Revisiting Biden’s Tenure Shows His Infrastructure Involvement Was a Complete Failure

Political debate. Welcome Yahoo Message Board exiles and everybody else !!
Post Reply
User avatar
illeatyourdates2
Underboss
Posts: 46560
Joined: Thu Sep 04, 2014 3:16 pm

Revisiting Biden’s Tenure Shows His Infrastructure Involvement Was a Complete Failure

Post by illeatyourdates2 » Thu Apr 08, 2021 1:17 pm

Revisiting Biden’s Tenure Shows His Infrastructure Involvement Was a Complete Failure
Brad Slager

Posted: Apr 07, 2021 11:15 AM

President Biden’s proposed infrastructure spending plan has raised a number of questions around D.C. "What?" might be the most common one in reference to curiosity in his proposal. "How much?" is another frequently asked question as this is a constantly moving target, with $2 trillion as the baseline spending platform for his euphemistically-titled investment program; others are calling for it to rise higher. There is one question mostly going unasked, however, and it is one that is the most revealing.

"Why?!"

With a laundry list of items in store for Biden’s dream project -- with everything from trains, electric cars, renewable energy, public transit and retrofitting the plumbing in homes on the list -- one needs to ask a salient question in regards to this lead-pipe dream. Whatever happened to these items when Joe was the Vice President? President Barack Obama had called for many of these similar items when he was president, so the question to ask is "Why do we need these same proposals once again?"

The unoffered answer is those programs were a dismal failure. Back in 2008 President Obama set a goal of 1 million electric vehicles to be on the road by the end of his second term. After the government takeover of some automakers, subsequent government fleet purchases, and a heavily subsidized tax credit for buyers, the sum of new electric vehicles sold by the year 2015 was only 40 percent of his stated goal. Today the consumer market is still avoiding these vehicles, with exceptions being high-end options like Tesla or the new Mustang Mach-E. Now Biden wants to revisit this failed experiment.

The biggest item of failure was President Obama’s Green Energy initiative. This was a major governmental push to translate America’s dependence on fossil fuels and see us move to the next generation of energy independence. Most people are familiar with Solyndra, the solar panel company highly touted in the Obama years. The company became the poster logo of failed renewable programs when they filed for bankruptcy after blowing through over $500 million of government loans in less than two years.

What is less known is the sheer size of Obama’s list of failed green energy initiatives. Here is a lengthy but incomplete rundown of green companies granted governmental funds under Obama which soon operated in the red.

Green Volts $500,000

SpectraWatt $500,00

Willard and Kelsey Solar Group $700,981 federal/ $10 million state

Mountain Plaza, Inc. $2 million

Sun Tech $2.1 million

Satcom $3 million

ReVolt Technology $5 million federal / $5 million state

Azure Dynamics $5.4 million

Amonix $5.9 million

Thompson River Power $6.5 million

Stirling Energy Systems $7 million

Olsen’s Crop Service and Olsen’s Mills Acquisition Company $10 million

Energy Conversion Devices $13.3 million

Nordic Windpower $16 million

AES Eastern Energy/Energy Storage: $17.1 million

Konarka Technologies Inc. $20 million

Evergreen Solar $25 million

Smith Electric Vehicles $32 million

Raser Technologies $33 million

Navistar $39 million

Beacon Power $43 million

Vestas $50 million

Range Fuels $80 million

Nevada Geothermal $100 million

Mascoma Corp. $100 million

EnerDel’s subsidiary Ener1 $118.5 million

ECOtality $126.2 million

LG Chem’s subsidiary Compact Power $151 million

Babcock and Brown $178 million

Crescent Dunes $275 million

A123 Systems $279 million

Johnson Controls $299 million

Abound Solar $400 million

Fisker Automotive $529 million

Tonopah Solar Energy $735 million

SunPower $1.2 billion

First Solar $1.5 billion

Brightsource $1.6 billion

Bankruptcies, closings, and all-around failings are what is found throughout this list. All took in money from the Obama green stimulus program in 2009, and those billions have translated into vapor. Now Joe Biden, who had a front row seat to this mass of wasted conservation stimulus, wants to raise the ante and dump more into this failing venture.

His alleged "infrastructure" plan only dedicates less than 10 percent to infrastructure projects. (CNN fact-checked this claim, and even when using admittedly loosened standards for what qualified as "infrastructure spending" they only boosted this total to 30 percent.) Joe Biden’s plan wants to snow-shovel freshly printed cash into a host of boondoggle projects.

- $175 billion on electric vehicles

- $80 billion rail projects

- $100 billion electrical grid and green energy

- $10 billion for a ‘Civilian Climate Corps’

- $35 billion for technology to address climate crisis

This alone accounts for $400 billion in spending to be doled out to the man who overlooked the consummate failures from just years ago. WHY does anyone think spending vastly more on failures will deliver better results? WHY does anyone in the press continue to use the term "investment" on these projects which have only delivered losses? WHY would we entrust this man with that kind of spending? WHY does anyone think the guy who presided over the aforementioned monumental failures will not repeat those crater-inducing results?

And why do we not see more politicians on the Hill pointing out that the only place where the term "green energy" applies is in the power needed to fire up the Federal Mint, where the funding for these garbage proposals derives? It is enough to generate coal-fired anger.

https://townhall.com/columnists/bradsla ... p=20427508

:angel:
0 x

User avatar
barrysoetoro
Consigliere
Posts: 63440
Joined: Fri Sep 05, 2014 7:55 pm

Re: Revisiting Biden’s Tenure Shows His Infrastructure Involvement Was a Complete Failure

Post by barrysoetoro » Thu Apr 08, 2021 1:25 pm

Remember when evil said that Obama's stimulus saved us from a second depression?

What a joke. Economy was horrible in 2012. That idiot should never have gotten reelected.
0 x

Post Reply