The Solyndra scandal, TARP, bailouts for the zombie banks, bailouts for the auto makers, money for big unions -- it's all coming down hard on Americans, we pay for it all. While the politicians, bankers, CEO's, investors, and thugs cover their losses at tax payer expense and move on to the next game.
The reasons why Solyndra will hit the Obama administration very hard are two fold, first; because it should, and second; because the American people are sick of it.
But if you want a withering indictment of the sleaziness of the whole Obama gangster government enterprise, a trip to Chicago is very illuminating.
Here’s some of what John Kass of the Chicago Tribune wrote about the “Chicago smell” of this issue.
Excerpts below ;
The Solyndra scandal cost at least a half-billion public dollars. It is plaguing PresidentBarack Obama. And it’s being billed as a Washington story. But back in Obama’s political hometown, those of us familiar with the Chicago Way can see something else in Solyndra — something that the Washington crowd calls “optics.” In fact, it’s not just a Washington saga — it has all the elements of a Chicago City Hall story, except with more zeros. …did you really believe it when the White House mouthpieces — who are also Chicago City Hall mouthpieces — promised they were bringing a new kind of politics to Washington? This is not a new kind of politics. It’s the old kind. The Chicago kind. And now the Tribune Washington Bureau has reported that the U.S. Department of Energyemployee who helped monitor the Solyndra loan guarantee was one of Obama’s top fundraisers. Fundraising? Contracts? Imagine that. …it’s the same old politics, the same kind practiced in Washington and Chicago and anywhere else where appetites are satisfied by politicians. When the government picks winners and losers, who’s the loser? Just look in the mirror, hold that thought, and tell me later.Kass does a great job of describing how these legal forms of corruption take place.
In Solyndra, like any proper City Hall political scandal, there are similar archetypes. There are the guys who count. The guys who bring the cash. They count because they do the counting. They have leverage. They’re always there at the fundraisers. And so they’re the ones who are allowed to gorge at the public trough. The bureaucrats are the fulcrum so the guys with the leverage can lift great weight without too much effort. And while they might whine privately among themselves, they don’t hold news conferences to blow the whistle. They keep their mouths shut until the deal is done. If anyone gets caught and the problem becomes public, at least they’ve got email to cover their behinds. And they’re doing a good job covering. But there’s one group that doesn’t get their behinds covered. Instead, their behinds are right out there, suspended foolishly, and waiting to get kicked. We’re the taxpayers — in Illinois we call ourselves chumbolones because we’re the ones who stupidly end up covering all the losses. As in the Solyndra mess.His last point hits right to the heart of the matter. Taxpayers always wind up with the short end of the stick. Meanwhile, all the politicians, bureaucrats, lobbyists, and interest groups simply shrug their shoulders and move on to the next scam.