Self Dealing Socialism

In my book Never Allow A Crisis To Go To Waste, I detail how Barack Obama’s “clean energy economy” socialism planned to tax the oil and gas industry out of existence and redistribute that wealth to support government directed alternative energy industries and electric cars. Because almost no one was willing to buy a $40,000 underperforming battery car, Obama decreed that the government would buy the cars for their own fleets.

Today, we learn the self dealing socialism gets even worse.

The Obama administration gave Arizona solar panel manufacturer, First Solar, $32.3 million in loans and grants to build a plant in Ohio to help Democrat governor Ted Strickland get reelected. Then, Team Obama gave First Solar another $455.7 million in loan guarantees to sell its solar panels to a solar far it owned in Canada to goose the government export figures. In short, the administration put the taxpayers on the hook for nearly half a billion dollars to finance First Solar’s export of solar panels to itself.

This gives an entirely new meaning to the term incestuous relationship.

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About Bart DePalma

Bart DePalma is a solo country attorney practicing in the mountain town of Woodland Park, CO. Bart publishes the Citizen Pamphleteer blog and his new book Never Allow A Crisis To Go To Waste: Barack Obama and the Evolution of American Socialism was released December 2011. View all posts by Bart DePalma

2 responses to “Self Dealing Socialism

  • Shavis

    Incestuous relationship is correct and… it seems, nary a day goes by that BHO or his administration doesn’t cram another governmental edict down the throats of its citizenry, then send the bill to the taxpayers of which half will get a pass. It comes from every direction, health care, labor, education, environmental, energy, homeland security (with all its arms), social welfare & security, fiscal, military… it’s pervasive! It’s tyrannical!

    Many are speaking out, but it seems, but no one is calling for the question. Who will say – ENOUGH – and be heard? Is ‘the word’ trickling out slowly and gaining strength, or just being heard by the ‘fringe right’ and falling on the deaf ears of the masses?

    IMHO our country is in a crisis… how do we not waste it?

    Shavis

  • Scott Wayt

    BO’s true colors are showing now.

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