It's pretty obvious at this point that this POTUS's priorities include making sure his friends get bigger slices of pie than anyone else and making sure the taxpayers get nothing (NO piece of pie) if his friends turn out to be not only greedy but incompetent.
This is the Chicago way; this is the Obama way. This is the principle of governing, apparently, that has become the Way of the Weasels in this White House.
Take, for example, the Solyndra mess. The White House was warned that the company was not solvent and could not possibly make any money, but still loaned hundreds of millions of taxpayer dollars to it. NRO:
Homing in on one of the several shocking aspects of the Solyndra scandal, lawmakers noted that, a few months before the “clean energy” enterprise went belly-up last week, the Obama Energy Department signed off on a sweetheart deal. In the event of bankruptcy — the destination to which it was screamingly obvious Solyndra was headed despite the president’s injection of $535 million in federal loans — the cozily connected private investors would be given priority over American taxpayers. In other words, when the busted company’s assets were sold off, Obama pals would recoup some of their losses, while you would be left holding the half-billion-dollar bag.
As Andrew Stiles reported here at NRO, Republicans on the Oversight and Investigations subcommittee say this arrangement ran afoul of the Energy Policy Act of 2005.And who gets paid back first? Why, the Obama friends! Not the taxpayers.
To this date, we do not know (why should we be allowed, after all? This is the Obama way.) if the second loan Solyndra applied for was given by the taxpayers. Why can't we know this? Why isn't this public information? Why the secrecy, White House?
Over the weekend we learn that GM union workers are all getting an outrageous $5000 "signing" bonus with their new contract, which wouldn't be a problem if 1) cars didn't cost so much already 2) they weren't pushing expensive inefficient crap like the Chevy Volt on the public 3) they didn't still OWE THE PUBLIC billions of dollars. Mickey Kaus:
How about paying back the $15 billion first? I’m sure there are sophisticated arguments for why the UAW members shouldn’t pay back the taxpayers who bailed their employer out of bankruptcy before they negotiate a deal that gives them each a $5,000 bonus. I just can’t think of them right now. … Just from a PR standpoint, repaying the debt would seem like a good idea. …So let's get this straight, GM. You still owe the taxpayers billions of dollars but you're giving every employee an extra $5000? And your union boss calls US, the taxpayers and car buyers, SOBs for wanting to reign you in?
Of course, GM workers are not allowed to strike on this new deal as per their government takeover agreement, and that is the only leverage, Kaus points out, that the unions hold over the company, which doesn't seem to be a problem. Obviously these two are in bed.
Then let's take health care. Unions pushed the Obamacare debacle like it was a really good thing. Mmm. Then they all applied for and received exemptions from having to be part of that program themselves. There's some panic as they realize that the structure of Obamacare will eventually force everyone into the same mess.
So now we get the whole class warfare argument about taxes. POTUS is going to make everything better by taxing the hell out of the only people in this country making money. Something like 1/3 of 1% of the population falls into the category POTUS wants to tax. Yeah, that'll dig us out of this mess.
And the unions continue getting away with snookering the taxpayers.
The White House favors its friends and screw the working man. Yeah, that's right. If you're not in a union, you're a WORKING MAN or WOMAN.
So, hey, Day of Rage protesters? You'll get right on this, right?
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