Saturday, 3 July 2010

Obama’s Spending Spree Continues Unabated! Obama Commits Nearly $2 Billion to Solar Companies

THE INDEPENDENT: President Barack Obama, under pressure to spur job growth, said today that two solar energy companies will get nearly $2 billion in US loan guarantees to create as many as 5,000 green jobs.

In his weekly radio and Web address, Obama coupled his announcement with an acknowledgment that efforts to recover from the recession are slow a day after the Labor Department reported that private hiring in June rose by 83,000.

"It's going to take months, even years, to dig our way out and it's going to require an all-hands-on-deck effort," he said. >>> Steve Holland, Reuters | Saturday, July 03, 2010