Tag Archives: Cronyism

In Canada, a revolt against global warming socialism creates an economic boom

Before we look at Canada, let’s first look at how Barack Obama has decided to appease his green socialism supporters by rejecting the Keystone XL pipeline.

Excerpt:

The Obama administration rejected the long-delayed TransCanada oil sands crude project, a decision welcomed by environmental groups but blasted by the domestic energy industry.

After delaying the project past the November 2012 election, President Barack Obama was compelled by Congress to decide by Feb. 21 on whether to approve the pipeline that would sharply boost the flow of oil from Canada’s oil sands.

[…]Republicans, in turn, blasted Obama for breaking his promise to create jobs by scuttling the $7 billion pipeline.

House Speaker John Boehner, R.-Ohio, said Republicans will keep fighting for the Keystone pipeline because it is “good for the U.S. economy because it would create thousands of jobs.”

“All options are on the table” for fighting for the sands pipeline between the western province of Alberta and Houston, Boehner told reporters. “This is not the end of the fight.”

Republicans in the Senate have said they could legislate an approval of the pipeline that could get around any rejection by President Obama.

Just to be clear, this pipeline would be paid for with billions of dollars from a Canadian company based in Calgary, Alberta – the Houston of the North. They would pay for the pipeline, they would create the jobs here, and it would cost us nothing to take their money. This would not only cut gas prices for consumers, but it would help us to stop sending money abroad to countries that don’t like us very much.

How are the Canadians responding to Obama’s stupidity? They are already talking about building the pipeline to the west coast and selling their oil to China.

Canadian conservatives have no time for global warming nonsense.

Excerpt:

It is a cliché in journalism to declare metaphorical wars at the drop of a news release. In this case, it looks like war is exactly what Natural Resources Minister Joe Oliver launched Monday in an unprecedented open letter warning that Canada will not allow “environmental and other radical groups” to “hijack our regulatory system to achieve their radical ideological agenda.”

[…]Mr. Oliver took straight aim at a troubling trend in Canadian environmentalism — the foreign funding of Canadian green activist groups with the express purpose of shutting down Canadian resource development…  “These groups,” said Mr. Oliver, “seek to exploit any loophole they can find, stacking public hearings with bodies to ensure that delays kill good projects. They use funding from foreign special interests to undermine Canada’s national economic interest. They attract jet-setting celebrities with some of the largest personal carbon footprints in the world to lecture Canadians not to develop our natural resources.”

And they pulled out of the Kyoto Accord.

Excerpt:

Canada will formally withdraw from the Kyoto Protocol on climate change, the Minister of the Environment has said.

Peter Kent said the protocol “does not represent a way forward for Canada” and the country would face crippling fines for failing to meet its targets.

[…]The protocol, initially adopted in Kyoto, Japan, in 1997, is aimed at fighting global warming.

[…]He said meeting Canada’s obligations under Kyoto would cost $13.6bn (10.3bn euros; £8.7bn): “That’s $1,600 from every Canadian family – that’s the Kyoto cost to Canadians, that was the legacy of an incompetent Liberal government”.

They want jobs. They don’t have money to burn on a dozen Solyndras. They don’t pass job-killing regulations on energy companies.

Since 2006, the Canadians have been electing and re-electing Conservative prime minister Stephen Harper. The man has a BA and MA in economics, and he comes from the same fold as Reagan and Thatcher on fiscal conservativism and foreign policy. He has no patience for leftist community organizers like Obama. The Conservatives were re-elected again in 2011, this time with a majority government. Their House of Commons is majority conservative. Their Senate is majority conservative. And Harper has been packing the Supreme Court with fresh conservatives, every time there’s a vacancy. Canada’s economy is booming. And Canadians know how to keep it booming – they are cutting corporate taxes to 15% – less than half of our 35% corporate tax rate. We could be taking their money for the Keystone XL pipeline right now, but we’re not, because we elected an anti-business ideologue instead of an economist.

Related posts

WaPo: Obama’s energy policies “infused with politics at every level”

From Hans Bader.

Excerpt: (with the links removed)

Even the liberal Washington Post, which hasn’t endorsed a Republican for President since 1952, seems to be souring on the Obama Administration’s failed energy programs, saying they were “infused with politics at every level.” As it noted in discussing the Solyndra scandal: “Obama’s green-technology program was infused with politics at every level, The Washington Post found in an analysis of thousands of memos, company records and internal ­e-mails. Political considerations were raised repeatedly by company investors, Energy Department bureaucrats and White House officials. The records, some previously unreported, show that when warned that financial disaster might lie ahead, the administration remained steadfast in its support for Solyndra,” which was owned by major Obama backers, like George Kaiser.

As law professor Glenn Harlan Reynolds notes, “all the ‘stimulus’ and ‘green energy’ stuff was never anything but a program to put taxpayer money into the hands of cronies and supporters.”

The Obama Administration hastily approved the  taxpayer subsidies for Solyndra despite obvious danger signs and warnings from accountants about the company’s likely collapse, themisgivings of agency officials, and the company’s mismanagement and lousy-quality products. (Solyndra executives are now pleading the 5th Amendment to avoid disclosing incriminating information.) The Obama administration was determined to shovel taxpayer money to its cronies as fast as it could. As an Obama fundraiser and Solyndra stakeholder exulted,  “there’s never been more money shoved out of the government’s door in world history and probably never will be again than in the last few months and the next 18 months. And our selfish parochial goal is to get as much of it . . . as we possibly can.”  “At the time Solyndra received its grant, Vice President Joe Biden declared that the Solyndra investment is ‘exactly what the [the stimulus package] is all about.’”

While diverting taxpayer money away from productive and efficient businesses to corporate-welfare recipients controlled by political cronies, the Obama Administration is busy wiping out jobs through thousands of pages of counterproductive regulations.  Some of these new regulations are designed to spawn lawsuits that will enrich trial lawyers at businesses’  and consumers’ expense.

Here’s an excerpt from the Washington Post piece he linked:

Since the failure of the company, Obama’s entire $80 billion clean-technology program has begun to look like a political liability for an administration about to enter a bruising reelection campaign.

Meant to create jobs and cut reliance on foreign oil, Obama’s green-technology program was infused with politics at every level, The Washington Post found in an analysis of thousands of memos, company records and internal ­e-mails. Political considerations were raised repeatedly by company investors, Energy Department bureaucrats and White House officials.

The records, some previously unreported, show that when warned that financial disaster might lie ahead, the administration remained steadfast in its support for Solyndra.

The documents reviewed by The Post, which began examining the clean-technology program a year ago, provide a detailed look inside the day-to-day workings of the upper levels of the Obama administration. They also give an unprecedented glimpse into high-level maneuvering by politically connected clean-technology investors.

They show that as Solyndra tottered, officials discussed the political fallout from its troubles, the “optics” in Washington and the impact that the company’s failure could have on the president’s prospects for a second term. Rarely, if ever, was there discussion of the impact that Solyndra’s collapse would have on laid-off workers or on the development of clean-
energy technology.

“What’s so troubling is that politics seems to be the dominant factor,” said Ryan Alexander, president of Taxpayers for Common Sense, a nonpartisan watchdog group. “They’re not talking about what the taxpayers are losing; they’re not talking about the failure of the technology, whether we bet on the wrong horse. What they are talking about is ‘How are we going to manage this politically?’ ”

The administration, which excluded lobbyists from policy-making positions, gave easy access to venture capitalists with stakes in some of the companies backed by the administration, the records show. Many of those investors had given to Obama’s 2008 campaign. Some took jobs in the administration and helped manage the clean-energy program.

Documents show that senior officials pushed career bureaucrats to rush their decision on the loan so Vice President Biden could announce it during a trip to California. The records do not establish that anyone pressured the Energy Department to approve the Solyndra loan to benefit political contributors, but they suggest that there was an unwavering focus on promoting Solyndra and clean energy. Officials with the company and the administration have said that nothing untoward occurred and that the loan was granted on its merits.

I am really surprised to see such a strongly-worded denunciation of Obama’s energy policies in a liberal newspaper.

Take a look at the rest of Hans’ post where he talks about the effects of environmental regulations on job creation and the stimulus’ effect on long-term economic growth. Basically, the only thing that Obama did right in 3 years was sign those free trade deals – and he sat on those for two years so as not to anger his union buddies.  The rest has been a disaster from start to finish.

Navy buys fuel for $15 per gallon from Democrat-connected green energy firm

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.

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.