Obama Picks Yet Another Obama Green Energy Failure – Additional $20 Million Wasted by Obama Crony Capitalism
Yet Another Obama Green Energy Pet Goes Bust – Additional $20 Million Wasted by Obama
Yet Another Obama Green Energy Pet Goes Bust – Additional $20 Million Wasted by Obama
More Failed Solyndra-Like Loans by Corrupt Obama Admin For Failing Companies – US Taxpayers Lose Additional $400 Million
Yet another one of Obama’s sweetheart green energy companies have a lot of questions to answer regarding the green-energy subsidies and export subsidies they receive for selling their solar panels to themselves!
The Obama administration gave another obviously failing California solar company $1.2 billion in federal loan guarantees, even though the company had only weeks earlier announced that they would be building a new manufacturing plant in Mexicali, Mexico to manufacturer the solar panels. So much for American jobs, as well as so much for the billions of our tax dollars the Obama administration flushed down the toilet, as payouts to their friends and supporters.
The more that we learn about the Solyndra Scandal, the more it looks like Obama used our money to repay some of his major contributors, who were the shareholders and executives of the company who received a $500 million loan shortly before filing for bankruptcy. POOF!!! Another half a billion dollars obviously misused and wasted …