Obama Vows To “Double Down” On Venture Socialism Green Energy Investments Without Congress…
Apparently he didn’t learn his lesson from Solyndra and the dozens of other disastrous investments on “green” energy companies he made.
(CNS News) – Despite some green energy failures, such as the bankrupt Solyndra solar panel company and weak-selling Chevy Volt, President Barack Obama said that he wanted to “double down” on green energy spending, and would do what he could even without Congress to subsidize these companies.
Obama’s assertions, at the University of Miami on Thursday, come after numerous reports of green energy firms that received large sums of federal loans and grants but which have either declared bankruptcy or hit financial problems. In his remarks, Obama sought to draw a contrast between subsidies to green energy firms and $4 billion in tax breaks for oil and gas companies.
“A century of subsidies to the oil companies is long enough,” Obama said. “It’s time to end taxpayer giveaways to an industry that’s never been more profitable, and double-down on a clean energy industry that’s never been more promising.”
CBS News has reported that the administration directed $6.5 billion in taxpayer dollars to a dozen different green companies that now face financial ship. The most notable of these is Solyndra, the solar panel firm that got a $535-million Energy Department loan guarantee before declaring Chapter 11 bankruptcy and being investigated by the FBI.
“With or without this Congress, I’ll continue to do whatever I can to develop every source of American energy, so that our future isn’t controlled by events on the other side of the world,” said Obama.
Posted by ZIP on Thursday, February 23, 2012, at 7:34 pm | 
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While raising taxes on the gas & oil companies.
Oh he has learned his lesson alright. He has learned he can continue to steal money from us and no one will stop him.
What lesson is he supposedly was to learn? That he’s a back-stabbing Communist ? He’s already learned that a long time ago.
He has a propensity for circumventing Congress. The man has never read the Constitution nor the Declaration of Independance none the less trying to interpret them.
Let me tell you how bad this really is.
STALIN would make a fairer President. Yes, that’s how bad it is.
Is toe jam considered green energy? If so I need a green energy loan.
The only things “green” about the Marxist turd are the flies that light on it.
Sorry, Declaration of Indenpendence.
So, I’m not the spelling bee champion. BFD (Big F***** Deal)
You can’t fundamentally transform America if your going to let laws and the Constitution get in the way.
… so that our future isn’t controlled by events on the other side of the world …
PC speak lest he offend the followers of the “great” pedophile warlord.
“The nature of the encroachment upon American constitution is such, as to grow every day more and more encroaching. Like a cancer; it eats faster and faster every hour. The revenue creates pensioners, and the pensioners urge for more revenue. The people grow less steady, spirited and virtuous, the seekers more numerous and more corrupt, and every day increases the circles of their dependents and expectants, until virtue, integrity, public spirit, simplicity and frugality become the objects of ridicule and scorn, and vanity, luxury, foppery, selfishness, meanness, and downright venality swallow up the whole of society”
–John Adams.
kickbacks and corruption lining pockets
huhn, wah?
he really thinks we’re stupid. talking about fairytales like they are fact and worth discussion. what a farce! they’ll be having us stuffing our orifices with broccoli soon when they think of some reason why we must do it.
F A R C E
Didnt hitler and stalin usurp power for thmselves like this?
And domestic drilling permits die on the vine….
And the algae population rejoices…
And the Executive Order parade route stays filled…
And The House does….
BOEHNER! WHAT THE HELL!
I think it’s about time for a committee comprised of both parties from the house visit the Whitehouse to discuss possible impeachment proceedings were his aberrant, out-of-control, illegal disbursement of taxes without house approval to continue. A stern warning is required at this time with little or nor wiggle room.
“Apparently he didn’t learn his lesson from Solyndra and the dozens of other disastrous investments on “green” energy companies he made.”
Oh he learned alright! He found it’s an excellent way to continue bankrupting and destroying the U.S.
Can he sing this one~~
O $olo Mio $olyndra
busted, barky.
is the Energy Department a Bank?
Liberal math…
100% of 0 = 10,000 x 2 = $500,000,000,000…take the money and run.
Spend, Spend is all he knows. As a former community organizer Barry believes that the gubmint cheese is never ending.
Looking at that photo of o-hole, the solyndra sign, the equipment in the background, it is obvious that this is nothing more than a set on a stage.
This is no real company. None of these alleged green companies are real.
They are phony theater sets with fake props. And actors hitting their marks.
o-hole shows up at these venues, reads a teleprompter, shakes hands with the lead actor portraying a CEO and off he goes to the next theater to promote the next show. A show based on theft fraud deceit.
He is stealing our money by using a fake backdrop. None of our money is put to use for any green energy at all.
Green energy is simply the vehicle they use to steal our money.
“With or without this Congress, I’ll continue to do whatever I can to develop every source of American energy, so that our future isn’t controlled by events on the other side of the world,” said Obama.
_________________
Keystone pipeline anyone?
Natural gas anyone?
Coal anyone?
Nuclear Power anyone?
What he means is any non-hydrocarbon greenhouse gas producing or radioactive waste producing form of energy…like those winners wind and solar that continues to be producing a huge sucking noise on the tax payers nipples. In Obama world, he will just use the dollar as a fuel source, what’s another 16 trillion dollars anyway?
Apparently, Obama disregards Congress as a distraction…quite funny for a Constitutional scholar. Seems to me Solyndra is not the entity that the FBI should be looking at.
Libtard’s….a mind is a horrible thing to waste.
I want a solar powered clothes dryer but local ordinances forbid a clothes line in the backyard.
Obama also has some fiine, magic rocks soaked in his verrry bes’ lounge juice from the back seat o’ his caddy that he’ll unload on ya’ for a mere ten mill. AND he’s only offerin’ them to you at thisss speshulll price, and only this week. If the Man come round, you bess run quick.
Obama has a lot more people to pay off. I think he’s afraid of not doing so.
He makes madoff look like a piker
I always thought that with investments, at least some of the time you get a return on your money.
This bozo has consistently picked losers.
Commie, you are so right. Blacks with their lunacy and blind support for this waste of excrement think their pathetic approach to learning how to support themselves have only set back race relations 100 years. Laugh you assholes every day that goes by only proves how right we are. Live in your rat infested garbage and thank the Democrats for their payoff so you stay that way.
“Obama disregards Congress as a distraction…quite funny for a Constitutional scholar.”
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That was part of the con job. Obama and the DNC realized they could say anything about Obama — or nothing at all depending on conditions — and get away with whichever was said or withheld and there was no negative result.
If Obama deserves any credit for ANYthing, it is that he is likely the finest, most talented Con Artist of our American history. Man could claim to be the Messiah and people would believe him. Oh, wait…
I have $10K worth of algae in my bathtub.
I want a million dollars to start me up a unicorn fart production line for energy.
I would have just as much potential to succeed at this and get a return on the investment as any of these fake outfits that zero is backing. They are bankrupt from the get go.
Whereas I do actually have a line on rounding up a herd of wild unicorns.
@chickadee – Now you can hire an Occupodder that has a degree in unicorn breeding and rainbow identification.
Genius! Where’s those pesky school records..
Insanity is doing the same thing over and over again and expecting a different result. If ever there is a time to declare this president mentally unstable and thus unsuited to rule than this is that time. IMPEACH and remove Obozo now.
If the House of Representatives, those who control the purse strings, do nothing to stop his out of control spending then they are complicit. Writing meaningless bills that will go no where put into the trash is not the answer. They have to stop all spending and send him a letter of cease and desist immediately or they will bring charges of impeachment. And then follow the fuck through with it!
Barry commutes:
http://theferalirishman.blogspot.com/2012/02/commuting-back-in-community-organizing.html
“With or without this Congress, I’ll continue to do whatever I can to develop every source of American energy, so that our future isn’t controlled by events on the other side of the world,” said Obama.
There is oil in the United States.
There is oil in Canada.
Not exactly on the other side of the world.
Keystone Pipeline.
Doubling down on communism. The fuck.
@halodoc
Why do you think Reid and the dems will not pass a budget? The House is powerless right now because Boner has agreed to too many CR’s and the money sloshing around in DC is easy to move from one place to another.
@chickadee
I’m very inclined to believe exactly what you said, this is all smoke and mirrors. It’s my belief these green entities are nothing more than fronts to launder taxpayer monies for a two-fold goal; bankruptcy of this country and a taxpayer lump of money to campaign on. There is absolutely nothing this administration has done that is legal, ie. ObongoCare. This monstrosity of a bill is in direct violation of the Constitution of this country as well as arming and equipping rebels just south of us who have the same goal as this administration and the evil cretins who support it.
@Sentinel
Yup. Somehow, it’s cash for votes.
D’pandico. yep. you’d be sucking up too much wind and they won’t be able to assess exactly how much. towels are extra. and do you qualify for assistance, is important, of course.
Swallowing spit is free, though. for the time being.
our terrain, treasury and traditions, under siege. pillaging. plunder.
its obvious.
security and defense is an affront to humankind. it must be thwarted.
funneling 24/7.
Ahh yes, more wealth redistribution on failed (at least the companies are failing) and expensive technology.
I don’t doubt that obama wants to stifle energy production in all possible ways. Energy is the lifeblood of the economy, and he can’t control the people unless the economy sucks.
It’s the boogie double down….
or ‘the roof, the roof, the roof is on fire, we don’t need no water let the mf burn! Burn mf burn!’
Economy…and the country…poof!
obama and his band of liars thieves and whores laundering the publics money by investing in snake oil schemes that loose money so fast no one can tell for sure whose pocket it flowed into.you can bet moochie and hussein/barry sombrero get their cut first.
Why the hell should he care, it’s not his money
Hey, O’Reilly! Can we now impeach this sonofabitch! How much longer does the country have to suffer while you tergiversate with your your “he’s a good guy” routine. What the hell happened to Fox? I now have to watch the business channel to gather hard news about the economy. There’s your word for the day, Bill, tergiversate! I know, I know, you’re just lookin out for the folks, right? Pffft!
“chickadee says:
February 23, 2012 at 7:39 pm
Oh he has learned his lesson alright. He has learned he can continue to steal money from us and no one will stop him.”
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He is raping and pillaging the Treasury, and our children’s futures and the entire safety and design of what is (or was) America – and he is accelerating – and he will continue to do so even if he loses the election, right up until the next inauguration day.
And the Congress will do nothing. And the Republicans will miss countless campaign oppoortunities. And the media will be complicit.
Just so we’re clear, “doubling down” doesn’t work as a system. Ask a gambler.