Tag Archives: Barack Obama

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Venezuela orders soldiers armed with assault rifles to impose price controls

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Venezuela: price controls don't work
Assault weapons vs Amazon and Ebay: socialism in practice

From the left-leaning USA Today.

Excerpt:

 Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices.

President Nicolás Maduro ordered a military “occupation” of the company’s five stores as he continues the government’s crackdown on an “economic war” it says is being waged against the country, with the help of Washington.

Members of Venezuela’s National Guard, some of whom carried assault rifles, kept order at the stores as bargain hunters rushed to get inside.

[…]Images circulating online as well as reports by local media appeared to show one Daka store in the country’s central city of Valencia being looted.

“I have no love for this government,” said Gabriela Campo, 33, a businesswoman, hoping to take home a cut-price television and fridge. “They’re doing this for nothing but political reasons, in time for December’s elections.”

Maduro faces municipal elections on Dec. 8. His popularity has dropped significantly in recent months, with shortages of basic items such as chicken, milk and toilet paper as well as soaring inflation, at 54.3% over the past 12 months.

Economists are expecting a devaluation soon after the election, likely leading to even higher inflation.

This will surely encourage more businesses to come to Venezuela to create jobs, and compete with other businesses in order to lower prices and increase quality for consumers. Oh wait, no it won’t. It’s just going to causes businesses to scale back, expand in other countries, and go out of business entirely – taking jobs with them.

The real face of communism
The real face of communism

Earlier, Venezuela nationalized some oil drilling plants, as well:

Petroleos de Venezuela SA, the state oil company, seized about $1 million worth of equipment from Superior Energy Services Inc. (SPN:US), the Houston-based company said.

PDVSA expropriated two hydraulic units that were idled after the Caracas-based company missed payments, Greg Rosenstein, head of corporate development, said by phone from New Orleans. The units operated in eastern Venezuela’s Anzoategui state, Associated Press reported Nov. 1.

[…]Under President Hugo Chavez, who died of cancer in March, Venezuela initiated a nationalization process, seizing assets from companies including Exxon Mobil Corp. (XOM:US) and ConocoPhillips. (COP:US)

Schlumberger Ltd. (SLB:US), the world’s largest oil-services company, said in March it would reduce work in Venezuela because of mounting overdue payments from PDVSA. Schlumberger subsequently reached an agreement and announced on May 24 that it would provide a $1 billion rolling credit for a joint venture in Venezuela.

That will encourage oil companies to come to Venezuela and pay royalties to the government, and give jobs to more Venezuelans. Oh wait, no it won’t. It’s just going to cause companies to scale back their investments, expand in other countries, stop hiring, lay off more people, and pull out of Venezuela. I’m sorry but this is standard leftist economic policy.

Are Barack Obama and Hugo Chavez very different?
Are Barack Obama and Hugo Chavez very different?

Remember the last time that Venezuela seized privately-owned oil companies? They eventually had a nice explosion at the oil drilling facility, because the government doesn’t know how to run a business better than the people who created that business. You can see it today here, as Obama nationalizes the health care industry and tries to substitute his own web site. He thinks he knows how to create web sites. The man who has never run so much as a lemonade stand in his entire life, and is an authority on how to read a teleprompter and play golf. You do NOT put people like this is in charge of the economy.

Comparing Chile to Argentina and Venezuela
Comparing Chile to Argentina and Venezuela

The strange thing is that the economies of Chile embraced free market capitalism, free trade, private property, and the rule of law. Unlike Venezuela and Argentina, they are doing vastly better economically. Look at that chart, which I got from libertarian economist Dan Mitchell. You can’t refute that, because economics is real. No one can hide from the facts.

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How the ADF kept nurses who wouldn’t perform abortions from being fired

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In 2011, a story came out about New Jersey nurses being forced to perform abortions (or be fired). I blogged about it, but we didn’t really know the details. Well, now the details have emerged and the case has finally been decided. Here’s a press release from the heroic Alliance Defending Freedom, which protected the nurses involved from violating their consciences.

Excerpt:

Promoted from that team to a supervisory position over all the nurses, the new assistant manager announced that – since she and others had to help with abortions – she saw no reason why every nurse shouldn’t help. Hospital officials agreed, and passed a new, mandatory policy to make it so. The assistant manager quickly set up a training program that would give each nurse on the unit hands-on experience in how to assist with and clean up after abortions.

“As long as you work here,” she told the 12 nurses who openly protested, “you’re going to have to do it. If you don’t, you’re going to be fired or transferred out.”

“We were all shocked,” Fe says. “All these years I’ve been a nurse, I was never told to help kill children.”

But the managers remained adamant. Hospital administrators supported them.

[…]”Our jobs were hanging by a string,” Beryl says. “We were like, ‘All right. If they’re going to fire all 12 of us, fine. But this is against what we believe God wants us to do.’ We didn’t come into this profession to do [abortions]. We told them we weren’t comfortable with it and didn’t feel they should force us. And if that meant our jobs, well… God was going to provide.”

When even their own union declined to help them, Fe wrote a letter to hospital officials saying that she and her coworkers would not participate in abortions. She passed it around for the other nurses; 15 signed it. She gave the letter to her manager, who took it to the director of nursing.. Response was swift. A meeting was called for the next day, with each of the signing nurses, the labor board, a union official, the managers, and “an expert on ethics” scheduled to be on hand.

I think so often in this world today, Christians are on the defensive when it comes to acting on their convictions. My expectation is that we will never win when we do the right thing. The other side is so strong, and we have so few conservative Christians who are intentional about studying well, earning well, and reaching positions of influence. But sometimes we do win, because there are still some Christians left who have paid the price to get the education and training that allows them to do something when the freedoms of Christians are threatened.

This time, it was the Alliance Defending Freedom lawyers who saved the day:

The day of that announcement, Pastor Terry Smith, of Life Christian Church in West Orange, New Jersey, returned from a trip. A staff member told him that one of his parishioners – Fe – had called, shared what was happening at the hospital, and asked for advice. The pastor immediately phoned Len Deo, president of the New Jersey Family Policy Council.

“I’ll be all over this,” said Deo, who hung up and called Alliance Defending Freedom. Shortly afterward, staff attorney Matt Bowman was on the phone with a local allied attorney, Demetrios Stratis, enlisting him to help defend the nurses. The two immediately called Fe.

[…]Amid all the tension, threats, and growing media coverage, the judge in the case stunned everyone by suddenly announcing, in a preliminary hearing, that a settlement had been reached.

“We had gotten everything [the 12 nurses] requested,” Stratis says. “We’d gotten the hospital to agree not to force them to perform these abortions. There would be no retaliatory measures against them, and they could feel free and sleep at night, knowing that the next day they would not have to be trained on the abortion process or help a woman kill an innocent child.”

“I was crying – really crying,” says Lorna, who heard the news from one of the other nurses. “And very thankful. The next day, I went to work, and all of us were hugging and very happy.”

“Before, I used to think that some prayers won’t be answered,” Fe says. “Sometimes, I’d feel very hopeless. But with this case, I saw how the Lord moves… providing the resources, the people who would help us out. It just strengthened my faith. I really thank God for Alliance Defending Freedom.”

Where does this desire to force people to commit murder come from? Well, it comes from the political left. In fact, the Obama administration actively opposes conscience protections for medical workers, and actively opposes conscience protections for military chaplains. This is to say nothing about the HHS mandate, which forces entire organizations and businesses to subsidize abortion-causing drugs.

I think that Christians need to be thoughtful, calculating and realistic about how we are going to deal with threats like this. Although some of us may prefer to study things that are easier, and do jobs that are comfortable, there is a real need for more of us to study hard things and do hard jobs. We need people with the right degrees in the right fields, and we need people who are good at earning and saving money. The truth is that this is the way the world works, and wisdom requires that we do what we have to do (not what we like to do) in order to be ready for the the challenges we are likely to face. The other side is certainly doing their job of getting the degrees and the money that they will use against us.

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Solar energy firm leaves behind toxic mess after wasting millions in stimulus funding

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Dad sent me this article about the Democrat energy policy from Fox News.

Excerpt:

A Colorado-based solar company that got hundreds of millions of dollars in federal loan guarantees before going belly-up didn’t just empty taxpayers’ wallets – it left behind a toxic mess of carcinogens, broken glass and contaminated water, according to a new report.

The Abound Solar plant, which got $400 million in federal loan guarantees in 2010, when the Obama administration sought to use stimulus funds to promote green energy, filed for bankruptcy two years later. Now its Longmont, Colo., facility sits unoccupied, its 37,000 square feet littered with hazardous waste, broken glass and contaminated water. The Northern Colorado Business Report estimates it will cost up to $3.7 million to clean and repair the building so it can again be leased.

“As lawyers, regulators, bankruptcy officials and the landlord spar over the case, the building lies in disrepair, too contaminated to lease,” the report stated.

[…]One of the hazards is the presence of cadmium, a cancer-causing agent that is used to produce the film on the solar panels, the report said.

[…]”If a coal, oil or gas company pulled something like that the EPA would send out SWAT teams and the U.S. Marshals to track down the offenders, bankrupt or not,” the center said in a report of its own.

President Obama touted Abound in a July 3, 2010 announcement of a $2 billion “investment” in green energy projects.

Here’s another trustworthy promise from Dear Leader:

“The second company is Abound Solar Manufacturing, which will manufacture advanced solar panels at two new plants, creating more than 2,000 construction jobs and 1,500 permanent jobs,” Obama said. “A Colorado plant is already underway, and an Indiana plant will be built in what’s now an empty Chrysler factory. When fully operational, these plants will produce millions of state-of-the-art solar panels each year.”

But less than two years later, the company laid off half of its 400 workers, and then, in the summer of 2012, filed for bankruptcy. It became the third clean-energy company to seek bankruptcy protection after receiving a loan from the Energy Department under the economic stimulus law. California solar panel maker Solyndra and Beacon Power, a Massachusetts energy-storage firm, also declared bankruptcy. Solyndra received a $528 million federal loan, while Beacon Power got a $43 million loan guarantee.

Why did Abound Solar get these loans? Because they had connections in the Democrat Party – that’s why.

Excerpt:

Abound Solar further claims $260 million in private investments, part of which came from billionaire medical heiress Pat Stryker’s Bohemian Companies.  This is where the story gets interesting.

Thanks to Independence Institute investigative reporter Todd Shepherd, we still have access to the Web page that lists Bohemian as an investor even though it does not appear on the company’s current Web site. The exact amount that Stryker has given is not public at this time.

[…]Forbes lists medical heiress and founder of Bohemian Companies/Foundation Pat Stryker as number 331 of its top “400 Richest People in America.” Worth $1.3 billion, the Fort Collins resident could single-handedly fund Abound Solar and still be well above the poverty line.

While some of her fortune has gone to Abound Solar, she also has chosen to donate more than $2.2 million (probably a low figure) to Democrats and their causes over the last several election cycles. Beneficiaries include Barack Obama, one-term Congresswoman and Fort Collins resident Betsy Markey, and Interior Secretary Ken Salazar when he successfully ran for U.S. Senate in Colorado.

The Washington Examiner published e-mails showing that the White House was directly involved in granting loans.

Excerpt:

Previously undisclosed emails made public today by the House Oversight and Government Reform Committee describe multiple instances of White House pressure on career Department of Energy officials to speed up approval of government loans to clean energy firms like Solyndra and Abound Solar.

President Obama is described in one of the emails as having personally approved “moving it ahead,” thus reversing a prior decision by DOE career officials not to extend $2 billion in tax-funded help to AREVA, a French nuclear power company, on an Idaho project.

[…]In another email made public today by the House panel, Silver instructed McCrea to tell a Treasury Department official of White House support for DOE help to Abound Solar.

“You better let him know that WH wants to move Abound forward. Policy will have to wait unless they have a specific policy problem with abound,” Silver said in the June 25, 2010, email.

Abound Solar is a Colorado-based solar panel manufacturer that had used $68 million of a $400 million DOE loan guarantee before filing for bankruptcy earlier this year.

Obama had to pay back his friends who got him elected. He used YOUR MONEY and YOUR CHILDREN’S MONEY to do it. Doesn’t that cause you any alarm? And this was done under the rubric of “stimulating” the economy.

You can see a list of other Obama administration green energy failures here.