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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (133318)5/22/2012 9:02:56 AM
From: TideGlider4 Recommendations  Read Replies (1) | Respond to of 224718
 
Oh? I didn't get to vote on Solyndra!



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 9:07:57 AM
From: Follies4 Recommendations  Read Replies (1) | Respond to of 224718
 
>>>whereas the bets of the Government are made openly and subject to public criticism when they are made.

Right, I remember all that open discussion PRIOR to our investment in Solyendra. What BS Ken.



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 9:17:58 AM
From: longnshort4 Recommendations  Respond to of 224718
 
Obama bundler’s husband has received more than a billion in DOE solar loans

BY: Patrick Howley - May 22, 2012 5:00 am
New disclosures show that one of President Obama’s bundlers is the wife of an executive at an energy company that received a more-than-$1.2 billion Department of Energy (DOE) loan guarantee for a solar power plant.

Arvia Few is a bundler for the Obama re-election campaign who has promised to raise between $50,000 and $100,000. She began bundling for Obama in the first quarter of 2012. Her husband, Jason Few, is an executive at a company that has benefited handsomely from the Obama administration’s clean energy spending, records show.

The U.S. Department of Energy granted NRG Solar a $1.237-billion loan in September 2011 to help build NRG’s California Valley Solar Ranch, which is described as “a 250 MW alternating current PV solar generating facility” by the U.S. Department of Energy.

Few became senior vice president of Houston-based Reliant Energy in 2008. He was named President of Reliant in May 2009 when NRG Energy acquired Reliant for $287.5 million. He currently serves as executive vice president and chief customer officer of NRG Energy.

“This investment and its outcome represent a pattern in which the Obama Department of Energy took promises of technological development with an undue amount of credence,” says energy expert Kenneth P. Green, a resident scholar at the American Enterprise Institute.

“On any given day, there are hucksters who say they can power the world. Unfortunately, there was also an administration that wanted to believe their claims,” Green said. “One has to assume that the administration was more likely to believe the people it knew.”

Other financial interests tied to the Obama administration have also invested in NRG Solar.

Warren Buffett’s MidAmerican Energy holds a stake in another NRG project that received a $967 million Department of Energy loan guarantee.

DOE announced a $967 million loan guarantee to NRG in August 2011 for its $1.8 billion Agua Caliente Solar Project. Agua Caliente will be one of the largest photovoltaic plants in the world upon its completion in 2014.

NRG acquired the Agua Caliente Solar Project from First Solar on August 5, 2011, as DOE announced the loan.

Buffett’s MidAmerican Energy bought a 49 percent stake in NRG’s Agua Caliente project in December 2011.

The multiple DOE loans did not stop NRG Energy from reporting a first-quarter 2012 loss of $206 million.

Even so, NRG has recently expanded its operations.

Since acquiring Reliant in May 2009, NRG Energy has also acquired the offshore wind development company Bluewater Wind, thermal energy company Northwind Phoenix, Texas-based South Trent Wind Farm, Green Mountain Energy Company, Texas-based Cottonwood Generating Station, and Energy Plus Holdings.

In November 2011, NRG Solar further expanded by acquiring the San Francisco-based developer Solar Power Partners.

“When you talk to a lot of people on the environmental left, there’s a deep desire to believe that wind and solar power can help us replace fossil fuels,” Green said. “It’s a naiveté that permeated the administration.”

Jason Few was named to TheGrio’s 100 list honoring “history-makers in the making” in February 2011 despite NRG’s multi-million dollar losses. Few was “turning a profit by greening Texas,” theGrio wrote. The article did not mention the Department of Energy loan program and its relationship with NRG Energy.

Jason Few and NRG Energy did no



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 10:07:04 AM
From: tonto6 Recommendations  Read Replies (1) | Respond to of 224718
 
We need to regulate government.



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 10:13:08 AM
From: tonto3 Recommendations  Respond to of 224718
 
Both criticisms occur after the bets are made.

Solyndra was idiotic. We have all read the warnings beforehand and we know that the Obama administration ignored the warnings and recklessly pushed it through and the expected result of losing our money is the result. It was pure arrogance and political pay back.



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 10:38:22 AM
From: sm1th6 Recommendations  Read Replies (1) | Respond to of 224718
 
The bets of the bank are made secretly by a single individual
The "bets" of the bank are made with private, shareholders money. The bets of govt are made with taxpayer money. Are you too stupid to see the difference?



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 10:41:30 AM
From: locogringo4 Recommendations  Respond to of 224718
 
Anti-Hispanic RACISTS (as you are) lose again:

POLL: 40% Now Say Trayvon Martin Shot in Self-Defense; 24% Say It Was Murder...

Forty percent (40%) now think George Zimmerman, who has been charged with second degree murder in the Martin shooting, acted in self-defense. That’s up 25 points from 15% in March and up 16 points from 24% last month.



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 1:19:19 PM
From: Ann Corrigan3 Recommendations  Read Replies (1) | Respond to of 224718
 
Obama's dominating government doesn't listen to citizens criticism - if they did, we would not now be burdened with the ObamaCare mess. They're reaction to their policy failures is to double down with exactly same wrong-headed theories. The definition of insanity is very similar to their incorrigible modus operandi.



To: Kenneth E. Phillipps who wrote (133318)5/22/2012 1:28:00 PM
From: lorne5 Recommendations  Read Replies (1) | Respond to of 224718
 
kenny...." the bets of the Government are made openly and subject to public criticism when they are made"....

Yaa, mmm, that would be like obamacare, open to public criticism. Ya right, like nancy the commie said just pass it into law so you can see whats in it..

How can anyone even if they are totally brain dead say the outrageous crap you say.....no shame = democrat.