Archive of posts tagged paybacks

Political Paybacks? $300 Million Solyndra Building May Sell to Seagate for Only $90 Million

Political Paybacks? $300 Million Solyndra Building May Sell to Seagate for Only $90 Million

Political Paybacks? $300 Million Solyndra Building May Sell to Seagate for Only $90 Million

Why would the government allow Solyndra to sell a brand new $300 million building for only $90 million, and ensure that the American taxpayer will be the ultimate big loser again?

This after the Obama administration had already completely screwed the American Taxpayer by a prior back-room Obama deal which allowed private investors to be repaid before the taxpayer.

We would bet almost anything that in the weeks to come there will be new crony connections revealed between Seagate Technology and the Obama administration, who will be using the building as paybacks, and line the pockets of his friends and conies.

Taxpayers are about to take it on the chin again when it comes to solar-panel firm Solyndra, as the now-defunct company looks to sell off its glimmering headquarters for a fraction of the original price.

Bankruptcy court documents filed earlier this week show that Seagate Technology — which makes hard drives and other storage products — is offering to buy the Fremont, Calif., building for

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Obama’s Labor Dept Used Public Stimulus Money to Run Pro-Obama Commercials on Liberal MSNBC Shows

Obama Used Public Stimulus Money to Run Pro-Obama Commercials on Liberal MSNBC Shows

Obama Used Public Stimulus Money to Run Pro-Obama Commercials on Liberal MSNBC Shows

Shocker! The Obama administration misused more public money to advertise for the Obama.

Obama’s Labor Department spent hundreds of thousands of dollars of stolen federal stimulus money in 2009 to run pro-Obama ads on liberal MSNBC shows hosted by Rachel Maddow and Keith Olbermann.

This seems to be direct paybacks for the political cronyism, blind support, campaigning, and free positive press coverage that Obama receives from the corrupt hacks at MSNBC.

The Labor Department paid out hundreds of thousands of dollars in federal stimulus funds to a public relations firm to run more than 100 commercials touting the Obama administration’s “green training” job efforts on two popular MSNBC cable shows, records show.

The commercials ran on MSNBC on shows hosted by Rachel Maddow and Keith Olbermann in 2009, but the contract didn’t report any jobs created, according to records recently reviewed by The Washington Times.

Spending reports under the federal Recovery Act show $495,000 paid to McNeely Pigott & Fox Public Relations LLC, which the Labor Department

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Obama Picks Yet Another Obama Green Energy Failure – Additional $20 Million Wasted by Obama Crony Capitalism

Obama Picks Yet Another Green Energy Failure - Additional $20 Million Wasted by Obama Crony Capitalism

Obama Picks Yet Another Green Energy Failure – Additional $20 Million Wasted by Obama Crony Capitalism

Obama has a horrible track record on the green energy companies that he gives taxpayer money to, and yet another one of Obama’s green energy pet companies, Amonix solar manufacturing plant in North Las Vegas, who received more than $20 million in federal tax credits and grants, has now closed it’s new one year old plant.

Obama wants you to believe that he had your interest in mind when he gave these wasteful loans totaling $ billions in lost taxpayer money, but the truth is that Obama only gave money to his friends and supporters. Obama didn’t care if the money was lost, or even if the companies survived. In fact I think that Obama wanted these companies to fail, and mostly gave to failing liberal-owned firms. The whole reason for the billions in wasted money that Obama threw down the toilet is to set his administration up to receive all of the paybacks.

The Amonix solar manufacturing plant in North Las Vegas, subsidized

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Obama Raises National Debt Over $15 Trillion

Obama has increased US debt to over $15 trillion

Obama has increased US debt to over $15 trillion

Thanks to the Obama administration’s out-of-control overspending, and dangerous liberal policies, the United States’ National Debt has now passed the $15 trillion mark!

Many people will try and say that President Bush is the reason for our out of control national debt, but the Obama administration has already spent more of our money, in one term than, President Bush spent in two terms.

When will the American People stand up to Obama and make him stop the payoffs and paybacks to his political friends and supporters?

The Financial Report of the United States, which applies corporate-style accrual accounting methods to Washington, showed the government’s liabilities exceeded assets by $14.785 trillion. That compared with a $13.473 trillion gap a year earlier.

However, the government’s net operating cost, or deficit, in the report dropped to $1.313 trillion for the year ended September 30 from $2.080 trillion the prior year, largely reflecting a drop in expected future payments under government pension programs.

“Restoring fiscal $1.313 trillion sustainability will require substantial additional changes, including tax

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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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