$737 Million Green Loan to Pelosi Kin Fuels Outrage

pelosiBy Martin Gould

GOP claims that the Obama administration’s green energy loan guarantee program is mired in cronyism grew on Friday after a company tied to Nancy Pelosi’s brother-in-law got the lion’s share of the final government hand-outs made before Friday’s end of the fiscal year.

The decision to guarantee $737 million comes hard on the heels of the loss of more than $500 million of government money due to the bankruptcy of solar panel company Solyndra.

The new grant went to Tonopah Solar Energy, a subsidiary of SolarReserve, which started building Crescent Dunes, a massive solar-thermal plant in the Nevada desert in early September.

Read the rest at Newsmax.

2 Responses to $737 Million Green Loan to Pelosi Kin Fuels Outrage

  1. NEIL F. AGWD/BSD October 9, 2011 at 8:40 am #

    After reading this story, I am reminded of one of the things that, long ago, made me start to question my political philosiphy. I was working at a catering place at Bandana Square in St Paul back in the mid 90’s. I was parked in the ramp on my lunch break surfing the radio channels and landed on 1500 KSTP, and Joe Sucheray was talking about how the education system has not improved with all the money spent on it. And it was true! With all the money thrown at the education system it had not improved, and in many cases it had gotten worse. This began a discord in my mind because as a Liberal I believed that the only way to solve problems was to throw gigantic amounts of money at them. I later found out the truth behind all the large sums of money thrown at problems like education, that it is basically a huge money laundering scam for the Democrat party. It goes like this; Democrats find a cause to bit*h about like education, or AGW/green energy, they call for massive spending on the “problem”. Then the money goes to the unions, as in the case of education, and a lot of the money flows back to the Democrat party through contributions from the unions. In the case of the green energy scam the money is basically given to people that have already contributed heavily to the Democrats.

    It’s all a scam, always has been a scam, and it’s time to put a stop to it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  2. Joe October 9, 2011 at 10:44 pm #

    I sense a time for change? I agree. Have seen too much over 50 years. Hasn’t changed for years. That said, voting has declined over the same time period. Is there a correlation? I sense there is. Am I wrong?

A project of Minnesota Majority, hosted and maintained by Minnesotans for Global Warming.