Crony capitalism and Obama’s big new national defense idea
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(Paul Mirengoff) In his speech to the VFW today , Mitt Romney derided President Obama’s defense policy as follows: “When the biggest announcement in his last State of the Union address on improving our military was that the Pentagon will start using more clean energy – then you know it’s time for a change.” Romney might have added that Obama has used his “clean energy for the military” policy to line the pockets of at least one big Democratic political supporters. Thus, we learn from Wynton Hall at Big Peace that the United States Air Force spent $639,000 on 11,000 gallons of alcohol-to-jet fuel from Gevo Inc., a Colorado biofuels company, at $59 a gallon . The cost of petroleum is presently $3.60 a gallon, and one imagines that the government can use its purchasing power to get a considerably lower price than that. So why pay $59 per gallon?
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