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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (124674)2/24/2012 3:47:21 PM
From: JakeStraw4 Recommendations  Read Replies (2) of 224704
 
Growing Solyndra Green Scandal Is Just One of Many
news.investors.com

Outrageous bonuses and White House stonewalling guarantee that the Solyndra scandal, in which betting on green lost taxpayers $535 million, won't go away. But Solyndra is no isolated failure.

With 24 million Americans either without any job or underemployed, and 7 million claiming jobless benefits, the latest Solyndra news of wasted stimulus funds and noncooperation with Congress is sure to make taxpayers' blood boil.

What a betrayal of Obama's elaborate promise upon taking office to "work together to ensure the public trust and establish a system of transparency, public participation, and collaboration" because "Transparency promotes accountability" and "Information maintained by the federal government is a national asset."

Other Solyndras are coming to light, the latest being Sapphire Energy. Its pond-scum-based biofuel still costs over $26 a gallon, but that doesn't matter when your executives give almost solely to Democrats.

The Washington Free Beacon reports that after $104.5 million in stimulus and other Energy and Agriculture Department funds for a New Mexico facility, it can boast just 36 new jobs. UC Berkeley's Energy Biosciences Institute says it'll take a decade before we know if algae-based fuel can compete with gas.

The Washington Post recently found "$3.9 billion in federal grants and financing flowed to 21 companies backed by firms with connections to five Obama administration staffers and advisers."

Revelations of Obama's green waste and corruption may have only just begun.
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