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	<title>Conservative Daily News &#187; SunPower</title>
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		<title>Dartboard Vetting</title>
		<link>http://www.conservativedailynews.com/2011/10/dartboard-vetting/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=dartboard-vetting</link>
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		<pubDate>Sun, 23 Oct 2011 19:59:35 +0000</pubDate>
		<dc:creator>Michelle Ray (twitter: @GaltsGirl)</dc:creator>
				<category><![CDATA[Featured]]></category>
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		<category><![CDATA[Alstom]]></category>
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		<guid isPermaLink="false">http://conservativedailynews.com/?p=24492</guid>
		<description><![CDATA[If you aren&#8217;t furious, you aren&#8217;t paying attention. In case you&#8217;ve missed it, your money has been the fodder for some of the most poorly vetted investments ever, and not by Wall Street or the banking industry. Thanks in part to this article by Doug Stewart ( @dmatthewstewart on Twitter) and further conversation on the [...]]]></description>
				<content:encoded><![CDATA[<p><img src="http://conservativedailynews.com/wp-content/uploads/2011/10/dartmoney-150x150.jpg" alt="" title="dartmoney" width="150" height="150" class="alignleft size-thumbnail wp-image-24498" /> If you aren&#8217;t furious, you aren&#8217;t paying attention. In case you&#8217;ve missed it, your money has been the fodder for some of the most poorly vetted investments ever, and not by Wall Street or the banking industry.</p>
<p>Thanks in part to <a href="http://news.yahoo.com/energy-department-repeat-solyndra-mistakes-alstom-204900701.html" title="Will Energy Department Repeat Solyndra Mistakes with Alstom?" target="_blank">this article</a> by Doug Stewart ( <a href="http://twitter.com/#!/dmatthewstewart" title="Doug Stewart on Twitter" target="_blank">@dmatthewstewart on Twitter</a>) and further conversation on the growing list of failed Green energy investment projects during a <a href="http://www.blogtalkradio.com/cdnews/2011/10/21/mitchell-ray-douglas-stewart-dartboard-vetting-and-more" title="Mitchell &#038; Ray w/ Doug Stewart" target="_blank">recent interview </a>, I have become completely convinced that vetting, if any, for funding potential Green energy products was performed by a few guys eating pizza and throwing darts at applications taped to the wall.</p>
<p>While not the first project to fail miserably, even after an injection of stimulus funding, <a href="http://www.bloomberg.com/news/2011-09-12/obama-team-backed-535-million-solyndra-aid-as-auditor-warned-on-finances.html" title="Solyndra" target="_blank"><strong>Solyndra</strong></a> is probably the the poster child for failed vetting and cronyism, that are apparantly the norm for deciding where to spend taxpayer dollars. Add in <a href="http://www.nationalreview.com/articles/279802/america-s-worst-wind-energy-project-robert-bryce" title="America's Worst Wind Energy Project" target="_blank"><strong>Shepherds Flat</strong></a> ( which, we don&#8217;t even *need* to fund since GE HAS the capital!) ,<a href="http://www.humanevents.com/article.php?id=46761" title=" SunPower: Twice As Bad As Solyndra, Twice As Bad For Obama" target="_blank"> <strong>SunPower&#8217;s PAC action win</strong></a> , the EPA approved <a href="http://foxnewsinsider.com/2011/10/19/blog-truck-stop-that-received-over-400000-in-stimulus-funds-goes-bankrupt/" title="TR Auto Truck Plaza" target="_blank"><strong>TR Auto Truck Plaza</strong></a> mess, The failed job delivery and inanity of the <a href="http://www.americanthinker.com/2011/10/will_fisker_motors_be_another_solyndra.html" title="Fisker Motors" target="_blank"><strong>Fisker Motors</strong></a> investment, the likely march of the <a href="http://nlpc.org/stories/2011/10/17/chevy-volt-demand-reality-sucks" title="Reality Sucks for Chevy Volt Sales" target="_blank"><strong>Chevy Volt</strong></a> into both fiscal and progressive failure, and the likelihood that Doug is correct about <strong>Alstom</strong>, and you have a laundry list of failures that exceeds anything that can be pinned on the private sector. Each of these investments inherently contained an easily verifiable history of risk that should have been a red flag for any review panel, if they had bothered to check into them at all ( or hadn&#8217;t been told to ignore the flags) I&#8217;d be willing to bet that the woodwork is crawling with plenty more evidence of the complete waste of taxpayer money due to non-existent vetting processes.</p>
<p>Johnathan Silver, the Energy Department&#8217;s loan program director, has <a href="http://www.politico.com/news/stories/1011/65370.html" title="DOE loan program official Jonathan Silver steps down  Read more: http://www.politico.com/news/stories/1011/65370.html#ixzz1bdS2XBZe" target="_blank">stepped down</a>, most certainly as a sacrifice to the indignant, but there needs to be full on public rage at this outright failure and deception by our government to even attempt responsibility with our economy. Silver&#8217;s resignation is an appeasement offering, and I am not appeased. It&#8217;s time to take the dartboard away and for us to get more involved in keeping an eye on our money. I have an idea of a replacement past-time..<br />
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