Tag Archives: Contribution

Democrats resort to busing in people to fill up DNC convention

Romney vs. Obama: campaign fundraising
Romney vs. Obama: campaign fundraising

Fox News reports.

Excerpt:

College students from across North Carolina will arrive in Charlotte by the busload. Same with members of predominantly black churches in neighboring South Carolina.

Their goal: help fill a 74,000-seat outdoor stadium to capacity when President Obama accepts the Democratic nomination Thursday night.

[…]Democrats have been fretting for months over whether the president can draw a capacity crowd at Bank of America Stadium. Polls show voter enthusiasm is down, as are Obama’s crowds for his battleground state campaign rallies.

[…]Thursday’s event is certain to draw comparisons to 2008, when Obama accepted the Democratic nomination before a capacity crowd at an 84,000-seat stadium in Denver. There was little concern back then over whether Obama would fill the stadium, in part because he was easily attracting tens of thousands of people to his campaign rallies across the country.

This time around, Obama’s crowds are far smaller. He drew his biggest audience at his campaign kick-off rally in May, a 14,000-person crowd at Ohio State University. About 13,000 people attended Obama’s rally at the University of Colorado in Boulder Sunday.

Not surprising, given that Obama kicked-off his re-election campaign in a half-empty stadium. The only people who are going to vote for this guy are the people who are dependent on federal government welfare and spending.

And look, Obama is losing badly in the fundraising, too: (links removed)

Mitt Romney has extended his lead over President Obama in this election cycle’s race for campaign cash.

The Republican had almost $186 million in cash on hand at the end of July, compared to $124 million for Obama — figures that include donations made to the campaigns, party committees and joint fundraising efforts.

[…]In 2008, Obama shattered all previous fundraising records by bringing in an excess of $750 million — far more than John McCain.

But Romney has dashed any hopes Obama might have harbored for continued dominance in 2012. The past two months have been particularly fruitful for the Republican challenger, as Romney’s team produced a haul of more than $200 million in June and July.

Over the same time period, Obama’s campaign mustered a comparatively modest $147 million.

And the gap between the candidates may be widening. The Romney campaign has said its fundraising totals have increased in recent days after the addition of Rep. Paul Ryan to the ticket.

Republicans have an even bigger money advantage when spending by super PACs and other outside groups is included.

According to the latest data from the Center for Responsive Politics, outside conservative groups have spent $221.5 million this cycle, while liberal groups have spent $55.6 million.

Romney wasn’t my first, second, or third choice for the Republican nomination, but he sure knows how to raise money. We’ll see whether he is able to hold his own in debates with Obama. I think that given the choice between four years of disastrous economic failures and four years of flip-flops, America will take the flip-flops.

UPDATE: Looks like the busing in wasn’t enough: Obama is moving his speech from the 74,000 capacity venue to a 20,000 capacity venue. Well, that’s one way to get a packed house.

New study: university professors admit they would discriminate against conservatives

From the Washington Times.

Excerpt:

It’s not every day that left-leaning academics admit that they would discriminate against a minority.

But that was what they did in a peer-reviewed study of political diversity in the field of social psychology, which will be published in the September edition of the journal Perspectives on Psychological Science.

Psychologists Yoel Inbar and Joris Lammers, based at Tilburg University in the Netherlands, surveyed a roughly representative sample of academics and scholars in social psychology and found that “In decisions ranging from paper reviews to hiring, many social and personality psychologists admit that they would discriminate against openly conservative colleagues.”

[…][C]onservatives represent a distinct minority on college and university campuses. A 2007 report by sociologists Neil Gross and Solon Simmons found that 80 percent of psychology professors at elite and non-elite universities are Democrats. Other studies reveal that 5 percent to 7 percent of faculty openly identify as Republicans. By contrast, about 20 percent of the general population are liberal and 40 percent are conservative.

Mr. Inbar and Mr. Lammers found that conservatives fear that revealing their political identity will have negative consequences. This is why New York University-based psychologist Jonathan Haidt, a self-described centrist, has compared the experience of being a conservative graduate student to being a closeted gay student in the 1980s.

In 2011, Mr. Haidt addressed this very issue at a meeting of the Society for Personality and Social Psychology — the same group that Mr. Inbar and Mr. Lammer surveyed. Mr. Haidt’s talk, “The Bright Future of Post-Partisan Social Psychology,” caused a stir. The professor, whose new book “The Righteous Mind” examines the moral roots of our political positions, asked the nearly 1,000 academics and students in the room to raise their hands if they were liberals. Nearly 80 percent of the hands went up. When he asked whether there were any conservatives in the house, just three hands — 0.3 percent — went up.

[…]”Because of the way the confirmation bias works,” Mr. Haidt says, referring to the pervasive psychological tendency to seek only supporting evidence for one’s beliefs, “you need people around who don’t start with the same bias. You need some non-liberals, and ideally some conservatives.”

But that’s not all – those findings are confirmed by other studies of campaign donations by professors:

Professors, administrators and others employed at the eight universities of the Ivy League have given $375,932 to Obama and $60,465 to Romney, according to data compiled by the Center for Responsive Politics, a Washington watchdog group that tracks campaign finance issues.

[…]The president’s academic advantage extends behind the Northeast’s ivied walls and into the Midwest.

At Ohio State University in Columbus, for example, Obama has raised $18,230 from faculty and staff, compared with Romney’s $3,500.

What is the cause of this massive slant towards Democrats? Is it because Democrats are smarter? Are lifelong welfare recipients and Hollywood celebrities smarter than business owners and economists? Well, consider this essay by secular libertarian professor Robert Nozick who explains why university professors are liberal.

Excerpt:

What factor produced feelings of superior value on the part of intellectuals? I want to focus on one institution in particular: schools. As book knowledge became increasingly important, schooling–the education together in classes of young people in reading and book knowledge–spread. Schools became the major institution outside of the family to shape the attitudes of young people, and almost all those who later became intellectuals went through schools. There they were successful. They were judged against others and deemed superior. They were praised and rewarded, the teacher’s favorites. How could they fail to see themselves as superior? Daily, they experienced differences in facility with ideas, in quick-wittedness. The schools told them, and showed them, they were better.

The schools, too, exhibited and thereby taught the principle of reward in accordance with (intellectual) merit. To the intellectually meritorious went the praise, the teacher’s smiles, and the highest grades. In the currency the schools had to offer, the smartest constituted the upper class. Though not part of the official curricula, in the schools the intellectuals learned the lessons of their own greater value in comparison with the others, and of how this greater value entitled them to greater rewards.

The wider market society, however, taught a different lesson. There the greatest rewards did not go to the verbally brightest. There the intellectual skills were not most highly valued. Schooled in the lesson that they were most valuable, the most deserving of reward, the most entitled to reward, how could the intellectuals, by and large, fail to resent the capitalist society which deprived them of the just deserts to which their superiority “entitled” them? Is it surprising that what the schooled intellectuals felt for capitalist society was a deep and sullen animus that, although clothed with various publicly appropriate reasons, continued even when those particular reasons were shown to be inadequate?

 

Economist Thomas Sowell has written an entire book about this called “The Vision of the Anointed“, and you can read some of the best quotes here. I’ve written before about how the mainstream news media is also dominated by leftists, too.

I think it’s important to keep in mind that being able to build a profitable business is also intelligence of a kind. Someone who can repeat what their professors say isn’t necessarily more intelligent than a business owner or engineer or nurse. Especially if the professor fails badly when given a task to do in the real world. For example, Democrat Christina Romer is a leftist professor of economics. She can parrot nonsense about socialism and stimulus all day to students. But when she was put in charge of real economic issues in the real world, her economic plan failed – and she admitted it.

Obama to hand out millions of taxpayer dollars in green energy firm bailouts

From The Hill.

Excerpt:

The Energy Department said Thursday it expects to begin tentatively approving new taxpayer-backed loans for renewable energy projects in the coming months.

The announcement comes about seven months after Solyndra, the California solar firm that received a $535 million loan guarantee from the administration in 2009, went bankrupt, setting off a firestorm in Washington.

[…][Frantz] defended the loan program from GOP critics, who have alleged that the administration is wasting taxpayer money by supporting risky renewable energy projects.

“By any measure, the Energy Department’s loan programs have helped the United States keep pace in the fierce global race for clean energy technologies,” Frantz wrote.

This direction is consistent with Obama’s own words:

Despite some green energy failures, such as the bankrupt Solyndra solar panel company and weak-selling Chevy Volt, President Barack Obama said that he wanted to “double down” on green energy spending, and would do what he could even without Congress to subsidize these companies.

Obama’s assertions, at the University of Miami on Thursday, come after numerous reports of green energy firms that received large sums of federal loans and grants but which have either declared bankruptcy or hit financial problems. In his remarks, Obama sought to draw a contrast between subsidies to green energy firms and $4 billion in tax breaks for oil and gas companies.

“A century of subsidies to the oil companies is long enough,” Obama said. “It’s time to end taxpayer giveaways to an industry that’s never been more profitable, and double-down on a clean energy industry that’s never been more promising.”

He wants to “double down” on handing out subsidies and bailouts to certain companies. What is the goal of this government spending? Is it a good deal for taxpayers? Who benefits?

What does giving money to green energy firms really accomplish?

Let’s see an example. BrightSource, a company owned by the Kennedys, got 1.4 billion of taxpayer dollars:

President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official.

[…]The details of how BrightSource managed to land its ten-figure taxpayer bailout have yet to emerge fully. However, one clue might be found in the person of Sanjay Wagle.

Wagle was one of the principals in Kennedy’s firm who raised money for Barack Obama’s 2008 presidential campaign. When Obama won the White House, Wagle was installed at the Department of Energy (DOE), advising on energy grants.

From an objective vantage point, investing taxpayer monies in BrightSource was a risky proposition at the time. In 2010, BrightSource, whose largest shareholder is Kennedy’s VantagePoint Partners, was up to its eyes in $1.8 billion of debt obligations and had lost $71.6 million on its paltry $13.5 million of revenue.

[…]BrightSource touted the Ivanpah project as a green jobs creator. Yet as its own website reveals, the thermal solar plant will only create 1,400 jobs at its peak construction and 650 jobs annually thereafter. Even using the peak estimate of 1,400 jobs, that works out to a cost to taxpayers of $1 million per job created.

Here’s another example of giving money to green energy firms: Solyndra, which got $535 million taxpayer dollars.

Excerpt:

George Kaiser, the billionaire investor and fundraiser for President Barack Obama, discussed Solyndra LLC with administration officials, renewing debate about political influence in U.S. support for the company.

A March 5, 2010, communication from Kaiser to representatives of his family foundation, the biggest private investor in Solyndra, and its venture-capital arm said the solar-panel maker came up in a meeting with “administration folks” a few weeks earlier.

“Every one of them responded simultaneously about their thorough knowledge of the Solyndra story, suggesting it was one of their prime poster children,” Kaiser, whose family foundation invested in Solyndra, wrote in the e-mail released today by Republican lawmakers.

Kaiser’s role has been among the subjects of a congressional inquiry into Solyndra since theCalifornia company that received a $535 million U.S. loan guarantee filed for bankruptcy in September.

The e-mail and others released today contradict White House statements that “no political influence was brought to bear” and Kaiser “never discussed Solyndra during any of his 17 visits to the White House,” Representatives Fred Upton of Michigan and Cliff Stearns of Florida, who are leading a House Energy and Commerce Committee probe, said in a letter to White House Counsel Kathryn Ruemmler.

This is an election year, and Obama’s fundraisers would need to be paid off with taxpayer money first, if they are going to be able to turn around and donate some of it back to his election campaign.

To me, Obama’s only plan for a recovery is to keep spending and spending and spending. And what is he spending? He is spending away the future  prosperity of the next generation of Americans in order to buy votes from the current generation of Americans. What other President would be so incompetent as to blow through trillions and trillions of dollars in “stimulus” spending and get a lower number of working Americans on the other side? We elected a wastrel and he is doing what wastrels do – wasting money. It’s not even his own money – it’s your children’s money. And the worse part is that he gets annoyed when people don’t worship him for his failure – as if we should praise his high-minded rhetoric even when he fails to produce results.