Friday, April 27, 2012

Obama's Green Boondoggle Policies

Via John Eidson email-Green Energy Bull


In 2009, President Obama promised that
he would reignite the economy by using
$90 billion in stimulus funding to create
millions of renewable energy jobs.

A big load of
green energy bull?

You decide.

Prior to bankruptcy, federally-backed Beacon Power paid three top execs who supported Obama in ‘08 more than a quarter million dollars in bonuses

Investor’s Business Daily: Obama’s green energy investments continue to fail

Obama administration won’t reveal how many more government-backed energy companies are on the ropes

Taxpayers in Minnesota stuck paying for wind energy they can’t use or sell because of DOE energy mandates

Electric car maker Fisker Automotive got $529 million taxpayer assistance, is now laying off workers

USA Today: Is Fisker Automotive on ropes? Delaware plant “absolutely empty”

Lithium-ion battery firm that landed $118 million federal grant paid $450,000 bonus to CEO prior to declaring bankruptcy

Solar Trust, Inc. goes insolvent within a year of getting conditional $2.1 billion federal loan guarantee

FLASHBACK: Obama touts Spain as shining example of green energy success [VIDEO] BREAKING: Spain's unemployment hits record 24.4%.

REALITY: Madrid university reports that Spain lost 2.2 jobs in overall economy for every green job created

FAST-FORWARD: Spain announces halts to all new green energy projects

Who’s at fault for U.S. green jobs failure? Obama blames Europe

Despite 3 ½ years of serial failures, Obama doubles down on green energy spending

All Americans should be proud that their country had the courage to elect its first black president, but President Obama’s green energy initiative will go down as one of the most costly boondoggles in history.


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