OBAMA'S... "THIEVES R US" Backdoor RAPING of the USA. Air Force Buys $59/Gal Biofuel from Company Connected to Big Democratic Donor. So far $639,000 on 11,000 gallons of alcohol-to-jet fuel !

Air Force Buys $59/Gal Biofuel from Company Connected to Big Democratic Donor
Obama's Backdoor "Thieves R US" Program.
80 percent of the Department of Energy’s $20.5 billion loan program went to companies owned by or connected to Mr. Obama’s campaign donors. 

---

by Wynton Hall 23 Jul 2012

In an effort to make good on President Barack Obama’s commitment to “green energy,” and so he can line his pockets like a good old THIRD WORLD TIN POT DICTATOR....now the United States Air Force spent $639,000 on 11,000 gallons of alcohol-to-jet fuel from Gevo Inc., a Colorado biofuels company, at $59 a gallon.

The cost of petroleum is presently $3.60 a gallon.
Similarly, in preparation for last week's "Green Fleet Demonstration,” the U.S. Navy purchased $12 million in biofuels to prove that a carrier strike group could be run on biofuels for the day. It’s all part of the Obama Administration’s decision last year to direct the Navy, Agriculture department, and the Energy department to spend $510 million in taxpayer monies on alternative jet and marine fuels.
But what may appear on the surface to be a green energy initiative may instead by yet another example of cronyism between the green energy industry and Democratic lawmakers.
As it turns out, one of the venture capital funders behind Gevo Inc. is Vinod Khosla.  Since 1996, opensecrets.org reports that Mr. Khosla has made $474,534 in campaign donations, 86 percent of which went to Democrats.
There’s more.
As Reuters reports:

Khosla's firm owned a 27 percent stake in Gevo as of the company's March federal filing with the Securities and Exchange Commission.

Khosla also has close ties to another venture capital firm whose team includes Al Gore, the former vice president and Democratic presidential candidate in 2000.

Mr. Khosla is no stranger to failed biofuel projects involving taxpayer monies. He was the chief backer of Range Fuels, a biofuels company that received a government-guaranteed $64 million loan only to later go bust and leave taxpayers holding the bag.

In his book, Throw Them All Out, Government Accountability Institute President Peter Schweizer revealed that 80 percent of the Department of Energy’s $20.5 billion loan program went to companies owned by or connected to Mr. Obama’s campaign donors.

WAIT THERE'S MORE:

Thus, we learn from Wynton Hall at Big Peace that the United States Air Force spent $639,000 on 11,000 gallons of alcohol-to-jet fuel from Gevo Inc., a Colorado biofuels company, at $59 a gallon. The cost of petroleum is presently $3.60 a gallon, and one imagines that the government can use its purchasing power to get a considerably lower price than that.

So why pay $59 per gallon? It turns out that one of the venture capital funders behind Gevo Inc. is Vinod Khosla. Since 1996, opensecrets.org reports that Mr. Khosla has made $474,534 in campaign donations, 86 percent of which went to Democrats. As of this March, when Gevo filed with the SEC, Khosla’s firm owned a 27 percent stake in the company.

Similarly, the U.S. Navy has purchased millions in biofuels to demonstrate that a carrier strike group could be run on biofuels. The company that sold this fuel to the government reportedly is owned by the husband of Sen. Diane Feinstein.

Unfortunately, using clean energy policy to funnel money to big Democratic contributors is standard operating procedure under the Obama administration. In his book Throw Them All Out, Peter Schweizer revealed that 80 percent of the Department of Energy’s $20.5 billion loan program went to companies owned by or connected to Obama’s campaign donors.

Indeed, Khosla himself is no stranger to failed biofuel projects involving taxpayer monies. According to Big Peace, he was the chief backer of Range Fuels, a biofuels company that received a government-guaranteed $64 million loan only to later go bust and leave taxpayers holding the bag.
The sad truth about many forms of clean energy is that they don’t make economic sense. But if they make political sense, that’s more than good enough for Barack Obama.

HOW ABOUT A GREEN NAVY!!

Navy’s Green Fleet is a Floating Govt Boondoggle

July 3, 2012, Washington, DC—Although traditional fuel costs $3.60 per gallon, the U.S. Navy has opted to power its so-called “Green Fleet” with a biofuel blend that costs $26 per gallon. Apparently oblivious to staggering budget deficits, the Pentagon has funded the “Green Fleet”—which recently began its 6-week-long exercise in the Pacific—through its green fuels initiative.

“With our nation’s defense budget set to lose hundreds of billions of dollars over the next ten years, this floating government boondoggle is a truly astonishing waste of taxpayer money,” said Ryan Houck, executive director of Free Market America. “It is seven times mor expensive to fuel the so-called ‘green fleet’ than to fuel a traditional fleet, begging the question: What vital national defense programs are now on the chopping block thanks to the green agenda?Members of congress and the Administration should note that when Americans express outrage over wasteful government spending, this is exactly the type of nonsense they are talking about.”
The AP posted its story on the “Green Fleet” late yesterday afternoon. It can read here.
Free Market America is a free market watchdog group that focuses on environmental issues.
In partnership with Americans for Limited Government, the group was launched earlier this year and is responsible for the viral video “If I wanted America to fail“—a runaway hit that scored over 2.4 million views on YouTube.

WE ARE BEING SCREWED !!!!