This week, Obama blocked a shovel-ready project that would have created thousands of jobs and made us more energy independent without costing the taxpayers a dime, because it was entirely funded by private money.
Instead, he prefers flushing more of your hard-earned tax money down the “green utopian fantasy” toilet, using the loans to reward his campaign supporters as an added “crony socialist” bonus.
Pesident Obama’s Department of Agriculture (USDA) called for applicants to receive the $25.4 million in funding flagged for rural green energy loan guarantees and grants, even as Obama’s campaign released an ad defending the Solyndra loan.
“This funding will assist rural farmers, ranchers and business owners to build renewable energy projects, providing opportunities for new technologies, create green jobs and help America become more energy self-sufficient,” Agriculture Secretary Tom Vilsack said today in a statement.
The $25 million available today comes through the Rural Energy for America Program (REAP), and “will support at least $12.5 million in grant and approximately $48.5 million in guaranteed loan program level awards.”
What’s that flushing sound?
H/T Weasel Zippers