Millions and millions of Americans have built homes and businesses just above sea level, along the Eastern and Gulf Coast seaboards.
According to Obama they didn’t build those businesses, but that isn’t the point. The point is, if you build just above sea level in a region prone to hurricanes, the water will come.
The west coast is much safer, because they don’t have hurricanes.
BREAKING
A trove of over 150 emails released late Wednesday by the House Committee on Oversight and Government Reform reveals crony capitalism at the highest levels of government. The emails show that the loans given to failed companies like Solyndra, Abound Solar, A123, and other failed companies were pushed through for political reasons by Department of Energy (DOE) Secretary Chu, Vice President Biden, and even President Obama himself.
DOE Credit Advisor Jim McCrea wrote in an October 30, 2010 email to his boss at the DOE Loan Program Office (LPO), “I am growing increasingly worried about a fast track process imposed on us at the POTUS [President Of The United States] level based on this chaotic process that we are undergoing.”
And in a June 25, 2010 email, LPO Executive Director Jonathan Silver instructs McCrea, “You better let him know that WH wants to move Abound forward. Policy will have to wait unless they have a specific policy problem with abound.” Abound Solar got its funds, but is now bankrupt.
These emails and many more directly contradict President Obama’s recent claim on Friday October 26, 2012 to a local Denver news anchor, that the Green energy loan decisions are “decisions, by the way, that are made by the Department of Energy, they have nothing to do with politics” and Secretary Chu’s claim that there was “not a whiff” of politics when his staff hands out grants and loans.
The emails go on and on, revealing that Vice President Biden, Secretary Chu, and other high-ranking White House officials consistently pressured career DOE officials to approve loans to politically favored Green energy companies. Many of these now bankrupt companies had close personal ties to the Obama Administration. Research by Marita Noon and Christine Lakotos shows “that at least 90% of the projects had close ties to the White House and other high ranking Democrats.”
http://www.cfact.org/2012/11/01/leaked-emails-detail-obamas-crony-green-capitalism/
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Reblogged this on Climate Ponderings.
Of course the Left Coast is SOOOOO much safer than the other coast lines in this country.
Malibu and Pacific Palisades are perfect examples of how safe it is to build there. Any location that has well posted evacuation routes posted along the roads, due to possible Tsunamis, has to be a safer location than some place where a Atlantic storm might hit.
Er, OK, but personally I’d rather live where I am because I know every year I could be struck by a tornado or a hurricane (I have not had property hit by a tornado yet, though they’ve come close and I have had property damaged by a hurricane even though my property is some 170 miles inland). I don’t know and can’t know when a volcano will erupt or an earthquake strike. There are the occasional risks of fire and flood too, but these are likewise fairly probable each and every year.