Smart Power at the Department of Energy under Obama and Steven Chu:

In fact, Sharyl Attkisson of CBS News reported that twelve companies, which received a total of about $6.5 billion from the DOE, are facing severe financial issues or have already declared bankruptcy. When questioned by the House Subcommittee on Energy and Power about how many DOE-financed firms might be at risk, Secretary Chu said, “I don’t recall the exact number.” He refused to have his staff prepare a list for the committee after the hearing.

That’s $6.5 billion out of the allocated $30 billion for start-up green-energy firms.

Meanwhile, Obama tours the country mocking republicans and their simplistic plan to drill here, drill now.

The Hammer differs with Obama’s contention that we’re drilling “all over this country”:

President Obama incessantly claims energy open-mindedness, insisting that his policy is “all of the above.” Except, of course, for drilling:
– off the Mid-Atlantic coast (as Virginia, for example, wants)
-off the Florida Gulf Coast (instead, the Castro brothers will drill near there)
– in the broader Gulf of Mexico (where drilling in 2012 is expected to drop 30 percent below pre-moratorium forecasts
 -in the Arctic National Wildlife Refuge (more than half the size of England, the drilling footprint being the size of Dulles Airport)
-on federal lands in the Rockies (where leases are down 70 percent since Obama took office)

Wow, Obama's got a busy day:
10:30 am || Departs White House
11:40 am CDT || Arrives Chicago
1:35 pm CDT || Attends a fundraiser; Palmer House Hilton, Chicago
3:00 pm CDT || Departs Chicago
5:30 pm || Arrives Atlanta
6:35 pm || Delivers remarks at a fundraiser; private residence
8:25pm || Delivers remarks at a fundraiser; Tyler Perry Studios; Atlanta
5:30 pm || Delivers remarks at a fundraiser; private residence
10:55 pm || Departs Atlanta
12:40 am || Arrives White House


FOUR fundraisers in one day.  How is he going to fit in any basketball watching?


Commenter Shofar, at has been keeping track of Obama’s fundraising:

Scheduled fundraisers 8, 9, 10, and 11 for the month. Twelve workdays thus far in March, average – one fundraiser for every 1.0909 days worked. That did not count the State Dinner for the British cheerleader-in-chief.
Total scheduled fundraiser YTD – 39
Total workdays YTD – 54
Average YTD – 1 for every 1.38 work days.

Yet, as Jim Messina informed us MONTHS ago “”He [Obama] has a day job and his schedule doesn’t allow him to do much fundraising.”

Umn. Yea. Right.

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