Monday, October 10, 2011

I'm Joining The Occupiers

The DOE loan guarantee program was supposed to help fledgling new green energy companies get started.We got the Solyndra illegal loan refinance mess. Then, just before authorization ran out a company named First Solar recieved 646 million for a project called Antelope Valley and 1.46 billion for a project called Desert Sunlight the first of these projects was sold to Exelon and the second to Obama's bosom buddy Jeffrey Immalt's G E. Two companies that could have self financed these projects. Another 1.24 billion went to something called Sunpower which was immediately sold to NRG. This all may be legal but what in hell is the federal government doing guaranteeing loans for the likes of GE , Exelon, and NRG.


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