Posted on 10/30/2012 7:19:38 PM PDT by Nachum
The October bankruptcy of solar company Satcon Technology Corp. puts the number of bankrupt or troubled green energy companies as high as 50, according to one estimate.
During the first presidential debate, Republican candidate Mitt Romney said the Obama administration had doled out $90 billion to green energy companies, half of which he said had failed, which sparked a media-wide debate over the accuracy of the claim.
The Romney campaign later clarified that he was talking about the DOEs 1705 loan program which doled out $16.1 billion to green energy companies, according to the Washington Post. Of the 33 companies that received 1705 loan guarantees, only three have declared bankruptcy.
(Excerpt) Read more at dailycaller.com ...
The Shi’ite will hit the fan!
First thing that came to mind was “bankstrs”
Thanks bitt.
Remember that a large chunck of Solydra is owned by Kaiser-Frances a Tulsa Obama-backer gas/oil company....and that BO’s greatgrandpa was employed by a Tulsa gas/oil company? How many companies of that type are based in Tulsa? Maybe it’s time for transparency of BO’s financial record.
‘Gingrich: Senator told me networks may have White House emails commanding counterterrorism group to stand down on Benghazi rescue’
The other big story, I think, that is going to break is on corruption and extraordinary waste in the solar power grants and direct involvement by the Obama White House, including the president, in the solar panel grants involving billions of dollars, and I suspect thats going to break Wednesday and Thursday of this week, Gingrich added.
bttt
Great. Thanks for the ping!
Thanks for the ping. Wall Street Journal had an article Tues. about how much $$ Algore made on green schemes. I hope this story breaks big on major networks this week, but Sandy coverage can easily block out this story, along with Benghazi.
GREEN SCAM: 80% Of Green Energy Loans Went To Obama Donors - 19 Companies Went Bust
http://www.freerepublic.com/focus/f-news/2906481/posts
rats luv them some “green” laundered money
Now Barack can say, “here I am, rock you like a hurricane”.
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