- Infowars - http://www.infowars.com -

Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan

Posted By kurtnimmo On September 30, 2011 @ 6:40 am In Old Infowars Posts Style,U.S. News | Comments Disabled

Jim Hoft
Gateway Pundit
September 30, 2011

It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partnerwith SolarReserve. Nancy Pelosi’s brother-in-law happens to be the number two man at PCG.

Team Obama is spending $737 million to create 45 permanent jobs.
The Hill reported, via Free Republic:

The Energy Department announced Wednesday that is has finalized a $737 million loan guarantee for a Nevada solar project.

The decision comes several weeks after a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009 filed for bankruptcy and laid off 1,100 workers, setting off a firestorm in Washington.

 

Read full article here

 


Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/crony-socialism-obama-gives-737-million-to-solar-firm-linked-to-the-pelosi-clan/

Copyright © 2013 Infowars. All rights reserved.