function ad_block_test(e,o){if("undefined"!=typeof document.body){var t="0.1.2-dev",o=o?o:"sponsorText",n=document.createElement("DIV");n.id=o,n.style.position="absolute",n.style.left="-999px",n.appendChild(document.createTextNode(" ")),document.body.appendChild(n),setTimeout(function(){if(n){var o=0==n.clientHeight;try{}catch(d){console&&console.log&&console.log("ad-block-test error",d)}e(o,t),document.body.removeChild(n)}},175)}} The Solyndra controversy was elevated to a scandal when it was revealed that Office of Management and Budget officials felt pressured to approve the loan, despite an awareness of Solyndra's financial instability. 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Multiple LIBERAL Outlets Warn That If Biden Doesn’t Win Election, Civil War WILL Occur In America. The Solar thing just got a little more interesting…….REALLY! We spoke to company officials for SolarReserve and PCG, and they denied that Pelosi had any influence on the loan. We are no longer accepting comments on this article. Though he has not appeared before Congress, he has "been asked to provide documents to Congress" pertaining to Solyndra. He has a brother, Paul. The project was expected to generate enough electricity to power 43,000 homes. Mr Chu said the two projects will create about 900 construction jobs and at least 52 permanent jobs. If the beltway elites grew rich by spending $4 trillion dollars each year, imagine how much can they believe they can skim from doubling or tripling those expenditures. } Nancy Pelosi’s brother-in-law was previously an “Executive Director”, and at the time the loan was completed, Ron Pelosi was an “Independent Director” of a parent company who held a minority share of the company that was a primary beneficiary of that money landing a $737 million loan guarantee from the Department of Energy for Crescent Dunes. Despite knowledge that Solyndra was tanking then-Minority Leader Pelosi’s brother-in-law, second in command at the energy investment firm backing the project, somehow secured government funding for the SolarReserve project. UK records 20,018 new Covid cases - 12% FEWER than last Tuesday - but fatalities rise 8% from last week to 397, after Chris Whitty and Sir Patrick Vallance were forced to defend their '4,000 deaths a day' dossier, Is a Covid-19 vaccine coming at the start of December? But I digress. But in addition to those permanent positions, the project could create as many as 600 construction jobs over a 30-month period and “more than 4,300 direct, indirect and induced jobs” throughout the country, according to Kevin Smith, the chief executive officer of SolarReserve. He's also the brother of current Missouri secretary of state, Robin Carnahan. A: In most states, no. Maddox, Brian, PCG Spokesman. Help us fight back and subscribe to our newsletter so that you can stay up-to-date with everything Facebook doesn’t want you to see! SolarReserve is based in Santa Monica, California. The investing related articles here are only for educational purposes. The firm is now under investigation by the FBI. Q: Did the Energy Department give a loan to an energy company connected to Nancy Pelosi’s brother-in-law? Welcome to the UniParty ripoff of America’s taxpayers. That blog item was then featured temporarily on the Drudge Report under the heading: “Crony Capitalism: Massive Solar Loan Benefits Pelosi’s Kin.”. Could heated talk over the dinner table become a HATE CRIME? But did he have anything to do with the loan going through? Mr Crider claimed the purchase agreement is a key element of the project and will 'provide assurance that there are sufficient revenues in place to support the loan guarantee'. Check out Diane Feinsteins husbands connection with the American Samoan tuna industry and the hundreds of millions of grants that that he received. It gets some of the basic facts correct. Funny that as Democrats scream that Saudis renting out an entire floor of a Trump hotel is an untenable emolument. Sorry Charlie..! management. The 'solar tower' in the middle, which will be taller than the Washington Monument, is the first of its kind to be built. 28 Sep 2011. But I digress. 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In an exchange of emails with FactCheck.org, Maddox said that Pelosi was employed at the time the loan was finalized, but that PCG’s investment in SolarReserve “substantially antecedes” the time when Pelosi joined the company. Generator: Artist's impression of the solar plant being constructed north west of Tonopah, Nevada. THIS IS TRUE AT LEAST WHEN IT COMES TO WHAT WE CAN EXPECT FROM CORRUPT POLITICIANS. We have corrected this article accordingly.
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