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Bank of America to Spend $50 Billion Fighting Global Warming; Got $45 Billion from Bailout
Brietbart ^ | June 12, 2012 | Wynton Hall

Posted on 06/13/2012 4:44:19 PM PDT by QT3.14

On Monday, Bank of America announced it plans to provide $50 billion in loans and financing over the next ten years for "environmentally friendly energy projects."

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


TOPICS: Culture/Society; News/Current Events
KEYWORDS: bankamerica; climatechange; globalwarming; globalwarminghoax; weather

1 posted on 06/13/2012 4:44:31 PM PDT by QT3.14
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To: QT3.14

More globaloney warmism.


2 posted on 06/13/2012 4:45:50 PM PDT by QT3.14 (Never Argue With A LIBERAL...They Will Drag You Down To Their Level, Then Beat You With Experience!)
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To: QT3.14

A wiser move would be to buy $50 billion in gold bars and lock it in their vault.


3 posted on 06/13/2012 4:47:53 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: QT3.14
Thus, they are the very model of the modern major mercenary monetary institution, n'est ce pas?
4 posted on 06/13/2012 4:51:26 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: QT3.14

And we serfs will pay off the loans by way of ever higher rates.


5 posted on 06/13/2012 4:52:05 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: QT3.14
and their shareholders are good with this? what about the banks fiduciary duty/responsibility to the shareholders???
6 posted on 06/13/2012 4:56:09 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: QT3.14

Simply more Solyndra-style corruption, and nobody in the LSM cares.

Hey Rush, you lurking?


7 posted on 06/13/2012 4:56:47 PM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: QT3.14
They aren't SPENDING a dime as the title would make you believe. They are LOANING the money at interest. Big difference.

Of course, we may be on the hook for any of their BAD loans if der gayfuhrer is re-elected.

8 posted on 06/13/2012 4:57:51 PM PDT by AmusedBystander (The philosophy of the school room in one generation will be the philosophy of government in the next)
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To: QT3.14
What kind of cushy Federal guarantee goes with this aggressive lending program?

Follow the money...this does NOT happen in a vacuum.

9 posted on 06/13/2012 4:59:09 PM PDT by pointsal
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To: AmusedBystander

Exactly.


10 posted on 06/13/2012 4:59:15 PM PDT by DoughtyOne (Republicanism: Y1 Rant Y2 Rant Y3 Rant Y4, Oh nevermind, vote for him anyway. Rinse & Repeat!)
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To: pointsal

bttt


11 posted on 06/13/2012 5:00:09 PM PDT by pointsal
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To: QT3.14

BoA repaid all its TARP before Ken Lewis was forced out

If BoA blows $50 Billion pandering to liberal loonies I bet there wil be some pictures posted around of Ken Lewis with “Miss Me Yet?”


12 posted on 06/13/2012 5:01:49 PM PDT by silverleaf (Every human spent about half an hour as a single cell)
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To: silverleaf

BofA....glad I left the Arsehats years ago....too bad, as they had good system, just idiots running it.


13 posted on 06/13/2012 5:06:53 PM PDT by Kackikat
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To: silverleaf

BofA....glad I left the Arsehats years ago....too bad, as they had good system, just idiots running it.


14 posted on 06/13/2012 5:06:53 PM PDT by Kackikat
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To: QT3.14

BOA=Bend Over, America


15 posted on 06/13/2012 5:24:54 PM PDT by TurboZamboni (Looting the future to bribe the present)
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To: AmusedBystander
Of course, we may be on the hook for any of their BAD loans if der gayfuhrer is re-elected.

And we'll be on the hook even if he isn't.
16 posted on 06/13/2012 5:26:05 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: QT3.14

Start saving now. We’re gonna need to fund another bailout.


17 posted on 06/13/2012 5:56:35 PM PDT by BinaryBoy (Anyone But Romney)
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To: QT3.14

Start saving now. We’re gonna need to fund another bailout.


18 posted on 06/13/2012 5:57:11 PM PDT by BinaryBoy (Anyone But Romney)
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To: QT3.14

BofA is a huge bank. Are we sure they wouldn’t be making $5B/year in loans across all energy, transportation, and other ‘green’ (wink, wink) sectors already?


19 posted on 06/13/2012 6:03:39 PM PDT by 9YearLurker
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To: QT3.14; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; America_Right; ...
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

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20 posted on 06/13/2012 8:54:11 PM PDT by Tolerance Sucks Rocks (Occupy DC General Assembly: We are Marxist tools. WE ARE MARXIST TOOLS!)
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To: cripplecreek
And we serfs will pay off the loans by way of ever higher rates.

That is certain.

21 posted on 06/13/2012 9:41:06 PM PDT by A message
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To: QT3.14

Ain’t we rich


22 posted on 06/13/2012 10:27:08 PM PDT by dila813
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Comment #23 Removed by Moderator

To: Tolerance Sucks Rocks

If B of A is this stupid, might to time to short them...


24 posted on 06/14/2012 9:04:02 AM PDT by GOPJ (Take your little hammer, little sickle and your scary red signs with a fist on it, and go home...)
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