Wednesday, October 12, 2011

"American Dream" being launched by Progressives; Planned Parenthood being investigated; Obamacare followed Romney's health care law; Occupy Wall St. accepting donations; Progressive organizations in on Occupy Wall St.; Occupy DC demonstrates in Senate office building; Stimulus w/o Congressional authorization being planned; SunPower is twice as bad as Solyndra; Occupy Boston rallies for accused terrorist; " Occupy" groups share some Tea Party values;

Red Broward reports:, George Soros and Van Jones have concocted another scheme to duplicate the genuine grassroots success of the Tea Party Movement.
Their latest bit of AstroTurf, dubbed “AMERICAN DREAM” is coming to your town soon. MoveOn is emailing members asking asking them to host house parties in July:
“On July 16 and 17 we’re organizing American Dream house meetings to shape the Contract and set our priorities. Our goal is to have at least one meeting in each of the 435 congressional districts and we’re still looking for people to host meetings in Fort Lauderdale.”
  • Life News reports:  A Congressional committee has taken the first steps in investigating the Planned Parenthood abortion business over abuses ranging from financial disparities to its compliance with federal regulations on taxpayer funding to concerns that it is covering up cases of sex trafficking. In a September 15 letter obtained, Rep. Cliff Stearns, a Florida Republican who is the chairman of the House Committee on Oversight and Investigations, writes to Cecile Richards, the president of Planned Parenthood.
    “Pursuant to Rules X and XI of the United States House of Representatives, the Committee on Energy and Commerce is examining the institutional practices and policies of the Planned Parenthood Federation of America (PPFA) and its affiliates, and its handing of federal funding,” Stearns writes. “That Committee has questions about the politics in place and actions undertaken by PPFA and its affiliates relating to its use of federal funding and its compliance with federal restrictions on the funding of abortion.”
  • MSNBC reports: Newly obtained White House records provide fresh details on how senior Obama administration officials used Mitt Romney’s landmark health-care law in Massachusetts as a model for the new federal law, including recruiting some of Romney’s own health care advisers and experts to help craft the act now derided by Republicans as “Obamacare.”

ABC News reports: Money might not make the world go round for the protesters in New York City’s  Zuccotti Park, but it’s certainly starting to help. The movement, which has been described as “organized anarchy” with no presiding leader, has its very own finance team to handle the influx of donations —  which totaled more than $50,000 Tuesday — the group has received. The money is now being kept in a credit union account at the Amalgamated Bank.
“[It's a sign] we’re growing very fast,” said Bre Lembitz, a senior economics major at Clark University who is spending this semester working with Occupy Wall Street after her internship fell through.
Lembitz said the move to a bank has made it easier for the group to accept  larger donations.
The money was previously kept in pots, which were used to collect money from passersby sympathetic to the cause.
CNN Money writes: Community groups and progressive organizations that have been working with the broader Occupy Wall Street movement in New York marched Tuesday to the homes of JP Morgan Chase (JPM, Fortune 500) CEO Jamie Dimon, billionaire David Koch, hedge fund honcho John Paulson, Howard Milstein, and News Corp (NWSA, Fortune 500) CEO Rupert Murdoch.
The millionaires and billionaires were targeted for what event organizers called a "willingness to hoard wealth at the expense of the 99%."
The march was organized by UnitedNY, the Strong Economy for All Coalition, the Working Families Party and New York Communities for Change.
My Fox DC writes: About a hundred anti-establishment protestors held a noisy demonstration in the lobby of the Hart Senate office building, Tuesday, around lunchtime.
A half dozen were arrested, according to U.S. Capitol Police for “unlawful conduct – demonstrating in a capitol building.”

A large contingent of police officers was on hand.
At 11:29 a.m., one group on a balcony unfurled a banner reading “tax the rich,” and almost all the protestors began a series of chants.  Among the chants: “end the war, we are the 99%, we will not be ignored.”
Real Clear Politics writes: "Scour this report, identify all those areas in which we can act administratively without additional congressional authorization and just get it done," President Obama said today to a "Jobs Council" meeting.

SunPower: Twice As Bad As Solyndra, Twice As Bad For Obama

A photovoltaic solar panel ranch similar to the California Solar Valley Ranch under construction by SunPower in the state's San Luis Obispo County. The $1.2 billion loan guarantee to support the project was finalized in hours before the loan program expired Sept. 30. The company announced Aug. 5 that it will build the panels for the ranch at a new factory it will open in Mexico.
DOE photo
How did a failing California solar company, buffeted by short sellers and shareholder lawsuits, receive a $1.2 billion federal loan guarantee for a photovoltaic electricity ranch project—three weeks after it announced it was building new manufacturing plant in Mexicali, Mexico, to build the panels for the project.

The company, SunPower (SPWR-NASDAQ), now carries $820 million in debt, an amount $20 million greater than its market capitalization.  If SunPower was a bank, the feds would shut it down.  Instead, it received a lifeline twice the size of the money sent down the Solyndra drain.
Redstate writes: Occupy Boston, the Boston branch of the Occupy Party, hosted a rally yesterday supporting accused terrorist Terak Mehanna.
The U.S. government says Mehanna, 28, provided “material support to a designated foreign terrorist organization,” and acted as a “media wing” for al-Qaeda.
It’s one thing not to know what you are protesting as some Wall Street occupiers told Reason TV and the organizer of the Sacramento “demonstration” put on by the Sacramento branch of the Occupy Party told CBS13 reporter Tony Lopez. It is something else all together to rally in support someone accused of providing material support to a designated foreign terrorist organization.

Conservative Action Alerts reports: While reading some of the incoherent demands of the unwashed, brain fried, greedy, smelly and jealous miscreants occupying Wall Street plus areas of other cities.  I notice the demands sound similar, in some part, to the Tea Party values.

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