Big Banks pled around 100 billion to green nonsense.....this is where the bailout money is going it appears (Obama, companies)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
So it appears this is how the green boondoggle will play out. BOA kicks folks out of their homes and takes billions in taxpayer bailouts to hand off to green cronies of Obama. Goldman and Wells in for around 30 billion each too. So when they fail yet again what????
"CHARLOTTE, N.C., June 11 (Reuters) - Bank of America Corp , which has faced criticism for dealings with coal companies in recent years, on Monday set a new 10-year, $50 billion goal to provide loans and other financing for environmentally friendly energy projects.The second-largest U.S. bank announced the initiative as it nears the early completion of a 10-year, $20 billion goal set in 2007. The bank also pledged to reduce energy and paper consumption in its own operations by 2015 and to make $100 million in grants to nonprofit organizations and other groups promoting low-carbon use."
So it appears this is how the green boondoggle will play out. BOA kicks folks out of their homes and takes billions in taxpayer bailouts to hand off to green cronies of Obama. Goldman and Wells in for around 30 billion each too. So when they fail yet again what????
"CHARLOTTE, N.C., June 11 (Reuters) - Bank of America Corp , which has faced criticism for dealings with coal companies in recent years, on Monday set a new 10-year, $50 billion goal to provide loans and other financing for environmentally friendly energy projects.The second-largest U.S. bank announced the initiative as it nears the early completion of a 10-year, $20 billion goal set in 2007. The bank also pledged to reduce energy and paper consumption in its own operations by 2015 and to make $100 million in grants to nonprofit organizations and other groups promoting low-carbon use."
Green nonsense huh... your not very future oriented. But hey I agree with your "Ignorance is bliss" logic, don't think about our future, the present is all you need to be stress free. ----Epic Fail on Ignorance----
Green nonsense huh... your not very future oriented. But hey I agree with your "Ignorance is bliss" logic, don't think about our future, the present is all you need to be stress free. ----Epic Fail on Ignorance----
Do tell, who is wise enough to decide the future for you?
Location: By the sea, by the sea, by the beautiful sea
68,348 posts, read 54,470,554 times
Reputation: 40766
Quote:
Originally Posted by KUchief25
Big Banks pled around 100 billion to green nonsense.....this is where the bailout money is going it appears
So it appears this is how the green boondoggle will play out. BOA kicks folks out of their homes and takes billions in taxpayer bailouts to hand off to green cronies of Obama. Goldman and Wells in for around 30 billion each too. So when they fail yet again what????
"CHARLOTTE, N.C., June 11 (Reuters) - Bank of America Corp , which has faced criticism for dealings with coal companies in recent years, on Monday set a new 10-year, $50 billion goal to provide loans and other financing for environmentally friendly energy projects.The second-largest U.S. bank announced the initiative as it nears the early completion of a 10-year, $20 billion goal set in 2007. The bank also pledged to reduce energy and paper consumption in its own operations by 2015 and to make $100 million in grants to nonprofit organizations and other groups promoting low-carbon use."
Green nonsense huh... your not very future oriented. But hey I agree with your "Ignorance is bliss" logic, don't think about our future, the present is all you need to be stress free. ----Epic Fail on Ignorance----
Yes it is green nonsense. And when it fails again like it has in Spain and is doing here in the US who will bail out these bad investments yet again? Take a guess kermit.
The only "epic fail" is Obama promising millions of high paying green jobs which have never happened. Or perhaps a green weeny like yourself can show me where all these green jobs are?
Put two and two together burdell. I didn't read that my satellite dish would go out this morning for whatever reason but it did.
Now we have the government forcing banks to buy into the green madness. First they force em to give money to people who can't afford to buy homes and now they force em to invest in nonsense. When it all goes boom like it will and the taxpayers bail it out again with what I don't know because the kitty is dry all we'll here is about evil banks form the sheep.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
