The total set aside by the Obambi administration for Green Energy businesses was $80 Billion. We’ve heard about Solyndra, Fisker, and A123 among some of the bigger ones. However, there are a total of 34 companies on this list totaling $3.770 Billion in taxpayer funded loans. Admittedly, that is only 1/2 of 1% of the total. But, given that we are talking BILLIONS that still is no chump change when it comes to our taxes. I found the list here. We can’t afford having the government pick and choose who the winners and losers are. Given that Global Warming has been debunked and we now find out that there has been absolutely no global warming over the last 16 years – this is plain ridiculous.
The complete list of faltering or bankrupt green-energy companies:
- Evergreen Solar ($25 million)*
- SpectraWatt ($500,000)*
- Solyndra ($535 million)*
- Beacon Power ($43 million)*
- Nevada Geothermal ($98.5 million)
- SunPower ($1.2 billion)
- First Solar ($1.46 billion)
- Babcock and Brown ($178 million)
- EnerDel’s subsidiary Ener1 ($118.5 million)*
- Amonix ($5.9 million)
- Fisker Automotive ($529 million)
- Abound Solar ($400 million)*
- A123 Systems ($279 million)*
- Willard and Kelsey Solar Group ($6 million)*
- Johnson Controls ($299 million)
- Schneider Electric ($86 million)
- Brightsource ($1.6 billion)
- ECOtality ($126.2 million)
- Raser Technologies ($33 million)*
- Energy Conversion Devices ($13.3 million)*
- Mountain Plaza, Inc. ($2 million)*
- Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
- Range Fuels ($80 million)*
- Thompson River Power ($6.5 million)*
- Stirling Energy Systems ($7 million)*
- Azure Dynamics ($5.4 million)*
- GreenVolts ($500,000)
- Vestas ($50 million)
- LG Chem’s subsidiary Compact Power ($151 million)
- Nordic Windpower ($16 million)*
- Navistar ($39 million)
- Satcon ($3 million)*
- Konarka Technologies Inc. ($20 million)*
- Mascoma Corp. ($100 million)
Well if there was any doubt in the first place concerning the intelligence of some Obama supporters this should serve nicely to dispel that…
Really? After watching that I could only think of one thing….
“Tis better to remain silent and be thought a fool, then to speak out and remove all doubt”.
Abe Lincoln 16th President of the United States.
OK – The Evil Clown shamed me into it, so here it goes – I’ll opine.
One of the most personally annoying talking points I keep hearing is how the president is some steward of “jobs creation”
How’s that work – The POTUS walks into a HR department over at Acme tools and says:
“You shall Hire Joe and Jill – You shall Hire Bob and Betty - and don’t forget their Union bennies either damn it!! So I decree so it shall be!!”
Okay all snarky-ness aside – I’ve long held that the president himself can do little to create or destroy jobs – perhaps he has some impact via certain initiatives to cause companies to not hire – i.e Obamacare – Or perhaps public works like FDR did – and that can cause uncertainty in the job markets but factually there isn’t much a sitting president can actually do to “create” a job. It’s a red herring for talking heads and Sunday morning political “experts” to bandy about – but in reality it serves as a useless metric of a presidents accomplishments. Jobs are created in the marketplace – Not the Whitehouse.
Okay now that we got that out of the way – This musing of mine on Presidents and Jobs Creation comes from a passing comment on a local news web page where an Obama Supporter was adamantly defending Obama and his record. No seriously; there is someone out there actually defending this yahoo. You just can’t make this crap up folks!!
One of the poster’s points in support of Obama and his Jobs Creation was:
“Obama has <beep> created more <expletive deleted >jobs in 4 years than <expletive deleted> G.W. Bush did in <beep> 8 !!!11eLEVENTY!! ” (at which point I advised the excitable poster to calm down – all that angst is bad for the ol ticker don’t ya’ know.)
Which of course I had to think about that astounding claim for all of about …. .9999 nano seconds before I shredded his argument. It reminded me of playing that old game Battleship
Of course Obama numerically can boast that he created more jobs than G.W. that is true.
But why is it true?
At this point I have to admit I was shooting at a sail boat with what amounted to the USS New Jersey but hey no one ever accused my swashbuckling pirate ass of being nice….
Anchors aweigh Boys…time to sink the Bismark – Er – belay that…. it’s the “Good Ship Rainbows and Unicorn Farts” !!
I asked our intrepid Obamaphil -” Could it be perhaps One, that the job numbers my oh so ardent Obama fan is claiming the POTUS to have “created” is simply no more than jobs that are gradually coming back in a still very uncertain recovery”?
B-14 – hit!
“And Two, those jobs that are slowly coming back have taken 4 long years and still we see 8+ % unemployment – why is that?? Answer – Because job creation is not even keeping pace with new prospect employees entering the work environment”.
B13 – Hit!
Those two points are true as well but as the poster scrambled to shore up his already sinking battle ship….I let go with a full on broadside…. I do fear I made the hapless poster wet his britches when I pointed out:
“Or perhaps it is simply a case of..The simple fact of the matter is from around 2002 – right up until late 2006 Unemployment was hovering around 4% .
B-12 – Hit!
“That, in case you’re wondering is what econo-weenies call “full employment” based on the fact that that 4% of the population that isn’t working – chooses not to or can’t. Ergo there were NO jobs for G.W. Bush to create“.
(Assuming of course you buy into the whole the President Creates Job meme).
OH NOES!! YOU SANK MY BATTLESHIP!! AAAAAOOOOOGA – Abandon Ship – Women and Children First!!
Ah!! So solly challie maybe you go Singapore next time – find you girl love you long time eh?
Or – I guess you can keep voting for Obama??!
We’ve said it before, and we’ll say it again – Obama hates our staunchest allies in the Middle East – Israel. If it were up to him – he would have all the Jews leave their God-given promised land and hand it over to those Paleoswinians.
h/t to The Drudge Report
Exclusive: U.S. Scales-Back Military Exercise with Israel, Affecting Potential Iran Strike
Seven months ago, Israel and the United States postponed a massive joint military exercise that was originally set to go forward just as concerns were brimming that Israel would launch a strike on Iran’s nuclear facilities. The exercise was rescheduled for late October, and appears likely to go forward on the cusp of the U.S. presidential election. But it won’t be nearly the same exercise. Well-placed sources in both countries have told TIME that Washington has greatly reduced the scale of U.S. participation, slashing by more than two-thirds the number of American troops going to Israel and reducing both the number and potency of missile interception systems at the core of the joint exercise.
“Basically what the Americans are saying is, ‘We don’t trust you,’” a senior Israeli military official tells TIME.
The reductions are striking. Instead of the approximately 5,000 U.S. troops originally trumpeted for Austere Challenge 12, as the annual exercise is called, the Pentagon will send only 1,500 service members, and perhaps as few as 1,200. Patriot anti-missile systems will arrive in Israel as planned, but the crews to operate them will not. Instead of two Aegis Ballistic Missile Defense warships being dispatched to Israeli waters, the new plan is to send one, though even the remaining vessel is listed as a “maybe,” according to officials in both militaries.