Wednesday, April 22, 2009

Follow the money the banks are...

I have long said The Resident is in the pocket of the banks and I am not alone and now I see the banks are following the money.  

Remember GE was being downgraded by  S&P and Moody and was going bankrupt how sweet is this and I was wandering why the Fed was funding foreigners (foreign banks) of course we fund plenty of foreigners through foreign aid as well which is nothing but bull crap we are broke and that should be stopped.

An independent wind energy developer called First Wind announced today that it has obtained a $376 million financing for its wind generation project in Milford, Utah.  This is for a 203.5 MW project called the Milford Wind Corridor Phase I.

The Royal Bank Scotland plc (NYSE: RBS) was lead arranger for this loan.  Other banks which were listed as joint lead arrangers for the financing were Banco Santander (NYSE: STD), KeyCorp.’s (NYSE: KEY) KeyBank, Credit Suisse Group (NYSE: CS), Banco Espirito Santo, BNP Paribas, CoBank, HSH Nordbank, and Société Générale.  Genereal Electric Co. (NYSE: GE) Wind Turbines will be used.

The Milford project will feature 97 wind turbines, including 58 units of the 2.5 MW Clipper Liberty turbines and 39 units of the 1.5 MW GE turbines. First Wind expects to complete construction of this project by the end of 2009.  The project is expected to generate up to 203.5 MW of clean energy upon its completion and will be one of the largest renewable energy facilities in Utah and the largest wind energy project in the state with the ability to power about 44,000 
homes in Utah’s Millard and Beaver Counties.

Major construction on the project, along with an 88-mile transmission line to Intermountain Power Plant in Delta, began in late March. Project managers expect turbines to be erected at the site in the early summer.

The project will also provide a source of clean energy to areas in southern California. First Wind has a 20-year power purchase agreement with the Southern California Public Power Authority on behalf of the Los Angeles Department of Water and Power and the cities of Burbank and Pasadena.

The Commercial Real Estate collapse I talked about in my last post is beginning to be major news too by the way. Just think of it this way if they collapse our economy and make us into a third world cesspool they can control the food and weapons and you so much easier so if millions of us have to lose to do it no big deal.  The CFR (Council of Foreign Relations) who have long been known as our real state department and shadow government has been planning the Global Warming scam since the early 1960s and The Resident is a member in very good standing.

Well that goes a long way to explain some of it don't you think?  Add to this today the G8 is looking for The Resident to lead on Global Warming fraud (just think of the money they can pocket $$$ ka ching just like gore and the other elitists have done and will do).  Pushing the propaganda again today to "Go Green" with Cap and Trade how interesting yes it seems it sure will spur investment and his friends the Bankers and GE (who coincidentally paid I mean donated to get him elected) are eager to invest never mind they were all broke and we had to pay to bail them out nothing to see here move along.

I find it laughable that The Resident is now pushing credit card rules and talks about people having to file bankruptcy when he himself went against his own party when they pleaded with him not to vote to have the (not that I agree with this writers assumptions but it shows his vote and how they pleaded with him) bankruptcy rules changed.

I would not care if it was just the Loonies taking the hit but their Fascist trash Resident is taking the rest of us down with them. I doubt this investigation voted for today will do anything the Fascist in the White House and the scum in the halls of Congress would be exposed but please call and e-mail your representatives anyway it is worth a shot.


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