these are merely shell corporations and shell operations through which taxpayer money can inhaled
Crony Fascism at it’s worst and most destructive. Coupled with the Left’s “Big Green Lie”
This is Obozo’s equivalent of the “Teapot Dome Scandal”.
Both were energy scams. Teapot Dome resulted in many ruined political careers. This should be no exception.
In my lifetime if there was ever a scandal that warranted investigations, prosecutions and trials; This is IT.
May 29, 2012 (Ricochet) Elon Musk Shows Us How to Thrive in the Government-Directed Economy ...."Those who know how to navigate an economy driven by the state will succeed. They do so regardless whether the market has determined their product as the best or not—sometimes it has, sometimes it hasn’t. Sometimes the consumer has no real ability, thanks to the aforementioned mix of laws and regulations, to go in another direction. Sometimes the only consumer is the government, meaning the appropriators, bureaucrats, and administrators who dream fondly of working some day for the contractor titans they fuel with other people’s money.".....
Sept 18, 2012 (P.J.Tattler) - Elon Musk SpaceX Head Obama Bundler?
April 15, 2012 (National Legal and Policy Center) Taxpayers Subsidize Forbes 'Green' Billionaires' Schemes........Musk, best known as co-founder of the company that became PayPal, is Chairman of SolarCity and CEO of Tesla. According to the Center for Responsive Politics, SolarCity spent $535,000 in 2009 and 2010 to lobby Congress and the Department of Energy on climate legislation, the Recovery Act, “green workforce training and development,” and provisions in various legislation “relevant to solar development.” SolarCity has sought to extend a program, due to expire at the end of 2012, that delivers to manufacturers an upfront cash grant in lieu of a 30 percent Investment Tax Credit (called the Section 1603 grant program). So far, according to DOE reports, SolarCity has received more than $66 million from that program.
The company also won a partial guarantee from DOE of a $344 million loan that will place up to 160,000 rooftop solar installations on military housing across the country..........."
And us, the Delphi Salaried Retirees.
Wealth distribution has been very successful in his first term, 6 trillion down 7 or 8 Trillion to go, congress can’t seem to stop him.
GREEN SCAM: 80% Of Green Energy Loans Went To Obama Donors - 19 Companies Went Bust
That’s 19 (that we know of so far).
Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer, 4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.”
Those companies’ “political largesse is probably the best investment they ever made in alternative energy,” Schweizer explains. “It brought them returns many times over.”
http://blog.heritage.org/2011/11/14/report-80-of-doe-green-energy-loans-went-to-obama-backers/
Ad:
Obama picks the wrong companies to invest in with YOUR MONEY.
Show companies, show the amounts...
Explain how better this money could have been invested in.
Show teachers, show small businesses...ask some business owners if they thought they would have liked such an advantage...
End with these bankrupt companies and Solyndra’s left over waste...and, how the companies’ CEOs/leaders donated to 0bummer.
Where is the ad?
Last couple weeks before the election? I guess they can’t put all ads out now.