The Federal Financing Bank (FFB) has released its
August report . This is the bank that has provided the $500mm to Solyndra. Under normal conditions this monthly report would go unnoticed (except by folks like me). This time might be different. I would expect that a few Republicans are going to jump all over this. They should. The FFB is continuing to lend taxpayer money with virtually no oversight.
From the report:
Net holdings of government-guaranteed loans increased by $757.4 million.
Another ¾ of a billion out the door. W
ho got this money? Answer: The same characters that have gotten the "Free Money" since O/Timmy G. took control. The breakdown of the DOE advances and the pricing:
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2 comments:
And just who is the federal rederve bank to "watch" the blogs? Is a private entity now having the services of our federal law enforcement availed to it in order to carry out some special agenda?
This is what the republicans want to cut out of the budget to pay for FEMA.
This is the government paying for companies to make things nobody wants.
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