Sunday, January 13, 2013 3:27:30 PM
excerpt failures; face it????? "Green energy" as we know it is a scandalous rip-off — and a total failure.
After countless big promises (and billions of taxpayer dollars), wind, solar and geothermal provide a mere 9% of America's energy needs.
Solyndra, the once-heralded solar company, sums up the whole "green" scam quite nicely...
These guys alone leached $535 million (more than half a billion dollars!) in public funds before going belly-up and undergoing an FBI investigation.
they're far from the only culprits in this whole fiasco...
couple of months ago, a company by the name of Himin Solar had their IPO terminated and was suspended from the stock exchange entirely.
Then there's BrightSource Energy, the outfit bailed out by Obama last year despite being $1.8 billion in debt.
few names on a long list of companies just like them...
look at a short list of the biggest "green" scam artists in recent memory:
[-chart]images.angelpub.com/2012/46/17114/greenhoax-1.png[/chart]
•Electric car battery producer A123 hiked executive pay 36% after canning 125 employees...
•First Solar, one of the world's largest solar companies, slashed 2,000 jobs in April — after increasing executive and CEO pay to $50 million...
•Willard & Kelsey Solar Group lent its executives $500,000 and paid them $1 million — before beginning operations...
•Beacon Power paid executives $260,000 in bonuses as it collapsed...
entire "green" disaster has spun so far out of control that even Al Gore's company is dumping its holdings in green
energy stocks.
Washington Post, Al Gore is "50 times richer than when he left the vice-presidency in 2001," making him "$100 million partly through investing in alternative energy firms subsidized by the Obama administration."
[-chart]images.angelpub.com/2012/45/17074/cartoon-green-hoax.png[/chart]
if renewable energy was anywhere close to being a viable power source, it wouldn't need a penny from taxpayers.
But since 80% of all the "green" subsidies and loans went to generous donors of President Obama, it's plain to see that "green energy" firms are little more than fronts for crooks (and former vice-presidents) to pick your pocket.
In August it was revealed that the Wall Streeter in charge of independently reviewing the loans — and who claimed they all carried "minimal risk" — is also a major donor.
outrageous as all of this, it gets worse. Because instead of giving up on the green energy pipe dream, the U.S. government is doubling down on it.
last year the Department of Energy awarded $43 million in grants to 41 wind energy research and development projects.
in March, President Obama enacted a plan in which the U.S. Army partnered with favored firms to develop renewable energy sources.
The cost of this little program? Only $7 billion.
all of these shenanigans have helped double the price of gasoline since 2009...
[-chart]images.angelpub.com/2012/46/17120/greenhoax-chart1.png[/chart]
politicians escalate their war on America's energy resources, a select group of oil and gas investors is having an absolute ball...
And as "green" investors watch their money float away, this other bunch is raking in monster returns of 103% , 114%, 118% , 140% , 170%, 286% , 478% , 575%, and much higher!
[-chart]images.angelpub.com/2012/46/17129/greenhoax-chart4.png[/chart]
Green Weeds Wilt...
you've probably heard, the Bakken Shale Formation in Montana and North Dakota holds up to 4.3 billion barrels of the lightest, sweetest crude in North America.
[-chart]images.angelpub.com/2012/46/17127/greenhoax-chart2.png[/chart]
armada of hydraulic fracturing fleets totaling 210,000 horsepower, its top-of-the-line equipment and expertise are being used by heavy hitters like Exxon, Apache, Chesapeake Energy, Penn Virginia, and many others to boost production.
After countless big promises (and billions of taxpayer dollars), wind, solar and geothermal provide a mere 9% of America's energy needs.
Solyndra, the once-heralded solar company, sums up the whole "green" scam quite nicely...
These guys alone leached $535 million (more than half a billion dollars!) in public funds before going belly-up and undergoing an FBI investigation.
they're far from the only culprits in this whole fiasco...
couple of months ago, a company by the name of Himin Solar had their IPO terminated and was suspended from the stock exchange entirely.
Then there's BrightSource Energy, the outfit bailed out by Obama last year despite being $1.8 billion in debt.
few names on a long list of companies just like them...
look at a short list of the biggest "green" scam artists in recent memory:
[-chart]images.angelpub.com/2012/46/17114/greenhoax-1.png[/chart]
•Electric car battery producer A123 hiked executive pay 36% after canning 125 employees...
•First Solar, one of the world's largest solar companies, slashed 2,000 jobs in April — after increasing executive and CEO pay to $50 million...
•Willard & Kelsey Solar Group lent its executives $500,000 and paid them $1 million — before beginning operations...
•Beacon Power paid executives $260,000 in bonuses as it collapsed...
entire "green" disaster has spun so far out of control that even Al Gore's company is dumping its holdings in green
energy stocks.
Washington Post, Al Gore is "50 times richer than when he left the vice-presidency in 2001," making him "$100 million partly through investing in alternative energy firms subsidized by the Obama administration."
[-chart]images.angelpub.com/2012/45/17074/cartoon-green-hoax.png[/chart]
if renewable energy was anywhere close to being a viable power source, it wouldn't need a penny from taxpayers.
But since 80% of all the "green" subsidies and loans went to generous donors of President Obama, it's plain to see that "green energy" firms are little more than fronts for crooks (and former vice-presidents) to pick your pocket.
In August it was revealed that the Wall Streeter in charge of independently reviewing the loans — and who claimed they all carried "minimal risk" — is also a major donor.
outrageous as all of this, it gets worse. Because instead of giving up on the green energy pipe dream, the U.S. government is doubling down on it.
last year the Department of Energy awarded $43 million in grants to 41 wind energy research and development projects.
in March, President Obama enacted a plan in which the U.S. Army partnered with favored firms to develop renewable energy sources.
The cost of this little program? Only $7 billion.
all of these shenanigans have helped double the price of gasoline since 2009...
[-chart]images.angelpub.com/2012/46/17120/greenhoax-chart1.png[/chart]
politicians escalate their war on America's energy resources, a select group of oil and gas investors is having an absolute ball...
And as "green" investors watch their money float away, this other bunch is raking in monster returns of 103% , 114%, 118% , 140% , 170%, 286% , 478% , 575%, and much higher!
[-chart]images.angelpub.com/2012/46/17129/greenhoax-chart4.png[/chart]
Green Weeds Wilt...
you've probably heard, the Bakken Shale Formation in Montana and North Dakota holds up to 4.3 billion barrels of the lightest, sweetest crude in North America.
[-chart]images.angelpub.com/2012/46/17127/greenhoax-chart2.png[/chart]
armada of hydraulic fracturing fleets totaling 210,000 horsepower, its top-of-the-line equipment and expertise are being used by heavy hitters like Exxon, Apache, Chesapeake Energy, Penn Virginia, and many others to boost production.
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