Vulture Capitalism? Try Obama's Version

Competing with China and the EU on alt energy is called INTELLIGENCE. Pubs are bought off by Big Oil and coal- UNSAFELY too is how they get and use it. Idiocy is what Pub Policy is...

Bottom line is that you don't throw good tax payer money down a rat hole that just happens to be a political ally financially.
 
Cartoon-Spotless-Record-600.jpg
 
2 of 38 major Alt. Energy projects went bankrupt, Solyndra - it looks like Chinese dumping solar panels caused that- now Dems going after them.

Feg GD dupes and their brainwashed BS- Thanks for the GD DEPRESSION, a-holes.

you're drunker than hell...:lol: 2? :eusa_shhh:
 
#23-That's right, dupe.

Romney's a Booosh clone..."I know, let's cut taxes on the rich, desroy Medicare, raise military spending, and work on the debt- starting in 2036"! You dupes are total fools for BS..........................:cuckoo::eusa_liar::cuckoo::eusa_whistle::lol::lol:
 
Last edited:

A fact for you to consider, Lakhota, Bush shelved Solyndra because of the financial instability of the company. :eusa_whistle:

Strangely, he didn't want to invest in ANY alt. energy, the bought off Big Oil shyttehead. And thanks for letting Haliburton get away with murder- see worst oil spill EVER...a total catastrophe, despite Pub doubletalk and lies....:eusa_liar::eusa_liar::eusa_whistle:
 

A fact for you to consider, Lakhota, Bush shelved Solyndra because of the financial instability of the company. :eusa_whistle:

Strangely, he didn't want to invest in ANY alt. energy, the bought off Big Oil shyttehead. And thanks for letting Haliburton get away with murder- see worst oil spill EVER...a total catastrophe, despite Pub doubletalk and lies....:eusa_liar::eusa_liar::eusa_whistle:

Haliburton is a unique company that several presidents have used with no bid contracts.
They are already in several countries, and are truely shovel ready for the job.
It cuts down on all the red tape of bids and congressional hearings on jobs that need to be shovel ready. Don't let those facts bitch slap you in the face, Frank
 

A fact for you to consider, Lakhota, Bush shelved Solyndra because of the financial instability of the company. :eusa_whistle:

Strangely, he didn't want to invest in ANY alt. energy, the bought off Big Oil shyttehead. And thanks for letting Haliburton get away with murder- see worst oil spill EVER...a total catastrophe, despite Pub doubletalk and lies....:eusa_liar::eusa_liar::eusa_whistle:

He wanted private enterprise to invest and develop it, as it should be, and what private enterprise is doing.
 
Program dates back to 2005

The Energy Department's loan guarantee program was created as part of the Energy Policy Act of 2005, passed by a Republican-controlled Congress and signed by Bush.

In his signing speech, Bush lauded the bill's support for clean technology, though he didn't specifically mention the loan guarantees.

The loan guarantees were designed to "support innovative clean energy technologies that are typically unable to obtain conventional private financing due to high technology risks."

Republicans, including Bush, emphasized the program's benefits for nuclear energy and biofuels. The president touted the new energy law in his 2007 State of the Union address. His energy secretary, Samuel Bodman, regularly mentioned the loan guarantees in speeches on renewable energy. The Energy Department issued its final rules for the program in 2007, along with a list of 16 companies that made the cut for to apply for its first round of awards, and Solyndra was among them.

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

More: PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so
 
Program dates back to 2005

The Energy Department's loan guarantee program was created as part of the Energy Policy Act of 2005, passed by a Republican-controlled Congress and signed by Bush.

In his signing speech, Bush lauded the bill's support for clean technology, though he didn't specifically mention the loan guarantees.

The loan guarantees were designed to "support innovative clean energy technologies that are typically unable to obtain conventional private financing due to high technology risks."

Republicans, including Bush, emphasized the program's benefits for nuclear energy and biofuels. The president touted the new energy law in his 2007 State of the Union address. His energy secretary, Samuel Bodman, regularly mentioned the loan guarantees in speeches on renewable energy. The Energy Department issued its final rules for the program in 2007, along with a list of 16 companies that made the cut for to apply for its first round of awards, and Solyndra was among them.

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

More: PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

Speaks volumes.
 
Program dates back to 2005

The Energy Department's loan guarantee program was created as part of the Energy Policy Act of 2005, passed by a Republican-controlled Congress and signed by Bush.

In his signing speech, Bush lauded the bill's support for clean technology, though he didn't specifically mention the loan guarantees.

The loan guarantees were designed to "support innovative clean energy technologies that are typically unable to obtain conventional private financing due to high technology risks."

Republicans, including Bush, emphasized the program's benefits for nuclear energy and biofuels. The president touted the new energy law in his 2007 State of the Union address. His energy secretary, Samuel Bodman, regularly mentioned the loan guarantees in speeches on renewable energy. The Energy Department issued its final rules for the program in 2007, along with a list of 16 companies that made the cut for to apply for its first round of awards, and Solyndra was among them.

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

More: PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

Did Bush stop the Solyndra loan process and Obama push it through??? YES!

At yesterday's Energy and Commerce Committee hearing, DOE loan chief Jonathan Silver argued that the Solyndra loan initiative was begun by the Bush administration. In fact, less than two weeks before Bush left office, the Energy Department's credit committee unanimously decided not to fund Solyndra. By the way, the Energy Department announced another $1.2 billion in solar-firm loans this week. It appears the only way to end this fraud on the taxpayers is to vote Obama out of office.

link

Badda-Bing Badda-Bang <eye-roll>
 

Forum List

Back
Top