It should come as little surprise that when President Obama announced plans to give away billions of dollars to alternative energy companies, the lobbyists came running toward Washington.Obama is likely to fall for this because he thinks wind, solar and unicorn fart energy will somehow replace oil. It won't.
Billionaire entrepreneurs T. Boone Pickens and Ted Turner were just the latest to make the trip. The duo delivered a joint talk in the capital city Tuesday about their alternative energy investments, and both made it clear they were there looking for handouts.
For the past three years, legendary oilman T. Boone Pickens has crossed the country selling a plan to eliminate America’s reliance on foreign energy sources through domestic natural gas production and wind energy.
He just needs $5 billion of your dollars to do it.
“This is all the help I want. I want a billion dollars a year for five years and then kill it,” Pickens said, describing the amount of public money he’ll need through tax credits to get his plan off the ground. “Five billion dollars.”
With President Obama in office, Pickens said he felt more confident than ever that he could finally get it.
Wednesday, April 20, 2011
Billionaires Looking for Billions From Obama
I thought we couldn't afford to give billions in tax breaks to billionaires?
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And if it made economic sense, TBP would have already started the project.
Which means, of course...
Obama has always referred to our energy needs as “our addiction to oil”, and he’s making the country experience ‘withdrawal symptoms’ as he drives up the price of gas. If he could, he would make us go cold-turkey.
“We can’t drive our SUVs, and eat whatever we want, and keep our homes at 72 [degrees] all the time, whether we live in the desert or the tundra, and keep consuming 25 percent of the world’s resources with just 4 percent of the world’s population, and expect the rest of the world to say ‘You just go ahead. We’ll be fine.’ That’s not leadership. That’s not going to happen.”
His motives aren’t driven by any belief that there are, or will be, alternatives to oil for the U.S. economy -but that we don’t deserve to consume so much. He wants to ween us off oil out of raw guilt.
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