OBAMA SCANDAL: 11 More Solyndras in Obama Energy Program
Posted by FactReal on January 17, 2012
|Real Clear Politics reports:|
|CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES’ subsidiary Eastern Energy and Solyndra.
According to CBS News, Beacon Power, a “green energy storage company,” recieved [sic] $43 million from the government.
|The Right Scoop explains the gist of the scandal:|
|Obama is simply pouring our tax dollars down the ‘clean energy’ crap hole with no regard for whether it is a good investment or not…They only thing missing in this story is how these clean energy CEOs are politically connected to the Obama administration. Just like Solyndra, this smells a lot like political payback and why this isn’t running 24/7…|