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October 11, 2012 | 
Author Or is it 4? Frankly it’s getting hard to keep up with the number of failed green companies that sucked billions of dollars out of the Federal coffers (AKA you, the hapless taxpayer).
In case you haven’t been paying attention here’s the green economy touted by President Obama’s partial score card.
Solyndra : Bankrupt – Loss of 535 Million in Federal Grants
A123 : Bankrupt – Loss of 240 Million in Federal Grants – now being bought out by a Chicom company meaning that we fellow taxpayer – just gave the Chinese a bunch of really expensive manufacturing equipment – dirt cheap.
Abound Solar : Bankrupt – Loss of 70 million in Federal Grants.
Ener1 : Bankrupt - Washington pledged up to $118 million in stimulus funds. Another $80 million in state and local incentives was dedicated to help Ener1 produce cutting-edge battery technology for electric cars and the U.S. military. Now that technology is owned by a Russian tycoon.
Read more here in the link below:
In a January report, Sheryl Attkisson of CBS News counted at least 12 clean-energy companies that were having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five had filed for bankruptcy: the junk bond-rated Beacon Power, Evergreen Solar, SpectraWatt, AES subsidiary Eastern Energy and the now-infamous Solyndra. Now we have a sixth — Abound Solar.
“Hindsight is always 20-20,” Obama told George Stephanopoulos of ABC News after Solyndra closed its doors. “It went through the regular review process. And people felt like this (Solyndra) was a good bet.”
“Under my plan … electricity rates would necessarily skyrocket.”“If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them,”
Yep….Even after 6 turns at bat…..Obama is still…..the ….WORST.PRESIDENT.IN.HISTORY
Posted in A Nation at Risk, China, communism, Democrats, Earth Day, Eco-terrorists, energy, Global warmongering, Idiots, Liberals, marxism, Nutjob, Obama, President, progressive, progressives, Retard, Socialism, Taxes
2 Responses to “Strike Three…”
Hey Bobo, good column, but I think you are mistaken. The worst president in history has to be Millard Fillmore, after all you can blame the whole civil war thing on him. But I would say Obama has now passed Jimmy Carter to become the second worst ever. He would have to be reelected to become the worst ever. And if he does get reelected, I think he has a shot at ‘winning’ the title of Worst Ever.
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