Life is a Bungling process...
Jean Giraudoux who first said, “Only the mediocre are always at their best.”
"the difference between a negotiation and an argument ... an argument being something you can win." Christopher Buckley (Thank You For Smoking)
If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill
"summum ius summa iniuria" ("More laws, more injustice.") Cicero
"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan
"Why did God make so many damn fools and Democrats?" Clarence Day
“You can lead a horse to water, but a pencil must be lead.” Stan Laurel – “Brats”
"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown
"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"
Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.
"Half the World spends its time laughing at the other half, and both are fools." from Think Fast Mr. Moto
Thursday, March 22, 2012
Obama’s Algae Racket - Pond scum stinks. And so do the Obama administration
Obama’s Algae Racket - Michelle Malkin - National Review Online
By Michelle Malkin
March 21, 2012 12:00 A.M.
The administration gives new meaning to “green crude.”
Pond scum stinks. And so do the Obama administration’s enormous, taxpayer-funded “investments” in politically connected biofuel companies. While the president embarks on a rehabilitation tour this week to quell growing public outrage about his big green boondoggles, the White House continues to cultivate a cozy algae racket.
Obama’s promotion of algae as a fuel source at a campaign speech in Miami last month caught the nation’s attention. But algae companies have been banking on administration support from Day One. In December 2008, when the White House announced the nomination of Steven Chu as energy secretary, the CEO of the Florida-based biofuels startup Algenol, Paul Woods, exulted to Time magazine: “You see this smile on my face? It’s not going away. Everyone is really excited by this.”
The next year, Woods and Algenol — dubbed “Obama’s favorite algae company” by Forbes magazine — racked up $25 million in federal stimulus grants from Chu. Say, “Cheese.”
Yet another algae-based biofuels developer, Sapphire Energy, has absorbed $105 million in stimulus funds and loan guarantees even as doubts about the practicality, efficiency, and viability of pond-scum fuels multiply. Sapphire’s CEO, Jason Pyle, has donated exclusively to Democratic campaigns, candidates, and committees — and his company’s website reads like a satellite White House communications office-
-more at link-