<p><strong>Ecofanaticism:</strong> 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.</p>
<p>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.</p>
<p>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.</p>
<p>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."</p>
<p>A look at the lucky seller of this environmentalist version of the proverbial $600 Pentagon toilet seat indicates that the move is not just wasteful, but ethically suspect.</p>
<p>As J.E. Dyer noted over the weekend on the Hot Air Green Room, "a member of Obama's presidential transition team, T. J. Glauthier, is a 'strategic advisor' at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked — shock, shock — on the energy-sector portion of the 2009 stimulus bill."</p>
<p><a href="http://news.investors.com/Article/594703/201112131858/navy-biofuel-gate-latest-obama-green-scam.htm">READ MORE AT INVESTORS.COM&gt;&gt;&gt;</a></p>