Archive of posts tagged free money

Obama Was Aware of Big Problems at Fisker Before Handing Out $529 Million Loan

Obama Was Aware of Big Problems at Fisker Before Handing Out $529 Million LoanObama and his cronies are complete fucking criminals! Is this REALLY news? Why is everyone so f’ing stupid?

After all of the green energy failures that Obama has presided over, we are now starting to get breaking reports that the Obama administration knew about, and ignored serious pre-existing problems with the each of the companies that he threw $ billions of our money at?

Every one of the green energy companies that Obama wasted our money on were already dead, shells of companies that were designed to take huge loans from the government, and then file bankruptcy. Allowing Obama’s friends and supporters who ran the shill companies to pocket $ millions of free money, in return for campaign bundling, and voter fraud.

Newly released documents show that the Obama administration was warned as early as 2010 that electric car maker Fisker Automotive Inc. was not meeting milestones set up for a half-billion dollar government loan, nearly a year before U.S. officials froze the loan after questions were raised about the company’s statements.

An Energy Department official said in a June

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Black Community Less Empowered Under Obama Than Republican Presidents

Black Community Less Empowered Under Obama Than Republican Presidents

Black Community Less Empowered Under Obama Than Republican Presidents

A new study shows that the Black Community feels less empowered under the “leadership” of Obama, or lack thereof is more the case.

Under Obama’s failed policies, more black Americans are jobless, live in poverty, and are forced to use more government services like food stamps, among many other failures by the Obama administration.

  • While the overall unemployment rate for most America was very high at 8.2%, the black unemployment rate exploded under Obama to a whopping 14.4% in June.
  • Food stamp reliance has mushroomed under Obama and now more than 46 million Americans rely on free money in the form of food stamps
  • Violence in the Black Community has exploded.
  • U.S. poverty is on track to be at the highest level since 1960.

“Rather than earning the black vote by presenting a healthy track record of effort on behalf of the black community, black people are simply being told to ‘keep the faith’ and to ‘have Barack’s back,’. It’s as if we’re being told to ‘stop snitching’ on the White …

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Obama Drives Up Food Stamp Usage Explosion With Spanish TV Shows Pushing Food Stamp Enrollment

Food stamp usage has jumped under Obama, and now a shocking 1 in 7 people are taking free money from the government in the form of food stamps (Supplemental Nutrition Assistance Program)

Obama Drives Up Food Stamp Usage Explosion With Spanish TV Shows Pushing Food Stamp Enrollment

Welfare Obama Drives Up Food Stamp Usage Explosion With Spanish TV Shows Pushing Food Stamp Enrollment

Now the brain-dead Obama administration has made deals with Spanish TV producers to make TV shows that aim to get more people using food stamps. Each TV show is made yup of 10 episodes, called “PARQUE ALEGRIA,” which translates to “HOPE PARK”. What a joke! So Obama is still pushing Hope and Change, but not the kind of hope or change that anyone, except socialists, wanted.

51% of illegal immigrants, and 1 in 7 Americans are now on food stamps, but this is not enough for Obama and the Democrat. They will not stop running our economy into the ground, and killing as many jobs as possible, until everyone in America is on food stamps, and completely dependent on the government.

“Will Claudia convince Ramon to apply for SNAP and basically steal …

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More Failed Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies – US Taxpayers Lose Additional $400 Million

More Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies - US Taxpayers Lose Additional $400 Million

More Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies – US Taxpayers Lose Additional $400 Million

Thanks to Obama’s inability to do anything right, more companies that received huge green energy loan guarantees are going bankrupt.

The latest in Obama’s horrible record of failed loans to his friends and supporters was the huge loan to Abound Solar Inc, which is costing US Taxpayers an additional $400 million in lost funds.

Obama thinks he is getting away with his green energy scams, where the Obama administration gives huge loan guarantees to their friends and supporters, knowing full well that the green energy companies were only started in order to get in on the free money from Obama, while the Obama administration knew these companies were bound to fail.

Abound Solar Inc., a U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, will close its doors and file for bankruptcy because its panels were too expensive to compete with Chinese products, according to the U.S. Energy Department.

Abound, based in Loveland, Colorado, borrowed about $70 million against the

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Solar Trust Belly-Up: Yet Another Obama Green Energy Company Goes Bankrupt After Receiving $2.1 Billion Government Loan Guarantees

Solar Trust Belly-Up: Yet Another Obama Green Energy Company Goes Bankrupt After Receiving $2.1 Billion Government Loan Guarantees

Solar Trust Belly-Up: Yet Another Obama Green Energy Company Goes Bankrupt After Receiving $2.1 Billion Government Loan Guarantees

Obama Throws Another $2.1 Billion Thrown Down The Toilet!
Yet another one of Obama’s pet Green Energy companies (Solar Trust) has gone belly-up, and filed for bankruptcy, less than a year after receiving $2.1 billion in government-backed loan guarantees! In reality, that means that an already failing company was handed $2.1 billion in free money, with no plan or hope by the Obama administration of getting re-paid, other than now having a group of people who owe Obama big time!

When will the American People stand up and say “ENOUGH IS ENOUGH! WE WILL NO LONGER ALLOW THE OBAMA ADMINISTRATION TO WASTE ANY MORE OF OUR HARD-EARNED MONEY ON THESE GREEN ENERGY SCAMS! WE WILL NO LONGER STAND BY AS OBAMA LINES HIS FRIENDS AND SUPPORTERS POCKETS WITH $ BILLIONS OF OUR MONEY!!”

Today after reading this story, I went to lunch at a restaurant near my office where a few brain-dead liberals work. They were already talking about Obama’s complete and …

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Modern Poverty Includes AC, Flat Screen TVs, DVD players, Gaming Systems

Take a look at the perks that the poor in our nation enjoy. (most of the people in poverty status do not pay any taxes, but seemingly rake in the perks, most likely due to free money given to them by the American People)

  • Over 65% have more than one TV
  • Over 63% have cable or satellite TV
  • Over 50% have a cellular phone

When Americans think of poverty, we tend to picture people who can’t adequately shelter, clothe, and feed themselves or their families.

When the Census Bureau defines “poverty,” though, it winds up painting more than 40 million Americans — one in seven — as “poor.”

Census officials continue to grossly exaggerate the numbers of the poor, creating a false picture in the public mind of widespread material deprivation, writes Heritage Foundation senior research fellow Robert Rector in a new paper.

“Most news stories on poverty feature homeless families, people living in crumbling shacks, or lines of the downtrodden eating in soup kitchens,” Rector says. “The actual living conditions of America’s poor are far different from these images.”

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Greenspan: Obama’s Massive Stimulus Had Little Impact

The Federal Reserve's massive stimulus program had little impact on the U.S. economy besides weakening the dollar.No matter what the Obama administration or the corrupt, liberal, Obama ass-kissing media says, our economy has not even started to recover after all of the “stimulus” money they spread around to their friends. The only thing that the stimulus did was to ensure that the people who were given the free money will be much more likely to vote for the Democrats, which is exactly what the left knew it would do, and nothing more.

It really seems as though Obama and the Democrats are actively TRYING to make our economy collapse so that they can then re-make the United States into the ideal Communist/Socialist country that they have always wanted.

The Federal Reserve’s massive stimulus program had little impact on the U.S. economy besides weakening the dollar and helping U.S. exports, Federal Reserve Governor Alan Greenspan told CNBC Thursday.

In a blunt critique of his successor, Fed Chairman Ben Bernanke, Greenspan said the $2 trillion in quantative easing over the past two years had done little to loosen credit and boost the economy.

“There is no evidence that

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