Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: d[-_-]b who wrote (762349)	1/8/2014 6:09:13 PM
From: Alex MG	Read Replies (1) of 1573877

Solyndra loan program dates back to 2005, started under the incompetent one you morons worshiped... the brush clearer in charge politifact.com Program dates back to 2005 The Energy Department's loan guarantee program was created as part of the Energy Policy Act of 2005, passed by a Republican-controlled Congress and signed by Bush. In his signing speech, Bush lauded the bill's support for clean technology, though he didn't specifically mention the loan guarantees. The loan guarantees were designed to "support innovative clean energy technologies that are typically unable to obtain conventional private financing due to high technology risks." Republicans, including Bush, emphasized the program's benefits for nuclear energy and biofuels. The president touted the new energy law in his 2007 State of the Union address. His energy secretary, Samuel Bodman, regularly mentioned the loan guarantees in speeches on renewable energy. The Energy Department issued its final rules for the program in 2007, along with a list of 16 companies that made the cut for to apply for its first round of awards, and Solyndra was among them. The Bush administration promoted the loan guarantee program, and Bush himself touted it on his way out of office. There's also evidence his administration specifically prioritized Solyndra's project. politifact.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next