Navy Forced to “Go Green” – Another O-Scam

Editorial excerpt from IBD.

Jet Fuel-Gate Is Obama’s New Solyndra

Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.

The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama’s neo-Keynesian economic ideology.

Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for Navy aircraft — the biggest federal purchase of biofuel ever.

It’s part of the White House’s “we can’t wait for Congress” strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, “we can’t wait to go broke.”

. . .

The biofuel will be used next summer by — we’re not making this up — “the Great Green Fleet Carrier Strike Force” in exercises near Hawaii. Mabus painted the picture of America’s great naval force advancing from sails to coal to diesel to nuclear, and now finally to biofuels. But if we keep starving the Navy, it may soon not have enough loose change to repair the sails on Old Ironsides.

Read the entire editorial.