Originally posted by PageAlaCearl
Obama Has Increased Debt $5 Trillion --- www.abovetopsecret.com...
Stimulus Package after Stimulus Package -- crazy unemployed anti-obama people -- things are great -- Obama 2012 lets shoot for the quadzillions!!!
You're absolutely correct,,, lets take a look at the president’s 2009 stimulus for companies developing ‘commercially available technologies.
Yes, you know our tax dollars at work, Remember the Solar Firm Solyndra?
We all know the company Failed after it was giving an injection of Tax payers monies, A $535 million loan guarantee to Solyndra. by the administration
of,,,,, Guess Who,,, Yes Obama.
Now this is the Really Good Part,,, Obama as usual is Blaming Some One Other Than Himself For His Fail Policies, Does That Surprise any of you?
Obama is saying, This Was Not Our Program, YUP,,, Pass the Blame Game Obama.
Obama blames Congress and the Chinese for the company going Bankrupt.
President Obama denied culpability for the failure of solar firm Solyndra in a radio interview on Tuesday, instead pinning the blame on Congress
and the Chinese.
The loans initiative used to finance Solyndra was “not our program,” he told American Public Media in response to question about Solyndra’s
bankruptcy and subsequent controversy.
Wrong!!! Another Lie To the Sheeple.
The truth can be found here:
Obama’s Solyndra Problem
President Obama exaggerated when defending his administration’s approval of a $535 million loan guarantee to Solyndra, a now-defunct solar
is not the word I'd use,,,I would say Lying is more like it, he does it enough, maybe he believes the lies his own lies.
Obama referred to Solyndra’s loan at an Oct. 6 press conference as “a loan guarantee program that predates me.” That’s not accurate.
It’s true that the Energy Policy Act of 2005 created a loan guarantee program for clean-energy companies developing “innovative technologies.”
But Solyndra’s loan guarantee came under another program created by the president’s 2009 stimulus for companies developing “commercially
This is a good part, read closely now, Open Your Eyes,,, Obamanites,,,,
The Republican-controlled House has been investigating whether the administration ignored red flags about Solyndra’s financial condition when it
offered a $535 million loan guarantee to the start-up company. The California company announced in August it would file for bankruptcy protection —
about two and a half years after receiving the loan guarantee from the Department of Energy.
The loan guarantee program that provided financing for Solyndra, however, does not predate Obama.
Source Again: www.factcheck.org...
edit on 23-3-2012 by guohua because: spelling