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Forum Post: Are Government loan guarentees the same as giving away "free money" to big business?

Posted 2 years ago on March 18, 2012, 11:59 p.m. EST by SteveKJR (-497)
This content is user submitted and not an official statement

For those of you who aren't aware of it there are quite a few "government loans" that were given out in the name of "green energy" and as a result with the exception of very few companies all others have failed.

Here is a list taken off the Department of Energy Website. Do you think it's right for our government to give all this money away and in return get nothing for it?

Here's the link https://lpo.energy.gov/?page_id=45

3 Comments

3 Comments


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[-] 2 points by foreeverLeft (-264) 2 years ago

Obama had to pay back his donors.

[-] 1 points by gestopomillyy (1695) 2 years ago

but the billions in free 'subsidy' not loan.. not to be repayed' money given to oil companies is ok?

[-] 1 points by DanielBarton (1345) 2 years ago

No i dont they shouldn't be taking tax payers money and pointing into risky loans