Wednesday, June 15, 2011

Americans Fund Spanish Company

American taxpayers, through the Department of Energy, are guaranteeing $1.2 billion in loans to the Spanish company Abengoa.

Why are Americans subsidizing European companies? Maybe we should spend our money on Americans first.

In 2007, Ron Paul called for ending the Department of Energy. "We don't need a Department of Energy. It serves the interests of big business." Other than growing the size of their budget and staff, how much energy has the DoE created? It's time to defund the Department of Energy.