Coming soonÂ…a Zombie ApocalypseÂ…

You must be getting tired of hearing us talk about zombies. And
maybe we are getting a little obsessed by them. But we see them
all around us. And theyÂ’re getting boldÂ…brazen. TheyÂ’re
coming out in broad daylight.

HereÂ’s an article that appeared last week in The Wall Street
Journal:

The recipient of the Obama administrationÂ’s biggest loan
guarantee for solar energy won federal money after an intense
push in early 2011 that included hiring a former chief of staff
to Vice President Joe Biden to lobby the administration, according
to federal records and people involved in the approval process.

The lobbying blitz came as the $1.6 billion loan to BrightSource
Energy Inc. – a centerpiece of the administration’s
program to promote nascent green-energy projects – faced
a do-or-die moment, and the company called on its Democratic connections
to help push the deal forward, according to emails, records and
those familiar with the loan.

Read
the rest of the article

June
13,
2012

Bill
Bonner is the author, with Addison Wiggin, of Financial
Reckoning Day: Surviving the Soft Depression of The 21^st
Century and
The New Empire of Debt: The Rise Of An Epic Financial Crisis
and the co-author with Lila Rajiva of Mobs,
Messiahs and Markets (Wiley, 2007). His
latest book is Dice
Have No Memory.
Since 1999, Bill has been a daily contributor and the driving force
behind The Daily Reckoning.

Copyright
© 2012 Daily Reckoning

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