Green Energy
(DougRoss)
As one commenter noted after reading ABC News' reporting on EnergyGate and Solyndra:
- Venture Capitalists Who Backed Obama Talk About The $134 Billion Obama Put At Their Disposal And Using His Administration "like A Hooker In A Prison Yard"
Via BuzzFeed: The Republican National Committee is continuing its counterattack on President Barack Obama, releasing emails and videos to bolster Romney’s recent claims that the White House’s efforts to invest in “green energy” amounted...
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Energy Department Altering On-Line Press Releases About "Green" Energy Loans Update: Reason For Alteration RevealedFrom Ace:Sun Power got a $1.2 billion loan guarantee, and we might be eating that one shortly, too. And Sun Power is very well-connected...
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US Gov't approves 4 more solar energy loan guarantees worth nearly $5B on Friday From Will at The Other News: The U.S. Energy Department approved four more solar energy loan guarantees worth nearly $5 billion on Friday just hours before a controversial...
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Did Solyndra Actually Get a Second Loan of $469 Million, Bringing the Full Loan Package To Over A Billion?From Ace:This is unclear. The great @williamamos highlighted the fact that Solyndra did indeed apply for a second big loan guarantee, noting this...
- Your Stimulus Dollars At Work: $535 Million Given To Solar Power Panel Manufacturer In Fremont, Ca - Company Goes Bust
A $787 Billion Stimulus, and we have nothing to show for it. I expect that more and more stories like this one will be forthcoming in the next year. This could very well be the kind of story that will sink Obama: Solyndra, Inc. was supposed to have showcased...
Green Energy
Shock: ABC News Blows EnergyGate Wide Open
(DougRoss)
As one commenter noted after reading ABC News' reporting on EnergyGate and Solyndra:
There seems to be an inverse relationship between the president's popularity and the mainstream media's willingness to tell stories that need to be told. As Obama continues to slide in the polls, I'm sure we will find out all kinds of stuff that may have helped 2.5 years ago. While its too late now for everyone impacted by this administration's economic choices, there's hope that everyone will vote more responsibly next year... on both sides of the aisle.
Here's the reader's digest version:
• Kaiser's company, Solyndra, received a $535 million loan guarantee from DOE.
• Kaiser's company received the loan before DOE received final copies of outside reviews of the deal.
• Steven Spinner raised $500,000 for Barack Obama's 2008 presidential campaign.
• Spinner then became one of Energy Secretary Steven Chu's key loan advisers.
• Spinner later wrote that he "helped oversee the more than $100 billion" in loans and guarantees.
• Spinner executed 29 stock trades in energy companies while serving as a DOE adviser
• Spinner held shares in at least four companies that received DOE loans
• Spinner's wife's law firm collected around $2.5 million while representing Solyndra
• Spinner's wife's law firm also represented two other companies that received $34 million from DOE
• Steve Westly raised $500,000 for Barack Obama's 2008 presidential campaign.
• Westly then became one of Energy Secretary Steven Chu's key advisers.
• Westly was an investor in five firms that received half a billion dollars in energy grants and loans from DOE.
• John V. Roos raised $500,000 for Barack Obama's 2008 presidential campaign.
• Roos' law firm (the same firm Spinner's wife worked for) collected around millions from DOE-funded companies.
Put simply, if the Climatards are willing to waste billions enriching themselves in the name of green energy, then they can't really take the global warming scam seriously. In other words, the green tech movement no more believes in the global warming grift than you or I.
And, once again, where's the special prosecutor?
Postscript: The Bush administration rejected Solyndra's requests for loans for two years citing incomplete documentation.
Read the full story here.
- Venture Capitalists Who Backed Obama Talk About The $134 Billion Obama Put At Their Disposal And Using His Administration "like A Hooker In A Prison Yard"
Via BuzzFeed: The Republican National Committee is continuing its counterattack on President Barack Obama, releasing emails and videos to bolster Romney’s recent claims that the White House’s efforts to invest in “green energy” amounted...
-
Energy Department Altering On-Line Press Releases About "Green" Energy Loans Update: Reason For Alteration RevealedFrom Ace:Sun Power got a $1.2 billion loan guarantee, and we might be eating that one shortly, too. And Sun Power is very well-connected...
-
US Gov't approves 4 more solar energy loan guarantees worth nearly $5B on Friday From Will at The Other News: The U.S. Energy Department approved four more solar energy loan guarantees worth nearly $5 billion on Friday just hours before a controversial...
-
Did Solyndra Actually Get a Second Loan of $469 Million, Bringing the Full Loan Package To Over A Billion?From Ace:This is unclear. The great @williamamos highlighted the fact that Solyndra did indeed apply for a second big loan guarantee, noting this...
- Your Stimulus Dollars At Work: $535 Million Given To Solar Power Panel Manufacturer In Fremont, Ca - Company Goes Bust
A $787 Billion Stimulus, and we have nothing to show for it. I expect that more and more stories like this one will be forthcoming in the next year. This could very well be the kind of story that will sink Obama: Solyndra, Inc. was supposed to have showcased...