Obama pledges billions of taxpayer dollars for electricity in Africa, while Americans see energy prices 'necessarily skyrocket'

While in Africa (on a $100 million dollar trip), President Obama pledged billions of taxpayer dollars to ‘Power Africa,’ a new initiative to expand the continent’s energy capabilities, while last week, he announced that he will be sidestepping congress via Executive authority, to impose horrific new burdens on electric utilities that will result in the cost of energy rising for Americans.

Got that? 

American taxpayers will be forced to pay higher prices for energy, while those same taxpayers will be funding (billions of dollars worth) an initiative to find new discoveries of ‘vast reserves of oil and gas’ in Africa.

What sequester?

Photo Source: Evan Vucci via SF Gate

Is President Obama really worried about the plight of the American taxpayer? Or is he trying to level the playing field?

Follow Renee Nal on Twitter @ReneeNal and check out TavernKeepers.com and the Examiner for news you won’t find in the mainstream media. Renee is also a guest blogger for the Shire Blog.