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To: Red Badger
Obama told us with great sincerity that Solyndra and a whole range of other now-bankrupt companies would be the "future." Yup. The future as Proterra joins the Solyndra dump. Let's revisit....
"House investigators said they have uncovered evidence that White House officials became personally involved in an Energy Department review of a hot-button $535 million loan guarantee to the now-failed California solar company Solyndra." More....

"How did this company, without maybe the best economic plan, all of a sudden get to the head of the line?" Upton told ABC News in an interview this week. "We want to know who made this decision ... and we're not going to stop until we get those answers."

White House officials have said in interviews that they did not intervene in the Solyndra deal or others benefiting companies backed by supporters of the president. Yet the administration, from Obama to the Department of Energy, has very publicly praised the loan guarantee.

In 2009, the Obama administration hailed the Solyndra loan as the first in a series of federal infusions for "green energy" firms that held the potential to clean up the environment and create jobs. But earlier this week, Solyndra abruptly closed its doors, announced it would file for bankruptcy and laid off more than 1,100 workers.

While Energy Department officials steadfastly vouched for Solyndra -- even after an earlier round of layoffs raised eyebrows -- other federal agencies and industry analysts for months questioned the viability of the company. Peter Lynch, a longtime solar industry analyst, told ABC News the company's fate should have been obvious from the start.

Investigators Probe White House Role in Massive Energy Loan ABC News, 2 September 2011

The scam and associated hoaxes is now over a decade old, continuing in a "rinse-and-repeat" manner by a corrupt government.
21 posted on 12/06/2023 6:44:18 AM PST by Worldtraveler once upon a time (Degrow government)
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To: Worldtraveler once upon a time

‘Green Energy’ is just a scam to get ‘Greenbacks’ to Democrats green with envy, and nothing more................


22 posted on 12/06/2023 6:48:29 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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