In response to:

Another Toubled Department of Energy Loan Guarantee

Lars795 Wrote: Jul 03, 2013 1:19 AM
Only time it wasn't was with the Panama Canal! Of course with today's people it, the Hoover Dam, and all the rest of the projects from the WPA, CCC, etc.!

Spectacular failure made Solyndra a household name and highlighted failures in the Department of Energy's loan guarantee program. Since then, energy companies like Beacon Power, A123 Systems, Abound Solar and others have fueled the narrative that DOE made bad bets on risky clean energy programs.

Today, Taxpayers for Common Sense released a report that pointed to Southern Company as the next project with potential to blow up in the federal government's face. The Department of Energy has considered granting a $8.33 loan guarantee in order to build two nuclear reactors in Georgia. The problems that have plagued...