Obama’s $7 Billion Renewable Energy Grants Targeted for Audits - Bloomberg
Government investigators are auditing some of President Barack Obama’s more than $7 billion in renewable energy grants to determine whether the money was awarded properly and the recipients were eligible.Bankrupt 'Green Jobs Company' Received $535 Million in Stimulus Money, Was Coincidentally Headed by Huge Obama Contributor
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Because the grants are based on the cost of a project, “there is no built-in encouragement for the developer to keep costs as low as possible,” Lisa Linowes, executive director of the Industrial Wind Action Group, said in an interview.
In other words, your kids and grandkids will be paying back that half-a-billion dollars (with interest) -- which was borrowed from the Chinese -- to pay off a huge Obama contributor (coincidentally).In The Know: Coal Lobby Warns Wind Farms May Blow Earth Off Orbit | The Onion - America's Finest News Source | Onion News Network
Panelists debate whether the U.S. is doing enough to heed the warnings of coal industry scientists who say turbines could blow the Earth right into the sun.
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