an embarrassment for President Barack Obama.

Maybe folks here have different remembrances, but I don’t recall any other instance where company execs, labor leaders, government officials, or others have taken the Fifth because they were “embarrassed.”

This is probably as good a time as any to remind everyone that Solyndra goes far beyond an “embarrassment.” Andy McCarthy at National Review made that quite clear on Saturday (bolds are mine):

The Solyndra debacle is not just Obama-style crony socialism as usual. It is a criminal fraud.

… Solyndra … was using its government loans as a springboard to go public. When the sale of securities is involved, federal law criminalizes fraudulent schemes, false statements of material fact, and statements that omit any “material fact necessary in order to make the statements made … not misleading.”

… That’s exactly what President Obama did on May 26, 2010, with his Solyndra friends about to launch their initial public offering of stock.

As president, Obama had a fiduciary responsibility to be forthright about Solyndra’s grim prospects — in speaking to the American taxpayers whose money he had redistributed, and to the American investors who were about to be solicited for even more funding.

… The president looked us in the eye and averred that, when it came to channeling public funds into private hands, “We can see the positive impacts right here at Solyndra.”

The word for such schemes is fraud.

It isn’t Solyndra that’s the embarrassment. It’s the pathetic reporting of the Solyndra scandal by the establishment press.

Cross-posted at NewsBusters.org.

September 21, 2011

AP National Story Criticizes Wis. Jobs Website For Out-of-State Jobs Which Would Increase Tax Collections

Boy, Scott Bauer and the Associated Press have really, really nailed Scott Walker this time — not.

Bauer found that some of the jobs listed in Wisconsin Governor Scott Walker’s “Job Center of Wisconsin” website are located in Illinois, Iowa, Minnesota, Michigan). Imagine that: The Badger State’s governor is including jobs in neighboring states because he apparently believes that his state would be better off if some of its unemployed workers found jobs across the border. Oh the humanity.

Bauer seems not to have figured out that Wisconsin residents working in Illinois, Michigan, and Minnesota (Iowa is not clear) pay Wisconsin state income tax (which is based on the state of residence), and that the state would be better off collecting income taxes from such workers instead of continuing to pay out unemployment and other government benefits.

The AP apparently thought that the matter is such a big potential scandal that it put Bauer’s story on the national wire. Here goes (bolded text demonstrates how Bauer really doesn’t get the income tax point raised in the previous paragraph):

APNewsBreak: 6,000 jobs touted by gov outside Wis.

Nearly one in five of the jobs listed on a state website touted by Gov. Scott Walker as a resource for unemployed Wisconsin residents are actually located in neighboring states, according to an analysis by The Associated Press.

More than 32,000 job openings were posted on the Job Center of Wisconsin’s website as of Tuesday, but about 18 percent of them were in Illinois, Minnesota, Iowa and Michigan. It was unclear how many of those roughly 6,000 jobs could be filled through telecommuting, though many appeared to require on-site work.

Walker ran on a promise to add 250,000 private sector jobs in the state by 2015, and the Republican repeatedly referenced the website – the state’s official jobs site – in his radio address last week as a place for Wisconsin’s unemployed to find jobs and quickly connect with employers.

A search of the website Tuesday afternoon showed 32,253 job listings. Of those, 3,014 were in Illinois, 2,078 were in Minnesota, 737 were in Iowa and 136 were in Michigan.

It wasn’t clear how many of the out-of-state jobs would allow someone to work from home, although a spot check showed many required on-site work, including multiple hotel housekeeper jobs just across the state border in Rockford, Ill., and farther south in the Chicago suburbs. It also was unclear how many would require workers to move out of Wisconsin.

But it’s not unusual for people living near the Wisconsin border to work outside the state. The Twin Cities are only about 30 miles from Hudson, Wis., and downtown Chicago is about 50 miles from the state line and just a 90-minute train ride from Milwaukee. Dubuque, Iowa, is just across the Mississippi River and attracts workers from many rural Wisconsin communities.

Bauer also fails to entertain the possibility that residents of other states, particularly Illinois, which has lost 25,000 seasonally adjusted jobs in the past three months, might be interested in moving to Wisconsin (which has picked up 30,000 this year) if they manage to land jobs there. That would also enable the state to increase its income tax base and collect sales taxes when new residents buy things.

Seriously, the ignorance on display here should be embarrassing, but nobody at the AP appears to even know enough to be embarrassed.

Scott Bauer, the AP in Wisconsin, and the wire service nationally all seem to have come down with a serious, long-term case of Walker Derangement Syndrome. The only cure would appear to be finding reporters who know what they’re doing and don’t have what appear to be huge statist chips on their shoulders.

Cross-posted at NewsBusters.org.

____________________________________________

UPDATE: Via commenter Rich in Iowa below (bold is mine) —

Bauer also does not know that any approved employer can post their job openings on the site. All this is a clearinghouse for employers and job seekers hosted by the State of Wisconsin Department of Workforce Development and this site pre-dates Walker’s Governorship by, oh, maybe a decade.

You can’t make this up.

Outrageous: Obama Admin Determined to Spend All Green Dollars to Beat Deadline

Filed under: Economy,Environment,Taxes & Government — TBlumer @ 8:23 pm

An Investor’s Business Daily editorial notes that the Obama administration is hellbent on short-cutting green loans, creating the possibility of more Solyndras:

Blinded By Green Light

The administration is bent on finalizing as many as 15 loan guarantees for green energy ventures before the stimulus deadline. How detached from reality can this White House be?

The administration is separated from the real world on two levels.

On one, the White House is operating as if there were no Solyndra scandal.

On the other, the White House acts as if its ideas are so brilliant that the laws of economics don’t apply them.

Though the administration seems to be unaware, the Solyndra scandal is raging white hot. The executive branch’s part in the process of the California solar panel maker securing a guaranteed loan is of great interest to the Treasury Department’s inspector general, the Energy Department, a House committee and the FBI.

… In its obeisance to green energy and the powerful environmental special interests, the White House has stepped out of the real world and into fantasy.

The administration obviously feels strongly that green energy and a green economy are our future. But it cannot will either into being. Economic laws cannot be overridden by executive fiat, even when that executive is celebrated by an adoring media as a “sort of god” who’s “above the world.”

Taxpayers should hope the administration misses the deadline. Washington is a poor “investor” of their money. Rather than choose what is actually a sound investment, the government insists on playing favorites. Because cronyism and politics supplant cold analysis, what Washington picks is almost always wrong.

The list of failures is long. Thermal solar technology. Synfuels. Ethanol. Toxic mortgages through Fannie Mae and Freddie Mac. Light rail. Solyndra.

They won’t trust the markets to pick winners and losers. It looks like they’d rather pick the losers themselves.

It’s enough to make consider a human blockade around the Department of Energy’s facilities and disconnecting their government and personal phones and computers until the deadline passes.

Quick Hits (092111, Late Morning): Solyndra-LightSquared-Gunwalker Roundup

Filed under: Lucid Links — TBlumer @ 11:32 am

This is going to be pretty much of a linkfest without embellishment, as there’s too much happening to attempt to detail each item noted.

This post will also to an extent help readers catch up if they haven’t been with these scandals (and they are “scandals,” i.e., “disgraceful or discreditable actions, circumstances, etc.”).

I will probably be adding to this compilation during the next day or so as new developments occur.

_______________________________________________

SOLYNDRA

Tracey Panek at Bizmology, Sept. 20 — “Solyndra bankruptcy puts other federal loan recipients under scrutiny” (includes loans to foreign entities)
Andrew Stiles at the Corner, Sept. 20 — “Obama Fundraiser (George Kaiser) Boasts of Cashing In on Stimulus Package”
Daniel Foster at the Corner, Sept. 20 — “Solyndra (Execs) Pleading the Fifth”

At Heritage, Sept. 19 — “‘Green Jobs’ Proponents Continue to Tout Solyndra Program as Success”
At the Blaze, Sept. 18 (my headline) — “Solyndra Applied for Another $469 Million Seven Months After Original $535 Was Approved”
Andrew C. McCarthy at National Review, Sept. 17 – “The Solyndra Fraud; The solar-energy company was a con game”

ABC News, Sept. 16 — “Obama White House Warned Solyndra Bad For Reelection”
Fox News, Sept. 16 — “White House Emails: Solyndra Default Would Not Look Good for Obama Reelection”
Fox Business video, Sept. 15 — “Could FBI Investigation Lead to Charges at Solyndra?”

Daily Caller, Sept. 8 — “Solyndra officials made numerous trips to the White House, logs”
Bloomberg, Sept. 3 — “Taxpayers Rank Behind Solyndra Investors Under Obama’s Refinancing Deal”
Daily Caller, Sept. 1 — “Bankrupt solar company with fed backing has cozy ties to Obama admin”

Zombie at Pajamas Media, Aug. 31 — “Breaking: Solyndra Solar Plant Closes; $535 Million Vanishes; Obama Curse Strikes Again”

LIGHTSQUARED

Michelle Malkin, Sept. 21 — “LightSquared: Obama’s Dangerous Broadband Boondoggle”
Business Week, Sept. 21 — “Republicans Want Records of Philip Falcone White House Contacts”
Corky Boyd, Sept. 20 — “Why LightSquared is more than cronyism … It’s about safety”

Hot Air, Sept. 20 — “White House offered “guidance” to second witness in LightSquared inquiry”
FierceGovernment.com, Sept. 19 — “Shelton: GPS and LightSquared network cannot currently coexist”
Daily Beast, Sept. 15 — “Did White House Pressure General Shelton to Help Donor?”

Richard Pollock at Pajamas Media, Sept. 15 — “LightSquared: Another Solyndra?”

GUNWALKER

Bob Owens at Pajamas Media, Sept. 21 — “Gunwalker’s Body Count Grows, Along with the Obama Administration’s Cover-Up”
Katie Pavilich at Townhall, Sept. 20 — “Attorney General in Mexico: 200 Murders Result of Operation Fast and Furious”
CBS News, Sept. 20 — ATF ‘Fast and Furious’ secret audio recordings reveal concerns about whistleblower

Bob Owens at Pajamas Media, Sept. 17 — “Cloward-Piven: The Ultimate Goal of Gunwalker?”
Bob Owens at Pajamas Media, Sept. 15 — “Gunwalker Linked to Three More Murders”
Jack Dunphy at Pajamas Media, Sept. 15 — “Veteran Cops Recognize ‘Fast and Furious’ as a Foolhardy Idea”

Patrick Richardson at Pajamas Media, Sept. 9 — “Gunwalker Scandal Escalates: Grenadewalker?”
Bob Owens at Pajamas Media, Sept. 6 — “Gunwalker Explodes into the Heartland”
Bob Owens at Pajamas Media, Sept. 2 — “Gunwalker: Details of Coverup Revealed”