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Friday, September 30, 2011

Crony Capitalism: $737 Million Green Jobs Loan Given to Nancy Pelosi's Brother-In-Law

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.

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5 comments:

Anonymous said...

How criminal is that? Where is the FBI when you need them?

Anonymous said...

Haliburton anyone?

Anonymous said...

I will never understand how people in this country are easily led by the media.Nancy Pelosi is a multi-millionaire but people think she looks out for the poor.She is as greedy as the rest of the rich!

Anonymous said...

no surprise here. i'm sure there's much more. we need to keep peeling these onions. the rot at the whitehouse and the congress is overwhelming.

Anonymous said...

The corruption in our government has become just as "in-your-face" as it is in Mexico and other banana republics. They don't even make a serious effort to hide it anymore. The sad part is that the idiot liberals in San Francisco will vote her right back in office.