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Why I Can Vote With a Clear Conscience

This is the one election that in all of our history is a fork in the road that we had better choose wisely.
This next president will appoint several Supreme Court justices.
That alone should be enough to make everyone sit up and take notice.
If HRC is allowed to stack that Supreme Court, the country is gone.
It is that serious. There is no turning back, none.
We will not have the luxury to say, we can hang for another 4 years.
The communist planks are all in place…
...that ball is at the finish line and just needs that last punt over the goal posts and it is game over.
That one issue will have ramifications for decades.
Your children and grandkids will experience the full weight of that one issue alone.

Friday, October 19, 2012

President Obama’s Taxpayer-Backed Green Energy Failures (36)

Via Cousin John

It is no secret that President Obama’s and green-energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent of its failure has been largely ignored by the press. Sure, single instances garner attention as they happen, but they ignore past failures in order to make it seem like a rare case.

The truth is that the problem is widespread. The government’s picking winners and losers in the energy market has cost taxpayers billions of dollars, and the rate of failure, cronyism, and corruption at the companies receiving the subsidies is substantial. The fact that some companies are not under financial duress does not make the policy a success. It simply means that our taxpayer dollars subsidized companies that would’ve found the financial support in the private market.

So far, 36 companies that have received federal support from taxpayers have either gone bankrupt or are laying off workers and are heading for bankruptcy. This list includes only those companies that received federal money from the Obama Administration’s Department of Energy. The amount of money indicated does not reflect how much was actually received or spent but how much was offered. The amount also does not include other state, local, and federal tax credits and subsidies, which push the amount of money these companies have received from taxpayers even higher.

The complete list of faltering or bankrupt green-energy companies:

More @ The Foundry

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