Winners and losers:

Thursday – September 15, 2011

Winners and losers:

When Government steps in and decides who will win and who will lose nobody wins. In the case of the breaking Solyndra scandal, the Obama administration and government authorized nearly half a billion dollars to the company to promote the administration’s green agenda and selected this company to showcase, as its model. Solyndra manufactured solar panels up to about a month ago, when it went bankrupt and 1,100 people lost their jobs. The reason cited was competition from China and a bad business climate, with a reduced market.

The same company applied for federal loans, under the Bush administration and was turned down, because it was considered a high risk. In fact, the approval sources under Bush said that Solyndra would go bankrupt in September of 2011, if it continued down the same path it was going. Guess what it did? This is why the loan was originally turned down.

Under the Obama administration, new documents now show that stimulus money was given under a fast track approval process to Solyndra. There is a fine line between what a loan is and what stimulus money is. With stimulus money winners and losers can be picked.

Many congressional members have said that some of the documents could lead to an investigation of the process that led to the fast tracking in the Obama administration. Some members of Congress are using the impeachment word. Here we go again!

Regardless of how stimulus money made its way to Solyndra, this is clearly the case where the administration wanted to use a company of this kind to show how successful stimulus money can be when applied to promote the presidents ill fated green agenda. This president has committed the number one crime against his country and that is putting his agenda before the country’s well being. This is why this president is sinking in the polls and within his own parties support.

However, we must not ignore the larger picture and that is that government has no business making loans or giving stimulus money to any company especially when the people who are getting the money are political supporters. If government would get out of the business of picking winners and losers the American people would always win. Because, in the end, Obama is not responsible for picking up the tab; the American people are.

The other side of the coin is that the bureaucracy is at fault, because there is layer upon layer of approvals that will insure certain entities get the money even though one layer at the lower end of the food chain turned it down.

The President is out campaigning and is ignoring this scandal that comes at a time where it could be the proverbial nail in his political coffin.

While in Raleigh, campaigning for his jobs bill (another government stimulus), the President said: “If you love me, you gotta help me pass this bill.” In my opinion, this is no way that any president should be talking. I had mentioned this story to a friend of mine today and she said, “Can you imagine if my husband said this in a meeting with General Motors?” This is small story, but it leads up to the bigger picture of this president’s desire to have it his way or no way. It finally defines his narcissistic way. You all know what the results of this combination is 9.1 % unemployment, more job losses, more foreclosures in fact there was a 33% jump in August and, of course, the slow dismal economic growth record.

The government’s arm of control when it comes to job creation is centered on union jobs, and public works jobs. These jobs though needed also become a drain when the tax payer and individual business’s are constantly forced to pick up the tab.

The Senate says we have to be brave, be bold and go big with a new jobs plan. I say being brave, being bold and going big would be to get government out of making jobs and deciding on who the winners are and who the losers are.

I believe we are seeing the beginning of the end of the Presidents support. A lot of the so called “no way speech” that is being aimed at the President is now coming from his own political supporters in Congress and especially the Senate where 28 seats are up for re-election next year.

The problem is that every day we are seeing the results of what happens when a president or any leader is putting self before the country. The country gets hurt and its people get hurt. It doesn’t have to be this way, because no body should pick the winners and losers, except the American consumer. After all, they are still able to spend their money the way they want. Until that day, the government needs to just stay out!

Gregory C. Dildilian
Founder and Executive Director
Pinecone Conservatives

A footnote: There are winners and losers everyday. There are business startups and business closings everyday. However, the ones that always win are the ones that make it on there own, without the governments help. Just look at the stats and follow the money!