Air Force jet fuel uproar
Author Peter Schweizer weighs in
- Duration 4:21
- Date Jul 24, 2012
Author Peter Schweizer weighs in
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This transcript is automatically generated
How the united states air force caused an uproar when it was revealed by Reuters -- the USA have bought.
Thousands of gallons of synthetic jet fuel get this for 59 dollars a gallon.
Compared to traditional fuel -- cost three dollars and sixty cents -- believe it or not.
This waste of your taxpayer money was part of the administration's so called green energy plan aimed at lowering fuel cost.
But not only did this test squandered thousands of your dollars according to Reuters the company was this -- -- fuel company that was purchased.
From it was backed up by eight mega donor of Obama by a guy nicknamed the noted coleslaw.
Was given thousands of dollars to the president joining me now is the author of thrown out.
Peter Schweitzer is back with us -- right so let me let me understand -- 59 dollars right -- -- -- three dollars and sixty cents now to lower cost that's a stated goal right.
And it's a mega donor of Obama -- company benefits -- out and you know this is just the tip the iceberg probably -- that.
If you look at the problem with waste in and cronyism in Washington.
It's it's very hard to cover it up once the media gets onto it the one area that in government that people the American people still support a lot of spending on is in the military.
So the military's become -- dumping ground now for this kind of crony capitalism that we've talked about.
You have the instance that you talked about with the jet fuel for the air force there was something called the green eight at navy maneuvers where they did the same thing.
In that instance you had a company that was involved called amorous biotechnologies.
When a larger shareholders and that company is senator Dianne Feinstein and her husband.
You had another situation where there was a company named -- -- Which received government contracts one of the executives there actually wrote the stimulus bill that dealt with green energy in 2009.
And he's now working for souls line.
And it now all comes together Shawn in that beginning July the thirty us.
The head of DARPA the Defense Advanced Research Projects Agency is going to be a venture capitalist who was involved.
In setting up Solyndra.
That this is infuriating to me because Solyndra belly up.
Mega donor bundle -- -- -- almost SunPower the same situation we give money to Brazil.
The so that they can -- you know extend or for energy but will be the best customer.
Finland gets money.
To make electric cars not American car come -- -- and and we're talking about hundreds of billions of dollars yeah while we're reading the -- yes and that's exactly right in the probably -- that this is something that's been a problem with both parties and you had a congressman Rogers.
Republican from my Kentucky.
To force the Pentagon to buy drip -- for the Blackhawk helicopter that -- 171000.
Dollars apiece in the military wanted to buy once or twice 500 dollars apiece so.
It's a problem where people say.
We want strong defense spending we want strong military and politicians use it as a dumping ground to help but their constituents and their support recently pointed out that the president played 600 rounds of golf -- -- as hundreds of foreign fund raiser for -- Hollywood friends.
But what it comes time spending on economic issues where is it via very little time -- we actually had researchers that.
Look at -- pres Obama's official calendar and it's so also we published in Politico.
And they didn't analysis of any conceivable meeting that he had that dealt with the economy they included full cabinet meetings in the entire time countered as an economic need.
Of his work -- time.
Assuming eight hours a day six days a week was devoted to anything related to the economy only 4%.
And there are some periods of time were literally he goes nine or ten days without a single meeting.
Dealing with the economy -- -- time to play golf basketball parties trips vacations we pay for at all and meeting with big bundle which will give them hundreds of millions of dollars like cylinder -- some power.
You know Finland Brazil.
-- this is this is -- Well I know what's interesting back in the 1980s of -- the assumption was that Reagan was sort of -- -- the wheel he wasn't paying attention.
The bottom line is I think the American people want the president to spend their time and have the right priorities but on the other hand you have to have the right ideas and make sure that -- -- -- the right policies job growth Peter Schweitzer could see him and always great great information and hope.