Posted on 09/30/2011 4:54:42 PM PDT by Kaslin
Corruption: It turns out a recent recipient of the administration's largesse is from the House of Pelosi. The green energy scandal keeps picking up speed.
Last week, the Energy Department completed a $737 million loan guarantee to Tonopah Solar Energy and an additional $337 million for Sempra Energy.
On the surface, there's nothing suggesting either is improper. But just beneath the surface is the clear appearance of impropriety.
Tonopah Solar is a wholly owned subsidiary of SolarReserve, which lists among its "investment partners" a company named Pacific Corporate Group. Again, on the surface, no hint of corruption.
But an enterprising blog called the American Glob dug a bit and found that "The No. 2 guy at Pacific Corporate Group is Ronald Pelosi," who happens to be the brother-in-law of House Minority Leader Nancy Pelosi.
Fortune senior editor Dan Primack argues that "it is patently false" that Ronald Pelosi "will benefit from the loan."
That's a bit of a stretch, though. He might not be free to put his hands on any of those taxpayers' dollars. But if PCG benefits from the loan, so does he, just as any employee profits when his employer has healthy earnings or receives a windfall.
Merely hanging on to a cushy job due to an influx of cash qualifies as a benefit.
(Excerpt) Read more at investors.com ...
It’s in NV. Dingy Harry will be getting a kiss, too.
Check out the configuration of the site.... How many land transfers did that take? I’d like to see the title history on those parcels.
No more government loan guarantees. To anyone.
No more handouts to corporations, period. No more special tax breaks for one company or industry over another.
Just a start
No 'infrastructre' is being rebuilt. No roads are being repaired.
Absolutely. This is crony capitalism, pure and simple, if not worse, and should be shut down.
If I understand it correctly, there was $5B more doled out today in load guarantees to obumber doners. And yet not word from any politician, including the Tea Party Candidates elected on 2010?
redistribution of wealth to democratic wealthy
Have you seen those videos of the flash mobs? They look you straight in the eye, and then steal like mad, defying anybody to stop them by force of numbers.
This is a mob, and they’re in full-scale looting mode. They know you see them, and they don’t care.
Yeah, yeah, yeah....just like gunrunner...this administration will get away with anything and everything. Call me a pessimist, but this stuff is getting old...from lack of college transcripts, questions about eligibility, obamacare, Soros at the helm, liberals run amok all through MSM....the list just keeps on getting longer..God help us.
You gotta give Obama credit, he stays in-your-face without any shame for obvious corruption.
Well, well, well! Robo-Represenative Porky Pelosi finally got her hands caught in the pig poo. This could not happen at a better time!
Lemme see now, - - -hmmmmmm - - - . Surely there is someone who supports the idea of reducing the size of our Total National Debt in Porky’s district that could beat her in 11-2012. There just gotta be! Hmmmmm - - - ?
You didn’t really think Democrats were supporting Green for the fun of it did you?
Of course they have their fingers in the pie.
They don’t pay a million dollars in a campaign for a job that pays less than $150,000 because they love this country.
Does anyone know a poor Senator? LMAO , I didn’t think so.
I live in Nevada.
There are NOT very many votes to ‘buy’ in Tonapah.
Old gold & minimg town.
The rats know they are going down in November 2012.
They are getting all they can to take with them on the life rafts. 3 layers deep to find this large sucking sound.
Darrel Issa & Grassley are going to be very busy in the coming months. How many law school graduate interns can Issa hire for little to nothing to do the digging??
With $4 1/2 Trillion in their slush fund, Democrats will buy every one of them.
Thanks Kaslin.
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