Skip to comments.Ocasio-Cortezís green energy plan ignores Obamaís failures (shovel-ready Solyndra)
Posted on 02/10/2019 4:56:49 PM PST by Libloather
A charismatic Barack Obama peddled the idea of 5 million new green jobs as he ran for the presidency in 2008. Actually, the number was Hillary Clintons idea, but when she lost, Obama appropriated it. I wrote an article in 2010 in the Washington Post busting Obamas myth, and the green industry rewarded me by keeping me unemployed ever since.
Obama invested billions in the clean energy sector. Flameout after flameout like the solar company, Solyndra, resulted. There was hardly any accrual in new green jobs.
That was the myth of the clean-energy industry that the technology and business models were ready for 5 millions jobs. They werent. I was engineer in one corner of clean energy smart utility meters.
While politicians sold their myth, the shale oil and gas industry created half a million jobs during the first half of the Obama presidency, all without federal funding or incentives. The economy was still rocky in 2012, and these shale jobs directly contributed in Obama winning his second term.
(Excerpt) Read more at nypost.com ...
Board of Directors - Sen. Tom Daschle - Chair, Neera Tanden - President, Stacey Abrams, Glenn Hutchins, Kristin Mugford, John Podesta, Tom Steyer, Donald Sussman, Hansjörg Wyss
The uber-leftists confuse the regular leftists.
The Green new deal is the same old scam, these Cretans as well as many on both sides heavily invested in this scam much like the modern day Ponzi scam and their chance to cash out was never realized so they are In it to win it
Lies, lies, lies. https://www.youtube.com/watch?v=Wuv4f-AmKE4
Stacey Abrams - Man - she’s like a bad dream - you just can’t clear your head of her. What possesses these people - they just absolutely WILL NOT just disappear into the woodwork and be gone from our lives...
I guess I missed the report of all the good that our money did at Solyndra. I was trying to think of that name earlier and it wouldn’t come to me. Was Biden in charge of that also like he was in charge of accounting for the billions in the stimulus package? I guess I’ve missed a lot!! They promise and promise, exit from the stage and that’s the last anyone ever hears about the PROJECT but NOT the politician that promised it would take care of all our problems. How great it would be if they disappeared right along with the money!!!
Solyndra wasnt a failure. It did exactly as planned: funnel millions of dollars to Obama cronies so they could kick-back money to the Dems. Obama didnt care one iota about green energy except as a political weapon.
Wouldn’t want a little thing like the truth to get in the way now would we.
Solyndra, the solar panel manufacturer who took more than $500 million from President Obamas stimulus then went bust, sticking taxpayers for the loss, lied to federal officials to secure the loan, the Energy Departments inspector general said in a report released Wednesday.
But the Obama administration goofed too, and may have cut corners in fully vetting the project because of political pressure from top Democrats and Solyndra itself, the investigators said in their report, which took four years to complete.
Most of the blame lies squarely on Solyndra, however. Investigators said company officials lied to the government and to independent market analysts and a credit-ratings agency, inflating the value of contract commitments in order to appear more financially promising.
Solyndra also claimed it could charge more than other solar panel manufacturers because its panels were less expensive to install, and built those higher prices into its plan. But it had knowingly oversold the premium it wouldNEle to charge by as much as 65 percent, the inspector general said, skewing all of its financial calculations.
At its core, Solyndra officials failed to make complete, accurate, and direct disclosures to the department of information that was relevant to the loan guarantee process, the investigators said. While the departments due diligence effort had shortcomings, it is our view that providing misleading answers to departmental inquiries and failing to openly disclose critical information violated the spirit and intent of the requirement for Solyndra to report material changes to its loan guarantee application to the department.
Solyndra became synonymous with government boondoggles during the early days of the Obama administration, when Mr. Obama was trying to manage the $800 billion stimulus package of tax cuts and new spending, designed to try to pull the economy out of a tailspin.
A large portion of the money was earmarked for the presidents favored areas, such as green energy projects, with the Energy Department pumping billions of dollars into its loan guarantee programs.
Those guarantees have been under scrutiny for years, and Solyndra, which went bankrupt in 2011, wasnt the only one to go bust. The inspector general has previously found the office overseeing the guarantees was woefully understaffed, likely contributing to questionable loans being approved.
ping me when someone goes to jail
ox News Channel Rush partial Transcript:
AINSLEY EARHARDT (CO-HOST): The lefts Green New Deal calling for World War II-level mobilization involving replacing every building in America
BRIAN KILMEADE (CO-HOST): Yup.
EARHARDT: banning nuclear energy
KILMEADE: Sounds good.
EARHARDT: ending air travel
EARHARDT: and even ensuring economic security for those who are unwilling to work.
KILMEADE: Finally those unwilling to work have rights. The plan doesnt have a price tag on it. Some estimates claim it will cost $7 trillion. Thats way too low.
EARHARDT: Way low.
KILMEADE: Others peg the cost five times that.
EARHARDT: Someone said a gazillion, right? Here with reality check is the author of The Politically Incorrect Guide to Climate Change, thats what it looks like, and the executive editor of climatedepot.com, Marc Morano. Thank you so much Marc for being with us. You told our producers this deal is a big ball of crazy. Why do you say that?
MARC MORANO (CLIMATEDEPOT.COM): Yes, this is essentially the environmental left and the left wish list over the last 40 years all thrown into one package and they dont want to debate it on the merits of the economics. Were told we need to do all of this, from banning meat, to airline getting rid to getting rid of the combustion, internal combustion engine all to save from us from a climate emergency, and yet were not told how to expect better weather if we actually pass this thing. It would have no impact on the climate even if you believe Al Gore and the United Nations and all the silliness that sometimes they claim. This plan is plagiarism pure and simple. They borrowed it from the 1960s and 1970s. In my book, I detail how different environmental scares over population, resource scarcity, even global cooling had the same solutions: wealth redistribution, central planning, sovereignty limiting, and just a massive government intervention.
KILMEADE: Marc, what Im saying is you can be an environmentalist to the left of Al Gore, and obviously she is, and just say this is not practical. I have spent my career as a lawmaker, legislator. Why would you stand behind a deal like this when it is looks like something that was put out by a 10th grader?
MORANO: Actually 10th is being very, very generous.
KILMEADE: Lets go seventh.
MORANO: I would go as low as third grade. I mean, this is a just a big bowl of crazy wish list of everything you could imagine. And I think the whole release of this, they have bungled the release. They put in their unwilling workers. They had to pull it from the website. Theres a whole dispute over what they meant on nuclear power. They havent even gotten this straightened out. But what they do have straightened out: this is the litmus test for the 2020 Democratic contenders. And in a way they, have given anyone who cares about free markets, liberty, and science, a grand opening to expose anyone who signs on to this plan.
Thanks....for this. Some of it sounds familiar but I’d need to read the whole thing again to refresh my memory - HA! as if that would help! But thanks anyway! There was scuttlebutt at the time of granting those contracts that they were in trouble to start with so who in the devil ever expected anything successful coming from it?
I will read it tomorrow when I’m not so tired - getting late here.
Just skimming it - so that was from the stimulus money package that Biden was in charge of overseeing! Thanks, Joe! You big ape! The $800 billion caught my eye and rang a bell for me.
Put me in; Coach!
Shovel-ready referred to Zero's line of BS. Obviously, Solyndra was just a money-laundering operation.
The New Green Deal is a Van Jones retread, and AOC looks to be their new puppet.
Working Together for a Green New Deal
by VAN JONES
This article appeared in the November 17, 2008 edition of The Nation.
October 29, 2008
Bill McKibben and Van Jones are pushing a new scam called the Green New Deal and are using the super-flaky Alexandria Ocasio-Cortez as the face of it.
The biggest news to come out the 2018 midterm elections is the meteoric rise of Representative-elect Alexandria Ocasio-Cortez (D-NY) and her Green New Deal. But if you scratch the surface, youll find that the Green New Deal is neither new nor hers.
Editors Note: Lets not forget what the Green New Deal is all about; generating government funding for hedge fund investors to exploit in a corporatist orgy of money-making at the expense of taxpayers. Nothing more nothing less. And you thought the folks paying Bill McKibben and pulling his strings were just looking out for the planet!
No, this is a frighteningly different scam:
“The outline states up front that a Green New Deal must not only promote justice and equity but also seek to repair harm and prevent future injury to those most vulnerable to climate change and the fossil fuel economy namely communities of color, indigenous peoples, migrants, rural communities, the poor, people with disabilities, the elderly, and young people.”
Don’t buy into the “green” label on it; this is about seizing wealth from whites, nothing less.
And, the GOP will, STILL, find ways of not taking full political advantage of this as well as, STILL, find ways of, successfully, losing future elections to pro-socialist candidates for political office, especially from all of the RINOS/GOP Anti-Trumpers out there.
Obama invested (read stole) billions of tax dollars to create a front company——Solyndra.
The tax dollars were siphoned off into numbered bank accounts.
She is an idiot. Bezos is an idiot. New governor of Va. is an idiot. Lots of them around...
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