Some 80% of companies receiving Department of Energy backing, according to the Hoover Institution's Peter Schweizer, are "run by or primarily owned by Obama financial backers."
Al Gore, is worth an estimated $100 million, thanks to $2.5 billion in federal loans, grants and tax breaks, according to the Washington Post.
By Obama's own arithmetic, the $21 billion spent so far on green energy should have delivered 700,000 jobs. Actual count: 28,854, according to Bloomberg Businessweek.
The cynical phony green initiative doesn't just stop with wasteful handouts to Solyndra and one dozen other bankrupt green-energy companies. The money being wasted is borrowed money. Both the U.S. and China are using China's money to fight their green subsidy war. And while China might be prepared to write off its own losses, it won't write off ours.
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