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 ...
my point is the republicans can’t seem to tell a story
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Your point is right on the mark. Repbulican canditates talk in terms of high minded principles, but that goes over the heads of the illiterati. They need to tell a story about the failures and consequences of liberal policies. It needs to be a better, more compelling story and it has to be a simple message that can be understood the John Stuart and TV sitcom generation.
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