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Saturday, September 3, 2011

Obama Admits He Is 'Transforming' The Economy: "Real Economic Growth Will Come From Companies Like Solyndra"

President Obama has been using the stimulus and creating new regulations in order to try and transform the U.S. economy away from an 'Oil' based one into a 'Green' based one.

In a recent speech, as reported by CNS news, President Obama admits that the 'true engine of economic growth' will be 'Green' companies like the Solar Panel company that just went bankrupt, Solyndra.

He then goes on to say that it's the Government's job to basically create an atmosphere where companies, like Solyndra, can succeed. Which means it's Ok if the Obama Administration drives up energy prices so you are forced to buy 'Green Tech'.

Here is a Transcript from CNS News:

"1. So we recognized that we've got to go back to basics. We've got to go back to making things. We've got to go back to exports. We've got to go back to innovation. And we recognized that there was only so much government could do. The true engine of economic growth will always be companies like Solyndra, will always be America's businesses. But that doesn't mean the government can just sit on the sidelines. Government still has the responsibility to help create the conditions in which students can gain an education so they can work at Solyndra, and entrepreneurs can get financing so they can start a company, and new industries can take hold.

2. That's not all. You're also proving something more. Every day that you build this expanded facility, as you fill orders for solar panels to ship around the world, you're demonstrating that the promise of clean energy isn't just an article of faith -- not anymore. It's not some abstract possibility for science fiction movies or a distant future -- 10 years down the road or 20 years down the road. It's happening right now. The future is here. We're poised to transform the ways we power our homes and our cars and our businesses. And we're poised to lead our competitors in the development of new technologies and products and businesses. And we are poised to generate countless new jobs, good-paying middle-class jobs, right here in the United States of America."

Here is the video:


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