Posted on 11/16/2011 2:43:13 PM PST by Libloather
Solyndra Case Reveals Gateway Between Administration Loans, Obama Allies
Published November 16, 2011 | FoxNews.com
As the White House rejects charges that the Obama administration was motivated by politics in its decisions on green energy loans, scrutiny is increasing over the preference given to Democratic donors seeking federal loans.
Recent emails suggest that politics did play a role in administration decisions regarding its energy loan guarantee programs. But beyond the timing of political announcements, the Solyndra investigation has churned up questions about the White House's overall strategy of doling out taxpayer money.
The rolls of green energy subsidies show that beyond a few headline-grabbing cases, several well-connected Democrats obtained taxpayer assistance for environmentally friendly projects.
Among the recipients are:
-- Solyndra, which received $535 million in loan guarantees and whose chief investor was Obama campaign bundler, George Kaiser;
-- Brightsource Energy, which received $1.6 billion and whose senior adviser is Robert Kennedy, Jr., an early Obama backer;
(Excerpt) Read more at foxnews.com ...
all that green job bull was just cover so Obama could pay off his friends
Do you remember the Green Credits thing (may still be in effect)
Where refineries got credits from the EPA for reductions in pollution. Then they gave GREEN Companies the same type of Credits.
Kennedy sold a bunch of his credits to some company that couldn’t meet the pollution restriction on time.
Now they don’t even bother with the scams...they just hand out taxpayer money at will. Screw the little people! Battle cry of DumoRATS.
Tea Pot Boiling Over————————>where is the outrage in Congress?
(newsbusters)
“Did the Administration punt on Keystone because there are more Solyndras out there dependent on high oil prices and Alberta oil threatens to lower the price enough to put more of them out of business? The GOP should be jumping on this.”
reward friends, punish enemies
This is an evil corrupt administration and the DEMONcrat party is living up to it’s nickname.
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