DYSPEPSIA GENERATION

We have seen the future, and it sucks.

$737 Million in Green-Tech Loan to Company Connected to Pelosi Family?

30th September 2011

Read it.

Forty-five permanent jobs?  That puts the cost per permanent job at over $16 million, a figure that could employ perhaps a hundred people had the capital remained in the hands of the private sector that produced it.  Whatever else these green-tech loans are, they certainly are not job-creation stimulus.

Oh, did you think that? Foolish mortal.

But that’s not the best part.  As both Gateway Pundit and American Glob discover, one of SolarReserve’s “investment partners” is Pacific Corporate Group, through its Clean Energy and Technology Fund.  And PCG’s executive director is Ron Pelosi — brother of Nancy Pelosi’s husband.  Suddenly, this deal makes a lot more sense than spending $737 million for forty-five jobs.

More Democrat crapitalism. Nothing to see here, move along, move along.

Comments are closed.