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	<title>vlogolution network &#187; fisker automotive</title>
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		<title>Obama Admin gave $500MM loan to GORE-CONNECTED electric car company to build cars&#8230; in Finland!</title>
		<link>http://www.vlogolution.com/hot/2011-10-21-obama-admin-gave-500mm-loan-to-gore-connected-electric-car-company-to-build-cars-in-finland/</link>
		<comments>http://www.vlogolution.com/hot/2011-10-21-obama-admin-gave-500mm-loan-to-gore-connected-electric-car-company-to-build-cars-in-finland/#comments</comments>
		<pubDate>Sat, 22 Oct 2011 00:51:26 +0000</pubDate>
		<dc:creator><![CDATA[Alexander P Morris]]></dc:creator>
				<category><![CDATA[moMoney]]></category>
		<category><![CDATA[PassMeThePork]]></category>
		<category><![CDATA[al gore]]></category>
		<category><![CDATA[conflict-of-interest]]></category>
		<category><![CDATA[credit cards]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[fisker automotive]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[green energy]]></category>
		<category><![CDATA[nancy pelosi]]></category>
		<category><![CDATA[solarreserve]]></category>
		<category><![CDATA[solyndra]]></category>

		<guid isPermaLink="false">http://www.vlogolution.com/hot/?p=1214</guid>
		<description><![CDATA[Between government-sponsored &#8220;Green-Energy&#8221; fraud-laden projects such as Solyndra, SolarReserve, and Fisker Automotive, the conflict-of-interest laden PORK-FEST continues&#8230; and when they fail, it&#8217;s called a &#8220;BET&#8221; gone BAD.  Nice to see that our government is in the business of gambling with taxpayer dollars by investing huge sums (that we already can&#8217;t afford) in entities that always seem to directly [&#8230;]]]></description>
				<content:encoded><![CDATA[<a href="http://www.vlogolution.com/hot/2011-10-21-obama-admin-gave-500mm-loan-to-gore-connected-electric-car-company-to-build-cars-in-finland/" target="_new" title="View Full Post and Related Links!"><img src="http://www.vlogolution.com/lthumbs/pplnk20111021-02.gif" title="View Full Post and Related Links!" align="left" width="240" height="180" border=0><img src="http://www.vlogolution.com/images/spacer.gif" align="left" width="10" height="180" border=0></a><p>Between government-sponsored &#8220;Green-Energy&#8221; fraud-laden projects such as Solyndra, SolarReserve, and Fisker Automotive, the conflict-of-interest laden <strong>PORK-FEST</strong> continues&#8230; and when they fail, it&#8217;s called a &#8220;BET&#8221; gone BAD.  Nice to see that our government is in the business of gambling with taxpayer dollars by investing huge sums (that we already can&#8217;t afford) in entities that always seem to directly benefit a few politically well-connected folks, from Al Gore, to Nancy Pelosi&#8217;s brother-in-law Ronald Pelosi, among many others.  Why don&#8217;t more people talk about hanging THOSE &#8220;rich&#8221; folks out to dry?  Or how about all the &#8220;rich&#8221; bankers who continue to receive interest-free capital loans at the expense of little old ladies?  And once their principal is wiped out on expenses, the banks can steal the rest by charging 30%+ APRs on credit card debt that costs them 0% to loan out courtesy of the Fed.  Nice gig if you can get it.</p>
<p><strong><em>And they wonder what the protesters at &#8220;Occupy Wall Street&#8221; are upset about&#8230;</em></strong></p>
<p>&#8220;An electric car company that received more than a half-billion-dollar Obama administration-approved loan is reportedly now assembling its first line of cars in rural Finland, rather than in the United States. What’s more, the car company, <strong>Fisker Automotive</strong>, is funded by a venture capital firm whose partners include former Vice President Al Gore.&#8221; &#8211; <a href="http://www.theblaze.com/stories/obama-admin-gave-half-billion-dollar-loan-to-gore-connected-electric-car-company-to-build-cars-in-finland/" target="_new">Obama Admin Gave half-billion dollar loan to Gore-Connected electric car company to build cars in finland</a></p>
<p>&#8220;The <strong>SolarReserve</strong> project is backed by an energy investment fund where the Minority Leader&#8217;s brother-in-law Ronald Pelosi is second in command.&#8221; &#8211; <a href="http://www.dailymail.co.uk/news/article-2043282/Nancy-Pelosis-brother-law-given-loan-bigger-Solyndra-solar-plant.html" target="_new">Nancy Pelosi&#8217;s brother-in-law is given $737m of taxpayers&#8217; money to build giant solar power plant in middle of the desert</a></p>
<p>&#8220;A group of Democratic operatives have formed an investment company called U.S. Renewable Energy Group, or US-REG, which seems to exist for the sake of buying green-tech companies, and then helping them get subsidies. In at least one case, US-REG appeared to be a U.S. beard for a Chinese company seeking U.S. dollars to make wind turbines in China.&#8221; &#8211; <a href="http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/green-subsidies-breeding-ground-corruption" target="_new">Green subsidies: A breeding ground for corruption</a></p>
<p>&#8220;A senior Energy Department official pushed hard for the government’s $535 million loan to the now-bankrupt California solar energy company <strong>Solyndra</strong> even after he had disclosed that his wife’s law firm represented the company and he had promised to recuse himself from matters related to the loan application, according to e-mails provided to Congressional investigators by the administration.&#8221; &#8211; <a href="http://www.nytimes.com/2011/10/08/us/politics/e-mail-shows-senior-energy-official-pushed-solyndra-loan.html" target="_new">E-Mail Shows Senior Energy Official Pushed Solyndra Loan</a></p>
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