Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan
Gateway Pundit ^ | September 28, 2011 | Jim Hoft

Posted on 09/28/2011 2:26:47 PM PDT by opentalk

It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partner with SolarReserve. Nancy Pelosi’s brother-in-law happens to be the number two man at PCG.

Team Obama is spending $737 million to create 45 permanent jobs. The Hill reported, via Free Republic:

The Energy Department announced Wednesday that is has finalized a $737 million loan guarantee for a Nevada solar project. The decision comes several weeks after a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009 filed for bankruptcy and laid off 1,100 workers, setting off a firestorm in Washington.

The $737 million loan guarantee will help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve.


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


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: ethics; govcontracts; insanearrogance; lootingamerica; moneylaundering; obama; pelosi; reid; solargate
Navigation: use the links below to view more comments.
first previous 1-2021-23 last
To: WHBates

I believe I read somewhere , that Nancy Pelosi’s husband Blum, I think that’s his name, is also tied in with Solyrna.

It’s no wonder they are pushing green so hard, They are deeply invested in it,. Much like Al Gore, and it is our money being used, not theirs.


21 posted on 09/28/2011 4:03:32 PM PDT by Venturer
[ Post Reply | Private Reply | To 20 | View Replies]

To: opentalk

It would be wonderful if Pelosi and Reid get caught up in this brewing scandal. It would be even better if the friggin’
pubbies would get off their arses and investigate it.

IMHO silence equals collusion, so if they don’t do something about this they are equally guilty.


22 posted on 09/28/2011 4:07:48 PM PDT by WePledge (Ich werde fur immer ein Hollenhund werden. Semper Fidelis)
[ Post Reply | Private Reply | To 1 | View Replies]

To: WHBates

I remember solyndra hearings, but haven’t heard about the latest stuff. Thanks for the info.


23 posted on 09/28/2011 6:57:01 PM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
[ Post Reply | Private Reply | To 20 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-23 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson