Posted on 06/25/2014 6:24:12 AM PDT by Oldeconomybuyer
Today, at a White House roundtable on impact investing, senior Administration officials met with more than 20 private-sector investors answering the President’s call to action.
President Obama has described this as an “all hands on deck” moment that requires all of us to pull together to create the change we seek. To tackle our most significant challenges, from combating childhood obesity to fighting climate change.
Building on President Obama’s year of action using his pen and phone, the Administration will take a number of significant steps to encourage even more investors, foundations, businesses, and entrepreneurs to embrace this model. This includes announcements by SBA, USAID, and Treasury designed to facilitate the flow of private capital toward sustainable business models. These steps are just the latest in the Administration’s ongoing effort to support the growth of private sector led impact investing as a strategy to create jobs and strengthen communities in the U.S. as well as to advance the President’s global development goals.
(Excerpt) Read more at whitehouse.gov ...
The correct name for this plan is “Throwing Good Money After Bad”.
The existence of which is arguable, and the business of government is none of it.
"fighting climate change" - sheesh. Who are the idiots who write this stuff?
And believe this stuff?
How does fighting childhood obesity and climate change create jobs? Or is this just more nonsensical rhetoric where he uses popular catch-phrases (”create jobs”) as a label for his usual nanny-state, crony Capitalist and Socialistic policies?
The word ‘sustainable’ is now starting to annoy me more than ‘synergy’.
LOL!
20 “private sector investors” meeting with Obama is obamaspeak for “bring your checkbooks”
oh and pay the waiter for that WH lunch. They take credit cards.
You have Obamacare mandates, minimum wage pushing up and disposal income burned up by food price increases.
the obamites coerce or bribe by tax incentives and big govt “loans” that never get repaid- “private sector investors” to fund foundation and grant programs that give money to his cronies for running these useless programs.
Like the solyndra debacle
Here’s a few more
http://www.dividedstates.com/list-of-failed-obama-green-energy-solar-companies/
You wanna get rich? First be an obama donor, a BIG obama donor, someone who can pay $25,000 for dinner with barry.
Then set up a new nonprofit
Get a staff of 10 family members of connected donors and set up an office in Manhattan to coordinate “green energy initiatives” and draw “salaries” and “expensses” from tax free govt grants paid by these private investors to find “nonprofits”
Here’s one that has really grown into a business/citizen money-sucking monster
http://www.rggi.org/
check out who runs it, who works for it, and who gets rich from it
Its an endless cycle of US taxpayer teat-sucking by morally righteous nepotist incestuous progressive clans
yada yada yada
note how the wealth snowballs to and from these totally useless nonproductive people and organizations
redistributing the wealth from those who create it to those who want it.
Not much different from Karl Marx’s mantra.
And very few in our country have picked up on that.
Obama never talks to Congress ,he makes all the decisions in the White House Out House
This is satire, right?
> This is satire, right?
No. It’s cynicism. It’s directly from the White House website.
Candy store is open help yourself
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