Sep 30, 2011

Crony Chicago Politics

So there's a growing scandal with what actually went wrong with Solyndra. Mr. Obama put it on the pedistal for his green jobs inititive and gave them, I don't know, a half a billion dollars, and shortly after - the FBI raided it. Who sent them? Why? What'd they find? Oh, who cares? No one does investigative reporting anymore.

Despite all that, just yesterday the Department of Energy approved $1 billion in new loans to green energy companies -- including a $737 million loan guarantee to a company known as SolarReserve.

SolarReserve LLC, a closely held renewable energy developer, received a $737 million U.S. Energy Department loan guarantee to build a solar-thermal project in Nevada.

The 110-megawatt Crescent Dunes project, near Tonopah, Nevada, will use the sun’s heat to create steam that drives a turbine, the agency said today in a e-mailed statement. SolarReserve is based in Santa Monica, California.

Oh, and, just a funny little coincidence - but the place is owned by Nancy Pelosi's brother-in-law. I know there's a growing movement to occupy Wall Street - but, come on gang! This is Chicago Politics on the National Stage. When are folks going to wake up and see this?

And as far as my friends in Liberty Park - If you think Congress is going to start-up some trials to put their fraternity brothers in jail, you need to put down the pipe for a minute and think about occupying the Imagination Playground four blocks east.

Start with Congress. Make them accountable.

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