that was john hancock. we were involved peripherally. >> you were recipient of the money. >> we were the recipient of the joan hancock money, that's right. >> you know they were going for 1705? >> yes, sir. >> so you have the plant in place. you file the application. you say that you've had an opportunity in the private sector but for whatever reason you opted not to utilize those loans. probably because this one was a better rate. you then repayed the existing dollars. so the point of this is that the stimulus, whether you agree or disagree with it, the point of it was to create jobs. what jobs did this create? this was repaying existing loan for an existing plant that was already in operation? >> it was operating at, at 22 megawatts at the time that we received the loan. so we had placed it in service but it wasn't operating at its full capacity. so we had to finish the well field and i think it's been very transparent in our part one application for the loan exactly where the money was to be spent. a port

john hancock was the first to put his john hancock on the declaration of independence.d is he signed it big enough for the brits to read without glasses. he served as massachusetts governor until his

that was john hancock. we would involve -- >> but you were the recipient of the money. >> we were the recipient of the jen hudak -- the john hancock money. >> and you knew they were going for a 1705? >> yes, sir. >> so we have a plan in place, he filed the application, you say that you've had an opportunity in the private sector but for whatever reason, you opted not to utilize those loans, probably because this one was a better rates. you then rebate existing dollars. so the point of this is that the stimulus, whether you agree or disagree with it, the point of it was to create jobs. what job did is create? this was retain an existing loan for an existing plant that was already in operation. >> it was operating at 22 megawatts at the time that we received alone. so we had wasted in service but it was not operating at full capacity so we're to finish the well-heeled. and i think it's very, it's been very transparent in our hard-won application for the loan exactly where the money was to be spent. a portion

we actually had worked with john hancock to work on a loan from john hancock. they made the application to d.o.e. >> did you have an existing line or loan from john hancock? >> no, sir. >> what money did you use to get this online? >> we actually had a facility on commercial terms with a senior investment bank in new york to construct the project. they withdrew that commitment through the summer of 2008. we needed to scramble to obtain a mezzanine debt loan which was $180 million facility at the time. we thought about the bridge loan. we would be borrowing $17 million. did the we thought we would go back to the things for the remainder of the money. -- then we thought we would go back to the bank for the remainder of the money. none of these things for operating. we ended up borrowing $180 million. that is how we built the plant. that was not in any way permanent financing. it was a really thought of as a bridge loan. it had an interest rates. it was backed by the daily loan guarantee to take a portion of that loan. we also had not finished our work. we had bui

john hancock, dr. warren and dr. church. the only problem is, dr. church is a british spy. he's been on the british payroll since at least 1772, and so while he is running the american hospitals, he's sending in information to british generals in boston. what you see at the bottom of the screen -- whoop. got to point it the right way. right here. is an actual decoded handwritten message. that's the cipher key of his, that was intercepted. it was intercepted, he wasn't able to send his mail directly into boston. it had to go down to providence, down to newport. so what he did is, he sent his mistress who was a prostitute in boston down to newport to one of her former clients to get the message to the british captain of the vessel. she delivers the message to him. he promptly takes it onboard ship. see as message that's all in ciphers and symbols and so he decides not to do it. takes the document, goes to the governors of rhode island, who then sends him up to american general greene, who being a merchant knows that it's an encoded message. the americans put two teams to sd d

we received $98.5 million loan from john hancock backed by the doe loan guarantee.iteria. there was a job criteria, we did create a significant amount of new jobs and another part of the criteria was to allow companies to obtain senior debt financing. we had borrowed money to construct the plant on a mezzanine level, and we used a good part of the money to put in place senior debt financing and replaced some of the mezzanine debt. >> let me just ask this. doe filed a mandate from congress when it created the loan guarantee program, then each of the products under your stewardship has some risk associated with it. mr. woolard, can you explain why it is so difficult to find financing in the private sector when bringing innovative technology to scale? >> sure. we received our early backing as a company from venture capital. we financed the company, we then brought corporate investors in including chevron, british petroleum and others. and as we looked at scaling up, the first thing we did was derisk everything with a demonstration facility and grew that from a six mega

he has chris christie's john hancock to prove it. ♪ ♪ ♪ ♪ that should do it.eople have discovered how easy it is to use legalzoom for important legal documents. so start your business, protect your family, launch your dreams. at legalzoom.com, we put the law on your side. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> 30 minutes past the hour. i'm carol costello. >>> the nation's u

it looks like john hancock signed the declaration of independence, so clear and distinct.it says this. here, oh, king, king, and despise not counsel of the poor. the king is a mortal man and not god. therefore, he has no power over the immortal souls of his subjects. let them be heretics, turks, jews, or whatsoever. it pertains not to the earthly power to punish them. to my knowledge, this is the first published appeal for universal religious freedom in the english language. and in that book and other literature that emerged from thomas and his friends, a cluster of arguments were set forth that formed a bedrock for later baptists and protestants, evangelical and western political thinking about religious freedoms. i just want to mention these, we don't have time to go into them. they're interesting in the constellation that they form. one, is an understanding of two kingdoms. as you can tell it what i said already, thomas was not an absolute separationist. there was a place for civil authority and governance. but he clearly true a line of distinction between the civil and

when you open it, there are these words written in thomas' own hand, looks like john hancock signing the declaration of independence. so clear and distinct, it says this, here, oh, king and despise not the counsel of the poor. the king is a mortal man and not god. therefore, hath no power over the immortal souls of his subjects. heretics, turks, jews, or whatsoever, it pertains not to the earthly power to punish them. to my name, -- to my knowledge, this is the first appear for the english language. in my book and others that emerged, a cluster of arguments that were set forth that formed a kind of bedrock for later baptist and western political thinking. in the con -- constellation that they form. hell was not absolute. this was a place for civil governance, but he clearly drew a line between the spiritual realms that is distinctive of western thinking going back at least to saint augusta and the bible itself. they were happy to talk about the possibility of a christian magistrate. one could be a civil magistrate and be a christian and belong to the church. but they were very reluct

it looks like john hancock signed the declaration of independence, so clear and distinct. ther, o, kin and despiteg, key --is a mortal man and not die. therefore, has no power over the immortal souls of his subjects. let them be heretics, turks,, or what jews soever. it pertains not to the earthly power to punish them. to my knowledge, this is the first published appeal for universal religious freedom in the english language. and in that book and other literature that emerged from thomas and his friends, a cluster of arguments were set forth. it formed a kind of bedrock for later baptists and protestant, evangelical and even more widely, western political thinking about religious freedoms. i just want to mention these. they are very interesting, especially constellation they formed. one is an understanding of two kingdoms. thomas was not an absolute separate nation s. there was a place for civil authority and governments, but he clearly drew a line of distinction between the civil and spiritual realms, a distinction that is distinctive of western thinking in the subject go

. >> john hancock exactly right.. >> online and book stores nationwide. >> go to am zob right now. make these a big hit for your kids. woodrow for president among some others. >> could nascar's military sponsorship come to a screeching halt? fox broadcaster darryl waltrip is here to explain. does your phone share what you are seeing and hearing right now with the touch of a button ? droid does. does it post it instantly to facebook with sound ? droid does. droid with color for facebook. it's the ultimate status update. get a droid razr maxx by motorola for only $199.99. >> welcome back, could nascar's military sponsorship come to a screeching halt. jack wants to put the brakes on funding in order to off set cuts to defense spending if the legislation passes how will nascar be impacted? let's ask fox sports broadcaster and nascar legend three time cup champ darryl waltrip joins us live from concord, north carolina. good morning d.w. >> good morning. i thought i was tuning in to smarter than a 50 grader for a while. >>