Lawsuit Alleges Cronyism In Obama Administration “Green Energy” Loans
January 10, 2013 by John Hinderaker
A lawsuit recently filed in the United States Court of Claims may shed further light on the corruption of the Obama administration’s “green energy” programs. The lawsuit was filed on behalf of XP Vehicles, Inc. and Limnia, Inc., companies that competed for Department of Energy loans under a Congressionally-authorized program. The owners of XP eventually realized that there was no real competition, and that the whole Department of Energy program was a scam intended to funnel money to Obama and Democratic Party campaign contributors and political allies. They allege in addition that DOE misappropriated proprietary technology that they submitted in connection with their loan applications, and gave that technology to Obama administration cronies.
Are the allegations true? I don’t know. They certainly are consistent with what we know about the administration’s green energy programs, and there is no doubt about the fact that companies like Tesla and Fisker, which won out in preference to these plaintiffs, were 1) politically connected, and 2) failures in the marketplace. …
IF Fisker and Tesla (not sure whether Tesla has produced enough cars yet for it to called a marketplace failure, BTW) were actually chosen as superior products in a real competition it should be easy for the DOE to produce for the court the documents detailing their decision. Far more likely, IMO, is that the Obama Administration will crank up another of their well-oiled Stonewall Machines.