Panetta Uses Military Budget to Prop Up Green Energy Firms
May 21, 2012
Panetta Uses Military Budget to Prop Up Green Energy Firms
Credit James Inhofe (R-Okla.) for bringing these matters to the floor of the senate. Senator Inhofe, a senior member of the Senate Armed Services Committee, argued that the expenditures are foolish at a time when the military is facing "devastating cuts."
Senator Inhofe went on to say that while he is in favor of more efficient alternatives to fossil fuels that until such have been developed the military should not be forced to use what is currently on the market which can cost four times as much as fossil fuels.
As Inhofe points out, using the military budget to play venture capital with tax payers money comes at a cost to the effectiveness of our military.
"Which would you rather have? Would you rather spend $4 billion on Air Force Base solar panels, or would you rather have 28 new F-22s or 30 F-25s or modernized C-130s?" he asked. "Would you rather have $64.8 billion spent on pointless global warming efforts or would you rather have more funds put towards modernizing our fleet of ships, aircraft and ground vehicles to improve the safety of our troops and help defend our nation against the legitimate threats that we face?"
Of course, the Obama administration is desperate not to have any more Solyndras. One of the companies which typifies the Obama venture capital escapades into biofuels and which received large Navy contracts in the past, Solazyme, is now on the ropes. And just recently the Obama administration slapped a 31% tariff on solar panels from China to stave off domestic solar panel companies from going belly up. It is a desperate move which an IBD article (5/19/12) dubs the "Solyandra Syndrome" and which may just backfire. And, as Panetta may soon find out, playing venture capital with the US military budget will not be the sort of legacy that brings distinction to a Secretary of Defense.
Read more: http://www.americanthinker.com/blog/2012/05/panetta_uses_military_b...
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Comment by Steven G. Elliott on May 21, 2012 at 9:51am -
What are our UNIC-RINOS in the congress doing about this?
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Comment by Edie Faylor on May 21, 2012 at 10:38am -
I would like to know just what is Panetta's qualifications for being the Secretary of Defense?
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Comment by Johnny Smith on May 21, 2012 at 11:13am -
Forcing the military to be the supporters of unproven technology is just plain stupid, unless you don't care about the military and your only goal is to ruin a nation. Look at that, I answered my own rhetorical question there.
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Comment by Bruce Forster on May 21, 2012 at 11:15am
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I have a new name for him-LEON PATHETIC!
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Comment by Michelle Sites on May 21, 2012 at 4:05pm
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@Ray, the Chinese own property all over America. They are getting ready to set up a 'city' in Boise, near their airport....exactly like they have in their own country. I read an article about it a few days ago. They are also working on doing the same thing in several other states, wish I remembered which ones they were.
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Comment by Clois Beckwith on May 21, 2012 at 7:52pm -
This is truely pathetic. and this man is in charge of DEFENSE for this country....and using TAX-PAYER funds to keep BO's green energy ALIVE??? Come on, Fire this ASS.
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Comment by TONY SALAZAR on May 21, 2012 at 8:50pm -
Leon Panetta was born in Monterey, California, the son of Carmelina Maria and Carmelo Frank Panetta, Italian immigrants from Siderno in Calabria[5] who owned a restaurant in Monterey. He was raised in the Monterey area, and attended Catholic schools San Carlos Grammar School and Carmel Mission School. He continued his education at Monterey High School, a public school where he became involved in student politics, and was a JSA member.[6] As a junior he was Vice President of the Student Body, and became President of the Student Body as a senior.[7]
In 1956, he entered Santa Clara University, and in 1960 he graduated magna cum laude with a Bachelor of Arts in Political Science. He also received a Juris Doctor in 1963 from the Santa Clara University School of Law. In 1964, he joined the United States Army as a Second Lieutenant, where he served as an officer in Army Military Intelligence.[8] There he received the Army Commendation Medal, and was discharged in 1966 as a First Lieutenant.[9]
Political career
Panetta started in politics in 1966 as a legislative assistant to Republican Senator Thomas Kuchel, the United States Senate Minority Whip from California, whom Panetta has called "a tremendous role model".[10]
In 1969 he became the assistant to Robert H. Finch, Secretary of the United States Department of Health, Education, and Welfare under the Nixon administration. Soon thereafter he was appointed Director of the Office for Civil Rights.[11]
Panetta chose to enforce civil rights and equal education laws.[citation needed] Secretary Robert Finch and Assistant Secretary John Veneman refused to fire Panetta, threatening to resign if forced to do so.[citation needed] A few weeks later in 1970, Panetta resigned and left Washington to work as Executive Assistant for John Lindsay, the Republican Mayor of New York City. He wrote about this experience in his 1971 book Bring Us Together."
He moved back to Monterey to practice law at Panetta, Thompson & Panetta from 1971 through to 1976.[12]
Congressional work
Panetta switched to the Democratic Party in 1971, because he thought that the Republican Party was moving away from the political center
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Comment by Daniel LaPointe,Capt.USMM on May 21, 2012 at 10:29pm
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TREASON! Also HATCH ACT violations (not only persons but corpations if found guilty face disolution!). God Bless Senator James Inhoffe (R-Okla) (our prayers God speaks through you. Like the truth of Fatima our country founded in Gods name and truth needn't be sullied by such). Book-em-Dano!
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Comment by Clois Beckwith on May 23, 2012 at 5:32pm
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Stephan, our Rino-GOP is doing absolutely "NOTHING" but stalling, thinking they are going to be in charge of super-majorities in the Senate and the House and a change in WH leadership....That is what is happening......NOTHING, NOTHING, NOTHING, I am sorry, they are waiting on "AGENDA 21". This is so much better for them and I am being so damn sarcastic.
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