Yet just another example of more poor Obama investments in so-called “Green” energy companies …
Add Fisker Automotive to the long list of Obama’s green energy investment failures. As reported at Bloomberg, Fisker Automotive is firing as much as 75% of workforce. President Barack Obama and the Department of Energy should be forced to explain to the “We the People” why they pissed away the American tax payers hard earned money and continue to do so with these wasteful investments in to so-called green energy. When will the MSM ever do their job and hold Obama accountable? When will the American people ever wake up and do the same?
Fisker Automotive Inc.’s mass firings after receiving federal loans to build luxury plug-in cars is adding to the political debate over the U.S. government’s funding of clean-energy programs.
Most of the assets of Fisker’s battery supplier that received a $249.1 million federal grant, the former A123 Systems Inc. (AONEQ), were acquired last year by a Chinese company. Now Fisker, awarded $529 million in U.S. loans, is firing 75 percent of its workforce after failing to secure a deal with an automotive partner to fund operations.
The debacle is reviving questions over whether the government should be funding makers of alternative energy ventures. Fisker and A123, whose bankruptcy halted Fisker’s output, have drawn Republican criticism of President Barack Obama’s support of green-energy programs intended to spur more fuel-efficient cars.
How long will it be until Fisker Automotive declares bankruptcy? Its already on the list of Obama’s green energy investment failures. Obama’s green energy investments have been a joke, now they are officially a complete joke.
- Evergreen Solar ($25 million)*
- SpectraWatt ($500,000)*
- Solyndra ($535 million)*
- Beacon Power ($43 million)*
- Nevada Geothermal ($98.5 million)
- SunPower ($1.2 billion)
- First Solar ($1.46 billion)
- Babcock and Brown ($178 million)
- EnerDel’s subsidiary Ener1 ($118.5 million)*
- Amonix ($5.9 million)
- Fisker Automotive ($529 million)
- Abound Solar ($400 million)*
- A123 Systems ($279 million)*
- Willard and Kelsey Solar Group ($700,981)*
- Johnson Controls ($299 million)
- Schneider Electric ($86 million)
- Brightsource ($1.6 billion)
- ECOtality ($126.2 million)
- Raser Technologies ($33 million)*
- Energy Conversion Devices ($13.3 million)*
- Mountain Plaza, Inc. ($2 million)*
- Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
- Range Fuels ($80 million)*
- Thompson River Power ($6.5 million)*
- Stirling Energy Systems ($7 million)*
- Azure Dynamics ($5.4 million)*
- GreenVolts ($500,000)
- Vestas ($50 million)
- LG Chem’s subsidiary Compact Power ($151 million)
- Nordic Windpower ($16 million)*
- Navistar ($39 million)
- Satcon ($3 million)*
- Konarka Technologies Inc. ($20 million)*
- Mascoma Corp. ($100 million)
Barack Obama Unveils $500 Million Gun Violence Package Including Putting 1,000 Police Officers in Schools … I Thought the LEFT Scoffed at Police in Schools Suggested by the NRA?
TALK ABOUT LOST IN SMALLNESS … OBAMA UNVEILS $500 Million GUN VIOLENCE PACKAGE AND PLANS TO PUT 1000 POLICE OFFICERS IN SCHOOLS.
Today President Barack Obama unveiled a $500 million gun violence plan that included plans to put 1000 police officers in schools. Ok, three things come to mind here that are quite telling and somewhat interesting with regards to Obama’s anti-2nd Amendment agenda in the wake of the Sandy Hook Elementary school shootings. He also proposed his 23 executive orders that in retrospect looked rather weak and lame.
500 million dollars!!!
One, $500 million, that’s it? Barack Obama throws billions around like its water. Obama gave failed green energy companies Solyndra $535 million, Fisker Automotive $529 million, Abound Solar $400 million, Willard and Kelsey Solar Group $700,981, let alone the rest of the green energy boondoggle failures. Yet, when it comes to the safety of the children Obama can only muster a measly $500 million. WOW, how big of him. The above referenced failed companies were provided over $2 billion of tax payer dollars, yet he comes up with $500 million for the children’s safety. NICE!
Two, 1000 police officers? That’s it? How small can this president be? As of 2010, from the National Center for Educational Statistics there were a reported approximate 98,000 schools in the United States of which 67,000 were elementary schools. To put this in its proper perspective, 1000 police officers represents 1% of all schools and 1.5% of elementary schools. Really Mr. President, that’s your plan to keep the children safe from gun violence like what occurred at Sandy Hook, placing police in 1% of schools in America? “We the People” can you understand now why I say that Obama is not serious at all?
Three, how is it that Obama is putting any police officers in schools after NBC’s David Gregory and the collective LEFT mocked the NRA’s Wayne LaPierre for proposing that armed guards be at every school in America. The LEFT lost their collective minds when this was suggested, yet Obama considered it, well kinda. So instead Obama split the difference and suggested putting police officers in 1% of the schools. Meanwhile his children are well protected by armed men with guns. No one is saying that Obama’s children should not be protected, of course they should. However, they are no more important than other American parents children. How is it that “We the People’s” children are not deemed worthy of protection as well?
Braced for a fight, President Barack Obama on Wednesday unveiled the most sweeping proposals for curbing gun violence in two decades, pressing a reluctant Congress to pass universal background checks and bans on military-style assault weapons and high-capacity ammunition magazines like the ones used in the Newtown, Conn., school shooting.
But the president, speaking at White House ceremony, focused his attention on the divided Congress, saying only lawmakers could enact the most effective measures for preventing more mass shootings.
“To make a real and lasting difference, Congress must act,” Obama said. “And Congress must act soon.”
The president vowed to use “whatever weight this office holds” to press lawmakers into action on his $500 million plan. He is also calling for improvements in school safety, including putting 1,000 police officers in schools and bolstering mental health care by training more health professionals to deal with young people who may be at risk.
Even supportive lawmakers say the president’s gun control proposals – most of which are opposed by the powerful National Rifle Association – face long odds on Capitol Hill.
Posted January 16, 2013 by Scared Monkeys
2nd Amendment, America - United States, Barack Obama, Child Welfare, Community Agitator, Crime, Double Standard, Education, Elementary School, Facebook, Green Energy, Green Jobs, Gun Control, Liberals, NRA, Solyndra, Solyndra, The Dodger in Chief, US Constitution, We the People, WTF | 6 comments
Another Failed Obama Green Energy Venture … Michigan Battery Plant Places Workers on Furlough. Another $150 Million Wasted
Well there you go again … Obama picks another ‘green” energy loser …
Remember during the recent Presidential debate when Mitt Romney stated the following, “Mr President, you just don’t pick winners and losers, you pick losers VIDEO).“ Well, Obama has done it again, this time it is a Michigan battery plant that was given $150 million of tax payer dollars at the Compact Power plant as workers are placed on a rotating furlough.
From Fox News comes the following, ‘Plant that got $150M in taxpayer money to make Volt batteries furloughs workers’.
President Obama touted it in 2010 as evidence “manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.
Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only three weeks per month based on lack of demand for lithium-ion cells.
As the Lonely Conservative opines, remember when Obama was touting that “green energy” jobs boom? Consider that among many of Obama’s 2008 promises to fix the economy in the where are they now files.
One of the Best Lines of the Denver Presidential Debate … Romney Slams Obama,“You Don’t Just Pick Winners and Losers, You Pick Losers”
As the dust settled on last night’s Presidential debate in Denver, CO, it was obvious that Romney was a man with a plan and Obama looked like a kid who had studied the wrong chapters for a test and was left begging the moderator to ask the next question, wanting to use a lifeline and ask Bill Clinton what to say and looking to the MSM for the protective cover they have provided him for the past five years.
In the VIDEO below, Romney pounded Obama in the exchange over subsidies for oil vs. the $90 billion that Barack Obama gave to the failed “green” energy companies like Solyndra, Solar Trust, Abound Solar, What is the equivalent of 50 years of breaks. Then came one of the memorable lines of the night and it is about time some one called Obama on it. What better place than with 40-60 million viewers. Mitt Romney said of Obama last night, “You Don’t Just Pick Winners and Losers, You Pick Losers.” Ouch, that’s going to leave a mark.
President Obama was so thoroughly beaten last night that even the LEFT had to admit that Obama did a dismal job. During last nights debate I thought Obama was going to use his “LifeCall” medical alert device and say, “I’ve fallen and I can’t get up”.
The Obamamobile loses $49K per vehicle, yet another example how Obama just does not get it.
Take a good look at what Barack Obama touts as the future of car travel. General Motors Chevy Volt loses on average $49,000 per every Volt that they build. WOW, there’s a business plan, create a product that cost nearly $50K more than what you get back in return. What fool thinks this stuff up? No wonder as Weasel Zippers states, the Chevy Volt, the official car of the Obama administration. As the Lonely Conservative opines, Obama has been talking up the takeover of SM as one of his signature achievements. Imagine that, Obama praising a company that loses $49,000 per vehicle. This sounds much like his stimulus plan. Obama and the Chevy Volt, perfect together.
General Motors Co sold a record number of Chevrolet Volt sedans in August — but that probably isn’t a good thing for the automaker’s bottom line.
Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts. GM on Monday issued a statement disputing the estimates.
Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce.
And while the loss per vehicle will shrink as more are built and sold, GM is still years away from making money on the Volt, which will soon face new competitors from Ford, Honda and others.
GM’s basic problem is that “the Volt is over-engineered and over-priced,” said Dennis Virag, president of the Michigan-based Automotive Consulting Group.
Barack Obama Asks for Four More Years on the One Year Anniversary of the Bankruptcy of Solyndra … Oops
Talk about timing …
President Barack Obama is set to give his beg speech for four more years as President at the DNC convention on the one year anniversary of the Solyndra bankruptcy. On September 6, 2011, Solyndra filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court in the District of Delaware. Irony has a weird way of rearing its head, doesn’t it?
Solyndra was touted by President Barack Obama as a shining example of “green” jobs and the future of the American economy. During a visit to the California based solar power energy company, Obama had nothing but growing praise for his Obama example of the economy and jobs. Needless to say, Obama’s “green” job masterpiece has filed for bankruptcy.
This is what happens when you have a President that refuses to drill and refine our own resources and instead has a War on Oil.
The Clown Prince, Barack Obama, The Comedian in Chief can joke all he wants on the campaign trial about Mitt Romney and the RNC Convention being on black & white TV. I think anyone in America would take the prices of gas in those good ole days and the GDP of that era as well. However President Obama, no one is laughing at the cost of gas at the pump. Barack Obama has set another record as President, the highest gas prices on Labor Day in history.
Democrats arrived in Charlotte on Monday to an ill-timed reminder of one of the issues plaguing President Barack Obama’s reelection bid: high gasoline prices.
Prices at the pump reached a national average of $3.83 Monday, according to AAA, setting a record high for a Labor Day. The previous Labor Day record of $3.69 was set in 2008, at the height of the last presidential election fight.
President Obama Wants Higher Energy Prices … Obama wanted gas prices in the US the same as they were in Europe, $10/gal.
Video Hat Tip: Ed Driscoll
Gas prices have increased by 23 cents in the past month during the height of the summer driving season. But AAA predicts that Obama, who has faced sustained attacks from Republicans over gas prices, will get a respite in the coming weeks once refineries that shut down as a result of Hurricane Isaac reopen.
This President is just so funny. He gets up in front of his Kool-Aid, mind numb robots and asses around, cracking jokes as the American economy implodes, gas prices skyrocket and the National debt is about to hit $16,000,000,000. Yeah, a laugh riot you idiot. But of course Obama does not want to talk about the escalating gas prices, his blocking of the Keystone XL pipeline, and his war on oil. Imagine if America actually had an energy policy that really was an “all of the above” one, rather than Obama’s liberal inept and failed “green” energy agenda.
Daily Commentary – Thursday, August 23, 2012 – Obama Administration Caught With Their Hands in the MSNBC Cookie Jar
- The labor department spent nearly $500k on ADs that ran on the Olbermann and Maddow shows on MSNBC in 2009
Daily Commentary – Thursday, August 23, 2012 Download
Your Hard Earned Tax Dollars at Work … US Labor Department Spends Stimulus Money for Ads During MSNBC Olbermann & Maddow Shows
Hmm … who knew that spending money for Obama ads on MSNBC by the US Department of Labor was a shovel ready job?
Shovel ready, the wasteful spending of the Obama stimulus fund appears to be more “propaganda” ready. Yup, your hard earned tax dollars down the tubes so that Barack Obama could promote and recruit young liberals for green jobs. But as stated by the Gateway Pundit, “the Obama administration said the decision to put the ads on MSNBC had nothing to do with politics.” Sure it didn’t. That’s why Obama would spend half a million dollars on green ads on a liberal network that no one watches. The commercials ran on MSNBC on shows hosted by Rachel Maddow and Keith Olbermann in 2009. Gee, and we thought these liberal hacks did Obama’s bidding for free.
The Labor Department paid out hundreds of thousands of dollars in federal stimulus funds to a public relations firm to run more than 100 commercials touting the Obama administration’s “green training” job efforts on two MSNBC cable shows, records show.
The commercials ran on MSNBC on shows hosted by Rachel Maddow and Keith Olbermann in 2009, but the contract didn’t report any jobs created, according to records reviewed recently by The Washington Times.
Spending reports under the federal Recovery Act show $495,000 paid to McNeely Pigott & Fox Public Relations LLC, which the Labor Department hired to raise awareness “among employers and influencers about the [Job Corps] program’s existing and new training initiatives in high growth and environmentally friendly career areas” as well as spreading the word to prospective Job Corps enrollees.
No liberal media bias here and quid pro quo.
Will President Barack Obama Ever Learn … Obama Administration Announces More Solar Energy Projects After So Many Solyndra’s Have Failed
The Obama-Alinsky doubling down on solar energy …
It’s called beating a dead horse, but not when it comes to President Barack Obama and solar energy backed government projects. For Obama it is called a failed green energy agenda. The Obama administration has announced more solar energy projects, even after so many have miserable failed like Solyndra et al. Check out the long, ever growing list HERE of the failed Obama green energy companies that were nothing more than a money grab of Obama donors.
The Obama administration will open public lands in six Western states to more solar projects as part of a solar energy road map it publicized Tuesday.
The Interior Department set aside 285,000 acres in Arizona, California, Colorado, Nevada, New Mexico and Utah for the initiative. Firms can apply for waivers to develop projects on an additional 19 million acres.
Calling the announcement a “proud moment,” Interior Secretary Ken Salazar told reporters in a conference call Tuesday that it reaffirms Obama’s commitment to solar power. He noted public lands hosted no solar projects when Obama took office.
The administration has since approved 17 major solar projects on public lands producing about 6,000 megawatts of power, Salazar said.
I guess this is what Obama is talking about when he says. “You didn’t build that business”. However, he didn’t help build these businesses either, he helped destroy them. Imagine, just imagine if the Obama government actually allowed such land to be used for gas, oil exploration?