WASHINGTON – Have you seen the latest development in President Obama’s waste-ridden, clean energy program that’s now under federal investigation at the U.S. Treasury Department?
Three of the country’s biggest residential solar panel installers — SolarCity, SunRun and Sungevity — have been subpoenaed by Treasury’s Office of Inspector General for their financial records to determine if they had inflated the market value of their costs when they applied for federal reimbursement.
The firms have reportedly received more than $500 million in federal grants and tax credits. Officials in two of them, Solar-City and SunRun, have been among some of Obama’s most generous campaign donors.
The money these companies tapped into flowed from a $13 billion investment fund in Treasury that came from the president’s economic stimulus program which has poured huge sums of money into clean energy programs across the country.
Obama has sunk billions of tax dollars into a scandal-ridden swamp of other energy deals that were crafted and promoted by administration business cronies who also were among his biggest fundraisers.
After an exhaustive analysis of thousands of memos, company records and internal e-mails about Obama’s green-technology spending program, the Washington Post concluded that it was “infused with politics” at every level of the decision-making process. Political considerations dominated the White House’s deal-making and all too often overruled warnings that billions of tax dollars would be lost on shaky energy projects that should never have been approved.
Take, for example, Sanjay Wagle, a venture capitalist and one of Obama’s fundraisers in 2008. He left his firm in California to work in Obama’s Energy Department on a $40 billion spending program to stimulate the economy by investing in clean technology companies.
I hope every damn liberal who loves milk remembers who they voted for!
Go check out his website: http://www.whateverhappentocommonsense.com
No wonder taxes never stop rising in countries under the thumb of liberals. Lunacy like this gets pricey:
Four murderers and a drug dealer are in line for taxpayer-funded fertility treatment so that they can father a child from behind bars.
The killers are demanding to be allowed to take part in IVF [in vitro fertilization] treatment despite serving life sentences. Ministers may be powerless to refuse because of a ruling by the European Court of Human Rights concerning the right to a private and family life.
Turning down the prisoners’ demands could lead to court action and compensation claims running into tens of thousands of pounds.
At a press conference following his much ballyhooed fiscal cliff photo op with Republican and Democratic leaders, this afternoon, Obama took up for “ordinary folks” and trashed Congress for not doing their job.
Because nobody knows more about what we ordinary folks want than this former
boyscout choom gang member and entrepreneur community organizer from Middle America Indonesia/Hawaii/Chicago, right?
“Ordinary folks, they do their jobs. They meet deadlines. They sit down and discuss things and then things happen. It there are disagreements they sort through the disagreements. The notion that our elected leadership can’t do the same thing is mind-boggling to them. It needs to stop. So I’m modestly optimistic that an agreement can be achieved. Nobody’s going to get 100% of what they want. But let’s make sure that middle class families and the American economy and in fact the world economy aren’t adversely impacted because people can’t do their jobs.“
I should mention that Obama cut his Hawaiian golf vacation short (costing ordinary folks who pay taxes an extra $100,000-$200,00 in transportation costs) so he could meet with intransigent Republican leaders and push them to agree to the “Obama middle class tax cuts” (Obama’s a big tax cutter, you know) because he cares for us folks so deeply.
Obama reportedly told John Boehner that he will use his inaugural address, and State of the Union to blame the GOP if we go over the cliff – because he has such a connection with ordinary folks all across the nation, he knows we will believe anything he says.
I can tell you another thing a lot of ordinary folks are discussing as they meet their deadlines and do their jobs and that’s the$1 trillion in Obamacare job-killing tax hikes that are hitting on Jan. 1.
On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, for the years 2013-2022, Americans face a net $1 trillion tax hike for the years 2013-2022, according to theCongressional Budget Office.
New obama regime propaganda poster.