Obama is sending green jobs to Finland, Malaysia, or Mexico and billions of our tax dollars to Spain, Britain, and even China.
Post Tagged with: "DOE loans"
Is Obama Fooled by Warming Hoax or Fooling YOU? No Warming for 16 Years!
Obama continues to push the climate hoax as cover for his green corruption that has put literally billions of borrowed taxpayer dollars into the greedy hands of Obama campaign supporters. Today ANOTHER “green” company, A 123 Systems, filed bankruptcy after receiving $249 million in taxpayer guaranteed loans.
Beacon Bust Tied to Obama Bundler
It turns out that 21 firms represent the 26 projects (the 7%) that were funded by the DOE’s 1705 Loan Guarantee Program, of which 23 were junk rated.
How Democrats Say “Crony Corruption” in Spanish: Abengoa
So how did such a poorly rated, non-American company get billions in US taxpayer loan guarantees? Can you say “crony corruption?” – Townhall.com
Emails prove Obama gave 500 MILLION taxpayer dollars to campaign bundlers
Reelected? Obama should go to jail. Paying off campaign supporters with $500 MILLION taxpayer dollars that have to be borrowed even over the objections of his own administration is such a travesty of justice and such blatant bribery that Obama and Lew and everyone else involved should go to prison.
Obama’s green “investments” drown in red ink
Obama is “creating jobs” at 922 percent of the private sector’s cost. Thus, for every green job that Obama supposedly spawns with taxpayer dollars and borrowed Chinese money, private enterprises could hire nine people.
Green Graveyard of Taxpayer-Funded Failures
These green government “investments” take from one (by taxing or borrowing) and give to another, but they merely move money around. They do not create jobs.
Guaranteed Failure: D.O.E big green loans fund big Obama donors
Yet these loan programs remain popular with Congress and the executive branch. That’s because in general most of the financial cost of these guaranteed loans will not surface for many years…. can approve billions of dollars to benefit special interests with little or no immediate impact to federal appropriations ..
ANOTHER Obama green scheme goes bust
Abound Solar joins the growing list of Obama’s green dreams gone bust. Very few permanent green jobs were created under Obama’s green dream loan programs. The jobs that were created bilked taxpayers for $6.7 million cost per job. Now that’s a jobs plan!Can we afford four more years of economic suicide?
Obama “green energy” bankruptcy of the day
Abound had borrowed about $70 million against these loan guarantees. That would have bought a lot of health care for poor people, but the Obama Administration blew it on solar panel junk instead. – Human Events