Big Green projects that failed: Solyndra received a $535 million loan guarantee to build solar panels and went bankrupt. Abound Solar got a $400 million stimulus loan guarantee and went bankrupt. Tonopah Solar Energy got $737 million in loans and went bankrupt. Fisker got a $529 million stimulus loan to build electric cars and went bankrupt. A123 got a $249 million stimulus grant to build electric car batteries and went bankrupt. Ener1 got a $118.5 million grant to build electric car batteries and went bankrupt. The only American jobs being created by Biden’s jobs plan are at San Francisco environmental consulting firms. The Big Green that killed millions of American jobs and created the Rust Belt isn’t about to lift its birkenstocks off the necks of the American working class.
Yes, and Obama profited off of Solyndra. I’m sure every one of these other “boondoggles” has enriched many other corrupt, lying scumbag politicians, including Joe the Pedo Biden. Our government is nothing now but a huge scam and a racket.
We were still waiting for our Covid Relief money ($1000 per chicken house) and were told last month that it had been “reclaimed” by the Biden administration to be used for the “forgive all federal ag loans of POC farmers”, which includes Asians and Middle Easterners. The money would only have helped to pay for one flock’s electric bill, but it was something. I hear that there is a lot of Covid Relief money hanging around that can be reclaimed for a “better” purpose.
Obama’s stimulus only made getting actual work done more complicated, even if the shovel had been digging for years. It set back progress and redirected funding to be under the care of committees. It nearly derailed and certainly impeded Maryland Broadband’s progress to fully connect the unserved and underserved and instead helped to replace the already served and politically connected with high speed broadband fiber. The unserved and underserved are still so. Virgil initiated Maryland Broadband and still sits on the board and has never received any pay for his work, although he did get a nice jacket many years ago. Fully connecting the Shore is something that he hopes to see finished one day and it continues to frustrate him and they were doing so well before the stimulus. At least there is the backbone of broadband throughout the state of Maryland and that is something to be proud of.
Well that is our little bit of history with Obama’s stimulus.
Sounds like a great example of Socialism in action! The actual effects of it, rather than the B.S. they sell it as.