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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
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1
posted on
06/13/2012 4:44:31 PM PDT
by
QT3.14
To: QT3.14
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!)
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.)
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)
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?)
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)
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.)
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)
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
To: AmusedBystander
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!)
To: pointsal
11
posted on
06/13/2012 5:00:09 PM PDT
by
pointsal
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)
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
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
To: QT3.14
15
posted on
06/13/2012 5:24:54 PM PDT
by
TurboZamboni
(Looting the future to bribe the present)
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?)
To: QT3.14
Start saving now. We’re gonna need to fund another bailout.
To: QT3.14
Start saving now. We’re gonna need to fund another bailout.
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?
To: QT3.14; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; America_Right; ...
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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