Hi
As you can see by the title of this blog I wonder what is going on with our elected and appointed officials. Let me start by trying to determine which officials are doing the worst job.
First there is Chu, Department of Energy. The so called green loans are a complete travesty of democratic ideals. The stimulus package is doled out to White House cronies and we taxpayers get stuck holding the bag. The secretary gives a loan to a solar panel company when private capital is not available. Mr Chu, "Why do you think private capital is not available? Could it be that the idea of a solar panel company is not viable? Your primary function is to work within the law and protect taxpayers money. After an asinine decision to loan the taxpayer money you then compound the situation. The statute which authorizes the loan places some restrictions on the loan. One of these restrictions is that the government can not hold a second position (lien) on the borrower. Mr Chu, you admitted in your testimony before congress that you disregarded this restriction in order to induce borrowers to invest. You assert that it was needed to raise the additional monies needed. Does the law mean anything to you? You should be ashamed of your action and if I had the power I would have dismissed you during the hearings. The American taxpayer deserves some one who upholds the law, not break it. If you read this Mr Chu please atone. Make things better by resigning.
Even in the face of all the nonsense going on in Washington there are some good, honest and dedicated individuals. I am referring to our brave service people. Please keep them in your prayers.
GOD Bless
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