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L0RDZ (78.57)

Tax payer money used to pay workers to play cards watch movies ~ gov-ment picking winners and losers of the new normal

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October 19, 2012 – Comments (2)

http://www.breitbart.com/Breitbart-TV/2012/10/19/Stimulus-Funded-Workers-Paid-To-Play-Cards

"Workers at LG Chem, a $300 million lithium-ion battery plant heavily funded by taxpayers, tell Target 8 that they have so little work to do that they spend hours playing cards and board games, reading magazines or watching movies.

...They say it's been going on for months."

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More stimulus money waste and fraud has been exposed by Target 8 News in Holland, MI as their undercover investigation reveals workers at an LG Chem car battery plant were paid to play monopoly, poker and sudoku or to clean the parking lot.  Workers confessed on camera that here just wasn't anything to do at the plant celebrated and trumpeted by President Obama as an example of his economic success in re-orienting American manufacturing toward a green-jobs future.  

The complete list of faltering or bankrupt green-energy companies:
 1.Evergreen Solar ($24 million)*
 2.SpectraWatt ($500,000)*
 3.Solyndra ($535 million)*
 4.Beacon Power ($69 million)*
 5.AES’s subsidiary Eastern Energy ($17.1 million)
 6.Nevada Geothermal ($98.5 million)
 7.SunPower ($1.5 billion)
 8.First Solar ($1.46 billion)
 9.Babcock and Brown ($178 million)
 10.EnerDel’s subsidiary Ener1 ($118.5 million)*
 11.Amonix ($5.9 million)
 12.National Renewable Energy Lab ($200 million)
 13.Fisker Automotive ($528 million)
 14.Abound Solar ($374 million)*
 15.A123 Systems ($279 million)*
 16.Willard and Kelsey Solar Group ($6 million)
 17.Johnson Controls ($299 million)
 18.Schneider Electric ($86 million)
 19.Brightsource ($1.6 billion)
 20.ECOtality ($126.2 million)
 21.Raser Technologies ($33 million)*
 22.Energy Conversion Devices ($13.3 million)*
 23.Mountain Plaza, Inc. ($2 million)*
 24.Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
 25.Range Fuels ($80 million)*
 26.Thompson River Power ($6.4 million)*
 27.Stirling Energy Systems ($7 million)*
 28.LSP Energy ($2.1 billion)*
 29.UniSolar ($100 million)*
 30.Azure Dynamics ($120 million)*
 31.GreenVolts ($500,000)
 32.Vestas ($50 million)
 33.LG Chem’s subsidiary Chemical Power ($150 million)
 34.Nordic Windpower ($16 million)*
 35.Navistar ($10 million)
 36.Satcon ($3 million)*
 
*Denotes companies that have filed for bankruptcy

Are  these the high paying  jobs  ?  where there is no real work ?  so  we  take  money  from those who we're sucessful   to  fund  this ?   sounds  like  the gov-ment is looking to copy  itself  and call  itself  free enterprise ?  where  economic  sucess  or demand  doesn't matter ?  only  the  puppet masters  matter who can steer  unlimited  dollars  to  fund  ideaology...

I'm all for  green energy  and  utilizing  as many resources  so  long as  its a smart wise decision.

But  come  on   now  ?  really ?  lets not play make believe  and  blow money to  pay workers to play cards  and  pay management bonuses  because  some idiot  in  government steered  millions of dollars  towards a  failed  green energy ~  with workers not working  you could almost call it imaginary  energy.

 

2 Comments – Post Your Own

#1) On October 19, 2012 at 2:45 PM, L0RDZ (78.57) wrote:

We  spent  good  tax-payer $$$$

to  fund  a  Korean company  to  build  it  a brand spanking new faciity  and  pay  for workers ?  just  watch  the videos.

No tax dollars  as  they got  tax breaks  so as to not pay any property taxes on  the property.

But  the workers  did do some good outside  for habitat for humanity  and  saving  owls.

Is  this  Obama's  vision  ?   picking of winners and losers or as  Romney  mentioned  you  pick  the losers  Obama.

Very sad.

 

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#2) On October 19, 2012 at 3:15 PM, L0RDZ (78.57) wrote:

The $831,000,000,000 economic “stimulus” that President Obama spearheaded and signed into law requires his administration to release quarterly reports on its effects.  But “the most transparent administration in the history of our country” is now four reports behind schedule and has so far not released any reports whatsoever in 2012. 

 Its most recent quarterly report is for the quarter than ended on June 30, 2011. …

Section 1513 of the American Recovery and Reinvestment Act of 2009 (the “stimulus”) explicitly states,

 “In consultation with the Director of the Office of Management and Budget and the Secretary of the Treasury, the Chairperson of the Council of Economic Advisers shall submit quarterly reports to the Committees on Appropriations of the Senate and House of Representatives that detail the impact of programs funded through covered funds on employment, estimated economic growth, and other key economic indicators.” 

(The head of the Council of Economic Advisors, currently Alan Krueger, is appointed by the president, confirmed by the Senate, and works within the Executive Office of the President.  He is the president’s chief economic adviser.)

Indeed, the old reports that the administration released begin, “As part of the unprecedented accountability and transparency provisions included in the American Recovery and Reinvestment Act of 2009 (ARRA), the Council of Economic Advisers (CEA) was charged with providing to Congress quarterly reports on the effects of the Recovery Act on overall economic activity, and on employment in particular.”

Section 1513 of the ARRA further specifies, “The first report…shall be submitted not later than 45 days after the end of the first full quarter following the date of enactment of this Act….The last report required to be submitted…shall apply to the quarter in which the [Recovery Accountability and Transparency] Board terminates under section 1530.”  Section 1530 declares, “The Board shall terminate on September 30, 2013.”

Why has the White House broken its own law and refused to report on the stimulus package?  After watching the parade of failures it funded, can anyone truly wonder?

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