9th Obama green boondoggle – battery company in trouble

February 28, 2012 09:15

“Despite $390 MILLION in taxpayer subsidies” – Are we INSANE? Billions are being flushed down Obama’s “green” scheme toilet. How many billions will we let Obama give to these green schemes. $16 Billion of the $20 billion in “green” company loans has gone to companies with ties to Obama or his campaign supporters. Its a big green slush fund for campaign cash. Time to run this bunch of Marxist corruptocrats out of Washington and back to Chicago where they like this king of political corruption.

Obama used Spain’s green initiative as a blueprint for how the United States should use federal funds to stimulate the economy. Obama’s economic stimulus package allocated billions of dollars to the green jobs industry. Much of that has been wasted as Solyndra and and several other “green” companies have filed bankruptcy.

Spain’s unemployment reached 22.8% which is the highest in 17 years. The “green” jobs myth helped cause the problem.

A study released in January of 2010 showed that every “green job” created with government money in Spain over the previous eight years came at the cost of 2.2 regular jobs, and only one in 10 of the newly created green jobs became a permanent job. The study draws parallels with the green jobs programs of the Obama administration.

We have a president who promised a plan that would ‘skyrocket’ electricity rates, an EPA that bases its illegal and tyrannical power grab on fraudulent data and suppressed any dissent, and an administration that is collectively working to ruin the oil, steel, coal, and cement industries. An administration that ignores the will of the people and its congress and seems to be doing all it can to destroy jobs and the economy while promising to make jobs and economic growth its first priority. Are we going to believe what they say or what they do?

Help Make A Difference By Sharing These Articles On Facebook, Twitter And Elsewhere: