Pelosi’s Klan Gets $737 Million DOE Loan

[DontBeStupid]

Here we go again. No one seems to care these are loan guarantees and not loans.

Sorry, continue crying.

 

[Uncensored2008]

The House needs to file ethics charges against Pelosi. This is pure corruption.

The House needs to impeach Barack Obama. This IS pure corruption.

Quid pro quo.

 

[SFC Ollie]

Here we go again. No one seems to care these are loan guarantees and not loans.

Sorry, continue crying.

That's true, they become grants when the companies default on them, Don't be so stupid.....

 

[Uncensored2008]

Here we go again. No one seems to care these are loan guarantees and not loans.

Sorry, continue crying.

So we didn't loose a dime on Obama campaign supporters, Solyndra?

Obama 2012: Of course he's a crook, he's from Chicago....

 

[DontBeStupid]

Here we go again. No one seems to care these are loan guarantees and not loans.

Sorry, continue crying.

That's true, they become grants when the companies default on them, Don't be so stupid.....

You can predict the future now?

 

[Remodeling Maidiac]

This is absolutely disgusting. Obama should be Bernie's cellmate.

 

[DontBeStupid]

This is absolutely disgusting. Obama should be Bernie's cellmate.

Why? Because you think it's illegal for the government to guarantee a loan?

 

[Uncensored2008]

You can predict the future now?

I predict that if you hit your finger as hard as you can with a hammer, it's going to hurt.

I predict that Obama and Pelosi raiding the public treasury to give three-quarters of a billion dollars to her brother-in-law is 100% about corruption, and will yield zero productive results.

It ain't that hard, stupid.

 

[Uncensored2008]

Why? Because you think it's illegal for the government to guarantee a loan?

Quid pro quo.

Obama is a crook, Impeach the fucker.

 

[Meister]

Did he do anything illegal?

Doesn't have to be illegal, look up the term "conflict of interest".

 

[Remodeling Maidiac]

This is absolutely disgusting. Obama should be Bernie's cellmate.

Why? Because you think it's illegal for the government to guarantee a loan?

Just a few months ago Obama said he couldn't guarantee seniors their ss checks (even though its their money) and now he keeps giving millions to friends of friends and you don't see a problem?

Idiot

 

[WillowTree]

Don'tBeStupid is very stupid. I don't know how a dmonRat even holds their heads up these days.














just fucking over the taxpayer every chance they get.

 

[Meister]

This is absolutely disgusting. Obama should be Bernie's cellmate.

Why? Because you think it's illegal for the government to guarantee a loan?

There shouldn't have been a loan or a guarantee to a loan in the first place.

 

[Meister]

This is absolutely disgusting. Obama should be Bernie's cellmate.

Why? Because you think it's illegal for the government to guarantee a loan?

FYI....from Business Ethics:

"We can define a conflict of interest as a situation in which a person has a private or personal interest sufficient to appear to influence the objective exercise of his or her official duties as, say, a public official, an employee, or a professional."

Conflict of Interest (definition)

 

[Meister]

Hello???????

 

[GHook93]

Let me get this straight Solydra was a $500 millionb buster! Where there was obvious corruption and political misdeeds, otherwise the board members wouldn't have plead the 5th! Where is attorney general Holder on this one! But I digress.

Losing $500 mil wasn't enough! They need up up the anty to $1 Bil and give it to Pelosi's brother of all people!

My prediction: This project never gets off the ground and the $1 bil will vanish into the night!

 

[earlycuyler]

reading this makes it appear to me they are going for broke. talk about ballsy, the same firms from the Solyndra debacle too?

Alas...in every age when the light of the cause begins begins to wane, they fill their pockets and head for the door, approving anything and taking anything they can in that last gasp, what difference can it make when Armageddon beckons?


11:00 AM, Sep 29, 2011 • By MARK HEMINGWAY

Despite the growing Solyndra scandal, yesterday the Department of Energy approved $1 billion in new loans to green energy companies -- including a $737 million loan guarantee to a company known as SolarReserve:

SolarReserve LLC, a closely held renewable energy developer, received a $737 million U.S. Energy Department loan guarantee to build a solar-thermal project in Nevada.

The 110-megawatt Crescent Dunes project, near Tonopah, Nevada, will use the sun’s heat to create steam that drives a turbine, the agency said today in a e-mailed statement.

SolarReserve is based in Santa Monica, California.

On SolarReserve's website is a list of "investment partners," including the "PCG Clean Energy & Technology Fund (East) LLC." As blogger American Glob quickly discovered, PCG's number two is none other than "Ronald Pelosi, a San Francisco political insider and financial industry polymath who happens to be the brother-in-law of Nancy Pelosi, the Minority Leader of the United States House of Representatives."

But wait... there's more! One of SolarReserve's other investment partners is Argonaut Private Equity:

Steve Mitchell and Argonaut Private Equity might have a chance to recoup some of their losses in the Solyndra debacle now that the Department of Energy has given a $737 million dollar loan guarantee to a company backed by Argonaut that also lists Mitchell among its board of directors.

Mitchell served on the Solyndra LLC Board of Directors. He also serves as Managing Director for Argonaut Private Equity, a company that invested in Solyndra through the LLCs parent company.

snip-


and...thats not all!! Order right now and, a presidential fly in !!!!!


continued;

And for good measure, it's also noteworthy that Obama is about to hold a big money fundraiser at the home of Tom Carnahan in St. Louis:

Carnahan, a member of the prominent Missouri Democratic family, has been tapped by the Obama campaign as its chief Missouri fundraiser. He is chairman of the board of Wind Capital Group, a wind energy company that makes it corporate headquarters in St. Louis. He formerly was president and CEO of the company.

Last year, Wind Capital's Lost Creek Farm facility in northwest Missouri received a $107 million tax credit from the Treasury Department, among many such wind operations receiving support from from stimulus funds.

Tom Carnahan is the son of former Missouri governor Mel Carnahan and former U.S. senator Jean Carnahan. He's also the brother of current Missouri secretary of state, Robin Carnahan.

more at
Crony Capitalism: $737 Million Green Jobs Loan Given to Nancy Pelosi's Brother-In-Law | The Weekly Standard

wonder what will become of that there.

 

[DontBeStupid]

You can predict the future now?

I predict that if you hit your finger as hard as you can with a hammer, it's going to hurt.

I predict that Obama and Pelosi raiding the public treasury to give three-quarters of a billion dollars to her brother-in-law is 100% about corruption, and will yield zero productive results.

It ain't that hard, stupid.

heh heh You call me stupid yet you're the one who thinks the Federal Government has given money to these companies.

That's funny.

 

[DontBeStupid]

This is absolutely disgusting. Obama should be Bernie's cellmate.

Why? Because you think it's illegal for the government to guarantee a loan?

There shouldn't have been a loan or a guarantee to a loan in the first place.

Why? Because if a family member is in any way involved these shouldn't be allowed?

 

[Meister]

Why? Because you think it's illegal for the government to guarantee a loan?

There shouldn't have been a loan or a guarantee to a loan in the first place.

Why? Because if a family member is in any way involved these shouldn't be allowed?

YES because a family member WAS involved, please ignore this again for all of us, hack!!!
FYI....from Business Ethics:

"We can define a conflict of interest as a situation in which a person has a private or personal interest sufficient to appear to influence the objective exercise of his or her official duties as, say, a public official, an employee, or a professional."

Conflict of Interest (definition)[/QUOTE]