Another Obama Green Energy Company Files for Bankruptcy After Receiving $43 Million Government Loan

Yet another one of the companies that Obama’s Energy Department gave $43 million in government-backed loans has filed for bankruptcy, sticking the American taxpayer with the bill.

Just as we have seen with Solyndra, Sun Power, and others, the Obama administration doesn’t worry about how much of our money is being wasted. They only care about how much money and support their wasteful and criminal spending will return to their re-election campaign.

The Obama administration’s inability to not waste money is becoming more than a problem, and we need to do everything in our power to stop the wasteful and most likely criminal abuse and waste of our tax dollars.…

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Obama’s New $1.2 Billion SunPower Loan Scandal – Twice As Big As Solyndra

Obama's New $1.2 Billion SunPower Loan Scandal - Twice as big as Solyndra

Obama's New $1.2 Billion SunPower Loan Scandal - Twice as big as Solyndra

The Obama administration gave another obviously failing California solar company $1.2 billion in federal loan guarantees, even though the company had only weeks earlier announced that they would be building a new manufacturing plant in Mexicali, Mexico to manufacturer the solar panels.

So much for American jobs, as well as so much for the billions of our tax dollars the Obama administration flushed down the toilet, as payouts to their friends and supporters.

The Obama administration – Corruption and Crony Capitalism at it’s finest.

How did a failing California solar company, buffeted by short sellers and shareholder



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Obama’s Energy Department Ignored Treasury Warning on Legality of Solyndra Loan Restructuring

Obama Emanuel Chicagoland Solyndra Loan Restructuring Scandal

Obama Emanuel Chicagoland Solyndra Loan Restructuring Scandal

Before the Obama administration Energy Dept illegally restructured the Solyndra loan, to assure that Obama’s friends and supporters would be paid back BEFORE the U.S. Taxpayer, they were warned by Mary Miller, the assistant Treasury secretary, that doing so could be illegal, and urged Obama’s Energy Department to consult with the Justice Department before restructuring the Solyndra loan.

Obama and his Energy Department think that they are above the law though, and followed through with the restructuring anyway, without clearing the with the Justice Department.

We hope more info continues to come out, so that we can get to the bottom of how …

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Crony Capitalism: Obama Fundraiser Pushed Administration for Solyndra Deal – And Won

Steven J. Spinner, a high-tech consultant and energy investor who raised at least $500,000 for Obama, pushed the Department of Energy to grant the $500 million loan to now bankrupt Solyndra.

Why is Obama and the Democrat party bowing down to their fundraisers at every opportunity?

Could it be because they know the Democrats are going to be in a world of hurt afte the 2012 elections, and want to keep the corrupt money flowing to their party? We think so.

An elite Obama fundraiser hired to help oversee the administration’s energy loan program pushed and prodded career Department of Energy officials to move faster in approving a loan guarantee



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