Obama Green Energy Failure: Fisker Automotive Received More than Half-Billion Dollars in Federal Loans … Laying off Workers at their Delaware & California Plants

Another Barack Obama “green” energy failure …

Fisker Automotive, a California based electric car start up company that received $529 million in loans to produce two lines of plug-in hybrid cars, is laying off workers in Delaware and California. Wow, who could have predicted that this would have been a waste of tax payer money? After all, as the Lonely Conservative reminds us the electric car goes for such a paltry cost of $100,000.

Delaware’s News Journal reports that Fisker Automotive, a California-based electric car start-up company, is laying off an undisclosed number of staff to try to reserve enough capital in order to qualify for more federal help from the Department of Energy, according to a Delaware state development official.

“They’re trying to preserve the cash that they have,” said Alan Levin told the News Journal. “And unfortunately, until they meet the milestone that DOE continues to set … they’re not able to access the additional capital that they need.”

The company also came under fire last year for taking federal loans while producing cars in Finland. Company officials told ABC News at the time that “there was no contract manufacturer in the U.S. that could actually produce our vehicle.” The company was working on reopening a shuttered General Motors plant in Wilmington to produce vehicles — an effort that top Obama administration officials lauded.

So lets get this correct. Obama’s answer to US jobs and the economy is wasteful spending to “green” companies like Solydra and Fisker … but The One says no to the  Keystone XL pipeline. We all know that Obama’s funding of these companies had nothing to do with jobs and everything to do with politics. Obama must go in 2012.

Tennessee College Republicans from the Obama Generation to “The Debt Generation” … Welcome to Obama’s Generational Theft

Obama’s reelection bid is no longer and promises of “hope & change,” its about running on his record …

Barack Obama has pretty much disillusions ed every one that voted for him in 2008, no voting block more than the college age youth.  They have gone from the Obama generation in 2008 to the “DEBT GENERATION”. Watch the video below from the Tennessee College Republicans, aptly titled, ” The Debt Generation”. Check out the Debt Clock.

The Debt Generation

Hat Tip: Gateway Pundit

In 2008 more than 2/3 of America’s youth voted for Barack Obama; however, little did the naive college kids know that Barack Obama would hang them out to dry and create an out of control debt of political gifts that they would be responsible for. Many of them now regret that they ever voted for Obama. The One handed out gifts like Santa Claus; however, Santa does not charge you for the gifts he gives, Obama does. Fewer young voters see themselves as Democrats and unlike 2008, the Obama magic is gone. The bloom is off the rose and Obama is not perceived as “Hope & Change” but instead the same old, same old of an establishment politician.

Welcome to the “generational” theft of Barack Obama. The result, Obama has lost the luvin’ feeling of America’s youth.

UPDATE I: A blast from the past from Vanderbilt from 2009 … And the Obama gang thought we would just forget.

Obamanomics: The Final Pathetic GDP for 2011 is … 1.7% … Oh Yeah, Let’s Give Obama 4 More Years

Obamanomics has provided us the final pathetic GDP of 2011 … 1.7%.

More disappointing economic numbers under Obamanomics. Not only was the 2.8% 4th quarter GDP under the expected 3%. Also, personal consumption growth of 2.0% were below expectations of 2.4%. The GDP price index only grew by 0.4%, well below expectations of 1.9%.

That’s the final, pathetic growth number for 2011.

From the just-released GDP report:

Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010.

Check out the main reason as to why the GDP tanked. Funny how government spending has a way of artificially making things look better than they really are. However, eventually the government spending runs dry. As stated at Wizbang, blame it on Rio government spending.

It says that all of the things you associate with positive economic developments (exports, consumer spending, et al) rose. And this is good. However, the second half of that sentence tells you all you need to know to discuss our economic woes directly and in plain English: Those gains were offset primarily by… wait for it…

•Local Government Spending
•State Government Spending
•Federal Government Spending

Are you joking, these are hardly the economic numbers that one gives 4 more years to an incumbent President. 1.7% GDP for 2011. That is down nearly half from 2010′s 3.0% GDP. During all this Obama has the nerve to tell us that the economy is getting better. However, in Obama in Wonderland where us is down and left is right, Obama will tell the American people that all is good. The fact of the matter is, the Obama recovery is a disaster.

Green Energy Hypocrisy: Barack Obama Leaves Event Promoting Clean Energy in Motorcade of 22 Fossil Fuel Gas Hogs

Green Energy Hypocrisy: Barack Obama Leaves Event Promoting Clean Energy in Motorcade of 22 Fossil Fuel Gas Hogs

Classic from the Hypocrite in Chief … From the files of you just can’t make this stuff up comes the hypocrisy of Obama and the LEFT promoting “green”, clean energy while driving around in fossil fuel gas hogs leaving the carbon foot print the size of Sasquatch.

Hat Tip: Gateway Pundit

On January 26, 2012, President Obama visited a Las Vegas UPS plant. Stimulus subsidy for said UPS plant to purchase natural-gas-powered trucks: 5.6 million dollars. Stimulus subsidy for North Las Vegas green energy plant that laid off 200 workers yesterday: 5.9 million dollars. Using taxpayer dollars to leave an event promoting clean-energy vehicles in a motorcade of twenty-two fossil-fueled vehicles: Priceless.

Every wonder why there is no market for clean energy and these government subsidized green energy companies, because those promoting it do not even believe in it. Why is it that the very people, whether they be Obama or those in the private sector who cry “green” energy are the very ones who are the most wasteful. have multiple homes and fly private jets? Hmm?

Another Obama Green Energy Company Fails … Ener1 Received $118.5 Million Stimulus Grant Files for Bankruptcy

Another One Bites the Dust …

Ener1 received a $118.5 million stimulus grant and was supposed to double its production capacity and create 1,700 jobs, instead it is filing for bankruptcy. The company was supposed to made batteries for electric cars. A funny thing happened on the way to the Obama hand picked business winners and losers, free market capitalism … there is no market or demand for this product. Didn’t Barack Obama in this years SOTU just say he was going to continue to fund the car battery industry with government money and not cede it to China? Oops. Yet more tax payer dollars wasted.

Add another to the Obama back failed green energy companies

An Indiana-based energy-storage company, whose subsidiary received a $118.5 million stimulus grant from the Energy Department, filed for bankruptcy Thursday.

Ener1 is asking a federal bankruptcy court in New York to approve a plan to restructure the company’s debt and infuse $81 million in equity funding.

“This was a difficult, but necessary, decision for our company,” Ener1 CEO Alex Sorokin said in a news release. “We are extremely pleased to have the strong support of our primary investors and lenders to substantially reduce the company’s debt.”

The VP had previously visited the Indiana company and touted it as a new chapter in American history for energy and business; however, the only chapter it turned out to be was Chapter 11.

Red State may have a point, another Obama hand picked company has met the reverse Midas touch of “The One”. Erick says, look out Master Lock, all who have stock in it may want to sell.

Add Ener1 to the list of other Obama tapped green energy companies that have been given stimulus money that have failed miserably. NRO has the present tally:  Solyndra, SunPower, BrightSource, and Tonopah Solar Energy. So far that is.

Obama’s 2012 SOTU Address … Same As It Ever Was … Tired Old Empty Promises & the Promise of Jobs with Awkward Cheering

Obama’s SOTU … Same as it ever was.

For those pundits who want to spin and claim that President Barack Obama’s SOTU address last night was an inspiring great speech, think again. Obama’s address sounded like many that he delivered in the past, just with a bit more class warfare. So much for the great visionary Obama … sorry, but this speech was flat and disjointed where Democrats in many places had no idea when they were supposed to stand and cheer. Often during his speech you heard a single clap or none at all when on the teleprompter it obviously told The One to pause for ovation.

The general opinion of the SOTU, Too Long, Too Partisan, Too Barren of Policy. It was amazing that Obama never mentioned America’s out of control debt and the fact that he prevented jobs from being created by nixing the XL oil pipeline, yet defended the Solyndra’s that the government wastefully handed tax payer $’s to.

Seriously, how could any President talk about the State of the Union and not reference the United States’ out of control national debt, record number of people on good stamps and high unemployment? Oh, BTW … why did not Obama praise the crown jewel of his presidency … Obamacare?

Canada Peeved at Barack Obama’s Decision to Nix Keystone XL Pipeline … Obama Chooses Saudi Oil Over Canadian Oil (VIDEO)

CANADA NOT HAPPY WITH OBAMA AND HIS FALSE CAMPAIGN PROMISES … THE LYING KING!

Thanks Barack Hussein Obama for dissing our friend to the North, Canada, and going with Opec Saudi oil. Oh yea, and going with our other friend Hugo Chavez and Venezuelan oil. That’s it Barack, way to piss off our friends and allies. Here it from the mouths of Canadians. Sorry Mr. President, Ain’t no way to treat a friend”. What ever ahppened to to those shovel ready jobs that Obama was so keen on when it came to wasting American tax payer dollars?

Obama chose America’s enemies over America’s closed friend and ally

Remember when Obama promised to get off Mideast and Venezuela oil in 10 years time? America … did you forget that campaign promise? When Obama told you what you wanted to hear? Guess what … OBAMA LIED! Imagine an American President justifying going with Middle East OPEC oil and Venezuelan and slapping Canada in the face when he claimed he was going to rid America of Middle East oil. Mmm, mmm, mmm … Barack Hussein Obama.

We the People are Just Too Damn Stupid … Newsweek Says, “Why Are Obama’s Critics So Dumb”

Newsweek’s latest head line, “Why Are Obama’s Critics So Dumb?” I guess the editors nixed “Why Are Obama’s Critics So Racist?” Gee America, how does it feel to be called stupid and dumb because you dare be upset and question the increased unemployment under Barack Obama, the millions on food stamps and the out of control $16.2 trillion federal deficit. As stated at Powerline,we are just too damn ignorant to understand how Obama’s policies have devastated the economy and have caused a continued lack of job recover. It is this type of MSM coverage that will further alienate Obama to We the People.

Well, sure. We who who are unhappy that unemployment has increased on Obama’s watch, that over-regulation has stymied economic growth, that our children now owe a $15 trillion debt that we can’t pay–hey, we’re just dumb! We obviously aren’t smart enough to understand how devastating our economy, unemploying millions of Americans and burdening our children with trillions of dollars in debt is really a great idea.

Yup, we stupid folks must be ignorantly still clinging to our Bibles and guns. How dare any one question King Obama. Imagine anyone considering others stupid when only 28% of Americans think the country is headed in the right direction and a majority of Americans want Obamacare repealed.

Of course this partisan BS is brought to us by the same fools who wrote, “We are all Socialists now”.  As stated by the Lonely Conservatives, no wonder Newsweek went belly up and was sold for a $1. How pathetic is the liberal media that all they can do is use the “dumb” card.

What’s Another $1.2 Trillion … Obama Makes Official Request that Congress Raise the Debt Ceiling to more than $16 Trillion

And the Barack Obama spending keeps on coming … UNPATRIOTIC!

It’s official, President Barack Obama asks for the debt ceiling to be raised by another $1.2 trillion. Good grief, will the spending never stop? where is the fiscal discipline from this President, where is the leadership to take on the ridiculous National Debt and go after entitlement programs and wasteful DC spending that are bankrupting America?

The Gateway Pundit reminds us of when Barack Obama called raising the national debt irresponsible and unpatriotic when GWB raised the debt by $4 trillion in 8 years. What does Obama say about the $8 trillion he has increased it by in less than 4 years? Hmm? Talk about your Obama hypocrisy.

President Obama on Thursday made an official request that Congress raise the debt ceiling by $1.2 trillion over the objections of several House Republicans.

Obama’s formal notification gives both chambers 15 days to vote on whether to approve the hike. The House plans to vote on this request on Jan. 18, a spokeswoman for House Majority Leader Eric Cantor (R-Va.) said.

The United States reached the $15.194 trillion debt limit on Jan. 4, according to Treasury statements. Since that time, Treasury has employed the “extraordinary measure” of tapping into its Exchange Stabilization Fund to avoid exceeding the limit.

The White House agreed not to make an official request to raise the debt ceiling until now so that Congress could vote on the matter.

The United States cannot afford another 4 years of Barack Obama … the 2012 cannot come fast enough.

Gallup: Barack Obama Job Approval Back to 50% Disapproval

Same as it ever was … Obama is back where he started.

Eventually, what goes up must come down as water and Barack Obama’s job approval rating seeks its own level. Obama’s job approval numbers are one again as the Kinks sang, “back were they started.” As per the most recent Gallup poll, Obama finds his job approval at  50% disapproval and only a 42% approval rating.

At Real Clear Politics, Obama finds his job approval polling underwater in the averaging of polls at 44.5% approval and 50.3 disapproval. This is after so called better economic news with the unemployment rate falling to 8.5%. Why? Intelligent Americans know that the unemployment rate is far worse, gas prices rising and the debt still out of control. Two in one Americans fear the reelection of Barack Obama, and so they should.