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White House Announces $6 Billion to Promote Clean Energy –in Asia
http://cnsnews.com ^ | november 20, 2012 | fred lucas

Posted on 11/20/2012 1:45:49 PM PST by lowbridge

The White House announced the federal government will spend $6 billion over four years for a “sustainable energy future” plan with Asian countries that involves loaning tax dollars to other countries to increase their purchasing power for U.S. technology, services and equipment.

“Recognizing that energy and the environment are among the most pressing issues confronting our region, President Obama, in partnership with Sultan Haji Hassanal Bolkiah of Brunei and President of the Republic of Indonesia Susilo Bambang Yudhoyono, today proposed the U.S.-Asia Pacific Comprehensive Partnership for a Sustainable Energy Future,” the White House announced Tuesday as Obama visits Asian Pacific countries.

The initiative comes after the Obama administration has been criticized for spending billions to subsidize U.S.-based green energy companies that went on to declare bankruptcy, including Solyndra, Ener1, A123, Beacon Power and other failed renewable energy ventures.

The White House announcement goes on to say that, “The United States will provide up to $6 billion to support the partnership.” Most of that will come from the U.S. Export-Import Bank, which will launch a $5 billion export credit financing program to certain Asian countries over the next four years “to increase access to American technology, services and equipment to implement energy infrastructure.”

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: agw; climatechange; debt; globalwarming; globalwarminghoax; hoax; obama; sourcetitlenoturl; spending
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1 posted on 11/20/2012 1:45:53 PM PST by lowbridge
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To: lowbridge

Where does he get the money ? Oh wait Asia

LOL


2 posted on 11/20/2012 1:49:17 PM PST by molson209
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To: lowbridge

He’s a redistributionist both inside America and also BETWEEN NATIONS.

Is there no limit to wealth confiscation? Apparently not.

Khmer Rouge of the hood..? Where is this leading..?


3 posted on 11/20/2012 1:49:34 PM PST by gaijin
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To: lowbridge

A man insane enough to spend US money to “clean up China” on behalf of THE WORLD —would he also be crazy enough to one-sidedly do away with ALL American nuclear weapons?

I...cannot see a reason why he would not do that, if he does do this.


4 posted on 11/20/2012 1:51:31 PM PST by gaijin
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To: lowbridge

Stop boehner and the republicrats from enabling obama to give away our future tax receipts to anyone.

LLS


5 posted on 11/20/2012 1:51:31 PM PST by LibLieSlayer (WOLVERINES!)
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To: lowbridge
So we can borrow money from the Chinese to spend in China on projects destined to fail. Wouldn't it just be easier for the Chinese government to give money to Chinese businesses and send us the IOU to sign?
6 posted on 11/20/2012 1:52:10 PM PST by KarlInOhio (Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
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To: lowbridge

BO has stolen Harry Reid’s byline - “Of all the things I’ve lost, I miss my mind the most”.


7 posted on 11/20/2012 1:55:01 PM PST by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: lowbridge
AGENDA 21
Redistribution of America's wealth internationally to undermine American exceptionalism to facilitate global governance (Redistribution of Americans' wealth domestically is to undermine capitalism to facilitate National Socialism).

I've got this figured out.. Not bad, eh?

8 posted on 11/20/2012 1:55:01 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: lowbridge

The American business, academic and political intelligentsia working at think tanks are the peddlers of these policies.

Tax dollars go overseas in “aid” for the purpose of export sales for American big business. After skimming by foreign governments, of course.

Your Congressman will not listen to you.

He listens to the “experts” - the think tanks and consultants and lobbyists.


9 posted on 11/20/2012 1:55:43 PM PST by PieterCasparzen (We have to fix things ourselves.)
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To: lowbridge

Obamanation Communism File.


10 posted on 11/20/2012 1:59:01 PM PST by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: molson209

At one point a good number of years ago, my ex-husband owed me what was starting to accumulate to a substantial amount, due to missing payments he was required to make. He asked me to have lunch with him “to talk it over”. I got to the lunch, and he wanted me to refinance my house so I could loan him money, then he would start paying me what he owed me.

Sounds like the same kind of scheme here....


11 posted on 11/20/2012 1:59:11 PM PST by NEMDF
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To: lowbridge

HEY BONEHEAD!!! I FOUND 6 BILLION IN EASY CUTS!!

(I won’t hold my breath)


12 posted on 11/20/2012 1:59:52 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: lowbridge

Anyone who doesn’t believe he is intentionally working to bankrupt us and bring America down hasn’t been paying attention.


13 posted on 11/20/2012 2:10:12 PM PST by Iron Munro (Robbing From The Hood and Boy Blunder - Our New Queen and King)
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To: molson209
Where does he get the money ? Oh wait Asia
LOL

Damn, ya gotta LOL, otherwise you'll go insane.

Grrrrrr....

14 posted on 11/20/2012 2:15:57 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Obama_Is_Sabotaging_America

It is urgent that Obama get our money and assets out of the country in order to unionize our military and all labor. We shall be serfs in four years.


15 posted on 11/20/2012 2:19:19 PM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
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To: lowbridge

There is only a little more than four years of this before he stops, so it will all turn out good. Right?


16 posted on 11/20/2012 2:21:25 PM PST by Gator113 (WHO gave the order to NOT rescue our men in Benghazi?)
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To: lowbridge

Stop funding this sob!
FUBO!!!


17 posted on 11/20/2012 2:39:02 PM PST by Adder (Holy Crap! Now what?)
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To: lowbridge

Stop funding this sob!
FUBO!!!


18 posted on 11/20/2012 2:39:09 PM PST by Adder (Holy Crap! Now what?)
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To: lowbridge

Maybe the Republicans in Congress could ask the questions that are filling this post - who in congress approved the spending - take the president to court? Go all the way to the supreme court to stop it.


19 posted on 11/20/2012 2:50:50 PM PST by q_an_a (the more laws the less justice)
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To: gaijin

Where is this leading..?
*******
National insolvency and depression. The Pied Piper is taking the country over the cliff.


20 posted on 11/20/2012 3:12:07 PM PST by Starboard
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