Wednesday, September 21, 2011

Obama's Ponzi Scheme Plaguing America

Is Obama staging more financial down fall for our Country or is he playing a game of fools golf without any balls?
It appears his leadership is like a game of golf where you call any shot you want.

Come on Liberals, someone step forward and give this man some balls to play with. I am sure you could help, Nancy.

Obama's Green Ponzi Scam seems to be never ending. After President Bush said NO to Solyndra Industries who manufactures solar panels, Obama gave them $535 million of tax payers money. He toots his horn to America stating it will create 4,000 new jobs. Representative Cliff Stearns (R-Fl) said after the Obama administration took over the stimulus package from the Bush administration the Solyndra deal was pushed through. 

In August of this year the company filed for Chapter 11 Bankruptcy laying off their 1,100 workers and leaving taxpayers on the hook for over 1/2 billion dollars.

This is not the only solar company to go belly up after receiving taxpayer bail-outs.
  • Evergreen Solar Inc. received $5.3 million is now  bankrupt stating they can not compete with China.
  • Spectra Watt in New Jersey received $500,000 in bailout only to go belly up. Spectra Watt was one of 13 companies to receive the money without changing current manufacturing processes.
China Development Bank offered $30 billion to Chines Solar Company. This is 20 times more than U.S. backed loans.

Whitehouse spokesman, Jay Carney, said the U.S. is on track to double its renewable energy production in 2012. Read more at Fox News  

We are now dealing with 14 new green green loans by the end of the month!
Wake up Obama! Is this your new scheme to put Americans back to work? It also seems funny many of these companies sponsored your 2008 campaign.

We the common people are not stupid. Let us drill for oil and natural gas. Have your wife stop telling us what to eat until she heeds her own words. You received a Nobel prize for something good you might do. When in the Hell are you going to do it? Don't take another 1/2 trillion of our money and throw it down the drain.
Our Children Can Not Afford It!

You have heard my opinion, now let me hear yours.

Radical Richard