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What Solyndra Fiasco?
Wall Street Journal ^ | 09-29-11

Posted on 09/28/2011 7:45:31 PM PDT by Kevin in California

If you thought the $535 million Solyndra scandal had chastened the fearless venture capitalists of the Obama Administration, think again. The Department of Energy shovelled out $1.1 billion in new loan guarantees to solar projects in Nevada and Arizona Wednesday, and more deals are pending before the $18 billion program funded by the 2009 stimulus expires Friday.

(Excerpt) Read more at online.wsj.com ...


TOPICS: News/Current Events
KEYWORDS: aboundsolar; greenenergy; porkulus; solarenergy; solargate; solyndragate

1 posted on 09/28/2011 7:45:37 PM PDT by Kevin in California
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To: Kevin in California; JLAGRAYFOX; gonzo; flat; unkus; SouthTexas; vette6387; MinuteGal; ...

Meanwhile, the GOP is searching for their manhood or what? When are the spineless, gutless House Republicans and their less than fearless leader, Boner, going to stop this corruption? Answers, please.


2 posted on 09/28/2011 7:49:00 PM PDT by ExTexasRedhead
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To: ExTexasRedhead

Oops, we went bankrupt again. Can’t explain how the “stimulus” money got into the DNC account for some reason.


3 posted on 09/28/2011 7:53:44 PM PDT by boop ("Let's just say they'll be satisfied with LESS"... Ming the Merciless)
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To: ExTexasRedhead

My local newspaper hasn’t covered this story.


4 posted on 09/28/2011 7:54:02 PM PDT by Dr. Scarpetta
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To: Kevin in California

The two pixies running the Solyndra Money Sewer pled the Fifth and everyone said, “Oh. Alright. Thanks for coming.”


5 posted on 09/28/2011 7:57:14 PM PDT by FlingWingFlyer (Barry gives them $535 million and they take "the fifth" when asked where it went.)
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To: Kevin in California
and America takes another one in the........

6 posted on 09/28/2011 7:58:01 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Dr. Scarpetta

So obviously your local newspaper endorsed Obama.

There is no honor anymore.


7 posted on 09/28/2011 7:58:23 PM PDT by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: Kevin in California

BTW: Anybody know what happened to those Solyndra records that we saw those so called “FBI” guys hauling off? I don’t think we’ll ever see those puppies again.


8 posted on 09/28/2011 8:00:25 PM PDT by FlingWingFlyer (Barry gives them $535 million and they take "the fifth" when asked where it went.)
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To: Kevin in California

I’m SURE there’s a scandal behind every dammed one of these companies. Just follow the money. This should be low hanging fruit.


9 posted on 09/28/2011 8:05:28 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: FlingWingFlyer

Interesting...had not thot of that, but you could very well be correct.


10 posted on 09/28/2011 8:09:09 PM PDT by bushwon ("If you think healthcare is expensive now, wait till it is free"--PJ O'rourke)
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To: Kevin in California

Solargate


11 posted on 09/28/2011 8:14:50 PM PDT by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: Kevin in California

They’re also still forging ahead with another $300 million to Abound Solar.

The deal was for $400 million, but they’re to spend $100 m of it on an existing line in CO, before they get the money to then build a new line in an unfinished transmission plant in IN.

Nothing but very basic upkeep has gone on there since the deal was cut a year ago.

but lo and behold!....Just yesterday, they strung up a 6 foot banner on the fence with their name on it.


12 posted on 09/28/2011 8:22:16 PM PDT by digger48
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To: FlingWingFlyer
BTW: Anybody know what happened to those Solyndra records that we saw those so called “FBI” guys hauling off? I don’t think we’ll ever see those puppies again.

I thought that from the start. The FBI raid was to remove evidence. Not find it.

13 posted on 09/28/2011 8:24:39 PM PDT by digger48
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To: ExTexasRedhead

Meanwhile, the GOP is searching for their manhood or what? When are the spineless, gutless House Republicans and their less than fearless leader, Boner, going to stop this corruption? Answers, please.


I think a lot of them have been threatened.


14 posted on 09/28/2011 8:30:29 PM PDT by unkus (Silence Is Consent)
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To: ExTexasRedhead

Mr. Boner would prefer not to appear “mean”.


15 posted on 09/28/2011 8:31:46 PM PDT by chris37 (Heartless.)
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To: digger48

We’re now living in an Oligarchy. Have been for a while, actually.


16 posted on 09/28/2011 8:33:03 PM PDT by unkus (Silence Is Consent)
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To: Kevin in California

President Barack Obama will raise money in early October with a Missouri businessman whose company benefited from a $107 million federal tax credit to develop a wind power facility in his state.

Tom Carnahan, a scion of Missouri’s most prominent Democratic political family, is listed on Obama’s campaign website as a host of a $25,000-per-person fundraiser to be held in St. Louis on October 4

Read more: http://www.politico.com/news/stories/0911/64276.html#ixzz1ZJMWOeIt


17 posted on 09/28/2011 9:18:25 PM PDT by Lorianne
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To: Kevin in California

I saw report of a company from SPAIN that got $1.2 BILLION in loan guarantees from us.....Abenoa or something like that...


18 posted on 09/28/2011 9:20:38 PM PDT by goodnesswins (My Kid/Grandkids are NOT your ATM, liberals! (Sarah Palin))
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To: Hoodat

Now we know how Obama is going to get his Billion dollars for his campaign.We are Giving it to him,6 billion in 5 days to solar companies.Those Campaign contribution kickbacks will be in the Mail soon


19 posted on 09/29/2011 3:50:10 AM PDT by ballplayer
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To: Kevin in California
Nancy Pelosi's brother in law just got a $735 MILLION DOLLAR loan guarntee for US for an energy compny!!!!

INVESTIGATE NOW!! This is Insanity!!

20 posted on 09/29/2011 4:34:49 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: boop; JLAGRAYFOX; vette6387; flat; unkus; SouthTexas; Las Vegas Ron; Todd Kinsey; freekitty; ...

Anyone think that the bank accounts of everyone in this Administration (including their spouses) should be investigated and audited including everyone connected to them? Do we have enough prison space to house those who are found dirty?


21 posted on 09/29/2011 6:41:13 AM PDT by ExTexasRedhead
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To: Aria
So obviously your local newspaper endorsed Obama. There is no honor anymore.

Yes they did, which is why I don't subscribe. The fact that my newspaper doesn't cover this scandal explains why so many people around here vote democrat.

I have to keep up with local news on the internet. Years ago it was a nice paper, but now it's part of a big chain.

22 posted on 09/29/2011 8:13:44 AM PDT by Dr. Scarpetta
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To: Kevin in California
Imagine this:

If you thought the $535 million Haliburton scandal had chastened the fearless venture capitalists of the Bush Administration, think again. The Department of Energy shovelled out $1.1 billion in new loan guarantees to oil projects in Nevada and Arizona Wednesday, and more deals are pending before the $18 billion program funded by the 2009 tax reduction expires Friday.

We'll go out on a limb and say the rush raises questions about how carefully these outlays are being vetted, especially in light of oil producer Haliburton's August bankruptcy. The FBI, Treasury Department and Congress are all investigating who approved the politically connected Texas company's loan guarantee and why. The case is an embarrassment for the White House, which touted Haliburton as a model for its energy jobs agenda.

23 posted on 09/29/2011 1:05:47 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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