While the Dems relentlessly pursue higher taxes on the “rich,” they keep hoping no one will notice where the cash actually goes once they get their greedy hands on it. But rest assured, millions more will undoubtedly be used to expand the “Green Graveyard.”
 
A123 Systems recently became the latest company to be interred in the fed’s Cemetery of Perpetual Fiscal Folly. In October, the company received a $946,830 check from the U.S. Energy Department, on the very same day it filed for Chapter 11 bankruptcy. That’s almost a million bucks – for a corporate burial!
 
“Green Graveyard” is the term Heritage Foundation used in a November 5th blog post which detailed the Obama administration’s alternative energy boondoggle: 19 Taxpayer-Funded Failures. It’s certainly a fitting epithet for the final resting place of more than $2.6 billion tax dollars.
 
 
Here’s an excerpt from Heritage’s “eulogy:”

The problem is that these taxpayer-funded handouts never achieve the intended objective. Rather, they artificially support politically preferred companies and industries, like green energy, while shifting jobs and resources from another sector of the economy.
 
…pointing out the failed companies is important, as it reveals the contortions politicians will go through to support private companies when their political narrative is at stake. While government intervention in the private economy didn’t start and will likely not stop with President Obama, the growing list of failed companies demonstrates the futility of central economic planning.

 
Last fall the Solydra story may have briefly broken through the mainstream media’s self-imposed blackout of Obama’s failures, however low-information voters were led to believe that that bankruptcy was merely an aberration. (And of course we’ll always have the Solyndra Modern Art Memorial of Glass Tubes.)
 
To his credit, Romney did bring up the administration’s abysmal record on green energy investments during the debates, but that was largely ignored by the Obama Press Corpse (Oh sorry – “corps”).

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Unfortunately, in his post-election press conference, the president doubled-down on his we-must-address-global-warming agenda: Obama’s Alarming Global Warming Lies. So his alternative energy cemetery will probably need some significant expansion in the next couple of years.
 
As long as the money is forcibly taken from the “evil” rich, the electorate doesn’t know – or doesn’t care – that billions more will merely be used to backfill green graves. “Shovel-ready” baby!