Posts Tagged ‘hypocrites

20
Sep
11

snakes

NYT: On the Senate floor and the television airwaves, Senator Mitch McConnell has lambasted the Obama administration over what he has described as its failed efforts to stimulate new jobs through clean-energy projects backed with billions of dollars in federal loans or other assistance.

But Mr. McConnell, of Kentucky, is one of several prominent Republicans who have worked to steer federal money to clean-energy projects in their home states, Energy Department documents show.

Mr. McConnell made two personal appeals in 2009, asking Energy Secretary Steven Chu to approve as much as $235 million in federal loans for a plant to build electric vehicles in Franklin, Ky. “I hope you will realize the importance of such job creation to Kentucky,” Mr. McConnell said in a July 2009 memo supporting an application from Zap Motor Manufacturing.

Federal lobbying disclosure records show that Mr. McConnell’s support for the project came after Zap Motor hired a Kentucky-based lobbyist, Robert Babbage, who has been a frequent contributor to Mr. McConnell’s campaigns and boasts on his own Internet site about his close ties to Mr. McConnell.

…. Another Republican, Representative Lamar Smith of Texas, recently asked Attorney General Eric H. Holder Jr. to appoint an outside investigator to determine how the Department of Energy distributes clean-energy money. But in 2009, Mr. Smith wrote to Mr. Chu asking him to approve loan guarantees from stimulus money for a Texas project proposed by Tessera Solar, documents show.

Full article here

19
Aug
11

‘facing 9.5% unemployment, president sets off on vacation!’

A 25 day vacation too!

President Obama?

No, no: Reagan – in 1983. The right wing media was outraged! Kidding.

Eric Boehlert (Media Matters): The annual summertime ritual of conservatives attacking Obama for going on summer vacation is swinging into high gear, as the president and his family prepare for a trip to Martha’s Vineyard.

…. Context, though, is sometimes helpful in terms of highlighting how silly the cries of protest from the far-right media really are. For instance, at the same juncture of his first term, Ronald Reagan, like Obama, was battling a bad economy. Unemployment  stood at 9.5%. Reagan’s response his third August in office? He set off for a nearly month-long vacation.

Not only did Reagan go on a secluded, 25-day California retreat, but his top aides reportedly stopped relaying news events to him so as to not disturb the president’s sojourn.

From the Washington Post, Aug. 22, 1983:

As President Reagan relaxes on his mountaintop ranch northwest of Santa Barbara, tucked away from the workaday cares of Washington, his top advisers have decided to put an end to what one of them calls “unnecessary news stories”. The negative news coverage that the president abhors was a topic of discussion at a White House breakfast the day before Reagan left on his present 25-day trip, the 17th stopover at his ranch since his election.

Full post here (via The Political Carnival)

Thanks Fred

11
Jul
11

‘the truth….about government spending’

Business Insider: …. Federal government spending has risen under President Obama, mostly because of the $800 billion stimulus designed to offset the massive recession he inherited from President Bush. But the increase in federal spending under Obama is dwarfed by the colossal increase under President Bush.

Don’t believe it? Here’s Federal Expenditures from 2000-2011:


As you can see, from 2000 to 2008, under President Bush, Federal spending rose by $1.3 trillion, from $1.9 trillion a year to $3.2 trillion a year.

From 2009 to 2011, meanwhile, under President Obama, federal spending has risen by $600 billion, from $3.2 trillion a year to $3.8 trillion a year.  It has also now begun to decline.

In other words, federal government spending under President Bush increased 2X as much as it has under President Obama.

So, who’s responsible for the explosion in federal spending?

More here

16
Jun
11

the belt-tighteners

Washington Post: Members of the firebrand class of Republican freshmen on Capitol Hill – elected on a pledge to attack the U.S. debt problem – have, in some cases, accumulated tens of thousands of dollars in personal debt, according to financial documents released Wednesday.

Among the 87 new GOP members of Congressmat at least 30 had liabilities totaling $50,000 or more in 2010 …. at least seven had credit card debt exceeding $15,000.

The newcomers have helped press a simple GOP message about the public debt: The country has too much and must reduce its burden immediately. These documents seem to show that, in their private lives, some freshmen took a more nuanced view: Debt could be useful, when put toward furthering ventures in real estate, farming or other businesses.

….Among those with credit card debt was Rep. Blake Farenthold (Tex.), who has pressed for major action to control the national debt. Earlier this year, Farenthold issued a statement rejecting any increase in the debt limit without major spending cuts. “Like the rest of America,” the statement said, ‘the government needs to tighten its belt and work within its means.”

Farenthold’s 2010 disclosure forms show credit card debt of $45,000 to $150,000…

…..Among those with significant debt was Rep. Stephen Lee Fincher (R-Tenn.), who had been accused of playing down his debt during the campaign. The disclosure documents show that he is carrying $1.6 million to $6.4 million in loans relating to his family’s 2,500-acre farm in Frog Jump, Tenn.

Full article here




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