Obama begins Energy tour

Solar panels in the Nevada desert produce very little energy and create even fewer jobs

by Craig Masters
While Obama stumps near Boulder City, Nevada, in support of another solar energy company, taxpayers are learning more disturbing details about their losses in another Department of Energy backed solar panel manufacturer, First Solar of Arizona.

USA Today covered the President’s first day of a four day tour to highlight his successes in energy. Speaking at what is supposedly the largest solar generating plant in the country, the Copper Mountain Solar One plant, the President said, “If some politicians have their way, there won’t be any more public investment in solar energy. There won’t be as many new jobs and new businesses.”
The Copper Mountain plant, run by Sempra Energy, employes only 5 full time employees. It is rated as generating 48mega-watts, which is less power than Nellis Air Force Base (near Las Vegas) uses each day. For comparison, US Navy aircraft carriers can generate almost 4 times the output of Copper Mountain.
The output of Hoover Dam is enough to power just two cities the size of Vegas, yet it is as powerful a hydroelectric plant as has ever been built – until China’s new project is online.

Obama’s appearance in Boulder City, Nev., began a trip that will include damage control for his policies which have hurt oil and gas fields and he is expected to discredit the Keystone pipeline project during an appearance at an oil pipeline project in Oklahoma. The trip will end in Ohio with a scheduled energy policy speech.

In the wake of the Solyndra financial disaster for taxpayers, a lawsuit was filed one day ahead of the President’s Copper Mountain inspection tour charging illegal financial practices at First Solar (FSLR). In addition, a report on The Street said First Solar, “was the worst-performing stock in the S&P 500 Wednesday morning.”
The ‘impending collapse’ of First Solar, which owns a solar panel manufacturing plant near Toledo, Ohio, may be mentioned when the President visits Ohio this week. But news from the U.S. House of Representatives Committee on Oversight and Government Reform is not encouraging for alternative energy loan guarantees such as the $455million taxpayers will be forced to give to First Solar if criminal charges are not filed soon.

The House committee report reads, “After conducting a substantial review of the Department of Energy’s (DOE) loan guarantee program, it is clear that the significant losses absorbed by taxpayers as a result of Solyndra’s collapse is just the beginning.” The report’s executive summary said, “The investigation conducted by the House Committee on Oversight and Government Reform has uncovered numerous examples of dysfunction, negligence and mismanagement by DOE officials, raising troubling questions about the leadership at DOE and how it has administered its loan guarantee programs.”

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One Response to Obama begins Energy tour

  1. leslie johnson says:

    IMPEACH OBAMA
    WHAT is Barack Obama trying to hide? WHAT is he afraid of? WHY doesn’t he just release these documents to prove that he is a natural-born citizen and, therefore, According to published reports, Barack Obama’s legal team has been paid over one million dollars, so far, to STOP anyone from seeing ANY of his actual identification documents, or many other documents:

    —Actual long-form birth certificate (NOT an easily-forged electronic copy of a short-form document that is not even officially accepted in Hawaii)
    —Passport files
    —University of Chicago Law School scholarly articles
    —Harvard Law Review articles
    —Harvard Law School records
    —Columbia University records
    —Columbia University senior thesis, “Soviet Nuclear Disarmament”
    —Occidental College records, including financial aid that he may have received
    —Punahou School records, where Mr. Obama attended from the fifth grade until he finished high school
    —Noelani Elementary School records, where Barack Obama attended kindergarten (according to the Hawaii Department of Education, students must submit a birth certificate to register — but parents may bring a passport or student visa if the child is from a foreign country)
    —Complete files and schedules of his years as an Illinois state senator from 1997to 2004
    —Obama’s client list from during his time in private practice with the Chicago law firm of Davis, Miner, Barnhill and Gallard
    —Illinois State Bar Association records 
    —Baptism records
    —Obama/Dunham marriage license
    —Obama/Dunham divorce documents
    —Soetoro/Dunham marriage license
    —Soetero/Dunham Adoption records

    http://www.scribd.com/TruthSeeker2009/d/17682329-Why-Can-Obama-Keep-College-Papers-Hidden

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