Three firms in financial trouble are now known to have received “last minute” Federal loan guarantees: Solyndra, Sun Power and now Beacon Energy. Government employees recommended against all three loans based on the financial condition of the companies. Solyndra and Beacon Energy have filed for bankruptcy. It is known that top company officials at Solyndra donated substantially to the Obama 2008 and 2012 election campaigns. The White House continues to stonewall investigations.
COMMENTS:
This is the way they do business in Chicago. Anthony Rezko was an expert at this type of
corruption. Anthony Rezko is a close,
personal friend of the Obamas. In that
math world, that’s known as 2 + 2 = ?
TODAY’S QUERIES & ANSWERS:
Q. What is MF Global and why is it making news? (Xavier ~ Sacramento, CA)
A. It’s a major, major stock brokerage firm that is filing
bankruptcy after it was discovered that millions of dollars in investors’ money
is missing. The investigation threatens
to ruin the reputation of former New York governor and Goldman Sachs chief Jon
S. Corzine, making it the first American victim of Europe's debt crisis. Many former execs from Goldman Sachs now work
at the White House.
Q. Will the Super Committee reach agreement on steps to cut
the deficit in time? (Charlotte ~
Dallas, TX)
A. No. But, don’t
count on the automatic provisions kicking in either. I think the whole scheme was a sham from the outset, in the hopes that Americans would lose their anger over the spending and debt. Look for them to find some other excuse to
kick the whole issue over until next year.
We need to fire every last member of Congress we can lay our votes on in
November 2012. This conduct is ruining
our country. This country is badly in need of an uprising. Yes, we need to take our country back.
Q. Why is China rushing ahead with a space program? (Caroll ~ Colusa, CA)
A. The technological advances that come along with a space
program will enable the Chinese to advance themselves tremendously from a
military standpoint. Anyone for a game
of Chinese checkers?
TODAY’S QUOTE:
“Assuming China does not become
destabilized and continues to grow, it will no doubt develop a military program
in proportion to its resources.” ~ Martin van
Creveld
TODAY’S VIDEO:
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