giving massive amounts of cash to unprofitable companies is always a bad idea. Where is the incentive for them to do better if the loans are guaranteed by the taxpayer?
Another example of why any plan to reduce debt or balance the budget must not provide for an increase of even one more penny to the federal government.
Any belief that there are effective checks and balances is a naive dream.
The Washington crooks will make any new money disappear just like the last $14 trillion.
What race??? I wish at least one newsie would ask that question when some spokesclown makes such a vapid claim.
if you’re Pelosi, that’s SON POWER
bfl
I just read today that “most americans”, whoever the hell they are, want Barry’s “jobs bill” passed. I guess it’s true. You can’t fix stupid.
“why that last day, somehow, you had everything you needed and you didnt have it over a period of time before?”
Excellent question. The “due diligence” magically finished up on all these things at the same time, just the moment it was needed.
The energy loans were rushed through to ensure that kickbacks were available for the Food Stamp President’s campaign fund. Zero’s lackeys figured out that the infamous jobs bill was headed for the cemetery and the only way to get a large amount of payola into his campaign fund was to push those loans out the door in spite of the possible uproar.
How much of the companies funds went to the Democratic coffers. What are the names of the officers and private financiers? How much and to whom did they contribute funds?