Yesterday, I blogged about Barack Obama's granting of two billion dollars of federal loan guarantees to two green schemes that benefit big Democratic donors and the nephew of Democratic Pennsylvanian Congressman Paul Kanjorski. Apparently, one more big Democrat benefits, as well.
Al Gore-the Jolly Green Giant of the renewable energy fad-is a player, too.
From the Weekly Standard:
It is also worth noting that Nobel Laureate and former vice president Al Gore, who has accumulated a substantial fortune in the course of campaigning against global warming while investing in alternative energy and lecturing on the subject, has lent his name and support to Abengoa Solar and the parent company, Abengoa. The Spanish company's stock jumped in November 2007 when an investment fund headed by Gore announced it was acquiring a stake in the company.
So now we know why the federal government is showering our money into this solar green scheme.
After all, it can't be the jobs, which are so few and temporary in nature that the costs per job created is $386,000. It is Other People's Money so the return on investment for federal officials spending our money is infinite for them, anyway. Why not send even more green Gore's way. It is just becoming funny money anyway - and he may need a few million here and there for his Marin County hideaway.
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