Theodore's World: OMG....Obama Bundler’s Husband Awarded Over $1 Billion in DOE Guaranteed Loans

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May 23, 2012

OMG....Obama Bundler’s Husband Awarded Over $1 Billion in DOE Guaranteed Loans



The husband of one of Barack Obama’s top bundlers has received $1.2 billion in federal loan guarantees from the Obama Administration.

The Free Beacon


New disclosures show that one of President Obama’s bundlers is the wife of an executive at an energy company that received a more-than-$1.2 billion Department of Energy (DOE) loan guarantee for a solar power plant.

Arvia Few is a bundler for the Obama re-election campaign who has promised to raise between $50,000 and $100,000. She began bundling for Obama in the first quarter of 2012. Her husband, Jason Few, is an executive at a company that has benefited handsomely from the Obama administration’s clean energy spending, records show.

The U.S. Department of Energy granted NRG Solar a $1.237-billion loan in September 2011 to help build NRG’s California Valley Solar Ranch, which is described as “a 250 MW alternating current PV solar generating facility” by the U.S. Department of Energy.

Few became senior vice president of Houston-based Reliant Energy in 2008. He was named President of Reliant in May 2009 when NRG Energy acquired Reliant for $287.5 million. He currently serves as executive vice president and chief customer officer of NRG Energy.

“This investment and its outcome represent a pattern in which the Obama Department of Energy took promises of technological development with an undue amount of credence,” says energy expert Kenneth P. Green, a resident scholar at the American Enterprise Institute.



Wild Thing's comment......

Disgusting................. he just will not stop these insane things he does. He never will !!!!


Posted by Wild Thing at May 23, 2012 02:55 AM


Comments

At one time, politicians gave jobs to cronies but this guy gives hundreds of millions to his cronies for their pet projects.

Posted by: BobF at May 23, 2012 09:12 AM


Bob, I agree, it has not been unusual to do like you said. Obama has gone over the top in this area. They discussed this tonight on O'Reilly and Lou Dobbs said Obama has done so much more on this then any other politican ever has and he said he counted both sides of the isle.

Posted by: Wild Thing at May 24, 2012 01:31 AM