Fox Business – The Evening Edit – Broadcast December 20, 2023
Radio host predicts Democrats will ‘make the switch’ with Biden in a couple of months – WOR radio host Mark Simone and ClimateDepot.com publisher Marc Morano react to an insider report over concerns of President Biden’s age heading into 2024 on ‘The Evening Edit.’
Transcript:
Host Elizabeth MacDonald: From ClimateDepot.com, he’s the publisher, Marc Morano and we’re happy to have on. Government Watchdogs and GOP lawmakers are really slamming these multibillion-dollar slush funds in the President’s Climate Change spending. No strings attached. Now he’s talking $600 million in new environmental justice, slush funds. This is major waste, fraud, and abuse. Marc Morano, now we’ve got SunPower a green energy solar power company. It got more than $8 billion from the Biden White House. It’s on the brink of bankruptcy, potentially. What do you think, Marc Morano?
Marc Morano: Well, this is the Biden administration, taking a page from the Obama administration and getting the $80 billion 2009 green stimulus, and saying, let’s make it into the hundreds of billions and eventually into the trillions of dollars here.
What they’ve done is double down on the failure. If you remember, in 2009, Biden, then vice president, was labeled ‘Sheriff Joe’ because he was going to oversee this Obama green energy stimulus funds, and he did oversee it — to things like Solyndra and its total collapse and all the democratic donors disproportionately received a lot of that money. It was also a big source of Al Gore’s massive increase in wealth from all of these green stimulus bills. What they’re doing now is making the same mistakes over and over. I’m sorry, DOE mid-level bureaucrats cannot pick winners and losers in an energy economy. All you’re going to end up with is massive failure, massive debt, and massive inflation, which is what we actually have.
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Morano: When you declare war on energy even to the point of jailing fossil fuel executives as Biden did, and all the executive orders and every Cabinet agency is a climate agency is attempting to shut down energy. When you make energy rationed, and you make energy more expensive, you’re going to have higher prices; you’re going to have less economic growth. That’s one of the fundamentals. The other thing he’s done is massive spending, massive debt, which leads to massive inflation, and there’s no sign that they’re stopping; they’re just doubling down, and the more they fail. The more the plans fail, the more the planners plan.
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Flashback: ‘Sheriff Joe’: Biden played ‘sheriff’ on ’09 aid: In 2009, then-Vice President Joe Biden acted as “Sheriff Joe” in making sure federal dollars from a massive economic aid package were getting to the right places and getting there quickly.
Flashback 2011: How did ‘Sheriff Joe’ miss failings of green energy stimulus?! Solyndra represents stimulus failure – Solyndra, the stimulus-funded solar energy company that recently declared bankruptcy. The company, which laid off 1,100 workers after its sudden demise, once looked like the poster-child of stimulus success…. Digging beneath the surface, the situation gets more troubling. The White House’s relationship with Solyndra, it turns out, was a mix of corporate favoritism, big-money politics, liberal ideology and Chicago-style deal making. As the Obama administration dealt favors, the American taxpayers got stuck with the $535 million bill.
‘SunPower’ — Another Green Energy Co. Failing after Getting Millions from U.S. Government
Fox Business – The Evening Edit – Broadcast December 20, 2023
Marc Morano: What they’ve done is double down on the failure. If you remember, in 2009, Biden, then vice president, was labeled ‘Sheriff Joe’ because he was going to oversee this Obama green energy stimulus funds, and he did oversee it — to things like Solyndra and its total collapse and all the democratic donors disproportionately received a lot of that money. It was also a big source of Al Gore’s massive increase in wealth from all of these green stimulus bills. What they’re doing now is making the same mistakes over and over. I’m sorry, DOE mid-level bureaucrats cannot pick winners and losers in an energy economy. All you’re going to end up with is massive failure, massive debt, and massive inflation, which is what we actually have.
…
Morano: When you declare war on energy even to the point of jailing fossil fuel executives as Biden did, and all the executive orders and every Cabinet agency is a climate agency is attempting to shut it down. When you make energy rationing, and you make energy more expensive, you’re going to have higher prices; you’re going to have less economic growth. That’s one of the fundamentals. The other thing he’s done is massive spending, massive debt, which leads to massive inflation, and there’s no sign that they’re stopping; they’re just doubling down, and the more they fail. The more the plans fail, the more the planners plan.
