There’s really no good way to introduce this except to parrot Charlie Spiering’s headline — “Obama denounces, then endorses corporate welfare in Ohio”. No, seriously:
On the stump in Ohio today, President Obama denounced taxpayer subsidies for oil companies explaining to voters that he didn’t want to participate in corporate welfare. Then Obama proceeded to explain how he would offer more taxpayer subsidies for green energy companies.
‘Cause as long as I’m President, I’m not going to let oil companies write this country’s energy plan. And I’m not going to let them keep on collecting four billion dollars in taxpayer-funded corporate welfare! [cheers]
We’ve got a better plan. We’ll keep on investing in wind and solar, clean coal technology. We’ll invest to help farmers and scientists harness new biofuels to power our cars and our trucks.
You can’t make this up. By the way, Solyndra cost taxpayers $520 million in corporate welfare when it went bankrupt. That’s one-eighth of everything that oil companies get, according to Obama, but at least the oil companies actually produce energy.
Got an Obamateurism of the Day? If you see a foul-up by Barack Obama, e-mail it to me at [email protected] with the quote and the link to the Obamateurism. I’ll post the best Obamateurisms on a daily basis, depending on how many I receive. Include a link to your blog, and I’ll give some link love as well. And unlike Slate, I promise to end the feature when Barack Obama leaves office.
Illustrations by Chris Muir of Day by Day. Be sure to read the adventures of Sam, Zed, Damon, and Jan every day!