Archive of posts tagged taxpayers

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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Congressional Black Caucus Chairman Emanuel Cleaver Wants To Make You Pay For His Carwash Facility

Bank of America Files $1.5 Million Suit Against Deadbeat Lawmaker Emanuel Cleaver – Head of Congressional Black Caucus

Bank of America Files $1.5 Million Suit Against Deadbeat Lawmaker Emanuel Cleaver – Head of Congressional Black Caucus

Typical Dead-Beat Democrats – Congressional Black Caucus Chairman Emanuel Cleaver (D-Mo.) took out a loan, which was largely backed by the Small Business Administration (SBA). Dead-Beat Democrat Emanuel Cleaver failed to pay back $1.1 million of the $1.5 million loan, and when the loan defaults, U.S. Taxpayers (you and me) will be on the hook to pay off Dead-Beat Democrat Emanuel Cleaver’s loan.

Maybe the CBC should be called the “Corrupt Black Criminals” because Democrats are the most corrupt, least trustworthy bunch of idiots that I have ever seen in my life! My guess is that Dead-Beat Democrat Emanuel Cleaver knows that he is not really on the hook for the $1.5 million SBA-Backed loan, so he has no intention of paying it off. As with most members of the Democrat Culture of Corruption, they fail to pay their taxes, or bills, and then blame their crimes on someone else, like their accountant, and the same will be the case here. We …

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Obama Bilks Tax-Payers Again For Another Re-Election Campaign Bus Tour

Barack Obama has gone out again for a second round of tax-payer funded bus campaigning in his expensive tax-payer funded buses. The Obama administration has the gall to claimed that the three-day bus tour is not political, even though the bust campaign goes through the states critical to his re-election in 2012.

Obama's Taxpayer-Funded Campaign Bus Tour.

Obama's Taxpayer-Funded Campaign Bus Tour.

We’ll see if that is the case, because whenever Obama opens his mouth, he makes it political by spewing attacks at Republicans, while pushing his administration’s Socialist/Marxist policies.

Obama's Tax-Payer-Funded Campaign Bus Tour and Entourage

Obama's Tax-Payer-Funded Campaign Bus Tour and Entourage

We all know what is happening here. The Obama administration is making the U.S. Taxpayer pay for these early stages of his re-election campaign, and any of the excuses he gives to the contrary is just another Obama lie.

These trips are nothing more than tax-payer funded campaigning, which is against the law, but Obama and the Democrats feel that they are above the law. As usual, Obama will do whatever the hell he wants to do, and then rely on the corrupt Obama-Swooning Media to cover for …

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Obama’s Energy Department Ignored Treasury Warning on Legality of Solyndra Loan Restructuring

Obama Emanuel Chicagoland Solyndra Loan Restructuring Scandal

Obama Emanuel Chicagoland Solyndra Loan Restructuring Scandal

Before the Obama administration Energy Dept illegally restructured the Solyndra loan, to assure that Obama’s friends and supporters would be paid back BEFORE the U.S. Taxpayer, they were warned by Mary Miller, the assistant Treasury secretary, that doing so could be illegal, and urged Obama’s Energy Department to consult with the Justice Department before restructuring the Solyndra loan.

Obama and his Energy Department think that they are above the law though, and followed through with the restructuring anyway, without clearing the with the Justice Department.

We hope more info continues to come out, so that we can get to the bottom of how the $500 billion Solyndra loan deal, the loan restructuring, and also who in the Obama administration knew what and when. Unfortunately, most of the real damming evidence has probably already been destroyed by the Obama administration.

Either way, a Special Council should definitely be set up to investigate the Solyndra Scandal, and the corrupt Democrats who were involved, and who throw our money around to their friends, family, and supporters.…

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More Solar Companies Receiving Federal Loans Tied to Democratic Donors

Very soon we will all see very clearly that the Obama administration used their loan guarantee power as a means to pay back the people who helped the Obama administration – either with political support (Nancy Pelosi – Tonopah Solar) or with cash donations (George Kaiser – Solyndra Scandal).

In the past 2 years, the brash Obama administration may have been able to pull off this type of scandal without taking much heat, but the American People have awoken from their teleprompter-induced trance, and are now paying close attention to the actions of the Obama administration.

A Daily Caller investigation has found that in addition to the failed company Solyndra, at least four other solar panel manufacturing companies receiving in excess of $500 million in loan guarantees from the Obama administration employ executives or board members who have donated large sums of money to Democratic campaigns.

And as questions swirl around possible connections between political donations and these preferential financing arrangements, the Obama White House suddenly began deflecting The Daily Caller’s questions on Wednesday to the Democratic National Committee.

Asked

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Solyndra Lists “California Democratic Party” As Bankrupt Solar-Panel Plant Creditor

Why would the ultra-liberal and corrupt California Democratic Party be listed in the list of creditors to the failed solar-panel company, Solyndra, and then the California Democratic Party’s communications director, Tenoch Flores, said in a reply that the California Democratic Party was not owed “any funds in any form” from Solyndra.

That is not a denial that they are a creditor of Solyndra. It only means that they do not want Solyndra to pay back the cash they are owed, or they were already paid back, but it sill leaves the question of why? Who would the California Democratic Party be a creditor to a company that received over a half billion dollars in federal loans?

WE SMELL A COVER-UP BY THE DEMOCRATS!!

This scandal gets bigger by the minute, and the corruption, and subsequent cover-up attempt reaches into all levels of the Democrat party, from the state level, all the way up the Obama himself.

Out of the hundreds of out-of-work employees, vendors, investors and other creditors in the bankruptcy of government-backed solar-panel maker Solyndra LLC, one name stands

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