Tag Archive: Cronyism


Health Care Law Recasts Insurers As Obama Allies

 

 

 

” As Americans shop in the health insurance marketplace for a second year, President Obama is depending more than ever on the insurance companies that five years ago he accused of padding profits and canceling coverage for the sick.

  Those same insurers have long viewed government as an unreliable business partner that imposed taxes, fees and countless regulations and had the power to cut payment rates and cap profit margins.

  But since the Affordable Care Act was enacted in 2010, the relationship between the Obama administration and insurers has evolved into a powerful, mutually beneficial partnership that has been a boon to the nation’s largest private health plans and led to a profitable surge in their Medicaid enrollment.

  The insurers in turn have provided crucial support to Mr. Obama in court battles over the health care law, including a case now before the Supreme Court challenging the federal subsidies paid to insurance companies on behalf of low- and moderate-income consumers. Last fall, a unit of one of the nation’s largest insurers, UnitedHealth Group, helped the administration repair the HealthCare.gov website after it crashed in the opening days of enrollment.”

It’s all about the cronyism with this administration . Read the rest at NY Times

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Green Menace: Wind Turbines Deemed A ‘Human Health Hazard’

 

 

 

 

 

” For years, President Obama has exploited public concern over “climate change” in order to wage a brutal campaign of genocide against our nation’s birds. Wind turbines have been turned into highly efficient killing machines, mowing down bald eagles in grisly fashion, dozens at a time. A new finding by science suggests that humans may be next.

  Health officials in Brown County, Wisconsin have declared a local industrial wind farm to be a “human health hazard,” following a four-year investigation in health complaints from area residents.

  Jay Tibbetts, a physician and a member of the Brown County Board of Health, said the board did not come to its decision lightly. “We have 80 people on record who have made health complaints, including a nurse who is going deaf,” Tibbets said. “We can’t just ignore this.”

  The Brown County health code defines a human health hazard as “a substance, activity or condition that is known to have the potential to cause acute or chronic illness or death if exposure to the substance, activity or condition is not abated.” [emphasis added]

  The ruling is bad news for Duke Energy, the company that owns and operates the wind farm. Not surprisingly, Duke Energy has close ties to the Obama administration and the Democratic Party. In 2012, the company provided a $10 million loan to the Democratic National Convention in Charlotte, which was never repaid. “

 

Free Beacon

 

 

 

 

 

 

 

 

 

Obama: Government Should Regulate Internet To Keep It Free

 

 

 

 

 

 

 

” So President Obama has announced that the Internet should be regulated as a public utility. He’s asking the Federal Communications Commission (FCC) to reclassify internet service providers (ISPs) from “information services” under Title I as telecommunications providers under Title II regulatory guidelines. (See here for background on the distinction.)

  This is all being done in the name of “Net Neutrality,” keeping the Internet free and open, prohibiting “fast lanes” for certain services and sites, making sure no legal content is blocked, and all other horribles that…have failed to materialize in the absence of increased federal regulation.

  Reason contributor and Clemson University economic historian Thomas W. Hazlett defines Net Neutrality as “a set of rules…regulating the business model of your local ISP.” The definition gets to the heart of the matter. There are specific interests who are doing well by the current system—Netflix, for instance—and they want to maintain the status quo. That’s understandable but the idea that the government will do a good job of regulating the Internet (whether by blanket decrees or on a case-by-case basis) is unconvincing, to say the least. The most likely outcome is that regulators will freeze in place today’s business models, thereby slowing innovation and change. “

 

   More on this latest example of Orwellian State-Speak so commonly spewed by the current administration can be found here . Obama’s line is sure to be a classic right up there with “if you like your doctor…” and “we must pass the bill to see what’s in it . ” .

 One is forced to ask , are the progressives so dense as to be blissfully unaware of the ignorance of their statements , or are they inveterate liars ? 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

World’s Largest Solar Plant Applying For Federal Grant To Pay Off Federal Loan

 

 

” After already receiving a controversial $1.6 billion construction loan from U.S. taxpayers, the wealthy investors of a California solar power plant now want a $539 million federal grant to pay off their federal loan.

” This is an attempt by very large cash generating companies that have billions on their balance sheet to get a federal bailout, i.e. a bailout from us – the taxpayer for their pet project,” said Reason Foundation VP of Research Julian Morris. “It’s actually rather obscene.” “

 

 

Ivanpah Bailout

 

 

 

” The Ivanpah solar electric generating plant is owned by Google and renewable energy giant NRG, which are responsible for paying off their federal loan. If approved by the U.S. Treasury, the two corporations will not use their own money, but taxpayer cash to pay off 30 percent of the cost of their plant, but taxpayers will receive none of the millions in revenues the plant will generate over the next 30 years.

” They’re already paying less than the market rate,” said Morris, author of a lengthy report detailing alleged cronyism and corruption in the Obama administration’s green energy programs. “Now demanding or asking for a subsidy in the form of a grant directly paying off the loan is an egregious abuse.” “

 

Cronyism at its worst . If anyone can afford to pay the taxpayers back for their forced largesse it is certainly Google .

Fox News

 

 

 

 

 

 

 

 

 

Michael Walsh:

 

 

ebola poster

 

 

” The announcement of Ron Klain as the new Ebola “czar” checks all the boxes: Harvard Law, longtime Democrat party op, veteran of the Clinton, Al Gore and John Kerry campaigns. The problem is, it checks all the wrong boxes. The Progressive myth is that we ought to have a government of experts — top men! — to handle the nation’s problems in a calm, deliberative manner. The reality is that we have a nation of unscrupulous lawyers, amoral apparatchiks and political hacks whose only area of expertise is manipulating the electoral and governmental systems and getting rich by doing so.

  I mean, does this make you feel confident?

  After learning this week that an infected nurse had traveled by air, Mr. Obama scrapped most of his schedule in favor of meetings with top national security and public health officials. While praising their work to date on Ebola, the president said they had full plates — including the fight against the Islamic State and the onset of flu season — and another person might be needed “just to make sure that we are crossing all the t’s and dotting all the i’s going forward.”

  Mr. Klain will report directly to Lisa Monaco, Mr. Obama’s homeland security adviser, and Susan E. Rice, his national security adviser, the official said.

  Islamic State, the flu season, a lethal virus hitherto confined to Africa — just another day at the office for President Golf n’ Fund-raise. What this appointment — made only under duress, and purely for political reasons, since there is absolutely nothing Ron Klain personally can do to stop the spread of the Ebola virus now that the barn doors at our borders and airports have been left wide open for ideological reasons — tells us is this: “

 

 

 

 

 

 

 

 

 

Ranking Known State Subsidies To Private Businesses

 

 

 

 

 

” While corporate welfare, whether in the form of subsidies or bailouts, is more often associated with the federal government, state governments also regularly use generous, targeted subsidy packages to entice corporations to locate within their borders. As these charts show, corporate welfare is a significant problem at the state level, with New York State leading the rest.

  This week’s charts use data from the Subsidy Tracker 2.0 dataset compiled by Good Jobs First, a government accountability and smart-growth advocacy group, to display the states (plus the District of Columbia) that disperse the highest amounts and numbers of subsidies, along with the top parent corporations that cumulatively benefit from these subsidies. 

  Comprehensive data on total state assistance to private businesses have long been hard to access, since the relevant information has been inconsistently scattered among various government reports and websites. The Subsidy Tracker project is an ambitious effort to compile state data on subsidized projects, amounts, beneficiaries, and outcomes in one location. The dataset distinguishes between 11 types of subsidies, including tax credits and rebates, property tax abatements, low-cost loans, infrastructure assistance, and enterprise zones. The dataset is a constantly updated work-in-progress; while it does not yet contain every single state subsidy, it is one of the most comprehensive sources of state subsidies assembled so far. Additionally, the database compilers decided to count sales tax exemptions on business purchases of inputs as a “subsidy.” However, some economists argue that applying sales taxes to input purchases would inefficiently favor vertically integrated firms over firms that purchase inputs from other businesses. Therefore, this kind of sales tax exemption is not a “subsidy,” but an efficient tax policy. Despite these important limitations, the dataset can give us an early glimpse of the rough value of the  subsidies that each state issues. The User Guide provides further details on the methodology.

  The first chart displays the states known to have extended cumulative subsidies exceeding $1 billion, according to the dataset. In the top portion, the states are ranked, left to right, from the highest amount of subsidies to the lowest amount of subsidies. In the bottom portion, the equivalent number of deals are displayed for each state. 

  New York state clearly leads the pack, extending a known 71,759 subsidy deals worth $21.71 billion. The second highest corporate beneficiary in the dataset, Alcoa, received a plum deal from the Empire State in 2007, raking in an astounding $5.6 billion to build an aluminum plant. “

Veronique de Rugy at Mercatus has much more on state funded corporate welfare

 

From The New TV Comedy Show “The Flipside” Hosted By Michael Loftus

 

 

 

 

Published on Sep 17, 2014

” Comedian Michael Loftus, host of the new TV show “The Flipside” goes on an extended rant about how people who supposedly believe in the upcoming end of the world brought on by global warming primarily seem interested in just making money for themselves.”

 

 

HT/ The People’s Cube

 

 

   These links will allow you to like “The Flipside” on Facebook , visit host Michael Loftus’ website and subscribe to their Youtube channel if so inclined .

Enactment Of This Law Will Set A Dangerous Precedent … Sign The Petition Now

 

 

Anchorage Petition

 

 

 

” Florida is attempting to appease wealthy waterfront homeowners by permitting local municipalities to create ordinances that would ban anchoring anywhere near private residences and in particular, anchoring overnight for cruising boaters. The manner in which these ordinances could be written could actually effectively ban anchoring in large parts of Florida.

  Florida state politicians are attempting to circumvent the entire FWC Anchoring/Mooring Pilot Program by allowing any municipality not participating in the program to determine any minimum distance boaters can anchor from every private residence.

  Passage of an amendment such as this would not only make knowing where in Florida overnight anchoring is allowed an impossible task, but could effectively eliminate legal anchoring in nearly all of the state.
If you wish more information on this topic, you can view excellent articles at practicalsailor.com waterwayguide.com and at sailmagazine.com 

  Why should this matter to you? Because, laws enacted in Florida are being considered by waterfront communities as far away as Ontario Canada, even Australia and other overseas countries, and in all of the coastal states of the United States, including the Great Lakes.  

  These laws, if enacted, will create a precedent that could negatively affect your rights to enjoy the waters of your state or province. We need you to speak out and protect boaters’ and the public’s rights to use the waters of Florida.

  Please help us now, so that we don’t have to help you later when this comes to your town.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gap Between Manhattan’s Rich And Poor Is Greatest In U.S., Census Finds

 

 

 

 

” The mean income of the top 5 percent of households in Manhattan soared 9 percent in 2013 over 2012, giving Manhattan the biggest dollar income gap of any county in the country, according to data from the Census Bureau.

  The top 5 percent of households earned $864,394, or 88 times as much as the poorest 20 percent, according to the Census Bureau’s American Community Survey, which is being released Thursday and covers the final year of the Bloomberg administration.

“ The recovery seems to be going to those at the top, much more than those in the middle, while those at the bottom may even be losing ground,” said Andrew A. Beveridge, a sociologist at Queens College of the City University of New York. He attributed the disparity to the surging costs of housing and the lack of housing subsidies and other forms of public assistance available to many needy families.

  The wealthiest New Yorkers are benefiting in part from the rise of the financial industry, including hedge funds and investment banks, which has helped lift the income of the most affluent households to levels reached before the recession. The recession lasted roughly from 2007 to mid-2009.

  For all of New York City, median household income rose to $52,223 from $51,640, still well below the $55,307 recorded in 2008. Among racial and ethnic groups, non-Hispanic whites had the highest median income at $75,145, while Hispanics had the lowest income at $36,196. Household income climbed in every borough except Staten Island.”

    While the rest of the people suffer through this years long “recovery” the cronies of the democratic “party of the people” continue to amass a larger share of the wealth . Here is a breakdown of political contributions in the state of New York by county from Open Secrets . The counties that make up NY City have been highlighted in red .

County Total Dems Repubs Dem % Repub %
Albany $832,453 $383,191 $182,555 65% 31%
Allegany $358,232 $5,150 $321,455 2% 107%
Bronx $924,489 $491,981 $259,147 63% 33%
Broome $239,018 $80,235 $84,933 47% 50%
Cattaraugus $246,716 $99,125 $116,425 43% 51%
Cayuga $29,384 $11,300 $4,200 73% 27%
Chautauqua $65,337 $17,533 $23,540 41% 56%
Chemung $100,828 $25,318 $43,720 34% 59%
Chenango $52,544 $5,675 $15,318 27% 73%
Clinton $88,266 $55,160 $10,443 77% 15%
Columbia $159,884 $49,484 $81,913 33% 55%
Cortland $51,948 $1,230 $41,350 3% 97%
Delaware $16,977 $1,170 $13,040 8% 89%
Dutchess $1,784,367 $802,868 $238,474 76% 23%
Erie $2,181,003 $727,933 $855,811 44% 52%
Essex $46,639 $29,314 $10,792 71% 26%
Franklin $41,397 $35,133 $2,050 93% 5%
Fulton $18,545 $3,300 $7,500 31% 69%
Genesee $53,296 $1,430 $20,125 5% 67%
Greene $33,729 $12,214 $18,825 39% 60%
Hamilton $2,350 $0 $1,100 0% 100%
Herkimer $11,248 $750 $8,840 8% 92%
Jefferson $58,041 $26,620 $24,067 53% 47%
Kings $3,438,912 $2,348,115 $557,592 78% 18%
Lewis $6,207 $300 $3,750 7% 93%
Livingston $35,399 $14,100 $14,800 47% 49%
Madison $552,482 $174,930 $112,349 60% 38%
Monroe $1,337,043 $360,273 $404,245 45% 50%
Montgomery $54,773 $31,706 $4,641 87% 13%
Nassau $9,210,840 $4,908,779 $2,562,665 63% 33%
New York $95,166,048 $32,967,225 $18,250,397 62% 34%
Niagara $137,591 $22,160 $62,208 25% 69%
Oneida $248,758 $26,426 $160,517 14% 86%
Onondaga $954,560 $370,729 $338,036 52% 47%
Ontario $270,380 $105,737 $56,580 61% 33%
Orange $485,413 $158,788 $169,341 48% 51%
Orleans $5,941 $250 $700 26% 74%
Oswego $23,659 $7,715 $9,200 45% 54%
Otsego $80,360 $30,635 $27,936 50% 46%
Putnam $254,789 $161,381 $46,776 78% 22%
Queens $2,017,775 $1,319,483 $214,036 83% 13%
Rensselaer $81,218 $25,599 $16,415 58% 37%
Richmond $646,894 $245,350 $291,433 45% 54%
Rockland $686,287 $289,070 $248,210 54% 46%
Saratoga $591,700 $119,103 $289,534 28% 69%
Schenectady $172,619 $32,170 $74,433 30% 68%
Schoharie $22,100 $4,375 $9,825 30% 68%
Schuyler $17,857 $5,894 $6,860 44% 52%
Seneca $23,275 $18,075 $3,050 86% 14%
St Lawrence $70,106 $18,754 $8,039 70% 30%
Steuben $268,910 $75,518 $121,175 32% 52%
Suffolk $7,121,374 $1,765,721 $1,313,877 56% 42%
Sullivan $93,515 $35,399 $48,207 42% 57%
Tioga $31,489 $10,860 $4,550 70% 30%
Tompkins $761,230 $622,917 $39,181 92% 6%
Ulster $307,856 $207,806 $61,191 77% 23%
Warren $102,985 $25,107 $55,520 30% 67%
Washington $32,751 $11,360 $8,480 51% 38%
Wayne $45,227 $12,067 $13,150 48% 52%
Westchester $13,844,798 $6,196,725 $3,578,224 61% 35%
Wyoming $11,063 $750 $3,180 19% 81%
Yates $19,500 $5,600 $10,992 32% 62%
” These figures show county-by-county breakdowns of all contributions of $200 or more to federal candidates, parties, PACs, and outside spending organizations (including super PACs). The party breakdown shows how much went to Democratic and Republican candidates, parties and “leadership PACs.” Where party percentages don’t add up to 100 percent, the rest went to outside spending organizations, third parties or independents. The overall total also includes contributions to corporate, labor and ideological PACs that are not affiliated with either party. Totals are based on contribution data from the Federal Election Commission released electronically on August 19, 2014.

  Feel free to distribute or cite this material, but please credit the Center for Responsive Politics. For permission to reprint for commercial uses, such as textbooks, contact the Center.”

   Is it any wonder why Obama considers Manhattan his own personal piggy bank ? Remember that the last time a Republican won the electoral votes of New York was in 1984 .

NY Times

Dear Mr. Chairman,Don’t Break The Internet!

 

 

 

 

 

Save The Internet

 Click pic to go to the petition

 

 

 

” ALLOWING THE GOVERNMENT TO RUN THE INTERNET LIKE A UTILITY OPENS THE DOOR TO ABUSE. WE NEED YOUR VOICE NOW TO OPPOSE TITLE II — PROTECT AN OPEN INTERNET! “

 

 

Under Obama, Only The Richest 10 Percent Saw Incomes Rise

 

 

 

” Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve.

  The Fed data covered the years 2010-2013, during which period Mr. Obama constantly campaigned against income inequality and won re-election by painting his Republican rival as a tool of Wall Street plutocrats.

“ Data from the 2013 [Survey of Consumer Finances] confirm that the shares of income and wealth held by affluent families are at modern historically high levels,” the report said in noting that the median income fell for every 10-percent grouping except the most affluent 10 percent. 

“ The 2013 SCF reveals substantial disparities in the evolution of income and net worth since the previous time the survey was conducted, in 2010,” the report stated. The SCF is conducted by the Federal Reserve triennially and compiles information about family incomes, credit use, net worth and finances.”

 

Washington Times

 

 

 

 

 

 

 

 

 

Army Quits Tests After Competing Rifle Outperforms M4A1 Carbine

 

 

 

 

” A competing rifle outperformed the Army’s favored M4A1 carbine in key firings during a competition last year before the service abruptly called off the tests and stuck with its gun, according to a new confidential report.

  The report also says the Army changed the ammunition midstream to a round “tailored” for the M4A1 rifle. It quoted competing companies as saying the switch was unfair because they did not have enough time to fire the new ammo and redesign their rifles before the tests began.

  Exactly how the eight challengers — and the M4 — performed in a shootout to replace the M4, a soldier’s most important personal defense, has been shrouded in secrecy.

  But an “official use only report” by the Center for Naval Analyses shows that one of the eight unidentified weapons outperformed the M4 on reliability and on the number of rounds fired before the most common type of failures, or stoppages, occurred, according to data obtained by The Washington Times. “

 

Read more

 

 

 

 

 

 

 

 

 

The Kronies: Laughing All The Way To The Export-Import Bank

 

 

 

 

Published on Jun 16, 2014

” Get Konnected at http://thekronies.com/

  In this very special episode of “The Less You Know”, Johnny and Bobby learn a valuable lesson about campaign finance. 

  With a crucial re-authorization vote looming, the Representatives must decide whether or not to support the U.S. Export-Import Bank. Johnny and Bobby nearly make a terrible mistake, one that could endanger their political careers! 

  Luckily, Bankor and Ariel Stryker appear just in time to set the Reps straight…straight on the path to re-election. Including a special appearance by “the Big man” himself, this episode is sure to capture hearts, minds, and votes.”

 

 

 

 

 

 

 

 

 

 

 

 

 

Retired Officers Poised To Profit After Pentagon’s Alarmist Climate Change Report

 

AGW Pentagon

Click Picture For Video

 

 

 

” Retired military officers deeply involved in the climate change movement — and some in companies positioned to profit from it — spearheaded an alarmist global warming report this month that calls on the Defense Department to ramp up spending on what it calls a man-made problem.

  The report, which the Obama administration immediately hailed as a call to action, was issued not by a private advocacy group but by a Pentagon-financed think tank that trumpets “absolute objectivity.” The research was funded by a climate change group that is also one of the think tank’s main customers.

  The May 13 report came from the military advisory board within CNA Corp., a nonprofit based in Alexandria, Virginia, that includes the Center for Naval Analyses, a Navy-financed group that also gets contracts from other Pentagon units. CNA also operates the Institute for Public Research.

  CNA’s webpage states that it is not an advocacy group. It says it maintains “absolute objectivity. In our investigations, analyses and findings we test hypotheses, carefully guard against personal biases and preconceptions, challenge our own findings and are uninfluenced by what a client would like to hear.”

  The Center for Naval Analyses’ motto is “high quality, impartial information.”

  One of the CNA panel’s vice chairmen, retired Navy Vice Adm. Lee Gunn, is president of a private think tank, the American Security Project, whose prime issue is warning about climate change.

  The other vice chairman, retired Army Brig. Gen. Gerald E. Galloway Jr., is a prominent adviser to the Center for Climate and Security, a climate change group.

  In all, four CNA board members sit on the panel of advisers to the Center for Climate and Security, whose statements on climate change are similar to those found in the CNA report.”

 

Read the whole thing at the Washington Times

 

 

 

 

 

 

 

 

 

 

 

Housing 1% Soars As 99%ers Dive

 

 

Home Sales

Click Picture For Video

 

 

 

” As the housing recovery now moves in fits and still-weak starts, the super-pricey segment is sizzling. Sales of the most expensive 1 percent of homes in the U.S. are up 21 percent this year, according to a report from Redfin, a Seattle-based real estate brokerage. Sales in the remaining 99 percent are down 7.6 percent.

” There are haves and have nots, and the haves are the ones out buying,” Redfin CEO Glenn Kelman said.

  Ten local housing markets have seen sales growth above 50 percent this year, not surprisingly the top three in tech-heavy Northern California. Long Island, home to the hoity-toitiest Hamptons homes, has seen sales up 72 percent, and Seattle and Miami aren’t far behind.

” The stock market had a record year and now it’s begun to plateau, and so you see people moving their money out of the equity market and into the housing market,” said Kelman.”

 

 

More here

 

 

 

 

 

 

 

 

 

 

Obama Makes It Clear That Amnesty Will Help Democrats

 

 

 

” After releasing tens of thousands of criminal aliens, President Obama urgently asks law enforcement officials to lean on Republicans to pass amnesty. Will the GOP deport itself out of victory this year?

  Congressman Lamar Smith called it “the worst prison break in American history, except it was sanctioned by the president and perpetrated by our own immigration officials.”

  According to a document obtained from the Center for Immigration Studies, Immigration and Customs Enforcement released 36,007 convicted aliens last year who were being detained pending deportation. The tally includes 193 convictions for homicide, 426 for sexual assault, 303 for kidnapping, 1,075 for aggravated assault and 16,070 for drunk or drugged driving.

  Rep. Smith, a Texas Republican, reacted by calling for a hold on consideration of immigration reform.

  Why would a president let loose so many alien criminals? It might be the incompetence we’ve come to expect from this administration. But don’t forget Obama knows a lot of these criminals will vote for his party.

  Addressing law enforcement representatives on Tuesday, he emphasized there was only “a window of two to three months to get the ball rolling in the House of Representatives” on the amnesty-for-illegals-based immigration overhaul Democrats want so badly. “And your voices are going to be absolutely critical to that effort.”

 

 

The final paragraph says it all …

 

 

” Now that even Obama has stressed to supporters what a priority it is for him, will Republicans — as ever, the Stupid Party — catch on that amnesty is their electoral death warrant? You’re better off betting on a criminal alien being deported.”

 

 

 

… but read the whole piece at IBD and get mad enough to contact your representative and tell them to resist the huge push to commit party suicide .

 

 

 

 

 

 

 

 

One Chart That Shows Just How Screwed Up Our Tax System Really Is

 

 

 

 

” The 2014 tax season is finally over and whether or not you owe the IRS, the following news will not make you pleased:

” Twenty-five profitable Fortune 500 companies spent more on lobbying than they paid in federal taxes between 2008 and 2012,” according to a Public Campaign analysis of data from Citizens for Tax Justice and the Center for Responsive Politics.

  This is yet another way our tax structure penalizes individuals and small businesses while supporting mega corporations. We must make tax reform a major issue in the 2014 and 2016 elections to even this out.

  The analysis showed that over five years, these 25 corporations spent way more money influencing government than supporting it. They generated nearly $170 billion in profits and received $8.7 billion in tax rebates, all while paying their lobbyists $543 million, an average of nearly $300,000 a day, to advance their interests in Congress.”

 

    The astute reader will note that all of these corporations had a negative tax obligation . What’s wrong with this picture ? Cronyism anyone ?

 

 

Policy Mic

 

 

 

 

 

 

 

 

 

 

 

Report: Pentagon Paid $150 Per Gallon For Green Jet Fuel

 

 

Corn v Ethanol

 

 

 

” The Department of Defense (DOD) paid $150 per gallon for alternative jet fuel made from algae, more than 64 times the current market price for standard carbon-based fuels, according to a report released on Wednesday.

  The Government Accountability Office (GAO) noted in its report that a Pentagon official reported paying “about $150 per gallon for 1,500 gallons of alternative jet fuel derived from algal oil.”

  GAO’s report examined the financial challenges facing increased purchases and use of alternative jet fuels by federal agencies. “Currently, the price for alternative jet fuels exceeds that of conventional jet fuel,” the report noted.

  The price for conventional jet fuel is currently $2.88 per gallon. GAO’s report reveals that federal agencies have paid significantly higher prices in an effort to promote biofuels in commercial and military aviation.”

 

 

    To who’s benefit might it be for the Feds to “promote” biofuels use ? Any guesses on who might own/have stock in these companies ?

   For those interested in further reading on the big players in the biofuels industry this article may be of interest , as might the GAO report itself (PDF here) which will avail one of the huge effort being undertaken to send billions of tax dollars into the hands pockets of private investors by way of mandated biofuels purchases from many Federal agencies … all under the guidance of that most upright of government entities , the EPA .

     Below we present the viewer with the introduction to the aforementioned GAO report that makes plain just how large is the concerted effort now underway to require federal agencies to purchase ever-increasing percentages of their fleet fuels at prices way beyond market value from select manufacturers …

 

 

 

” The federal government supports the development and use of alternative jet fuels through both broad and targeted initiatives. Broad national strategies promote the development of a variety of alternative fuels—including alternative jet fuel—to help achieve national goals, such as securing energy independence, fostering economic development, and reducing greenhouse gas emissions. In addition, the renewable fuel program—established by law in 2005 to encourage greater use of renewable fuels and administered by the Environmental Protection Agency (EPA)—requires that U.S. transportation fuels contain certain amounts of renewable fuels annually, increasing from 9-billion gallons in 2008 to 36-billion gallons in 2022. The other four federal agencies that GAO reviewed—Department of Transportation‘s (DOT) Federal Aviation Administration (FAA), Department of Agriculture (USDA), Department of Energy (DOE), and Department of Defense (DOD)—directly support alternative jet fuels through targeted goals, initiatives, and interagency and industry coordination efforts. For example, FAA set a goal for the U.S. aviation industry to use 1-billion gallons of alternative jet fuels annually by 2018. The four agencies also sponsor research that specifically targets alternative jet-fuel development or provide direct support for its future commercial production, or both. For example, FAA and DOD support research to determine the technical feasibility of using new alternative jet fuels on aircraft and in existing infrastructure. Also, USDA, DOE, and DOD have coordinated their activities to support the future construction or retrofit of multiple domestic commercial- or pre-commercial-scale production facilities to produce alternative fuels, including alternative jet fuels. Specifically, in May and June 2013, four private fuel producers received awards totaling $20.5 million in federal funds, with private industry paying at least 50 percent of the cost.
  Achieving price competitiveness for alternative jet fuels is the overarching challenge to developing a viable market. No alternative jet fuels are currently commercially available at prices competitive with conventional jet fuels. The 23 stakeholders that GAO interviewed most frequently cited high development costs and the uncertainty of federal regulations and policies as primary reasons why alternative jet fuels are not priced competitively and believe that federal activities are needed to help advance the alternative jet-fuels industry. For example, according to 10 stakeholders, fuel producers face difficulties in obtaining private investment to help construct commercial-scale fuel production facilities, in part because of concerns about the supply and high cost of feedstock (the source used to produce the fuel, such as crops) and high capital costs.

  Also, 13 stakeholders stated that continued uncertainty about the future of current federal policies—particularly the renewable fuel program—generally causes potential investors to discount the value of federal subsidies, discounting that, in turn, limits the support these policies may provide the industry. Stakeholders identified a variety of federal actions to advance alternative jet-fuels development, including continuing current federal research efforts, providing greater regulatory and policy certainty, and giving more direct financial support. However, even if the cost to produce alternative jet fuels is reduced, market factors may still determine the long-term success of the industry. The main market factors identified by stakeholders were (1) comparative value of competing end products, (2) feedstock prices, and (3) the costs of conventional jet fuels.”

 

 

 

     It’s also worth remembering that every gallon of biofuel produced increases the cost of our food from the grocery store . Read more

 

 

 

 

 

 

 

 

 

Gee, I Wonder Why Unemployment Is So High

 

 

Cosby GIF

 

 

   The list at the link is just a small collection of ridiculously regulated trades that various state governments have instituted in the name of “protecting” the public , but which are really the result of lobbying efforts by private industry to protect/restrict their businesses , one example of which we highlight below . This is the power of government , picking winners and losers . Crony capitalism at work .

 

 

 

8. Makeup Artists

 

” Teaching someone how to put on makeup without a government permission slip is illegal in 36 states. Even worse, many of these states demand makeup artists get a cosmetologist or esthetician license, which covers many skills they don’t even use. For example, in Nevada, these entrepreneurs are forced to spend “700 hours in a classroom to learn about subjects that have nothing to do with makeup artistry, like how to cut hair, wax eyebrows and manicure nails.” The state’s restrictions are so strict they triggered a lawsuit.”

 

Read more about this protectionism in the guise of “public safety” at BuzzFeed

 

 

 

 

 

 

 

 

 

 

6 Environmental Truths The Left Conveniently Ignores

 

 

earthday-1

 

 

 

” According to a March Gallup poll, 50 percent of respondents thought the quality of the environment in the U.S., as a whole, is getting worse. But the reality is very different. Heritage hosted an Earth Day panel event in April addressing some of the overlooked truths about the state of the nation’s environment:

  Studies show that wealthy countries are environmentally healthier countries. Able to worry less about meeting basic needs, wealthier societies can afford to direct their attention to environmental improvement.”

 

Here is on example of the data presented …

 

” Over the past 30 years (data gathered from 1980 through 2012) concentrations of each of the six common air pollutants have drastically decreased:

Ozone: decreased by 25 percent
Particulate Matter: 33 percent (data starting in 2000)
Nitrogen Dioxide: 60 percent
Sulfur Dioxide: 78 percent
Carbon Monoxide: 83 percent
Lead: 91 percent”

 

 

 

Read more at Heritage.org

 

 

 

 

 

 

 

 

Daily Video 5.4.14

Secret Democrat Meetings For Party Donors

 

 

 

Published on May 3, 2014

” Sen. Harry Reid has been waging a war against the Koch brothers, other Progressive Democrats have been up to something as well. This past week Democrat big wigs like Debbie Wasserman Schultz & Valerie Jarrett gathered with major Progressive political donors like George Soros’ son, Jonathan and Tom Steyer in Chicago for secret meetings to decide where they should take the party in 2014 and 2016.”
TheBlaze http://www.theblaze.com/

The Real Story Behind The Bundy Ranch Harassment

 

 

 

 

 

 

 

 

” A tortoise isn’t the reason why BLM is harassing a 67 year-old rancher. They want his land. The tortoise wasn’t of concern when Harry Reid worked BLM to literally change the boundaries of the tortoise’s habitat to accommodate the development of his top donor, Harvey Whittemore. Whittemore was convicted of illegal campaign contributions to Senator Reid. Reid’s former senior adviser is now the head of BLM. Reid is accused of using the new BLM chief as a puppet to control Nevada land (already over 84% of which is owned by the federal government) and pay back special interests. BLM has proven that they’ve a situational concern for the desert tortoise as they’ve had no problem waiving their rules concerning wind or solar power development. Clearly these developments have vastly affected a tortoise habitat more than a century-old, quasi-homesteading grazing area. If only Clive Bundy were a big Reid donor.

 

 

 

   Read Dana’s entire piece and consider that whenever something dirty is happening in Nevada up pops Dingy Harry Reid’s name .

 

 

 

 

 

 

 

Agribusiness Political Donations And Farm Bill Votes

 

 

mitchell-agribizz-small

 

 

 

” When governments dispense privileges such as insurance subsidies, price supports, or protection from foreign competition, they create incentives for firms to invest large sums of money in obtaining and maintaining these privileges, as the farm bill demonstrates.

  The fact that members who ultimately voted for the bill received so much more than those who opposed it may indicate that interest groups prefer to donate to members who are likely to support their issue. This is known as the “political man” theory of interest group behavior. On the other hand, the pattern of giving may indicate that political donations actually affect the final votes that members cast. This is known as the “economic man” theory of interest group behavior. Economists and political scientists have studied these questions extensively, and the balance of evidence suggests that there is some truth to both theories: interest groups do tend to give to candidates that already agree with them, but they also give to candidates in order to sway their votes.

  The final farm bill is expected to cost taxpayers $956 billion over ten years, but the economic costs will be much larger. These costs include not just the explicit taxpayer subsidy and the money wasted in seeking these privileges but also the higher prices that consumers will pay for some food and the resulting misallocation of capital.”

26 Top American Corporations Paid No Federal Income Tax From ’08 To ’12

 

TAX FREE CORPORATIONS 08-12

 

 

” Twenty-six of the most powerful American corporations – such as Boeing, General Electric, and Verizon – paid no federal income tax from 2008 to 2012, according to a new report detailing how Fortune 500 companies exploit tax breaks and loopholes.

  The report, conducted by public advocacy group Citizens for Tax Justice (CTJ), focuses on the 288 companies in the Fortune 500 that registered consistent profit every year from 2008 to 2012. Those 288 profitable corporations paid an “effective federal income tax rate of just 19.4 percent over the five-year period — far less than the statutory 35 percent tax rate,” CTJ states.

  One-third, or 93, of the analyzed companies paid an effective tax rate below 10 percent in that timespan, CTJ found.

  Defenders of low corporate taxes call the US federal statutory rate of 35 percent one of the highest companies face in any nation. But the report signals how the most formidable corporate entities in the US take advantage of tax breaks, loopholes, and accounting schemes to keep their effective rates down.

“Tax subsidies for the 288 companies over the five years totaled a staggering $364 billion,including $56 billion in 2008, $70 billion in 2009, $80 billion in 2010, $87 billion in 2011, and $70 billion in 2012,” CTJ states. “These amounts are the difference between what the companies would have paid if their tax bills equaled 35 percent of their profits and what they actually paid.”

   Read it all . You’ll be totally disgusted but you still need to know just how alive and well corporate cronyism is in this new age of Obama .

 

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