Obama’s ‘FDR’ plan exposed?
Many were left to ponder what Barack Obama meant when he used his Democratic National Convention speech last week to call for “the kind of bold, persistent experimentation that Franklin Rooseveltpursued during the only crisis worse than this one.”
Two bestselling authors believe they may have solved that puzzle by uncovering progressive plans for Obama’s second term that may include the re-creation of a 21st century version of FDR’s Works Progress Administrationas part of a massive government-funded jobs program.
During his DNC speech, Obama declared: “It will take more than a few years for us to solve challenges that have built up over decades. It will require common effort, shared responsibility, and the kind of bold, persistent experimentation that Franklin Roosevelt pursued during the only crisis worse than this one.”
The president did not specify which possible methods of “experimentation” he had in mind, but in the recently released book “Fool Me Twice: Obama’s Shocking Plans for the Next Four Years Exposed,” New York Times bestselling authors Aaron Klein and Brenda J. Elliott document second term plans that come right from FDR’s playbook, most prominently an updated version of the WPA within the Department of Labor.
“Fool Me Twice” documents how progressive groups tied to the White House back the 2011 21st Century Works Progress Administration Act. The legislation would “immediately put Americans to work rebuilding our nation and strengthening our communities,” according to its literature.
The 21st century reincarnation of Roosevelt’s WPA would operate under the auspices of a Works Progress Administration created within the Department of Labor and headed by the secretary of labor.
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The bill, proposed by Sen. Frank R. Lautenberg, D-N.J., proposes projects similar to those of the earlier era, including residential and commercial building weatherization; residential and commercial water use efficiency improvement; highway, bridge and rail repair and maintenance; manufacturing projects; school, library and firehouse construction; soil erosion and pesticide runoff prevention; National Park and trail maintenance; and “other projects that are proposed by the eligible departments and determined appropriate by the administration.”
Besides the WPA, “Fool Me Twice” details second-term recommendations to Obama that aim for more government funds to the manufacturing industries, most prominently to the “green” industry.
A seminal report by the de facto policy nerve center of the Obama White House, the Center for American Progress, or CAP, titled “Cutting the Cost of Clean Energy 1.0,” recommends a federal “green bank” for the sole purpose of loaning or granting public funds to so-called clean energy companies.
The report calls for a new “Energy Independence Trust,” which could “borrow from the federal treasury to provide low-cost financing to private sector investments in clean energy.”
Continues the CAP paper: “Our proposed Energy Independence Trust would hold sufficient reserves to protect the Treasury from loan losses and would be able to offer a variety of debt- and equity-based financial instruments, loan guarantees and tax incentives to draw a wave of private capital into the clean energy sector.”
An organization that calls itself the Presidential Climate Action Project, or PCAP, has been working with the Obama administration since the beginning to help craft and implement White House environmental policy.
Following Obama’s victory in 2008, PCAP began working with John Podesta, co chairman of Obama’s transition team, to help the incoming president formulate an initial 100-day environmental agenda. Podesta is president and CEO of CAP.
PCAP’s recommendation is that the Department of Energy should join three other federal agencies – the Department of Housing and Urban Development, the Department of Transportation and the Environmental Protection Agency – in funding what is essentially a progressive slush fund called the Partnership for Sustainable Communities.
The Partnership blandly proclaims it aims to “help communities nationwide improve access to affordable housing, increase transportation options and lower transportation costs while protecting the environment.”
Obama has made “economic fairness” the centerpiece…….