SenJimDeMint

Easy Being Green: Odwalla Part of Sen. Jim DeMint's "Easy Being Green" video series looking at stimulus spending on President Obama's favored green energy projects. TRANSCRIPT: There's been a lot of talk by the president lately about special interest tax breaks -- corporate jets, thoroughbred horses, and other things. What the President is leaving out are the corporate give-aways he's been handing out to his business friends in the Big Green lobby. In his stimulus bill, the President charged the Treasury Department with handing out "grants in-lieu of tax credits." That's a fancy way of saying we're not going to make companies even bother to file a tax return before the US Treasury hands them a check. In the last two years it's handed out over 3000 grants totaling over $7 billion dollars. (www.treasury.gov You've probably heard of the Odwalla Company. They're a juice company that makes healthy drinks. You might have heard of their Chocolate Protein Monster Smoothie. You may not have heard that they've released the Protein Monster on the Federal Treasury to devour $1.47 million in tax dollars. (www.dailyenergyreport.com You see, under President Obama's stimulus plan, Odwalla was able to get the taxpayer to foot its energy expenses. You and I picked up 30% of the cost for a 500 kilowatt energy server. And if you think that Odwalla is just some small company that couldn't afford renewables on their own dime, you'd be mistaken. Odwalla is a wholly owned subsidiary of another mom and pop beverage ... From: SenJimDeMint Views: 1511 19 ratings Time: 01:57 More in News & Politics