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Pelosi’s Brother-In-Law’s Company Received $737,000,000 From Obama’s Energy Department As “Loan ..
thebeltwayreport ^ | 2/9/2019 | liberating elder

Posted on 05/12/2019 9:08:47 PM PDT by bitt

OPINION | IN ORDER TO UNDERSTAND THE FUTURE WE CERTAINLY MUST UNDERSTAND THE PAST. THIS IS TRUE AT LEAST WHEN IT COMES TO WHAT WE CAN EXPECT FROM CORRUPT POLITICIANS.

To envision the size of the pot of gold that Democrats envision for themselves at the other end of the Green New Deal rainbow we only have to look back to the Obama administration, the $3 Trillion in “stimulus” money, the Green Movement, and how it seemingly enriched Democrats, their donors, and Nancy Pelosi in particular.

For background we cite a September 2011 article from the Daily Mail:

Even as government financed “green energy” pioneer Solyndra was failing, the Obama administration approved an additional $1 Billion in loans to similar green energy projects.

A whopping 737 million of that money went to the Crescent Dunes project situated in Tonopah, Nevada, to finance a 110-megawatt desert solar power plant.

Stay with me.

Nancy Pelosi’s brother-in-law’ company was a primary beneficiary of that money landing a $737 million loan guarantee from the Department of Energy for Crescent Dunes.

Funny that as Democrats scream that Saudi’s renting out an entire floor of a Trump hotel is an untenable emolument. But I digress.

Despite knowledge that Solyndra was tanking then-Minority Leader Pelosi’s brother-in-law, second in command at the energy investment firm backing the project, somehow secured government funding for the SolarReserve project.

PCG Clean Energy & Technology Fund (East) LLC, listed as one of the investors in the project was given the staggering loan, which even dwarfs that given to failed company Solyndra.

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


TOPICS: Crime/Corruption; Extended News; Government; Politics/Elections; US: California
KEYWORDS: botox; california; corruption; crescentdunes; energy; fraud; globalwarminghoax; greennewdeal; nancypelosi; nevada; obama; pelosi; pelosibio; pelosicorrupt; pelosifamily; reallyoldnews; ronaldpelosi; ronpelosi; sanfrancisco; sanfrannan; solyndra; tonopah
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To: Brown Deer

Sad and pathetic.


21 posted on 05/12/2019 9:55:01 PM PDT by neverevergiveup
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To: bitt

DC needs to be nuked from the planet.


22 posted on 05/12/2019 10:35:11 PM PDT by coon2000 (Give me Liberty or give me death)
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To: vette6387

Same as the one near Los Angeles...needs LNG to keep it going.


23 posted on 05/12/2019 11:07:46 PM PDT by spokeshave (If anything, Trump is guilty of attempting to obstruct injustice.)
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To: bitt

Good!!!

We have what, 532 kings and queens now and it is their right to do whatever they want.


24 posted on 05/12/2019 11:15:21 PM PDT by dp0622 (The Left should know if.. Trump is kicked out of office, it is WAR)
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To: bitt; Chode; Squantos; SkyDancer; Lockbox; OldMissileer; carriage_hill; snooter55; Delta 21; ...

Thank You for the Posting.

PING to ABOMINATION OF ABUSE and $ GRANDE GRANDE GRANDE + 000,000.00 of THEFT !!!

And THAT’S JUST THE BEGINNING...


25 posted on 05/12/2019 11:20:47 PM PDT by mabarker1 (Congress- the opposite of PROGRESS!!!)
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To: bitt

Since our congress critters have no decency any longer. A law must be passed that no one having any type of family relationship with a member of congress is entitled to any financial benefits. Period. Friends will also not be allowed.
This is nothing but criminal.


26 posted on 05/12/2019 11:30:56 PM PDT by vpintheak (Stop making stupid people famous!)
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To: bitt

Payola


27 posted on 05/12/2019 11:33:59 PM PDT by Berlin_Freeper
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To: bitt

WE DON’T NEED THE TAX RECORDS OF MILLIONAIRES WHO BECAME POLITICIANS.
  WE NEED THE TAX RECORDS OF POLITICIANS WHO BECAME MILLIONAIRES!
 Curious how many of these folks ENTER Congress with a moderate net worth and come out MULTI-MILLIONAIRES?
 https://www.brighteon.com/6022963651001


28 posted on 05/12/2019 11:34:00 PM PDT by Dick Bachert
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To: bitt; All

Audit Pelosi and Company.


29 posted on 05/12/2019 11:41:39 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: bitt

A loan guarantee creates a contingent liability for the issuing government. In the event of a default, the government is liable for the balance. If we assume a 20% risk of default (perhaps, an optimistic estimate, given the industry involved), then this guarantee was worth $150 million.


30 posted on 05/12/2019 11:49:59 PM PDT by USFRIENDINVICTORIA
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To: Cobra64

Unfortunately, such an audit would likely require civil unrest. And because U.S. media protects these jackwagons, nothing will happen — no shenanigans exposed.

U.S. media isn’t really NBC, MSNBC, ABC, CNN, ... it’s the parents... Comcast, Disney, and now ATT.

Help to keep our complacent fellow FReepers in check — those that have no problem patronizing Comcast, Disney, and ATT — those that have no problem sustaining those that despise us.


31 posted on 05/13/2019 12:37:29 AM PDT by Gene Eric (Don't be a statist!)
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To: bitt

Her whole damned family is nothing but a bunch of crooks. Time for a grand jury to look into ALL her crooked dealings, esp. regarding buying up real estate in S.F.


32 posted on 05/13/2019 1:10:16 AM PDT by MadMax, the Grinning Reaper
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To: bitt

BKMRK


33 posted on 05/13/2019 2:01:50 AM PDT by Sontagged ("The heavens declare the glory of God; and the firmament sheweth his handiwork." -Psalm 19:1)
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To: bitt

OMG!!!


34 posted on 05/13/2019 2:04:00 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: vpintheak

LOL!! WHO is going to Pass a Law that Stops THEIR GRAVY TRAIN!!


35 posted on 05/13/2019 2:07:12 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Dick Bachert

AMEN!!! Needs repeating on MANY threads!


36 posted on 05/13/2019 2:07:58 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Ann Archy

Repeal the 17th Amendment kills the deep state

Repeal the 16th Amendment takes away the cash flow...


37 posted on 05/13/2019 2:22:50 AM PDT by Article10 (Roger That)
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To: gaijin

Isn’t that the system which fries flying birds and pretty much anything else that gets in the path of the beam?


38 posted on 05/13/2019 2:24:22 AM PDT by Libloather (Global warming is AWESOME!)
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To: vette6387

You must not remember Global Crossing. They always get away with it.


39 posted on 05/13/2019 2:43:46 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: bitt

The coincidences never stop.


40 posted on 05/13/2019 2:58:31 AM PDT by jazminerose (Adorable DeplorablCNN)
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