By now you have heard of the Solyndra fiasco and the involvement of Obama donors which cost the taxpayers over $500 million. We are still learning the connections between the White House and the cronies who got these loans, which by the way, were big Obama donors. You would think this would have stopped this nonsense, but not in this arrogant administration.
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Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev., and a $337 million guarantee for Mesquite Solar 1 to develop a 150 megawatt solar plant near Phoenix.
Yes, the same administration is giving out over a billion taxpayers dollars in loans to two other solar companies. Digging a little deeper we find out one of the investors is Pelosi’s brother-n-law, and the Chief Executive for one of the solar companies is another huge Obama/democrat donor.
