This really doesn't come as a surprise but the entire green energy scheme is based in fraud. Therefore, when people invest in this nonsense, they deserve to get ripped off and even thrown in jail. Too Harsh? Read on.
I've been in the alternative energy industry for more than three decades. I loved what I did, whether it was supplying a remote home with power or an entire military contingent on the other side of the globe, I believed in my product.
I loved the industry until the Marxists took it over under the guise of "green energy", and how they were going to save the planet. The global warming scam to kill off fossil fuels and increase the cost of energy has been a plan long in the making for 30 years. From what I remember, much of it started with Gorbachev and his Green Cross project after the fall of the Berlin Wall.
Of course, “green energy” is one of the most laughable things ever considered. There is only one alternative energy in existence that can supply the needs of the planet cleanly, but they refuse to even talk about nuclear energy, because it was never about the environment!
Point is, they abused our children by scaring them into believing they were all going to die. They scared them so much so that they don't even question the validity of what they're being told, that somehow a bunch of solar panels and bird-shredding wind turbines will somehow slow down their demise. They kept these kids ignorant of nuclear because these Marxists know if these kids learned the truth, they'd question their masters and demand clean, cheap energy.
Alternative energy does have its place but only as a stand-alone power source, and it has absolutely no business being tied to the grid. I won't bore you with the math as to why it's a rip off but I'm sure if you're reading this, you figured that out ages ago on your own.
Indeed, the entire green energy movement was a Marxist scheme to control our energy output and destroy capitalism, essentially by raising the cost to produce energy three times that of our nation’s competitors. It worked. Just look at your electric bill compared to a decade ago or more.
When I went into alternative energy I believed in it. I was always above board on cost, and yes, truth is, solar is going to cost you 10 times that of grid power. I know, I've been off the grid for 35 years.
Enter government subsidization: Obama raised the cost of electricity so much that people were looking for ways to cut their bill. Add to that a 30% rebate and tax write off and they gave people no other option.
Our government was stealing from you to fund your neighbors living standard. Our own government scared and guilted people into believing they were saving the planet and decreasing the electric bill by mounting a bunch of cheap Chinese made solar panels on their roof that they'll need to replace in as little as 8 years, to as long as 30 years, depending on brand. Oh, the irony in that alone.
But I digress. I refused to participate in the fraud as a conservative business owner. I never sold one grid tie system, even though it would have made me ridiculously rich because I would have been at the forefront of the movement. There were only a few of us with the knowledge in existence at the time.
To sell this lie I'd have been selling out my integrity and soul, I wasn't alone - there were many like me in the industry at the time. We all quit. I didn't even sell my business because I didn't want to be a part of the Marxist scam and have someone building off my reputation, so I just closed up shop and retired.
I watched as the industry exploded. Every roofer in every city was selling solar, and not a single one of them had a clue as to heat distribution, a solar panel killer. No one cared, as they just wanted to make a buck.
The entire industry kept silent. They didn't care that they were ripping off the taxpayer because they were making money off an industry that was based on a lie. As long as they could keep the lie alive, they could bilk investors.
Case in point, DC Solar "Top Executives Plead Guilty to Participating in a Billion Dollar Ponzi Scheme". Like Solyndra, a failed product by design, they too scammed people into investing into believing they could get rich off the taxpayer.
It brings me no joy being able to say "I told you so", but I warned the Bush Administration about the Solyndra design. Maybe they listened since they turned them down, but the Marxist Obama jumped on it and the rest is history.
Back to DC Solar. Of course this scam went beyond selling the lie of green energy. They sold pixie dust in the form of a nonexistent product.
The conspirators pulled off their scheme by selling solar generators that did not exist to investors, making it appear that solar generators existed in locations that they did not, creating false financial statements, and obtaining false lease contracts, among other efforts to conceal the fraud. In reality, at least half of the approximately 17,000 solar generators claimed to have been manufactured by DC Solar did not exist.
The following sentence makes my point, and no, again I have no sympathy for the investors because they knew their profits were based on ripping off their fellow taxpayers via Govt subsidies.
U.S. Attorney Scott stated: “This billion dollar Ponzi scheme hurt investors and took money from the United States Treasury.
This is akin to a riot where people are looting their neighbors businesses, "I just as well steal that 70" LCD TV, or someone else will". Yes, these investors were looting our treasury and deserve to lose their investment.
I know this may seem like an odd question, but have any of you ever thought about just how wrong it is to take taxpayers money to subsidize your lifestyle? I'd love to hear your response below...
The DOJ press release is well worth the read, if for no other reason, pure entertainment knowing someone is going to pay for their crime.
I may sound harsh, but looting our children’s future for personal gain and scaring them into submission should, in the least, get them a life sentence.
They may plead ignorance, but that is no excuse. They knew from the start that 15-to-30% of their profits were based on subsidies - your tax dollars. Wanna’ bet this has Pelosi family fingerprints all over it?
It may be a coincidence, but notice how all of this fraud is being exposed now that Trump is in office? Expect to see a lot more convictions in this Marxist "green energy" fraud.
Behold, Raptor Cuisinart: