Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $79,800
98%  
Woo hoo!! And we're now over 98%!! Thank you all very much!! God bless.

Keyword: biofarce

Brevity: Headers | « Text »
  • Worse than Madoff? USDA biofuels investment goes bust

    01/06/2012 10:02:01 AM PST · by opentalk · 8 replies
    Canada Freepress ^ | January 6, 2012 | Institute for Energy Research
    USDA-backed biofuels plant in Soperton, Georgia has lost taxpayers nearly $60 millionWASHINGTON D.C.—Upon reports Tuesday that a USDA-backed biofuels plant in Soperton, Georgia has lost taxpayers nearly $60 million, IER President Tom Pyleissued the following statement:“Apparently U.S. taxpayers have yet to discover life after Solyndra. Today’s announcement that a USDA-backed biofuels plant has been sold for pennies on the dollar—at a loss of nearly $60 million to U.S. taxpayers —further underscores the point that the federal government should not be in the venture capital business.The Bush administration secured the Range Fuels loan, and the Obama administration doubled down on the...