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GREEN SCAM: 80% Of Green Energy Loans Went To Obama Donors - 19 Companies Went Bust
gateway pundit ^ | 6-2-12 | jim hoft

Posted on 07/14/2012 7:21:00 AM PDT by TurboZamboni

For those who only hear about these failing companies one by one, the following is a list of all the clean energy companies supported by President Obama’s stimulus that are now failing or have filed for bankruptcy. The liberal media hopes you’ve forgotten about all of them except Solyndra, but we haven’t.

Evergreen Solar SpectraWatt Solyndra (received $535 million) Beacon Power (received $43 million) AES’ subsidiary Eastern Energy Nevada Geothermal (received $98.5 million) SunPower (received $1.5 billion) First Solar (received $1.46 billion) Babcock & Brown (an Australian company which received $178 million) Ener1 (subsidiary EnerDel received $118.5 million) Amonix (received 5.9 million) The National Renewable Energy Lab Fisker Automotive Abound Solar (received $400 million) Chevy Volt (taxpayers basically own GM) Solar Trust of America A123 Systems (received $279 million) Willard & Kelsey Solar Group (received $6 million) Johnson Controls (received $299 million) Schneider Electric (received $86 million)

That’s 19 (that we know of so far).

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Crime/Corruption; Government
KEYWORDS: 80; bankrupt; boondoggle; bribes; cronycapitalism; energy; green; greenfraud; greenscam; loans; payoffs; scam; solar; volt
Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer, 4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.”

Those companies’ “political largesse is probably the best investment they ever made in alternative energy,” Schweizer explains. “It brought them returns many times over.”

http://blog.heritage.org/2011/11/14/report-80-of-doe-green-energy-loans-went-to-obama-backers/

1 posted on 07/14/2012 7:21:05 AM PDT by TurboZamboni
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To: TurboZamboni

Green crap has been the largest contributor to the economy crash.


2 posted on 07/14/2012 7:29:42 AM PDT by Logical me
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To: TurboZamboni
80% Of Green Energy Loans Went To Obama Donors - 19 Companies Went Bust

It may be one heck of a coincidence but nothing that could be worthy of finger pointing at the POTUS for.

Where did the left over 20% go, cost of doing business?

3 posted on 07/14/2012 7:30:44 AM PDT by EGPWS (Trust in God, question everyone else)
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To: TurboZamboni

Government corruption is in full bloom in the White House.


4 posted on 07/14/2012 7:33:59 AM PDT by Venturer
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To: TurboZamboni

The heir to one of these green energy companies told me that Hussein “caaaaares about the people”, that “he’s blaaaack!” and that “we don’t need anymore old white guys as POTUS.” I’d love to find out how many tax dollars that company is getting. Anyone know of where to find out?


5 posted on 07/14/2012 8:20:12 AM PDT by bgill
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To: TurboZamboni

This list would make one hell of a political ad - pointing to the corruption/gullibility of liberals and POTUS.


6 posted on 07/14/2012 8:32:35 AM PDT by bjc (Check the data!!)
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To: Venturer
Government corruption is in full bloom in the White House."

And they do it because they KNOW that when they leave power in January, no-one will investigate, follow up or prosecute. Being in government is the real-life Monopoly 'Get out of Jail Free' card.

7 posted on 07/14/2012 8:38:41 AM PDT by I am Richard Brandon
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To: Logical me
I am soooo tired of seeing commercials from companies who spin green crap into their message. There is one for the Olympics with a big bush walking around.

When I see this garbage I wonder if the people selling this story line are really that dumb, or if they think we are really that dumb.

8 posted on 07/14/2012 8:48:21 AM PDT by Baynative (A man's admiration for absolute government is proportionate to the contempt he feels for others)
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To: Venturer

Surprise! Surprise! Surprise!


9 posted on 07/14/2012 9:00:32 AM PDT by jayrunner
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To: TurboZamboni

Schneider Electric? As in Groupe Schneider? As in Modicon PLC’s?
Yet another product I no longer present as an option to clients.


10 posted on 07/14/2012 9:01:01 AM PDT by Fred Hayek (The Democratic Party is the operational wing of CPUSA.)
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To: TurboZamboni

In better times, any one of these scandals would have triggered an immediate and loud demand for investigations and hearings.

The American public has been under steady assault for almost four years now, with wave after wave of pummeling from this administration.

We’re angry, tired, and sore beyond belief.

Just what they want. A discouraged foe puts up no fight.


11 posted on 07/14/2012 9:07:37 AM PDT by Tigerized ("..and whack 'em, and whack 'em, and whack 'em!' cried the Toad in ecstasy." (also my 2012 strategy))
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To: TurboZamboni

bookmark


12 posted on 07/14/2012 9:11:29 AM PDT by saleman (!!!!)
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To: EGPWS

“80% Of Green Energy Loans Went To Obama Donors //
Where did the left over 20% go...?”

Overseas? (To people that donated large amounts broken into in small enough chunks to make them not reportable, no doubt.)


13 posted on 08/23/2012 11:28:13 AM PDT by Gil4 (Progressives - Trying to repeal the Law of Supply and Demand since 1848)
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