Tuesday, November 1, 2011

Zombies ask: Is Solar loan guarantee from US Government insider trading?

Zombified Times has learned that NextEra Energy Resources has secured a $2 billion in loan guarantees from the US Department of Energy for solar energy projects, not a bad deal except the CEO of NextEra is also on the Presidents council on Jobs and Competitiveness.  CEO and card carrying zombie Lewis Hayes sits on the council which also called for a new federal financing program to attract private investment for clean energy projects.

Now if we flip this around and say this was Joe Zombie working at a major trading firm on Wall Street and also has a connection to a major investment firm through Martha Vampire and she mentions to Joe that they are pulling all funding from a publicly traded company due to the company is going to file chapter 11 well before the company announces it actions or files bankruptcy.  That smells like insider trading especially when he sells off those stocks to make a profit before public knowledge.  Someone would be going to jail for that.

Go back to our wonderful government.  Is this not insider trading or at least a conflict of interest.  Sure asking a Zombie for an answer will probably get your head bit but lets look at the probability of a conflict and better yet did the government not learn when it gave out a $535 million loan guarantee to bankrupt Solyndra under the President recommendation.  Or what about the $43 million loan to a already bankrupt Beacon Power Corp.

This type of behavior is leaving zombies across America scared that not only are there empty skulls out on the streets of this country but there is also ever increasing number of empty skulls in Washington, where will our food come from, we don’t eat cows.

More to come on this story...I already hear the groans from Occupying Zombies.

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