Nancy Pelosi's brother-in-law owns company given $737 million Federal Government Loan

Are all these government programs a way of transferring money to favored individuals?  From the UK Daily Mail:
Nancy Pelosi is facing accusations of cronyism after a solar energy project, which her brother-in-law has a stake in, landed a $737 million loan guarantee from the Department of Energy, despite the growing Solyndra scandal. 
The massive loan agreement is raising new concerns about the use of taxpayers' money as vast sums are invested in technology similar to that of the doomed energy project. 
The investment has intensified the debate over the effectiveness of solar energy as a major power source. 
The SolarReserve project is backed by an energy investment fund where the Minority Leader's brother-in-law Ronald Pelosi is second in command. . . .



Post a Comment

Links to this post:

Create a Link

<< Home