I found this Hot Air story on Right Wing News. Hot Air was at the top of John Hawkins’ list of the top 40 conservative blogs.
Excerpt: (with links removed)
This is going to help the Defense Department weather looming budget cuts, for sure. Teaming up with the Department of Agriculture (which has a cheery Rotary Club ring to it), the Navy has purchased 450,000 gallons of biofuel for about $16 a gallon, or about 4 times the price of its standard marine fuel, JP-5, which has been going for under $4 a gallon.
You won’t be surprised to learn that a member of Obama’s presidential transition team, T. J. Glauthier, is a “strategic advisor” at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked – shock, shock – on the energy-sector portion of the 2009 stimulus bill.
The Navy sale isn’t Solazyme’s first trip to the public trough, of course. The company got a $21.8 million grant from the 2009 stimulus package.
See, this is why we need to vote for lower and lower taxes. The more money that you give the government to spend, the more likely they are going to waste it buying votes and rewarding their supporters and fundraisers. Do you think that a private company could waste money like this, and stay afloat? No way – they have competitors to worry about. If they waste money, then they will go out of business. However, the government can just spend the money with abandon – it just gets added to the national debt. Eventually, the young people, who vote for for Obama in droves, will have to pay the money back. This will be hard for them to do given the fact that many of them are growing up without two parents supporting them, and often without a good education. What a mess. Leave the money in the hands of the private sector schools and private sector job creators – they actually have to care about pleasing customers and reducing wasteful spending.
Let’s do a quick review of more instances of stimulus spending.
- Obama fundraisers got 80% of green energy loans ($16.4 billion)
- Obama gave $443 million no-bid contract to drug firm run by Democrat fundraiser
- Another green energy firm goes bankrupt after getting $43 million loan from taxpayers
- $737 million green jobs loan given to Nancy Pelosi’s brother-in-law
- Obama to conduct campaign fundraiser with wind power stimulus recipient
- Obama administration knew $535 million Solyndra loan was too risky
What exactly was he trying to stimulate? His 2012 election campaign?
By the way, check out John’s list of the top 40 blogs – I am number 40.
