President Obama’s hypocrisy never ceases to amaze. In his State of the Union address, the man who killed the Keystone XL pipeline declared he’s in favor of an “all of the above” energy policy. He left out that the list he was choosing from benefits his buddies. Not only will he reward his billionaire pal Warren Buffett by killing the Keystone project, his other billionaire buddy George Soros will profit from his natural gas proposals.
The proposal would offer incentives for companies to buy and use trucks powered by natural gas. Obama announced the effort at a UPS facility in Las Vegas that received stimulus funding to buy natural gas vehicles and build a fueling station for them.
The proposal is remarkably similar to the New Alternative Transportation to Give Americans Solutions (NAT GAS) Act.
One company that stands to benefit handsomely from the president’s proposal is Westport Innovations. The company converts diesel engines to be fueled by natural gas. Wall Street analysts predicted a boom for the company if the NAT GAS Act were passed. CNBC analyst Jim Cramer said he “expects shares to absolutely explode” in the event the legislation were to pass. …
If Westport reaps the predicted windfall, one of the chief beneficiaries will be George Soros, a major Obama donor and supporter. Soros’s hedge fund holds 3,160,063 company shares (as of its last SEC filing).
Read the whole thing. Soros’s investment in Barack Obama and the Democrat Party is paying off handsomely.
This isn’t the only move by this administration that would line the pockets of Soros. Remember LightSquared? Soros is invested in that, too.
The president is at least reliable and predictable. Every pronouncement is carefully orchestrated to benefit a political contributor! The rhetoric is designed to create the image of a leader who will transform the economy and create jobs!
The problem with Obama is his preference to use a corrupt process, graft, as a decision-making tool to reward his friends while punishing his enemies!
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Let’s see, of recent, Soros tentacles in Westport, Petrobras http://lonelyconservative.com/2009/08/obama-to-invest-in-offshore-oil-drilling-in-brazil-soros-stands-to-reap-dividends/ , LightSquared, ACORN, TIDES, OWS and countless others the Obama administration is dirty with.
And I’m shocked they don’t want to make insider trading illegal, what an incredible scam.
http://lonelyconservative.com/2011/11/nancy-pelosis-insider-trading/
Obama’s buddy Soros and his OSI make Halliburton a non-event; but what do you expect from a guy that helped the Nazis carry out the Holocaust?
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[...] Conservative No comments yetPresident Obama was in Las Vegas touting his green energy plans. (Stimulus for George Soros!) He left in a motorcade made up of 22 gas guzzlers.On January 26, 2012, President Obama visited a [...]
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…but surely the “Reasoable Profits Board” the Democrats want to create will ensure that Soros and pals cannot possibly make a profit here, here???
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