Being Democrat means never saying sorry for your constant failures.
11 years ago, Obama came to the Ohio River, fussily shook hands with the construction workers now probably sporting MAGA hats and promised to rebuild the Brent Spence Bridge.
In 2011, it was Secretary of Transportation Ray LaHood reciting the mantra about “rebuilding the Brent Spence or any of the tens of thousands of bridges in America.” Foxx, his successor, who would turn down the Brent Spence bridge, was also pitching plans to rebuild thousands of bridges.
Replacing the “damn bridge”, as Biden put it, would cost about $2.5 billion. Instead of rebuilding the bridge, Obama had poured a fortune into Big Green projects that failed.
Solyndra received a $535 million loan guarantee to build solar panels and went bankrupt. Abound Solar got a $400 million stimulus loan guarantee and went bankrupt. Tonopah Solar Energy got $737 million in loans and went bankrupt. Fisker got a $529 million stimulus loan to build electric cars and went bankrupt. A123 got a $249 million stimulus grant to build electric car batteries and went bankrupt.
Ener1 got a $118.5 million grant to build electric car batteries and went bankrupt. Biden had visited the company and hailed it as one of the “100 Recovery Act Projects That Are Changing America”, but he had also accidentally described it a little too accurately as “Enron One”.
The bankrupt company was then taken over by an oligarch with ties to the Russian government. But 40% of the company’s stock had already been controlled by a Russian state-owned bank as collateral for a mere $24 million in loans.
That’s why the “damn bridge” still isn’t fixed.
www.danielgreenfield.org
11 years ago, Obama came to the Ohio River, fussily shook hands with the construction workers now probably sporting MAGA hats and promised to rebuild the Brent Spence Bridge.
In 2011, it was Secretary of Transportation Ray LaHood reciting the mantra about “rebuilding the Brent Spence or any of the tens of thousands of bridges in America.” Foxx, his successor, who would turn down the Brent Spence bridge, was also pitching plans to rebuild thousands of bridges.
Replacing the “damn bridge”, as Biden put it, would cost about $2.5 billion. Instead of rebuilding the bridge, Obama had poured a fortune into Big Green projects that failed.
Solyndra received a $535 million loan guarantee to build solar panels and went bankrupt. Abound Solar got a $400 million stimulus loan guarantee and went bankrupt. Tonopah Solar Energy got $737 million in loans and went bankrupt. Fisker got a $529 million stimulus loan to build electric cars and went bankrupt. A123 got a $249 million stimulus grant to build electric car batteries and went bankrupt.
Ener1 got a $118.5 million grant to build electric car batteries and went bankrupt. Biden had visited the company and hailed it as one of the “100 Recovery Act Projects That Are Changing America”, but he had also accidentally described it a little too accurately as “Enron One”.
The bankrupt company was then taken over by an oligarch with ties to the Russian government. But 40% of the company’s stock had already been controlled by a Russian state-owned bank as collateral for a mere $24 million in loans.
That’s why the “damn bridge” still isn’t fixed.
Bidenâs Bridge is Falling Down
Daniel Greenfield's original articles and reporting delve into terrorism, pandemics and politics.
