“The $10 Trillion Climate Fraud” (Re-post)

http://news.investors.com/ibd-editorials/042810-531731-the-10-trillion-climate-fraud.htm#

http://www.nytimes.com/cwire/2010/05/03/03climatewire-sale-of-chicago-climate-exchange-to-ice-reinfo-362.html

“But as Hoover Institution scholar Peter Schweizer reported in his book, “Throw Them All Out,” fully 71 percent of the Obama Energy Department’s grants and loans went to “individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party.” Collectively, these Obama cronies raised $457,834 for his campaign, and they were in turn approved for grants or loans of nearly $11.35 billion. Obama said this week it’s not the president’s job “to make a lot of money for investors.” Well, he sure seems to have made a lot of (taxpayer) money for investors in his political machine.

All that cronyism and corruption is catching up with the administration. According to Politico, “The Energy Department’s inspector general has launched more than 100 criminal investigations” related to the department’s green-energy programs.”http://www.washingtonpost.com/…/24/gJQAXnXCnU_story.html

About budbromley

Life sciences executive, retired
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