Obama continues the crony parade…
From Human Events:
George Soros, T. Boone Pickens, Kevin G. Douglas and companies under their control stand to reap the rewards of billions of taxpayer dollars in subsidies contained in a Democratic-sponsored measure set for a vote this week.
The legislation, authored by Sen. Robert Menendez (D-N.J.), would amend the much-ballyhooed highway bill to include the New Alternative Transportation to Give Americans Solutions act, or NATGAS act. The act would provide subsidies for individuals, corporations and public entities that purchase natural gas vehicles or build natural gas distribution facilities.
The act would subsidize three different enterprises controlled by Soros, Pickens and Douglas, who consistently rank among the most generous political donors, according to Federal Election Commission Records.
Moreover, HUMAN EVENTS has learned that one of these companies, Fuel Systems Solutions based in Santa Ana, Calif., has and continues to conduct business, through its foreign subsidiaries, with customers in Iran, according to the company’s U.S. Securities and Exchange Commission filings. The company acknowledges in those filings that tougher international economic sanctions levied in light of that nation’s civilian nuclear program may adversely affect its Iranian-based revenues in 2012, as such measures have in the past.
Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit.
With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department.
“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.”
Atlas Shrugged – the Obama administration instruction manual.
4 thoughts on “Atlas Shrugged – the Obama Administration’s Instruction Manual”
Just ONE more, and THEN you are going to take a break, right?
Enough of this Green crony capitalism! How can I be naughty if he persists in posting?? I will get into trouble if he’s in the vicinity.
Crony Capitalism? Funny, I thought the word for that is FASCISM!
All the laadies seem to dig you, Mr. Smarty Pants. I find it very amusing as they don’t realise that you can turn from charmer to chastiser in less than two seconds flat. That’s record time, you know?.