Here comes 1 billion in loans to more solar companies....

**Belmont31R** · 09-28-11, 15:15

Simply amazing. End of the fiscal year is end of this week so every gov agency is spending this week trying to get as much money out as possible.

What section of the Constitution allows the government to give out loans to specific businesses to tunes of billions of dollars a year?

WASHINGTON - Facing a Friday deadline, the Energy Department has approved two loan guarantees worth more than $1billion for solar energy projects in Nevada and Arizona.

http://www.startribune.com/nation/130717383.html

When is this shit going to stop?

**parishioner** · 09-28-11, 15:35

Since the last investment in a solar panel company ended in bankruptcy and put the taxpayers on the hook for $535,000,000 (http://www.reuters.com/article/2011/...78Q4BW20110927) I would imagine the only logical step is to do it again, right?

**BrianS** · 09-28-11, 15:42

Originally Posted by jman4427

Since the last investment in a solar panel company ended in bankruptcy and put the taxpayers on the hook for $535,000,000 (http://www.reuters.com/article/2011/...78Q4BW20110927) I would imagine the only logical step is to do it again, right?

If leftist policies don't work, leftists always say it was because the policy didn't go far enough. You can even see this in the way they talk. President Obama is "doubling down" on stimulus. Chuck Schumer said the President "has a good hand and is going 'all-in.'"

**LHS** · 09-28-11, 20:48

Originally Posted by Belmont31R

What section of the Constitution allows the government to give out loans to specific businesses to tunes of billions of dollars a year?

The commerce clause. It's a better use of the clause than the hideous Stewart/Gonzalez verdicts...

**crusader377** · 09-28-11, 22:58

I think we need to look at a quote by Albert Einstein

"Insanity: doing the same thing over and over again and expecting different results."

Looks like the Fed's are going to piss away another billion dollars.

**Belmont31R** · 09-28-11, 23:57

Originally Posted by LHS

The commerce clause. It's a better use of the clause than the hideous Stewart/Gonzalez verdicts...

The Commerce Clause was never intended for loans to a single company based on political ideology. Its there for all of us to benefit from like doing public works projects which would expand our nations free market. Such as building canals, ports, roads, and generally promoting a general market place.

And Im not disagreeing, really, that since that clause was written things have been taken completely out of context and that certain courts have given the gov more power through judicial activism but the original clause does not give this authority.

**LHS** · 09-29-11, 01:33

Originally Posted by Belmont31R

The Commerce Clause was never intended for loans to a single company based on political ideology. Its there for all of us to benefit from like doing public works projects which would expand our nations free market. Such as building canals, ports, roads, and generally promoting a general market place.

And Im not disagreeing, really, that since that clause was written things have been taken completely out of context and that certain courts have given the gov more power through judicial activism but the original clause does not give this authority.

In a way, this is infrastructure. They're trying to get solar power to the point that it's actually viable. Whether that's possible or not I don't know. Personally, I think the more we can do ourselves, the less we have to care about what a bunch of camel-humpers in the desert do with their oil.

Now, that said, it's pretty obvious that these are political kickbacks in this case. Gotta love how 'drain-the-swamp' Pelosi is knee-deep in it.