Dim-witted president plans to waste billions more on imaginary green energy scams.
The pitch President Obama will make as he visits the Energy Department’s Argonne National Laboratory outside Chicago Friday involves a bit of policy jujutsu: let’s take the money we make by producing oil to stop using it altogether.
Obama will call for the establishment of the Energy Security Trust, a $2 billion fund over 10 years that takes some of the federal royalties the government receives from offshore oil and gas leasing to invest in research that will shift the country’s transportation sector away from using oil.
Obama has been stalling Keystone for 4-1/2 years, while he focuses on powering America off teleprompter generated bullshit.
Stupid is as stupid does….
Chicago? Maybe that money would be better spent on bullet proof vests for his supporters.
… a $2 billion fund over 10 years that takes some of the federal royalties the government receives from offshore oil and gas …
and stuff them into the pockets of his croney supporters.