As many as 50 Obama-backed green energy companies bankrupt or troubled

Daily Caller ^ | 10/30/12 | Michael Bastasch

[Nachum]

The October bankruptcy of solar company Satcon Technology Corp. puts the number of bankrupt or troubled green energy companies as high as 50, according to one estimate.

During the first presidential debate, Republican candidate Mitt Romney said the Obama administration had doled out $90 billion to green energy companies, half of which he said had failed, which sparked a media-wide debate over the accuracy of the claim.

The Romney campaign later clarified that he was talking about the DOE’s 1705 loan program which doled out $16.1 billion to green energy companies, according to the Washington Post. Of the 33 companies that received 1705 loan guarantees, only three have declared bankruptcy.

[Marine_Uncle]

Of course we already know at this site and like minded ones that billions total of tax payer's money where pissed away on these start ups.
Hopefully it will get a lot of traction (not by the Pravda News Service of course) in the days before the election. Of course the millions of idiots for the most part, and I number a few in my own family, and those on the public dole don't give a shit. They will along with all the stupid young morons supposedly eligible to vote, cast their vote for the Communist Muslim.
As some have noted. Quite a clever money laundering scheme. With pay back to the Kenyan in one form or another.
Sickening at best. Criminal for sure.

[clearcarbon]

Failure, the mark of zer0.

[sheik yerbouty]

The Shi’ite will hit the fan!

[hoosiermama]

First thing that came to mind was “bankstrs”

[SunkenCiv]

Thanks bitt.

[hoosiermama]

Remember that a large chunck of Solydra is owned by Kaiser-Frances a Tulsa Obama-backer gas/oil company....and that BO’s greatgrandpa was employed by a Tulsa gas/oil company? How many companies of that type are based in Tulsa? Maybe it’s time for transparency of BO’s financial record.

[Hotlanta Mike]

‘Gingrich: Senator told me networks may have White House emails commanding counterterrorism group to stand down on Benghazi rescue’

“The other big story, I think, that is going to break is on corruption and extraordinary waste in the solar power grants and direct involvement by the Obama White House, including the president, in the solar panel grants involving billions of dollars, and I suspect that’s going to break Wednesday and Thursday of this week,” Gingrich added.

Read more: http://dailycaller.com/2012/10/31/gingrich-rumor-says-networks-have-white-house-emails-telling-counterterrorism-group-to-stand-down-on-benghazi-rescue/#ixzz2Asn13PfE

[Luigi Vasellini]

bttt

[Alamo-Girl]

Great. Thanks for the ping!

[ntnychik]

Thanks for the ping. Wall Street Journal had an article Tues. about how much $$ Algore made on green schemes. I hope this story breaks big on major networks this week, but Sandy coverage can easily block out this story, along with Benghazi.

[TurboZamboni]

GREEN SCAM: 80% Of Green Energy Loans Went To Obama Donors - 19 Companies Went Bust

http://www.freerepublic.com/focus/f-news/2906481/posts

rats luv them some “green” laundered money

[TurboZamboni]

Now Barack can say, “here I am, rock you like a hurricane”.