Be it eco-fraud hacks or defense contractor hacks or big dig hacks, they all just drive me nuts.
Millions unspent by two Mass. energy companies
Boston herald
By Gary J. Remal
Sunday, July 22, 2012
Two green-energy firms near the top of Massachusetts’ list of stimulus money recipients still haven’t spent hundreds of millions of dollars allotted to them, even though the program was meant for shovel-ready projects and the state employment dropped by thousands of jobs last month.
Lexington-based 1366 Technologies Inc. — a solar energy firm — has spent less than $4 million out of its $147 million in grants and loans provided by President Obama’s $840 billion legislation to jump-start an economy plunged into a near depression by the housing mortgage crisis. More than 2,200 entities split nearly $8 billion doled out to Massachusetts since February 2009.
The remainder of the 1366 Technologies’ stimulus windfall is unlikely to be spent until the end of next year — and then only if a demonstration plant now under construction in Bedford proves that the company’s process to manufacture silicon solar cells actually works.
“We’re going to do it as fast as possible. The first thing we have to do, with private money, is build a demonstration plant,” 1366 Technologies CEO Frank van Mierlo told the Herald. “That’s relatively late, but in all fairness, that is contingent on what we do at the demonstration plant.”
He acknowledged that the solar industry is in the midst of a shakeout and he predicted 80 percent of companies now in business will go bankrupt, comparing it to the early days of automobile manufacture. But he said the companies that emerge will have the size, the strength and the technology to help the nation off its addiction to fossil fuels.
They’re stealing from us.
At least with the republicans you know those fuckers are rotten thieves to begin with with their bombing oil fields with bombs made by big Republican backer defense contractors only to go in and repair them with big republican backer oil field repair service companies like Haliburton, and driving up the price of oil for big Republican backer oil companies all based under the guise of Patriotism.
But what bothers me even more than these evil republican rat bastards are the Liberal Eco Green fraud Democrat hacks who paint themselves as saviors while they steal our dough. Because they prey on naĂŻve liberals who would like to believe that solar or wind power could replace nuclear or fossil fuel and they drain money our money in bogus grants.
They’re both stealing from us, Sickening.
Good Morning Gloucester 