Capitalism is the means by which a company owner expends his own money to make money – they do not take hard working Americans’ money to get richer. Every day we hear another story about some Obama billionaire crony getting richer off the sweat and tears of another, much poorer American–and it has to stop. There is NO PLACE in a free and prosperous America for this hustle, period. Just Say No.
It should come as little surprise that when President Obama announced plans to give away billions of dollars to alternative energy companies, the lobbyists came running toward Washington.
Billionaire entrepreneurs T. Boone Pickens and Ted Turner were just the latest to make the trip. The duo delivered a joint talk in the capital city Tuesday about their alternative energy investments, and both made it clear they were there looking for handouts.
For the past three years, legendary oilman T. Boone Pickens has crossed the country selling a plan to eliminate Americaâ€™s reliance on foreign energy sources through domestic natural gas production and wind energy.
He just needs $5 billion of your dollars to do it.
â€œThis is all the help I want. I want a billion dollars a year for five years and then kill it,â€ Pickens said, describing the amount of public money heâ€™ll need through tax credits to get his plan off the ground. â€œFive billion dollars.â€
With President Obama in office, Pickens said he felt more confident than ever that he could finally get it.
I cannot even begin to describe how angry that last sentence by T. Boone Pickens made me this morning. I’ve sat out here and yelled “STOP!” since George W Bush initiated TARP, and here I sit watching the rich get MUCH richer under Barack Obama, and I still yell, “STOP!” I will work to throw out anyone who uses tax dollars to benefit any company.Â No company should be living off the public dole. This system of crony capitalism must stop and it begins today!