A great benefit of being on the Left is never having to apologize … for anything. Such is the case with the Obama administration and their green initiatives. On the heels of the Solyndra fiasco, America’s great emperor is planning on repeating it 15 more times. Pretty easy to waste other people’s money, isn’t it?!
“If you live in reality, you know the world cannot continue its dependence on fossil fuels…” said Rep. Henry Waxman, D-Calif.
YES WE CAN!
Solyndra is just the tip of the iceberg. Check out http://www.foxnews.com for a list of the others.
And there’s a link at Weasel Zippers of Obama spokesman Carney denying that Obama knew anything about Solyndra directly.
Carney: Obama Has Yet To Be Briefed On Solyndra Bankruptcy, “Probably Read Some News Accounts Of It”…
http://weaselzippers.us/2011/09/15/carney-obama-has-yet-to-be-briefed-on-solyndra-bankruptcy-probably-read-some-news-accounts-of-it/
Apparently the business plan was to sell solar panels that cost $6 to make for $3 a pop.
You can bet your birth certificate that ain’t gonna turn a profit, even using leftist math.
I heard an economist on radio today saying each green job costs 3 regular jobs.
Sounds about right to me. Its not a technology that has been refined. It won’t be for years no matter how much money you shove at it. 70’s thinking. Big Government with lots of cash has produced nothing but debt.
Let small business develop more efficient Energy. Mean while start building power plants.
Than watch the jobs appear.
But they’ll make it up in volume, Peter.
The huge cost of these “green” jobs is slowly coming to light: http://pajamasmedia.com/instapundit/127979/ The cost to our economy of all the expensive electricity will come later.
O’belly up possum.
…-
“White House in 2010: Solyndra “Illustration” of How Effective Stimulus Bill Is (With Video)
Searching for evidence that the Obama Administration intentionally blinded itself over the coming collapse of Solyndra, you may just have struck gold.
President Obama visited Solyndra, Inc. in May of 2010 to tout the “innovative” company that was “driving progress” across America. Of course, we all know today that Solyndra has gone belly up, only surviving default two years ago thanks to a massive bailout from President Obama.
Not only did President Obama make a speech on how great Solyndra was, but the White House released an article touting it as one of the greatest businesses in the United States. Most damning, however, is the way that the Administration tied Solyndra to the “Recovery Act,” better known as the Stimulus Act.
The sub-head of the piece declares, “Solyndra: Illustrating a Recovery Act Supply Chain!” It then later ties Solyndra to the Stimulus Bill even more, trumpeting how great the company is:
The Recovery Act’s investment in clean energy is having a ripple effect throughout our economy…Solyndra and Recovery Act investments like this one are helping drive progress across the country.
In fact, the White House was so brazen as to release a promotional video declaring that the Stimulus is responsible for Solyndra:”.
Video here:
http://www.freerepublic.com/focus/f-bloggers/2779084/posts
…-
“The White House Blog
Solyndra: Illustrating a Recovery Act Supply Chain
Posted by Matt Rogers on May 26, 2010 at 12:08 PM EDT
Ed. Note: Read the President’s remarks in California as well as the Vice President’s statement on the new CBO analysis showing the Recovery Act being responsible for up to 2.8 million jobs.
President Obama is in Fremont, California today to visit Solyndra, Inc, an innovative solar panel manufacturer that is building a new facility with funding made possible by the Recovery Act. Here’s a look at what they’re doing:”.
http://www.whitehouse.gov/blog/2010/05/26/recovery-supply-chain
Now up at Drudge, White House pressuring a general to -lie-.
http://www.thedailybeast.com/articles/2011/09/15/lightsquared-did-white-house-pressure-general-shelton-to-help-donor.html
Why don’t Buffett, Soros, Gates and all the other libtard gazillionaires throw their own money at it?
Why do they need to do this with taxpayer subsidies burdened onto the backs of the already buckling middle class?
I mean Hollyweird alone must be able to cover the $500 million wasted, uh, spent, in their CA backyard?
The root of leftard largesse towards ‘the common good’ is always other people’s money.
They are hypocrites by definition.
Stunning incompetence. These people are dumber than Ontario Liberals.
The common good and the greater good are mutually exclusive…little known fact.
For the record, though I drive an electric car, that one is not mine.