BANK OF AMERICA PLANS TO WASTE MORE THAN ITS ENTIRE BAILOUT


The Reference Frame caught this extraordinary waste of taxpayer resources – of all places on a Greek (!) business website.

The essence of the article is that the Bank of America (BoA) is planning to spend $50 billion over the next ten years to address climate change, from improved energy efficiency of its facilities to special financing of hybrid vehicle purchases.  Any way you look at it, $50 billion is just a tad bit more than the $45 billion we (as in “We, the People”) had given BoA just a few years ago to get it out of hot water.

Poor return on our investment, I’d say.  And, of course — where is the science?

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About Michael J. Kubat

I'm a grumpy Czech-born clinical social worker who is vitally interested in the survival in the United States as a viable democracy and a beacon of hope for the rest of the world.
This entry was posted in global warming, rightful place of science, science, scientific fraud and tagged , , . Bookmark the permalink.

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