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October 3, 2011

Another Solyndra?

Topics: Political News and commentaries

Venture socialism 3.jpgWith news still coming out almost daily about the first one, get ready for the next failed experiment in energy-related venture socialism ... this one championed by Harry Reed. Solyndra lite?

And don't think for a moment that there's not more failed experiments in venture socialism to come ... a little-known bank at the Treasury Department, with little Congressional oversight -- is busy giving out billions of dollars more in loans to White House pet projects, often at dirt-cheap interest rates below 1%.

Obama Administration Rushes To Approve $1 Billion More In Loans for Solar Energy (Updated)
Obama crony company got special help on loan
The Solyndra Plot Thickens: Donor, Officials Warned White House Not to Visit

Posted by Hyscience at October 3, 2011 4:29 PM

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