Obama’s Failed Green Energy Policies: American Taxpayers Lose $139 Million on Fisker Automotive Loan

The Obama administration fumbles the ball again in picking Fisker Automotive and giving them our hard earned money …

What else could we expect from Barack Obama, but yet another failed policy costing the American tax payers millions in wasted money. This time it is Obama’s failed so-called green energy policies like Fisker Automotive and a $139 million loss.  Great, now we are selling off $192 million defaulted loans to the Chinese for $25 million. Thanks Barack Obama.

Happy Thanksgiving from the Obama administration. The Energy Department has sold off its $192 million loan guarantee to Fisker Automotive to Chinese billionaire Richard Li for $25 million — the biggest taxpayer loss on a green loan since the failure of Solyndra.

The Energy Department will announce the “selling of the promissory note” to Hybrid Tech, which is owned by Chinese billionaire Richard Li, according to sources familiar with the sale. The DOE sold the loan to Li for $25 million after lending the financially troubled green automaker a total of $192 million since 2009.

“Once again, American taxpayers are losing out to foreign investors due to the Obama administration’s failed green energy policies. Time after time this administration has fumbled the ball with their attempts to pick winners and losers when it comes to American energy,” House Energy and Commerce Committee vice chairman Marsha Blackburn, a Tennessee Republican, said in a statement to The Daily Caller News Foundation.

“As a result of President Obama’s misguided policies, the Department of Energy Loan Guarantee program is quickly becoming a highly utilized stimulus program for foreign investors,” she added.

Including the $25 million loan sale, the DOE has recovered only $53 million of the original $192 million disbursed — netting taxpayers a $139 million loss.

Fisker was awarded a $529 million loan guarantee by the Obama administration in 2009 to produce a luxury hybrid car, the Karma, which sold for a $103,000 per unit. However, failure to meet Energy Department benchmarks to receive funding resulted in the company losing its loan guarantee in 2011

Barack Obama Admin to Delay ObamaCare Enrollment Until after 2014 Midterm Elections

WHAT A COINCIDENCE … AMERICA, PLEASE TELL ME YOU ARE NOT THAT IGNORANT!!!

So this is what “Hope & Change” looks like.

And the Imperial president changes the law again with no authority to do so … This is all just one big, sick political game for Barack Obama, Democrats and their minions and you America are the pawns. FOX News is reporting that the Obama administration is looking to delay the enrollment period until after the 2014 midterm elections. Amazing, it is now delayed for one more month until after the midterms. The Obama admin actually had the audacity to say the following: “This change is good news for consumers, who will have more time to learn about plans before enrolling and an open enrollment period that’s a week longer.” But then again they are nothing but liars and can no longer be trusted in anything they say.

The Community agitator strikes again …

America, Obama is laughing at your willful apathy and ignorance …

The Obama administration plans to delay the start of next year’s ObamaCare enrollment period, a move pitched as a way to give consumers and insurance companies more time to study their options — but which also conveniently pushes the second round of enrollment past the 2014 midterm elections.

A Department of Health and Human Services official confirmed the change to Fox News. The decision does not affect those trying to enroll this year, despite the myriad problems with the launch of the law and HealthCare.gov. Rather, it affects those who will sign up late next year for 2015 coverage.

The administration will allow consumers to start signing up on Nov. 15, 2014, as opposed to Oct. 15. Enrollment will last until Jan. 15, 2015, instead of Dec. 7.

Team Obama Cooked the Books with Unemployment Numbers One Month Before 2012 Election … Jack Welch Vindicated!!!

THE CHICAGO, ALINSKY WAY: “THEY WILL DO ANYTHING TO WIN” … WELCOME TO UNEMPLOYMENT-GATE!!!

Remember the skepticism by many when the remarkable coincidence occurred in the last reporting month prior to the 2012 Presidential election, when low and behold the unemployment numbers dropped from 7.1% to 7.8%? The numbers were hailed by Obama, his minions and an all to willing lap-dog media as the country’s economic situation was headed in the right direction and Obama’s policies were working. Just one problem, as reported in the New York Post, “The numbers were manipulated and the Census Bureau, which does the unemployment survey, knew it”. Why is this not a surprise from what has become one of the, if not the most corrupt and scandalous White House’s ever. It was not a shock to Jack Welch, who at the time questioned the numbers reported and basically called them flat out dishonest.

Jack Welch was attacked for his comments on the unemployment numbers … Watch the VIDEO below of Chris Matthews going after him. Welch would not take back what he said. Matthews asked for an apology. Looks like Mathews owes Jack Welch an apology.

In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington.

The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated.

And the Census Bureau, which does the unemployment survey, knew it.

Just two years before the presidential election, the Census Bureau had caught an employee fabricating data that went into the unemployment report, which is one of the most closely watched measures of the economy.

And a knowledgeable source says the deception went beyond that one employee — that it escalated at the time President Obama was seeking reelection in 2012 and continues today.

“He’s not the only one,” said the source, who asked to remain anonymous for now but is willing to talk with the Labor Department and Congress if asked.

The Census employee caught faking the results is Julius Buckmon, according to confidential Census documents obtained by The Post. Buckmon told me in an interview this past weekend that he was told to make up information by higher-ups at Census.

The Gateway Pundit reminds us of Jack Welch’s tweet and the 873,000 jobs that were created. What a frigging joke. Just how corrupt is the Obama presidency? Hot Air also emphasizes an important point in that this is not just a political election issue, election issue, Crudele reminds his readers that investors make critical decisions based on BLS data and its reputation for integrity and so does the Federal Reserve.   At this point Richard Nixon is looking like a Boy Scout compared to Barry O.

Look for all of Barack Obama poll numbers to hit the 30′s after this.

WAPO/ABC News Poll: Buyer’s Remourse – Mitt Romney Would Beat Barack Obama if the Presidential Election was Held Today, 49% to 45% … Poll Numbers in Free-Fall

DOES ANYONE REALLY WONDER WHY OBAMA LIED THRU HIS TEETH ON OBAMACARE AND YOU CAN KEEP YOUR INSURANCE PLAN IF YOU LIKED IT? DO YOU REALLY WONDER WHY THE MSM NEVER BOTHERED TO ASK QUESTIONS?

It is the great fraud perpetrated on the American People …

As reported at The Politico, there is more disastrous polling numbers for President Barack Obama as a recent WAPO-ABC News poll shows that if the 2012 presidential election was held today, Mitt Romney would beat Obama, 49% to 45% among registered voters. Talk about your “buyer’s remorse”. This is a much different outcome than the 2012 match-up where Obama beat Romney 51% to 47% to win a second term. My how times have changed. What a difference the truth makes. What a difference it makes when the MSM decides to actually report on the numerous scandals of the Obama White House.

Making matters worse for Obama, Independents go for Romney 49% to 39% over Obama.

The WAPO/ABC poll also has Barack Obama’s job approval rating at 42% approve, 55% disapprove.

From WAPO

As more bad poll numbers continue to pour in for President Barack Obama, a new survey finds that if the 2012 election matchup were held this month, Mitt Romney would hold the edge with the voters.

Romney topped Obama 49 percent to 45 percent among registered voters in the Washington Post-ABC News poll released Tuesday. Among all Americans, the 2012 rivals would be tied, at 47 percent.

Obama beat Romney 51 percent to 47 percent a year ago to win a second term.

The poll also found more bad news for Obama: His approval was down to 42 percent, a fall of 6 points from a month ago. Fifty-five percent disapproved.

Other damning poll numbers from WAPO-ABC News Poll:

Other ratings of the president’s performance have tumbled as well. He’s at career lows for being a strong leader, understanding the problems of average Americans and being honest and trustworthy – numerically under water on each of these (a first for the latter two). His rating for strong leadership is down by 15 points this year and a vast 31 points below its peak shortly after he took office. In a new gauge, just 41 percent rate him as a good manager; 56 percent think not.

This poll, produced for ABC by Langer Research Associates, finds that the president’s personal image has suffered alongside his professional ratings. Fewer than half, 46 percent, see him favorably overall, down 14 points this year to the fewest of his presidency. Fifty-two percent now view him unfavorably, a new high and a majority for the first time since he took office. It may matter: Personal popularity can provide a president with cushioning when the going gets rough. Losing it leaves the president more vulnerable.

ACA – Skepticism about the Affordable Care Act looks to be the driving force in Obama’s troubles. Americans by nearly 2-1, 63-33 percent, disapprove of his handling of implementation of the new health care law. And the public by 57-40 percent now opposes the law overall, its most negative rating to date, with opposition up by 8 points in the past month alone.

RCP Average Polling – Complete carnage, almost under 40% as an average.

EXIT QUESTION: How does everyone think that the 2012 Presidential, House and Senate elections would have turned out if IRS-gate was reported on, if Benghazi-gate had been reported on, if AP-gate had been reported on and if, Barack Obama had told the truth and said that 5-10 million individuals with private healthcare plans who liked their insurance would lose it? How about if he told those with employer insurance coverage would lose theirs as well and it would be worse? Hmm?

Former Obama Adviser David Plouffe Says on ABC’s ‘This Week’ … Republicans Running On An Anti-Obamacare Platform In 2014 & 2016 is An “Impossibility”

Is it any wonder that if Barack Obama only surrounded himself with political advisers like this why Obamacare has been such a mess both in implementation and policy.

Former Barack Obama adviser David Plouffe appeared on ABC’s ‘This Week’ on Sunday and showed us once again that “Denial” is not just a river in Egypt. Plouffe actually said that it was an “impossibility” for the political notion that the GOP would run on an anti-Obamacare platform in 2014 and 2016. Wanna bet? For some reason Plouffe, Obama and his minions think that the issue Americans are upset is because they can’t log on to the “glitchy” web site, Healthcare.fail. Wishful thinking. The problem is that Americans were purposely lied to for political purposes so to pass Obamacare and 5+ million Americans to day find themselves with a canceled insurance plan when they were told they could keep it if they liked it. Sorry Dems, you will pay a dear price for lying and them ramming Obamacare down the throats of Americans in a 100% partisan vote. There is a reason why Americans no longer trust Obama and Democrats will feel the effects.

But even when caught with defending the indefensible, the Obamacare just continues to spin.

Simply amazing he can make such comments and keep a straight face

“But where could we be in four or five months?” Plouffe continued. “Hopefully the website is working fine and people are enrolling for health care. Hopefully, we won’t have another Washington dysfunction—which is one of the reasons people are upset, it’s not just health care—and we pass a budget and move forward, and the economy continues to strengthen. So we could be in a much different place three, four months from now. No doubt this is challenging time, but I think you have to have some perspective here. The story could change.”

“The political notion that next year’s election, or 2016, the Republican platform is going to be getting rid of health care?” Plouffe continued. “Millions of people will be signed up. It’s an impossibility.”