Electric Car Crash Obama’s Green Energy Industrial Policy Turns up in Chapter 11.see note please


When asked about high gasoline prices President Obama cooed about the future cars that will get 75 miles an hour on his hot air effusions….. Here is another big flop ….. rsk

Mitt Romney quipped in the first Presidential debate that the problem with the Obama Administration’s green energy investing isn’t that it tried to pick winners and losers, but that “you pick the losers.” He was being generous. Another big green Administration favorite went belly-up on Tuesday with the Chapter 11 filing by battery-maker A123 Systems Inc.

Massachusetts-based A123 is—or was—part of President Obama’s grand design to build a U.S. electric-car industry more or less from scratch. The company was founded by entrepreneurs in 2001 to make lithium ion phosphate batteries and attracted private investment from the likes of Sequoia Capital and GE. Then Washington picked up the green energy fad.

As Mr. Obama put it in August 2009, the government would create an “infrastructure of innovation” by doling out “$2.4 billion in highly competitive grants to develop the next generation of fuel-efficient cars and trucks, powered by the next generation of battery technologies, all made right here in the U.S. of A.”

In a September 2010 congratulatory phone call to A123’s Livonia, Michigan plant, Mr. Obama called it “the birth of an entire new industry in America.”

Democrats were explicit that this was an attempt to rehabilitate the idea that government could nurture new industries. As Michigan Senator Carl Levin said in a 2011 speech, A123’s factories “are a forceful rebuttal to those who argue against public investment in this field, people who label this ‘industrial policy.’ In the not too distant past, that label—’industrial policy’—was the kiss of death for any proposal. That’s an ideological hang-up that we’ve now overcome.”

One not-so-ideological hang-up: The technology and market for such an industry didn’t and still doesn’t exist for commercially profitable levels of production. Electric-battery storage in particular has bedeviled technologists for decades. But rather than fund basic research—arguably a role for government—Mr. Obama and his green friends decided to play venture capitalist and industrial planner. With your money.


http://online.wsj.com/article/SB10000872396390443675404578061320659607206.html?mod=WSJ_Opinion_LEADTop President Obama bounced off the canvas with a more spirited debate at Hofstra University on Tuesday night, as everyone expected he would. He was animated and on the attack. The question we kept asking as the evening wore on, however, is what does he want to do for the next four years? At least […]

CNN’s Crowley: Romney ‘Right’ on Libya, He Just ‘Picked Wrong Word’ By: David A. Patten

CNN’s Crowley: Romney ‘Right’ on Libya, He Just ‘Picked Wrong Word’ By: David A. Patten http://www.newsmax.com/PrintTemplate.aspx?nodeid=460281 A sharp debate exchange between Mitt Romney and President Barack Obama over Libya ignited a firestorm on political blogs Tuesday night, after moderator Candy Crowley stepped into the fray to seemingly “correct” Romney on a key point. U.S. ambassador […]




Debate Moderator CNN’s Candy Crowley admits that Romney was actually right during the debate on the Libya “terrorism” remark

Read more: Family Security Matters http://www.familysecuritymatters.org/blog/detail/debate-moderator-cnns-candy-crowley-admits-that-romney-was-actually-right-during-the-debate-on-the-libya-terrorism-remark#ixzz29YI41Ryo
Under Creative Commons License: Attribution


http://www.familysecuritymatters.org/publications/detail/the-world-is-broke?f=must_reads Every time I go to get gasoline or to the supermarket, my dollar buys less and less as the price of everything goes up. It is not the fault of banks, speculators, or any of the usual suspects. It is the fault of the U.S. government and the Federal Reserve. It isn’t just a […]


Timeline of Libya Consulate attack reveals administration contradictions

The timeline of events leading up to last month’s deadly attack in Benghazi and the administration’s shifting explanations have become a major problem for Democrats less than a month before Election Day.
Already under criticism for linking the assault on the U.S. consulate to an anti-Islam video, the administration raised even more eyebrows Thursday when Vice President Biden said he didn’t know about the U.S. mission’s request for more security. Biden’s statement directly contradicts sworn testimony from State Department officials given just the day before.

The following is a detailed timeline of events leading to the Sept. 11 attack and what the Obama administration has said since then.

• April 5, 2011: Special envoy Christopher Stevens arrives in the rebel stronghold of Benghazi to forge ties with the forces battling Moammar Gadhafi. President Obama appoints him as ambassador to Libya on May 22, 2012.

• February: The U.S. embassy requests — and is granted — a four-month extension, until August, of a Tripoli-based “site security team” composed of 16 special forces soldiers who provide security, medical and communications support to the embassy.

• March: State Department Regional Security Officer Eric Nordstrom sends a cable to Washington asking for additional diplomatic security agents for Benghazi, later says he received no response. He does so again in July, with the same result.

• April 6: Two fired Libyan security guards throw an IED over the consulate fence.

• May 22: An Islamist attack on the Red Cross office in Benghazi is followed by a Facebook post that warns “now we are preparing a message for the Americans.” Another Facebook posting a month later highlights Stevens’ daily runs in Tripoli in an apparent threat.

• June 6: Unknown assailants blow a hole in the consulate’s north gate described by a witness as “big enough for 40 men to go through.” Four days later, the British ambassador’s car is ambushed by militants with a rocket-propelled grenade.

• July: Anti-Islam video “Innocence of Muslims” posted on You Tube.

• Aug. 14: SST team leaves Libya. Team leader Lt. Col. Andy Wood has testified that Stevens wanted them to stay on.

• In the weeks before Sept. 11, Libyan security guards are reportedly warned by family members of an impending attack. On Sept. 8, the Libyan militia tasked with protecting the consulate warns U.S. diplomats that the security situation is “frightening.”

Checkmate America’s Enemies with New Technology by PETER HUESSY

http://www.familysecuritymatters.org/publications/detail/checkmate-americas-enemies-with-new-technology Defense budgets are declining and America is resetting its security strategy. Many may think it’s counter intuitive to be supporting new defense and homeland security technologies. But during the waning days of the Cold War when defense budgets declined markedly, the research and development we did preserve then gave us the incredible stealth and […]



No citizens would seem to need a strong America more than the Jews, who are once again targeted by aggressors seeking to destroy what they cannot attain. Iran develops the bomb and threatens to annihilate the Jewish state. Fundamentalist-controlled Egypt threatens to abrogate the treaty that cost Israel the Sinai Peninsula. Hezbollah in Lebanon and Hamas in Gaza vie over which is Israel’s more effective enemy, with the latter firing more than 400 rockets into southern Israel so far this year.

Israel rejects having any foreign soldier defend its soil, but no country the size of New Jersey can permanently withstand such disproportionate force without countervailing support from a greater power.

The positive basis for such support was spelled out by Mitt Romney this summer on his visit to Israel: common belief in democracy and the rule of law, common practice of free enterprise, and common freedom of expression that includes the freedom to criticize. The defensive rationale for supporting Israel is that, as Canadian Prime Minister Stephen Harper has put it, “those who single out the Jewish people as a target of racial and religious bigotry will inevitably be a threat to all of us.”


Click here: Townhall: Boring or Slugfest? – Maggie’s Farm
Townhall: Boring or Slugfest?

For those following the campaign, the Townhall is mostly repeat of talking points. For those who haven’t, the collection of talking points may be informative. The questions come from the 82 uncommitted voters from the NY area chosen by Gallup. Their questions reflect a NY perspective. If it were a slugfest, it goes by slight points to Obama, but Obama fails to score big, still has no second term agenda, and Romney holds own well. Each’s supporters got what they wanted. The undecideds? Undecided. — If it were a snooze, we needed more colorful NY-type characters. Probably the most injurious moment to Obama was when a black man who voted for him in 2008 says he has doubts now. Probaly the other most injurious moments to Obama was the number of NY accents and the slant of their questions, a turn off to most of the rest of the country.

Round One, Jobs: Both promise jobs in the future. Romney has experience creating jobs. Obama has had 4-years not doing so.
Round Two, Energy: Obama says oil imports lowest in 20-years. Doesn’t mention depressed economy uses less. Romney points out that all increases in production on private land and despite federal interference and opposition. Obama interrupts Romney repeatedly, showing his inner-Biden. Finally, Romney tells Obama to let him finish speaking. Obama lies and lies.

Round Three, Taxes: Romney will not raise taxes on middle class, and will broaden tax base. Obama channels his inner Occupy, and his Big Bird. Romney says Obama takes US on road to Greece. Candy Crowley keeps interrupting, expected.
Round Four, Women: Obama trots out his grandmother, Ledbetter, government inflating college tuitions through churning out student loans! Romney actually recruited women and accomodated their job and family needs. Obama talks about government benefits that make it easier for women to work. His two daughters should have same opportunities as any man; sure they will with him and Michelle as rich parents. Romney has to use his time from next question to say that he does not oppose contraception.


http://www.gatestoneinstitute.org/3400/changing-the-battlefield The wars against us have not ended – responsibly or otherwise. They are fought by people who need the United States as an organizing principle, and who will not be dissuaded by our absence our reluctance to cooperate with Israel, or the President’s flattery. Separately, the Shiite and the Sunni elements despise one another; […]