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Posted on 07/28/2012 9:46:01 PM PDT by grundle
Number 25 on a very long list of Obama's misdeeds:
The Obama administration gave $535 million to Solyndra, claiming that it would create 4,000 new jobs. However, instead of creating those 4,000 new jobs, the company went bankrupt. It was later revealed that the company’s shareholders and executives had made substantial donations to Obama’s campaign, and that the company had also spent a large sum of money on lobbying. In April 2012, CBS News reported that Solyndra had left a substantial amount of toxic waste at its abandoned facility in Milpitas, California. After Obama gave Raser Technologies $33 million to build a power plant, the company declared bankruptcy, and owed $1.5 million in back taxes. After Obama gave Abound Solar, Inc. a $400 million loan guarantee to build photovoltaic panel factories, the company halted production and laid off 180 employees. After Obama gave Beacon Power a $43 million loan guarantee to build green energy storage, the company filed for bankruptcy. After Obama approved $2.1 billion in loan guarantees for Solar Trust of America so it could build solar power plants, the company filed for bankruptcy. Although Obama stated that all of the green energy companies that received taxpayer money were chosen “based solely on their merits,” the truth is that 71% of these grants and loans went to Obama donors and fundraisers, who raised $457,834 for his campaign, and were later approved for grants and loans totaling more than $11 billion. By November 2011, the Energy Department’s inspector general had begun more than 100 criminal investigations related to Obama’s stimulus.
(Excerpt) Read more at danfromsquirrelhill.wordpress.com ...
It’s a good thing Barry is only 50% Caucasian. If he was 100% Caucasian he’d be in prison right now for all of the crimes he has committed over the past four years.
Obama’s also using tax and enforcement bureaucrats to harass Republican donors.
Somebody should alert the media! (sarcasm)
fl
So is the regime crooked or stupid?
They are both.
And the lamestream media will just give it all a total pass.
It's such transparent cronyism, a blind man could see it with a cane.
0bama should be getting hammered with this every day from now until the election...
Solyndra is looking after Obama’s stash.
King Jerk-A-Boo is auditing your butts right now |
PING...
I smell the sweet stench of corruption here! In the future, I predict, Obama will be recognized as the most corrupt since the days of US Grant.
Illegal?? you bet! will he be prosecuted? no, not when you wear the new tephlon coating. Anyone muttering these words will immediatley recieve the race card and be subjected to national scorn.
He didn’t hand out $1 bil. and only get $450 k in return.
His kickback had to have been in the millions.
” Blatant, raw, in-your-face criminality and corruption.”
Giving government money and favors to campaign donors is just about the definition of corruption.
How do they explain this away?
You would think that there would be some idealist journalists who want to expose corruption in government out there, but NO.
Obama is their god. And he favors free abortion, gay everything and birth control for all so he is untouchable.
” Blatant, raw, in-your-face criminality and corruption.”
Giving government money and favors to campaign donors is just about the definition of corruption.
How do they explain this away?
You would think that there would be some idealist journalists who want to expose corruption in government out there, but NO.
Obama is their god. And he favors free abortion, gay everything and birth control for all so he is untouchable.
The Chicago mob gone national.
And all the MSM worried about was Joe the Plumber’s trade license and the DNA of Palin’s Down Syndrome child.
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