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Obama’s
Green Policy Accomplishments
By Al Bliss
Article compiled from from GAJ Newsletter [gajletter@greatamericanjournal.com]
“You didn’t
build that, someone else did that. Someone (government) gave you help
along the
way.” Barack Obama, who has never built a thing and has lived off the
government and other peoples’ work all of his life.
Below are
examples of companies that really were built with government help. This
is what
happens in business when you depend on help from the government.
ARTICLE BY
THE LINCOLN JOURNAL STAR
“THINGS
ACCOMPLISHED BY OBAMA’S GREEN POLICIES”
1. RASER
TECHNOLOGIES in 2010, which has fewer than 10 employees, was given $33
million
to build a power plant. According to the Wall Street Journal the
company FILED
FOR BANKRUPTCY HEARING this year.
2.
ECOtality in 2009 was given $126.2 million for the installation of
14,000 car
chargers in 5 states. The company has since incurred more than $45
million in
losses, and the company is under investigation for insider trading.
3. NEVADA
GEOTHERMAL POWER was given $98.5 million in 2010. The New York Times
reported
in October that the company is in “financial turmoil,” and there was
significant doubt the company’s ability to continue as a going concern.
4. FIRST
SOLAR was given $3 billion for power plants in Arizona and California,
and
Business week reported their stocks fell to a record low after
reporting $401
million restructuring costs, and had fired 30 percent of its workforce.
5. ABOUND
SOLAR was given $400 million to build photo-voltaic panel factories.
Forbes
reports in February the company halted production and laid off 180
employees.
In June of 2012, Abound went BANKRUPT.
6. BEACON
POWER was given $43 million even though Standard and Poor’s had given
the
company a dismal outlook. Last fall the company received a delisting
from
NASDAQ and has FILED FOR BANKRUPTCY.
7. SUNPOWER
was given $1.2 billion and as of January owed more than it was worth.
8. BRIGHT
SOURCE was given $1.6 billion and then posted a string of net losses
totaling
$177 million.
9.
SOLYNDRA, a solar panel manufacture, was given $535 million and since
then has
gone BANKRUPT.
NOW HERE IS
WHAT IS MOST INTERESTING IN THIS ARTICLE BY THE LINCOLN JOURNAL STAR:
“Of all
these grants and loans 71 percent of the money went to “individuals who
were
bundlers”, members of Obama’s NATION FINANCE COMMITTEE, or large donors
to the
Democratic Party.”
BTW:
Tonopah Solar got $737 million (larger
than Solyndra) Tonopah Solar is run by Nancy Pelosi’s brother-in-law.
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