Four years have passed since President Obama visited Kansas City’s main airport, rolled up his shirt sleeves and admonished the skeptics who said Smith Electric Vehicles was unlikely to make good on its promises to build 510 experimental electric-powered trucks and buses suitable for commercial use.
“Come see what’s going on at Smith Electric,” the president said, inspecting a table full of bright green truck batteries in what was once a maintenance hangar for TWA. “I think they’re going to be hard-pressed to tell you that you’re not better off than you would be if we hadn’t made the investments in this plant.”
The skeptics turned out to be right.
Despite $32 million in federal stimulus funds and status as one of Obama’s favorite “green” companies, the firm has halted production, having built just 439 of the promised 510 vehicles.
Gee, “just” 439 out of 510? That happens to be “just” 86 percent, for those of you playing along at home (and the story also tells us that production of the vehicles may resume this summer…money is slow in the pipeline these days, and that’s definitely affecting manufacturing, among other industries).
I’m not going to say much about the “follow the money” stuff in the linked Washington Examiner story (from Fox), alleging that Smith “stiffed” the “Missouri University of Science and Technology, the state government, and a local electrical supply company, as well as its landlord, the Kansas City city government.” Also adding to the complicated financial picture is the fact that Smith is apparently an American subsidiary of a British firm. The Examiner article alleges impropriety, but upon a couple of reviews, I think there’s no “there” there (sounds to me like some financial stuff that would be normal for a lot of other established firms…I’m open to an opposing point of view on that one).
I mainly want to point out that how the wingnuts have been attacking the Obama Energy Department and their loans to electric car manufacturers for a little while now, including here where the number of companies that applied for loans versus the number that actually received DOE loans was flipped on purpose (all part and parcel from this playbook).
Actually, this issue gives me an excuse to plug this great documentary from a few years ago, telling us that, among other things, we were on track for electric cars in this country before a certain President With The Highest Disapproval Rating In Gallup Poll History sent us on a merry goose chase in search of hydrogen cars (more on him later; of course, hybrid vehicles are flourishing now also – good news on that front).
The truth is that, leaving aside all this bravado about happy demographics and the disunion of Republicans, Democrats are scared out of their minds right now. The House is solidly out of reach. The Senate is slipping away. And the White House could be close behind, especially if Clinton doesn’t run, and if Republicans can rally around a credible candidate.
I’ll admit that the odds are long on the Dems retaking the House, but I think it’s premature at best to say that such a goal is “out of reach,” partly for the reason noted here.
And as far as the Senate “slipping away,” this tells us that, among other things, Terri Lynn Land in Michigan and former Dubya confidant/Repug lobbyist Ed Gillespie in Virginia aren’t faring too well (and while Sen. Mr. Elaine Chao has pulled out close races before, he’s not currently in a comfortable spot with Dem candidate Alison Lundergan Grimes – the slime is already at work, of course…I Googled Grimes and the first hit I got was a site proclaiming her a liberal, naturally, as well as “Obama’s Nominee for Kentucky”…OOOGA BOOGA, WINGNUTS! Blow that dog whistle a little louder, OK?).
In addition, I give you the following from kos here…
Republicans are acting as if they’ve already won control of the next Senate, and the media appears happy to play along.
But despite tens of millions of dollars in attack ads and the right wing’s religious certainty that ObamaCare will ride them to victory, a race-by-race look reveals that Democrats aren’t only competitive in this November’s Senate elections — they’re steadily improving.
The math is simple: Republicans need to win six seats to take control of the Senate, and are prohibitive favorites in two Democratic-held seats: South Dakota and West Virginia. That means they have to win four of the six competitive Democratic seats — Alaska, Arkansas, Louisiana, Michigan, Montana and North Carolina — while holding on to two endangered GOP seats in Georgia and Kentucky.
On the macro level, Republicans are banking that discontent over the Affordable Care Act and President Obama’s unpopularity will prove the keys to the majority. In both cases, the trends aren’t in the GOP’s favor.
In Gallup polling, Obama’s unpopularity peaked in mid-February, with a 41 percent job approval rating and 54 percent disapproval rating. Early this week, that number was 45 percent approval to 49 percent disapproval, a 9-point shift.
Similarly, the stunning early ObamaCare success — 8 million signups on the exchange and still counting — has already led to improving poll numbers across the board, like the ABC/Washington Post poll showing support of the law at 49 percent to 48 percent against. In November, the numbers were 40/57.
I think those numbers are also borne out by this.
And speaking of Senatorial races, it looks like “Wall Street Scott” Brown isn’t faring too well either (here, engaging in more trickery), despite Bai’s efforts to inflate his candidacy here – second bullet.
The Obama administration has quietly adjusted key provisions of its signature healthcare law to potentially make billions of additional taxpayer dollars available to the insurance industry if companies providing coverage through the Affordable Care Act lose money.
The move was buried in hundreds of pages of new regulations issued late last week. It comes as part of an intensive administration effort to hold down premium increases for next year, a top priority for the White House as the rates will be announced ahead of this fall’s congressional elections.
Administration officials for months have denied charges by opponents that they plan a “bailout” for insurance companies providing coverage under the healthcare law.
They continue to argue that most insurers shouldn’t need to substantially increase premiums because safeguards in the healthcare law will protect them over the next several years.
I’m automatically suspicious of this story because there are no links to source material that confirms this accusation. Even if it were true, though, I think the following should also be noted (here)…
The distortion that risk corridors are an insurance company bailout is a frequent theme (not just on Fox but in conservative media generally), but this latest narrative is especially misleading. What the Fox hosts failed to acknowledge is that the estimated $5.5 billion payment doesn’t come from taxpayers, but from the insurance companies themselves. The risk corridor provision transfers money from insurance companies with healthier risk pools to companies with less healthy risk pools with higher than anticipated costs.
While the federal government may be required to subsidize some of the payment in extreme circumstances, White House officials expect that the entire risk corridor cost over the next year will be borne by the insurance companies themselves.
And as long as we’re talking about risk corridors, this reminds us that those in the Affordable Care Law are temporary. On the other hand, those in the Medicare Part D scam under Number 43 are permanent (Heaven forbid that conservatives don’t applaud the intrusion into this supposedly sacrosanct, glorious-private-sector concoction…no such complaints about the “corridors” from 2006, of course).
With the Department of Veterans Affairs coming under attack, meanwhile down in Texas, on the ranch of the former president, another way was being shown to support our vets. This past week former President George W. Bush brought together wounded veterans and active soldiers to honor them with a mountain bike ride. The message was clear – even when you leave active duty, we will still care for you.
This from the individual who was taking up space in An Oval Office when the Walter Reed Hospital VA scandal was taking place, and of course the Foxies had precious little to say about it as opposed to the braying they’re doing right now, as noted here.
(Also, this Fox screed was concocted by Dr. Marc Siegel, who last wrote about “typically unselfish” Number 43 here and the questions surrounding Dubya’s stent procedure – fourth bullet.)
And as long as I’m talking about Siegel’s piece, I give you another excerpt…
“Some of the people riding mountain bikes here have PTS (post-traumatic stress),” Bush said. “Mountain biking is helping them get back to as normal a life as possible. And that’s not a VA function, its a private sector function.”
God, what a baboon – helping our vets isn’t just a “private sector” function – it’s a “function” for everyone whether they’re in public life or not!
The scandal (yes, Repugs, a legitimate one – at long last, your dreams have come true!) of what is taking place with our veterans and providing the care they need is a bipartisan one, I’ll admit (well, maybe their dreams haven’t come true after all). And I don’t know if Gen. Eric Shinseki should resign as head of the VA or not. If he does, I hope it will not be just in response to a typical attack of conservative umbrage and, at the very least, an administrator at least as competent as Shinseki will be able to transition into the job relatively smoothly (that will make a big difference in how quickly our veterans receive care also, which should of course be the most important consideration). All I’m saying is that we should have a little perspective.
You want to go after Shinseki? Fine. But let’s remember that the reason so many veterans require care is because of two wars that weren’t started on Obama’s watch (and, in the case of Dubya’s Not So Excellent Adventure in Iraq, this should have been an anticipated consequence of “the surge,” again, before Obama was sworn in).
And you want to talk about a VA scandal and a certain president? Let’s not forget the following:
This tells us about Daniel Cooper of the Bush VA and how he thought his Bible study was more important than taking care of our wounded heroes (along with Dubya’s remark about battle being “romantic”). This tells us how Cooper’s one-time boss Jim Nicholson approved $3.8 million in bonuses for VA executives even though the VA had underestimated the number of Iraq war vets who were expected to seek medical treatment in 2005 by nearly 80,000. And among other things, this (a column from 2007 by Paul Rieckhoff, Executive Director of Iraq and Afghanistan Veterans of America), tells us that, for years under Dubya, PTSD was misdiagnosed as a “personality disorder” (the column has to do with the nomination of Lt. Gen. James Peake, M.D., to head the VA after Nicholson’s departure).
So there’s a lot more all of us can do to pay better attention to our veterans who have sacrificed (and in many cases, continue to sacrifice) for us. And sure, if Obama’s wretched predecessor wants to host a bike run or a golf tournament for them (which still sticks in my craw because of this, and this), then I have to admit that he deserves a bit of credit too, even though he was overwhelmingly responsible for the wars they had to fight that led to the death and injury of our personnel.
Update: Uh, yep.
In response, this tells you that “Man Tan” Boehner has pissed away just about $5 billion in economic gains due to refusing to renew an extension to unemployment benefits.
Are you disgusted by that? Good. Click here.