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Part of President [[Barack Hussein Obama]]'s energy policies were directed at so-called "green" jobs, i.e. those businesses that create energy based on renewable sources such as wind and solar power, and the jobs that go with them.  To that end, he directed taxpayer dollars to fund them and did so for most of his time in office.

Part of President [[Barack Hussein Obama]]'s energy policies were directed at so-called "green" jobs, i.e. those businesses that create energy based on renewable sources such as wind and solar power, and the jobs that go with them.  To that end he directed taxpayer dollars to fund them, and did so for most of his time in office.

The [[Heritage Foundation]] released a report<ref>http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/</ref> documenting the failures of Obama's foray into these green jobs.  Taxpayer money was handed out to companies based largely on cronyism; corruption was rampant, and the end result for most of the thirty-six companies on this list was bankruptcy, billions of taxpayer dollars lost, and more than 1,900 criminal investigations pending.

The [[Heritage Foundation]] released a report<ref>http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/</ref> documenting the failures of Obama's foray into these green jobs.  Taxpayer money was handed out to companies based largely on cronyism; corruption was rampant, and the end result for most of the thirty-six companies on this list was bankruptcy, billions of taxpayer dollars lost, and more than 1,900 criminal investigations pending.<ref>http://www.washingtonguardian.com/stimulating-investigation</ref>

 

Despite the well-publicized bankruptcies of numerous loans guaranteed by the Department of Energy Loans Program office,the program was reported in November 2014 to be in the black by $30 million.<ref>http://www.npr.org/2014/11/13/363572151/after-solyndra-loss-u-s-energy-loan-program-turning-a-profit</ref> Though it was never designed to be a money maker, as of 2014, the program collected $810 million in interest that more than offset the amount of defaulted loans. As of 2017, the program is still active.<ref>https://energy.gov/lpo/portfolio/portfolio-projects</ref><ref>http://www.washingtonguardian.com/stimulating-investigation</ref>

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==References==

==References==