The United States has been riddled with corrupt
administrations. And as far as I’m
concerned, the Obama administration ranks up there with the worst
offenders. I don’t believe FDR’s
alphabet soup agencies – notorious for their votes for patronage – can out
slime the scum that seeps from today’s White House. I believe you’d have to go all the way back
to the Grant administration to find one comparable to the degrees of cronyism
and outright disregard for the law.
The Heritage Foundation published the following list
of green energy companies that went bankrupt, or are on the verge of bankruptcy. By the way, many, if not all of them, had
agents that were campaign bundlers for the Obama campaign.- Evergreen Solar ($25 million)*
- SpectraWatt ($500,000)*
- Solyndra ($535 million)*
- Beacon Power ($43 million)*
- Nevada Geothermal ($98.5 million)
- SunPower ($1.2 billion)
- First Solar ($1.46 billion)
- Babcock and Brown ($178 million)
- EnerDel’s subsidiary Ener1 ($118.5
million)*
- Amonix ($5.9 million)
- Fisker Automotive ($529 million)
- Abound Solar ($400 million)*
- A123 Systems ($279 million)*
- Willard and Kelsey Solar Group
($700,981)*
- Johnson Controls ($299 million)
- Schneider Electric ($86 million)
- Brightsource ($1.6 billion)
- ECOtality ($126.2 million)
- Raser Technologies ($33 million)*
- Energy Conversion Devices ($13.3
million)*
- Mountain Plaza, Inc. ($2 million)*
- Olsen’s Crop Service and Olsen’s Mills Acquisition
Company ($10 million)*
- Range Fuels ($80 million)*
- Thompson River Power ($6.5 million)*
- Stirling Energy Systems ($7 million)*
- Azure Dynamics ($5.4 million)*
- GreenVolts ($500,000)
- Vestas ($50 million)
- LG Chem’s subsidiary Compact Power ($151
million)
- Nordic
Windpower ($16 million)*
- Navistar ($39 million)
- Satcon ($3 million)*
- Konarka Technologies Inc. ($20 million)*
- Mascoma Corp. ($100 million)
*Denotes
companies that have filed for bankruptcy
Samuel
J. Tilden, an 1876 presidential nominee, called out the Grant
administration. The following is an
excerpt from one of his speeches:
What
the country now needs is a revival of Jeffersonian democracy, with the
principles of government and rules of administration, and…the high standards of
official morality which were established by the political revolution of 1800….The
demoralizations of war – a spirit of gambling adventure, engendered by false
systems of public finance; a grasping centralization, absorbing all functions
from the local authorities; and assuming to control the industries of
individuals by largesses to favored classes from the public Treasury of money
wrung the body of the people by taxation – were then, as now, characteristic of
the period. The party that swayed the
Government, though embracing many elevated characters, was dominated as an
organization by the ideas of its master spirit, Alexander Hamilton. Himself personally pure, he nevertheless
believed that our people must be governed, if not by force, at least by appeals
to the selfish interests of classes, in all forms of corrupt influence….As a
means to the reaction of 1800, Jefferson organized the Democratic Party. He set up anew the broken foundations of
governmental power. He stayed the
advancing centralization. He restored
the rights of the States and of the localities.
He repressed the meddling of Government in the concerns of private
business….He refused to appoint relatives to office. He declined all presents. He refrained while in the public service from
all enterprises to increase his private fortune….The reformatory work of Mr.
Jefferson in 1800 must now be repeated.
No comments:
Post a Comment