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Monday, April 29, 2013
Friday, April 26, 2013
Fwd: Gullible Greens Throw Away Your Money
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Begin forwarded message:
From: Newt Gingrich <no-reply@gingrichproductions.com>
Date: April 26, 2013 5:17:09 PM GMT-06:00
To: bobbygmartin1938@gmail.com
Subject: Gullible Greens Throw Away Your Money
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Gullible Greens Throw Away Your Money
The green energy loan racket's biggest loss since Solyndra may come from a company that was bent on selling $100,000 luxury cars to people like Justin Bieber, Leonardo DiCaprio, and Al Gore.
The fact that hardworking taxpayers were forced to subsidize the Fisker Karma, a hybrid electric sports car catering to the super-wealthy, is a scandal in its own right. But such an expenditure is even more outrageous when you consider the administration's insistence this week that sequester cuts forced it to slow the nation's airports and air traffic control system to a crawl.
The FAA claimed it needed about $600 million in funding restored to prevent disruptions in aviation. Although Republicans repeatedly offered the administration the authority to make up for this shortfall with wasteful programs outside the FAA, the President has so far showed little interest, continuing to claim they can't come up with the money needed to prevent the delays.
Yet the Obama administration and Congressional Democrats are apparently unconcerned about the $529 million loan they made Fisker, which is expected to declare bankruptcy. The President's spokesman and House Democrats brushed off questions about Fisker earlier this week. The company had a CCC+ credit rating when the Department of Energy (DOE) chose to lend it more than half a billion dollars. Now, it is likely that decision will cost taxpayers $171 million.
The ultra-luxury electric car company will be the largest loss by the DOE loan program since Solyndra, the recipient of a $528 million government guarantee, went bankrupt in 2011.
The green energy loan guarantee program was a centerpiece of President Obama's first-term agenda. He told us in virtually every speech that these types of "investments" would create jobs and drive an economic recovery. The stimulus included billions of dollars for dozens of "green" jobs projects.
Yet just a few years later, the administration contends it doesn't have the money to keep the air traffic control system running smoothly. If only the FAA had thought to affix solar panels to the control towers, maybe it could have applied for a DOE loan to keep itself going.
The administration argues government "investments" to companies like Fisker are necessary to drive development of new and revolutionary technologies. But Fisker wasn't doing basic research; it was a commercial venture producing luxury vehicles, which had already raised more than a billion dollars of private capital. The federal loan guarantees did not enable any fundamentally new technology, and they weren't necessary for Fisker to produce cars.
What's almost as bad as subsidizing electric cars for the super-wealthy is that the loan program appears to have been so mismanaged that the government continued to shell out money to Fisker long after it missed important milestones which were supposed to be conditions for further funding. Evidence introduced at the hearing on Wednesday showed the Department of Energy continued to bankroll Fisker for a year after it was warned the company wasn't meeting these benchmarks, costing an extra $32 million the company should never have received.
It appears Fisker was never able to produce a car that was really suitable for sale. Bruce Simon, the CEO of Omaha Steaks, was quoted in the Wall Street Journal this week describing his $100,000 Karma:
"Mr. Simon says his car broke down four times over the span of a few months. Each time, Fisker Automotive Inc. picked it up and sent it by trailer from his home in Omaha, Neb., to a dealer in Minneapolis.
"The Karma was 'so vulnerable to software errors, and the parts used were of such poor quality that eventually I insisted they take the car back and return my purchase price, which they did,' he says. 'It's a real shame, the car itself was beautiful.'"Perhaps it is expenses like this that caused Fisker apparently to lose $557,000 on every car sold.
President Obama often speaks of the need for a "balanced approach" to reducing the deficit. But when his administration defends air traffic control disruptions and half-million-dollar electric lemons in the same week, you have to wonder about his sense of "balance."
Your Friend,
Newt
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Fwd: Google Alert - Climate warming hoax
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Begin forwarded message:
From: Google Alerts <googlealerts-noreply@google.com>
Date: April 26, 2013 12:03:33 AM GMT-06:00
To: BobbyGMartin1938@gmail.com
Subject: Google Alert - Climate warming hoax
News 1 new result for Climate warming hoax
Poll: 58% of Republicans Still Believe Global Warming is a Hoax - Triple Pundit
Triple Pundit
A recent Public Policy Polling (PPP) survey found that 58 percent of Republicans polled still believe that global warming is a hoax. This, at the same time that international polls are finding that Americans are among the biggest doubters, a dubious ...
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Triple Pundit
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Tuesday, April 23, 2013
Fwd: Google Alert - Climate warming hoax
Sent from my iPad
Begin forwarded message:
From: Google Alerts <googlealerts-noreply@google.com>
Date: April 22, 2013 10:58:00 PM GMT-06:00
To: BobbyGMartin1938@gmail.com
Subject: Google Alert - Climate warming hoax
News 1 new result for Climate warming hoax Global Warming Hoax Finally Falling Apart
Current TV
Well, check this: "Some experts say their trust in climate science has declined because of the many uncertainties. The UN's Intergovernmental Panel on Climate Change (IPCC) had to correct a 2007 report that exaggerated the pace of melt of the Himalayan ...
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Saturday, April 20, 2013
Fwd: Google Alert - Climate warming hoax
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Begin forwarded message:
From: Google Alerts <googlealerts-noreply@google.com>
Date: April 19, 2013 10:37:51 PM GMT-06:00
To: BobbyGMartin1938@gmail.com
Subject: Google Alert - Climate warming hoax
News 1 new result for Climate warming hoax Global Warming Hoax Finally Falling Apart - Canada Free Press
Canada Free Press
Often focused on century-long trends, most climate models failed to predict that the temperature rise would slow, starting around 2000. Scientists are now intent on figuring out the causes and determining whether the respite will be brief or a more ...
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Thursday, April 18, 2013
Tuesday, April 16, 2013
BBC E-mail: Biofuels are 'irrational strategy'
I saw this story on the BBC News iPad App and thought you should see it.
** Biofuels are 'irrational strategy' **
A new report says the UK's use of biofuels is "irrational" and will cost motorists around £460 million over the next 12 months.
< http://www.bbc.co.uk/news/science-environment-22127123 >
** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >
** Disclaimer **
The BBC is not responsible for the content of this e-mail, and anything written in this e-mail does not necessarily reflect the BBC's views or opinions. Please note that neither the e-mail address nor name of the sender have been verified.
Sent from my iPad
** Biofuels are 'irrational strategy' **
A new report says the UK's use of biofuels is "irrational" and will cost motorists around £460 million over the next 12 months.
< http://www.bbc.co.uk/news/science-environment-22127123 >
** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >
** Disclaimer **
The BBC is not responsible for the content of this e-mail, and anything written in this e-mail does not necessarily reflect the BBC's views or opinions. Please note that neither the e-mail address nor name of the sender have been verified.
Sent from my iPad
Saturday, April 13, 2013
Friday, April 12, 2013
Fwd: Google Alert - Climate warming hoax
Sent from my iPad
Begin forwarded message:
From: Google Alerts <googlealerts-noreply@google.com>
Date: April 11, 2013 11:44:06 PM GMT-06:00
To: BobbyGMartin1938@gmail.com
Subject: Google Alert - Climate warming hoax
News 2 new results for Climate warming hoax
Inhofe: 'MoveOn.org, George Soros, Michael Moore' created global warming hoax
Raw Story
James Inhofe (R-OK) on Wednesday explained that Al Gore and the United Nations get most of the blame for what he called a global warming "hoax," but filmmaker Michael Moore and billionaire George Soros deserved some credit too. At a Environment and ...
See all stories on this topic »
Raw StoryInhofe on climate 'hoax': Don't forget Soros, Moveon.org
The Hill (blog)
"It is a debate about global warming and whether or not we are going to listen to the leading scientists of this country, who are telling us that global warming is the most serious planetary crisis that we, as the global community, face, and whether we ...
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Thursday, April 11, 2013
Wednesday, April 10, 2013
Monday, April 8, 2013
Sunday, April 7, 2013
Fwd: Google Alert - Climate warming hoax
Sent from my iPad
Begin forwarded message:
From: Google Alerts <googlealerts-noreply@google.com>
Date: April 6, 2013 10:25:11 PM GMT-06:00
To: BobbyGMartin1938@gmail.com
Subject: Google Alert - Climate warming hoax
Web 1 new result for Climate warming hoax Rush Limbaugh Touts 13-Year-Old Who 'Proved' Global Warming Is ...
I've heard lots of evidence that man-made global warming is a hoax. And since I' m ... "Not only is this climate stuff a hoax, but the earth is flat." Reply. fj says: ...
thinkprogress.org/climate/2013/04/.../limbaugh-climate-scienc...
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Thursday, April 4, 2013
Tuesday, April 2, 2013
Monday, April 1, 2013
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