strayed from our constitution. so we want to make sure that we create a mandate. a mandate to balance the budget in five years or less without raising taxes. a mandate for full repeal of obama care, regardless of what the supreme court does. and a mandate to roll back the revolution e lugss so that our country can work. our country has created tremendous things from tremendous odds from the birt of our country to defeating naziism, putting a man on the moon, defeeting communism and the cold war. we are free markets have created lightbulbs, televisions, come puters the personal computer, the iphone, the ipad and googsle. and we can do this. we can balance our budget. we can restore our economy and we can make sure that the government gets out of the way so that free markets work again. thank you. [ applause ] if anyone has any announcements, feel free to make them now. anyone? yeah. i want to yield to ashley? hi, everybody. i m ashley. and i wanted to invite all of
projects taken recently all appear next to me. i am pleased to report to you on the progress through the critical construction phase because that s typically the highest risk phase in the life of any power generation asset. we are involved in the ownership of a fourth section 1705 called project m with the partner, but to date there have been no drawdowns on the loans so there is no progress for me to report on. let me go back to the three that are under construction. we own a 50% interest in the 392 mega watt project in san bernardino county, california. that s the picture on the left. ivan paul when it s completed in 2014 will be the largest concentrated solar project in the world. this is an a-3 rated or to southern california edison, an investment on the utility. construction at ivan paul continued in october of 2010 and the project is on schedule. we expect to be making steam and i am pleased to report they are not only on schedule, but under budget as well. secondly we
get to the guys that win the money? i was looking at gao numbers. i think 25 got the money. by 7% of the people that applied got the money. my question is, what did the people do to get the money? it s everything working in the business development department. who does he work for? who is he working for? he a lobbyist for your firm? let me ask you this. before thompson worked for you, who did he work for? before he worked for us? yes. i don t know. it was harry reid. we re play and i want you to see something. this may refresh your memory. as you drive along i-80 and you see the steam and it may not seem like much, it s geothermal energy. it made 16,000 construction jobs in nevada. harry reid saw the potential just about before anybody else. he got over $144 million. senator reid is making that happen. harry reid i m harry reid and i approve this message. i m sure he does. you go through this and here s my point. there is a way to navigate thes