Obama said Saturday in his weekly radio and Internet address that he expected Congress to consider in the next few weeks halting $4 billion in tax subsidies, something he hasn't been able to get through Congress throughout his presidency. He said the vote would put lawmakers on record on whether they "stand up for oil companies" or "stand up for the American people."
"They can either place their bets on a fossil fuel from the last century or they can place their bets on America's future," Obama said.Hmmm, as I recall our Investor-in-Chief "bet" a couple billion of OUR dollars on 21st century solar companies like Solyndra.
Turned our to be a pretty bad bet. But at least it rewarded a few of his rich campaign contributors.