Obama and the corruptocrats make Navy pay quadruple for “green” fuel
Spending four times as much for biofuels may impress the Democratic Party’s environmentalist special interests. But to Russia’s Vladimir Putin, North Korea’s Kim Jong Il, Iran’s Mahmoud Ahmadinejad and other U.S. adversaries, it will be a sign of weakness and an invitation for aggression.
From IBD Editorials
EXCERPTS:
SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.
It’s part of the White House’s “we can’t wait for Congress” strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, “we can’t wait to go broke.”
As J.E. Dyer noted over the weekend on the Hot Air Green Room, “a member of Obama’s presidential transition team, T. J. Glauthier, is a ‘strategic advisor’ at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked — shock, shock — on the energy-sector portion of the 2009 stimulus bill.”
Solazyme had already gotten a nearly $22 million chunk of change out of the taxpayers thanks to the 2009 stimulus.
And this is only the beginning of this two-for-one bad deal — swindling taxpayers while ravaging national security. Obama’s Agriculture and Energy departments and Navy plan to spend $510 million over three years buying biofuel for military and commercial purposes, bypassing Congress by “leveraging Defense Department procurement.”
Meaner, not greener, is what the U.S. Navy should be getting.
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