Posted on 05/29/2012 10:16:45 AM PDT by Sub-Driver
Obama: ‘Nobody Wants to Get Something for Nothing' By Terence P. Jeffrey May 29, 2012
(CNSNews.com) - Speaking Thursday afternoon in Newton, Iowa, President Barack Obama pitched his idea for $5 billion in new tax credits for companies that manufacture equipment—such as windmill blades and solar panels—for “clean energy” companies.
“Nobody wants a handout,” Obama said. “Nobody wants to get something for nothing.”
Obama was visiting TPI Composites, a company that manufactures blades for windmills, to pitch the fourth item on the five-item “To-Do” list of legislative actions he says he would like Congress to take this year. This particular item is: “Create Jobs By Investing In Affordable Clean Energy”
A statement put out by the White House on Thursday explained the substance of Obama’s request.
“Congress needs to help put America in control of its energy future by passing legislation that will extend the Production Tax Credit to support American jobs and manufacturing in the wind industry alongside an expansion of the 48C Advanced Energy Manufacturing Tax Credit that supports American-made clean energy manufacturing,” the White House said.
“The Production Tax Credit, which expires at the end of 2012, provides a 2.2 cent per kilowatt hour credit for utility scale wind producers,” said the White House.
“In the Recovery Act, $2.3bn in 48C credits were offered, and the program was over-subscribed by more than 3-to-1, meaning that over $5 billion projects with merit did not get funding,” said the White House. “The President’s plan calls for an additional $5 billion in credits, which would support at least $17 billion in direct investment in clean energy manufacturing facilities.”
(Excerpt) Read more at cnsnews.com ...
Our President: A man that lies without compunction, believes them, thus residing in a false reality.
ask Julia
Hey Obamadork, you certainly did.
HAHAHA! I saw your youtube link and had to ask myself, “will this be the mortgage and gas lady?” Yup.
That video NEVER gets old. It is a microcosm of the Obama voter, and why we are so screwed. ;-)
Is he kidding me! This country has become a nation of people who want something for nothing. Thanks in no small part to liberals like him.
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Yeah, Right.
His whole life, and every one in his ‘base’ gives absolute lie to that statement.
Racist!!!
I wouldn't know if he's real or not. I don't watch tv. /s
Why not get the blades off the windmills that sit idle all over CA? The president’s cronies have certainly “made enough money,” in Obamas infamous words.
The list, Ping
Let me know if you would like to be on or off the ping list
The truly disgusting...and frightening...thing is that he can say this with a straight face.
Right. He is totally delusional (and a liar). The majority has now become a naiton of hands out, not just wants it for nothing and no effort, but demands it, espects it, will do violence and creat havoc for it.
So says our composite president....
Mister President, STOP CALLING HALF OF AMERICA 'NOBODY'!!!
So riddle me this ObeyMe, why are you handing it out then?
I do. But it's wrong and I don't expect it. TINSTAAFL!
“The Production Tax Credit, which expires at the end of 2012, provides a 2.2 cent per kilowatt hour credit for utility scale wind producers,” said the White House.
Then watch as the price of Electricity skyrockets and windmills across the country turn into rusting monuments in honor government intervention.
Heck, I’d like to get everything for nothing if it were truly “for nothing”. In common practice though, “for nothing” always translates into “taken from someone else”.
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