Quotes

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek"

"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

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

As Christopher Hitchens once put it, “The essence of tyranny is not iron law; it is capricious law.”

"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

"Law is where you buy it." Raymond Chandler

"Why did God make so many damn fools and Democrats?" Clarence Day

"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.

Thomas More's definition of government as "a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth.” ~ Winston S. Churchill, A History of the English Speaking Peoples

“Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through.” ~ Jonathon Swift

Friday, January 4, 2013

The ultimate phony fascist - Warren Buffett Buys Plants from Company that Received 1.2 Billion in Stimulus Funds

The Big Corp. - Gov't. - welfare complex. Forget military-industrial, Buffet stops a pipeline to to keep oil flowing on his railroad, now he buys government paid for industry. Nice to have a sugar Uncle Sam scam, isn't it? m/r

Warren Buffett Buys Plants from Company that Received 1.2 Billion in Stimulus Funds

By Daniel Greenfield On January 3, 2013 @ 10:21 pm In The Point | 7 Comments

It’s good to be the king. And if you can’t be the king, it’s good to be the guy who sticks close to the king and gets his leftovers.
Sun Power came under fire during the election for the 1.2 billion dollars in stimulus fund loan guarantees that it received from Obama Inc. The problem was that Sun Power was completely nonviable as a business.
Republican lawmakers on two House committees are seeking details about the loans given to First Solar, SunPower Corp. and ProLogis. Of those three companies, troubling financial revelations have emerged about SunPower, which received a $1.2 billion loan, more than twice the money approved for Solyndra, which filed for bankruptcy last month after receiving a $528 million loan.
The Energy Department says on its website that the $1.2 billion loan to help build the California Valley Solar Ranch in San Luis Obispo County, a project that will help create 15 permanent jobs, which adds up to the equivalent of $80 million in taxpayer money for each job. …
...
But you can always make a non-viable business built on crony capitalism seem viable by moving money from one crony capitalist entity to another.
Solar stocks were burning up Thursday, led by a 41% share price boom for SunPower, which this week said it sold a pair of massive Southern California solar power plants to a Warren Buffett company.
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So Warren Buffett bought something that doesn’t exist yet, from a company that only exists because of Federal money. But that’s nothing. If you want to see actual ecofraud on wheels, take a look at this crazy train.
CBC News received several tips after a recent story about a company shipping the same load of biodiesel back and forth by CN Rail at a cost of $2.6 million in the summer of 2010. It turns out the shipments were part of a deal by a Toronto-based company, which made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.
-go to link for the full story- 
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