Showing posts with label volt. Show all posts
Showing posts with label volt. Show all posts

Thursday, September 24, 2015

Retro 4 - George Orwell, Doublethink and Today's Politicians

Given family engagements in town this week, we will be rerunning some of our most popular posts, posts that have garnered the most attention and which showed that we are currently enduring the worst set of politicians America has ever had.


MONDAY, NOVEMBER 8, 2010


George Orwell, Doublethink and Today's Politicians

I am a big fan of George Orwell's classic Novel, "1984." I think he was a great writer and a better prognosticator since many of the predictions he made on "1984" of how democracies would die are actually unfolding today, throughout the world and throughout America. One of the concepts he talks about is "doublethink" which he defines as the ability "to hold simultaneously two opinions which cancelled out, knowing them to be contradictory and believing in both of them." If a leader can establish doublethink in the minds of his followers, then the credibility of that leader will never be questioned since whatever he says is right, doublethink suppresses free thought and free will.

I was thinking of how proud Orwell would be of our current day political class. Many examples abound of how our politicians and the government they run can implement two contradictory programs and never once stop to consider the incongruity and disconnect between the two programs. Consider:

- One of the leading drivers of escalating health care costs in this country is the poor eating habits and exercise habits of many Americans, leaving them overweight and susceptible to many diseases. In fact, one of the main activities of Michele Obama since coming to Washington has been to work hard to reduce the obesity problem plaguing many, many kids in this country. One of the efforts that both Ms. Obama is pushing, along with other parts of the government, including the Agriculture Department, is to reduce the amount of saturated fat that Americans eat, encouraging us to move towards low fat milk and other low fat dairy products.

This all sounds good. However, consider an organization called Dairy Management, as described in a November 8, 2010 New York Times article. Dairy Management is financed by a government mandated fee on the dairy industry and receives millions of dollars a year directly from the budget of the Agricultural Department. The Agriculture Department sits on Dairy Management's board, approves its marketing campaigns, and interfaces with Congress on its work. But Dairy Management recently worked with Domino's Pizza to develop a new line of pizza offerings. These new pies had 40% more cheese and Dairy Management helped develop and pay for the associated $12 million marketing campaign.

But wait. Each slice of these new pizzas contains as much as two thirds of a person's daily recommended amount of saturated fat, which has been linked to heart disease and other diseases. Thus, our government is telling people to eat better and reduce the amount of unsaturated fat in their diets while they are funding support for private companies to put more saturated fat back into Americans' diets. The particularly ironic part of this Domino's example is that I would assume that kids are high pizza eaters, the same type of Americans that Michele Obama is trying to get healthy. Doublethink in the Agriculture Department - eat healthier but don't eat healthier.

- There has been a lot of hype lately regarding all electric cars, some of which will be available shortly for consumer use, e.g. General Motors' Volt. The hope behind electric cars is that they will not spew out pollutants like the gasoline internal combustion engine, improving the environment, and will help wean us from dependency on foreign energy sources. Our political class is so excited about the future of electric cares that, according to an electric car article that was in the October 9, 2010 issue of The Economist magazine, you can get up to a $7,500 subsidy rebate from the U.S. government if you purchase one.

Sounds like a great deal. Get taxpayer money to buy a new car while helping the environment. But, are these vehicles really helping the environment? While the car itself is less polluting, the energy creation needed to generate the electricity to power these cars will increase. In the United States, we get a lot of our electrical power from coal electric plants, which are not the cleanest producers of electricity from an environmental perspective. Thus, we need to find a way to reduce the amount of coal created electricity if the potential of electric cars is to be fulfilled.

But, according to a Washington Post article from May 14, 2007, the government's National Rural Electric Cooperative Association, another Agriculture Department effort, plans to spend $35 billion over the next decade to help build conventional coal electricity plants. More doublethink in the Agriculture Department - the government hands out taxpayer funds for the purchase of electric cars to clean up the environment but uses other taxpayer money to dirty up the environment with coal electricity plants to power the cleaner electric cars.

- Over the past sixty years, the United States has probably spent hundreds of billions of dollars supporting the security and prosperity of South Korea. We fought on South Korea's side, defending them from North Korean and Chinese troops in the Korean war, we provided aid for the recovery, and have stationed tens of thousands of troops in the country since the end of that war. As a result, the South Korean economy has grown into one of the strongest in the world. Besides providing a security cover for their economy to blossom, we are also an important trading partner and market for their companies.

Recently, our State Department has been working to generate support for economic sanctions against the Iranian government in retaliation for the Iranians supposedly developing a nuclear weapon technology. The State Department strategy is to make life so uncomfortable for the Iranian people and government that they will become less likely to develop a nuclear bomb capability.

So what do the South Korean do relative to Iran? According to an article in the October 9, 2010 issue of The Economist magazine, South Korea still wants to protect its annual $10 billion trade volumes with Iran so it recently signed a deal with Iran so that Korean and Iranian business partners could settle trade accounts via a special facility established in two Korean banks and in Korean currencies. State Department doublethink: South Korea is our ally even though they go out of their way to bypass the very sanctions the State Department wants to impose on Iran.

- For years now, the Federal government has subsidized American corn farmers, recently to the tune of $7 billion a year, enticing them to grow more corn, which is eventually turned into ethanol. The ethanol is then added to our national gasoline supply to theoretically extend our gasoline supplies, reduce our dependency on foreign oil and clean up the environment by burning more ethanol and less gasoline.

But the inconvenient truth is that none of the benefits never really materialized and additional problems were created. Since ethanol contains significantly less energy potential than gasoline, more gasoline has to be burned to make up for the energy loss when burning ethanol. According to Robert Bryce of the National Review Online, studies have shown that ethanol use as a motor vehicle fuel increases nitrogen oxides and other key pollutants by 7% over gasoline and also corrodes the fuel lines of older cars and other engines.

According to Cornell Professor David Pimentel, as covered in the energy policy section of "Love My Country, Loathe My Government," corn ethanol is a terrible fuel. It diverts corn crops from the food chain to the energy chain, increasing food costs, it takes a terrible toll on the soil environment, and it is a net user of energy, i.e. it uses more energy to produce than it creates.

Sounds horrible: bad fuel economy, air pollution, soil pollution, bad economics, etc. So what is the political class about to do? According to Mr. Bryce, President Obama recently announced that his administration was going to allow the blend of gasoline to ethanol, currently 90/10, to rise to 85/15. He did this as a favor to the corn industry which has more ethanol distillery capacity than it needs. Energy Department doublethink: using ethanol in a 90/10 mixture is a bad thing to do but moving to an 85/25 mixture is a good thing.

- According to a November 8, 2010 Associated Press report, our war effort in Afghanistan faces a dire shortage of 900 trainers and not enough Afghan officers in the race to build up a viable native Afghan fighting force, which would allow NATO and the United States to get its troops out of the country as soon as possible. According to the recent report, the head of the training operation in the country said that if these trainers are not brought on board soon, the July, 2011 pulldown date of American forces is not going to happen.

Training challenges include a high illiteracy rate among Army and police forces (over 90%), high corruption among the officer ranks, and high levels of attrition (which I think is the code word for desertion.) Nine years after we entered Afghanistan, these elementary problems have not been addressed.

Since this situation is critical to successfully ending our occupation and expense of Afghanistan, one would have hoped that every effort and resource would be used to fill this training need. However, a November 4, 2010 article in the St. Petersburg Times reported that the U.S. government will spend over a half a billion taxpayer dollars to expand its embassy in the Afghanistan capital of Kabul. How many trainers do you think $511 million could buy? How many Afghanistan police officers and soldiers could be made semi-literate, enough so that they became good soldiers?

Thus, we have some Obama administration doublethink going on: we want to get out of Afghanistan as quickly as possible, our number one priority, we need a 50% increase in military trainers, 900 additional trainers, to make that happen, but we will lavishly spend resources to expand a single building complex in the capital. This is a major disconnect in logic: if we cannot produce a viable native fighting force via training, who cares how big or how nice the U.S. embassy is? It will eventually be occupied by the Taliban. Fix the root cause of the problem, the Afghan military, don't try to convince yourselves that both the military readiness and a single building are equally important. A non-doublethink approach would devote some of that $511 million to the training issue since that would recognize the vastly different priorities and importance at play here.

I am sure that you can find government and political class doublethink examples all around you. Sometimes doublethink happens because we have allowed the a Federal government to get so large that one part of it does not know what the other parts of the government are doing. One part wants to reduce pollution by promoting electric cars while another part subsidizes coal burning electric plants that dirty up the air. One part of the government wants Americans kids and adults to get healthy by eating low fat foods while another part, in this case within the same Cabinet Department (Agriculture), helps Domino's Pizza get more fatty, cheesy pizza into Americans' diets.

Sometimes doublethink happens because no one in the political class prioritizes needs and importance, e.g. the wasting of millions of dollars dressing up an embassy when military trainers, vital to our military success, go wanting. Other times politicians do doublethink to please their election campaign donors, e.g. corn farmers who get favorable treatment from the political class, even though those in the political class know that the favorable treatment is not good economically or environmentally.

Whatever the reasons underlying the doublethink situation, you can bet that the American taxpayer is footing an unnecessary bill. That is why Step 1 of "Love My Country, Loathe My Government" is so important. The Step itself calls for an annual 10% reduction in the federal government budget for five years. One way to accomplish this reduction, according Step 1, is to do a bottoms up, zero based budget review. Every government program, law, department, expenditure, etc. would be on the table, stripped down to it's core function and mission in order to look for redundancies and doublethink situations, like the Dairy Management situation described above.

Only then can we rationalize what we are paying for, why we are paying for it, should we be paying for it, and not paying for it if not worthwhile. Hopefully, once our politicians had far less government to think about and to track, they could focus much more closely on a smaller set of priorities, identifying wasteful doublethink quicker and more efficiently. Think about that wonderful goal: a quicker and more efficient government run operation. A government that has retired Orwell's concept of doublethink from our world.

Monday, March 26, 2012

DOPES: Democrats Offering Preposterous, Empty Statements, In Their Own Words

Our friend Nancy Pelosi was at it again this past week, with public comments that make you shake your head at their stupidity. This week Ms. Pelosi tried to convince the world that Obama Care was consistent with our  Founding Fathers' dream of creating a nation where "the life, liberty, and the pursuit of happiness" was a central tenet of our democracy (details and her actual statements can be found at http://www.theblaze.com/stories/pelosi-defends-obamacare-using-declaration-of-independence/).

Disregarding the massive and evolving economic fallacies and failures of Obama Care, this position seems to also fail on every dimension of our Founding Fathers' intentions:
  • Life - Obama Care will set up an independent, unaccountable panel of currently unnamed bureaucrats that will determine what treatments Medicare will and will not fund for senior citizens. The potential for these 15 people to focus only on costs and not life could very easily result in the so-called "death panel" mentality that many of us worried about in the past. Thus, surrendering your ability to choose what treatments you want and may need later in life, just to hit an overall Medicare cost target, is potentially dangerous to your life.
  • Liberty - forcing any American to purchase a product or service, like Obama Care does in its requirement that every American purchase health care insurance, is not consistent with the Founding Fathers' concept of liberty. Forcing any American or American organization to forego their religious freedom and freedom of speech, like Obama Care does to Catholic religious organizations with regard to birth control, is not consistent with our Declaration of Independence and Constitution. Whenever the words government and force are used in the same sentence, freedom usually suffers.
  • Pursuit Of Happiness - Obama Care is written so poorly that it could have serious financial implications on Americans' decisions when it comes to marriage, retirement, health care availability, and other life changing situations. The "pursuit of happiness" in this country should not be driven by a massive government bureaucracy's rules and regulations.
But such preposterous, empty statements should not be unexpected from Ms. Pelosi. Recall during the Obama Care debate how she boldly explained how "we need to pass the bill [Obama Care] so you find out what is in it." (http://www.youtube.com/watch?v=KoE1R-xH5To). This is the Speaker of The House, one of the most powerful and influential people in the country, telling the American public that the legislation has to be enacted BEFORE we know what is in it.

This statement left me with the impression that not only should the bill be passed so that Americans could see what is in it but it needed to be passed so that those in Congress could actually see what was in a 2,500 page piece of legislative monstrosity. Very scary stuff that our elected representatives need to pass legislation before they can explain it to their constituents.

But scary statements from our political class are not confined to Ms. Pelosi. Numerous times over the past few years, Democratic politicians have gone on record with some of the most preposterous, empty, inane, and just plain stupid statements and positions imaginable. It makes you wonder how did out political processes get so broken that we ended up with the current set of Washington politicians and their less than stellar views and abilities.

Staying with Obama Care, consider the words of Congressman John Conyers explaining why he did not bother reading the legislation before he voted on it:

http://www.youtube.com/watch?v=ACbwND52rrw

His arrogance, and ignorance, is quite unbelievable. What else do members of Congress do in Washington except to research, write, READ, and vote on legislation? One would have hoped that READING any legislation BEFORE voting on that legislation would be a basic requirement of the job. Given how poorly Obama Care is turning out, this condescending attitude of Conyers and probably many other members of congress is not surprising, as is the many failures of the Obama Care legislation that they did not read.

If you think it is unbelievable that a long term Congressman finds it below himself to read a major piece of legislation that will impact most Americans, consider the lack of understanding that Congressman Hank Johnson has on geology. The following video is real, it was not a joke or a mock up fake.

The Congressman, speaking at a Congressional hearing concerning the U.S. Navy's presence on the island of Guam, actually worries that the island of Guam could tip over if too many more Navy resources are stationed on it. Yes, that is a correct statement, you cannot make this stuff up, as the Congressman explains his concern of the island tipping over in the middle of the Pacific Ocean:

http://www.bing.com/videos/search?q=congressman+htnks+guam+could+tip+over&view=detail&mid=C7FF551F39BE3D728B81C7FF551F39BE3D728B81&first=0&qpvt=congressman+htnks+guam+could+tip+over


 If you look at the expression on the admiral's face, you can see that he is trying to figure out if the Congressman's concerns are real or this is a Candid Camera-like stunt. The sad part of this affair, is that it is my understanding that this Congressman actually got reelected even though he obviously is very out of touch with reality and the basic tenets of geology. Again, you cannot make this stuff up when it comes to dopey political class statements.

Sometimes the timing of politicians' statements make them look dopey. Case in point: in late February, 2012 President Obama gave a speech where he talked glowingly about sitting in a Chevy Volt, GM's highly touted electric car:

http://www.youtube.com/watch?v=jOoUwJV8WY8

Seems he really likes the car, if only to help justify wasting tens of billions of dollars of taxpayer money to bail out GM.

The bad part for the President is that within days after he made these complimentary comments about the Volt, GM decided to shut down production of the car, likely due to fire problems and the fact that most other people in America had decided against buying the car, it is a dud. Sort of makes the President look out of touch with reality. One would have thought his press and PR people would have been sure that the Volt was going to continue to be made BEFORE the President went on about how great the car is three days or so before production was halted.

This would have been the equivalent of President Eisenhower extolling the virtues of Ford's Edsel just days before Ford cancelled its production. The word "Edsel" has gone on to become synonymous with failure, a potential fate of the Volt and what turned out to be a dopey Presidential statement.

Moving on, let's talk about the failed attempt to pass a massive cap and trade energy bill a few years ago that would have been a disaster for the American economy and consumer without solving either the global warming or energy problems. The chairman of the committee writing the bill at the time was Congressman Henry Waxman. Waxman was one of the main sponsors and primary writers of the legislation.

However, much like John Conyers admitting that he had not read the Obama Care legislation, in the following clip we find out that Waxman had not read his OWN piece of legislation when he seems stunned that something was in the proposed law that he did not know about, requiring him to turn to his legal advisor for clarification:

http://www.youtube.com/watch?v=X3zIoiJc3Xc

Again, one would think that a veteran Congressman like Waxman would know what is actually in a piece of legislation he supposedly wrote. Unbelievable, what do these people do with their time and our money while in office if they do not write or read their proposed new laws?

Let's talk about my home state of new Jersey. There had been Federal plans to built a new rail tunnel between New Jersey and Manhattan to help make it easier for commuters and visitors to get into New York City from New Jersey and would theoretically produce a lot of construction and permanent jobs for the state.


However, despite getting a lot of Federal funding for the project, New Jersey Governor Chris Christie killed the project, citing escalating construction costs that would have been the responsibility of the state's taxpayers. According to an Associated Press article at the time, the project's cost started at $5 billion in 2005 and grew to $8.7 billion by 2008.


By 2010, Federal Transit Administrator Peter Rogoff has made public statements that put the price tag between $9 billion and $10 billion. Christie said his advisers put the costs at $11 billion to $14 billion. Thus, within five years, the projected cost had grown between two and three times what the original cost estimate had been, BEFORE substantial work had even begun. This process is reminiscent of Boston's "Big Dig" transportation project where the initial cost had been a mere $2 billion or so but the final cost had been well over $20 billion.

U.S. Sen. Frank Lautenberg, D-N.J. viewed Christie’s cancellation of the project as “one of the biggest policy blunders in New Jersey’s history.”  Lautenberg had helped secure federal funding for the project. However, according to the AP report, his dopey statement followed when "Lautenberg acknowledged that cost overruns on a project of the tunnel’s size were inevitable, but said Christie’s numbers are inflated."


Think about how stupid that view is: cost overruns are inevitable. Why, then, should a taxpayer trust any politicians' estimate of a major program when the chance of taxpayers paying more for what they sign up for is "inevitable?" Even if you believe this, why would a politician openly state that we cannot believe what they tell us a project or program will intially cost?


When it comes to joe Biden we could probably devote several days of posts to his dopey statements. My favorite is when he talks about leadership and how FDR was a leader when he went on television to explain why the stock market crashed in 1929:


http://www.youtube.com/watch?v=0Jf17Yo7hBM


Two problems here from this leader. First, FDR was not President of the United States when the stock market crashed in 1929. Second, television did not exist in 1929, no one in the country owned a TV, they all owned radios. Makes you feel kind of uneasy that the second in line to lead this country is so ignorant when it comes to our country's history.

Again, we could go on and on about dopey statements form the Vice president. Many of these include dropping the f-bomb in public, certainly not a very mature or leadership-like trait to have. If you access the above YouTube link to see his FDR/television comment, you should be able to access other inane comments from the Vice President.

However, the queen of all dopey statements from the political class has to be Nancy Pelosi. Consider:

1) According to Ms. Pelosi's understanding of basic economic theory, the more people that are unemployed in this country and the more people that collect unemployment benefits, the more jobs will be created. Thus, in her world, if everyone was unemployed, more and more jobs would be created. But everyone would be unemployed so who would fill the newly created jobs? Dopey economic reasoning certainly not of this world.


http://www.youtube.com/watch?v=xdAj8zui6ss&feature=related

2) The former Speaker also believes that food stamps are a better economic stimulus than tax cuts. Thus, why not give everyone food stamps, not just the unemployed, doesn't it seem to reason that the economy would be so much better off?

http://www.youtube.com/watch?v=omxQuDtF1ZM&feature=related


3) Ms. Pelosi was so funny when she said that she would not allow any extraneous or nonessential programs to be loaded onto the economic stimulus legislation. Either she was not able to attain that objective or she considers funding research of insects on an island off the coast of Africa as essential for job creation, she considers replacing windows in a closed and extinct visitor's center at Mt. Saint Helen's essential for job creation, she considers the replacing of windows in a Wyoming Catholic church as essential for job creation (I never knew window replacement could be such a great economic stimulus), and she considers replacing a heating system in an Indiana Methodist church as essential for job creation, etc. You get the message. It was a ludicrous statement to make, given the hundreds of billions of dollars of waste that unfolded from the stimulus program:


http://www.youtube.com/watch?v=JwMHH2ONtbw&feature=related


4) In Ms. Pelosi's world, the counting system is entirely different, if you believe her numbers. In the following YouTube clip, the frantic Speaker boldly states that every week, 500 million more Americans lose their jobs. In our world, there are only about 310 million total Americans in the country, including kids and infants, making it impossible for 500 million Americans to lose their jobs in one week, never mind many weeks. However, in her world, the counting process must be different in order to count 500 million job losses a week.


http://www.youtube.com/watch?v=-UR5M5teyQ0


If people like these Democrats did not have such wide control over our lives, our freedoms and our wealth, they would be prime material for a Comedy Central sitcom show. Unfortunately, they have way too much control. Maybe that is why the country is in such sad shape.


When our so-called leaders from the Democratic Party do not know how to count, they do not know basic facts about our nation's history, the f-bomb is a normal part of their everyday vocabulary, they do not read the laws the enact, they endorse products that the rest of the country knows are modern day Edsels, they have bizarre and inaccurate understandings of basic economics and basic geology, and most importantly, do not even realize how dopey their statements are, it should not surprise us that the economy is in shatters, the country is divided, and major problems go unresolved for decades.


In light of these statements from Democrats in Washington, the case for Step 39 from "Love My Country, Loathe My Government" has never stronger.  Step 39 would impose strict term limits on any politician running for national office. Allowing these long term politicians to stay in office (Biden, Pelosi, Conyers, Waxman, etc.) results in not only these dopey statements but their dopey non-solutions to our problems. How much dopier could it be if we required term limits on all Washington politicians? (please visit the following site to actually sign a petition in favor of term limits for all Federal politicians: http://www.unitedstatesofpurple.com/united_states_of_purple_015.htm)


Note: I would be happy to do a ROPES post in the future where it covered Republicans Offering Preposterous, Empty Statements if enough episodes of Republican dopiness are identified. However, dopey statements from people such as Sarah Palin, George W. Bush, and Dick Cheney would not be included since these people have no impact on our lives anymore, unlike Pelosi, Obama, Conyers, Johnson, Waxman, and Biden.

We invite all readers of this blog to visit our new website, "The United States Of Purple," at:

http://www.unitedstatesofpurple.com/

The United States of Purple is a new grass roots approach to filling the office of President of The United States by focusing on the restoration of freedom in the United States, focusing on problem solving skills and results vs. personal political enrichment, and imposing term limits on all future Federal politicians. No more red states, no more blue states, just one United States Of America under the banner of Purple.

The United States Of Purple's website also provides you the formal opportunity to sign a petition to begin the process of implementing a Constitutional amendment to impose fixed term limits on all Federally elected politicians. Only by turning out the existing political class can we have a chance of addressing and finally resolving the major issues of or times.

Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at www.loathemygovernment.com. It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.
Please visit the following sites for freedom:

http://www.cato.org/
http://www.robertringer.com/
http://realpolichick.blogspot.com/
http://www.flipcongress2010.com/
http://www.reason.com/
http://www.repealamendment/

Friday, June 3, 2011

The Relationship Between President Obama, Democrats, And General Electric - Political Incest or Coincidence?

Several articles and revelations over the past few months have raised a curious relationship between President Obama, Democratic politicians, and General Electric. It could all be a coincidence, but it also could be a classic example of the cozy relationship between powerful interests in business and government getting together. Woodrow Wilson recognized this type of incestuous political relationship almost one hundred years ago: "The government, which was designed for the people, has got into the hands of bosses and their employees, the special interests. An invisible empire has been set up above the forms of democracy."

Did Wilson get it right? You decide, coincidence or political incest:

- Before going into the first point, remember that the Democrats controlled both houses of Congress from 2007 through 2010 and controlled the White House for the past two and a half years. Thus, no one can totally blame Bush for the following situations.

A few months ago news reports were all a flutter when it was revealed that General Electric had over $14 billion in worldwide profits and over $5.1 billion in domestic earnings in 2010 but had not paid any Federal income taxes. In fact, not only did GE not pay any income taxes, the Federal government, via the income tax laws and process, actually gave GE a $3.2 billion dollar tax refund. This happened when Democrats were in charge of just about any function of government.

The Democrats almost made GE pay some taxes. "Active Financing" is when a company like GE makes a loan overseas and generates interest income. Under current tax laws, all of that revenue is tax free. A few years ago, Congress was looking to close this loophole, an action that was supported by Charles Rangel, then the chairman of the House Ways and Means committee. His committee had the primary responsibility for writing and revising the tax code.

One day, Rangel was fully supportive of closing the loophole and forcing overseas American financing companies to pay taxes on the active financing revenue. However, almost overnight, Rangel reversed his position and as chairman of the committee was able to block any attempt to close the loophole, a loophole that would have generated billions of dollars a year for the Treasury. Turns out a GE foundation shortly afterwards donated $30 million to New York City schools, of which $11 million went to schools in Charles Rangel's Congressional district.

Thus, GE avoids possibly billions in taxes over the years while Democrat Rangel gets a one time gift worth only millions for his district. Coincidence or incest?

- It is no secret that the economic policies of this administration and the Democratic Party controlled Congress have been a disaster. High unemployment persists, private sector  job growth is anemic, economic growth is low, and the national debt skyrockets. The President is desperate to find a way to generate job growth. What does he do?

He calls Jeff Immelt, currently the CEO of General Electric and appoints him chairman of the newly formed Presidential Council on Jobs and Competitiveness, a group given the task of generating ideas for job growth. Shortly thereafter, rumors start in Washington that Immelt is going to leave General Electric and take a high ranking job with the Obama administration. Incest or coincidence?

- In an article written by Charles Kadiec of Forbes, which was summarized in the May 20, 2011 issue of The Week magazine, we find another Obama/GE tryst. The article was titled "Obama Can't Hide His Lust For Power." According to Mr. Kadiec, Jeff Immelt of CEO of General Electric (you remember him from above), was a major contributor to Obama's 2008 Presidential campaign. He was also one of the first American CEOs to ask the administration for a financial bailout from TARP.


However, while the administration capped executive bonuses at other financial institutions and companies that received TARP bail out funds, the Obama administration placed no such limits on GE's executive compensation processes. Incest or coincidence?


- The next example comes from the March 16, 2011 issue of Forbes magazine. In an article titled, "Chevy Volt: The Car From Atlas Shrugged Motors - Who Is Going To buy All These Cars" and it was written by Patrick Michaels. Mr. Michaels was not too kind in his review of the Volt concept, General Motors' all electric car:


  • The Volt will cost over $40,000 so GM successfully lobbied the administration and the political class to give Volt buyers a $7,500 federal rebate for buying a GM Volt.
  • A Volt model failed to start when it was to be demonstrated at the 2010 Detroit Auto Show, not a good start.
  • The expected mileage using a fully charged Volt battery had been continuously revised downward, so much now that it is expected to have only a 25 to 50 mile range on electric power only.
  • Consumer Reports ran a series of tests on the Volt and they estimated that the electric motor range is only 25 miles or so and it gets that much only because the Volt heating system is especially weak since running the heater drains the battery even quicker. The article questions how much lower the mileage will go in hot weather and the car's air conditioning system is working.
  • The Volt requires premium fuel so any gas savings from using the electric motor is at least partially offset by the more expensive use of premium gas.
  • The Volt has been billed as an electric car that has a small gas motor that kicks in when the electric battery runs out of power. However, according to the article, the premium gas engine also kicks in when the vehicle travels at highway speeds. Thus, the Volt is really not a revolutionary electric car, it is a hybrid car. Nothing special, considering the many other hybrid cars on the market that sell for much less and get nowhere near as much taxpayer subsidy.
  • GM has announced that they will produce 100,000 Volts in the next two years but in the three months preceding this Forbes article, only 928 Volts had been sold in total.
This is a major embarrassment not only to GM but also to the Obama administration who has been a big advocate of electric cars. If the Volt fails and tens of thousands of Volts are not sold, it will seriously damage the Obama administration's goal of getting a million electric cars on the roads of America within a few years. It will not look good if the primary driver of this goal, the Volt, has unwanted vehicles sitting in GM's parking lots.


However, not to worry. According to the article, General Electric has committed to buying 50,000 Volts in the next two years, seriously reducing the possibility that Volts will go unsold in the short term. Almost everybody wins in this case. General Motors is happy to sell a poorly performing auto. President Obama is happy because it falsely looks like he is greening the country. General Electric is happy because President Obama is happy.


The only people that are not happy are U.S. taxpayers. If GE actually buys the 50,000 Volts, the U.S. government will  be paying GE $375,000,000 of taxpayer money via the Volt rebate program that GM lobbied so hard for. Thus, not only did GE not pay any income taxes in 2010 and received a $3.2 billion Federal income tax credit, they will also get another $375 million in this Volt deal while continuing to cozy up to the Obama administration. Incest or coincidence?


- Why might GE want to continue to cozy up to the Obama administration? GE is one of the largest wind energy turbine manufacturers in the world. What if somewhere in the near future, the political class decided to give tax breaks to companies that invest in alternative energy sources, say wind? Incest of coincidence?


Pretty sad stuff. U.S. taxpayers suffer while political favors are bought and paid for. That is why Step 6 from "Love  My Country, Loathe My Government" is so important. It would allow only individual citizens to contribute to political campaigns. Corporations like GE, unions, PACs, etc. would not be allowed to contribute to campaigns. In this world, politicians would be much more likely to act for the good of the country and not the good of their next election campaign. Taxpayer money would not be wasted on projects that benefit only the political class and the unions and businesses that fund our politicians.


Until Step 6 is implemented, we will likely see more and more political incest than we see sheer coincidence.




Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at http://www.loathemygovernment.com/. It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.
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http://www.loathemygovernment.com
http://www.cato.org/
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http://realpolichick.blogspot.com
http://www.flipcongress2010.com/
http://www.reason.com/
http://www.repealamendment.com