lil mike
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« on: December 14, 2011, 08:18:52 pm » |
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More Adventures... http://news.investors.com/Article/594703/201112131858/navy-biofuel-gate-latest-obama-green-scam.htmJet Fuel-Gate Is Obama's New SolyndraSolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.
It's part of the White House's "we can't wait for Congress" strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, "we can't wait to go broke."
A look at the lucky seller of this environmentalist version of the proverbial $600 Pentagon toilet seat indicates that the move is not just wasteful, but ethically suspect.
As J.E. Dyer noted over the weekend on the Hot Air Green Room, "a member of Obama's presidential transition team, T. J. Glauthier, is a 'strategic advisor' at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked — shock, shock — on the energy-sector portion of the 2009 stimulus bill." |
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