THE WISE SHALL UNDERSTAND

Obama Admin Approves $737 MILLION Green Jobs Loan To Nancy Pelosi’s Brother-In-Law

| September 29, 2011

Follow the money

Despite the growing Solyndra scandal, yesterday the Department of Energy approved $1 billion in new loans to green energy companies — including a $737 million loan guarantee to a company known as SolarReserve:

SolarReserve LLC, a closely held renewable energy developer, received a $737 million U.S. Energy Department loan guarantee to build a solar-thermal project in Nevada.

The 110-megawatt Crescent Dunes project, near Tonopah, Nevada, will use the sun’s heat to create steam that drives a turbine, the agency said today in a e-mailed statement. SolarReserve is based in Santa Monica, California.

On SolarReserve’s website is a list of “investment partners,” including the “PCG Clean Energy & Technology Fund (East) LLC.” As blogger American Glob quickly discovered, PCG’s number two is none other than “Ronald Pelosi, a San Francisco political insider and financial industry polymath who happens to be the brother-in-law of Nancy Pelosi, the Minority Leader of the United States House of Representatives.” source – Weekly Standard

About the Author:

NTEB is run by end times author and editor-in-chief Geoffrey Grider. Geoffrey runs a successful web design company, and is a full-time minister of the gospel of the Lord Jesus Christ. In addition to running NOW THE END BEGINS, he hosts a twice-weekly bible study and prophecy radio show on BlogTalk Radio, and oversees a dynamic street preaching outreach and tract ministry team in Saint Augustine, FL.
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  1. sdarden says:

    Pelosi—hellooooo how many times do I have to say, Zionist Jew….running America through the no longer mighty dollar but yet in still the dollar. By the time our administration man’s up, we will as a nation done bottomed out and China, Russia, and everybody else will be able to bully us. We have chairman and chairwoman in our government that are soo moreee concern with their Israel than our America…and the sad part is we as a smart people don’t even realize that Israel and Judah ( lost so called tribe aka Ham’s grand kids (blacks) ) are still wondering in the wilderness of all lands while fake homesteaders are running Israel. Prime minister and gov’t …the small people are the ones whom Father God tells in Revelation to run to the wilderness when the desolation in the temple occurs not the wicked Government. Thanks be to God that we are not as a people held accountable for all the wrong done since 1990-2011 in our government. Most of them, oh well let me just say it “all of them are Illuminati” sad but true. Oh, I forgot you suppose to be dumb on that issue and fear them. I fear no one but my creator “Almighty God” and his name is NoT allah.

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  3. Obama’s Slush Fund Helps Bother in Law

    FRIDAY, APRIL 24, 2009
    Athletic budget cut update #21 – Beavers chopping east! and west?
    The latest budget news has Oregon State Director of Athletics Bob DeCarolis suggesting that if their recently announced fund raising efforts are not successful the Beavers may be forced to drop teams.
    To be sure, fall’s exact enrollment numbers won’t be in for a few more weeks, as students can still enroll or unenroll from classes. Nonetheless, preliminary numbers suggest Oregon schools have used stimulus dollars and tax measures to make way for tens of thousands of new students this fall.
    Oregon state agencies, click here for prime award data

    OSU
    For Oregon State University in Corvallis, where the brother-in-law of the current U.S. President coaches basketball, record enrollment has translated to longer lines and greater competition for everything from classes to parking places.

    OSU officials say they expect an estimated 24,000 students this year – marking another record enrollment year. Student registrations have grown gradually over the school’s 142-year history. However, within the past three years the pace has increased dramatically.

    Why the jump? According to The Oregonian, OSU joins other Oregon universities trying harder to retain students. This comes after the newest numbers show one in five freshmen usually quit in the first year. The O also reports such universities as OSU are hiring additional support staff: enlisting more advisers, tutors and mentors and expanding programs to help students manage everything from course load to finances.

    This comes as OSU spends its American Recovery and Reinvestment Act dollars, including $252 million in federal research grants and contracts earned in 2009. The school’s website reports the $252-million amount is “more than that received by all other Oregon public universities combined.”

    Some of the funding for expansion also came from state stimulus dollars. These funds were approved for “capital construction” projects as part of Oregon Senate Bill 338. For example, OregonLive.com reported that $500,000 in state stimulus money paid for part of a $3.7 million renovation of OSU’s Gill Coliseum, where the Beavers play basketball.

    The Gazette-Times reports OSU’s anticipated 9.2 percent jump from fall 2009’s record of 21,969 students would put OSU on track for the school president’s envisioned enrollment of 30,000 to 35,000 students by 2025.
    Cybercorrespondent

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