10-10-2014, 11:19 AM
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The People's Post
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 65,123
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re: solyndra and obama
from factcheck.org
Quote:
President Obama exaggerated when defending his administration?s approval of a $535 million loan guarantee to Solyndra, a now-defunct solar company.
Obama referred to Solyndra?s loan at an Oct. 6 press conference as ?a loan guarantee program that predates me.? That?s not accurate. It?s true that the Energy Policy Act of 2005 created a loan guarantee program for clean-energy companies developing ?innovative technologies.? But Solyndra?s loan guarantee came under another program created by the president?s 2009 stimulus for companies developing ?commercially available technologies.?
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http://www.factcheck.org/2011/10/oba...yndra-problem/ |
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