ABC News Commits Random Act of Journalism on Solyndra
A lot of people are making noise today about the fact that one of the companies that ended up getting a lot of money from the Feds has a Pelosi family member, a brother-in-law, brother something that’s involved in this. That is true. But I don’t know that that’s a major factor. Clearly it’s interesting. But this is from TheHill.com, and this is the story that we mentioned toward the end of the program, it just appeared as a news flash. We mentioned it when the news broke that the $737 million loan to Crescent Dunes is going to create 45 permanent jobs. Basically, this is the story that these jobs are going to cost $200,000 each. All this money to the solar industry companies out there, 200 grand per job, given the number of jobs the regime says will be created.
“The Energy Department announced Wednesday that is has finalized more than $1 billion in loan guarantees for two separate solar energy projects.” That’s the news we had about 50 minutes left in the show. “DOE announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve. The Energy Department said the project will result in 600 construction jobs and 45 permanent jobs.”