Tag Archive | Loan Guarantee

Must-Read From ABC: ‘Green Firms Get Fed Cash, Give Execs Bonuses, Fail’

ABC News has a must-read story today on the results of the Obama administration’s green energy financing program, titled, “Green Firms Get Fed Cash, Give Execs Bonuses, Fail.”   ABC reports, “President Obama’s Department of Energy helped finance several green energy companies that later fell into bankruptcy — but not before the firms doled out […]

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Posted in Senate News Briefing0 Comments

Wash. Post: “Solyndra Violated Loan Terms But Got More Fed. Money, DOE confirms”; But DOE Still Giving Even More Taxpayer Money To Solar Projects

The amazing stories about failed solar panel manufacturer Solyndra and the loan program through which the Obama administration granted the company a $535 million loan guarantee with taxpayer money continue unabated this week.   The Washington Post reported last night, “The U.S. Department of Energy learned in December that Solyndra was violating its federal loan […]

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Posted in Senate News Briefing1 Comment

More WH Emails Reveal Solyndra Warning Signs Ignored; McConnell: “And They Want Another Stimulus?”

Even more troubling revelations about the Obama administration’s loan of $535 million in stimulus money to bankrupt solar panel maker Solyndra are being reported today.   The Washington Post reports, “A White House official fretted privately that the Obama administration could suffer serious political damage if it gave additional taxpayer support to the beleaguered solar-panel […]

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Posted in Senate News Briefing0 Comments

Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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