Donate $400,000+ to the Democrats, get a $500,000,000 government "loan"
From The Washington Free Beacon:
Biden Megadonor Scores $500 Million Federal Loan for Solar Company
A solar energy company owned by a Biden megadonor received a $500 million government loan to build a manufacturing facility in India, the Biden administration announced this week, raising questions about whether the company's political clout played any role in the financing decision.
The U.S. International Development Finance Corporation granted the loan to First Solar, which is owned by billionaire Walmart heir Lukas Walton, to build a solar module plant in India. Walton contributed over $300,000 to President Joe Biden's campaign last year, and over $100,000 to the Democratic National Committee, according to campaign finance records.
And this is not their first rodeo:
The loan also comes nine years after the Obama administration came under fire for approving $3 billion in loan guarantees to the same company—funding that Republican lawmakers alleged the company wasn't qualified to receive.
Must be nice. No accountability - they do not need to show what happened to the $3Bn. Crony capitalism at its most egregious. Not capitalism, a perversion.
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