Hey, It’s Okay – It’s Somebody Else’s Money: Taxpayer-Subsidized “Green Energy” Company Hasn’t Produced Any Batteries
By marfdrat on March 19, 2013
But, they’ve done a lot of community service projects, and played a lot of video games, according to an Inspector General report (hey! why hasn’t that inspector been sacked yet?). Wile E. Obama’s ACME Economic Destruction Co. keeps racking up the winners in “green energy” investments. A long list of his winners has gone under since plowing
mbillions of taxpayer funds into them. Here’s another shining example of how you shouldn’t let government functionaries with no skin in the game to pick investments with somebody else’s money.
Posted in Economics & Politics | Tagged acme economic destruction co., Argonne, batteries, boondoggles, chevy dolt, chevy volt, electric cars, green energy, green energy failures, LG Chem, wile e obama | Leave a response
By marfdrat on January 8, 2013
Gore sold his Current TV network to Al Jazeera just before the end of the year. The staff’s first meeting with their new owners didn’t leave them feeling very good about the whole thing:
By marfdrat on October 17, 2012
Anyone seeing a pattern here? This is just one in a series (here’s a list of 12 from back in July) of “green” companies that have failed after receiving stimulus money. President Obama really does only pick the losers.
By marfdrat on April 30, 2012
The researcher says that the wind farms can actually have an impact on regional meteorology. Not, I’m sure, the intended effect.
New research finds that wind farms actually warm up the surface of the land underneath them during the night, a phenomena that could
By marfdrat on April 29, 2012
Our Prevaricator in Chief recently said this:
But you and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20 percent of the world’s oil. We need an all-of-the-above strategy that relies less on foreign oil and more on American-made energy – solar, wind, natural gas, biofuels, and more.
The truth, fortunately for Americans, is quite different. America has a lot more oil, natural gas, and coal than the eco-bullsh*t left wants you to know. In fact, we have hundreds of years of energy supplies, if we will only allow them to be recovered. Here are 10 facts about American energy compiled at The American Dream:
By marfdrat on April 25, 2012
The hypocrisy of our “green at any cost” president is never more evident than in this report from The Foundry, the Heritage Foundation’s blog. Obama was quick to criticize insurance companies and banks that paid their executives bonuses after being bailed out by the government. He is silent, however, when failed -and failing- “green energy” companies that are backed by taxpayer-funded loans pay huge compensation and bonuses to their executives. Where’s the outrage here, Mr. President?
By marfdrat on March 22, 2012
Speaking in Cushman, OK (conveniently placed in front of some big pipes), The CEO of the ACME Economic Destruction Co. tells one of those half-truths that’s politically convenient. Here’s the video:
By marfdrat on March 1, 2012
That the Wile E Obama administration embraces high gas prices is not really a surprise – he said himself that “energy prices would necessarily skyrocket” under his energy policy. I guess it’s just surprising to hear one of his ACME Economic Destruction Co. lieutenants admit it.
By marfdrat on June 28, 2011
I’m sure you’ve heard noise of one kind or another (most likely negative) about fracking, a technique used to extract natural gas from the earth. Lots of people are up in arms about fracking (I think they just like saying it – “fracking” has a nice ring, doesn’t it?). Nick Gillespie of Reason TV interviews science correspondent Ronald Bailey about fracking; what it is, and why there’s controversy over this technique that could be used to keep us in domestically-produced natural gas for a long time. I think that is the real reason why people dislike it, especially environmentalists that want us to get our energy from windmills and solar panels, which won’t be economically practicable for a looooong time. From the Reason introduction to the interview:
Posted in Eco-Bullsh*t, Economics & Politics | Tagged algore, carbon-based fuels, eco-bullsh*t, Energy, Environment, green, green energy, hydrocarbons, natural gas, renewable energy, utopian schemes | Leave a response
Exxon Makes Major Oil Discovery in Gulf: Will the Obama Administration Seize the Opportunity? Doubtful.
By marfdrat on June 9, 2011
Exxon just announced it has found 700 million barrels of oil at a well in the Gulf of Mexico. The well is located 250 miles south of New Orleans, in 7,000 feet of water. The question now is will the Obama (*DfOaLG) administration issue a permit to allow them to recover it? (from The Hill)
Posted in Eco-Bullsh*t, Economics & Politics | Tagged deepwater drilling, DFOaLG, eco-bullsh*t, energy policy, exxon, exxon mobil, green energy, Gulf of Mexico, obama, president windmill, Wile E. Coyote | Leave a response