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Politics : Formerly About Advanced Micro Devices

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To: Don Hurst who wrote (657466)6/2/2012 4:25:58 PM
From: Brumar891 Recommendation  Read Replies (2) of 1572102
 
80% of green loans went to Obama donors - 19 companies bankrupt so far

http://blog.heritage.org/2011/11/14/report-80-of-doe-green-energy-loans-went-to-obama-backers/

For those who only hear about these failing companies one by one, the following is a list of all the clean energy companies supported by President Obama’s stimulus that are now failing or have filed for bankruptcy. The liberal media hopes you’ve forgotten about all of them except Solyndra, but we haven’t.

Evergreen Solar
SpectraWatt
Solyndra (received $535 million)
Beacon Power (received $43 million)
AES’ subsidiary Eastern Energy
Nevada Geothermal (received $98.5 million)
SunPower (received $1.5 billion)
First Solar (received $1.46 billion)
Babcock & Brown (an Australian company which received $178 million)
Ener1 (subsidiary EnerDel received $118.5 million)
Amonix (received 5.9 million)
The National Renewable Energy Lab
Fisker Automotive
Abound Solar (received $400 million)
Chevy Volt (taxpayers basically own GM)
Solar Trust of America
A123 Systems (received $279 million)
Willard & Kelsey Solar Group (received $6 million)
Johnson Controls (received $299 million)
Schneider Electric (received $86 million)

That’s 19 (that we know of so far). We also know that loans went to foreign clean energy companies (Fisker sent money to their overseas plant to develop an electric car), and that 80% of these loans went to President Obama’s campaign donors.


http://www.thegatewaypundit.com/2012/06/green-scam-80-of-green-energy-loans-went-to-obama-donors-19-companies-went-bust-video/
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