Skip to comments.President Obama Announces $1 Billion Fund to Promote Energy Efficient Vehicles
Posted on 03/07/2012 4:38:56 PM PST by Free ThinkerNY
Today, President Obama made a trip to a manufacturing plant for Daimler Trucks North America in Mount Holly, North Carolina. He was in the Tar Heel state to discuss more ways his administration is taking an all-of-the-above approach to American energy.
He talked about how his administration is pursuing new domestic energy sources, expanding oil and gas production, and reducing our overall reliance on oil through development of renewable energy.
But at a place where workers are busy assembling trucks that run on natural gas, the President also announced a new $1 billion National Community Deployment Challenge to help boost the deployment of clean, advanced vehicles all over America:
To cities and towns all across the country, what were going to say is, if you make a commitment to buy more advanced vehicles for your community -- whether they run on electricity or biofuels or natural gas -- well help you cut through the red tape and build fueling stations nearby. And well offer tax breaks to families that buy these cars, companies that buy alternative fuel trucks like the ones that are made right here at Mount Holly. So were going to give communities across the country more of an incentive to make the shift to more energy-efficient cars.
(Excerpt) Read more at whitehouse.gov ...
That’s about enough to throw away on two future bankrupt companies.
Yet more of our tax dollars being flushed down the toilet.
Just more of your hard earned tax dollars being flushed down 0bama’s rat hole. This guy lives in a dream world where whatever he envisions, we must pay for.
But, alas, it’s not a dream.
Another thread I thought was going to be satire but wasn’t. This happens all the time now. Sigh.
Who gave him the authority to do this? Or is he breaking the rules again?
I thought congress was supposed to decide where to spend the money.
How nice. The WH has its own propaganda blog. As if the lib media doesn’t do enough to spin for this clown.
Nothing like slowwwwwwwwing America down under the guise of ‘advancement’ while the rest of the world surpasses us, economically. That’s been 0bama’s plan from day one, right?
He’s again giving money to big donors that probably run these companies. Always follow the money with BO. Yes, where does he get authority to do this?
Yeah I used to have that same belief but I was apparently wrong.
Must be from his “stash”. ;-)
So natural gas do you have to drill for that and if so how much cheaper is it that regular gas would be more like going to a regular gas station? And if this is such a great idea why has it not been tried before
Congress spent a year bickering over saving a few hundred million spread out over 10 years.
Now Obama walks in and announces another $1 billion dollar give-away.
Constitutionally, Congress controls the spending.
So how does this idiot just get to decide he will blow another billion that we have to borrow?
They arrest people for stealing a loaf of bread while this criminal steals millions every day.
Nothing but pandering! This guy is spending money for votes. Been saving all the stimulis money that wasn’t spent on shovel ready jobs to begin with and now letting it out in areas that he needs to get votes. If you drive thru Florida right now it seems that every darn road is ripped up and all this work started this year. Knew this was coming, just is so irritating to watch.
Obama is a joke.
The Natural Gas Revolution has started, and he can't stop it, but he will try to get in front of it and make it look like it his...
The fuel efficient vehicles are out their.
I love share some stories with my auto gnomes as to the efforts they go through to eek a 1/10th here 2/10th their when they design and test a new car...
But Obama wouldn't get it, The Utopians have no grasp of Science and the Laws therein, they can be overcome by Marxist Dictate, in their delusion existence.
Where the F is Congress on this ! This Guy is President not a KING !
The community organizer has no ideas beyond giving money we don’t have to people who don’t like him - in return for their votes. I hope and pray that America will be rid of him in ten months, and that we will have learned our lesson.
If I could invent a car that ran on bull*hit this president could provide a lifetime supply !
Our leaders are way beyond broke. We need an a serious intervention involving pitchforks, hot tar and feathers. Muskets and pistoles if necessary.
Oh how we yucked it up when the two ah, er, ummm, classless females talked about Obama’s stash.
Guess it was time for our lessons. Now we know. Rush has been talking about slush funds for quite some time, and I believe every word. Between union dues and the various stimuli, he’s a cash cow, big enough to buy off pretty much anyone. There I’ve said it.
Obama slutting around for the bimbo biofuels thefts he organized.
A billion here a billion there, for the Community.
Read Matt Bracken’s book. The walls are going to come tumbling down.
Well, the Volt thing didn’t work out. Time to throw more taxpayer dollars down the toilet. It’s Solyndra time! Everybody boogie!
Remember, we still have half of Con-gress to replace this election.
Let the free market decide if natural gas is a good substitute for gas and diesel in running vehicles. No more subsidies or tax credits for alternative energy sources.
All the green projects funded by Obama have become money wasters and boondoggles. Natural gas for vehicles may well be a good idea, but the market place should decide on its merits, not big government. Also, the government should not choose one company or method of implementing it as the insiders and lobbyists win, not consumers. Obama is pushing an industrial policy for America which is another word for socialism.
(sound of toilet flushing)