According to this video (from Obama Isn’t Working.com) Mr. Obama has blown through $16 billion ($16,000,000,000.00) on public equity green energy gambles that have cost jobs and lost our money, much of it to Big Obama donors, and cronies.
So here’s a question? New Hampshire Senator Jeanne Shaheen cut her teeth in her first Senate race by raging about taxpayer hand outs to big oil. These “Handout’s,” as it turns out, were actually incentives that reduced how much of those Oil companies legal profits would be taxed. Less taxes on the oil companies money, not handing them billions of our money. Most people don’t know the difference, they just see the spin.
So how does that compare to Mr. Obama and his Department of Energy giving direct grants and loans (of our money), totaling tens of billions, to companies that are all going bankrupt or out of business? (No Spin.) Does it make a difference that Senator Shaheen is a huge supporter of Green energy boondoggles, sits on the Senate Committee on Energy and Natural Resources, as well as three Energy Subcommittees on Energy, Public Lands and Forests, and Water and Power, who would presumably have some interest in how that money is being wasted?
Where is the legislative oversight Senator Shaheen? We are out 16 Billion (so far), and I can’t recall hearing a peep out of you about that.
Video on the Jump.
http://www.youtube.com/watch?v=OQUyS9H6ioI&feature=player_embedded
