Latest solar failure received Ex-Im Bank loan

While most people were focused on yesterday's ObamaCare decison, news broke that another taxpayer-funded solar firm went gone belly-up. The Washington Free Beacon tells us that the latest failure is Abound Solar Inc. In addition to the $400 million in Department of Energy loan guarantees, Abound received a $9.2 million loan from that New Deal relic, the Export-Import Bank.

That same institution approved  $457 in loan guarantees so another solar firm could sell solar panels to itself.

Only in Obama's America.

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