Have you forgotten? We already had a green deal

Politics
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. . . a clever money laundering operation by which $Billions were transferred from working people’s earned wages into the pockets of Obama’s donors. Have America’s working people not learned their lesson and how government’s taxing power is used to steal the bread they have worked for?

Let us take a look at the list who have profited off working people‘s earned wages being transferred to them by Obama’s green deal:

• Beacon Power Corp: Received $43 million in federal loan guaranteed in 2009 and also received $29 million in PA grants – Bankrupt in October 2011

• Ener1 (parent company of EnerDel): Received $118.5 million in federal loan guarantees — Bankrupt in January 2012 – has since exited bankruptcy

• Evergreen Solar: Received $58 million in MA loan guarantees (an undisclosed portion sourced from federal ARRA block grant) — Bankrupt in August 2011 with $485.6 million in debt

• Solyndra: Received $535 million in federal loan guarantees in 2009 and $25.1 million in CA tax credit — Bankrupt in August 2011

• SpectraWatt: Received $500,000 in federal loan guarantees in 2009 — Bankrupt in August 2011

• Babcock and Brown: Received $178 million in federal grants in December 2009 (4 months after it went bust) – Bankrupt in early 2009

• Mountain Plaza Inc.: Received $424,000 in federal grants through TN Department of Transportation in 2009 — Bankrupt in 2003 and again in June 2010

• Solar Trust of America (parent company: Solar Millennium): Received $2.1 billion loan guarantee in April 2011 – Bankrupt in April 2012
Other Subsidized Green Energy Companies in decline:

• A123: Received $300 million in federal grants and $135 million in MI grants — Declining orders and have forced multiple layoffs

• Amonix, Inc.: Received $5.9 million in federal tax credits in 2009 through ARRA — Laid off 2/3 of work force

• First Solar: Received $3 billion in federal loan guarantees — Biggest S&P loser in 2011, CEO fired

• Fisker Automotive: $529 million in federal loan guarantees — Multiple 2012 sales prediction downgrades for first car release, delivery and cash flow troubles; Assembling cars in Finland

• Johnson Controls: Received $299 million in federal grants in 2009 — Low demand caused cancellation of a new factory, operating at half capacity

• Nevada Geothermal: Received $98.5 million in federal loan guarantees in 2009 — Defaulting on long-term debt obligations, 85% drop in stock value

• Sun Power: Received $1.2 billion in federal loan guarantees — Debt exceeds assets; French oil company took over last fall

• Abound Solar: Received $400 million in federal loans in 2012 — ½ work force laid off

• BrightSource Energy: $1.6 billion federal loan approved in April 2012 – loan obtained through political connections with the administration; absent the loan, Brightsource’s solar power purchase would have fallen through.

JWK

“To lay with one hand the power of the government on the property of the citizen, [a working person’s earned wage] and with the other to bestow upon favored individuals, to aid private enterprises and build up private fortunes [ the Democrat Party Leadership’s GREEN NEW DEAL ] is none the less a robbery because it is done under forms of law and called taxation.” ____ Savings and Loan Assc. v. Topeka,(1875).

2 Likes
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No they weren’t.

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Very good point, and despite that we get our solar cells from super carbon foot print China, who have about zero emission controls, and love to strip mine, and have under cut the market Obama was trying to set up here.

And after years of thinking about Obama bombing Libya into chaos,and letting Valenzuela oil production die under a socialist tyrant, I think they did it as a calculation to drive up oil prices, and try to force alt energy to be market viable… = War for solar, lol!

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Are you talking about the ARRA which created up to 3.5 million jobs and specifically the DOE loan program that was in the black by 2014?

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Probably.

But it was tyranny anyway.

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I’m talking about Obama’s Green-Jobs Fraud Exposed_

“The administration has a most curious way of describing what a green job is, but if you count just the “direct” jobs, it cost taxpayers $9.8 million to create each of those long-term jobs”.

I’m talking about How Obama’s Alternative-Energy Programs Became Green Graft

"The GAO further declared that the Department of Energy “had treated applicants inconsistently in the application review process, favoring some applicants and disadvantaging others.” The Department of Energy’s inspector general, Gregory Friedman, who was not a political appointee, chastised the alternative-energy loan and grant programs for their absence of “sufficient transparency and accountability.” He has testified that contracts have been steered to “friends and family.”

Friends indeed. These programs might be the greatest—and most expensive—example of crony capitalism in American history. Tens of billions of dollars went to firms controlled or owned by fundraisers, bundlers, and political allies, many of whom—surprise!—are now raising money for Obama again."

The bottom line is, have we not learned how the socialist Democrat Party Leadership has used its power to plunder our federal treasury, while fattening the fortunes of its inner circle crowd?

JWK

The unavoidable truth is, the Kamala Harris, Elizabeth Warren, and Alexandria Ocasio-Cortez’s socialist plan for “free” college tuition will be paid for by taxing millions of college graduates who worked for and paid their own way through college and are now trying to finance their own economic needs.

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The use of government power, in violation of the Constitution, is indeed tyranny!

JWK

“To lay with one hand the power of the government on the property of the citizen, [a working person’s earned wage] and with the other to bestow upon favored individuals, to aid private enterprises and build up private fortunes [ the Democrat Party Leadership’s GREEN NEW DEAL ] is none the less a robbery because it is done under forms of law and called taxation.” ____ Savings and Loan Assc. v. Topeka,(1875).

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This “climate change” crap is a hoax.

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Thanks for quoting that book just for that. The first time I read it just wasn’t enough.

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How so? Who is perpetrating this international hoax?

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You and your ilk.

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Stop burning them. What color is your horse?

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Who is the “ilk”?

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Pols, media, “scientists” with grants, Europe, Owlgore.

You’ve got it easier than any generation before you ever. Why are you complaining?

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are you suggesting the government should never give out loans and other programs to benefit business?

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wage stagnation, crippling debt, increasing education cost, poor job market.

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Then stop complaining when I do it for a profit.

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Your generation could afford to buy a house and support a family on a single income working as a janitor.

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And your generation doesn’t have to work as janitors.

You let them cross the river.

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wait janitors don’t exist anymore that is news to me.