Solyndra was only the most basic example of these crimes. In fact, though you wouldn't know it from reading the funny papers, a whole series of "green energy" companies are in varying stages of collapse. For the most recent example, please consider: "Another Stimulus-Backed Energy Company Files for Bankruptcy":
After months of financial turmoil, an Energy Department-backed lithium ion battery company has filed for Chapter 11 bankruptcy protection. The company, Ener1, received a $118 million grant from DOE in 2010 as part of the president’s stimulus package. The money, which went to Ener1 subsidiary EnerDel, aimed to promote renewable energy storage battery technology for electrical grid use.
Oh, and don't forget about Beacon Power:
Beacon Power Company received $39 million of its government-guaranteed loan before it filed for bankruptcy. Beacon Power developed new technology that supposedly provides energy storage designed to help the intermittent solar and wind power be used by power grids, which need stable power to remain reliable.
Not to mention Amonix:
Just seven months after California-based solar power company Amonix Inc. opened its largest manufacturing plant, in North Las Vegas, the company’s contractor has laid off nearly two-thirds of its workforce... Amonix received a $5.9 million investment tax credit through the American Reinvestment and Recovery Act in 2010...
I've got a million of 'em. In fact, that's why I created "The Handy-Dandy EnergyGate Cheat Sheet" -- to keep track of all the wanton criminality associated with the "green collar" jobs that are disappearing faster than a double-chocolate brownie placed in front of Michael Moore.
I would wager $1,000 that a complete investigation of each "green energy" company and its backers -- by third-party, forensic accountants -- would expose a web of ties linking those who benefited to some of the Democrat Party's largest donors. Cause that's the way they roll.
The most shocking aspect of these crimes is that the White House privately admitted that the Stimulus had nothing -- Nuh. Thing. -- to do with rescuing the economy. A recently revealed, December 15, 2008 memo from Obama's senior economic adviser Larry Summers to the president stated explicitly that the suggested spending packages were not about rescuing the economy... they were about rewarding Obama's backers.
The Stimulus is an ongoing crime perpetrated by the Democrats against the American people.
And why do I call this thievery an "armed robbery"? Said simply, Obama and his minions plundered America's wealth -- indebting an untold number of future generations in the process -- using the force of law. This is, as Bastiat put it, "legal plunder."
It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.
What are the consequences of such a perversion? It would require volumes to describe them all. Thus we must content ourselves with pointing out the most striking.
In the first place, it erases from everyone's conscience the distinction between justice and injustice.
No society can exist unless the laws are respected to a certain degree. The safest way to make laws respected is to make them respectable. When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law.
Bastiat was describing, more than 150 years before they came to power, the 111th Congress and President Obama.
While I support Rick Santorum in this primary process, I don't care if a crippled kangaroo is the GOP candidate. I will vote to oust Obama and to begin to save this precious country. Those who want to "sit it out" in protest should consider the impact of their inaction on subsequent generations, who we've already condemned to an ominous future. If collapse is what you seek, remember that this generation -- our generation -- will be forever marked as those who lost America.
This theft will not stand. It must not stand. And I will walk on broken glass and hot coals to vote this failed president out of office in November, while bolstering the number of true conservatives in Congress. It's the least we can do. So stop bitching about Mitt Romney, the GOP establishment, or the fact that your latte isn't hot enough. We've been at this for little more than two years. And Rome wasn't built in a day.
You and I, we've got a country to save.
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