Latest E-Mails Show Obama Planned to Give a Second Taxpayer-Funded Loan to Politically Connected Solyndra

The man is the most corrupt President in U.S. history. The proof is in his actions. The Obama administration wanted to give recently bankrupt Solyndra a second taxpayer-funded guaranteed loan.

From The Washington Post:

Newly released e-mails show the Obama administration’s Energy Department was poised to give Solyndra a second taxpayer loan of $469 million last year, even as the company’s financial situation grew increasingly dire.

That would have been a $1 billion dollar loss when combined with the first $535 million the Obama regime gave to his political campaign donors.

The department was still considering providing the second loan guarantee to the solar-panel manufacturer in April and May 2010, at a time when Solyndra’s auditors were already warning that the company was in danger of collapsing.

Details of the plan are revealed in e-mails released this week by Democrats on the House Energy and Commerce Committee, which is investigating the original loan. On Wednesday, the probe intensified as committee Republicans requested that the White House provide all documents, dating back to President Obama’s inauguration, that would show communications between staff members and other officials regarding Solyndra’s original $535 million federal loan guarantee.

Obama told Joe the Plumber that he would redistribute other’s money to make it more fair. He just left out that he was going to do it to reward those who donated to his campaign.

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Racist? Louise Slaughter (D-NY) Wants to Nullify Rulings Made by Supreme Court Justice Clarence Thomas Using “Retroactive Recusal (Video)

Again, Democrats hate the Constitution and don’t understand separation of powers.

Slaughter is a typical Democrat trying to take away a black man’s right to vote. It’s in their history. A history of being pro-slavery and giving the US secession, segregation, the KKK, lynchings and Jim Crow laws. The same party who voted against every piece of civil rights legislation in history.

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Democrats Slap Obama…Wants to Tax Millionaires (Those who Make $1 Million, Not $250,000)

Finally. Democrats can count. For three years, Obama has claimed those making more than $250,000 are millionaires and billionaires. Everyone else knows that millionaires are individuals that make $1,000,000 per year. Nobody ever claimed numbers to be Obama’s strong suite.

FromThe Hilll:

Senate Democrats have jettisoned President Obama’s proposal to raise taxes on families making more than $250,000, raising the threshold to $1 million in an attempt to win more Democratic votes.

Democratic leaders say they want to impose a 5 percent surtax on the tax liability of millionaires, which would raise about $445 billion over 10 years — roughly the cost of Obama’s jobs proposal.

Obama’s bill calls for $447 billion in spending. If it passes, whose paying for that additional $2 billion?

Even with the overhaul of Obama’s jobs package, Senate Majority Leader Harry Reid (D-Nev.) said he was not certain it would gain unanimous Democratic support. But Democratic leaders believe the change will broaden the bill’s popularity in their caucus.

Democrats blocked the passage of Obama’s jobs bill as Obama continue to blame Republicans. Facts and logic seem to elude this president.

“We’re going to move to have the richest of the rich pay a little bit more,” Reid said at a Wednesday press conference.

The top 10% of earners pay over 53% of all taxes as 47% pay no federal income tax at all.

…“Drawing the line at a million dollars is the right thing to do. In the eyes of many, it is hard to ask more of households that make $250,000 or $300,000 a year. They are not rich,” said Sen. Charles Schumer (N.Y.), chairman of the Democratic Policy Committee. “In large parts of the country that kind of income does not get you a big home or lots of vacations or anything else that is associated with wealth in America.”

On Wednesday, Schumer said raising taxes on families earning more than $250,000 a year, as Obama has long supported, would affect small businesses, an argument that is more associated with Republicans than Democrats.

“It also would affect too many small businesses if you drew the line below a million dollars,” he said. “There are businesses, small businesses, that struggle. So we believe the million dollars is the right line because in many parts of the country there are two-income households that earn that much. That doesn’t make them rich.”

Schumer sounds like a Republican. Maybe there’s hope for him yet.

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Herman Cain to “Occupy Wall Street” Protesters: “If You Don’t Have a Job and Are Not Rich…Blame Yourself”

I really like Herman Cain and after hearing him tell the anti-capitalist protesters to take responsibility for their miserable lives, I’m in love with him. There’s a huge difference between Cain and Obama. Cain wants people to take responsibility as Obama wants to say it’s everyone else who is responsible for the mess he created.

Cain is Obama’s arch nemesis.

Obama can’t use the race card against Cain. The left loves to pull the race card when losing a debate. Imagine having a candidate that neutralizes the use of race-based politics. What else could Obama run on? His record? (Stop laughing)

Cain can use his business experience to show a difference with Obama, who has no business experience (shakedowns don’t count). The economy has stalled because Obama is surrounded by a bunch of advisers who have no real world business experience.  All are from academia, not the private sector. Cain clearly has more executive experience than Obama.

Cain has never held political office compared to Obama, who is all political, all the time. It is career politicians who have created the current mess we face. Why should taxpayers elect a career politician who is only out to fatten their own pockets while stealing from theirs?

I would pay money to watch Cain debate Obama on Obama’s record and with numbers. Can you imagine Cain hitting Obama with his numbers and Obama being without his trusty ol’ teleprompter? I expect to hear a lot more stuttering, stammering and uhhh’s or ohhh’s coming from the guy the left claims as a ‘great orator.’

Courage, character and vision. Cain has all three. You will hear pundits whine that Cain has no political experience, but those experience politicians are the ones who have spent us into a $14 trillion plus debt; stole money from Social Security to fund pet projects; caused the financial crisis by forcing banks to give loans to unqualified home buyers.

These same career politicians are the ones who believe they don’t have to listen to their constituents or read bills before passing them. The same ones who believe the federal government has the power to force taxpayers to buy a product from cradle to grave. Career politicians created the mess so why would taxpayers trust them to get us out of it?

I love that Cain has zero political experience and shoots straight from the hip. What a refreshing change Cain would bring compared to the constantly caught lying Obama. Imagine a President who can look into your eyes instead of a President whose head is on a swivel, looking left and right at the teleprompter.

At a critical time in American history, we need a leader who will tell us the truth. It’s time to pick someone who has experience…real world experience. Career politicians are not the answer. Cain is looking like a presidential contender.

 

 

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