More Waste Of Stimulus Funds

Socialist Barack Hussein Obama’s $862 billion Stimulus plan has been an abysmal failure.  Now we have the biggest pork earmark in American history and it has been doled out to a company in Illinois, Obama’s home state, in the name of green jobs.  This earmark is an outrage and the signature project of Obama’s  Stimulus plan.

The non stimulus bill provided states and localities with billions in bailout moneys, funded wasteful projects like the Monkey cocaine study at Wake Forest and given false hope to Americans that the President has ideas to turn around the economy. Senator Tom Coburn (R-OK) is sounding the alarm bells and educating the American people to this new Obama outrage.

The Department of Energy projects 1,900 jobs as a result of $1 billion in new spending.  This works out to $526,315.79 of your tax dollars spent per job.  A half million dollars per job seems to be a bad deal for the taxpayer. Of more concern to the taxpayer, Senator Tom Coburn believes this project to be more about bringing home pork to Illinois than providing stimulus to average Americans.

Secretary of Energy Steven Chu said, “Today’s announcement will help ensure the US remains competitive in a carbon constrained economy, creating jobs while reducing greenhouse gas pollution.  This investment in the world’s first, commercial-scale, oxy-combustion power plant will help to open up the over $300 billion market for coal unit repowering and position the country as a leader in an important part of the global clean energy economy.”

Obama promised to keep the $862 billion stimulus plan free from earmarks; this project was an earmark in the Stimulus.  But deep inside the economic stimulus package is a $1 billion prize that, in five short words, shows the benefits of being in power in Washington. Now, the Department of Energy has announced the $1 billion in funding for the earmark in Obama’s home state.  This earmark funnels tax dollars from Americans to Illinois.  Senator Tom Coburn criticized the first version of this project, FutureGen 1.0, and argues that this project calls in to question Obama’s Stimulus plan. 

This costly and gratuitous earmark further calls into question the integrity of the Recovery Act. This decision appears to have more to do with politics and geography than science.  Some greenies on left argue that this project is not efficient and will not do enough to protect the environment.

Election 2010 is 83 days away.  We have seen in the last 18 months how important elections are.

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