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<blockquote data-quote="Babagounj" data-source="post: 2154463" data-attributes="member: 12952"><p>What does a failed Solar Energy Company called Abengoa in Spain have to due with Obama , Hillary Clinton and the taxpayers ?</p><p></p><p><a href="http://www.wnd.com/2016/04/collapse-of-spains-solyndra-poses-election-year-embarrassment/" target="_blank">http://www.wnd.com/2016/04/collapse-of-spains-solyndra-poses-election-year-embarrassment/</a></p><p></p><p>Last November, <a href="http://www.washingtontimes.com/news/2015/nov/25/abengoa-obama-green-energy-project-on-verge-of-ban/?page=all" target="_blank">the Washington Times reported</a> Abengoa had received at least $2.7 billion in federal loan guarantees since 2010 to build several large-scale solar power projects in the United States.</p><p></p><p><a href="http://finance.townhall.com/columnists/maritanoon/2012/08/04/how_democrats_say_crony_corruption_in_spanish_abengoa/page/full" target="_blank">An exposé by Town Hall on Aug. 4, 2012,</a> found that the then-estimated $2.8 billion Abengoa received in U.S. federal grants and loans made the company the second largest recipient of the $16 billion doled out through the Department of Energy Section 1705 loan guarantee program, <a href="http://mercatus.org/publication/assessing-department-energy-loan-guarantee-program" target="_blank">the same DOE program that had funded Solyndra</a>.</p><p></p><p>In her 2016 presidential campaign, Hillary Clinton has argued for the reauthorization of the Export-Import Bank, insisting she wants to be “the small business president.”</p><p></p><p>Last June, <a href="http://www.breitbart.com/big-government/2015/06/08/ex-im-bank-crucial-to-clinton-crony-capitalism-faces-closure/" target="_blank">Breitbart reported</a> that under the Obama administration, Export-Import Bank lending has increased 248 percent, with U.S. taxpayers now holding nearly $140 billion in Export-Import Bank exposure.</p><p></p><p>The same article noted Abengoa has obligations of more than $225 million in Export-Import Bank support.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 2154463, member: 12952"] What does a failed Solar Energy Company called Abengoa in Spain have to due with Obama , Hillary Clinton and the taxpayers ? [URL]http://www.wnd.com/2016/04/collapse-of-spains-solyndra-poses-election-year-embarrassment/[/URL] Last November, [URL='http://www.washingtontimes.com/news/2015/nov/25/abengoa-obama-green-energy-project-on-verge-of-ban/?page=all']the Washington Times reported[/URL] Abengoa had received at least $2.7 billion in federal loan guarantees since 2010 to build several large-scale solar power projects in the United States. [URL='http://finance.townhall.com/columnists/maritanoon/2012/08/04/how_democrats_say_crony_corruption_in_spanish_abengoa/page/full']An exposé by Town Hall on Aug. 4, 2012,[/URL] found that the then-estimated $2.8 billion Abengoa received in U.S. federal grants and loans made the company the second largest recipient of the $16 billion doled out through the Department of Energy Section 1705 loan guarantee program, [URL='http://mercatus.org/publication/assessing-department-energy-loan-guarantee-program']the same DOE program that had funded Solyndra[/URL]. In her 2016 presidential campaign, Hillary Clinton has argued for the reauthorization of the Export-Import Bank, insisting she wants to be “the small business president.” Last June, [URL='http://www.breitbart.com/big-government/2015/06/08/ex-im-bank-crucial-to-clinton-crony-capitalism-faces-closure/']Breitbart reported[/URL] that under the Obama administration, Export-Import Bank lending has increased 248 percent, with U.S. taxpayers now holding nearly $140 billion in Export-Import Bank exposure. The same article noted Abengoa has obligations of more than $225 million in Export-Import Bank support. [/QUOTE]
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