Green Energy
More, from Will at The Other News:
-
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...
-
Head of DOE Loans Program Resigns Following Solyndra Scandal From Will at The Other News: The head of the US Department of Energy (DOE) Loan Programs Office has resigned in the midst of the controversy surrounding the bankruptcy of solar panel...
- Solyndra E-mails: Dept. Of Energy Was Poised To Approve ***second*** $469 Million For Solyndra
WaPoThe Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.The Energy Department was actively pushing to...
-
Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan From Will at The Other News:It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve....
-
Solyndra Insiders: Once We Got That Fat Loan, We Overspent Like CrazyFrom Ace:Of the myriad problems with socialism, one is this: People take good care of their own money. They earned it, they sweated it. They are reasonably careful about how they dispose...
Green Energy
Did Solyndra Actually Get a Second Loan of $469 Million, Bringing the Full Loan Package To Over A Billion?
From Ace:
This is unclear.Click on the title to read the whole thing at Ace of Spades.
The great @williamamos highlighted the fact that Solyndra did indeed apply for a second big loan guarantee, noting this blog, LA Observed, scooping everyone on the story.
Here's the thing: No one seems to be able to say with confidence whether the government did in fact extend that loan guarantee to them.
I'm assuming, provisionally, that means this is being covered up.
Because why would the Obama Administration, if it had in fact denied the loan guarantee, not rush out with proof they'd declined the second application? That would be helpful to them, wouldn't it?
More, from Will at The Other News:
In March 2009, at the urging of the Obama White House, the Department of Energy loan department approved a $535 million guaranteed loan to Solyndra. Of course, the administration is trying to blame the Bush White House (what's new?) because the loan application occurred while Bush was president.
The fact is the Energy Department under President Bush DENIED the loan request from Solyndra during the administration’s waning days in early January of 2009. The Bush Energy Department denied the loan because the “company didn’t have good long-term prospects.”
Solyndra Gate... anyone?
-
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...
-
Head of DOE Loans Program Resigns Following Solyndra Scandal From Will at The Other News: The head of the US Department of Energy (DOE) Loan Programs Office has resigned in the midst of the controversy surrounding the bankruptcy of solar panel...
- Solyndra E-mails: Dept. Of Energy Was Poised To Approve ***second*** $469 Million For Solyndra
WaPoThe Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.The Energy Department was actively pushing to...
-
Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan From Will at The Other News:It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve....
-
Solyndra Insiders: Once We Got That Fat Loan, We Overspent Like CrazyFrom Ace:Of the myriad problems with socialism, one is this: People take good care of their own money. They earned it, they sweated it. They are reasonably careful about how they dispose...