DOE to Pour Another $32 Million into Floundering Solar Industry

[Stephanie]

This administration has RAPED us for trillions of dollars they somehow think it's their own little piggy bank. while we little people are struggling just get by

SNIP:
In August 2011, Barack Obama’s gleaming example of green technology – Solyndra – filed for bankruptcy. The solar panel manufacturer squandered $535 million of stimulus money in a little over a year.

Why Solyndra?

Top Obama bundler George Kaiser made multiple visits to the White House in the months before the company was granted a $535 million loan from the government.

And top Solyndra officials also made numerous visits 20 to the White House, according to logs and reporting by The Daily Caller. Solyndra officials in the logs included chairman and founder Christian Gronet and board members Thomas Baruch and David Prend. The company secured the $535 million loan despite the fact that it was widely known Solyndra was in deep economic trouble and had negative cash flows since its inception.

Kaiser said he did not use political influence or talk to administration officials about a massive government loan to Solyndra. However, the Solyndra investor made multiple visits to the White House in the week before the Department of Energy approved a $535 million guaranteed loan to Solyndra on March 20, 2009

(Solyndra)

But, Barack Obama had no regrets.

In fact the Obama Department of Industry sunk another $32 million into the contentious solar industry recently.
Watchdog.org reported:

The Department of Energy has doled out another $32 million to support the solar industry, a sector fraught with technology challenges and scandal – and nevertheless propped up with billions of taxpayer dollars during the Obama Administration. This latest funding is dedicated to training a workforce of solar technicians, developing new technology and implementing a database to share performance data, the DOE announced in a press release last week. The training goal is 75,000 workers by 2020 and an undisclosed amount of “other professionals” in other fields such as real estate, finance, insurance and fire and safety. What the release didn’t say was that the Obama Administration has spent $150 billion on green initiatives between 2009 and 2014, yet the industry cannot survive without government giveaways, a Brookings Institution study found.

ALL of it here:
DOE to Pour Another 32 Million into Floundering Solar Industry - The Gateway Pundit

 

[Pete7469]

Look at the bright side...

Some democrook donors are going to get richer.

 

[The VOR]

This administration has RAPED us for trillions of dollars they somehow think it's their own little piggy bank. while we little people are struggling just get by

SNIP:
In August 2011, Barack Obama’s gleaming example of green technology – Solyndra – filed for bankruptcy. The solar panel manufacturer squandered $535 million of stimulus money in a little over a year.

Why Solyndra?

Top Obama bundler George Kaiser made multiple visits to the White House in the months before the company was granted a $535 million loan from the government.

And top Solyndra officials also made numerous visits 20 to the White House, according to logs and reporting by The Daily Caller. Solyndra officials in the logs included chairman and founder Christian Gronet and board members Thomas Baruch and David Prend. The company secured the $535 million loan despite the fact that it was widely known Solyndra was in deep economic trouble and had negative cash flows since its inception.

Kaiser said he did not use political influence or talk to administration officials about a massive government loan to Solyndra. However, the Solyndra investor made multiple visits to the White House in the week before the Department of Energy approved a $535 million guaranteed loan to Solyndra on March 20, 2009

(Solyndra)

But, Barack Obama had no regrets.

In fact the Obama Department of Industry sunk another $32 million into the contentious solar industry recently.
Watchdog.org reported:

The Department of Energy has doled out another $32 million to support the solar industry, a sector fraught with technology challenges and scandal – and nevertheless propped up with billions of taxpayer dollars during the Obama Administration. This latest funding is dedicated to training a workforce of solar technicians, developing new technology and implementing a database to share performance data, the DOE announced in a press release last week. The training goal is 75,000 workers by 2020 and an undisclosed amount of “other professionals” in other fields such as real estate, finance, insurance and fire and safety. What the release didn’t say was that the Obama Administration has spent $150 billion on green initiatives between 2009 and 2014, yet the industry cannot survive without government giveaways, a Brookings Institution study found.

ALL of it here:
DOE to Pour Another 32 Million into Floundering Solar Industry - The Gateway Pundit

The ADMINISTRATION hasn't RAPED you of ANYTHING! You have been SUCKING on the GOVERNMENT'S TIT your whole life. That's why you, "struggle just get by".

Aw Gawd. WAKE UP PEOPLE all this he do!

 

[rightwinger]

Drill baby, drill

 

[Mr Natural]

If we can afford to piss away billions on failed military escapades like the Iraq Fiasco, we can certainly afford a few million on research for something useful.

 

[Luddly Neddite]

And yet, StoopidStuff is okay with tax subsidies of $10 million every single minute being paid to the fossil fuels industry.

 

[rightwinger]

Republicans wasted $26 billion in their failed Government shutdown but then bitch about a meager $32 million for alternative energy