GE Dumps Offshore Wind-Power Plans AFTER Collecting $125 Million In Stimulus From Taxpayers For Wind Projects

Best friends Obama and Immelt applaud as GE screws taxpayers once again.

The Daily Bail September 14, 2011

Source - Gateway Pundit
GE was awarded 44 contracts totaling over $46,000,000 and 44 grants totaling more than$79,000,000 from the Obama-Pelosi $757 billion dollar stimulus package. Millions of dollars in stimulus funds were used by GE in green energy projects.
Today GE announced that it was going to gut its offshore wind-power plans.
Forbes reported:

General Electric, the U.S.-based industrial giant and leading manufacturer of wind-power turbines, is scaling back efforts to expand its presence in the offshore wind power market.
The rationale: there is no meaningful offshore wind market to speak of – at least not yet.  Given slower-than-expected industry growth, the offshore market may not mature as rapidly as many wind boosters once believed.  In 2009, GE moved into the offshore market by acquiring Norway’s ScanWind, a developer of direct-drive turbines, based in the city of Trondheim.
GE is considering laying off about 40 employees in Norway as it scales-back its offshore operations there, according to reports in Recharge. The company has also suspended plans to construct a manufacturing facility in the United Kingdom indefinitely.

Immelt also said the stimulus would work way back in April 2009.

Obama Picks Jeffrey Immelt, GE CEO, To Run New Jobs-Focused Panel As GE Sends Jobs Overseas, Pays Little In Taxes 01/21/11

General Electric Gets a $140B Bailout - What's the Point of AAA? November 14, 2008

Hat tip to The Daily Bail

Sarah Palins Hot Line to God

"Daddy feels God was using her to wake America up"

Franklin Graham, head of powerful Billy Graham Evangelistic Association is also the head of a $ raising scheme called Samaritan's Purse. Franklin, got to know Palin early this year in Alaska and he invited her to North Carolina. She accompanied him as the Boone-based international relief agency he heads delivered 44,000 pounds of groceries to Alaskan families who had been hit by a harsh winter in villages along the frozen Yukon River.

Samaritan's Purse has an office in Alaska, and Franklin Graham owns a cabin in the state. At least that's what it's called, but it is located near Lake Clark National Park and Preserve where only the elite own property. There are no real estate listings around the lake, but there is a vacation rental, which is currently unavailable, that costs around $7000 per month.

One would think that Franklin would be a little worried about his association with Caribou Barbie , a known wolf and wild animal hunter, while living in an area that is essentially a wild life preserve. But for some reason the elite seem to think that Barbyspin is going to save their a$$es from the wrath of disgruntled folks who are demanding accountability for the outright criminal waste of our heritage and treasure...G:




Nov. 23, 2009