Solendra on steroids - Biden's green energy boondoggle blows up | Eastern NC Now
Climate Industrial Complex screws the taxpayers thanks to Democrats
Biden's "investments" of our tax money in the Climate Industrial Complex keep going down in flames. First its was the bankruptcy of an electric school bus company that will stiff not only federal taxpayers for big loans provided by Biden but also lots of schol districts whose bus orders will never get delivered. Now, it is a solar energy company.
The famous solar energy boondoggle was Solendra, a name synonimous with waste and fraud. Taxpayers got hung out to dry when that company imploded. Biden, however, out did even the Solendra disaster in pouring money down the solar energy rathole.
The Biden regime made the biggest solar energy loan ever, $3 Billion, to a solar panel company called Sunnova. Now Sunnova has filed for bankruptcy and it's financail statements show that it does not even have sufficient funds to continue operations.
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Biden's whole Green New Deal was nothing but Climate Industrial Complex grift. Not only are these bad loans blowing up, but they got caught with their $20 Billion slush fund of handing out money to Democrat political operatives through EPA. One of their EPA political appointees had the audacity to call that program "tossing gold bars off of the Titanic".
They had the gall to call this Green New Deal legislation the "Inflation Reduction Act", an exercise in Orwellian Newspeak. That bill actually INCREASED inflation, both indirectly by an explosion in deficit spending, but also directly by raising energy costs, something that impacts to the price of just about everything. We need to call out the RINOs who helped Biden do it, and that includes Thom Tillis. These RINOs gave their votes to Biden's earlier misnamed Infrastructure bill, so that Biden did not have to use a "Reconciliation" slot for that. By doing so, Tillis and the others preserved the reconsiliation slot so Biden could use it to pass his "Infation Reduction" Green New Deal bill. Tillis needs to be replaced in the priamry in 2026. WE need to bounce Traitor Thom out of the US Senate. |
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Hopefully, DOGE will cast a bright light on this Democratic Socialist /Non Patriot fraud that is directly paid for by all taxpayers, where these Non Patriots will finally find the interior walls of jails as their long term homes.
All criminals must be taken off the streets.