New Obama Green Energy Pet Goes Bankrupt – American Taxpayer Loses $118 Million

27 January 2012, 4:32 pm

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Obama backed hybrid battery company Ener1 Bankrupt 300x217 New Obama Green Energy Pet Goes Bankrupt American Taxpayer Loses $118 Million

Ener1, an Obama-backed hybrid car battery company files for bankruptcy

Yet, another Green Energy pet of the Obama administration, Ener1, who received $118 Million in government funding, is now filing for bankruptcy! SHOCKING!!!

Take this latest waste of our money by the Obama administration, and add it to the other Obama-backed companies who took millions of dollars of our money, only to turn right around and file for bankruptcy, and I bet that the total is nearing a trillion dollars of lost money.

You can easily see that the Obama administration either has their hands dirty, in the pot of our money, or they just have no clue how to run an economy. We think it’s probably some of both! Obama definitely has no clue how to run an economy, and Obama is also very famous for spreading our wealth to his friends, family, and supporters.

The parent company of an electric car battery maker that received more than $100 million in government funding from the Obama administration has filed for bankruptcy protection, the company announced Thursday.

Alex Sorokin, the CEO for lithium-ion battery manufacturer Ener1, said the company suffered when demand for the batteries dropped as fewer Americans than expected opted for electric cars.

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36 Tax Evading Obama Aides Owe Over $833,000 in Back Taxes

26 January 2012, 12:48 pm

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Above-The-Law, Tax Evading Obama Administration Aids Owe Over $833,000.00 in Back Taxes!

The Internal Revenue Service has revealed a new report that shows 36 of President Obama’s executive office staff have not paid their taxes in quite some time, and owe the country $833,970 in back taxes!

Obama likes to talk about everyone paying their fair share, but that only applies to anyone who doesn’t have ties to Obama.
Democrats feel that they are above the law, so they don’t have to pay their taxes, as we have seen time and time again in the near-past, when other Democrats evade paying their taxes.

We know how this will play out though, as it has with all of the many other tax evading Democrats. They will claim that their taxes weren’t paid because of an oversight, or mistake somewhere, that prevented them from paying their fair share of taxes, and no doubt that the brain-dead, Obama-swooning, liberal media will let them get away with their crimes, without any real coverage or journalism.

How embarrassing this must be for President Obama, whose major speech theme so far this campaign season has been that every single American, no matter how rich, should pay their “fair share” of taxes.

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Obama To Ignore Order to Appear in Court By Atlanta Judge

26 January 2012, 12:28 pm

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Obama To Ignore Order to Appear in Court By Atlanta Judge

Once again, Illegal Immigrant in Chief Obama, feels that he is above the law, and has decided to ignore a subpoena and judge’s order to appear in court.
Obama knows that if he did actually cooperate in the case against him, he would at worst be found not eligible to be president, or at the very least, would be badly damaged in his bid for re-election.

President Obama will ignore an order by an Atlanta judge to appear in court Thursday for a hearing in a case challenging his qualifications under the Constitution to be president.

According to the White House, Obama will continue with his current trip out West, starting the day in Las Vegas and then continuing on to Buckley Air Force Base in Aurora, Colorado before heading to Detroit where he will spend the night.

The Associated Press reported last week that the judge had denied a motion to quash a subpoena for the president to show up for the hearing, which is scheduled for 9 am ET. Obama may still be sleeping – it will only be 6 am in Las Vegas.

The case centers on whether Obama, whose father was Kenyan, qualifies as a “natural born citizen,” as required of a president under the Constitution. Some contend that “natural born citizen” means both of a presidential candidate’s parents must be U.S. citizens.

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