Obama Pet Green Company Fiscker Automotive Received $529 Million – Latest To File For Bankruptcy

Obama-Pet-Fisker-Filing-BankruptcyThe Ultra-Corrupt and Brain-Dead Obama Administration has thrown $ Billions of our hard-earned money straight down the toilet, (or in other words, lining the pockets of Obama’s friends and supporters) and the latest Obama shill-company to go under, Fiscker Automotive, will leave tax payers with the huge $529 million bill!

Oh, and Fiscker only made electric cars that cost around $115,000.

Obama wasted $529 million of our money investing in a luxury car company that made cars that only the top 1% of the rich could EVER afford. That’s right. We all paid Obama’s promise to line the pockets of his friends at Fiscker, even though almost none of us would ever be buying one of the pieces of crap.

Everyone should have known that when you get Al Gore, Joe Biden, and Barack Obama together, the only think you will get is lies, corruption, and waste.

Fiscker Automotive, a darling of the Obama Administration’s push for green energy and electric cars has hired the powerful Chicago-based Kirkland Ellis law firm to explore a potential bankruptcy filing, according to reports.



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More Failed Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies – US Taxpayers Lose Additional $400 Million

More Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies - US Taxpayers Lose Additional $400 Million

More Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies – US Taxpayers Lose Additional $400 Million

Thanks to Obama’s inability to do anything right, more companies that received huge green energy loan guarantees are going bankrupt.

The latest in Obama’s horrible record of failed loans to his friends and supporters was the huge loan to Abound Solar Inc, which is costing US Taxpayers an additional $400 million in lost funds.

Obama thinks he is getting away with his green energy scams, where the Obama administration gives huge loan guarantees to their friends and supporters, knowing full well that the green energy companies were only started in order to get in on the free money from Obama, while the Obama administration knew these companies were bound to fail.

Abound Solar Inc., a U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, will close its doors and file for bankruptcy because its panels were too expensive to compete with Chinese products, according to the U.S. Energy Department.

Abound, based in Loveland, Colorado, borrowed about $70 million against the



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Obama Has Driven U.S. Off Financial Cliff – Wasting $ Trillions of Taxpayer Money

Obama likes attacking Mitt Romney for his time at Bain Capital – a company that has saved or created far more jobs than the Obama administration – yet Obama’s record in the financial field is the worst of anyone we have ever seen! Obama has wasted $ Trillions of taxpayer money to pay off his friends and supporters, and to help buy the next election.

Lets look at just a few of Obama’s Financial Failures.

  • Obama gave Raser Technologies $33 million taxpayer-funded grant while the company still owes $1.5 million in back taxes
  • Obama gave ECOtality – a failing company – $126.2 million in taxpayer money – Now tells Obama administration “We may not achieve or sustain profitability on a quarterly or annual basis in the future.”
  • Obama gave Nevada Geothermal Power a $98.5 million taxpayer loan guarantee – Now reports ‘significant doubt about the company’s ability to continue”
  • Obama gave First Solar $3 billion in loan guarantees – Company has racked up $401 million in restructuring costs, and has fired 30 percent of its workforce.
  • Obama gave Abound Solar,


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John Kerry Used Privileged Insider Information To Rake In $ Millions In Dirty Money?

John Kerry seems to know how to beat the system, and has worked overtime, allegedly using privileged insider information regarding the policies the Obama administration and the Democrats were enacting, to scam his way into $ millions in dirty money.

There needs to be an investigation into the rampant corruption in our government, and after the probe has been completed, we should throw all of the criminals in prison for a very long time!

Failed Democratic presidential nominee Sen. John Kerry’s (D., Mass.) long history of ethically dubious investments could invite controversy as he takes on a new role as a “top surrogate” for President Obama’s reelection campaign.

Kerry’s net worth as listed on his 2011 financial disclosure form is at least $193 million and likely much higher, making him the wealthiest member of the Senate. He is also a prolific investor, maintaining an array of stocks and other holdings through a mix of family trusts, marital trusts, and commingled fund accounts with his wife, Big Ketchup baroness Teresa Heinz.

The five-term Senator has a well-documented history of investing in



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Robert Kennedy, Jr.’s Company Cashed In On $1.4 Billion Taxpayer Bailout

Robert Kennedy, Jr.’s ‘Green’ Company Scored $1.4 Billion Taxpayer Bailout

Robert Kennedy, Jr.’s ‘Green’ Company Scored $1.4 Billion Taxpayer Bailout

The Obama administration political paybacks and crony capitalism never end!
Now we are learning about how Robert Kennedy’s ‘green’ company that received 1.4 billion in taxpayer-backed loan guarantees as a payback for the firm raising money for Obama in the 2008 presidential campaign.

Obama and some of the people in his administration needs to be arrested for how they are abusing their power, and completely mishandling our money for political gain!

President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official.

It’s just one more in a string of eye-opening revelations by investigative journalist and Breitbart editor Peter Schweizer in his explosive new book, Throw Them All Out.

The details of how BrightSource managed to land its ten-figure taxpayer bailout have yet to emerge fully. However, one clue might be found in the person of Sanjay Wagle.

Wagle was one of the principals in Kennedy’s firm who raised money for



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Above-The-Law Obama Rejects Solyndra Scandal Subpoena

The Above-The-Law Obama administration, which is the most corrupt and secretive administration in U.S. History, has decided that they will not cooperate with the subpoena of documents relating to the Obama administration’s role in the Solyndra government loan scandal and coverup.

Obama is so dirty, and corrupt, and his administration is in big trouble in the next election as well, so they have a lot to hide.

They talk about how many pages, of the wrong documents, they have handed over already, but the Obama administration is hiding the documents that show what corrupt activities and crimes they have been involved in.

President Obama’s attorney sent a letter to Congressional investigators on Friday, saying the White House would not cooperate with a subpoena requesting documents related to its doling out a $535 million loan guarantee to now bankrupt solar panel manufacturer Solyndra.

“I can only conclude that your decision to issue a subpoena, authorized by a party-line vote, was driven more by partisan politics than a legitimate effort to conduct a responsible investigation,” Obama’s counsel, Kathryn Ruemmler, wrote in a



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Another Obama Green Energy Company Files for Bankruptcy After Receiving $43 Million Government Loan

Yet another one of the companies that Obama’s Energy Department gave $43 million in government-backed loans has filed for bankruptcy, sticking the American taxpayer with the bill.

Just as we have seen with Solyndra, Sun Power, and others, the Obama administration doesn’t worry about how much of our money is being wasted. They only care about how much money and support their wasteful and criminal spending will return to their re-election campaign.

The Obama administration’s inability to not waste money is becoming more than a problem, and we need to do everything in our power to stop the wasteful and most likely criminal abuse and waste of our tax dollars.

A Massachusetts company that received a $43 million Energy Department loan guarantee last year filed for bankruptcy Sunday, a step certain to fuel criticism of federal green energy financing in the wake of the solar company Solyndra’s collapse.

Beacon Power Corp., which develops energy storage systems, filed for bankruptcy protection in the U.S. Bankruptcy Court in Delaware.

Beacon Power had received a federal loan guarantee to help build an energy



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Crony Corruption: Obama Advisor David Prend was Solyndra Investor & Solyndra Inside Man at WH

Obama Advisor David Prend was Solyndra Investor & Inside Man for Solyndra at WH

Obama Advisor David Prend was Solyndra Investor & Inside Man for Solyndra at WH

The Soylndra Solar Panel green-jobs scandal gets worse for the Obama administration everyday, and we are now learning of a new figure central to the Obama scandal which gave his friends and supporters over $500 billion of taxpayer money, just before going bankrupt.

David Prend is an Obama adviser, who pushed hard for the $500 million federal loan guarantee, even though Rockport Capital, Mr. Prend’s company, stood to greatly benefit from the loan because Rockport Capital was an investor and partial owner of Solyndra.

These “Green Jobs Scandals” go all the way to the top of the Obama administration, and they are currently doing their best to mitigate the damages by covering up their roles in the scandals. We will probably never see the evidence showing how up the ladder high these scandals go, but we all know it stops on Obama’s doorstep.

“I thought the White House might want to take advantage of this event to highlight a highly successful public/private partnership.”

— Obama adviser



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