[justiceseeker93]

Does this "loan guarantee" transaction mean that the federal government is essentially making a "loan" to this "green energy" entity for development of wind power, and has agreed that it will do nothing against the firm in the event of default? If so, this might as well be considered a government giveaway, since the chances of a wind power enterprise succeeding in the US are slim and none.

The article failed to mention that Podesta himself is a Washington lobbyist in his family firm which bears his name. Furthermore, Podesta's long history as a Washington Democrat operative includes a stint in the White House as Clinton's chief of staff, where he was a major player in the granting of the controversial pardons at the end of Clinton's term.

[SunkenCiv]

Thanks justiceseeker93.