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Failure: ‘Cash For Clunkers’ Cost America $6 Billion in Wasted Money

August 23, 2014 | Filed Under Anti-Americanism, Barack Obama, Business, Capitalism, Crony Capitalism, Democrats/Leftists, Economy/Finances, Energy, Environment, Ethics, Government Corruption, Green Energy, Liberals, President, Progressives, Stimulus, Taxes, Warner Todd Huston | No Comments

-By Warner Todd Huston

Obama’s “Cash for Clunkers” program was his idea to save American auto buyers money and help “green” the roads at the same time. But the program was a monumental failure. It was so bad it has now been determined that it didn’t save anyone anything. In fact, it cost America 6 billion in wasted dollars!

Along with the obvious problems with the program that showed up right at the beginning, now that the long term effects are starting to be quantified, it has become clear that the program forced auto buyer to spend less on their autos tan they would have costing the auto industry some $3 billion in sales.

A new study written by Mark Hoekstra, Steven L. Puller and Jeremy West and published by the National Bureau of Economic Research has found that the program caused buyers to spend about $4,600 less per purchase. Totaled that is about a $3 billion loss in revenue to the auto industry.

Then you add the other 3 billion Obama lavished onto the auto industry and we get $6 in federal waste.
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Writer Huston: Long Road Ahead for GM, But Don’t Count It Out

April 16, 2014 | Filed Under Anti-Americanism, Budget, Business, Capitalism, Crony Capitalism, Democrats/Leftists, Economy/Finances, Electric, Environment, Ethics, Government Corruption, Green Energy, House of Representatives, Liberals, Nanny State, Oil, President, Progressives, Regulation, Senate, Sequester, Stimulus, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

So, I was on Newsmax TV on Tuesday…

From the Newsmax website:

It will take a long time for General Motors to regain its reputation as a trusted carmaker — but don’t count it out, says Warner Todd Huston, a writer for Wizbang and Breitbart.com.

“Thirteen people killed tied to this [ignition] faulty switch and GM people running for cover,” Huston told Ed Berliner, guest host of “The Steve Malzberg Show” on Newsmax TV.

“But . . . America loves to give people a second act. I wouldn’t count anybody down for the count. [The Rev.] Al Sharpton has been able to make a new living,” Huston said Tuesday.

Since February, GM has recalled 2.6 million vehicles with faulty ignition switches that could cause the engine to turn off and disable the power steering and airbags.

Asked whether the massive recall was a result of negligence on the part of GM, Huston said:

“There’s probably some [who were] saying, no, we’ll fix it later, others that are trying to avoid being held accountable, so, they try to push it off in the background,” he said.

“It’s a mixture of things. I don’t think it’s just . . . negligence, but it’s definitely negligence.”
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Green Stormtroopers to Invade Private Homes to Ensure Green Compliance

March 27, 2014 | Filed Under Budget, Climate Change, Crime, Democrats/Leftists, Energy, Environment, Ethics, Freedom, Germany, Government Corruption, Green Energy, Liberals, Liberty, Progressives, Regulation, Taxes, The Law, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Greenism is not only a religious principle it is also a fascist, authoritarian ideal and greenies in Germany are finally revealing the black soul of greenism by proposing a law that would give the state the power to forcibly enter a person’s home to ensure they are in compliance with green rules.

The city of Bremen, in northern Germany near the North Sea just west of Hamburg, is so keyed up to push its left-wing envrio-Nazi regulations that it has outlawed residents from having electric heaters. But the jackbooted enviros aren’t going to stop at a mere banning of the heaters. To make sure the lowly people have complied with the ban, greenists in Bremen want to give police the power to enter a home without a warrant to make sure that home owners or apartment dwellers have abided by the rule and gotten rid of their evil, evil electric space heaters.

As the Germany website Liberal Magazine reports, “The proposed law by Environment Senator Joachim Lohse foresees a system of monitoring that allows for detection of violations and punishment. According to the Weser-Kurier daily, officials would ‘in carrying out the duties of their office, tread upon private property and enter private buildings.’ Here Lohse is creating nothing less than an environment police.”

Now, this whole idea runs contrary to Article 13 of the German Constitution which holds that the people have an “inviolability” of their homes and that the state cannot just come stormtrooping through private property whenever they get a hankering to get its thug on.
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Illinois Wins Again: Worst Unemployment Record in USA

March 16, 2014 | Filed Under Barack Obama, Budget, Business, Capitalism, Chicago, Cook County, Democrats/Leftists, Economy/Finances, Ethics, Government, Government Corruption, Green Energy, Illinois State Government, Jobs, Liberals, Nanny State, Pat Quinn, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Illinois continues to rack up plaudits as one of the worst states in the entire country for every measure that makes a successful state. Bad bond ratings, among the highest for people moving away from her, worst pension messes, crummy education, etc. And now, Illinois has won the booby prize as the single worst state in the union for its unemployment track record. Yaaaa, Illinois.

At 9 percent unemployment, Illinois now has the worst unemployment rate of every state around it in the Midwest. But even worse for the Land of Sinkin’–er, I mean Land of Lincoln–the state has the worst downward trends in employment for the whole country. Illinois’ unemployment rate has gone up more times than its gone down and that is the worst record in the whole country over the last five years.

As the Illinois Policy Institute recently noted, “Illinois’ recovery from the Great Recession has been hindered by self-inflicted wounds. After the 2011 tax hikes, the Illinois jobless rate jumped from 9.4 percent to 10.2 percent. The US average declined in the same period.”
Meanwhile, in the surrounding Midwestern state, every state but Illinois has had a downward trend for unemployment by about an average of some 2 percent. And yet, Democrat controlled Illinois has seen unemployment go up and up.
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Global Warming ‘Experts’ Admit: We Lied

September 17, 2013 | Filed Under Al Gore, Climate Change, Democrats/Leftists, Environment, Ethics, Green Energy, Liberals, Progressives, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

A leaked copy of a UN report on global warming says that scientist’s claims that global warming was going to destroy us were drastically wrong.

The Daily Mail reports that in 2007 the UN Intergovernmental Panel on Climate Change (IPCC) claimed that the planet was going to rise 0.2 Celsius every decade, a claim that governments and scientists all across the world have relied on to make their own determinations.

But now the new report says that the climate only warmed at .12 C per decades since 1951, a rate far, far below what everyone was told.

The new report also notes that scientists had to admit that their forecasts were wildly out of sync with the truth.
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Green Fail: New York Metra Gives Up on Hybrid Busses

July 4, 2013 | Filed Under Anti-Americanism, Democrats/Leftists, Electric, Energy, Ethics, Green Energy, Guns, Liberals, Michael Bloomberg, New York, New York City, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

In a reversal of greenism, Michael Bloomberg’s New York Metropolitan Transit Agency is giving up on hybrid transportation.

The city with the mayor nicknamed “Nanny Bloomberg” may be stumping for all sorts of chic, activist causes, from the campaign to rid us of our Second Amendment rights, to the elimination of trans fats in our foods, to the downsizing of soda portions, but one cause the city is souring on is hybrid busses.

The New York Post reports that the city hasn’t bought a new hybrid buss in three years and is now moving to retrofit many of the ones it has with diesel engines.

The MTA is reporting that it will retrofit 389 hybrid electric busses with diesel engines because the hybrid engines are too unreliable and too expensive to repair.

“The electric-traction motors are burning out. They’re so expensive to replace that it’ll be cheaper to stick a diesel engine in there,” a source inside the MTA told the Post.
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56% Of Carmakers Who Asked For Government ‘Green’ Loans Are Dead

June 7, 2013 | Filed Under Barack Obama, Business, Capitalism, Congress, Crony Capitalism, Democrats/Leftists, Energy, Ethics, Green Energy, Jobs, Liberals, President, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Patrick George Jalopnik

What do Carbon Motors’ BMW-powered police car, Aptera Motors’ electric three wheeler, and Fisker’s luxury sedan have in common? Two things: they asked the government for loans, and they’re dead, as are more than half of the car companies who sought loans, according to documents obtained via a Freedom of Information Act request by Jalopnik.P

Of the 18 existing or would-be carmakers we identified as having applied for loans under the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program, 10 have since faded into bankruptcy or ceased operations.

Numerous car companies, startups and parts manufacturers have applied for the loans since the program was established during the Bush administration in 2008. However, most of them were turned down or simply did not receive the funds they requested. To date, about $8 billion has been doled out to just five carmakers: Tesla, Nissan, Ford, Fisker and the Vehicle Production Group. The last two have ceased production and appear headed toward bankruptcy.

The goal of the ATVM program was to use taxpayer loan money to fund the next generation of American fuel efficient vehicles, whether they came from small startups or large established automakers, all while adding thousands of new jobs.P

Unfortunately, no new loan money has been handed out since 2011, a decision critics have alleged was done in the wake of failed government-backed solar panel manufacturer Solyndra. About $16 billion remains undistributed….

Read the rest at Jalopnik.


Obama’s Budget Would Use Tax $$ to Fund Lobbyists Pushing Tax Hikes

April 17, 2013 | Filed Under Barack Obama, Budget, Business, Crony Capitalism, Democrats/Leftists, DOE, Economy/Finances, Energy, Ethics, Government, Green Energy, Liberals, Lobbyists, President, Progressives, Regulation, Stimulus, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Remember when Obama took office and one of his biggest promises was that lobbyists would never gain a foothold in his Administration? Well, now that he doesn’t have to stand for election again he’s doing his level best to give lobbyists one of their biggest perks yet. He’s trying to make it legal to give them your tax dollars so they can lobby to increase your taxes. And in fact he’s already broken laws governing lobbyists several times since 2009.

A report by the government watchdog group Cause of Action found that Obama’s Department of Human Services (HHS) and the Center for Disease Control (CDC) gave federal money in the 2009 stimulus program to lobbyists and public relations agencies for them to use to advocate for “tax increases on tobacco and sugar sweetened products.” This is a violation of federal law.

Worse, even more money has been earmarked in Obamacare to do the same thing, again in violation of the law.

It gets even worse.
Read more


Deadbeats: Obama-Supported Fisker Motors Sued for Non-Payment of Bills

April 17, 2013 | Filed Under Anti-Americanism, Barack Obama, Budget, Business, Crony Capitalism, Democrats/Leftists, DOE, Economy/Finances, Energy, Ethics, Green Energy, Jobs, Liberals, President, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Through President Obama’s loan guarantees, the American people gave hybrid car-maker Fisker Automotive millions of tax dollars, but now Fisker is on the verge of bankruptcy and is facing lawsuits from at least three different groups for not paying its bills.

In the first week of April, lawyers for Fisker’s laid off employees filed suit saying that the government supported company had fired workers without due notice as required by state and federal laws.

The law firm, Outten & Golden, won a similar lawsuit against green energy company Solyndra, another Obama-supported company that went bankrupt.
Read more


Lawyers: Obama-Supported Fisker Motors Layoff Violated Law

April 12, 2013 | Filed Under Barack Obama, Budget, Business, Capitalism, Crony Capitalism, Democrats/Leftists, Economy/Finances, Energy, Environment, Ethics, Government, Green Energy, Jobs, Liberals, President, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Despite millions if federal loans, last week luxury hybrid car maker Fisker Automotive fired 80% of its employees at its California-based company. But now those employees hired the same law firm that sued “green energy” company Solyndra to charge that Fisker violated state and federal laws with the layoffs.

On April 5, Breitbart reported that Fisker Automotive, Inc. laid off up to 80% of its employees due to a cascade of major errors and bad business decisions even though President Obama pumped millions in federal tax dollars via loan guarantees into the company starting in 2011.

Fisker’s employees were already on a two week furlough when upon coming back to work were told they would be laid off. Employees reported they had received no severance package but did receive pay for vacation time earned.
Read more


Fisker Motors Meltdown, Fires 80% of Staff

April 9, 2013 | Filed Under Barack Obama, Budget, Business, Capitalism, Crony Capitalism, Democrats/Leftists, Economy/Finances, Electric, Energy, Ethics, Green Energy, Jobs, Liberals, President, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Fisker Automotive, Inc., the much-celebrated maker of luxury electric cars, has announced that it is firing 80% of its employees after failing to finalize an investment deal.

The manufacturer of the rechargeable Karma auto informed 160 workers of the layoffs coming to the Anaheim, California-based company. Fisker was said to have employed 200 before this week’s announcement.

This is only the latest blow to the “green” auto company. Only last month the company’s name-sake, Henrik Fisker, resigned over “unspecified” disagreements with other executives and the company stopped production of its cars after its lithium-ion battery supplier declared bankruptcy.

The battery company, A123 Systems Inc., declared bankruptcy in October of last year despite the millions in in tax dollars pumped into the company by President Obama.

According to Bloomberg, Fisker has retained the services of Kirkland & Ellis LLP to explore a restructuring of the company.
Read more


Eagle-Killing, Investment-Wasting ‘Renewable’ Energy

April 3, 2013 | Filed Under Barack Obama, Biofuels, Budget, Capitalism, Congress, Crime, Crony Capitalism, Democrats/Leftists, Electric, Energy, EPA, Ethics, Green Energy, House of Representatives, Jobs, Keystone Pipeline, Liberals, Natural Gas, Oil, Policy, President, Progressives, Senate, Socialism, Solar, Taxes, Warner Todd Huston | 3 Comments

-By Warner Todd Huston

The “Green Energy” sector has been hit with a series of setbacks over the last few years. From a wind farm being cited for killing an endangered eagle, to solar energy’s tumble from investor favor over dismal performance, to a growing list of companies gone bankrupt even after President Obama pumped millions of our tax dollars into them, the so-called Green Energy sector has certainly seen better, more hopeful days.

In the realm of farce, a wind farm in Nevada finds itself at an unfortunate crossroads of political correctness. Even as the wind farm in White Pine County, Nevada is a favored “Green Energy” nirvana, the company that runs it is under threat of sanctions by the federal government. Why? Because a protected Golden Eagle flew into one of the farm’s turbines killing itself.

Now, San Francisco-based Pattern Energy is awaiting a decision from the feds on whether or not they will have to pay a $3,000 fine for killing the endangered bird.

But as the President might say, that is but “a bump in the road.” Worse than the death of a protected eagle, a recent analysis reveals that the bottom has fallen out of solar energy investments.
Read more


VIDEO: Obama’s Past State of the Union Lies

February 11, 2013 | Filed Under Barack Obama, Budget, Democrats/Leftists, Economy/Finances, Elections, Energy, Ethics, Government, Green Energy, Jobs, Liberals, President, Progressives, Taxes, Warner Todd Huston | 1 Comment

Here is a review of Obama’s previous State of the Union promises

2009 … Stimulus (failed to help the economy)

2010 … ObamaCare (he said insurance would come down, it has gone up)

2011 … Green Energy (billions wasted on NO new advances or programs)

2012 … Tax Hikes (strangling the economy in its crib)

2013 … What will he say this year?


Koch Industries Responds to ‘Misleading’ UK Articles

February 9, 2013 | Filed Under Britain, Business, Capitalism, Climate Change, Democrats/Leftists, Electric, Energy, Environment, Ethics, Government, Green Energy, Journalism, Liberals, Media, Media Bias, Newspapers, Progressives, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Koch Industries recently published a response to the work of UK Independent journalist Steve Connor whose work, Koch says, “misled readers.” The two articles accused Koch Industries of secretly funding attacks on climate change.

The articles written by Connor “got many facts about Koch wrong,” according to the open letter published on the company’s website.

Koch was also unhappy that the British newspaper edited down its letter to the paper without their knowledge “censoring key information and important context.”
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Leaked DOE Emails Expose White House Cronyism

October 29, 2012 | Filed Under Anti-Americanism, Barack Obama, Budget, Business, Congress, Crime, Crony Capitalism, Democrats/Leftists, DOE, Economy/Finances, Elections, Energy, Ethics, Government, Green Energy, Jobs, Liberals, President, Progressives, Stimulus, Taxes, Warner Todd Huston | Comments Off

Internal emails leaked from the Department of Energy to CompleteColorado.com conflict with the President’s claim to Kyle Clark of KUSA on October 26th decisions on failed green energy loans were insulated from politics and the influence of the White House.


Chevy Volt Battery Plant Floundering Despite $151 Million from Obama

September 26, 2012 | Filed Under Barack Obama, Budget, Business, Capitalism, Democrats/Leftists, Detroit, Elections, Environment, Ethics, Government, Green Energy, Jobs, Liberals, President, Progressives, Regulation, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Another in a long list of Obama-touted and tax-supported “green energy” companies is on the verge of going out of business, this time in Michigan.

Two years ago, President Obama visited the LG Chem battery plant in Holland, Michigan. Obama then hailed the plant saying, “You are leading the way in showing how manufacturing jobs are coming right back here to the United States of America.”

But today, those LG Chem jobs Obama claimed were “coming back” are seeing intermittent layoffs instead of growth.
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A Blogger at NATO 2012, What I Saw on Day One

May 21, 2012 | Filed Under Afghanistan, Animal Rights, Animals, Anti-Americanism, Anti-Semitism, Anti-War, Barack Obama, Budget, Business, Capitalism, Chicago, Democrats/Leftists, Economy/Finances, Ethics, Government, Green Energy, Health, Illinois, Iran, Islam, Israel, Journalism, Koran, Liberals, Media Bias, Military, NATO, News, Obamacare, Palestinians, Patriotism, PCism, Police, President, Race, Religion, Society/Culture, Solar, State Department, Taxes, Tea Party, Warner Todd Huston, Western Civilization | 2 Comments

-By Warner Todd Huston

I was awarded press credentials for NATO’s 2012 Summit in Chicago and, having no idea what to expect, what I found on day one was a study in contrasts. What occurred was sometimes amusing, often mundane, and sometimes even violent. But it was all democracy in action.

Early on the morning of day one, Sunday, May 20, I boarded a western Metra train under threat of having my equipment bags confiscated or at least me prevented from boarding the train with them. I was not ruffed up the “the man,” though and downtown I went riding high on the rails. Literally. I took a seat on the top tier of the train.


The Summit didn’t start well as the NATO advance video called Chicago the Illinois Capital (It isn’t) and the place where Obama grew up (Again, it isn’t).

Upon reaching the gathering point for the press in beautiful downtown Chicago I boarded the super, double, secret press shuttle bus that took us down the service streets, steering well clear of the surface roads, straight to Chicago’s McCormick Place convention center, site of the NATO Summit.

Of course, before I was allowed on the super, double, secret press bus, bomb-sniffing dogs were loosed to make sure I had no underwear-bomb on my person or in my equipment bags. After I was officially cleared, I boarded the bus with local Chicago TV newsreader Jay Levine.

Everywhere I went there were knots of security personnel. A LOT of security personnel. The last time I saw that many security people I was in Cancun, Mexico during the 2010 UN Climate Conference.

There were members of the FBI, Homeland Security, Chicago Police, the U.S. Marshals as well as U.S. Airmen and Army officers all there on duty to make sure our tender media people were safe and secure.

I was later to learn that out on the streets of Chicago the number of security of all sorts made the way to McCormick Place seem like it was lightly guarded!
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An Example of Pointless Greenieness

May 8, 2012 | Filed Under Anti-Americanism, Business, Capitalism, Climate Change, Coal, Communism, Democrats/Leftists, Electric, Energy, Environment, Ethics, Green Energy, Liberals, Socialism, Taxes, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

NBC has created an entire phalanx of videos centered on environmental issues to show its fealty to the religion of greenism. There are celebrities, trite slogans, and all sorts of absurd promises on what going green can do for us all. But are these “solutions” really any good? Let’s look at one of NBC’s claims to see if it makes much sense, shall we?

The subject happens to be one of green fascism’s favorites: light bulbs. The ad, you see, claims that if every American household gets rid of incandescent light bulbs to be replaced with an energy savers, why… well, here is the voice over of the ad:

If every home changes one of these (image of an incandescent light bulb) for one of these (an energy saving light bulb), we’d save enough power to light up New York City for a year. Broadway, Wall Street, Central Park. Just one light bulb. You don’t have to do a lot to do a lot.

But let’s think about this.
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Outrage Outage: Why Solyndra Fails to Spark Anger

April 5, 2012 | Filed Under Anti-Americanism, Barack Obama, Business, Daniel Clark, Democrats/Leftists, Economy/Finances, Energy, Ethics, Green Energy, Liberals, President, Solar | Comments Off

-By Daniel Clark

After all the anger, rational and otherwise, that was directed at Enron after it went bankrupt several years ago, one might have expected Americans to be incensed by the failures of Solyndra and other federally-subsidized “renewable energy” companies. So why aren’t we?

For conservatives, the answer is fairly simple. To us, the Solyndra fallout has been the proverbial spilled milk. It’s not as if we thought these “green energy” ventures would actually pay off. The real offense was the taxpayer-financed investments that Obama made in these companies through his gargantuan stimulus package, at which we really were angry, and still are.

Since liberals championed the stimulus package, it stands to reason that they are undisturbed by Solyndra, assuming that they didn’t expect it to pan out, either. If the subsidies were meant primarily as a symbolic expression of liberal ecological sensitivity, then they have already served their purpose, regardless of whether or not they yield any real-world results.
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America’s Green Enemies

February 21, 2012 | Filed Under Alan Caruba, Budget, Climate Change, Democrats/Leftists, Energy, Environment, Ethics, Government, Green Energy, Liberals, Policy, President, Taxes | Comments Off

-By Alan Caruba

It was good news that the Nuclear Regulatory Commission approved the nation’s first nuclear power plants on February 9th, clearing the way for the construction of two reactors by Southern Company at its Plant Vogtle site near Atlanta, Georgia. The bad news is that these are the first new nuclear plants since 1978!

In a nation with a growing population and increasing need for electricity to power homes and businesses, it is nothing less than insane to not include nuclear energy in the mix of providers. Environmentalists immediately attacked the announcement using the usual scare campaigns.

Equally insane is the failure to provide the means to safely store the radioactive materials that result. Highly contested by environmentalists, the Nevada-based Yucca Mountain deep geological repository storage facility for spent reactor fuel was cancelled in 2009. Nevada’s Senator Harry Reid, Majority Leader in the Senate, played a major role in this disgraceful decision. The Obama administration terminated funding for the development of the site in 2011, leaving the nation with no long-term storage site.
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Upset about Big Brother’s Ban on Incandescent Bulbs? Buy a Heatball!

January 5, 2012 | Filed Under Climate Change, Energy, Environment, Green Energy, Selwyn Duke | Comments Off

-By Selwyn Duke

This is just too good.

Many of you know that in a few days the federal ban on conventional incandescent light bulbs will go into effect. And while House Republicans included a provision in a recent spending bill that will block funding for the ban’s enforcement, it’s said that it will have little effect; manufacturers have prepared for the new standards and will no doubt abide by the law. So does this mean we’ll be forced to buy more expensive LED (light emitting diode) or CFL (compact fluorescent light) bulbs, the latter being those squiggly things said to be loaded with mercury? Not if we follow the lead of German businessman Siegfried Rotthaeuser.

After the European Union banned conventional incandescent bulbs, Rotthaeuser’s entrepreneurial spirit was sparked. He started selling another product: heatballs.

What’s a heatball? According to this Teutonic Knight of Freedom and Light, it is a “small heating device” that compensates for the loss of heat a home experiences when conventional light bulbs are swapped for more energy efficient ones. Here is an image of this novel new product.

Read more


Obama Crony Capitalism: Navy Buys ‘Green’ Fuel at 4 X Price

December 12, 2011 | Filed Under Anti-Americanism, Barack Obama, Biofuels, Budget, Business, Capitalism, Climate Change, Crony Capitalism, Democrats/Leftists, Economy/Finances, Environment, Ethics, Government, Green Energy, Liberals, Military, Navy, President, RightPundits.com, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The Obama administration has announced its successful purchase of “green” biofules for the U.S. Navy at $15 per gallon. This success story is interesting for the fact that the Navy’s regular fuel cost is just under $4 per gallon. Additionally, one of the companies involved in the sale employs a prominent member of Obama’s 2008 transition team, one T.J Glauthier.

The company in question, Solazyme of California, has also been a happy beneficiary $21.8 million of Obama’s “stimulus” spending.

Read the rest at RightPundits.com.

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