O'Reilly: Colossal Waste of Money

Posted by Jim Spence on Sunday, October 2, 2011
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Bill O'Reilly
Townhall - Nobody likes buying oil from OPEC. Nobody likes coal dust dropping from the sky. We all know that pollution is bad, and greedy oil sheiks are not looking out for us. The problem is, we don't have a realistic alternative fuel option. So we have to live with a bad situation. President Obama has fast-tracked green energy projects, and the results, thus far, have been awful. The Solyndra scandal is the best example. The feds provided this solar panel company $528 million in loans. Shortly after that, the company declared bankruptcy. See you later, a half-billion taxpayer dollars. Many Americans were upset by this colossal waste of money, but not The New York Times editorial page. It headlined: "One company's failure should not deter robust public investments in clean energy." Now we know why the nation is more than $14 trillion in debt. Read full column here: News New Mexico
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2 comments:

Anonymous said...

Long after Obama has been jettisoned out of office by the voters, the remainder of his administration's stupid investments will likely find their way into the bankruptcy courts. The only thing commensurate with a progressive's intellect for business is the balance in their personal savings and bank accounts and/or the amount they pay in personal income taxes...which is typically ZERO. How can anyone extend intellectual credibility to a group of persons who typically have nothing personally invested in the system?

October 3, 2011 at 12:53 PM
Anonymous said...

I'm a progressive. I have credibility. What the government needs to do is take control of all corporations. It worked for China when Chairman Mao was in charge. We can't afford to trust business over government if we want jobs. Americans need to vote their conscience.

October 4, 2011 at 7:57 AM

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