Blog Smith: What Did Obama Do With Our Stimulus Money?

Wednesday, July 18, 2012

What Did Obama Do With Our Stimulus Money?

This is the list of all the clean energy companies supported by Obama’s stimulus that are now failing or have filed for bankruptcy.

Evergreen Solar
SpectraWatt
Solyndra (received $535 million)
Beacon Power (received $43 million)
AES’ subsidiary Eastern Energy
Nevada Geothermal (received $98.5 million)
SunPower (received $1.5 billion)
First Solar (received $1.46 billion)
Babcock & Brown (an Australian company which received $178 million)
Ener1 (subsidiary EnerDel received $118.5 million)
Amonix (received 5.9 million)
The National Renewable Energy Lab
Fisker Automotive
Abound Solar (received $400 million)
Chevy Volt (taxpayers basically own GM)
Solar Trust of America
A123 Systems (received $279 million)
Willard & Kelsey Solar Group (received $6 million)
Johnson Controls (received $299 million)
Schneider Electric (received $86 million)

That’s 19 (that are known so far). Lloans went to foreign clean energy companies (Fisker sent money to their overseas plant to develop an electric car), and that 80% of these loans went to Obama’s campaign donors.

I do not see NRG on Heritage's list, but NRG Energy, loan guarantee of $1.237 billion, reported a loss of $109 million compared with a year-earlier loss of $15 million. (Source- MarketWatch)

Total 20, with 80 percent of the loans going to Obama campaign donors.

Reading since summer 2006 (some of the classics are re-reads): including magazine subscriptions

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Hanson, Victor Davis, The Soul of Battle: From Ancient Times to the Present Day, How Three Great Liberators Vanquished Tyranny;
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Info World: Information Technology News, Computer Networking & Security;
Information Week: Business Innovation Powered by Technology:
Infostor: The Leading Source for Enterprise Storage Professionals;
Infrastructure Insite: Bringing IT Together;
Insurance Technology: Business Innovation Powered by Technology;
Integrated Solutions: For Enterprise Content Management;
Intel Premier IT: Sharing Best Practices with the Information Technology Community;
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McCullough, David, John Adams;
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McNamara, Patrick, Science and the World's Religions Volume 1: Origins and Destinies (Brain, Behavior, and Evolution);
McNamara, Patrick, Science and the World's Religions Volume 2: Persons and Groups (Brain, Behavior, and Evolution);
McNamara, Patrick, Science and the World's Religions Volume 3: Religions and Controversies (Brain, Behavior, and Evolution);
Meacham, Jon, American Lion: Andrew Jackson in the White House;
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Military & Aerospace Electronics: The Magazine of Transformation in Electronic and Optical Technology;
Millard, Candice, Theodore Roosevelt's Darkest Journey: The River of Doubt;
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Muller, F. Max, Chips From A German Workshop: Volume III: Essays On Language And Literature;
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Nature: The International Weekly Journal of Science;
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Network Computing: For IT by IT:
Network World: The Leader in Network Knowledge;
Network-centric Security: Where Physical Security & IT Worlds Converge;
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Nietzsche, Friedrich Wilhelm, The Nietzsche-Wagner Correspondence;
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Redmond Magazine: The Independent Voice of the Microsoft IT Community;
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Romerstein, Herbert and Breindel, Eric,The Venona Secrets, Exposing Soviet Espionage and America's Traitors;
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Scheuer, Michael, Osama Bin Laden;
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Scholastic Instructor
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Schopenhauer, Arthur, The World As Will And Idea (Sony eReader);
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Schulze, Hagen, Germany: A New History;
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Security Technology & Design: The Security Executive's Resource for Systems Integration and Convergence;
Seibel, Peter, Coders at Work;
Sekunda N., & S. Northwood, Early Roman Armies;
Seneca: Naturales Quaestiones, Books II (Loeb Classical Library No. 450);
Sewall, Sarah, The U.S. Army/Marine Corps Counterinsurgency Field Manual;
Sheppard, Ruth, Alexander the Great at War: His Army - His Battles - His Enemies;
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Sumner, Graham, Roman Military Clothing (2) AD 200-400;
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Swanston, Malcolm, Mapping History Battles and Campaigns;
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Tech Net: The Microsoft Journal for IT Professionals;
Tech Partner: Gain a Competitive Edge Through Solutions Providers;
Technology & Learning: Ideas and Tools for Ed Tech Leaders;
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Tolstoy, Leo, Anna Karenina;
Trento, Joseph J., The Secret History of the CIA;
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Ungar, Craig, House of Bush House of Saud;
Unterberger, Richie, The Unreleased Beatles Music & Film;
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Visual Studio: Enterprise Solutions for .Net Development;
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Weiner, Tim, Legacy of Ashes: The History of the CIA;
West, Bing, The Strongest Tribe: War, Politics, and the Endgame in Iraq;
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Wissner-Gross, What Colleges Don't Tell You (And Other Parents Don't Want You To Know) 272 Secrets For Getting Your Kid Into the Top Schools;
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Wolf, Naomi, Give Me Liberty: A Handbook for American Revolutionaries;
Wolf, Naomi, The End of America: Letter of Warning to a Young Patriot;
Woodward, Bob, Plan of Attack;
Woodward, Bob, The Agenda: Inside the Clinton White House;
Wright, Lawrence, The Looming Tower: Al-Qaeda and the Road to 9/11;
Wright-Porto, Heather, Beginning Google Blogger;
Xenophon, The Anabasis of Cyrus;
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