More on Al Gore, from Wealth Daily a couple of days ago:
But let's face it: "Green energy" as we know it is a scandalous rip-off — and a total failure.
After countless big promises (and billions of taxpayer dollars), wind, solar and geothermal provide a mere 9% of America's energy needs.
Just one look at Solyndra, the once-heralded solar company, sums up the whole "green" scam quite nicely...
These guys alone leached $535 million (more than half a billion dollars!) in public funds before going belly-up and undergoing an FBI investigation.
But they're far from the only culprits in this whole fiasco...
Just a couple of months ago, a company by the name of Himin Solar had their IPO terminated and was suspended from the stock exchange entirely.
Then there's BrightSource Energy, the outfit bailed out by Obama last year despite being $1.8 billion in debt.
The scary thing is these are only a few names on a long list of companies just like them...
In just the last year alone, dozens of other solar, wind, and geothermal firms filed for bankruptcy or are on the verge of doing so... after gorging themselves on $90 billion of OUR money.
Electric car battery producer A123 hiked executive pay 36% after canning 125 employees...
First Solar, one of the world's largest solar companies, slashed 2,000 jobs in April — after increasing executive and CEO pay to $50 million...
Willard & Kelsey Solar Group lent its executives $500,000 and paid them $1 million — before beginning operations...
Beacon Power paid executives $260,000 in bonuses as it collapsed...
The entire "green" disaster has spun so far out of control that even Al Gore's company is dumping its holdings in green
energy stocks.
According to the Washington Post, Al Gore is "50 times richer than when he left the vice-presidency in 2001," making him "$100 million partly through investing in alternative energy firms subsidized by the Obama administration."
Funny how it works...
I mean, if renewable energy was anywhere close to being a viable power source, it wouldn't need a penny from taxpayers.
But since 80% of all the "green" subsidies and loans went to generous donors of President Obama, it's plain to see that "green energy" firms are little more than fronts for crooks (and former vice-presidents) to pick your pocket.
And get this: In August it was revealed that the Wall Streeter in charge of independently reviewing the loans — and who claimed they all carried "minimal risk" — is also a major donor.
Talk about a conflict of interest...
