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ICYMI – Obama to hand out $4B In Energy Loans; Remember Solyndra?

The criminal Obama administration is getting ready to line more pockets of their friends and supporters with an additional $4 billion of taxpayer money.

It has been shown that Obama and his cronies are criminals who cannot be trusted with taxpayer money. This was easy to see after 80% of the $20.5 billion Obama gave out last time went to his top campaign donors and friends.

Every time Obama hands out money, it never goes to who or what it was intended, and always gets diverted to Obama supporters and friends.

Businesses, like Solyndra, that have been given $ billions of taxpayer money always seem to mysteriously and conveniently go bankrupt soon after receiving taxpayer money, leaving the Obama supporters who own the companies free and clear with boatloads of our money.

DO some research on the companies listed below, which Obama has handed out taxpayer money to and you will find that most, if not all of them, have connections to Obama, and have conveniently used those connections to steal $ Billions of taxpayer money.

The complete list of failing or bankrupt green-energy companies: (*Denotes companies that have filed for bankruptcy)

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)

Now Obama wants to hand out another $4 billion of taxpayer money? Not so fast Obama, you criminal! You couldn’t pick a winner if you had a time machine.


Last Wednesday, the U.S. Energy Department announced it will begin doling out $4 billion in taxpayer-funded loan aid to renewable energy companies.  “We’re back in business,” Peter Davidson, executive director of the department’s loan programs office, told Reuters. “We really want to go back to … doing very valuable work for our economy going forward.”  Obama’s controversial DOE green energy loan program sparked a firestorm when Government Accountability Institute (GAI) President Peter Schweizer revealed that 80% of all $20.5 billion in DOE loans were given to Obama’s top campaign donors.

The American People need to stand up to the criminal Obama administration and stop the rampant corruption that is flushing our nation’s treasure right down the toilet.

About Wayne Dupree

My name is Wayne Dupree or as most of you know me by, Newsninja2012. I am and have been committed to exposing the Democrats in a way that has been frowned upon by some conservatives and cheered by many more.

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