Half A Billion Lost-----Obama’s Fall-Guy Chu Says He Is Not Sorry

by Dr. Alan Bates, MD

Same song, different verse.   Secretary Chu of the Department of Energy was grilled by Congress about the Solyndra fraud committed by the Obama administration despite plenty of warnings that the company was likely to go under.   Mr. Chu claimed the White House was at arms length and that he solely was responsible but could not say he was sorry since he did not know the deal was rotten to the core.  The  Solyndra fraud was rotten because (a)  it was just one of many of  Obama’s illegal theft of taxpayer dollars to pay off  his supporters,  (b)  it was an  investment of  U.S. taxpayer dollars in the Left’s unproved ‘green energy’ ideology which to this date has not been able to justify its high costs compared with our much more vast and cost-efficient natural gas,  oil and nuclear energy resources, and (c) the Administration has appointees who have ZERO economic and financial smarts to whom he has given  control of billions of our dollars for the Administration’s pet socialist projects.   More important than Solyndra itself is this Administration’s commitment to destruction of America both ideologically and financially.   Solyndra is just one of a multitude of known (and unknown) ‘investments’ by the Obama administration without the approval of Congress.   One must remember that the Democrats have had no annual budget for over three years and yet they give Obama and his Czars a blank check from our Treasury to squander in nefarious ways.

The United Nations nuclear ‘watchdog’ last week finally woke up after years of being asleep at the switch and admitted that Iran has or soon will have a nuclear weapon.  Not to be trusted, this corrupt organization which lines the pockets of tyrants worldwide and whose central core strives for a single world government (them), now expresses concerns regarding Iran, while the naïve uneducated and inexperienced Obama still believes that ‘sanctions and diplomacy’ can solve the problem---never mind that China and Russia are not interested since they are trading partners with Iran.  Iran knows that any meaningful sanctions will result in an increase in oil prices worldwide and that the United States is hardly prepared for an oil shock thanks to the ineptitude and misguided lunacy of the Obama administration.   A smart, sensible and patriotic president would have years ago made energy security a priority (along with enforcement of federal immigration laws)  since any moron  could  have anticipated the certain crises in the Middle East which can bring America to its knees.   So here we are folks! 

Obama has instructed his disingenuous socialist Democrat members of the ‘Super committee’ which was unconstitutionally designated to resolve America’s spending addiction to accept nothing short of  raising taxes on the most productive Americans who already pay a disproportionate percent of all taxes while watching it squandered by Fedzilla.   These socialist crooks have shown their hand by rejecting the GOP’s plan to cut spending and raise revenue by expanding the tax base and closing tax loopholes.  The Democrats are not really serious about reforming the convoluted tax code, expanding the tax base, or cutting entitlement spending for all of the above reduce the number of government-dependents who vote for them.  So the artificial deadline this week will come and go,  and the whole process of  how to reduce the deficit will go back to Congress resulting in further downgrades by various credit-rating agencies while the socialist Democrats and Obama just sit by shirking their responsibility to America  for purely political purposes.   Every representative in the House who voted against the balanced budget amendment this week should be voted out next year.  Their ‘No’ vote proves their lack of responsibility to do the job for which they were elected.  They are part of the problem and not part of the solution.  This link will name them:

http://blogs.ajc.com/jamie-dupree-washington-insider/