Government Green Energy Jobs : Democrat Money Laundering

It doesn't seem to matter that when this administration decides to favor an industry it is destined to fail. The real tragedy is the billions of dollars that they used to bring in green energy to replace fossil fuels belonged to all of us down here in the trenches.

Worse, a lot of this money will wind up in the hands of the Democrats that spent the money on these failures. It's called money laundering. Bundling by Democrat operatives, that own or work for these fail industries, gather funds off the top of the balance sheet and send them back to the Democrat party headquarters. Unions have been doing this for decades.

The recall in Wisconsin is all about the loss of this control of taxpayer monies by the Walker budget reform Act 10, that the unions have always used to pay for their agenda. The recall is about the money and power to control it and always has been.

Green Energy Jobs Far Short of Obama Goal
Source: Brian Hughes, "Green Energy Jobs Far Short of Obama Goal," Washington Examiner, May 26, 2012. fantasies

President Obama has made much of his commitment to green energy as he launches his re-election bid, but the nascent industry has produced far fewer jobs than the president promised, despite massive, repeated infusions of taxpayer dollars, says the Washington Examiner.

The president promised 5 million new energy jobs across the country for an investment of $15 billion a year in renewable sources of energy, but he has fallen far short of his own mark.

•The wind industry has actually lost about 10,000 jobs since 2009, even though it doubled its domestic production, the American Wind Energy Association reports.
•Obama spent $90 billion of his stimulus package on green energy projects, including weatherization of buildings and development of electric vehicles.

Administration officials say that laying the foundation for green energy boosts the United States in the long term, even if jobs aren't being created at the pace Obama had promised in the campaign.

Still, with job creation lagging behind his own predictions, Obama's green energy initiatives have provided Republicans with political ammo they have not hesitated to use against him, including the bankruptcy of Solyndra, a solar panel manufacturer that failed despite a $535 million federal loan.

Such failures, Republicans say, prove the government can't pick winners and losers in the private sector.