Posted on 03/04/2010 8:44:28 AM PST by opentalk
Crony capitalism is alive and well in Barack Obama's Washington. Business for lobbyists on K Street is booming as never before. Green energy promoters are raking in our tax dollars, often for wasteful "investments ."
Al Gore is certainly raking in the green. He is a global warming myth profiteer on a robber baron scale. Democratic sugar daddy George Soros, whose investments in the green energy industry amount to over one billion dollars and counting, has made parallel investments in bringing about Democratic dominance in Washington. Soros also has a friend in the Oval Office to help assure his investments pan out.
Now comes word that the Obama administration's Department of Energy has engaged in some "monkey business" to rebut a study that showed investments in wind energy costs far more jobs than they create. A Spanish university study had calculated that government subsidies for the wind power industry killed more jobs because they diverted money from more efficient private businesses
A wind power industry group tried to refute the study and, lo and behold, who helped out? The Department on Energy:
... The Obama administration's attack on the Spanish study was written by two non-economist, pro-wind activists from the National Renewable Energy Laboratory. This is a part of the Department of Energy and is overseen by Assistant Secretary of Energy Cathy Zoi , who previously served as the CEO of Al Gore's Alliance for Climate Protection. Al has a pal to protect his vast investments in renewable energy. But so does George Soros because it appears that Zoi turned to the Center for American Progress to help in the attack on the Spanish study (there is also a study from Denmark affirming the conclusions of the Spanish study).
(Excerpt) Read more at americanthinker.com ...
Captain Obvious Ping? ;p
It isn’t capitalism. It is paying off supporters by looting the economy.
Crony capitalism is Fascism... whay would anyone be suprised progressive would act like the Fascists they are?
“The Obama administration’s attack on the Spanish study was written by two non-economist, pro-wind activists from the National Renewable Energy Laboratory.”
One thing the adminstration cannot disprove is the mathametically proven fact that for ever 1 ‘green’ job created in Spain, 2 other jobs were lost....hence one major reason why Spain’s unemployment is heading quickly to 20+%....the sheer fact can be attributed to Spain’s version of Cap and Tax...which the US version is BASED upon. :duh:
"Do ya think, DiNozzo?"
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