Obama's Green Loans Scam Erupts In Flames
Defund Obama's Green Loans Scam - SEND FAXES
TO ALL 100 SENATORS - NOW!
Defund Obama's Green Loans Scam - SEND FAXES
TO ALL 100 SENATORS - NOW!
ALERT: Forget about capitalism - now we have Obamalism. Obama is pouring billions of dollars into green energy rackets and rewarding his top donors with multi-million dollar green loans.
Over and over again Obama chooses to interject big government into the free markets. In 2009 he nationalized Chrysler and GM spending over $80 billion dollars of taxpayer money to bailout the failing companies.
His plans to revive the car companies failed miserably. In the end Obama's reckless bet resulted in a $14 BILLION DOLLAR LOSS! Even with billions of cash at their disposal, Obama Motors was unsuccessful.
The National Highway Traffic Safety Administration (controlled by Obama cronies) have now found the cars to be "safe." Clearly, meddling in the free markets and forcing companies to go green has yielded terrible results. The government doesn't pick winners and losers; capitalism does.
Obama Donor Receives Loan Worth Millions
So what if we gave $500 million dollars to green companies and then they went bankrupt?The green companies imploded because we didn't give them ENOUGH money!
That's what Obama and the progressives think. Shortly after the historic loss of $500 million tax dollars from the collapse of Solyndra and dozens of other green companies, the Obama administration is doing it all over again. Don't forget, all these failed companies were headed by big shot Obama donors.
Obama managed to squeeze in another round of green funding to the tune of $737 MILLION DOLLARS! And guess who gets the biggest piece of the government money pie? SolarReserve, a company financed by Nancy Pelosi's brother-in-law! Talk about crony socialism!
Do these people not have any SHAME? Did their parents forget to teach them that it's wrong to take something that doesn't belong to you? If Nancy Pelosi was so smitten with SolarReserve, she should've dipped into her $58 fortune!
Her brother-in-law, Ronald Pelosi, is in charge of PCG Clean Energy & Technology which is the #1 financial backer for SolarReserve. Argonaut Private Equity (who took a huge profit loss on their Solyndra bet) is also contributing money to Ronald Pelosi's government funded green project.
It's time to put an end to the progressive's friends, family and donor perks program!
Apparently, the American public wasn't the only ones to catch a whiff of the Solyndra stench. Last year, senior White House officials were so worried about the failing solar panel company that the BEGGED Obama to cancel a trip to the company's California manufacturing plant.Katie Fehrenbacher reveals the outrageous details. In May 2010, Steve Westly, a California venture capitalist and Obama donor wrote an email to Valerie Jarrett, a senior advisor to the president. His email said:
"I just want to help protect the president from anything that could result in negative or unfair press. If it's too late to change/postpone the meeting, the president should be careful about unrealistic/optimistic forecasts that could haunt him in the next 18 months if Solyndra hits the wall, files for bankruptcy, etc."
Enough Is Enough!
Obama's $737 green stimulus will guarantee loans for 14 earth-friendly companies. According to the Washington Post, Obama's $38.6 billion dollar loan guarantee program that he said would create 65,000 jobs only created 3,545. Is he giving these greenie workers million dollar pensions? It's Outrageous!
Solyndra and LightSquared aren't the only green company that raked in billions of taxpayer dollars. Four other companies working on sustainable energy projects received stimulus cash. Keep in mind, as Obama's green scandal deepens we could hear about many more companies that profited from having close ties with Obama.
Fox New exposed just how far Obama's crony socialism goes...
- Evergreen Solar Inc. - collected over $5.3 million dollars of stimulus money to build solar panels at 11 colleges and universities and build a recycling education center. The company filed for bankruptcy last month.
- SpectraWatt - Received $500,000 in stimulus money to build solar panels. Like Evergreen Solar, they also filed for bankruptcy last month.
- Mountain Plaza Inc. - Even though the organization filed for bankruptcy in 2003, they were awarded over $424,000 in stimulus money. Before the enterprise filed bankruptcy in 2010, they made systems that turned off "environmentally hazardous" diesel engines when truck drivers were stopped.
- Olsen's Crop Service & Olsen's Mills Acquisition Co - Obama gave them $10 million dollars to create jobs, buy new equipment, and refinance their debt. In January 2010, they received the stimulus moneyafter they filed for bankruptcy.
THIS IS NOT A FIGHT WE CAN AFFORD TO LOSE
1. Select Below To Tell The Senate To Cut Off All Green Loans Funding!
2. Send this Alert to EVERYONE you know and every like-minded friend on your personal email list who wants to STOP Obama from throwing money down the drain! Failing businesses run by hippies are not going to save the economy! We need to get HUNDREDS OF THOUSANDS of faxes delivered to EACH AND EVERY Senator. It's time the Senate gets the message - LOUD & CLEAR!3. Keep calling your Senators today, toll free numbers include 1-877-851-6437 and 1-866-220-0044, or call 1-202-225-3121 AND REGISTER YOUR OUTRAGE! Demand they cut funding to Obama's green loans program now.
4. CALL President Obama, 202-456-1111 and 202-456-1414 expressing your disdain and ABSOLUTE REJECTION of the loan racket. Tell Obama that you DO NOT SUPPORT wasting tax dollars on companies that will eventually go bankrupt. It's insane!
5. Print this copy and pass it around where normal working class Americans gather who care about the future of our country. Polling data reveals that Americans want to stop the endless stimulus now!
DO NOT BE SILENCED - MAKE YOUR VOICE HEARD!
NOTE: We need TENS OF THOUSANDS of faxes and PHONE CALLS and EMAILS delivered TO ALL SENATORS RIGHT AWAY!
Your voice can be heard -- we need your urgent help at AmeriPAC.
Even smaller donations are going to help.
Defend America,
Alan M. Gottlieb
Chairman, AmeriPAC
If you prefer to send a check, please mail to:
American Political Action Committee (AmeriPAC)
PO Box 1682
Dept Code 4976-e-active
Bellevue, WA 98009-1682
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