First there was Solyndra and and half billion dollar subsidy to Obama bundler, George Kaiser, now the
laundry list of payoffs to Friends of Obama lengthens with the inclusion of 400 million to Abound Solar, an investment vehicle of
bundler and Democrat donor Pat Stryker's firm, Bohemian Companies.
But wait! That's not all!
And this week the Obama Administration awarded a $337 million loan guarantee to Sempra Energy’s Mesquite Solar I project in Arizona, about 45 miles west of Phoenix.
That 150-megawatt facility will use solar panels made in Arizona by Suntech Power, which is based in China.
Also noted as China's entry into the US power market, and kind of strange, considering:
On September 14, 2011, Jonathan Silver, Executive Director Loan Programs Office, U.S. Department of Energy warned the House Subcommittee on Oversight and Investigations Committee on Energy and Commerce that we cannot allow China to dominate the solar industry. This came after US company Solyndra went bankrupt despite blowing $537 million in US stimulus cash.
Link