Archive of posts tagged government loan

Obama Was Aware of Big Problems at Fisker Before Handing Out $529 Million Loan

Obama Was Aware of Big Problems at Fisker Before Handing Out $529 Million LoanObama and his cronies are complete fucking criminals! Is this REALLY news? Why is everyone so f’ing stupid?

After all of the green energy failures that Obama has presided over, we are now starting to get breaking reports that the Obama administration knew about, and ignored serious pre-existing problems with the each of the companies that he threw $ billions of our money at?

Every one of the green energy companies that Obama wasted our money on were already dead, shells of companies that were designed to take huge loans from the government, and then file bankruptcy. Allowing Obama’s friends and supporters who ran the shill companies to pocket $ millions of free money, in return for campaign bundling, and voter fraud.

Newly released documents show that the Obama administration was warned as early as 2010 that electric car maker Fisker Automotive Inc. was not meeting milestones set up for a half-billion dollar government loan, nearly a year before U.S. officials froze the loan after questions were raised about the company’s statements.

An Energy Department official said in a June

…

...Continue Reading Obama Was Aware of Big Problems at Fisker Before Handing Out $529 Million Loan

Losers at Fisker Take $529 Million Low Interest Government Loan – Builds $109000 Sports Cars For Rich People

Losers at Fisker Takes $529 million Low Interest Government Loan - Builds $109000 Sports Cars For Rich People

Losers at Fisker Takes $529 million Low Interest Government Loan – Builds $109000 Sports Cars For Rich People

Hybrid car maker Fisker, who took a $529 million low interest loan from the Department of Energy, says that they are not “losers”, but we would beg to differ.

Any company who has to take money from the Obama administration to stay in business is a loser in my book.

Do the idiots at Fisker or the in Obama administration really think that anyone in the middle class is going to be able to spend $109,000 on a Fisker sports car? Doubt it! In fact, NOBODY in the middle class will be able to afford a Fisker – only the top 1%.

So in other words, Obama’s Department of (Green) Energy thinks it’s OK to line the pockets of rich people, so that they may make overpriced sports cars, that will only be driven by other rich people.

So yea, we would have to say that, in our book, Fisker is a big-time loser!

It must depend on what your definition of

…

...Continue Reading Losers at Fisker Take $529 Million Low Interest Government Loan – Builds $109000 Sports Cars For Rich People

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

…

...Continue Reading Above-The-Law Obama Rejects Solyndra Scandal Subpoena

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

…

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

Solyndra Execs Cover for Obama, Refuse To Answer Questions

The Democrats have started implementing the same spin-job they use when one of them gets caught not paying their taxes.
“Oh, it was just a mistake. We missed some signs that showed that there were problems with the company”

How do you miss the signs that a company is not deserving of a half billion dollar government loan, when just a few weeks earlier, the Bush administration rejected the exact same loan request. The corruption-filled Obama administration rushed to re-initiate the loan offer to Solyndra knowing full well that they were throwing the American People’s money right down the toilet, as a “Thank You” and a big wet kiss from Obama to one of Obama’s major donors, George Kaiser, and the other Solyndra executives and shareholders.

We heard Obama’s donor George Kaiser had invested $75 million into Solyndra, and after the Obama administration found out that the company was about to go bankrupt, the administration gave Solyndra an additional… $75 million. Was that extra $75 million a payback to Kaiser as well?

“This is not a debate about the virtues …

...Continue Reading Solyndra Execs Cover for Obama, Refuse To Answer Questions