Barack Obama approves a $700 million loan to a solar company with ties to Nancy Pelosi’s family
Because the $500 million loan guarantee to Solyndra using taxpayer stimulus money which Barack Obama fast tracked for political reasons worked so well the Obama regime has decided to try it once again.
The Obama regime has finalized a loan guarantee of over $700 million to yet another solar company–Tonopah Solar–but in a stunning and unbelievable coincidence, the number two man in this company just happens to be none other than the brother-in-law of Nancy Pelosi. I am sure that this revelation had nothing to do with the Obama regime’s decision to fund yet another company which would not be viable without government assistance…..yeah, right!
What else needs to be said here? Barack Obama fast tracked the Solyndra loan in spite of the warnings that the company was insolvent simply because he wanted to provide Joe Biden with a nice little backdrop to unveil the regime’s new “green energy” initiative. When the company failed the taxpayers were left on the hook because the regime reworked the loan to prioritize a private investor–who just happened to be a major Democrat contributor–over the taxpayers who funded this fiasco and now the regime is in the process of doing it again, only this time instead of helping a major contributor to the Democrat party Barack Obama is trying to help out a family member of one of the most visible members of the Democrat party.
If this does not reek of the very type of crony capitalism that Barack Obama ran against in 2008 I do not know what does.
America's Watchtower 
When will we be rid of this corrupt Administration? The damage that has been dealt will take probably years to correct.
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Hopefully it will be in 2012, I can’t imagine going through another four years of this.
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How is that for IN YOUR FACE America?. I, Barack Obama, do what I want, when I want, because I want. He either believes that in spite of everything, the Hispanic and blacks are going to carry him to victory in 2012, or he knows this is all he has and he is going to do all the harm he can before he leaves.
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I think you are right on the money. He probably knows he is doomed in 2012 and ia trying to “take care” of everyone he can before we kick him out next year.
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What did we expect? Does any of this suprise you? Robert, I don’t know if we can ever repair it all. The problem is, there are feelers all over the place digging into place we don’t even know about with his programs. How do you find all of them? C on F, I think he still feels that someone somewhere will cover for him, don’t you? After all, he is a democrat, he is black (half) and what did Joe call him,,,,,oh ya, clean and articulate! All of that has to count for something, right? If he is not voted out or if he doesn’t bow out, I think we are going to see something in this country that has not happened in a long time. People are afraid for their kids and grandkids and that is a dangerouns emotion that this administration is playing with. I am not sure if they are smart enough to NOT go there. Guess we will see. It also doesn’t suprise me that N. Pelosi has her hand in it, she is very much at fault for allowing him to be on the ballots in the first place, isn’t she? there is alot of blame to go around and it is not only in the democratic party.
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Ii really isn’t surprising, I just hope that the American people are waking up and are going to say enough is enough next November.
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My question is, where did this money come from? Where does Obama get the authority to dole it out as he sees fit?
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I was kond of wondering that myself.
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I wonder what happened to the transparency and openness we were promised? Did we really need this “Change”!
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And wasn’t it Nancy Pelosi who promised to “drain the swamp” in the first place? What a bunch of frauds!
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This just never ends with this administration. They are either the dumbest administration ever or they just don’t care…or maybe both.
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I think it is both and it is pretty sickening to watch this play out.
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Would you expect anything less? Pelosi comes from an old Maryland political family, products of the corrupt Baltimore Democrat’s party machine. Her husband Paul comes from a very well connected San Francisco family. His father and brother were so crooked they were prohibited from doing any business in San Francisco City or County during the 1960s, having been involved in bribery and bid rigging.
In 2005 the San Francisco Chronicle exposed the Pelosi’s ownership of a vineyard in St. Helena. They use non-union labor to pick grapes for their wine which sells for over $100 dollars per bottle in high end restaurants.
With that said when you take the product of the corrupt Chicago Democrat’s party machine and another the product of a corrupt Baltimore Democrat party machine you have the makings of a ‘perfect storm’ of corruption.
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A “perfect storm”
I think that sums up this “arrangement” rather nicely, the fix was in and no I am not surprised by this.
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I just heard on one of the talkies, that there is someone from Enron in on the deal. I didn’t catch it all, but no big surprise now is there. Still not a peep from the NY times.
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I am sure it will be front page in the NYT on Sunday. Yeah right! I didn’t hear about the Enron connection, that makes it a little more interesting, doesn’t it?
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Payback for Nancy Pelosi signing certificates of nomination saying that Obama is Constitutionally eligible to be President? You doubt she was involved in his eligibilty issue? Read all about it by doing a google search.
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Regina, anyone that had their eyes open knew that she was involved. It is those that just go in and “pull the lever” as they are told that would never believe it. Some of us actually use our brain, others have mush. Guess it is easier than thinking for yourself, right? So, in answer to your question, “no, I don’t doubt what you just said”.
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I believe it as well!
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