Roskam Takes on Obama’s Biggest Green Energy Flop

Peter Roskam

A press release from Congressman Peter Roskam:

House Rejects Solyndranomics, Votes to Protect Taxpayers from Bad Obama Investments

Washington, DC—Congressman Peter Roskam (IL-06) released the following statement after House passage of the

“No More Solyndras Act:

“Over the past four years, Americans have been the victims of a raw deal.

“Call it Solyndranomics, the use of taxpayer dollars for broad government intervention in the economy, often to support the president’s speculative adventures and give payoffs to his political supporters.

We all know how Solyndranomics ends: hundreds of millions lost in service to the Obama green energy narrative, that failed to create either green energy or green jobs.

“President Obama called the $535 million loan guarantee to Solyndra ‘a good bet.’ Today the House voted to put an end to the government rolling the dice on risky investments with taxpayer money.”


Comments

Roskam Takes on Obama’s Biggest Green Energy Flop — 2 Comments

  1. If co’s would stop out sorceing all the jobs mabe we would be ahead of the game. Stop all the tax breaks for big oil etc. More lies from you repubs!!

  2. Can’t say I’m a fan of big tax breaks for big oil.

    But many public sector pension funds invest in big oil and are therefore part of the problem.

    All corporation haters be sure your pension fund and 401k is not invested in corporations.

    And who gets the biggest tax breaks of all?

    Government, they don’t pay any taxes, which enables them to provide some of those big salary increases and pensions, not saying every government employee gets a big salary increase and pension.

    How about welfare, there’s no taxes on welfare, are there? Speaking that that, how about a Work for Welfare law.

    One consequence of the bailouts is they enabled the governments to maintain pay and benefit increases since 2008 and kick the pension can down the road.

    Without bailouts those increases would have been flatlined and pensions more likely to be reformed.

    And yes i know not every govt employee received pay and benefit increases since 2008, there are exceptions.

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