obama atm insert taxpayer funds here free money machine america atm sad hill news

With the ‘recession ending back in 2009‘ thanks to 1.9 million fewer jobs and the Fed’s failure to secretly bail out GE, Harley-Davidson, Verizon, Toyota, Tesla Motors and foreign banks, it’s high time Obama spent our hard-earned money on a little something for himself:

(Washington TimesPresident Obama now claims there’s only $2 billion he can cut out of this year’s $3.6 trillion in federal outlays. He’s not looking very hard. The administration’s trillion-dollar “stimulus” spending spree spread millions in U.S. taxpayer dollars around places like the president’s boyhood home, Indonesia. Money that stayed within the country often wound up in the hands of debt-riddled, fly-by-night firms. This week, the White House continued to stonewall attempts to get to the bottom of where our money has been going.

On Friday, the House Energy and Commerce Committee delivered a subpoena to the Office of Management and Budget (OMB) ordering the disclosure of documents related to the $535 million loan guarantee the Department of Energy gave to Solyndra Inc. This firm has been dear to Democratic luminaries, from Energy Secretary Stephen Chu to the president himself. “The true engine of economic growth will always be companies like Solyndra,” Mr. Obama said during a May 2010 visit.

No strangers to ‘Obama economic growth‘ here in the United States, the latest ‘success’ story comes from just across the pond:

The loan was meant to prop up a plant that would produce solar panels, ensuring the country would become more “green.” Instead, Securities and Exchange Commission filings show Solyndra’s books are nothing but red. The outfit lost $518,694,000 between 2007 and 2010 despite the massive infusion of public cash and private venture capital. OMB refused to disclose any documents that would shed light on why the government approved loans to this particular company.

The firm’s private investors include major donors to the Democratic Party, as do other recipients of the $11 billion Department of Energy slush fund used to dole out cash to so-called “clean technologies.” Absent these massive subsidies, the solar power industry would be about as large as the sundial manufacturing industry. Nonetheless, the Obama administration is desperate to paint intermittent energy sources as “the future.” It has no qualms about pouring billions in other people’s money into any product bearing the “green” label, even if that means handing over sacks of cash to foreigners.

UPDATE (07.18.2011): Howdy Nice Deb and Nice Deb readers!

~snip~

Michelle says, ‘Obama’s home is Kenya’: HERE

Wall Street ‘masterminds’ baffled by slowing economy – prepare for QE3: HERE

Stimulus money went to foreign banks and industry: HERE and HERE

Jesse Jackson, ‘We need more stimulus’: HERE

False unemployment and phony jobs claim: HERE

Media fall for phony ‘jobs’ claim: HERE

Obama says, ‘There is going to be a tug-of-war within the US between those who see globalization as a threat, and those who accept it’: HERE

Bankrupt-Bankrupt GE to spend $30 billion as Obama administration continues to fund GE: HERE

Obama seeks $53 billion to fund ‘secretly’ bailed out GE for high-speed rail: HERE

General Electric going bankrupt: HERE and HERE

GE loves Obama joke, ‘shovel-ready was not as shovel-ready as we expected’: HERE

Bankrupt-Bailed-Out-Government-Owned-Tax-Free-Overseas-Job-Outsourcing GE Tells American Business Owners, ‘Stop Complaining About Big Government’: HERE

Obama administration buys 1-in-every-4 GM and Ford hybrids sold since 2008: HERE and HERE

Tesla Motors Awarded $465 Million in government funds: HERE

Obama, ‘I will not rest until I finish another round of golf’: HERE

Washington ComPost – ‘Never mind Obama’s fishy birth certificate, we’ll investigate Palin’s e-mails’: HERE

Obama plasters birth certificate on t-shirts, coffee mugs and forehead: HERE

Obama born in Hawaii because he says so: HERE

Obama and Abercrombie, Marxist pals: HERE

Obama organization endorses Communist Party: HERE

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28 Responses to Obama Blows $ Millions In Taxpayer Funds To ‘Stimulate’ Indonesia, His Boyhood Home

  1. RandyG says:

    I just want to scream every time I find out a little bit more about this creep and his crew.
    And your interview last night with Andrea was quite interesting to me. I thought you must have had some film/news/photography back ground.

  2. Tusker says:

    I love this quote and think it should be passed around as much as possible until 2012 election!!

    Some people have the vocabulary to sum up things in a way you can understand them. This quote came from the Czech Republic . Someone over there has it figured out. We have a lot of work to do.

    ” The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.”

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  20. America, no more negative compromises! We are tired of it! | Red White Blue News says:

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