Tag Archive: Taxpayer Funds


World’s Largest Solar Plant Applying For Federal Grant To Pay Off Federal Loan

 

 

” After already receiving a controversial $1.6 billion construction loan from U.S. taxpayers, the wealthy investors of a California solar power plant now want a $539 million federal grant to pay off their federal loan.

” This is an attempt by very large cash generating companies that have billions on their balance sheet to get a federal bailout, i.e. a bailout from us – the taxpayer for their pet project,” said Reason Foundation VP of Research Julian Morris. “It’s actually rather obscene.” “

 

 

Ivanpah Bailout

 

 

 

” The Ivanpah solar electric generating plant is owned by Google and renewable energy giant NRG, which are responsible for paying off their federal loan. If approved by the U.S. Treasury, the two corporations will not use their own money, but taxpayer cash to pay off 30 percent of the cost of their plant, but taxpayers will receive none of the millions in revenues the plant will generate over the next 30 years.

” They’re already paying less than the market rate,” said Morris, author of a lengthy report detailing alleged cronyism and corruption in the Obama administration’s green energy programs. “Now demanding or asking for a subsidy in the form of a grant directly paying off the loan is an egregious abuse.” “

 

Cronyism at its worst . If anyone can afford to pay the taxpayers back for their forced largesse it is certainly Google .

Fox News

 

 

 

 

 

 

 

 

 

Michelle Obama Riverdances Through Dublin, Helps Rack Up $7,921,638.66 Vacation Tab For Taxpayers

Barack Obama, Michelle Obama

” When it comes to tracking the cost of Obama family vacations there are two primary challenges.  First, the Obamas are prolific jet-setters, so there are many details to track. And second, the Obama administration, clearly embarrassed by these lavish and frequent family vacations, stonewalls the release of records at every turn.

  But we have been relentless in pursuit of this information. Our attorneys file the lawsuits and make our case, and our investigators pour through pages of records and crunch the numbers. And the information we’ve uncovered – information that would otherwise remain under lock and key – shows that the Obamas have a disturbing lack of regard for taxpayer resources.

  Most recently, when reviewing the Obama family travel log, Judicial Watch recently obtained records from the U.S. Department of the Air Force and the U.S. Department of Homeland Security revealing that President Obama’s June 2013 trip to Belfast, Ireland, including a Dublin sightseeing side trip by Michelle Obama, her daughters, and her entourage, cost the taxpayers $7,921,638.66. (Per usual, and owing to the enormous public interest in Michelle Obama’s luxury travel, our discovery earned quite a bit of press coverage.)

Here’s the breakdown from the two agencies.

  •  According to the Department of Air Force documents, the flights to, from, and around Ireland for the June 17 – 19, 2013 trip totaled 33.6 hours at $228,288 an hour, which comes to a flight expense alone of $7,670,476.80  (These records came in response to a Judicial Watch Freedom of Information lawsuit filed on January 13, 2014.)
  •  According to the DHS documents, the total cost for “security and/or other services” for the Dublin side-trip by Michelle Obama and her entourage was $251,161.86, including $55,004.85 at the Shelbourne Hotel and $70,855.44 at the Westbury Hotel. Vehicle rental charges were $114,721. (These records also came in response to a Judicial Watch Freedom of Information lawsuit filed on January 13, 2014.)

  Now I can hear the White House’s defense. This was a business trip. It’s all about diplomatic relations, etc., etc.  And while this might at times be true for the president, it is certainly not true for the other members of the First Family.”

Read on

 

President Obama & Vice President Biden Show Us How They Move

 

 

 

 

    Jogging in their dress clothes … yeah , right . What a bunch of idiots . How much did this idiotic video cost the taxpayers ? Be sure to check out the comments on the Youtube page . Some of them are priceless .