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Keyword: insanearrogance

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  • Obama admin approves 2 solar loans worth $1B (Obama blows $1 billion more taxpayer's money)

    09/28/2011 3:09:13 PM PDT · by tobyhill · 44 replies
    google ^ | 9/28/2011 | By MATTHEW DALY
    The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration's green energy program. Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev., and a $337 million guarantee for Mesquite Solar 1 to develop a 150 megawatt solar plant near Phoenix. The loans were approved under...
  • Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan

    09/28/2011 2:26:47 PM PDT · by opentalk · 22 replies
    Gateway Pundit ^ | September 28, 2011 | Jim Hoft
    It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partner with SolarReserve. Nancy Pelosi’s brother-in-law happens to be the number two man at PCG.Team Obama is spending $737 million to create 45 permanent jobs. The Hill reported, via Free Republic: The Energy Department announced Wednesday that is has finalized a $737 million loan guarantee for a Nevada solar project. The decision comes several weeks after a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009 filed...