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.
So I stand corrected…its now Six failed Green Energy companies and 6.5 Billion dollars – that’s Billion with a “B” gentle reader and exactly .. Z-E-R-O in return.
Well perhaps not exactly ZERO – after all most of these failed companies have a very common thread. They are all Obama Campaign contributors…. So somebody got a return on his investment…that would be: Obama, a Russian Tycoon, and a Chinese Communist.
Hey …..Loosing your home? Lost your job? Economy sucks? Gas costing you 6.00 bucks a gallon and taking food out of your kids mouth?? Electric Bill sky rocketing?
Don’t fret …. at least Obama, the CHICOMS, Russians, and his fellow Green Democrats like Diane Finestien and Steny Hoyer are sleeping well knowing that they are leading the charge to “protect the environment.”
Aw, comon now …Admit it – don’t you just get a warm fuzzy feeling knowing you’ve worked a full 4 months of the year away to pay your federal income taxes and that money is going to such wonderful programs? Better yet it’s going to fill the pockets of Communists and the Russians?
What? You’re not warm and fuzzy? You’re cold and shivering?
Maybe this has something to do with it?
“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.”
I’m sorry …do I live in Las Vegas? Where and when did the American taxpayer authorize this fool to “bet” on anything? Hey Jackass!! That isn’t your money you moron…that is the TAXPAYERS money and you just pissed away billions on unicorn farts, fairy tales, and pixie dust!! High Crimes and Misdemeanor anyone?
But then again – I guess the green snot screwball in chief can always claim he told us so….
“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,”
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