You probably know that Solyndra, a manufacturer of solar panels, declared bankruptcy after having received a $535 million loan guarantee by the Obama administration. What you may not know is that Solyndra had also applied for a second loan valued at $469 million.
With President Obama's job approval rating hitting 40 percent in last week's Gallup poll, the President is desperate to win some public support. In his mind, there is only one way to do that: provoke some old-fashioned class warfare.
The Pentagon has worried for months that a project backed by a prominent Democratic donor might interfere with military GPS. General William Shelton said he was told to alter his testimony before the House of Representatives' Subcommittee on Strategic Forces regarding an Obama White House attempt to award a defense contract to the Lightsquared firm. Lightsquared is a high-tech company doing business in Virginia that's owned by billionaire Philip Falcone, an Obama friend and campaign contributor.
1 . Never Drive a Vehicle in LA Without a License-- Unless You’re here Illegally
In Los Angeles, only US citizens and legal residents will have their cars impounded if they are stopped and are found to be unlicensed drivers. Illegal immigrants will be spared. The reasoning behind this decision by LAPD Chief Charlie Beck is that since illegal immigrants can’t get a drivers license, it isn’t fair to penalize them more than legal residents.
When Comcast entered into an agreement to purchase a controlling interest in NBC Universal from GE they not only had to reach a deal with GE, they also had to reach a deal with the Obama administration. Does anyone remember before his election then candidate Obama promised that he would “fundamentally transform America”? http://www.youtube.com/watch?v=xvJJP9AYgqU
Five major central banks including the US Federal Reserve are pumping dollars into the European banking system. They say these funds are needed because private US lenders are withholding lending because of the European debt crisis.
"This is basically to address the willingness of American banks to fund European banks," Mr. Valli said. "It looks like American banks do not have full trust to lend dollars to European banks, this is a by product of the sovereign debt crisis." Mr. Valli is an economist at UniCredit in Milan
Sen. Jeanne Shaheen gets the federal government to override the New Hampshire Executive Council’s decision not to fund Planned Parenthood with taxpayer money.
“Just So Ya Know….”
A couple of things hit me in the news this morning.
1. Rick Perry to Undergo Colonoscopy.
It appears that the news media’s colonoscopy of Governor Rick Perry of Texas is underway. The AP is reporting that Perry and his wife earned just over $2 million in wages. Gee, that’s a lot of money! We all know that earning money is not looked favorably upon by many in our society today.
FBI agents executed a surprise search Thursday of a Silicon Valley solar company that collapsed last week, in an investigation that appeared to center on half a billion dollars in federal loan guarantees granted to the company by the Obama administration.